The Exchange

Welcome to the very last issue of The Exchange! With TechCrunch+ sunsetting this month, The Exchange column and its newsletter are also coming to an end. Thank you for reading,…

Leveraging resources such as virtual data rooms and shared labs makes it easier for biotech startups to grow. This is good news: We need more companies attacking cancer from novel…

Tech’s ability to reinvent the wheel can mean ignoring truths that others have learned. But new founders are sometimes figuring it out for themselves faster than predecessors.

It appears emerging price points for AI-powered software products will boost the total addressable market for technology products and help reaccelerate growth at tech companies big and small.

Everbridge’s deal shows that startups shouldn’t expect their valuations to be salvaged that much by cash generation if their growth is all but zero.

It’s not hard to spot the human pain in the market today.

Reddit’s feeling out its own IPO valuation is crucial, especially given that hightened regulatory scrutiny is restricting M&A as an exit avenue for unicorns.

Some thoughts on AI aesthetics, the challenge of uninsurability, and how to pitch a biotech startup to non-experts.

January has thus far seen 23,670 known tech layoffs, sourced from 85 known reductions, and hitting tech shops big and small.

Which startups are drawing the most praise from venture folks? A new list compiled by GGV US provides some hints.

Despite all the enthusiasm, there’s a niggling detail that deserves our attention: AI startups often have worse economics than most software startups.

Like a tenacious balloon, no matter how hard crypto gets knocked down, it tends to float back up again. But the current crypto bust looks a bit different.

We all make mistakes. But sometimes we forget that technology does, too — especially when it comes to AI, which is still in its early days in many respects.

Startups are in a difficult spot. But the good news is that some untraveled and overgrown exit paths have a chance of opening up this year.

Let’s make one thing clear: Reddit going public in the first quarter is not going to throw the IPO window wide open for other private tech companies.

This is a concept of user ownership that really rubs me the wrong way.

More than 100 companies are getting ready to go public on Nasdaq after filing confidentially with the SEC, Barron’s quoted Nasdaq’s CEO Adena Friedman as saying.

There’s an absolute mountain of money frozen in startups today, and with the pressure ticking higher every day for it to melt and become liquid cash, something is bound to…

It’s not impossible that the tagline may flip to “Quora, brought to you by Poe” from “Poe, brought to you by Quora.”

Is Carta a bad business without a secondary-market trading arm? Can it scale on its other revenue sources to the size it needs to take its large private-market valuation live?

When we consider Lawson’s tenure, the bulk of the company’s life so far is far more telling of the real story than the past few quarters.

I would be lying if I said that mixed reality and generative AI were two of my favorite things. And yet, a Christmas Day TV special made me unexpectedly bullish…

The situation has been worsening, and if this continued weakness persists in 2024, we could start to see global VC investment retreat to prior norms.

Hopes that it would become easier for startups to raise capital in 2023 were left unmet as the year ended. The Exchange explores startups, markets and money. Read it every…

The current mini crypto bull run could help get web3 corporate venture capital out of its slump.

Sometimes it’s important to state the obvious. That democracies are fragile but that technology can help. And also that crowdfunding isn’t always the best way to launch an innovative product.