dick costolo

01 Advisors, founded by Dick Costolo and Adam Bain, just closed on $395M more

You might imagine that if two former Twitter chieftains and a longtime C-suite Facebook exec agreed to build a venture firm together, they would chase after nascent social networks. You’d be wrong.

Postscript takes in $65M so Shopify merchants can send more personalized texts to customers

Black Friday is typically a big SMS day, but Memorial Day was the company’s largest SMS sending day this year with between 30 and 40 million texts sent.

Top Twitter execs, including heads of revenue and consumer products, are out following Musk deal

Twitter GM of Consumer, Keyvon Beykpour, announced today he will be leaving the company after seven years. Beykpour first joined the social media platform by way of its acquisition of Periscope, which

Pixel Vault banks $100 million in funding to chase an NFT media empire

The world of NFTs is bizarre, confounding and exhilarating. Detractors see a space full of capital-obsessed hucksters who want to choke all of the lasting value from popular culture, while boosters se

TechCrunch+ roundup: Jack leaves Twitter, Black Friday data, Nubank lowers IPO pricing

Perhaps it should be pro forma for corporate boards in search of a new CEO to start by talking to the company’s longtime engineers, product managers and marketing leads.

Physical security startup HiveWatch lands $20M Series A, led by Dick Costolo and Adam Bain

HiveWatch, an LA-based startup that uses multi-sensor fusion to help companies better respond to physical security threats, has secured $20 million in Series A funding led by Dick Costolo and Adam Bai

BrightHire scores $20.5M Series B for Zoom-based job interview app

BrightHire, a startup that wants to transform the way people are hired inside organizations, announced a $20.5 million Series B investment today led by 01 Advisors, with participation from Index Ventu

Nomad Homes raises $20M to create a personalized house hunting platform for Europe, Middle East

The company is creating its own MLS for the regions and applies technology to the expertise provided by local customer services experts who assist from the initial search to closing on the home.

Google’s FeedBurner moves to a new infrastructure but loses its email subscription service

Google today announced that it is moving FeedBurner to a new infrastructure but also deprecating its email subscription service. If you’re an internet user of a certain age, chances are you used

Slice raises $40M to power ordering and marketing for independent pizzerias

Slice, a startup that helps independent pizzerias build an online business, has raised another $40 million in Series D funding. The round was led by Cross Creek, with participation from KKR, GGV Capit

LA-based Metropolis raises $41 million to upgrade parking infrastructure

Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market. Upgrading parking with a computer vi

01 Advisors, the venture firm of Dick Costolo and Adam Bain, has closed fund two with $325 million

Dick Costolo and Adam Bain, renowned early Twitter execs who served as the company’s CEO and its chief operating officer, respectively, have quietly closed a second venture fund just one-and-a-h

Literati raises $40M for its book club platform

Literati has raised a $40 million Series B to pursue an unusual startup opportunity — namely, book clubs. Founder and CEO Jessica Ewing (a former product manager at Google) explained that the Austin

Chamath launches SPAC, SPAC and SPAC as he SPACs the world with SPACs

SPACs are going to rule the world, or at least, Chamath’s future portfolio. Chamath Palihapitiya, the founder of Social Capital, has already tripled down on SPACs, the so-called “blank check” ve

SpotOn taps $50M to take on Square and more in payments and financial services for SMBs

Small and medium enterprises make up the vast majority of businesses globally, and today a startup building merchant services to help them operate is announcing a growth round to address that opportun

Electric reopens Series B to make room for Dick Costolo and Adam Bain

Electric, the platform that delivers IT services to small and medium businesses, has today announced that it has raised an additional $14.5 million on its Series B from 01 Advisors, the fund led by Tw

Twitter co-founder Ev Williams to step down from the company’s board

Ev Wiliams is stepping down from Twitter's board of directors effective at the end of the month, according to documents submitted to the Securities and Exchange Commission on Friday.

Former Twitter employees prove innovation isn’t just for profit

There’s no secret the tech industry suffers a reputation for harmfully disrupting a community. But not everyone in tech is to blame for the negative effects. In 2015 Ben Kovacs and Joel Lunenfeld fo

Dick Costolo joins Maybe Capital — a new satirical board game about Valley VC

As the TV show Silicon Valley has shown, the tech community there is ripe for satire. So it’s not surprising that the next "product" to be born into this satirical "vertical" is a board game where y

Twitter Forms A “Trust & Safety Council” To Balance Abuse Vs Free Speech

Twitter’s latest step in the tricky balancing act of championing free speech without also handing a free pass to orchestrated harassment via its platform is the announcement today that it&#821
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