Fisker is just a few days into its Chapter 11 bankruptcy, and the fight over its assets is already charged, with one lawyer claiming the startup has been […]
Fisker faced financial distress as early as last August
Fisker was facing “potential financial distress” as early as last August, according to a new filing in its Chapter 11 bankruptcy proceeding, which the EV startup initiated earlier […]
Internal SpaceX documents show the sweet stock deals offered to investors like a16z, Gigafund
Like many highly valued startups, SpaceX sometimes allows its employees to cash out some of their shares by selling to company-authorized outside investors. TechCrunch has gotten a peek […]
Startups Weekly: Drama at Techstars. Drama in AI. Drama everywhere.
Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every […]
Teen fintech Copper had to emergency discontinue its banking, debit products
Another fintech startup, and its customers, has been gravely impacted by the implosion of banking-as-a-service startup Synapse. Copper Banking, a digital banking service aimed at teens, notified its […]
There’s a real appetite for a fintech alternative to QuickBooks
Welcome to TechCrunch Fintech! This week, we’re looking at the continued fallout from Synapse’s bankruptcy, how Layer wants to disrupt SMB accounting, and much more! To get a […]
A US trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’
The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after the United States Trustee filed an emergency motion on Wednesday. The trustee […]
Newchip, Techstars, and what happens when startup accelerators fail
Building a startup is hard. Building a company that helps startup is similarly difficult. That’s the takeaway from TechCrunch reporting on Techstars and Newchip. In the case of […]
They thought they were joining an accelerator — instead they lost their startups
Lacey Hunter thought all was well as she put her startup through the three-month Newchip accelerator. Then the organization filed for bankruptcy in May 2023. Things went from […]
Kids’ clothing and gear is more expensive than ever. Kidsy has a sustainable solution for discounts
All parents know that raising kids is expensive. Especially in those early years when they quickly outgrow clothes or toys leaving parents on a never-ending cycle of buying […]