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☆ Greycroft's Patricof talks why he hopes Trump doesn't go through with his tax and tariff proposals
▼ + stars: | 2024-11-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGreycroft's Patricof talks why he hopes Trump doesn't go through with his tax and tariff proposalsAlan Patricof, Greycroft co-founder & chairman emeritus, joins 'Closing Bell Overtime' to talk the impact of the election on technology.

Persons: Trump, Alan Patricof, Greycroft

☆ This startup for traders raised $30 million from investors including Stanley Druckenmiller and Greg Coffey. Here's how it plans to transform how Wall Street analyzes data.
▼ + stars: | 2024-10-28 | by ( Bianca Chan | ) www.businessinsider.com time to read: +6 min

Reflexivity is a startup cofounded by two former hedge fund traders. AdvertisementA startup looking to transform how investors and traders use data just received funding from some of the biggest names in the hedge fund world. Reflexivity, formerly known as Toggle AI, just raised its $30 million Series B, the startup announced Monday. Interactive Brokers and Greycroft led the round, which included participation from billionaire investor Stanley Druckenmiller and Greg Coffey, the Australian founder of hedge fund Kirkoswald. AdvertisementIt has a valuation between $115 million and $150 million, Szilagyi said.

Persons: —, Greycroft, Stanley Druckenmiller, Greg Coffey, Izzy Englander, Reflexivity, Jan Szilagyi, Szilagyi, George Soros, Giuseppe Sette, Howard, Wells, Szilyagyi, that's Organizations: Service, Interactive, Millennium, Catalyst, P, Business, Druckenmiller's Duquesne Capital Management, Fortress Investment Group, Millennium Management, Soros Fund, London Stock Exchange Group, Federal Reserve Locations: Australian, MUFG, Fargo, Wells Fargo

☆ Venture capital's new reality check: 'A ton of people looking to get out everywhere'
▼ + stars: | 2024-08-09 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +12 min

PitchBook forecast in a May report that venture firms would raise less than $200 billion in 2024, a 48% drop from the industry's peak in 2021. "They may not see any carry dollars for a long time, maybe into full deployment to the next fund," the growth-stage principal said. AdvertisementBut this type of internal competition, including deal theft and sabotage, has always existed, the growth-stage principal added. 'A ton of people looking to get out everywhere'As the market continues to correct itself, more turnover is likely. "I know a ton of people looking to get out everywhere," the growth-stage principal said.

Persons: —, Michael Moritz, Combinator, they're, Will Champagne, it's, Ellis, Rebecca Zisser, VCs, Junior VCs, there's, Champagne, I'm, inbounds, I've Organizations: Service, Business, TechCrunch, Venture, Bay Area, Big Law, Kirkland, Haize Labs, Area, Junior

☆ Sybill raised a $11 million Series A to build an AI assistant for sales reps. Here's an exclusive look at the pitch deck it used.
▼ + stars: | 2024-07-30 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +4 min

AdvertisementSybill helps sales reps by recording every sales call and generating transcriptions and summaries for future reference. By consolidating information from these interactions, Sybill helps sales reps gain a clearer understanding of the customers' budget, stakeholders, and timeline. With Sybill, sales reps can automatically sync information, providing sales leaders with real-time visibility into deals. AdvertisementOther AI sales tools include Gong, an AI-powered revenue intelligence platform that raised $582.9 million, according to PitchBook. The company helps sales leaders forecast revenue and improve team productivity, targeting enterprise customers like ADP and Snowflake.

