Rebecca Szkutak

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The FTC’s ban on noncompete clauses could be good for startups. But it also might be struck down.

The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means compan...
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Rubrik’s shares climb 20% in its public debut

This share price gives Rubrik a fully diluted valuation of $6.6 billion, up 88% from its last primary valuation of $3.5 ...
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Deal Dive: Not all climate startups are focused on carbon

Windfall Bio sells methane-eating microbes to companies to help them reduce their carbon footprint in the short-term. © ...
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Airtree Ventures already returned its first fund thanks to Canva while maintaining the majority of its stake

Airtree Ventures uses the secondary market to slim down its stakes while waiting for its portfolio companies to exit. © ...
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Cambium is building a recycled wood supply chain

The global demand for wood could grow by 54% between 2010 and 2050, according to a study by the World Resources Institut...
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Deal Dive: EarliTec Diagnostics raises $21.5M to help diagnose autism earlier

EarliTec's FDA-authorized device helps clinicians diagnose children showing signs of autism as young as 16 months old. ©...
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From YC to IPO: Winter 2024 Demo Day, Rubrik and Ibotta

What a week, everyone. Two full days of Y Combinator demo day activity kept us busy, but the latest accelerator cohort&#...
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DCVC wanted to raise $500M for its first climate fund, but the market had other plans

DCVC’s target for its first climate-focused fund, DCVC Climate Select, has been all over the place and highlights the ro...
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Rubrik’s IPO filing hints at thawing public markets for tech companies

Rubrik initially presents as a moderately growing software business with net losses that stretched to $354 million in it...
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Seso is building software to fix farm workforces and solve agriculture’s HR woes

Migrant workers are a critical labor force for U.S. farms, but getting them here on proper H-2A visas can be complicated...
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Deal Dive: Iron Sheepdog is fixing short-haul trucking from the bottom up

Iron Sheepdog credits its ability to gain traction with truck brokers because it got the truckers themselves to sign on ...
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Ibotta’s expansion into enterprise should set it up for a successful IPO

Ibotta's recent partnerships with brands Exxon, Shell and Walmart helped the company reach profitability. © 2024 TechCru...
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Vibrant Planet uses AI for land mapping and improving climate resiliency

As the planet warms due to human-caused climate change, damage from wildfires has increased with it. The amount of fores...
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Former Nextdoor exec raises $25 million for PipeDreams, a startup rolling up HVAC companies

Dan Laufer swore off ever founding a startup again after he sold apartment rental platform RentLingo in 2021, but Laufer...
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Deal Dive: Building the Airbnb for guided hunting and fishing

Mallard Bay is building a marketplace and a vertical SaaS platform for guided fishing and hunting industries. © 2024 Tec...
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Mallard Bay is the Airbnb for guided hunting and fishing

Mallard Bay is building a marketplace and a vertical SaaS platform for guided fishing and hunting industries. © 2024 Tec...
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Liquid Death is just one of many VC-backed beverage startups ready to disrupt Coke and Pepsi

Some of the new venture-backed beverage startups are hoping to upend the industry by creating new drink categories. © 20...
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A $700M SAFE, IPOs are back, and how one venture fund is transcending borders

Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind th...
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Reddit’s IPO has begun with shares soaring 60% within minutes

Shares of social forum giant Reddit opened Thursday at $47 per share, then quickly soared to around $55, up about 60% in...
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Astera Labs’ IPO pops 54%, showing that investor demand for tech with an AI twist is high

Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company pri...
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Ramp CEO says the fintech startup is just scratching the surface

Fintech exploded over the last five years. Startups in the category raised more than $350 million in VC funding from 201...
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LACERA decreases venture capital allocation range, but experts say it doesn’t signal a trend

The Los Angeles County Employees Retirement Association (LACERA) voted to decrease its allocation range to venture capit...
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Late-stage VCs may be preventing their startups from going public in 2024

While some investors are loudly bemoaning that the IPO window can’t stay shut forever, other VCs themselves are ac...
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VCs will get liquidity in 2024 from the secondary market, not IPOs

If you asked a bunch of VCs at the end of 2023 if the IPO market would finally open again in 2024, most of them would ha...
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NFT fantasy sports startup Sorare lays off 13% of staff, as web3 gaming continues to sputter

Web3-enabled fantasy sports platform Sorare laid off 22 employees based in its New York office in February. The move com...
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AI could be the solution for bureaucracy, with Emilie Poteat from Advocate

Founders have spent a lot of time over the past few years trying to build practical consumer use cases for AI and machin...
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Reddit should go public at $5 billion, according to secondary data

If secondary buyers aren't buying shares at more than a $5 billion valuation, it wouldn't be wise for Reddit to price it...
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Black Tech Nation Ventures’ diversity thesis undeterred by growing DEI backlash

Black Tech Nation Ventures launched in 2021 to address the funding gap for Black founders amid a wave of venture diversi...
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Europe remains hard to crack for North American GPs

While North American VCs can see the potential value in backing European startups, it hasn't been easy for firms to laun...
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Zola wants to bring the wedding industry into the 21st century

Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Shan-Lyn Ma, ...
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