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Finance

Equity podcast: Uber’s losing billions, Amazon lays off hundreds and somehow Instacart gets more money

[ad_1] Welcome to “Equity,” TechCrunch’s venture capital and tech business podcast. On this week, we were joined by Mike Ghaffary from Social Capital, who was the perfect guest because he used to run Eat24, when it was Yelp’s food delivery business. Food delivery is highly relevant...

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Simplified investing app Stash raises $37.5 million Series D as it heads into banking

[ad_1] Stash, the micro-investing app that’s been a hit with first-time investors, announced today it has raised an additional $37.5 million in Series D funding in a round led by Union Square Ventures. Existing investors Breyer Capital, Coatue Management, Entree Capital, Goodwater Capital and Valar Ventures also...

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Raise softly and deliver a big exit

[ad_1] Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor: In the world of venture capital, the prospect of a successful “exit” looms large in the minds of investors. A VC’s business model is less about the money...

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Grove raises $2.1M to find the sweet spot between old-school financial advisors and chatbots

[ad_1] Right now if you want financial guidance and planning help you basically have two options – shell out thousands (or more) a year for an old-school Wall Street-affiliated advisor, or test your luck with one of the free financial planning chatbot startups that have...

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Facebook co-founder Eduardo Saverin’s B Capital Group closes first fund at $360M

[ad_1] B Capital Group, the VC fund founded by Facebook co-founder Eduardo Saverin, has closed out its first fund at $360 million (via Reuters). The fund, which is intended to invest globally but with a focus in Asia, closed an initial $140M back in 2016. In a letter to...

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