VCs are expected to attain liquidity in 2024 primarily through the secondary market rather than IPOs

If you had asked a group of venture capitalists at the close of 2023 whether the IPO market would finally reopen in 2024, the majority would have answered affirmatively. TechCrunch conducted a survey of over 40 VCs in December, and the consensus was optimistic. Devamını Oku

Lordstown Motors emerges from bankruptcy with a new identity to compete against Foxconn

Lordstown Motors has emerged from bankruptcy with a new identity, Nu Ride Inc., and a renewed focus on continuing its legal battle against Foxconn, the iPhone-maker, for allegedly damaging the business of an American startup. Devamını Oku

Abu Dhabi’s ADIA is reportedly exploring an investment in India’s Pocket FM, sources say

Abu Dhabi’s sovereign wealth fund ADIA is reportedly in discussions to invest in Pocket FM in a substantial new funding round, according to sources familiar with the matter speaking to. These talks, ongoing for over a month, follow Pocket FM’s recent funding round of approximately $100 million from Lightspeed Venture Partners. Althoughpreviously reported Lightspeed’s engagement with Pocket FM last year, discussions with ADIA and the completion of the latest funding round have not been previously disclosed. Devamını Oku