3 Big Reasons Why We Shorted Oil Stocks-How We Did It-And Why We Just Covered
Shorting overbought and overhyped oil and oil stocks (XLE) with a levered up but lower cost inverse oil stock ETF (ERY).
Musk v. Altman week 3: Musk and Altman traded blows over each other’s credibility. Now the jury will pick a side.
In the final week of the Musk v. Altman trial, lawyers traded blows over Elon Musk’s and OpenAI CEO Sam Altman’s credibility. Altman was grilled on his alleged history of lying and self-dealing involving companies that do business with OpenAI. But he fired back, painting Musk as a power-seeker who wanted to control the development…
To attend or not to attend: We asked 52 founders whether events are useful or a waste of time
There are many founder-focused events but are they actually helpful or just a distraction? Founders need to strike a balance.
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Zendesk emerges from last year’s turbulence with strong outlook
After some recent turbulence, it would be easy to think that Zendesk’s overall financial performance suffered as a result, but that really wasn’t the case.
Prosus-backed fast-fashion startup Virgio, valued at $161 million, shuts down
Fast-fashion startup Virgio, founded by former Myntra chief, is shutting down its operations less than a year after raising funds at a valuation of over $160 million, according to two investor sources familiar with the situation. “The fast fashion brand that you have come to love is no longer available,” Virgio says on its website. […]
Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Rainforest raises $8.5M and PayPal gets hit with a lawsuit. We take a look at this and other hot fintech news from the previous week.
Women and underrepresented founders aren’t going to wait for the VC industry to transform itself
You will only have one shot to impress your future financial backers — make sure you are confident and ready.
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Sam Altman backs teens’ startup, Google unveils the Pixel 8 and TikTok tests an ad-free tier
Hiya, folks, and welcome to Week in Review (WiR), TechCrunch’s digest of the past week in tech news. It’s TC’s column that highlights the major stories over the past few days, and — we humbly submit — it’s a darn useful resource for folks on the go. This week, we cover Sam Altman backing a […]