QED incubated this auto financing company in 2016 and Kevin Bennett became CEO in 2018 and soon after raised its first seed round. It started as MotoRefi, and rebranded in November 2021 to Caribou. But the mission remains: Transforming consumers’ financial relationship with their cars. Since the founding, Bennett has raised $74 million for the…
Just over a year ago, UiPath was among the most favored startups in the world. Last February the company raised a massive $750 million round at a staggering $35 billion valuation. The robotic process automation, or RPA company, was firing on all cylinders. By the time that UiPath went public in April of last year,…
Welcome to the inaugural edition of The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the…
Hi! I’m Greg Kumparak. I’ll be heading up Week in Review for the foreseeable future, with your former host Lucas Matney diving into cryptoland with the launch of a newsletter and podcast called Chain Reaction. He’s not going too far, and I’m sure he’ll stop back in from time to time. If my name seems…
Hi! I’m Greg Kumparak. I’ll be heading up Week in Review for the foreseeable future, with your former host Lucas Matney diving into cryptoland with the launch of a newsletter and podcast called Chain Reaction. He’s not going too far, and I’m sure he’ll stop back in from time to time. If my name seems…
Hi! I’m Greg Kumparak. I’ll be heading up Week in Review for the foreseeable future, with your former host Lucas Matney diving into cryptoland with the launch of a newsletter and podcast called Chain Reaction. He’s not going too far, and I’m sure he’ll stop back in from time to time. If my name seems…
BNPL is not a new concept; it’s just taken off in recent years and become far more mainstream. Buy now, pay later lets people do exactly what its name suggests — buy something and pay for it later. The difference between BNPL and credit cards is that rather than charge the full amount of a…
Union Square Ventures (USV), the 19-year-old, New York-based venture firm, has raised $275 million for its eighth early-stage fund and $350 million for its fourth opportunity fund, the firm announced in a blog post yesterday. In sharing news of the two new vehicles, firm partner Andy Weissman and the firm’s general counsel, Samson Mesele, wrote that USV plans to “invest…
Union Square Ventures (USV), the 19-year-old, New York-based venture firm, has raised $275 million for its eighth early-stage fund and $350 million for its fourth opportunity fund, the firm announced in a blog post yesterday. In sharing news of the two new vehicles, firm partner Andy Weissman and the firm’s general counsel, Samson Mesele, wrote that USV plans to “invest…
Hey everyone, and welcome back to Chain Reaction In our Chain Reaction podcast this week, Anita and I chatted with Sequoia Capital’s Shaun Maguire on why gamers are skeptical of NFTs and where decentralization really matters. More details below. Last week was our inaugural newsletter and we chatted at length about the changes Twitter could…
