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Techstars is laying off 17%, ending its J.P. Morgan-backed programs


Techstars is cutting 17% of its staff and will end its $80 million J.P. Morgan-backed Advancing Cities Program once the fund is completely deployed.

Just three months after Maven’s public launch, Kenneth Stanley — the former OpenAI researcher who co-founded the social media platform designed to facilitate serendipitous interactions — is stepping down. Hewlett Packard Enterprise’s (HPE) planned $14 billion acquisition of Juniper Networks is one step closer to completion — the U.K.’s Competition and Markets Authority (CMA) has confirmed that the deal… New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch.

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