August 2023

Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 million in follow-on funding. Now two years later, despite a much […]

Yelp Top 100 winner, Sandra’s Next Generation, dishes on how its soul food has enraptured customers for 34 years—and entrepreneurs of all ilks can incorporate their tactics for business success.

WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue as a going concern.” WeWork has faced a number of challenges for years now and with so many companies abandoning office space and more people being […]

Lyft has been cutting fares in order to secure more riders, and it’s working. Bu that success has come with a (literal) cost. The ride-hail company reported Tuesday during its second quarter 2023 earnings an increase in riders and decrease in revenue per active rider. That discrepancy was fueled by a decision by the company to […]

Lyft made less money per active rider in the second quarter — something that might normally give investors pause. Yet, the ride-hailing giant’s stock price initially rocketed nearly 14% in after-hours trading following its Q2 2023 earnings report. The stock then shed its after-hours gains shortly before this story went live. Lyft’s enthusiastic investors seemed […]

Among the fined banks, Wells Fargo faces the steepest penalty at $125 million.

What should startups do when their runway is ending, investors are disappearing, and options for more capital dwindle?

Rivian gained positive momentum in the second-quarter and beat Wall Street expectations as the company ramped up EV sales, narrowed losses, reduced costs and shored up its supply chain. Rivian struck a confident tone in its second-quarter earnings, which was released after markets closed Tuesday, even raising its production guidance for the year from 50,000 […]

Instead of interrogating my little one, media trainer and PR expert, Jessica Abo, took a more curious approach when her 5-year-old cut her hair. Here’s what the lesson can teach us.