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Posts Tagged ‘economy’

Startups Weekly: Zoom CEO says its stock price is ‘too high’

In this week's newsletter: More IPOs, Boston Dynamics dog-like robot makes its debut and Ro raises $85M. ...

Equity Shot: Pinterest zooms into the public markets (and yet another tech company files for an IPO)

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. ...

Digital health investments slide in the first quarter to $2 billion, according to Mercom Capital

Venture investors, private equity, and corporations funneled $2 billion into digital health startups in the first quarter of 2019, down 19% from the nearly $2.5 billion invested a year ago. There were also 38 fewer deals done in the first quarter this year than last year, when investors backed 187 early stage digital health companies, ...

Zoom, the profitable tech unicorn, prices IPO above range

The video conferencing business will go public on the Nasdaq tomorrow, the same day as fellow tech unicorn Pinterest. ...

I asked the US government for my immigration file and all I got were these ****** photos

“Welcome to the United States of America.” That’s the first thing you read when you find out your green card application was approved. Those long-awaited words are printed on fancier-than-usual paper, an improvement on the usual copy machine printed paper that the government sends to periodically remind you that you, like millions of other people, ...

Another day, another U.S. company forced to divest of Chinese investors

Jeff Farrah Contributor Share on Twitter Jeff Farrah is the general counsel of the National Venture Capital Association. More posts by this contributor US rule changes could mean more startups would need government approval to hire immigrants Foreign investment scrutiny continues to creep into the startup world via a once obscure U.S. government agency that ...

Startups Weekly: Lessons from a failed founder

In this week's startups newsletter: Uber files its S-1, Defy Partners nabs $262M and the Vision Fund backs a travel business. ...

African e-commerce startup Jumia’s shares open at $14.50 in NYSE IPO

Pan-African e-commerce company Jumia listed on the New York Stock Exchange today, with shares beginning trading at $14.50 under ticker symbol JMIA. This comes four weeks after CEO Sacha Poignonnec confirmed the IPO to TechCrunch and Jumia filed SEC documents. With the public offering, Jumia becomes the first startup from Africa to list on a major global ...

Naspers-owned PayU doubles down on India with $70M deal to buy Wibmo

PayU, the Naspers-owned payments company that competes with the likes of PayPal but focuses mainly on emerging markets, has made an acquisition to expand its business in India. It has acquired Wibmo, a startup based out of the US (Cupertino, to exact) that mostly operates in India. PayU is paying $70 million for the startup, ...