Articles from www.newcomer.co

Articles from www.newcomer.co

A look at the farcical situation at Bolt as it insists in a letter that Silverbear is on the hook to invest $200M; Source: Bolt lost $310M on $27M 2023 revenue (www.newcomer.co)
29 days ago

Source: at the end of March, Bolt's annualized run rate was $28M in revenue and $7M in gross profit, making a funding round at a $14B valuation hard to believe (www.newcomer.co)
2024-8-21

As regulators constantly and unreasonably block acquisitions, Microsoft is pioneering the non-acquisition acquisition with its OpenAI and Inflection deals (www.newcomer.co)
2024-3-23 Microsoft

Together AI, which helps pre-train and fine-tune open source foundation models more efficiently, raised a $102.5M Series A led by Kleiner Perkins (www.newcomer.co)
2023-11-30 AI

Despite a generative AI funding mania, data shows that other startup funding remains bleak, with valuations down and few IPOs, deals, and late-stage rounds (www.newcomer.co)
2023-7-16 IPO Startup AI

Poolside, co-founded by ex-GitHub CTO Jason Warner to build a “subsystem” for AI services like GitHub's Copilot and Replit's Ghostwriter, raised a $26M seed (www.newcomer.co)
2023-5-25 AI GitHub

Sources: Stripe is raising $6B at a $50B valuation from Thrive Capital, General Catalyst, a16z, and Founders Fund, plus Goldman Sachs' private wealth clients (www.newcomer.co)
2023-3-8 Goldman

Analysis: Series B valuations fell 50% from a $250M median in Q1 2022 to a $125M median in Q4 2022; Q4 2022's VC activity by volume resembled that of Q2 2020 (www.newcomer.co)
2023-1-19 4Q

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