Persons: —, Gorish Aggarwal, Aggarwal, Nishit Asnani, Soumyarka Mondal, Mehak, salespeople, Sybill, They're, Slack, Gong Organizations: Service, Stanford, Business, Greycroft Capital, Neotribe Ventures, Powerhouse Ventures, Enterprise, Balto Software Locations: Salesforce, Avoma, Sybill

This week, the 28-year-old venture capital firm debuted a new pair of funds totaling $2.3 billion, a substantial sum during an abysmal time for the industry's fundraising efforts. The European-born firm is structured in a way that investors across continents invest out of the same funds. The new funds include $800 million to invest at the early stage and $1.5 billion to invest in growth. Those figures are slightly down from the firm's last fundraise, when it collected $900 million for an early-stage fund and $2 billion for a growth fund. That year, Index saw seven portfolio companies go public at a market cap of more than $1 billion, including Roblox and Robinhood.

Persons: —, Nina Achadjian, Sofia Dolfe, Ishani Thakur, Vlad Loktev, Erin Price, Wright, Andreessen, Mark Goldberg, He's, Ethan Kurzweil, Kristina Shen, Mike Volpi, Greycroft Organizations: Service, Ventures, Business, San, Labs, Bessemer Venture Partners, Menlo Ventures Locations: San, West Coast, San Francisco, Index's London, New York, London, Europe

☆ A startup is using AI to place products within YouTube and TikTok videos, creating a new type of ad for brands and creators
▼ + stars: | 2024-04-09 | by ( Amanda Perelli | Lauren Johnson | ) www.businessinsider.com time to read: +6 min

Read previewIn an October YouTube video, lifestyle creator Shelby Church talks about quitting Airbnb. This new ad structure that's being incorporated into YouTube and TikTok videos could help generate passive revenue for creators. That's similar to the model for Google's AdSense program for the standard ads that air during a YouTube video. In creator videos, product placement has mainly appeared in the background of show-like setups, like video podcasts. Rembrand's AI tool creates and places the adRembrand aims to use AI to make product placement easier for brands and creators.

Persons: —, Shelby, seltzer, doesn't, Cory Treffiletti, Rembrand, Charles Schwab, Garnier, Treffiletti, We've, We're, we're Organizations: Service, Shelby Church, YouTube, Business, Bubly, UTA Ventures, United Talent Agency, Adobe Locations: Airbnb, Greycroft

☆ Fijoya is bringing AI to employer-sponsored healthcare benefits. Here's the pitch deck it used to raise $8.3 million.
▼ + stars: | 2024-03-07 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

Digital health benefits startup Fijoya just came out of stealth and announced an $8.3 million seed round from Team8, the Israeli venture group that creates startups and invests in existing ones across the cyber, data infrastructure, fintech, digital health, and AI industries. As Americans are spending more than ever on healthcare, Fijoya is one of many healthtech startups cropping up to tackle the financial aspects of healthcare. Now, out of stealth, Fijoya is focusing on giving employees an easier way to choose healthcare benefits that best suit their lifestyles. "This end-to-end approach signifies our commitment to simplify health benefits by offering a wide range of options with a seamless discovery, selection, and payment process.'" Check out the 15-slide pitch deck Fijoya used to raise its seed funding round.

Persons: Team8, Baruch Levy, Levy Organizations: Business, Health, Lightspeed Venture Partners, Norwest Venture Partners Locations: Team8, Israel

☆ Latino-focused media company Sonoro wants to be the next 'IP machine' like Warner Bros. TV. Here are its expansion plans and the pitch deck it used to get investment.
▼ + stars: | 2024-02-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +1 min

Latino-focused media company Sonoro has raised $12.5 million from Lerer Hippeau, Greycroft, and others. Its pitch deck shows how it turns podcasts into TV and film for Netflix and others. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Latino-focused media company Sonoro has raised $12.5 million from Lerer Hippeau, Greycroft, and others to turn audio content for English and Spanish speakers into film and TV.

