In case you weren’t sure how Microsoft felt about AI, CEO Satya Nadella is here to tell you: they like it. They like it a lot. In the company’s annual report, he pens a letter to shareholders bigging up AI in every way. And it’s not hard to see why: He clearly believes this is…
Good morning, and welcome to Friday! Atlassian’s purchase of Loom last week raised eyebrows, and not just because it missed unicorn status by a hair. But overall, it makes sense that Atlassian bought it. “Teaming and collaboration is moving to async video, and that was the one big piece missing for Atlassian,” Constellation Research’s Ray…
Rich Paul has negotiated billions of dollars worth of contracts in the NBA…
Shoppers detail their first-hand experiences…
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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:…
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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…
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