Business and Economy

Intel Capital invests $117M in 14 startups

Intel Capital invests $117M in 14 startups

Intel Capital just announced $117 million dollars of investments across 14 “disruptive” startups. The new investments, shared at the company’s Global Summit, are part of its continued goal of putting $300 million to $500 million dollars into smaller companies annually.

ezCater raises $150M, joins unicorn club

Boston-based ezCater, operator of a platform for businesses to order catered food from restaurants, has raised $150 million in a new Series D round. Lightspeed Venture Partners and GIC led the financing, which sets a $1.25 billion valuation for the 12-year-old company.

Slack seen moving forward with direct listing IPO

Slack’s IPO is still on for this year, and new details set the stage for what’s tipped to be one of technology’s most-watched debuts. The popular team-focused messaging service reportedly still favors a direct listing and could allow its shares to begin trading publicly in June or July.

Global VC activity dips in Q1 after red-hot Q4

The first quarter of 2019 has come to a close, and a preliminary look at global venture funding for the period indicates that investment totals dipped a bit. While investment is still up from year-ago levels, totals are down some from the fourth quarter, which set records for spendiness.

We Looked at 101 Startup CEO Salaries – Here’s What We Found

While there is no dataset explicitly outlining CEO salary levels at early stage companies, we can use the salaries from tech companies at their IPO to get a sense for what the salary should be for a successfully exiting CEO. The data in this article shows the salaries of 101 tech company CEOs at IPO

Ride-hailing, bikes and scooters raised less than you thought

Of all the venture funding raised over the past couple of years, how much went to companies in the ride-hailing, food delivery, and last-mile transport categories? Probably not as much as you’d think. A Crunchbase analysis finds that companies in these categories raised less than 6 percent of all funding in 2018, or a little over $18 billion.

Toast raises $250M for restaurant platform

Boston-based Toast, a provider of point-of-sale and management software for restaurants, just raised $250 million in fresh funding. TCV and Tiger Global Management led the financing, which sets a $2.7 billion valuation for the eight-year-old company.

Airbnb confirms Oyo deal

Airbnb confirmed that it has purchased a stake in Oyo, a startup that helps manage budget hotels in India. The investment reportedly totals between $150 million and $200 million.

Lyft shares rise in IPO

Last week was a good one for Lyft. After raising its IPO range, and pricing at the top of the new price interval, shares rose another 9 percent in first-day trading to close around $78.

Europe’s new copyright law will spook startups

European Parliament voted a few days ago to ratify copyright legislation that critics say could harm Europe’s ability to compete as a destination for startups.

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