elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here.
We won’t be getting our hands on a Shein filing just yet, but we can’t wait to — especially to understand the logic and math behind its ubiquitous ads. But in the meantime, we landed on some unexpected tidbits from Molten Ventures, which will be of interest to both VCs and founders.
By the way, if you plan to be in San Francisco on January 24, that’s your opportunity to join StrictlyVC’s first event of 2024. There, you’ll get to hear exclusive insider content from the Silicon Valley VC scene while creating meaningful connections over cocktails with fellow investors, entrepreneurs and executives. Buy your ticket today! — Anna
Lights and shadows
Fast-fashion platform Shein confidentially filed to go public in the United States, according to multiple media reports that consolidated earlier rumors. A few weeks ago, Bloomberg suggested that it was targeting a valuation of up to $90 billion.