Forerunner’s long game: As startups stall before IPO, all options are on the table

Thirteen years ago, Forerunner Ventures began helping to usher in a new era of consumer startups, including Warby Parker, Bonobos, and Glossier. None has gone through a traditional IPO process. Warby Parker was taken public through a special purpose acquisition vehicle. Bonobos was acquired by Walmart. Glossier is still privately held, along with many other […]

Tesla used car listings skyrocketed in March

A growing number of Tesla owners are putting their used vehicles up for sale, as consumers react to Elon Musk’s political activities and the global protests they have fueled. In March, the number of used Tesla vehicles listed for sale on Autotrader.com skyrocketed, Sherwood News reported, citing data from Autotrader parent company Cox Automotive. The […]

Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets

EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona factory and other assets, according a late Thursday night court filing. Lucid committed around $30 million in cash and non-cash considerations in exchange for the factory, Nikola’s lease on its Phoenix headquarters, and “certain machinery, […]

Leaders from Accel and Paladin Capital Group join the stage at StrictlyVC London in May

Mark your calendar — StrictlyVC London is just around the corner on 13 May. Designed for founders, entrepreneurs, and investors, this exclusive gathering promises deep VC insight and high-value connections. We’re thrilled to welcome our first pair of confirmed speakers: Nazo Moosa, managing director of Paladin Capital Group, and Sonali De Rycker, partner of Accel […]

How a hydrogen explosion led a teenage founder to become Sequoia’s first defense tech investment

As Sequoia Capital’s first defense tech investment, Mach Industries is an industry darling, raising over $80 million since its founding in 2023. Its founder, Ethan Thornton, now 21, began Mach as a teenage MIT student before dropping out to focus full-time on his startup. But a few months before landing a seed investment from Sequoia […]

Wayve’s self-driving tech is headed to Nissan vehicles

Nissan said it will use self-driving software developed by Wayve to beef up its advanced driver assistance system starting in 2027, a landmark deal for the buzzy UK startup that has raised more than $1.3 billion from Nvidia, Microsoft, SoftBank Group, and Uber.  Nissan will integrate Wayve’s software as well as sensors, including lidar from an undisclosed […]