Last year, Jonas Heineman was overseeing a team of commercial project managers as they installed hundreds of electric vehicle charging stations. Heineman’s wife was also pregnant with their first child. Given his busy days and evenings filled with planning for the couple’s growing family, the last thing that Heineman wanted was to spend his “off” […]
Competition takes strength, energy, and focus away from your business, but strategic partnerships bring resources, experience, and enhanced connectivity.
Three years ago Zoom settled with the FTC over a claim of deceptive marketing around security claims, having been accused of overstating the strength of the encryption it offered. Now the videoconferencing platform could be headed for a similar tangle in Europe in relation to its privacy small print. The recent terms & conditions controversy […]
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 […]