Tiger Global values people management tool Lattice at ~$200M

The secretive New York-based hedge fund Tiger Global Management has led a $25 million Series C investment in Lattice, an employee performance and engagement management tool, with participation from the startup’s existing investors. The round, which values Lattice in the ballpark of $200 million, says co-founder and chief executive officer Jack Altman, comes just six […]

Tech startups want to destigmatize sex

Sex, despite being one of the most fundamental human experiences, is still one of those businesses that some advertisers reject, banks are hesitant to financially support and some investors don’t want to fund. Given how sex is such a huge part of our lives, it’s no surprise founders are looking to capitalize on the space. […]

Equity transcribed: Slack’s IPO, the VCs behind Facebook Libra, founder salaries and trouble in scooter-land

Welcome back to this week’s transcribed edition of Equity. This week, TechCrunch’s Danny Crichton filled in for co-host Alex Wilhelm – who was out in preparation for his wedding this weekend – joining Kate to cover the big news of the week. Kate and Danny dive straight into Slack’s IPO and the implications of its direct […]

Facebook announces Libra cryptocurrency: All you need to know

Facebook has finally revealed the details of its cryptocurrency, Libra, which will let you buy things or send money to people with nearly zero fees. You’ll pseudonymously buy or cash out your Libra online or at local exchange points like grocery stores, and spend it using interoperable third-party wallet apps or Facebook’s own Calibra wallet […]

Lattice raises another $15M to improve performance reviews

Sam Altman’s little brother Jack is an entrepreneur, too. Jack Altman, whose resume includes a stint as vice president of business development at Teespring, has raised $15 million in Series B funding for his startup, Lattice, a modern approach to corporate goal setting. Shasta Ventures led the round, with participation from Thrive Capital, Khosla Ventures […]

Glossier triples valuation, enters unicorn club with $100M round

Glossier, known for its flagship line of barely there beauty products, has landed a $100 million Series D led by Sequoia Capital. The round values Emily Weiss’ business at a whopping $1.2 billion, fully cementing the company as a startup “unicorn” and tripling the valuation it garnered with a $52 million Series C in 2018. […]

Josh Kushner’s Thrive Capital brings in $1B

It’s a good week to be Josh Kushner, venture capitalist, founder of the health insurance unicorn Oscar, brother to President Donald Trump’s senior advisor Jared Kushner and son of real estate tycoon Charles Kushner. Days after marrying supermodel Karlie Kloss, Kushner’s VC firm Thrive Capital has announced the close of $1 billion in new capital for […]

Thrive Capital leads healthtech startup Welkin Health’s $8 million Series A

 Digital patient relationship platform Welkin Health has landed $8 million in Series A financing, led by Josh Kushner’s Thrive Capital. This now brings the total in the VC piggy bank to $12 million for the company. Welkin launched in 2013 as a digital monitoring system for diabetics. It joined Rock Health in 2014 to create […]