Columbus, OH

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The venture firm emailed LPs in funds raised between 2009 and 2011 with an offer to buy up to $861 million worth of shares in Stripe, Axios reported. Sequoia has declined to comment but the buyers would be other, newer Sequoia funds, according to the email sent to LPs, that was shared by Axios.

Major Stripe investor Sequoia confirms $70B valuation, offers its investors a payday

To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. Payments giant Stripe has delayed going public for so long that its major investor Sequoia Capital is getting creative to offer returns to its limited partners. The venture firm emailed LPs in funds raised between 2009 and 2011 with an offer to buy up to $861 million worth of shares in Stripe. The move is evidence that LPs are increasingly antsy for liquidity in this dry IPO market. But perhaps more telling is that Sequoia’s gesture reflects that the firm is confident not only of Stripe’s future, but also in its ability to eventually exit in a way that will reward investors handsomely. It also revealed that the company’s most recent 409A valuation was $70 billion.

Sequoia bets big on Stripe, LatAm fintechs clean up and one African startup’s outsized Series A

BottleRaiders



Over the past few months, the London-based Degen Distillery has been teasing sneak peeks of a mysterious neon green bottle at high-end sporting events and raves across the United Kingdom. On Tuesday, the brand finally disclosed details on its inaugural 721 Vodka, a blockchain-oriented spirits release brought to market with co-signs from Google and Scottish beverage giant BrewDog.

Named in honor of ERC-721, a technical network for managing non-fungible tokens, the vodka is billed as the "world's first spirits brand powered by next-gen technology." In practice, this means that each bottle is backed by an NFT — hardly an innovation in...

Google-Backed Spirits Startup Aims to Turn ‘Consumers to Co-Creators’ With Blockchain-Based Vodka Launch

Lancaster County, PA

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

Oregon State

Youngstown, OH

The Shy Green

A look at some recent news from the pharmacy world. Rite Aid, a familiar name in communities across the country, is facing some tough times. After filing for bankruptcy, they've now announced the closure of four additional locations, adding to the more than 200 stores already shuttered. These closures are part of Rite Aid's strategy to reevaluate its retail presence and navigate through financial challenges.

A well-known pharmacy is closing four more stores because they went bankrupt

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Denver, CO

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David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

South Carolina State

Town Talks

Navigating North Carolina's Rules on Sleeping in Your Car. As night falls and exhaustion sets in during a long drive, the urge to pull over for a quick nap becomes strong. However, travelers on North Carolina’s highways should be aware that a roadside snooze might come with legal complications.

Is It Illegal To Sleep At A North Carolina Rest Area, Here is What You Need to Know

Total Apex Sports & Entertainment

Do your loved ones consult you regularly when they face a crisis? Intelligence is a branch of psychology that lacks a standard definition. Some scientists claim that it is a single ability and others state it comprises aptitudes and skills. Intelligent zodiac signs learn from their experiences and easily recognize and solve problems.

5 Most Intelligent Zodiac Signs

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Bucks County Beacon

Conservatives have done the United States a huge favor by explaining in detail what they’ll try to do if Donald Trump is reelected. Project 2025 , a “presidential transition project” of the Heritage Foundation, helpfully lays out how a group of former Trump officials would like to transform the country into a right-wing dystopia where the rich thrive and the rest of us die aspiring to be rich.

Project 2025’s Plan to Gut Medicare and Medicaid

Virginia State

Cheryl E Preston

Virginia Wendy Williams fans, this is your July 2024 update on the former talk show host. Her best friend of 44 years, Regina Schell, has shared recent concerns with TV Show Aces and says she has not seen or talked to Wendy in more than a year.

Wendy Williams fans are worried after her best friend claims not to have heard from her in a year

One of the most dominant tech companies in the world, Google is continuing to make moves in order to continue its influence as well as its nearly unbeatable value. At the rate it’s going, it seems that their perceived strategy is not that far off. Currently, Google is reportedly in advanced talks to acquire a cybersecurity startup firm named Wiz for approximately $23 billion. If this deal does indeed come to fruition, this would be Google’s largest-ever acquisition so far.

Google Is Rumored To Be in Talks To Acquire Wiz

Do you believe in genuine friendship? Finding a loyal and reliable friend is tricky nowadays. Many people are two-faced and like using their loved ones’ weaknesses to attack them.

5 Zodiac Signs That Make The Best Friends

Massachusetts State

Dianna Carney

Sandy Paws Rescue Inc., a foster-based rescue in Massachusetts, recently introduced a six-year-old French bulldog named Joannie who is looking for her forever home. The local animal rescue explains: “Joannie was found as a stray extremely emaciated and less than half her current weight now. She was missing fur on her body, face and ears. She has been nursed back to health and is doing wonderfully. While her age and exact history is unknown, it is clear she has mothered more than enough litters in her short lifetime.”

Meet Joannie: The "Extreme Snuggler" French Bulldog Looking For Love

Denver Mayor Mike Johnston has become nationally known for moving more than 1,600 homeless people indoors since he has become mayor. Now he wants to place 200 people struggling with mental illness and/or addiction into treatment, according to an upcoming City Council committee agenda.

Denver mayor to send 200 people experiencing homeless to treatment

Entrepreneur

Transworld Business Advisors is a franchise consulting service for people looking for a more efficient and effective way to research the world of franchising before making an investment into a franchise.

Empower Small Business Success as a Transworld Advisors Franchisee!

The objection to the sale comes from the office of the U.S. Trustee, an arm of the Department of Justice that oversees the administration of bankruptcy, with the stated mission of promoting “the integrity and efficiency of the bankruptcy system for the benefit of all stakeholders.”. But Fisker has...

Fisker has one major objector to its Ocean SUV fire sale

Las Vegas, NV

As the mercury rises, so does the stress on your car, especially in places like Las Vegas where triple-digit temperatures are the norm during the summer. A local driver, Frieda Vallejos, shared with KLAS-TV how living in Vegas for over 20 years has helped her body adapt to the heat, but unfortunately, the same can't be said for her car. She recently experienced her center console knob melting off—yikes!

A mechanic warns drivers to act now to avoid 'ruining their center console' as a heatwave approaches

NewsBreak

If the music stops, which startup gets a chair? Renegade Partners’ co-founders are finding out

Now, with a second $128 million fund — and a plan to write checks of up to $10 million into 20 startups — Quintini and Wincek...

If the music stops, which startup gets a chair? Renegade Partners’ co-founders are finding out

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