The Equity podcast crew is wrapping up another eventful week, with real estate, AI agents, gambling and secondary markets — which are, of course, a form of legalized gambling. Mary Ann Azevedo, Becca Szkutak and Devin Coldewey started off this...
The SMB-focused bookkeeping, accounting and finance startup Finally has raised $50 million in a Series B round of funding and secured a $150 million credit line, TechCrunch is the first to report. The financing comes just seven months after the...
I recently adopted a kitten from a local animal shelter. The modern, well-staffed three-story facility relies almost entirely on donations to operate. It’s just one of the 1.8 million nonprofits in the U.S. that need to continually solicit...
Heavy equipment maker Caterpillar is making changes after reviewing its diversity, equity and inclusion (DEI) policies amid mounting scrutiny of such initiatives at corporations around the country.
Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, three years after the EV maker vowed the philanthropy would receive 1% of its equity to make the “natural world” a “stakeholder in our success.” The company...
Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, three years after the EV maker vowed the philanthropy would receive 1% of its equity to make the “natural world” a “stakeholder in our success.” Rivian...
According to the FT, the FBI is now poking around nine-year-old Hone Capital, a Palo Alto, Ca.-based venture firm funded by a Chinese private equity firm, to determine whether some of its capital came from the Chinese government — and if it shared...
Following the abrupt departure of OpenAI’s CTO, Mira Murati, CEO Sam Altman is reportedly poised to receive equity in the company for the first time as OpenAI moves away from its longstanding nonprofit structure. Reuters, citing people familiar...
The Manhattan office market continues to surprise with unexpected new leases and expansions – and now, a most unlikely relocation that nobody saw coming. Bridgewater Associates, the world’s largest hedge fund manager, has inked a deal to open...
The HVAC industry is going through a transformation. The old guard of tradespeople are on the cusp of retiring while private equity firms are consolidating the industry. Airship is building a software solution for HVAC’s next chapter. Airship is...
The new CEO of MariaDB (Plc) says he wants closer-knit collaboration with the foundation behind the eponymous open source database project. He cites the corporation’s newfound stability from its recent acquisition by a private equity firm as to why...
Elias Torres has achieved a lot for somebody who immigrated to the US from Nicaragua at 17 without knowing any English. He served as a VP of engineering at HubSpot before co-founding Drift, a company that sold to Vista Equity for about $1.2 billion...