gamestop
Volition’s Larry Cheng on trying to raise a fund right now: ‘All of the LPs felt more constrained’
Last month, Volition Capital, a 13-year-old, 30-person Boston-based growth equity firm, announced it has closed its fifth fund with $675 million in capital commitments, bringing its total assets under management…
Welcome back to Chain Reaction. Last week, we looked at web3 without Web 2.0’s winners. This week, we’re looking at a crossover episode for meme…
Everyone’s favorite 2020 meme stock is back in the news, and this time it’s flexing on crypto industry incumbent Coinbase. GameStop, which largely operates brick-and-mortar…
The House Committee on Financial Services released a report late last week offering a harrowing glimpse inside Robinhood during the frenzy around Gamestop stock early last year. The stock trading…
The crypto gaming industry is continuing to grow in popularity as more capital is deployed in the space and traditional Web 2.0 gaming studios look to enter the web3 market.…
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Reggie Fils-Aimé talks web3, AR and his gaming SPAC
In February 2019, Reggie Fils-Aimé announced that he would be leaving Nintendo after 16 years — 13 of which were spent as the president and COO of the company’s North American division. It was a fruitful run, filled with more ups (Wii, Switch) than downs (Wii U) during a time…
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Cheugiest tech moments of 2021
Technology has come a long way in 2021. There are widespread mRNA vaccines! An asteroid-deflecting space mission! A very powerful laptop with a very controversial notch! But it’s unfortunately easier to think about the cringiest moments of the year than it is to remember times when we marveled at indoor farming…
In August, Reddit raked in a hefty $410 million financing led by Fidelity, valuing it at $10 billion. It had plans to close out the round, a Series F, at…
None of this makes sense. Even by the standards of 2021 and the SPAC era, this is all very stupid.
As investors look to diversify their holding amid exceptionally top-heavy traditional asset markets, more tech-enabled platforms are popping up to make the case for their alternative investment platform of choice.…
Robinhood announced Tuesday that it will be bringing “24/7” phone support to its 31 million users. It’s a long-overdue move for the stock and crypto trading company founded in 2013,…
The wild swing in the price of Robinhood today appears from our vantage point to be another stonk moment.
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How Robinhood’s explosive growth rate came to be
Where does all that revenue come from?
Back in December last year Injective Protocol launched the testnet for its DeFi protocols for cross-chain derivatives trading, with backing from giant crypto exchange Binance. It has now raised $10…
Hello friends, and welcome back to Week in Review! Last week, I talked about Clubhouse’s slowing user growth. Well, this week news broke that they had been in talks with…
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The Cult of CryptoPunks
Last month, hours before news of Beeple’s $69 million NFT sale grabbed the front pages of newspapers across the country, a pair of 24 x 24 pixel portraits of aliens wearing little hats sold separately for around $7.5 million each. The sales, which occurred within 20 hours of each other,…
Multi-asset investing and trading platform and Robinhood competitor eToro announced Tuesday it will go public via a merger with SPAC FinTech Acquisition Corp. V in a massive $10.4 billion deal.…
Algorithms are powerful and automated, but they cannot yet manage everything on their own.
Alexa von Tobel has always felt strongly that too many people are shut out of the stock market. She felt this as a 23-year-old who didn’t have $5,000 to open…
Reddit has raised a new funding round, totaling $250 million. This is the company’s Series E round of financing, and it comes hot on the heels of renewed public attention…
Trades in the infamous Reddit-basket of stocks and trades are taking a pounding today, with GameStop down 52.7%, AMC Entertainment off 42.7%, the silver-squeeze flopping and more. CNBC has a…
The GameStop debacle has been hailed by many as a first of its kind form of digital activism, with the “crowd” coming together to stick it to Wall Street, and…
Hello friends, this is Week in Review. Last week, I dove into the AR maneuverings of Apple and Facebook and what that means for the future of the web. This…
This Week in Apps: GameStop madness hits trading apps, Apple privacy changes, Clubhouse becomes a unicorn
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with…
Robinhood has detailed its latest step in the complex quagmire of market manipulation that is this week’s GameStop hedge fund Reddit army debacle. Users will for the present be limited…
SEC issues statement on past week’s turbulent market activity prompted by Reddit-fueled GameStop run
The U.S. Securities and Exchange Commission (SEC) has issued an official statement on the tumult of the past week in the public stock market. It’s a relatively brief statement and…
After a turbulent week for the stock market and halts to the trading of certain speculative securities including GameStop (GME) and AMC, consumer investing app Robinhood has raised new capital.…
The GameStop stock saga continues, Apple releases more details about its privacy changes and Qualtrics goes public. This is your Daily Crunch for January 28, 2021. The big story: Robinhood…
After enduring a day’s worth of taking a beating across social media, government and the various app stores of the mobile world, Robinhood took to its own blog and CEO’s Twitter account…
The GameStop short squeeze saga caught the attention of Congress Thursday morning and that buzz is already panning out into hearings on the topic. Rep. Maxine Waters (D-CA), chairwoman of…
