Startups

betaworks, the 10-year-old startup studio out of NYC, is today introducing a brand new business in the form of betaworks Studios. Think of betaworks Studios as a membership club for builders, offering entrepreneurs, artists, enginneers/developers, and creatives the space to work on their projects and get to know one another. Builders is the word that
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Uber lost $4.5 billion last year, but CEO Dara Khosrowshahi said he’s not worried. Speaking at the Goldman Sachs Technology and Internet Conference in San Francisco on Wednesday, the newly appointed chief defended the company’s financials, saying that “we can turn the knobs to get this business even on a full basis profitable, but you would sacrifice
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Homebrew is announcing the close of its third fund. This time they’ve raised $90 million, an increase from $50 million in 2015 and $35 million for its debut fund in 2013. Led by Hunter Walk and Satya Patel, the seed-stage venture firm has spent the past five years investing in U.S.-based startups at the onset. Several of
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You probably know Chamillionaire from the song “Ridin,’” but did you know the Grammy Award winner is also a successful startup investor? He has had several favorable outcomes, including Cruise, which sold to General Motors and Maker Studios, which was bought by Disney. Now he’s trying his hand at a startup of his own. If you’re
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If the latest seed-funded startups have their way, this is what your future will look like. You’ll find your mortgage through a company named Morty, refill your contact lenses with Waldo and get your cannabis news from Herb. (Which is not to be confused with Bud, the startup that handles your banking.) Later, you can use Cake Technologies to pay the
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Studio, a startup that delivers coaching, music and competition to treadmill runners’ smartphones and smartwatches, is getting a boost from treadmill maker Life Fitness. Studio founder and CEO Jason Baptiste explained that through this partnership, Studio’s classes will be available on Life Fitness treadmills in gyms, starting with the ones that are equipped with the
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SEC chairman Jay Clayton made clear today that his agency, along with the Commodity Futures Trading Commission, remains acutely concerned about initial coin offerings and cryptocurrency trades. In fact, toward that end, they’d like more expansive powers when it comes to protecting customers on cryptocurrency exchanges from fraud. “When you have an unregulated exchange, the ability to manipulate prices
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Meet ProcessOut, a French startup that automatically routes transactions to the best payment provider. This way, big online services can start using multiple payment providers, pay fewer fees and reduce the number of declined transactions. The startup has just raised $1 million from various business angels, such as BlaBlaCar CTO Francis Nappez, former PayPal Director
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Last month we characterized 2017 as the year Sub-Saharan Africa’s startup scene found its stride. 2018 looks to be the year of numerous VC investments. TPG acquires TRACE January got the funding party started. U.S.-based private equity firm TPG Growth acquired a majority stake (of an undisclosed value) in entertainment company TRACE. TRACE is a global multimedia giant for African
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Nick Montfort is a professor in MIT’s Comparative Media Studies/Writing and the author of a new book, “The Future.” His book explores “future makers” – people who create the future with their work. It’s a fascinating read and he’s a fascinating thinker in the space. Our conversation on Technotopia started with the Norman Bel Geddes,
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Today marks the 52nd Super Bowl, and quite a bit has changed since that first big game. Then, it was called the AFL-NFL World Championship Game. In 1967, the cost of a movie ticket was $1.25, and color TV was just starting to become popular. Today, more than fifty years later, we can now stream
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