Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation

Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing backer Founders Fund co-led the raise, which also included participation from new backers Sequoia Capital, Greylock and 8VC. Other existing investors Thrive Capital, General Catalyst, Sands Capital,…

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Open source Substack rival Ghost may join the fediverse

Ghost, the open source alternative to Substack’s newsletter platform, is considering joining the fediverse, the social network of interconnected servers that includes apps like Mastodon, Pixelfed, PeerTube, Flipboard and, more recently, Instagram Threads, among others. According to a post from Ghost founder John O’Nolan, the company — which is structured as a nonprofit — is considering…

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