Morning Markets: An anecdote from WeWork India’s operations as we watch its domestic business eye layoffs to curtail costs. It’s an open question whether the We Company’s pulled public offering will chill the domestic IPO market. But the failed transaction is having an impact on
Chinese bitcoin hardware company Canaan Creative is aiming to raise $400 million in an initial public offering, according to paperwork filed with the Securities and Exchange Commission. Canaan makes application-specific integrated circuits, hardware often used for bitcoin mining or artificial intelligence applications. The company claims
Edison Partners, a Princeton, N.J.-based growth equity investment firm, has named Kelly Ford as its newest general partner. As we all know, female partners at VC firms are uncommon. This fact alone prompted us to dive a little deeper into Ford’s career and explore the
It’s clear that work authorization for international talent in the United States is getting increasingly harder in the Trump administration. Tech startups are facing hiring challenges, and the entrepreneurs within them are left in flux as documentation and fees are added atop meetings and work
A majority of the most valuable public U.S. technology companies have an immigrant as founder or chief executive. But does that still hold true for the current generation of high-valuation startups? To answer that question, Crunchbase took a look at founders and CEOs across several
The U.S. restaurant industry has had to make rapid and difficult shifts in recent weeks, with patrons in most metro areas having to forego dine-in and turn to takeout service. Like the eateries they work with, restaurant service providers are making rapid business model pivots
St. Louis-based telehealth startup SteadyMD has raised $6 million in a Series A round, the company announced Thursday. SteadyMD matches patients with doctors who practice primary care, pediatrics and functional medicine, according to a statement from the company. Patients are able to form long-term relationships
Insight Partners announced this morning the final close of a massive $9.5 billion growth equity fund, dubbed Fund XI, its largest to date. Subscribe to the Crunchbase Daily The New York-based firm said it will use the money to continue to invest in “high potential