Facebook announces Libra cryptocurrency: All you need to know

Facebook has finally revealed the details of its cryptocurrency Libra, which will let you buy things or send money to people with nearly zero fees. You’ll pseudonymously buy or cash out your Libra online or at local exchange points like grocery stores, and spend it using interoperable third-party wallet apps or Facebook’s own Calibra wallet […]

A peek inside Sequoia Capital’s low-flying, wide-reaching scout program

Ten years earlier, Sequoia Capital started silently motivating creators of its portfolio business to think about which of their creator buddies they may like to support economically. Sequoia would let them compose checks to those business, and it would show them any later benefits. It was a fantastic concept. It permitted Sequoia to keep tabs […]

Step raises $22.5M led by Stripe to build no-fee banking services for teens

The smartphone revolution has well and truly disrupted the world of banking. A wide range of startups have cropped up that have completely removed the need to make visits to physical branches to open accounts, make deposits, pay for things, and ask for loans: you can now do all of these on the go by […]

Stripe and Precursor lead $4.5m seed into media CRM startup Pico

Google and Facebook are increasingly slurping up every ad dollar on the internet. Their dominant position is upending the business models of traditional and startup media companies alike. The click-driven ad model of yore is leaving a graveyard in its wake, as once high-flying companies like Mic collapse. Learning from the wave of SaaS startups […]