Tech Bubble

Move over unicorns: what does a $100-billion startup valuation reveal?

A couple of days ago, the Internet was abuzz with a post by Basecamp founder Jason Fried about his take on startup valuation. Interestingly, it was put out as a press release with a eye-popping title 'Basecamp valuation tops $100 billion after bold VC investment'.

Indian local delivery service Grofers raises $120 million in funding, valued over $300 million

The latest name to secure a significantly higher level of funding is Grofers. According to a report – Grofers – a hyperlocal delivery service has managed to raise $120 million in funding, which translates to effectively Rs 780 crore.

Tech start-ups are booming, but is this the next bubble?

Way back in 2008, we experienced, researched and tried to understand the subprime mortgage crisis. Probably not every one of us had any interest in the real estate business of the US. More so, none of us were interested in how much loans were being taken by customers in the US.

US man who pretended to own Facebook shares pleads guilty to fraud

A Florida investment adviser and onetime Oregon candidate for governor pleaded guilty Tuesday in a $13 million securities fraud scheme that capitalised on enthusiasm for shares of Facebook and other Internet companies about to go public

US man who pretended to own Facebook shares pleads guilty to fraud

A Florida investment adviser and onetime Oregon candidate for governor pleaded guilty Tuesday in a $13 million securities fraud scheme that capitalised on enthusiasm for shares of Facebook and other Internet companies about to go public