We thought the internet was going to be great for equality, freedom, and maybe even human rights, but now we're not so sure. Turns out, the internet is great for propaganda. And totally unraveling democracy.
Partnering beyond your borders — something many of the world’s leading multi-sided businesses and online marketplaces already engage in — is becoming a low-friction way for those in less developed countries to add their value to the global economy. So what’s keeping businesses from getting contributions from emerging markets, and how do they overcome those obstacles? Read More
Public market investors have the luxury of being able to make, invest and move their money anywhere they’d like. But the same isn’t true for startup investors, who, if conventional wisdom is to be believed, tend to invest relatively close to home. Read More
Logistics transportation company Lori Systems won best of show at TechCrunch’s Startup Battlefield Africa after gaining majority votes of the event’s 15 judges. The Kenyan based venture pitched its platform to optimize all points of the cargo delivery supply chain―from the trucks, to the suppliers, to invoicing and costs. Co-founded by South African Josh Sandler and Kenyan… Read More
Though lots of moving parts have to be corralled together in order to found, expand and manage a business as large as Audible.com, founder Donald Katz would argue that the key component to his company’s success is this: People love a good story and they love it even more when it’s delivered conversationally. Read More
Last Friday, Bloomberg reported a sheaf of Lyft’s financials that paint a reasonably-sharp picture of the ridesharing company’s past and expected business performance. The short version, as you certainly expected, is that Lyft is growing quickly and loses money. The company, as you certainly expected, also expects to keep expanding its revenue while slowing its losses,… Read More
While social media continues to be humanity's greatest and most toxic of dumpster fires, the tech industry did manage to do some good this week. Researchers discovered that molten quarks can produce eight times the energy as the hydrogen bomb, Ford b…
A taxi-hailing app. A transplant device developer. An online mortgage provider. Those businesses may have little in common, but one shared thread is that U.S. startups in these sectors have all secured large funding rounds led by Russia-based investors. They’re not alone. Over the past seven years, Russia-based e investors have participated in more than 300 funding rounds for… Read More