Funding
Lateral's Richard de Silva on Bootstrapped AI Relevancy
Lateral's Richard de Silva explains why bootstrapped businesses are more relevant than ever, especially with AI lowering entry costs and changing the startup landscape.
news.crunchbase.com
A source referenced in Runway Months coverage of Startups. Stories crediting this source are aggregated and rewritten by the Runway Months editorial team, linked to the original report where available.
Sectors
Apple Cuts 200 Jobs, TikTok Loses 75, Netflix Shuts Studios
Apple, TikTok and Netflix announced recent layoffs and closures, with Apple reducing 200 roles in Vision and Siri, TikTok cutting 75 employees in Seattle, and Netflix shutting down Night School Studio and planning to close Moonloot. The Crunchbase Tech Layoffs Tracker reports 410 U.S. tech jobs cut in the week ending Aug. 26, 2026, and provides a year-by-year comparison of layoffs from 2022 to 2026.
Funding
Harvey Raises $1.2B, Eyes $500M Round
Harvey, the AI-focused legal tech firm, has secured $1.2 billion in funding and is targeting an additional $500 million at a $15.5 billion valuation. Legora and Clio also topped the charts with $600 million and $1.4 billion respectively. Twelve legal-tech startups raised $50 million or more this year, with eight of the largest rounds being Series A or B. Legora and Harvey have been active acquirers, while Wolters Kluwer bought Brightflag for $500 million and Libra for $105 million. The sector co
Sectors
Tabs Founder Ali Hussain
Ali Hussain, a humanities graduate, built his fintech startup Tabs into a $400M company
