“Venture capital” is semantically equivalent to “dangerous money,” which is part of its mystique. Essentially, VC is a high-stakes extreme sport in which top players can accumulate startling amounts of wealth and power. And sometimes, … Read more
Lucid Group, the publicly traded EV manufacturer, has launched a new high-performance luxury brand called Sapphire that pushes the bounds of performance and price. As part of the public debut, which occurred Friday morning at … Read more
Faire, an online marketplace that gives local retailers a way to buy wholesale from independent brands around the world, launched in 2017. That means the company, recently valued at $12.59 billion, has been navigating the … Read more
Last month, Andreessen Horowitz — one of venture capital’s largest and most prominent players — announced that its “headquarters will be in the cloud” going forward. Founded in 2009 in Menlo Park, California, the firm … Read more
Rivian is discontinuing the cheapest trim level of its all-electric truck and SUV known as the Explore package due to low demand, according to emails sent this week to customers. The company said in the … Read more
Crypto enthusiasts promise to build a decentralized money system that allows people to freely trade without any intermediary intervention. It’s a rosy picture, but recent events of security vulnerability indicate that the decentralized world might … Read more
Mining cryptocurrency is no easy task, but neither is finding a co-founder who is savvy and resilient enough to withstand the sector’s volatile nature. Whether you’re mining for a co-founder or your next round of … Read more
To play on a Langston Hughes poem — what happens to a Black founder ousted? Are they forgotten, like words on the tip of one’s tongue? Or revered like a deity and then thrown to … Read more
To celebrate the premiere of HBO’s highly anticipated “Game of Thrones” prequel, “House of the Dragon,” HBO Max is partnering with Snap to give users access to in-app AR experiences. For the show’s premiere on … Read more
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week, Natasha was joined by TC+ reporter Rebecca Szkutak to wade through … Read more
