It turns out that the cloud is expensive, and the more workloads you move to the cloud, the more it costs. Go figure. When we were in the “growth at all costs” phase between 2021 and 2022, it was easy to ignore or minimize the costs associated with operating in the cloud. But when companies…
I often hear founders say they are raising money to increase their runway by 18 to 24 months. In a sense, that is accurate, but only from the startup’s point of view. However, that’s not what an investor is looking for. Your company surviving for another year and a half is not the goal of…
Sam Chaudhary takes his time. The founder of ClassDojo, an edtech consumer app that focuses on student classrooms, spent eight years building the company before introducing a formal revenue model. All while raising over tens of millions in venture capital from elite Silicon Valley investors and eyeing a big mission: become the brand families can…
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week.…
The U.S. Federal Aviation Administration has issued a launch license to SpaceX for the Starship orbital flight test, which could now take place as soon as Monday. A 150-minute test window will open at 7:00 a.m. local time (CST), SpaceX said on its website. The long-awaited launch license came at the very end of business…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Friday, our crunchiest of friends! Over the last few days, we’ve been telling you about all the cool stuff that’s happening at Disrupt. Well, guess what — we’re getting a hardware…
A slew of new funds indicate potential for dedicated pools for climate startups Venture capital activity around climate tech has been heating up in Africa despite the global VC funding cooldown. The continent’s climate tech startups secured over $860 million in equity funding, largely driven by clean energy technologies, representing 3.5x growth amid macroeconomic headwinds…
Emerging managers have been on the same rollercoaster as startups for the last few years. Funding to these young firms swelled in 2021 as venture was hot overall, but in line with the broader market, fundraising has slowed to a trickle since the beginning of 2022. The trend continued into 2023. New data from PitchBook…
If there was any question as to whether the Biden administration is serious about the electrification of the U.S. economy, this week’s announcement of new automotive emissions regulations should put that to rest — along with any doubts investors have about where they should direct their investments. The Environmental Protection Agency is proposing new rules…
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week Mary Ann, Natasha and Alex enjoyed the warming climate and the fact that there are some positive vibes in the venture market as well. Hell, we even had a nine-figure round…