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Deel hits $17.3B valuation after raising $300M from big-name VCs

As entertaining as it’s been for the tech industry to watch rival payroll decacorns Deel and Rippling sue each other over a corporate spying scandal, top-tier VCs are apparently not terribly scared off. Deel on Thursday announced that it has raised a $300 million Series E round co-led by A-list fintech VC firm Ribbit Capital … Read more

Big-name anchors going independent, making money in the Substack era

Hamish McKenzie, the co-founder of Substack, is suddenly speaking out. “We are living through the most significant media disruption since the printing press, and it explains everything from why you can’t stand your neighbor to our current political tumult.” Today, he says on his site, “we live in a more chaotic environment, where the narrative … Read more

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