Erin Griffith | The Seattle Times

Do Kwon, co-founder and CEO of Terraform Labs, poses in the company’s working room in Seoul, South Korea on April 14. (Woohae Cho / Bloomberg)

May 19, 2022 at 2:30 am

How a trash-talking crypto bro caused a $40 billion crash

The downfall of Luna and TerraUSD offers a case study in crypto hype and who is left holding the bag when it all comes crashing...

Business

— EMBARGO: NO ELECTRONIC DISTRIBUTION, WEB POSTING OR STREET SALES BEFORE 3:01 A.M. ET ON WEDNESDAY, MAY 11, 2022. NO EXCEPTIONS FOR ANY REASONS — Start-up workers came into 2022 expecting another year of cash-gushing initial public offerings. Then the stock market tanked, Russia invaded Ukraine, inflation ballooned, and interest rates rose. (Filippo Fontana/The New York Times) — FOR EDITORIAL USE ONLY WITH NYT STORY SLUGGED STARTUP MARKET BY GRIFFITH FOR MAY 11, 2022. ALL OTHER USE PROHIBITED —

May 15, 2022 at 4:00 pm

Fear and loathing return to tech startups VIEW

Startup workers came into 2022 expecting another year of cash-gushing IPOs. Not so much.

Business

April 29, 2022 at 6:36 pm

Instacart searches for a direction as its pandemic boom fades

By late spring 2021, as the country emerged from pandemic lockdowns, Instacart's momentum had faded and sales dropped sharply.

Business

A town hall meeting for both in-person and work-from-home employees at Clio, a legal software company, in Burnaby, British Columbia, Canada, on April 8, 2022. Tech companies hoping that their employees will be happy – or at least less annoyed – about returning to work are providing concerts, food trucks and other perks. (Alana Paterson/The New York Times)

April 12, 2022 at 3:20 pm

Welcome back to the office. Isn’t this fun?

Tech companies with money to burn and offices to fill are rolling out the fun wagon, even as they make clear that returning to the...

Business

How crazy is the money sloshing around in start-up land right now? It’s so crazy that hot start-ups no longer have to pitch investors for money. The investors are the ones pitching them. (Joe Melhuish/The New York Times) – FOR EDITORIAL USE ONLY WITH NYT STORY STARTUPS-SURGE BY ERIN GRIFFITH FOR JAN. 19, 2022. ALL OTHER USE PROHIBITED. —

January 20, 2022 at 11:52 am

‘It’s all just wild’: Tech startups reach a new peak of froth

How crazy is the money sloshing around in startup land right now? It's so crazy that more than 900 tech startups are each worth more...

Business

Elizabeth Holmes and her partner, Billy Evans, leave the courthouse at the end of the day in San Jose, Calif., Nov. 23, 2021. Holmes, the founder of the failed blood testing start-up Theranos, took the stand for a fourth day on Monday, Nov. 29, to defend herself in a fraud trial that has been billed as a test of start-up hubris and hype. (Jim Wilson/The New York Times) XNYT111 XNYT111

December 8, 2021 at 4:01 pm

Elizabeth Holmes rests her case in fraud trial

Lawyers for Elizabeth Holmes wrapped up their defense in her fraud trial. Holmes, who founded the blood testing startup Theranos, was the final witness and,...

Business

FILE — Elizabeth Holmes, chief executive of Theranos, at a company facility in Newark, Calif., Dec. 4, 2015. (Carlos Chavarria/The New York Times)

November 30, 2021 at 8:57 pm

Prosecutors push Elizabeth Holmes of Theranos to take responsibility

Under cross-examination Elizabeth Holmes, the founder of the failed blood testing start-up Theranos, defended herself but admitted that she had made mistakes.

Business

**EDS: RETRANSMISSION OF XNYT153 SENT ON OCT. 22 TO IDENTIFY EVANS AS ‘PARTNER’ RATHER THAN ‘HUSBAND’ OF ELIZABETH HOLMES**FILE – Elizabeth Holmes, the founder of the blood testing start-up Theranos, and her partner, Billy Evans, depart a federal courthouse in San Jose, Calif., after the first day of Holmes’s trial on Sept. 8, 2021, where she faces 12 counts of defrauding investors in Theranos, which dissolved in 2018 after its blood tests were revealed to have problems. (Mike Kai Chen/The New York Times) XNYT153 XNYT153

November 23, 2021 at 11:25 pm

Elizabeth Holmes points fingers at others and says she was a believer VIEW

In her most substantial day of testimony, Elizabeth Holmes, the founder of Theranos, painted herself as someone whose best intentions were misinterpreted.

Business

FILE – The Pinterest office in San Francisco, Aug. 31, 2018. PayPal, the digital payments company, has offered to buy Pinterest, the digital pinboard company, in a deal valued at about $45 billion, according to people with knowledge of the discussions. (Anastasiia Sapon/The New York Times)

October 20, 2021 at 11:57 am

PayPal is said to be in talks to buy Pinterest in a $45 billion deal

PayPal has offered to buy Pinterest. The deal is valued at about $45 billion, a deal that would allow PayPal, a digital payments company, to...

Business

Christine Martinez, stands for a portrait at her home in Oakland, Calif., on Friday, Sept. 10, 2021. In a lawsuit filed in Alameda County Superior Court, Martinez accused Ben Silbermann and Paul Sciarra, two of Pinterest’s three co-founders, of breach of implied contract, idea theft, unjust enrichment and unfair business practices. (Marissa Leshnov/The New York Times) XNYT62 XNYT62

September 13, 2021 at 2:03 pm

Pinterest accused of not paying female ‘co-creator’

Christine Martinez, one of three Pinterest founders, is suing the other two co-founders claiming she was responsible for ideas core to the business. Martinez said...

Business