Techmeme

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Dan Primack / Axios:
Source: over 1,000 Uber employees sign letter to board demanding that Travis Kalanick return “in an operational role” because he's “critical” to future success   —  More than one thousand current Uber employees have signed a letter to the company's board of directors …
Jun 22, 2017, 1:55 PMIn context
Dan Primack / Axios:
Sources: A group of Uber investors, including Benchmark Capital, is exploring ways to remove Travis Kalanick as Uber's CEO   —  A select group of Uber's institutional investors is exploring ways of removing Travis Kalanick as CEO, Axios has learned from multiple sources.
Jun 21, 2017, 1:00 AMIn context
Dan Primack / Axios:
Sources: Google launches venture capital program focused on AI, led by VP of engineering Anna Patterson, aiming to invest $1M to $10M per deal   —  Google has launched a new venture capital program focused on artificial intelligence, Axios has learned from multiple sources.
May 26, 2017, 3:05 PMIn context
Dan Primack / Axios:
Sarah Tavel leaves Greylock Partners to become general partner at Benchmark Capital, the first woman in that role at the firm   —  Sarah Tavel has joined venture capital firm Benchmark Capital as its sixth general partner, after having been with rival Greylock since 2015.
May 9, 2017, 12:35 PMIn context
Dan Primack / Axios:
Chris Sacca retires from startup investing and will stop appearing on Shark Tank; Lowercase Capital will not raise another fund   —  Chris Sacca, one of the earliest investors in companies like Uber and Twitter, today announced that he has decided to stop making investments in technology startups.
Apr 26, 2017, 10:15 AMIn context
Dan Primack / Axios:
Yext prices IPO at $11 per share, above the initial offering range, raising $115.5M+ and valuing the company at about $940M ahead of a NYSE debut on Thursday   —  Yext is the latest tech company to price its IPO, raising over $115 million tonight by pricing 10.5 million shares at $11 a piece.
Apr 12, 2017, 8:27 PMIn context
Dan Primack / Axios:
Just 7% of decision-makers at 227 US venture capital firms are women, and women control just 4.7% of all venture dollars raised in the past 5 years by US firms   —  Data: Axios Analysis; Icons by Gan Khoon Lay via the Noun Project ; Chart: Lazaro Gamio / Axios
Apr 3, 2017, 4:30 PMIn context
Dan Primack / Axios:
Timeline highlights Alibaba's role in Quixey's demise, based on conversations with sources   —  Earlier this month came reports that mobile search startup Quixey was in the process of shutting down, after blowing through over $130 million in VC funding from investors like Alibaba and Eric Schmidt's Innovation Endeavors.
Mar 29, 2017, 9:45 PMIn context
Dan Primack / Axios:
As MuleSoft closes up 45%+ on its first day of trading, valued at about $3B+, CEO Greg Schott talks about IPO timing, potential acquisitions, more   —  MuleSoft, a San Francisco-based SaaS integration company, last night priced the year's first big enterprise software IPO, raising $221 million.
Mar 17, 2017, 4:50 PMIn context
Dan Primack / Axios:
MuleSoft prices IPO at $17/share, above proposed $14-$16 range, raising $221M and giving it initial market cap of about $2.14B   —  SaaS integration company MuleSoft tonight raised $221 million in its IPO, pricing shares at $17 a piece.  That's a tick above the top of its proposed $14-$16 range …
Mar 16, 2017, 8:40 PMIn context

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