137 Ventures Gets a Second Female Partner and a New Fund
Some of Silicon Valley’s so-called "unicorn" startups are refusing to go public, and investors and employees are growing eager to cash out. 137 Ventures, an investment firm that provides loans to...
View ArticleTake This Market and Shove It
More and more companies are saying goodbye to public shareholders, activist investors, and regulators. Here's why it's so easy to go--and stay--private. Why can't you buy Uber stock? No investment...
View ArticleSilicon Valley Mocks Donald Trump Over His Tech Bubble Warning
Republican presidential candidate Donald Trump on Tuesday warned that a dangerous financial bubble has formed in the technology industry--and Silicon Valley responded with a collective eye roll. In a...
View ArticleHere Are 3 Unicorns That Are Struggling
Some promising -startups with billion-dollar valuations, a.k.a. unicorns, are struggling. Here’s a brief look at three. Theranos Regulators are all over the blood-testing company, last valued at $9...
View ArticleThey Played High School Basketball Together. Now, They Lead Billion-Dollar...
Long before Brian O'Kelley started his own business, he was a basketball player at South Eugene High School in Oregon. It was there that he learned a crucial life lesson: the importance of simplicity....
View ArticleUber-Saudi Arabia Deal Is the Latest Sign the Tech Bubble Could Be Popping
Saudi Arabia's Public Investment Fund is plunging $3.5 billion into Uber, cementing a value for the ride-sharing company of $62.5 billion. But Uber isn't the first American-owned private company to...
View ArticleNo, Europe Does Not Have 47 Unicorns
You may have read today that Europe is positively bursting at the seams with “unicorns”--those billion-dollar tech startups that were once mythical but are now popping up all over the place. According...
View ArticleEveryone’s Waiting for the Next Cybersecurity IPO
Champion sailors have been known to learn their craft on Lake Travis, just outside Austin. The hills and topography surrounding the body of water whip up challenging winds, making it a sublime place...
View ArticleWhy Online Lender Avant Is Cutting Down Its Workforce Again
Chicago-based online lender Avant has more bad news for employees this week. After laying off 60 people in May, the company is seeking to slim down further with a voluntary severance offering,...
View ArticleUber and Snapchat Are Making Bill Gurley’s Unicorn Fears Come True
Don’t say Bill Gurley didn’t warn you. The Benchmark venture capitalist lamented in a blog post in April that the high numbers of “unicorns”--private companies with valuations of $1 billion or...
View ArticleSo You Want To Short the Startup Market?
Just about everyone working in tech has their own answer to the question, "How do you know we're in a tech bubble?" Perhaps it's the proliferation of startups buying up ads on billboards, subways and...
View ArticleThese Mutual Funds Have Been Juicing Their Returns With Unicorn Stakes
Some U.S. mutual funds are boosting their performance with relatively big bets on private companies such as Uber and Pinterest, which they have been marking up at a rate far greater than the broad...
View ArticleTwilio’s CEO Explains Why His Company Went Public
When business software company Twilio filed paperwork in May to go public, it was separating itself from the dozens of other so-called “unicorn” startups that are valued at $1 billion or more. Lately,...
View ArticleMarc Andreessen Feels ‘Free as a Bird’ Since Quitting Twitter
We still don’t know why exactly famed investor Marc Andreessen suddenly quit Twitter last weekend. But we do know that he feels “50 pounds lighter” and “free as a bird,” as he said on Thursday evening...
View ArticleReport Details Blue Apron’s Violent, Unsafe, High-Pressure Packing Facility
A new report from Buzzfeed News details a litany of workplace-safety offenses and violent incidents at a three-year-old Blue Apron packing facility in Richmond, California. In its rapid expansion to...
View ArticleThis Texas Unicorn Is Readying for a Rare Oil IPO
Double Eagle Energy Permian LLC is a unicorn roaming the barren landscape of West Texas. Founded by a retired NFL player and his high school buddy--with land deals signed on the hood of a pickup--the...
View ArticleHow the Flood of New Money Is Making Things Awkward in Silicon Valley
A Boom with a View is a column about startups and the technology industry, written by Erin Griffith. Find them all here: fortune.com/boom. The age of unicorns, while glorious, is over. So far this...
View ArticlePayments Company Stripe Nearly Doubles Valuation to $9 Billion
Silicon Valley payments company Stripe has nearly doubled its valuation to a staggering $9 billion after a new $150 million funding round. That’s up from a $5 billion valuation in a funding round...
View ArticleThis Wildly Popular Texas Jewelry Company Is Now Worth $1 Billion
Private equity firm Berkshire Partners LLC said on Wednesday it would acquire a significant minority stake in Kendra Scott Design Inc, in a deal that sources said values the Austin, Texas-based jewelry...
View ArticleDon’t Expect Unicorn IPOs to Make a Comeback Any Time Soon
Initial public offerings for unicorns--private companies with valuations of at least $1 billion--have been rare this year. Cloud communications startup Twilio, launched its IPO in June; data center...
View Article
More Pages to Explore .....