Brex Co-Founder & CEO Henrique Dubugras speaks onstage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center on October 02, 2019 in San Francisco, California. Steve Jennings | ...
Tag: Venture capital
Orlando Bravo warns there’s ‘more pain to come’ for the tech sector
Private equity boss Orlando Bravo has a somber warning for the technology industry. “I think there’s more pain to come,” Bravo, founder of buyout firm Thoma Bravo, told CNBC’s ...
How A Former Marketing Executive Built A $1.1 Billion Brand Around Frozen Fruits And Vegetables
Daily Harvest’s founder and CEO Rachel Drori quit her job in 2015 to start making smoothies in a kitchen in Queens. Now at 39, she’s worth $350 million. It all started with wanting convenient, healthy...
Fintechs delay IPO plans, focus on profitability amid recession fears
Investment in fintech is slowing as worries around rising inflation and the prospect of higher interest rates have dented economic sentiment. Elena Noviello | Moment | Getty Images AMSTERDAM — Financi...
Checkout.com jumps into crypto with stablecoin payments feature
The logo for payments start-up Checkout.com. Checkout.com AMSTERDAM — Online payments company Checkout.com says it will settle payments for its merchants round-the-clock using stablecoins, making it t...
Chipotle and Kraft Heinz use start-up HowGood to track sustainability
Consumers are now demanding environmental accountability in everything — from the buildings they live in to the products they purchase. Food is a big one. While more and more food companies are ...
Talking With The Portfolio Pickers At Thomas H. Lee Partners’ $900 Million Automation Fund
Thomas H. Lee’s Jim Carlisle (left) and Mike Kaczmarek Photos courtesy Thomas H. Lee Partners, image by Forbes Given the trend toward the automation of everything, it’s somewhat surprising how f...
Rival fintechs Revolut and Wise are still recruiting
Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images Not all fintech unicorns are cutting jobs. After Klarna announced plans to lay off 10% of its w...
Andreessen Horowitz raises $4.5 billion crypto fund in down market
Chris Dixon, General Partner at Andreessen Horowitz, discusses cryptocurrency during the TechCrunch Disrupt forum in San Francisco, October 2, 2019. Kate Munsch | Reuters Andreessen Horowitz plans to ...
A16z Crypto’s Record New $4.5 Billion Fund Doubles Down On Web3 Amid Market Crash
Midas List No. 1 Chris Dixon and co. have a record-sized crypto fund to deploy in another reset of valuations and coin prices that hasn’t come without a human cost. Ethan Pines/The Forbes Collec...
Why Tesla was kicked out of the S&P 500’s ESG index
An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | Getty Images The S&P 500 booted electric vehicle maker Tesla from its ESG Index in an annual r...
These are the 2022 CNBC Disruptor 50 companies
In the tenth annual Disruptor 50 list, CNBC highlights private companies that grew through the ups and downs of the pandemic and are poised to meet increasing economic and consumer challenges. All tol...
JetBlue Launches Tender Offer for Spirit Airlines at $30 a Share
Text size Spirit Airlines planes are shown at the George Bush Intercontinental Airport in Houston (Photo by Brandon Bell/Getty Images) Spirit Airlines shares surged Monday after JetBlue Airways launch...
Goldman ‘deal guy’ behind Apple, GM cards leaves for fintech start-up iCreditWorks
iCreditWorks CEO Scott Young, former chief commercial officer of Goldman Sachs Marcus. Courtesy: Goldman Sachs A Goldman Sachs executive known for securing some of the industry’s biggest credit-...
Grayscale tells SEC that turning biggest bitcoin fund into ETF will unlock $8 billion for investors
Michael Sonnenshein, CEO, Grayscale Investments at the NYSE, April 18, 2022. Source: NYSE Grayscale, the asset manager running the world’s largest bitcoin fund, met privately with the Securities...
How Will Political And Economic Turmoil Impact Investment
A broker looks at his screens at Frankfurt’s stock exchange DDP/AFP via Getty Images The Global Investor Conference (GIC) aims to tackle these tough questions and more next week in Portugal. Thi...
As Demand for Mental-Health Care Booms, Investors See Opportunities
Psychiatrists and psychologists once ran their own practices. Now the local therapist office could be controlled by a buyout king. Venture capitalists and private-equity firms are pouring billions of ...
Singapore fintech Nium plans aggressive expansion in Europe
Europe’s fintech sector is fiercely competitive, with privately-held start-ups worth tens of billions of dollars vying to steal market share from incumbent banks. Oscar Wong | Moment | Getty Ima...
The Power Of Diversity, Equity, And Inclusion To Improve Risk-Adjusted Returns In Private Equity
Group of Diverse Colourful Hands Raised with Symbols getty Assets managed by diverse-owned firms have only increased by a tenth of a percentage point to 1.4% of the $82.2 trillion US asset management ...
Goldman exec Dustin Cohn leaves for real estate investing start-up Cadre
Dustin Cohn, chief marketing office of Cadre Source: Cadre Goldman Sachs consumer bank branding chief Dustin Cohn has joined real estate investing start-up Cadre as chief marketing officer, CNBC has l...
Gold House launches $30 million fund to invest in entrepreneurs of Asian descent
Megan Ruan knows firsthand how representation can impact funding for entrepreneurs. She recalled being the only woman of color working at a family office earlier in her career and running a portfolio ...
Veterans And Public Companies Dominate
Every year, TrueBridge looks at the top ten companies creating significant value for investors on the Forbes Midas List. While we tend to see new company drivers every year as industry upstarts emerge...
Backing What’s Trending At Home And Abroad
Whether it’s embracing the new normal or returning to pre-pandemic routines—the dust is beginning to settle after years of unexpected volatility in work and life. In tandem, the lasting trends brought...
How Chris Dixon’s Dive Down The Crypto Rabbit Hole Made Him The World’s Top Venture Capitalist
The Andreessen Horowitz partner is the new no. 1 on Forbes’ 21st annual Midas List of top venture investors, thanks to savvy bets on tokens, NFTs and cryptocurrency exchange Coinbase. In fact, a dozen...
Morgan Stanley unveils family office unit, looking to serve richest of the rich
Jed Finn, Chief Operating Officer for Morgan Stanley Wealth Management and Head of Corporate and Institutional Solutions Source: Morgan Stanley After making inroads managing money for the merely wealt...
VC Heavyweight Sequoia Names Roelof Botha As New Global Leader
Roelof Botha, Sequoia’s new global leader, says “I really care passionately now about turning my attention to helping this partnership be positioned for the future.” Sequoia Sequoia ...
Goldman Sachs is betting that you’ll want a $10,000 loan from the investment bank
David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs, the 153-year old investment bank, is now officially in the home improvement loan business as it continues a push into...
A Promised VC Partner Job Vanishes, Leading To $10 Million In Lost Income And Expenses, According To High-Profile Lawsuit
Investor Stacy Chang claims promises made to her by Thrasio cofounder and CEO Carlos Cashman to serve as a partner in a new venture capital firm failed to materialize after she quit her job as chief o...