Author: pekandesigns

B Capital Group, formed in 2015 by Facebook co-founder Eduardo Saverin and Raj Ganguly, formerly of Bain Capital, has been quietly building its business since closing its first fund with $360 million in capital commitments, anchored by the management consulting giant Boston Consulting Group. Already the firm, which is investing out of its second $410 […]

Four senators, including Ted Cruz (R-TX), have asserted that, as a consequence of sanctions placed on Iran, Twitter must cease providing its services to Ayatollah Khamenei and other leaders in the country. “The Ayatollah enjoys zero protection from the United States Bill of Rights,” he wrote in a letter to the company. Although the move […]

Fredrick Lee Contributor Share on Twitter Fredrick “Flee” Lee is chief information security officer at Gusto, the people platform for 100,000 small businesses nationwide. He previously led security at Square after holding senior security roles at Bank of America, Twilio and NetSuite. When the California Consumer Privacy Act (CCPA) rolled out on January 1st, many […]

With Casper’s public offering earlier this week, we’ve closed the book on the first two venture-backed IPOs of note in 2020. Casper, joined by One Medical, carried over $870 million of private capital, venture and otherwise, across the finish line. Even though each IPO featured an unprofitable tech-enabled business that had posted sub-30% growth and […]

Marc Gilman Contributor Share on Twitter Marc Gilman is general counsel and VP of compliance at Theta Lake. He is also an adjunct professor at Fordham University School of Law. More posts by this contributor The startups creating the future of RegTech and financial services The expanding scope of fintech has been well documented in […]

The American Civil Liberties Union plans to fight newly revealed practices by the Department of Homeland Security which used commercially available cell phone location data to track suspected illegal immigrants. “DHS should not be accessing our location information without a warrant, regardless whether they obtain it by paying or for free. The failure to get […]

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday Uber reported its Q4 2019 financial performance. Today, following the news, shares of the ride-hailing giant are up over 9%, pushing Uber’s stock above $40 per share. While Uber’s shares are still under its […]

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Netflix’s horrible autoplay previews can be turned off Netflix’s autoplay trailers are now optional. That’s it. That’s the news. And here’s […]

A startup called Our.News is working to make its users smarter consumers of the news. In other words, it’s confronting some big, seemingly intractable problems. For one thing, there’s a tremendous amount of disinformation online — as Our.News founder and CEO Richard Zack put it, “Unfortunately, you have thousands of people all over the world […]

Meet AssoConnect, a French startup that is building a software-as-a-service application to give you all the tools you need to manage your nonprofit organization (association in French). The company just raised a $7.7 million (€7 million) funding round with XAnge and ISAI leading the round. Various business angels, such as Nicolas Macquin, Rodolphe Carle, Michaël […]