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

TechCrunch LA

The on-demand shuttle startup raised $400 million, TechCrunch learned. The remaining $200 million came from new investors Macquarie Capital, Mori Building and Shell, as well as existing investors 83North, Broadscale Group, Ervington Investments, Hearst Ventures, Planven Ventures, Pitango and RiverPark Ventures. Other deals: Qcraft.ai

Layoffs 136
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Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. Without the promise of riches or with reduced interest in blockchain-based exclusivity, where will consumer demand go? Subscribe to Chain Reaction on Apple , Spotify or your alternative podcast platform of choice to keep up with us every week. crash redux.