Persons: Sonoro, —, it's, Josh Weinstein, Camila Victoriano, Gerónimo, Weinstein Organizations: Netflix, Service, Universal Pictures, Business Locations: Mexico, Ulta

☆ Veteran Apple investor Alan Patricof says AI is the 'flavor of the month'
▼ + stars: | 2023-10-06 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

Venture capitalist Alan Patricof has a cautionary message about an AI bubble. "Everyone wants to be at an AI company — it's the flavor of the month," Patricof told the New York Post. Patricof recommends investing in companies utilizing AI as a tool, rather than buying AI platforms. AdvertisementAdvertisementAlan Patricof, the venture capitalist known for his investments in Apple and Venmo, has a cautionary message about an AI bubble. "Everyone wants to be at an AI company — it's the flavor of the month," said Patricof during a Thursday interview with the New York Post.

Persons: Alan Patricof, —, Patricof, Mostaque, David Rosenberg, James Penny, Wharton, Jeremy Siegel, Dan Raju, Raju Organizations: New York, Patricof, Service, Apple, Apax Partners, AOL, TAM Asset Management

☆ Underwear brand Parade strikes a deal to be acquired by lingerie manufacturer, CEO Cami Téllez confirms
▼ + stars: | 2023-08-15 | by ( Melkorka Licea | ) www.businessinsider.com time to read: +4 min

Gen Z underwear brand Parade has been sold to lingerie manufacturer Ariela & Associates International. Founder and CEO Cami Téllez told staffers via Slack that she might be forced to leave the company. The Gen Z-favorite underwear startup Parade struck a deal to be acquired by the lingerie manufacturer Ariela & Associates International on Monday afternoon, Cami Téllez, the company's cofounder and CEO, told Insider. In the message, Parade employees were informed that meetings with AAI associates would be placed on their calendars so the team could better understand how their roles functioned. In March, Parade inked a deal with Target to be sold in nearly 400 of its stores nationwide.

Persons: Cami Téllez, Slack, Téllez, Jack DeFuria, Friday's Slack, Ariela Esquenazi Organizations: Ariela, Associates International, Associates, AAI, Columbia University, cofound, AAi, Stripes, Greycroft Partners, Target

☆ Pinterest's Amazon partnership will help the shopping experience, says Greycroft's Kamran Ansari
▼ + stars: | 2023-08-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPinterest's Amazon partnership will help the shopping experience, says Greycroft's Kamran AnsariKamran Ansari, Greycroft principal and venture partner, joins 'Squawk Box' to discuss social media's earnings so far, the challenges facing Pinterest after reporting better than expected Q2 results but expenses growing faster than revenue, and more.

Persons: Greycroft's Kamran Ansari Kamran Ansari

☆ Greycroft co-founder praises Coke for carbon footprint reduction efforts
▼ + stars: | 2023-07-14 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGreycroft co-founder praises Coke for carbon footprint reduction effortsDana Settle, Greycroft co-founder and managing partner, joins ‘Squawk on the Street’ to discuss how their VC firm will manage Greycroft Coca-Cola System Sustainability Fund and more.

Persons: Coke, Dana Settle, Greycroft, Squawk Organizations: Sustainability Fund

☆ Will Smith-backed U.S. broker Public launches in the UK in first foray overseas
▼ + stars: | 2023-07-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Gabby Jones | Bloomberg | Getty ImagesAmerican stock brokerage startup Public launched its services in the U.K. Thursday, marking its first international expansion its launch in 2017. The app, backed by celebrities including Will Smith and skateboarding legend Tony Hawk, will offer U.K. users commission-free trading in over 5,000 U.S.-listed stocks during the country's regular trading hours. Bibas said that, for now, the U.K. is the only country Public is focusing on for its international expansion. In the future, it hopes to take learnings from its U.K. launch to open in other European markets. Freetrade, the U.K. brokerage startup, slashed its valuation by a whopping 65% last month to £225m in a crowdfunding round, citing a "different market environment."

