Skip to content

Category: TC

Houzz raises a huge $400M round at a $4B valuation

 If you ask investors in Silicon Valley about Houzz — an app where you browse ridiculously nice homes and check out interesting interior design ideas — they’ll probably quietly mutter that they’re just growing their business. We really don’t hear about Houzz’s business that often. Except now the company says it has raised $400 million led by Iconiq Capital,… Read More Comments closed

Binary Capital reportedly delays closing new fund amid controversy

 In the wake of allegations of sexual harassment and the resignation of Binary Capital co-founder Justin Caldbeck, the firm has delayed closing its second fund, Axios reports. Caldbeck issued a statement saying he would take an indefinite leave of absence after multiple women in the tech industry alleged they faced unwanted and inappropriate advances from him. The Information first reported… Read More Comments closed

Headstart wants to better analyze candidates to fit them with the best jobs

 Nicholas Shekerdemian has a pretty typical startup story: he dropped out of college, met up with a technical co-founder and then ended up starting a company. But Shekerdemian, who at the time was helping match English teachers with Chinese citizens, wanted to start a company that would solve his own problem: actually getting a job at a cookie cutter company where everyone else applies. So… Read More
Comments closed

Tumblr says it fixed the ‘Safe Mode’ glitch that hid innocent posts, including LGBTQ+ content

 Tumblr this week introduced a “safe mode” for its service, which combines the company’s previously available “safe search” functionality with a new filter that would hide “sensitive” content from the site’s main Dashboard, using an overlay. However, Tumblr quickly came under fire for hiding “sensitive” content that was anything but… Read More
Comments closed

Coinbase is reimbursing losses caused by the Ethereum flash crash

 Earlier this week, GDAX, the digital currency exchange run by Coinbase experienced a flash crash in its USD – Ethereum market. Within seconds the price of ETH crashed from ~$320 to as low as $0.10. While the price recovered quickly, the rapid price movement caused many traders to experience margin calls or stop loss orders, resulting in potentially severe losses. While many initially… Read More
Comments closed
%d bloggers like this: