Karandeep Anand

Media & Entertainment

VCs approached Facebook to fund a spinout of Workplace valued at over $1B, but Facebook declined

Ingrid Lunden

Workplace — the app originally built as a version of Facebook for employees to communicate with each other — now has more than 7 million users, carving out a place…

VCs approached Facebook to fund a spinout of Workplace valued at over $1B, but Facebook declined
Startups

Fintech Brex confirms $12.3B valuation, snaps up Meta exec to serve as its head of product

Mary Ann Azevedo

In the latest fintech megaround, Brex has confirmed that it has raised $300 million in a Series D-2 round that ups its valuation to $12.3 billion. TechCrunch in October was…

Fintech Brex confirms $12.3B valuation, snaps up Meta exec to serve as its head of product