Lucas Matney, TechCrunch

Lucas Matney

TechCrunch

Chicago, IL, United States

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Recent articles by Lucas:

Twitter’s vision of decentralization could also be the far-right’s internet endgame –

This week, Twitter CEO Jack Dorsey finally responded publicly to the company’s decision to ban President Trump from its platform, writing that Twitter had “faced an extraordinary and untenable circumstance” and that he did not “feel pride” about the decision. In the same thread, he took time to call out a nascent Twitter-sponsored initiative called […] → Read More

Madrona promotes Anu Sharma and Daniel Li as Partners –

Fresh off the announcement of more than $500 million in new capital across two new funds, Seattle-based Madrona Venture Group has announced that they’re adding Anu Sharma and Daniel Li to the team’s list of Partners. The firm, which in recent years has paid particularly close attention to enterprise software bets, invests heavily in the […] → Read More

Snapchat permanently bans President Trump’s account –

Quite a bit has happened since Snapchat announced last week that it was indefinitely locking President Trump’s Snapchat account. After temporary bans from his Facebook, Instagram and YouTube accounts as well as a permanent ban from Twitter, Snap has decided that it will also be making its ban of the President permanent. Thought Trump’s social […] → Read More

E-commerce infrastructure startup Nacelle closes $18M Series A –

Consumer online shopping habits have led to a windfall of revenues for these web storefronts, but COVID-era trends have also breathed new life into the market for developer tools that help e-commerce sites operate more smoothly for shoppers. LA-based Nacelle is one of many e-commerce infrastructure startups to earn attention from investors amid COVID. The […] → Read More

President Trump responds to Twitter account ban in tweet storm from @POTUS account –

After Twitter took the major step Friday of permanently banning President Trump’s @realdonaldtrump Twitter account, the President aimed to get the last word in through his government account @POTUS which has a fraction of the Twitter followers but still offered the President a megaphone on the service to send out a few last tweets. The […] → Read More

Parler removed from Google Play store as Apple App Store suspension reportedly looms –

Shortly after Twitter announced Friday afternoon that they were permanently suspending the account of President Trump, Google shared that they were removing Parler, a conservative social media app, from their Play Store immediately, saying in a statement that they were suspending the app until they committed to a moderation and enforcement policy that could handle […] → Read More

VCs discuss gaming’s biggest infrastructure investment opportunities in 2021 –

We last polled our network of investors on the topic of gaming infrastructure startups back in May just as it was becoming clear what pandemic opportunities were in store for gaming startups. Accel’s Amit Kumar told us at the time that “social and interactivity layers spanning across these games” were poised to be the big […] → Read More

Roblox raises at $29.5 billion valuation, readies for direct listing –

Roblox is now one of the world’s most valuable private companies in the world after a monster Series H raise brings the social gaming platform a stratospheric $29.5 billion valuation. The company won’t be private for long, though. The $520 million raise led by Altimeter Capital and Dragoneer Investment Group is a significant cash influx […] → Read More

Nintendo buys Canadian game studio in rare acquisition –

While gaming giants Sony and Microsoft have made M&A a critical part of their strategic growth plans, Nintendo has always seemed to be more reluctant to bring outside talent into the fold of its video game empire. Today, the company announced that it will be acquiring the developer behind Luigi’s Mansion 3, Canada-based Next Level […] → Read More

8 investors discuss social gaming’s biggest opportunities –

"The next social network needs to be a place to hang also when you don’t come for a game session." → Read More

Niantic buys competitive gaming platform Mayhem –

Pokèmon Go creator Niantic has acquired a small SF gaming startup building a league and tournament organization platform to help gamers create their own communities around popular titles. Mayhem was in Y Combinator’s winter 2018 batch and went onto raise $5.7 million in funding according to Crunchbase. Other backers include Accel, which led the startup’s […] → Read More

Ripple’s XRP cryptocurrency crashes following announcement of SEC suit –

The value of one of the world’s most valuable cryptocurrencies is crashing and a recently filed SEC complaint is at the root of the free fall. According to CoinMarketCap, the XRP token’s value has declined more than 42% in the past 24 hours and is down more than 63% from its 30-day high of $0.76. […] → Read More

Elon Musk claims he tried selling Tesla to Apple but Tim Cook wasn’t interested –

Tesla stock’s miraculously bizarre 2020 might have a gone different way had Apple’s Tim Cook agreed to a meeting in recent years, or so says Elon Musk. Reacting to Reuters’ recent news that Apple has not abandoned its electric car program and is still pursuing plans to build a physical vehicle, Musk tweeted that in […] → Read More

Social gaming platform Rec Room scores $20 million Series C –

Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. The startup has closed a $20 million Series C led by Madrona Venture Group . Existing investors, including First Round Capital, Index, Sequoia and DAG, also participated in the […] → Read More

ClickUp CEO talks hiring, raising and scaling in the white-hot productivity space –

Few young software companies have had as great a year as San Diego-based ClickUp. The company, which makes business productivity tools for task management, goals and docs, raised its first bit of outside funding in mid-2020. Just six months later, it has reached a $1 billion valuation after doubling its customer base and revenue increased […] → Read More

ClickUp hits $1 billion valuation in $100M Series B raise –

Just six month after raising its first bit of outside funding, ClickUp has closed $100 million in new funding and has reached a $1 billion valuation, a report in Bloomberg first reported. The company has seen plenty of growth in the past several months to justify that new unicorn status, including doubling the amount of […] → Read More

Roblox buys digital avatar startup Loom.ai –

Roblox announced today that it’s buying a digital avatar startup called Loom.ai. Purchasing a company that has focused singularly on creating more realistic human avatars is an interesting play for a gaming platform that has made such an impact by building experiences that tend to cast realism to the wayside. We covered the company’s $1.35 […] → Read More

Cloud-gaming platforms were 2020’s most overhyped trend –

It was an unprecedented year for [insert anything under the sun], and while plenty of tech verticals saw shifts that warped business models and shifted user habits, the gaming industry experienced plenty of new ideas in 2020. However, the loudest trends don’t always take hold as predicted. This year, Google, Microsoft, Facebook and Amazon each […] → Read More

Twitter acquires screen-sharing social app Squad –

Today, Twitter announced that it is acquiring Squad and that the team from the screen-sharing social app will be joining Twitter’s ranks. Squad’s co-founders, CEO Esther Crawford and CTO Ethan Sutin, and the rest of the team will be coming aboard inside Twitter’s design, engineering, and product departments, Twitter tells us. Crawford specifically notes that […] → Read More

Snap launches a native Twitter integration –

Twitter is partnering with Snap to bring tweets into Snapchat with a native integration that both companies hope will push users away from screenshots and towards more interactive embeds. Twitter users who are also logged into the Snapchat app on their phone will be able to access the functionality by tapping share on a particular […] → Read More