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Allie Garfinkle

Allie Garfinkle

Fortune

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Why a16z’s ‘speedrun’ accelerator is playing a new game

A16z’s gaming accelerator this week opened applications for its 5th LA cohort, bumping up investment per company to $1 million from $750,000.

yesterday 6

Fortune

Allie Garfinkle

CoreWeave’s IPO disappoints in opening hours—but many buzzy tech IPOs remain in the pipeline

Shares in AI cloud provider CoreWeave started trading on Friday after what turned out to be a rocky IPO.

28.03.2025 4

Fortune

Allie Garfinkle

There are 372 AI unicorns right now, according to PitchBook. Here’s what that means

Right now, in the tech industry paddock, there are 372 AI unicorns, according to PitchBook.

28.03.2025 20

Fortune

Allie Garfinkle

U.K. doesn’t want to retaliate against Trump’s 25% vehicle tariffs: ‘We’re looking to secure a better trading relationship’

The response came with Westminster locked in talks with Washington over potentially securing a post-Brexit trade deal.

27.03.2025 10

Fortune

Allie Garfinkle

Glean CEO Arvind Jain: Lessons from an AI unicorn

For Glean CEO Arvind Jain, transitioning the company from a scrappy startup to an AI unicorn with nearly 800 employees has been a challenge. 

27.03.2025 10

Fortune

Allie Garfinkle

This VC firm is playing the long game with sports and fitness—and just added a new teammate

MySpace and Crosscut Ventures cofounder Brett Brewer has joined Sequence Equity as managing partner.

26.03.2025 10

Fortune

Allie Garfinkle

Exclusive: Emergence Capital raises $1 billion seventh fund

Emergence Capital has closed its oversubscribed seventh fund at $1 billion, Fortune can exclusively report.

25.03.2025 10

Fortune

Allie Garfinkle

AI revenue comes in hot. But can it stick?

AI startups are clocking millions in revenue from zero in just a few months. But will those numbers stick?

21.03.2025 20

Fortune

Allie Garfinkle

Is Google’s $32 billion Wiz acquisition a one-off—or a sign that Big Tech M&A is back?

Google plans to acquire cybersecurity company Wiz for $32 billion in what would be the search giant’s largest-ever acquisition.

19.03.2025 9

Fortune

Allie Garfinkle

Rivian CEO RJ Scaringe on steering through the mess

Also: Trump will call Putin today, Microsoft almost passed on Nadella.

18.03.2025 10

Fortune

Allie Garfinkle

Klarna is ready to ride the IPO roller coaster

Klarna, the Swedish fintech unicorn that made its name in buy now pay later, last week filed to go public on the New York Stock Exchange under the...

18.03.2025 20

Fortune

Allie Garfinkle

Rex Woodbury’s Daybreak Ventures unveils $33 million first fund

Daybreak Ventures has revealed its $33 million first fund, Fortune has exclusively learned.

14.03.2025 10

Fortune

Allie Garfinkle

Former Stripe CBO Jeanne DeWitt Grosser joins Vercel as COO

Jeanne DeWitt Grosser, formerly Stripe’s CBO, has joined Vercel as COO, Fortune has exclusively learned.

14.03.2025 10

Fortune

Allie Garfinkle

Mike Maples and Jim Breyer on spotting breakthrough founders

Maples, an early backer of Twitter and Okta, and Breyer, one of the first big investors in Facebook, shared the stage at SXSW to discuss their secrets...

11.03.2025 3

Fortune

Allie Garfinkle

‘Hype cycles are good’: Top VC explains why the current AI boom is great for the tech industry but warns ‘just don’t buy at the top’

Jim Adler, founder and general partner at Toyota Ventures, told the SXSW audience that hype cycles attract talent and investment that help develop...

09.03.2025 4

Fortune

Allie Garfinkle

Thailand pushes to repatriate 1,500 Chinese workers freed from Myanmar scam centers each week

Under pressure from key ally Beijing, Myanmar has cracked down on some of the compounds, freeing around 7,000 workers from more than two dozen...

06.03.2025 40

Fortune

Allie Garfinkle

Why Edward Jones launched its new venture arm, Edward Jones Ventures

Earlier this year, Edward Jones launched its new venture arm, Edward Jones Ventures.

