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Executive Movements Investment

Carsharing startup Getaround adds $140 mn in Series E funding round, makes key executive hires

Getaround, the carsharing platform that empowers users to instantly access and drive cars nearby, announced a $140 million Series E financing from PeopleFund with new investors including Reid Hoffman’s and Mark Pincus’ Reinvent Capital, AmRest founder Henry McGovern, Pennant Investors, and VectoIQ partners Steve Girsky, Mary Chan, and Julia Steyn.  Existing investors SoftBank Vision Fund, […]

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SoftBank-backed startups cutting down on workforce

SoftBank, a name we all are familiar with in the startup ecosystem. From setting up the world’s biggest investment fund “The SoftBank Vision Fund” to aggressively investing in tons of startups, SoftBank has established itself as a mark in the startup economy. But all is not going well with the brand. For the past few […]