Tech companies in Silicon Valley, the geography, have had an incredible year. But one indicator points to longer-term changes. The internal rate of return (IRR) for companies in other startup hub cities has been even better. A big new analysis by AngelList showed aggregate IRR of 19.4% per year on syndicated deals elsewhere versus 17.5% […]

Joey Lei Contributor Joey Lei is director of service management at Synoptek. With more than 14 years of experience in engineering and product management, Lei is responsible for the development and growth of the Synoptek service portfolio and solution development with strategic technology alliance partners. More posts by this contributor How startups can leverage elastic […]

Apple faces an antitrust complaint in Europe, TikTok has a new CEO and YouTube TV disappears from Roku. This is your Daily Crunch for April 30, 2021. Also, this is my last day at TechCrunch, and therefore my last day writing The Daily Crunch. It’s been a blast rounding up the news for all of […]

A U.K. company behind digital addressing system What3Words has sent a legal threat to a security researcher for offering to share an open-source software project with other researchers, which What3Words claims violate its copyright. Aaron Toponce, a systems administrator at XMission, received a letter on Thursday from a law firm representing What3Words, requesting that he […]

What moves the needle for digital lenders is serving loans to their respective customers. But where does this money come from? The pool is usually equity or debt. While some lenders use the former, it can be seen as folly because, over time, the founders tend to lose ownership of their businesses after giving out […]

Following a controversial ban on political discussions earlier this week, Basecamp employees are heading for the exits. The company employs around 60 people, and roughly a third of the company appears to have accepted buyouts to leave, many citing new company policies. On Monday, Basecamp CEO Jason Fried anounced in a blog post that employees […]

David Teten Contributor More posts by this contributor Should you give an anchor investor a stake in your fund’s management company? How VC and private equity funds can launch portfolio-acceleration platforms Many fintech startups have tried to become a market-maker between investors and investment opportunities. However, the challenge with this two-sided market is: How do […]

After a steady stream of studio acquisitions in late 2019 and early 2020, Facebook has been a little quieter in recent months when its come to bulking up their VR content arm. Today, the social media giant breaks that stream, announcing their acquisition of Downpour Interactive, the developer of the popular VR first-person shooter Onward. […]

Allen Miller Contributor Allen Miller is a principal at Oak HC/FT based in San Francisco. He invests in early- and growth-stage companies, with a particular focus on fintech. More posts by this contributor The last decade in real estate, and a peek into the next one 2019 looks to continue another lights-out year for fintech […]