Deal Dive: I think I know why this company can’t land a deal
It’s not surprising Victory Park Capital can’t find a buyer for its stake in Perch; this market is tough for Amazon aggregator startups.
The AI industry has taken a doomer turn. What now?
This story appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. This weekend, Dario Amodei, CEO of Anthropic, posted an essay calling for a brake on the pace of development of LLMs. Amodei cites the looming dangers he sees from the technology, from its…
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Scheduling Time on Your Calendar to Disconnect From Work
Work is such an integral part of our lives. If you’re working a 40-hour week, that’s nearly a quarter of your life spent just working. That is a significant portion…
Fintech faces its reckoning: It’s only a matter of time until the house of cards collapses
The fintech business models that wooed consumers look increasingly tenuous. It’s only a matter of time until the house of cards collapses.
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Should Kids Financially Support Their Parents When They Retire?
Modern Western society has expectations when it comes to retirement. Ideally, couples of retirement age should have a large enough nest egg to support them in their twilight years, meaning…
Should Kids Financially Support Their Parents When They Retire?
Modern Western society has expectations when it comes to retirement. Ideally, couples of retirement age should have a large enough nest egg to support them in their twilight years, meaning…
Income Stock of the Week: Steelcase (SCS)
Welcome to the brand new feature of StockNews.com where investing expert, Jay Soloff, will highlight his Income Stock of the week. To kick things off Jay has selected Steelcase (SCS)….
Why Are Stocks Weak Again?
The fun of the 2023 bull rally is over. Now we are in a more volatile period where what happens next for the S&P 500 (SPY) is not so clear….
Roblox is launching avatar-based voice calls with facial motion tracking
At its annual developer’s conference, Roblox detailed its near-future plans to expand beyond its identity as a game platform for kids. The company is already pushing into new demographics — Roblox announced that it would foster mature content for 17+ users earlier this year — and a new animated video calling product launching later this […]
Exclusive: Cendana Capital closes on $470M more to back seed-stage fund managers
Michael Kim of Cendana Capital is often a first call for emerging seed-stage fund managers. Cendana has invested in many VC teams that have gone to enjoy great success – like Forerunner Ventures, K9 Ventures, and IA Ventures. Thanks to its own backers, Cendana keeps replenishing its supply of investing capital, too. Indeed, Kim tells […]