Allbirds is selling for $39 million. It raised nearly 10 times that amount in its IPO.
The collapse of the brand, which was originally venture-backed and that went public in 2021, has been well-documented.
The Download: plastic’s problem with fuel prices, and SpaceX’s blockbuster IPO
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Fuel prices are soaring. Plastic could be next. As the war in Iran continues, one of the most visible global economic ripple effects has been fossil-fuel prices. But looking ahead, further consequences could…
Your Team Doesn’t Need a ‘Work Family’ — It Needs This System That Holds Up When It Counts
If calling your company a “family” feels good, wait until you miss a number — real cultures aren’t built on sentiment, but on clarity, ownership and how teams perform when it counts.
15% of Americans say they’d be willing to work for an AI boss, according to new poll
According to a Quinnipiac University poll, 15% of Americans say they’d be willing to have a job where their direct supervisor was an AI program that assigned tasks and set schedules.
Popular AI gateway startup LiteLLM ditches controversial startup Delve
LiteLLM had obtained two security compliance certifications via Delve and fell victim to some horrific credential-stealing malware last week.
Former Coatue partner raises huge $65M seed for enterprise AI agent startup
A few things turned investors’ heads and drew them to participate in such a big round out of the gate.
15% of Americans say they’d be willing to work for an AI boss
Your human manager may soon be a chatbot. Across organizations, AI is being used to replace layers of management in what some are calling “The Great Flattening.”
Nvidia CEO Jensen Huang Never Has One-on-One Meetings With His 60 Direct Reports — Here’s Why
Huang’s leadership structure is intentionally extreme by traditional standards.
Air Canada’s CEO Will Resign After Making One Critical Mistake Following a Fatal Crash
Michael Rousseau released a condolence video after a fatal runway collision that was almost entirely in English.
As a VC, I Can Predict a Startup’s Success in Minutes — And It Comes Down to 3 Traits (Not the Deck)
In venture capital, the deck is theater. The real signal comes from the founder sitting across the table. Three traits can reveal more about a company’s future than any slide ever will.
As more Americans adopt AI tools, fewer say they can trust the results
AI adoption is rising in the U.S., but trust remains low, with most Americans concerned about transparency, regulation, and the technology’s broader societal impact, according to a new Quinnipiac poll.