Overall, 16% of Maven’s portfolio companies have reached a minimum $500 million exit or valuation, which is 10x industry average, the firm said.
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Tesla’s layoffs and executive departures took a bite out its share price this week. The well-known electric vehicle company shed around 10% of its staff, impacting an estimated 14,000 staff or more. Two well-known executives also decided it was time to move on. In response to the news, shares of Tesla lost ground. The company’s […]
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Bay Area artist Danielle Baskin is not a first-time founder – but this is the first time she’s started a tech company that isn’t a performance art piece, or an elaborate joke. Still, she has a tongue-in-cheek tagline to pitch her latest venture: “It’s SaaS for witches.” She’s not kidding. Moonlight is a free online […]
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Substack is adding new capabilities to its Twitter-like Notes feature that bring it more in-line with the social network now known as X. The company announced on Tuesday that users can now post videos directly to Notes in the Substack app and on the web. Users can now also embed Notes on external webpages. The […]
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For those who use WhatsApp more like an inbox, the app will now become more useful. WhatsApp on Tuesday announced a handful of new chat filters for the app to access certain types of messages easily: All, Unread, and Groups. The “All” filter is selected by default and shows you an unfiltered version of your […]
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It may seem like a paradox to have virtualized Kubernetes clusters. They are, after all, an abstraction in themselves of virtual machines made popular by VMware in the early 2000s. Loft Labs saw a similar problem with resource utilization in Kubernetes clusters that VMware saw with server utilization, and has built a virtualization tool to […]
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A ransomware gang called Daixin has taken credit for the breach, and claimed to steal millions of customer records dating back to 2017.
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