Does Your Startup Have Enough Runway? Five Factors to Consider “We just have two months of runway left,” the CEO remarked calmly on a recent investor call. The fact that we were on Zoom couldn’t…
Universal Healthcare – a Health Care System Universal healthcare (also known as universal health coverage, universal coverage, or universal care) is a health-care system in which all people of a specific country…
‘We Probably Pissed Away $200 Million,’ Better.Com CEO Told Employees in Layoffs Meeting The startup industry was stunned when Better.com CEO Vishal Garg lay off 900 people in early December, accounting for around 9% of the company’s workforce.…
Visa Unveils First Innovation Hub in Africa to Drive Product Development Visa has opened its first African innovation centre in Kenya, with the goal of accelerating product development across Africa. Visa’s internal and external clients, developers,…
Why a 35-Year-Old Travel IT Company Decided To Slash Its Technical Debt Amadeus, a supplier of public travel services, first opened its doors in 1987, when four airlines wanted to offer a consolidated booking system. Today, the…
Elon Musk Promises Widespread Rollout of Tesla FSD Beta This Year Tesla CEO Elon Musk announced Thursday night that the firm aims to provide its “full self-driving” beta software to all North American customers who paid…
Boba Networks Raises at $1.5B Valuation for Its Take on an ‘Optimistic’ Ethereum Scaling Solution A scalability solution for Ethereum Boba Networks announced on Tuesday that it had secured $45 million from a group of investors that included Crypto.com, Huobi,…
Three Ways Deep Tech Founders Can Climb Out Of Pilot Purgatory In 2018, Lux Capital’s Shahin Farshchi and I talked about the emergence of alternative proteins over coffee and other topical issues. Shahin asked me what…
Wale Ayeni, Head of VC Investments for IFC in Africa, Middle East and Central Asia, Is Leaving the Firm Wale Ayeni, the International Finance Corporation’s (IFC) regional head of venture capital investments in Africa, has left the organization, according to TechCrunch. After more than…
Water Utilities Benefit from Collaboration According to studies that employed supercomputer models of water supply in the North Carolina Research Triangle, inter-utility water agreements can help alleviate hazards. The findings…
Grover Grabs $330M to Double Down On Circular Economy with Consumer Electronics Subscriptions As people become increasingly concerned about the environment and what we humans are doing to dirty it, a rising number of individuals are seeking for…
Fanatics Reveals NFL Was Biggest Backer in $1.5B Round Announced Last Month at $27B Valuation Fanatics, a sports merchandising behemoth located in Jacksonville, Fla., stated today that the NFL was the “single biggest investor” in the company’s most recent round,…