Startup
Renaud Laplanche spent ten years building LendingClub. In the process, he created an industry from scratch. Circumventing conventional banking channels for consumer credit began in 1996 when Chris Larsen started E-LOAN, which ultimately led to Prosper Marketplace. But LendingClub, which Laplanche founded in 2007, was and remains the poster child
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Read more: Understanding Renaud Laplanche’s next Upgraded act
Write comment (95 Comments)In the days leading up to TechCrunch Disrupt SF 2018, The Economist published the cover story, ‘Why Startups Are Leaving Silicon Valley.&
The author outlined reasons why the Valley has &peaked.& Venture capital investors are deploying capital outside the Bay Area more than ever before. High-profile entrepreneurs and
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Read more: VCs say Silicon Valley isn’t the gold mine it used to be
Write comment (94 Comments)23andMe, IBM and now uBiome is the next tech company to jump into the lucrative multi-billion dollar drug discovery market.
The company started out with a consumer gut health test to check whether your intestines carry the right kind of bacteria for healthy digestion but has since expanded to include over 250,000 samples for everything from the
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Read more: uBiome is jumping into therapeutics with a healthy $83 million in Series C financing
Write comment (100 Comments)After repeatedly missing self-imposed deadlines for progress on its wireless charging-at-a-distance phone case, uBeam CEO Meredith Perry has decided to shift out of the CEO position and into a board member and senior advisor role. She&d founded the company in 2011 from her dorm room and brought in over $40 million in funding by
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Read more: uBeam wireless power’s CEO Meredith Perry steps aside amidst B2B pivot
Write comment (98 Comments)When Cleo, the London-based &digital assistant& that wants to replace your banking apps, quietly entered the U.S., the company couldn&t have expected to be an instant hit. Many better-funded British startups have failed to &break America.& However, just four months later, the fintech upstart counts 350,000 users
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Eventbrite is having one hell of a debut on the New York Stock Exchange this morning.
Shares of the ticketing startup, founded back in 2006, have shot up over 50 percent in trading on the NYSE. After pricing its shares at $23 in its initial offering, investors have bid up the stock to a whopping $37, putting the companyvaluation at nearly
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Read more: Eventbrite’s IPO should encourage tech companies to get out while they still can
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