Persons: Gabby Jones, Will Smith, Tony Hawk, AJ Bell, Hargreaves Lansdown, Leif Abraham, Public's, Abraham, Jannick Malling, PFOF, Dann Bibas, Bibas, he's Organizations: Bloomberg, Getty, Public, CNBC, Jannick, GameStop, Citadel Securities, European Union, Khepri Advisers, Financial, Authority, Accel, Tiger Global Locations: U.S, Abraham, Denmark, Germany, New York, Copenhagen, London, Amsterdam, Covid

☆ This 44-year-old founder and CEO is stepping down to go on a 3-year religious mission. 'I feel such confidence that this is the right thing.'
▼ + stars: | 2023-04-30 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +11 min

Davis Smith founded Cotopaxi, an outdoor gear company and certified B Corporation, in 2014. In July, he will step down as CEO to go on a 3-year religious mission in Brazil. Damien Huang, Cotopaxi's president who joined the company from Eddie Bauer, where he was CEO, will move into the role. "But I feel such confidence that this is the right thing." And we don't do that by isolating ourselves or saying, "We're better than you," or "You're not doing it right."

☆ Fintech Public just partnered with Chris Evans' civic-engagement company to help retail investors get better informed on public policy
▼ + stars: | 2023-04-11 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

Investing app Public is partnering with civic-engagement company A Starting Point. A Starting Point was cofounded by Chris Evans, Mark Kassen, and Joe Kiani. The partnership offers Public's retail investors educational content produced by A Starting Point. Fintech Public wants its users to be better informed about public policy, and it's partnering with Captain America for the job. The series is aimed to educate retail investors by offering policy news briefs, fiscal and monetary policy explainers, and interviews with lawmakers.

☆ Here's a look at 14 fintech startups that are tackling healthcare's money problems
▼ + stars: | 2023-02-13 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +2 min

A new wave of startups are tackling financial issues within the healthcare space. Here are 14 fintech-healthtech startups that have raised money from VCs. "If you're thinking about building fintech that really helps the average consumer, a big piece of the wallet is healthcare spend," she told Insider in an interview. From the employee-benefits platform Budgie to the wellness credit card Ness, Insider has compiled a list of startups building at the intersection of fintech and healthtech. Check out Insider's list of 14 startups at the intersection of fintech and healthtech.

☆ These are 10 of the hottest fashion brands that tech founders and investors are wearing again as people head back to the office
▼ + stars: | 2023-02-11 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

ArgentArgent is a work wear brand that specializes in women's suits and has dressed politicians like Kamala Harris and Nancy Pelosi. ArgentArgent specializes in women's suits. In recent years, the startup has dressed politicians like Kamala Harris and Nancy Pelosi, actresses like Amy Poehler, and even former royalty like Meghan Markle. The brand also received investment from Peter Thiel's venture capital fund, Founders Fund. Price Range: $$$ (3 out of 4) (based on approximate prices: blazers range between $300-$600; pants $200-$300)

☆ Check out the 10-page pitch deck a new adtech startup used to raise $8 million to help influencers and film studios power product placement with AI
▼ + stars: | 2023-02-07 | by ( Ryan Joe | ) www.businessinsider.com time to read: +3 min

The new adtech company Rembrand uses AI to digitally place products in videos. Product placement is a fast-growing part of the marketing landscape, with spend estimated at $26.2 billion in 2022. The first is through an ad network for product placement in influencer videos. Advertisers will run a product placement campaign and Rembrand's technology will place that product in influencer videos across its network. The $8 million Rembrand raised will provide it with about two years of runway, Tawakol said.

☆ We got an exclusive look at the pitch deck Y Combinator alum Howdy, a workplace hiring startup, used to raise $18 million
▼ + stars: | 2023-01-12 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +2 min

Howdy is a workplace staffing startup that matches developers in Latin America with jobs in the US. Now, the company has raised a total of $18 million for its Series A round and extension. Howdy also offers mentorship services for its developers to help bridge any cultural gap they may have at their new workplace. Greycroft also participated in the round, Samira told Insider. Check out the 31-slide pitch deck that Howdy used to raise $18 million:

☆ Medly files for bankruptcy as the once-hot pharmacy startup crumbles under mounting losses
▼ + stars: | 2022-12-10 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +2 min

Medly filed for Chapter 11 bankruptcy protection on Friday. The company has been tumbling since August, when it laid off over half its staff and closed 24 stores. Pharmacy startup Medly filed for bankruptcy on Friday after mounting losses caught up to the company that once sought to disrupt pharmacy giants like CVS and Walgreens. Medly filed for chapter 11 bankruptcy protection in US Bankruptcy Court in Delaware. Medly did not respond to Insider's request for comment about the filings.

