Family offices invest a substantial amount of capital in startups each year. In the first half of 2023, 27% of overall startup deal value came from deals that included a family office investor, according to a recent report from PwC.
Buying a home has always been complicated. You have to figure out how much money to put down and how that down payment will affect a monthly mortgage bill. Then there are the closing costs and fees. Kevin Bennett launched Further to try to help make the financial process easier to navigate — especially for first-time buyers.
While many venture investors, and likely their LPs, were hoping IPOs were going to come back in 2024, that hasn’t happened and isn’t likely to in the next two months.
Ro co-founder and CEO Zachariah Reitano said while he’d “never say never” about potentially taking the seven-year-old telehealth company public, he thinks the benefits of being a private company are growing.
The data center industry is expanding rapidly to keep up with the flywheel growth of AI. While these data centers are necessary AI infrastructure, they store an AI company’s compute, they are expensive to build, seemingly more so to run, and they are a huge energy suck. Startups are looking to make data centers more efficient and sustainable, but it isn’t that simple.
For some, AI fatigue is real — but clearly venture investors haven’t grown tired of the category.
The IPO market has not roared back in 2024 as many investors hoped it would — not yet, at least. Elevated interest rates (this week’s 50 bps rate cut notwithstanding) and uncertainty related to the U.S. election have prompted many companies to stay private and wait for better market conditions.
Nick Frosst, the co-founder of $5.5 billion Canadian AI startup Cohere, has been a musician his whole life. He told TechCrunch that once he started singing, he never shut up. That’s still true today. In addition to his full-time job at Cohere, Frosst is also the front man of Good Kid, an indie rock band composed entirely of programmers.
Silicon Valley startup accelerator Y Combinator will expand the number of cohorts it runs each year from two to four starting in 2025, Bloomberg reported Thursday.
Vinyls are back in vogue and some people are building their CD collections back up in anticipation that they’ll also be cool again, but the fact remains that most people listen to music today using streaming services. Indeed, just two services, Spotify and Apple Music, took up about 45% of the industry’s market share as of 2022, per Statista.
@2025 – All Right Reserved. Designed and Developed Startupnews