Remove Companies Remove Demand Remove Funding Remove Layoffs
article thumbnail

The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

A few of the highlights include biking as one of the few bright spots, how some companies have pivoted to providing rides to healthcare workers and insights on how the industry and cities might have reacted had the pandemic occurred two years in the future. The on-demand shuttle startup raised $400 million, TechCrunch learned.

Layoffs 136
article thumbnail

Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. Few companies have to deal with the stressed of both crypto and public markets like Coinbase which laid off more than 1,100 people this week, but plenty of startups raised mega-rounds in 2021 to theoretically future-proof their companies. crash redux.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bird Shuts Down Operations In Middle East

socalTECH

Santa Monica-based on-demand scooter company Bird has shut down its operations in the Middle East, according to reports, shutting down Circ, which it had acquired in January, and laid off all of its employees. Bird had only just acquired Circ in January, shortly before the world was hobbled by the pandemic. READ MORE>>.

article thumbnail

Wag Buys Back Stake From SoftBank, Now Seeking Buyer

socalTECH

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, and is now seeking a sale, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. The company also is now seeking a buyer. READ MORE>>.

Demand 100
article thumbnail

Wag Buys Back Stake From SoftBank

socalTECH

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. Update: According to a spokesperson for Wag, who reached out to this publication, the company "is not seeking a buyer".

Demand 100
article thumbnail

10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

In a larger public company, it’s all about making your quarterly numbers, versus investing in strategic growth alternatives that may not pay off until several quarters later. Distinguish growth opportunities from survival efforts, and make sure they are adequately funded, rewarded, and measured.