Tag: economy

Coinbase hires Fannie Mae exec Brian Brooks as chief legal officer

Coinbase has made yet another addition to its c-suite. The cryptocurrency trading platform has hired Brian Brooks, the former executive vice president, general counsel and corporate secretary of Fannie Mae, as its chief legal officer. The hiring is part of the company’s effort to expand its legal, compliance and government

Zortrax launches a new high-speed, high-resolution printer, the Inkspire

Zortrax has launched a new printer, the Inkspire, that prints using an LCD to create objects in high-quality resin in minutes. The printer – essentially an upgrade to traditional stereolithography (SLA) printers – uses a single frame of light to create layers of 25 microns. Most SLA printers use a

Go-Jek plans to raise $2B more for Southeast Asia ride-hailing battle

Indonesia’s Go-Jek is planning to raise $2 billion from investors to fuel its ride-hailing battle with Grab in Southeast Asia. Go-Jek raised $1.5 billion earlier this year from investors that include Chinese trio Tencent, Meituan and JD.com, as well as Google, Allianz and Singapore sovereign fund Temasek. Now it is

Base10’s debut fund is the largest-ever for a Black-led VC firm

Adeyemi Ajao (above left), the co-founder and managing director of Base10 Partners, was surprised to hear his firm’s $137 million fund was the largest debut to date for a black-led venture capital firm. He and his co-founder — managing director TJ Nahigian (above right) — found out from none other than

This is how much VCs are paid

Venture capital is known for being an opaque industry, so it’s no surprise most of us have no idea what the average VC earns in a year. I got a closer look at the survey results of J. Thelander Consulting‘s annual venture firm compensation survey and, unsurprisingly, VCs make a lot of

Mary Meeker, author of the Internet Trends Report, is leaving Kleiner Perkins

Mary Meeker is leaving Kleiner Perkins to build a new fund and she’s taking the firm’s growth team with her. The news, first reported by Recode and confirmed to TechCrunch, is the latest high-level departure at one of the most prominent Silicon Valley venture capital firms. Joining Meeker in her

3DHubs, once a community 3D printing service, is now sourcing all 3D prints internally

3D Hubs, like MakeXYZ, was a community-based 3D printing service that let anyone with a printer sell their prints online. Founded in the heyday of the 3D printing revolution, the service let thousands of makers gather a little cash for making and mailing prints on their home 3D printers. Now,

Brazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startup

After selling their ridesharing startup, 99, to Didi Chuxing for $1 billion last year, Ariel Lambrecht and Renato Freitas didn’t waste any time throwing their hats back in the ring. Months after their big exit, the pair joined forces with Eduardo Musa, who spent two decades in the bicycle industry, to start

Alibaba’s Ant Financial denies stealing from Equifax

Ant Financial has denied claims that it covertly raided Equifax — the U.S. credit firm that was hit by a hack last year — to grab information, including code, confidential data and documents to help recruit staff for its own credit scoring service. The Alibaba affiliate, which is valued at