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Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. For VCs, market size is crucial, because it becomes a proxy for how big a company could possibly get, which in turn is a measure of how big the return on investment could be. That only works in well-defined industries:…

Sidebar, a company developing a group coaching program focused on driving individual career growth, today announced that it raised $13.55 million in a seed round from investors including Foundation Capital, Scribble Ventures and Pinterest co-founder Evan Sharp. Former Facebook product manager Lexy Franklin founded Sidebar after running into challenges finding supportive peer groups while at…

New York Attorney General Letitia James filed a lawsuit against three crypto companies: Gemini Trust Company, Genesis Global Capital and its affiliates and Digital Currency Group (DCG) for allegedly defrauding investors of over $1 billion, according to a statement on Thursday. The lawsuit also brought charges against Genesis former CEO Soichiro “Michael” Moro and DCG’s…

Raising capital is never easy, and the past few years have been particularly tough for startups. But there are signs that the tide may be starting to turn, as some founders are starting to get optimistic about their fundraising chances again. But not everyone. A new January Ventures survey of 437 pre-seed and seed-stage founders…

The second-hand retail market has a spotlight on it amid increased consumer comfort in purchasing previously used items in recent years and the fact that the fashion industry accounts for a lot of waste in landfills. As such, reports forecast that the global resale market, also known as recommerce, is poised to reach about $350…

Israel is in discussions with SpaceX to roll out Starlink internet services, especially for communities near the conflict zone, an Israeli official said Tuesday. Starlink currently isn’t available in Israel, so this would be the first time the service is introduced in any capacity. As it seeks to bolster its own communications during wartime, it…

Amazon’s 10,000 Rivian-made all-electric van are delivering packages throughout the United States, the e-commerce company revealed Tuesday evening during its Delivering the Future event. Amazon, which owns a stake in Rivian, reached a deal with the automaker in 2019 to have at least 100,000 electric delivery vans on the road by 2030. The order is…

Nvidia and Foxconn are working together to build so-called “AI factories,” a new class of data centers that promise to provide supercomputing powers to accelerate the development of self-driving cars, autonomous machines and industrial robots. Nvidia founder and CEO Jensen Huang and Foxconn chairman and CEO Young Liu announced the collaboration at Hon Hai Tech…

Tesla has already cornered the electric vehicle market in the U.S. Now, it’s calling for stricter regulations that will give it even more of an edge. The Elon Musk-owned automaker is urging the Biden administration to adopt tougher fuel economy standards than regulators have proposed, a move that is likely to irritate legacy automakers like…