Ramp raises another $150 million co-led by Khosla, Founders Fund at a $7.65B valuation

Spend management startup Ramp has raised another $150 million at a valuation of $7.65 billion, the company confirmed to TechCrunch today. Khosla Ventures and Founders Fund co-led the raise, which also included participation from new backers Sequoia Capital, Greylock and 8VC. Existing investors Thrive Capital, General Catalyst, Sands Capital, D1 Capital, Lux Capital, Iconiq Capital,…

How Low Could Stocks Go?

The S&P 500 (SPY) is starting to test key support levels for the first time since November 2023 given continuing signs that Fed rate cuts are getting pushed further and further into the future. This begs the question of “how low could stocks go?” 44 year investment veteran Steve Reitmeister does his level best to…