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Clay authorizes employee tender at a $1.5B valuation led by Sequoia

It took seven years of hard work for Kareem Amin, co-founder and CEO of sales automation startup Clay, to see the company’s product finally take off in 2022. Since then, the startup has experienced explosive growth, reached a valuation exceeding a billion dollars, and expanded its employee count from low double digits to over 200. […]

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Carta abandons startup shutdown business, instead backs SimpleClosure’s $15M Series A

In February of 2024, equity management startup Carta revealed that it was getting into the startup winddown business with a new offering called Carta Conclusions. By December, the company had decided to “retire” that offering, according to a blog post. And now, SimpleClosure, a startup that has described itself as “the Turbo Tax of shutting

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Finom, a challenger bank aimed at SMBs, lands $105M in growth funding from General Catalyst

Finom, an Amsterdam-based digital bank for small- and medium-sized businesses, has raised €92.7 million (roughly $105 million) in a growth investment from General Catalyst’s Customer Value Fund, the company tells TechCrunch exclusively. The capital infusion “will be used exclusively and only for growth” and not for operational expenses or product development, Kos Stiskin, Finom’s chairman

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Rork’s founders were almost broke when a viral tweet led to $2.8M and a16z

Rork founders Levan Kvirkvelia and Daniel Dhawan are living a life that sounds like a plot for a movie. But it really happened.  They went from broke, life savings spent, and in debt $15,000 apiece on credit cards — Kvirkvelia was even sleeping on a mattress at a friend’s apartment — to $100,000 of revenue

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Revelo’s LatAm talent network sees strong demand from US companies, thanks to AI

While many tech companies are mandating that their employees return to their offices, and putting an emphasis on building in-person teams, they are also turning in droves to Latin America to find developer talent — especially for post-training AI models. Revelo, a full-stack platform of vetted developers in Latin America, is seeing a new surge in

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eBay and Etsy are relatively confident despite tariff pressures

Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trump’s tariffs.  However, based on the comments made by eBay and Etsy earlier this week, both don’t appear to be overly concerned.  The companies recently reported Q1 2025 earnings results, both addressing the pressing topic of

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OpenAI pledges to make changes to prevent future ChatGPT sycophancy

OpenAI says it’ll make changes to the way it updates the AI models that power ChatGPT, following an incident that caused the platform to become overly sycophantic for many users. Last weekend, after OpenAI rolled out a tweaked GPT-4o — the default model powering ChatGPT — users on social media noted that ChatGPT began responding in

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Read the juiciest bits from the court ruling against Apple over its anticompetitive App Store practices

Judge Yvonne Gonzalez Rogers is pissed off at Apple. Really, really pissed off. In Rogers’ newly released 80-page decision, she took Apple and its executives to task for defying the court’s orders in its original case with Fortnite maker Epic Games. Though Apple largely won that round, as it was determined the tech giant was

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Orb, a new app by Ookla’s ex-CEO, offers a broader picture of your internet connection

Since it launched nearly 20 years ago, Speedtest.net has been one of the most popular tools used to measure internet speeds. However, Doug Suttles, the founder and former CEO of Ookla, the network testing company behind Speedtest, felt that just measuring speed was not enough to tell people all they wanted to know about their

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Google launches AI tools for practicing languages through personalized lessons

Google on Tuesday is releasing three new AI experiments aimed at helping people learn to speak a new language in a more personalized way. While the experiments are still in the early stages, it’s possible that the company is looking to take on Duolingo with the help of Gemini, Google’s multimodal large language model. The

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