Nicholas Statman

Daily Crunch: Zoom acquires security startup Keybase

Zoom acquires some encryption expertise, Uber makes a big investment in scooters and we review the new 13-inch Macbook Pro. Here’s your Daily Crunch for May 7, 2020. 1. Zoom acquires Keybase to get end-to-end encryption expertise Keybase, whose encryption …

Tesla’s newest board member has a long stance against short selling

Tesla has added Hiromichi Mizuno as a new member to its board of directors and audit committee the former chief investment officer of Japan’s $1.5 trillion pension fund and a longtime opponent of common market practices like short selling. With Mizuno’s appo…

Mighty Jaxx raises $3.2 million for MightyVerse, its platform for tech-enabled collectible figures

Mighty Jaxx, which makes licensed collectibles, has raised 4.5 million Singapore dollars (about $3.2 million) in funding for MightyVerse, its platform for tech-enabled figures. Led by the investment arm of KB Financial Group, one of South Koreas largest banks…

Frame AI raises $6.3M Series A to help understand customers across channels

Frame AI, a New York City startup that uses artificial intelligence and machine learning to help companies understand their customers better across multiple channels, announced a $6.3 million Series A investment today. G20 Ventures and Greycroft led the roun…

AcreTrader raises $5M to help people invest in a fruitful asset class: farmland

Carter Malloy thinks that lucrative investments include dirt, some seeds, maintenance, and growth — literally. So, he founded Fayetteville, Arkansas-based AcreTrader, an online farmland investment platform. AcreTrader wants to lower the barrier of farmland o…

Insight closes $9.5B fund to help support portfolio companies through the pandemic crunch

We’re now several weeks into what is has become a very big dip for the global economy due to the coronavirus pandemic, but amidst that, we are seeing are some notable pockets of investment activity emerging that will help shape how the future startup landscap…

Bradley Tusk on starting a company and seed investing in the coronavirus era

Bradley Tusk has carved a unique path in the VC investment landscape: A longtime political and communications operative, he has built a track record for Tusk Ventures by going after highly regulated industries, rather than shying away from them. Whether it i…

To avoid hostile takeovers amid COVID-19, India mandates approvals on Chinese investments

Chinese investors, who have poured about $6 billion into Indian startups in the last two years, will be subjected to strict regulation for their future investments in the worlds second largest internet market. India amended its foreign direct investment poli…

SoftBank terminates $3BN tender offer for WeWork shares

SoftBank Group has pulled a $3 billion tender offer for WeWork shares — citing closing conditions not being met. The investment behemoth had been rumoured to be getting cold feet, when the WSJ reported last month that it was using regulatory investigations a…

Daily Crunch: Amazon announces new warehouse safety steps

Amazon says it will start taking additional steps to ensure the safety of its warehouse workers, SoftBank backs out of its latest WeWork investment and Zoom tries to fix its security issues. Here’s your Daily Crunch for April 2, 2020. 1. Amazon begins runnin…