☆ Medly set out to disrupt the pharmacy industry. Instead it burned through money and laid off more than half its staff as its business crumbled, leaving patients in the dark.
▼ + stars: | 2022-11-29 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +16 min

Medly, a pharmacy startup that took off in the pandemic, laid off over half its staff in August. Natalia Rzeszutek first started using Medly three years ago, relying on the pharmacy startup to deliver her medications for epilepsy. Unbeknownst to her, many other patients, and its own employees, Medly had been approaching this collapse for months. But behind the scenes, the pharmacy startup was on the brink of imploding. Many said they'd repeatedly called their local Medly pharmacy to get their prescriptions filled but never received a response.

☆ Tiger Global-backed unicorn trading app Public.com set to expand into the European market in 2023 and make acquisitions
▼ + stars: | 2022-11-03 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

New York-based trading app Public.com is set to launch in the European market in 2023. The startup, which is valued at $1.2 billion, is backed by Tiger Global and a string of celebrities. Public's shift into the European market comes as talks to acquire Dutch counterpart Bux collapsed. Public.com, a US trading app backed by Tiger Global and a string of high-profile celebrities, is set to enter into the European market next year. The move comes as talks to acquire European counterpart Bux collapsed, a source familiar with the matter said.

☆ See the pitch deck this startup used to raise $7.9 million to help homeowners find contractors for routine maintenance
▼ + stars: | 2022-11-02 | by ( Robert Davis | ) www.businessinsider.com time to read: +2 min

The home-maintenance startup Humming Homes has raised $7.9 million in seed funding. Its CEO walked Insider through a pitch deck that won over Thrive Capital and other investors. Humming Homes, which launched a tech-enabled platform in October 2020, aims to solve that problem by creating personalized, seasonal maintenance programs for homeowners for as little as $250 a month. Humming Homes operates in markets such as Florida, New York, and Connecticut. Mallick walked Insider through the pitch deck that helped Humming Homes secure its funding.

☆ Public.com, an investing app backed by Will Smith and Maria Sharapova, is in talks to acquire Dutch trading startup Bux
▼ + stars: | 2022-09-28 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +3 min

Investing app Public.com is in talks to acquire Dutch trading startup Bux, sources say. Bux was valued at an estimated $320 million to $480 million in 2021, but the expected deal price is lower. Investing app Public.com is in talks to acquire Dutch stock trading startup Bux, according to two sources with knowledge of the discussions. New York-based Public has been in active talks with Bux for two months, the sources said. Bux has never stated its valuation but was valued between $320 million and $480 million at its 2021 funding round, according to Dealroom estimates.

☆ NYC Mayor Eric Adams asks tech executives at private dinner to keep companies in the city
▼ + stars: | 2022-09-16 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

At a private dinner Wednesday at New York's swanky Le Pavillon, New York City Mayor Eric Adams called on tech executives to keep their companies in the city, even as industry leaders raise concerns to city officials of soaring rents and an increase in violent crime. He told the more than two dozen tech leaders: "New York City needs and wants technology companies," another attendee said, adding that city officials want tech companies to "help grow the economy of this city." Adams' spokesman Fabien Levy confirmed the mayor spoke to the tech executives, but said, "Mayor Adams wasn't there for dinner." "While we don't discuss private conversations, Mayor Adams always welcomes and encourages businesses to come to NYC," Levy said in an email. Conway said in an interview, noting that it's important for tech leaders and companies to be civically engaged.

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