Climate justice and environmental ethics in tech, with Amazon engineer Rajit Iftikhar

Nearly 8,000 Amazon employees, many in prestigious engineering and design roles, have recently signed a petition calling on Jeff Bezos and the Amazon Board of Directors to dramatically shift the giant company’s approach to climate change. By deploying a kind of corporate social disobedience such as speaking out dramatically at shareholders meetings, and by engaging […]

Online used car startup Shift adds another $40M, snags COO in road to IPO

Online used car startup Shift Technologies has tacked on another $40 million in equity funding, hired a new COO with Amazon and Enjoy roots and scaled up its engineering staff — all in the past several months — as the company aims to double its revenue this year. The recent activity, along with what executives […]

Unicorns aren’t profitable, and Wall Street doesn’t care

In Silicon Valley, investors don’t expect their portfolio companies to be profitable. “Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies,” a bible for founders, instead calls for heavy spending on growth to scale in an Amazon -like fashion. As for Wall Street, it’s shown an affinity for stock in Jeff Bezos’ business, despite the […]

What business leaders can learn from Jeff Bezos’ leaked texts

Joel Wallenstrom Contributor Joel Wallenstrom is president and chief executive of Wickr, a secure communications company. Before Wickr, Joel co-founded iSEC Partners, one of the world’s leading information security research teams, later acquired by NCC Group, and served as Director for Strategic Alliances at @stake, one of the very first computer security companies in the […]

Dreaming of Mars, the startup Relativity Space gets its first launch site on Earth

3D-printing the first rocket on Mars. That’s the goal Tim Ellis and Jordan Noone set for themselves when they founded Los Angeles-based Relativity Space in 2015. At the time they were working from a WeWork in Seattle, during the darkest winter in Seattle history, where Ellis was wrapping up a stint at Blue Origin . The […]

Oil and gas giants Chevron and Occidental are backing tech to combat carbon emissions

Carbon Engineering, a Canadian company developing technology to remove carbon dioxide from the atmosphere and process it for use in enhanced oil recovery or in the creation of new synthetic fuels, has locked in financing from two big industry backers — Chevron and Occidental Petroleum — to bring its products to market. The undisclosed amount […]

Alphabet spins off moonshot project Malta with backing from Gates’s BEV fund

Malta, the renewable energy storage project born in Alphabet’s moonshot factory X, is now on its own and flush with $26 million from a Series A funding round led by Breakthrough Energy Ventures . Concord New Energy Group and Alfa Laval also invested in the round. Project Malta launched last year in Alphabet’s X (formerly Google X) with […]

Confirmed: ShopRunner acquires Spring, raises $40M

ShopRunner chief executive Sam Yagan conquered the online dating world. Can he conquer the e-commerce world, too? Hot off the heels of its first profitable year, ShopRunner is announcing its first infusion of venture funding under Yagan, an acquisition of the shopping app Spring and, sources tell TechCrunch, it’s readying a major overhaul to its mobile […]

Blue Origin could charge $200k-$300k for a trip to space

How much would you pay to leave our dumpster fire of a world for just a few minutes? Blue Origin is considering charging $200,000 to $300,000 according to a Reuters report. For that price, passengers would get a seat on Blue Origin’s New Shepard, the commercial space vehicle from Jeff Bezos’ rocket company. The rocket […]

The formula behind San Francisco’s startup success

Joanna Glasner Contributor More posts by this contributor What does it take to be a startup that raises huge sums quickly? Not a minimalist? Startups will gladly store, manage and deliver your items Why has San Francisco’s startup scene generated so many hugely valuable companies over the past decade? That’s the question we asked over […]