Category: Venture Capital

Stripe Raises New Funding That Values It at $50 Billion

The New York Times – Business:
The payments processing start-up was valued at $95 billion in 2021, but private company dealmaking has been hurt by souring global economic conditions.
How Silicon Valley Bank Sparked Global Financial Panic

The New York Times – Business:
While its C.E.O. extolled innovation and the future of tech, Silicon Valley Bank paid less attention to risk management and was caught flat-footed by economic change.
AI Funding Frenzy Escalates

The New York Times – Business:
In just weeks, a gold rush into artificial intelligence start-ups has become a full-blown mania.
After Bank Debacle, Silicon Valley Reckons With Its Image

The New York Times – Business:
Even as start-ups and investors began recovering their money from Silicon Valley Bank, the episode exposed the tech industry’s vulnerabilities.
3 Lessons From Silicon Valley Bank’s Failure

The New York Times – Business:
Here’s one takeaway: The bank’s extremely online clientele may have contributed to its downfall.
Silicon Valley Bank Collapse Sets Off Blame Game Between Crypto and Tech

The New York Times – Business:
The implosion of the Silicon Valley bank led to finger-pointing, as executives and investors jumped on the crisis for their own messaging.
Silicon Valley Bank’s Collapse Causes Start-Up Chaos

The New York Times – Business:
Young companies raced to get their money out of the bank, which was central to the start-up industry. Some said they could not make payroll.
Genetically Modified Trees Planted in U.S. Forest for First Time

The New York Times – Business:
Living Carbon, a biotechnology company, hopes its seedlings can help manage climate change. But wider use of its trees may be elusive.
‘The World’s Largest Construction Site’: The Race Is On to Rebuild Ukraine

The New York Times – Business:
As the country’s leaders lay postwar plans, companies from around the world are jockeying for advantage in what could be a multibillion-dollar effort, although one loaded with risk.
U.S. Aims to Curb Investment in China Amid Security Concerns

The New York Times – Business:
The Biden administration is preparing new rules that would restrict U.S. dollars from flowing to China.
Why Stripe Is Raising Money at a Lower Valuation

The New York Times – Business:
Stripe’s plan to raise billions at a lower valuation underlines the challenges facing start-ups seeking money as the market for initial public offerings stays shut.
Thrive Capital Said to Lead Potential Investment in Stripe

The New York Times – Business:
Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said.