06.03.2025 10

Fortune

Allie Garfinkle

Sequoia’s Roelof Botha on the current dealmaking climate, VC firm proliferation, and sneaker style

Sequoia Capital’s Roelof Botha discusses leadership and the shifting VC landscape.

05.03.2025 5

Fortune

Allie Garfinkle

Vesta, mortgage infrastructure startup, reports growth at high-pressure time in housing

Vesta's last public round was announced in 2022, a $30 million Series A, and Fortune can now report that the company has raised an additional $55...

04.03.2025 8

Fortune

Allie Garfinkle

AI startup CoreWeave files for 2025’s first big tech IPO — and reveals it gets more than half its $1.9 billion in revenue from a single customer

Nvidia-backed CoreWeave filed its IPO prospectus, revealing surging revenue, with more than half of it coming from Microsoft.

04.03.2025 4

Fortune

Allie Garfinkle

The Upfront Summit, less than two months after the fires, draws tech’s elite to Los Angeles

The Upfront Summit, known for its glamour and LA-long ethos, was held this year at the Intuit Dome.

28.02.2025 3

Fortune

Allie Garfinkle

Exclusive: Metronome, usage-based billing startup, raises $50 million Series C

Metronome has raised a $50 million Series C, led by NEA, Fortune can exclusively report.

26.02.2025 30

Fortune

Allie Garfinkle

Foodtech deal count hit a record low in Q4 2024, says PitchBook

Q4 2024 was a rather limited time for foodtech funding, according to new PitchBook data.

21.02.2025 30

Fortune

Allie Garfinkle

Exclusive: Bonfire Ventures, seed stage VC firm focused on B2B software, raises $245 million fourth fund

Bonfire Ventures has closed its fourth fund at $245 million, the firm’s largest to date, Fortune can exclusively report.

20.02.2025 10

Fortune

Allie Garfinkle

Exclusive: Verkada’s $200 million Series E values the company at $4.5 billion

Verkada has raised a $200 million Series E, boosting the company's valuation by $1 billion.

19.02.2025 10

Fortune

Allie Garfinkle

Exclusive: Abridge raises $250 million Series D led by Elad Gil and IVP

Abridge, a healthcare AI startup, recently raised a $250 million Series D, Fortune has exclusively confirmed.

17.02.2025 10

Fortune

Allie Garfinkle

How Stripe’s billing experiment propelled a $500 million AI-fueled business

Stripe’s ascendant Revenue and Finance Automation division, anchored by Stripe Billing, crossed $500 million in annual revenue run rate at the end...

14.02.2025 10

Fortune

Allie Garfinkle

John Collison on Stripe Billing’s rise, books, and ‘the tyranny of being first’

Stripe’s Revenue and Finance Automation division, anchored by Stripe Billing, crossed $500 million in annual revenue run rate at the end of January.

14.02.2025 10

Fortune

Allie Garfinkle

Exclusive: Fal, generative media platform for developers, raises $49 million Series B

Fal, generative media platform for developers, has raised a $49 million Series B, Fortune can exclusively report.

12.02.2025 10

Fortune

Allie Garfinkle

Only about 8% of dealmakers are confident in the international economy, survey says

Dealmakers share their outlooks on global business conditions, the carried interest tax, DEI, and even Elon Musk in Semaphore's annual survey of...

11.02.2025 7

Fortune

Allie Garfinkle

An OpenAI whistleblower was found dead in his apartment. Now his mother wants answers

Why Suchir Balaji’s death has fueled conspiracy theories and unresolved questions.

10.02.2025 10

Fortune

Allie Garfinkle

Greylock’s Asheem Chandna on spotting game-changing founders, and never losing a dime

Greylock’s Asheem Chandna has spent 22 years in VC, and he’s never lost money.

07.02.2025 10

Fortune

Allie Garfinkle

Vermillion Cliffs Ventures launches with $13 million debut fund

Ashley Smith, previously of GitLab and GitHub, has launched Vermillion Cliffs Ventures with a debut $13 million fund, Fortune can exclusively report.

06.02.2025 3

Fortune

Allie Garfinkle

Los Angeles VCs unite to launch LA Tech Community Cares Fund for fire recovery

In Los Angeles, the venture community has banded together, launching The LA Tech Community Cares Fund to support fire recovery efforts.

29.01.2025 20

Fortune

Allie Garfinkle

The lessons and laments of DeepSeek, according to VCs

Hurricane DeepSeek ripped through the venture capital world with a furor on Monday.

28.01.2025 10

Fortune

Allie Garfinkle

Exclusive: Eve, AI legal platform, raises $47 million Series A led by Andreessen Horowitz

Eve, an AI legal platform, has raised a $47 million Series A, Fortune can exclusively report.

16.01.2025 6

Fortune

Allie Garfinkle

Rubrik CEO Bipul Sinha on learning the ropes post-IPO

In April, cybersecurity company Rubrik went public. Since then, shares are up about 75%.

15.01.2025 7

Fortune

Allie Garfinkle

As Los Angeles burns, the view from the top of the hill with Upfront Ventures’ Mark Suster

Fortune spoke to L.A.-based investor Mark Suster of Upfront Ventures, for one on-the-ground account of how the wildfires have affected Pacific...

14.01.2025 8

Fortune

Allie Garfinkle

A new credit card for NYC millionaires has over 30,000 people on the waitlist

In a tough time for fintech, Atlas is looking to beat the odds by building a business focused on serving high-net-worth individuals. Fortune can...

09.01.2025 10

Fortune

Allie Garfinkle

Mark Cuban on healthcare in America, the NBA, AI, and social media

Mark Cuban is game to chat on social media—just not necessarily on X, formerly Twitter, he told the Fortune Brainstorm audience in Las Vegas.

08.01.2025 3

Fortune

Allie Garfinkle

Capital and carnival collide in Las Vegas at CES (or, how a pigeon walked into a Dunkin’)

CES is tech’s great three-ring circus, sprawling and fluorescent.

07.01.2025 10

Fortune

Allie Garfinkle

The Crystal Ball: Envisioning how AI will shape our world in 2025

The AI boom was the biggest story in 2024, and it looks like Term Sheet readers think it’ll be the biggest story in 2025.

03.01.2025 10

Fortune

Allie Garfinkle

The Crystal Ball: What 2025 holds for pivotal sectors, including crypto, consumer, and health

VCs and tech executives believe that crypto and fintech are looking up in 2025.

02.01.2025 3

Fortune

Allie Garfinkle

The Crystal Ball: The 2025 outlook for IPOs, M&A, and the regulatory landscape

After a long, cold winter for VC exits, investors and founders are getting a warm, tingly feeling about 2025.

31.12.2024 6

Fortune

Allie Garfinkle

The Crystal Ball: VCs, entrepreneurs, and tech executives on what lies ahead in 2025

With a new presidential administration, rich valuations, and unrelenting AI advances all in effect, here's what VCs and tech executives expect in...

30.12.2024 2

Fortune

Allie Garfinkle

Tech’s 2024 winners and losers—from Elon Musk to GM’s Cruise

Elon Musk came out on top of the tech heap in 2024.

27.12.2024 10

Fortune

Allie Garfinkle

Live Nation hopes for another big year of acquisitions despite an antitrust lawsuit that could lead to a break-up

LiveNation acquired stakes in a number of companies in 2024, and plans more in 2025.

24.12.2024 9

Fortune

Allie Garfinkle

AWS CEO Matt Garman on startups, nuclear power, and soaring AI compute costs

Amazon Web Services CEO Matt Garman spoke to Fortune about the cloud giant’s startup strategy.

20.12.2024 5

Fortune

Allie Garfinkle

Paramount-Skydance merger faces a new challenge over concerns about a China-based investor

Proposed Hollywood studio merger between Paramount and Skydance Media has received a new challenge this week.

20.12.2024 10

Fortune

Allie Garfinkle

By 2030, the metaverse gaming market will reach $168.4 billion, estimates startup Gamefam

Gamefam, whose backers include Bessemer Venture Partners and Play Ventures, released its annual report, “State of Brands on Roblox and Fortnite.”

19.12.2024 10

Fortune

Allie Garfinkle