Fundings and Exits

A who’s who of celebrities, investors and celebrity investors have come together to invest $47 million into Aspiration, the company launched by a former speechwriter for President Bill Clinton to challenge the traditional banking industry. For Andrei Cherny, Aspiration’s founder and chief executive, the company’s business is an inversion of the business model of the
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Affirm, the platform that helps consumers find financing, is getting some financing of its own. The San Francisco-based company confirmed that it’s raising $200 million, led by GIC, a Singaporean sovereign wealth fund. Existing investors Khosla Ventures and Spark Capital are also participating. Affirm’s valuation is estimated to be between $1.5 billion and $2 billion,
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That didn’t toque too long! The Boring Company has now sold 30,000 hats to fund its hole-some mission, founder Elon Musk tweeted today. That’s double the sales Musk announced just three weeks ago. Production will be capped at 50,000 hats, so if the current momentum doesn’t fez out, trilby all gone soon. Over 30,000 hats
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Uber has struck a major deal in Southeast Asia after ComfortDelGro, Singapore’s largest taxi operator, announced [PDF] it has agreed to buy a majority share of the ride-hailing giant’s Singapore-based car rental business. The deal will see a joint venture valued at SG$642 million (US$474 million) established to run Uber’s Lion City Rentals subsidiary in Singapore. Comfort
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On-demand labor marketplaces have been around for decades on the internet. Paying someone to identify a cat using Amazon Mechanical Turk or hiring someone to program a quick website on Upwork is easy — post a job, select someone, pay a few bucks and you’re done. While hiring individuals is reasonably straightforward, building teams to
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PullRequest, a Y Combinator Summer 17 graduate, announced a $2.3 million seed round today led by Google’s new AI fund, Gradient Ventures. The Slack Fund, Fika Ventures, Defy Ventures, Lynett Capital, FundersClub and Joe Montana’s Liquid2 Ventures also participated. The company has been concentrating on providing code review as a service, a task that often gets
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Marketing tech company Zeta Global is making good use of its recent $140 million Series F funding round. After acquiring Boomtrain earlier this year, the company today announced it has acquired Disqus, a service you’re probably familiar with thanks to its ubiquitous online commenting service that powers the commenting sections of sites that range from
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Arianna Huffington wants you to work smarter, not harder. She believes a corporate mentality that rewards burning the midnight oil is actually reducing productivity, by causing burnout. Lack of sleep could be costing the U.S. economy $411 billion per year, it turns out. So last year, the HuffPost founder and Uber board member, launched Thrive Global,
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