Author: TechCrunch News

As many private companies try to avoid raising capital in the current market, it’s become significantly harder to figure out what companies are actually worth. But a market that’s traditionally even less transparent than venture is providing clues. The secondary market, where investors can buy and sell existing stakes in a startup or fund, offers…

Ford said Tuesday it will spend $1.34 billion (C$1.8B) to turn its 70-year-old Oakville facility in Canada into an assembly plant for its next-generation of electric vehicles. The campus, which first opened in 1953, will be renamed Oakville Electric Vehicle Complex. The company said Tuesday it will begin modernizing the 487-acre site in the second…

Investors are no longer minting nearly two unicorns per day. In fact, we’re down to barely more than one new mythical horned horse per week. Welcome to the new venture normal, where it seems stories of previously well-funded startups imploding will be more common than news of mega-rounds. Tracking the global venture slowdown is a…

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point…

Anthony Millin Contributor Share on Twitter Anthony Millin is a startup attorney, serial entrepreneur, venture partner, and the founder and co-chair of NEXT powered by Shulman Rogers. Preparing to raise a round of funding is one of the most important tasks every founder goes through. Compiling a deck, teaser, and executive summary requires a thorough…

The inability to accurately assess risk for insurance purposes is costing the industry a lot of money. Earlier this year, State Farm reported that its property and casualty underwriting business took a $13 billion hit in 2022 due to “rapidly increasing claims severity and significant additions to prior accident year incurred claims.” Axle is trying…

A new state bill might move the needle for V2G charging If you have solar panels on your roof, it makes sense to add batteries, too, so you have some degree of self-sufficiency should you lose power. In fact, it might be a good idea to have such a storage system even if you don’t…

W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. I spent quite a bit of time lately looking at the latest in insurtech. What’s great about zooming in on a sector is…

Anthony Cimino Contributor Anthony Cimino, head of policy at Carta, works with policymakers and innovators to drive economic opportunity through expanding equity ownership and private market liquidity. More posts by this contributor Holli Heiles Pandol Contributor With the failure of Silicon Valley Bank, the U.S. startup ecosystem lost an important business partner. But the greater…

It’s that time of the week, folks: Week in Review (WiR) time. If you’re new to WiR, it’s the newsletter where TechCrunch recaps the week in tech that was. We get it — you’re a busy person. We all are. So what better way to catch up on what’s happened than in a summarized, bullet-point…