August 30, 2023
Latin American Startups Slash Staff as VC Funding Falls
A sharp decline in venture capital has reportedly battered Latin America’s startup sector. Two-thirds of startups in that region have cut staff in the last 18 months as VC investments have dropped,...
August 30, 2023
Goldman’s GreenSky Sale Has Implications for FinTech ‘Exit Strategies’
Goldman Sachs’ sale of its FinTech lender, GreenSky, is reportedly close to being a done deal. As reported this week, the company is, per Bloomberg, drawing interest from the private equity realm...
August 29, 2023
Globalstar Names XCOM Labs Founder Paul Jacobs as CEO
Globalstar, an international telecom infrastructure provider, has named Paul Jacobs as its new CEO. Jacobs, the founder and CEO of XCOM Labs and former CEO and executive chairman of Qualcomm, brings a wealth of wireless...
August 29, 2023
PepsiCo to Invest $175 Million in Instacart as Food Brands...
As online grocery grows, brands, retailers and third-party platforms alike are looking to grow their share in the category, and with PepsiCo’s major investment in Instacart, the food and beverage...
August 28, 2023
Kenyan Lender Credit Bank to Raise $6.89 Million Through IPO
Kenyan lender Credit Bank reportedly plans to raise 1 billion shillings (about $6.89 million) through an initial public offering (IPO) on the Nairobi Securities Exchange (NSE). The move would mark the first IPO on the NSE...
August 28, 2023
How Instacart is Shaping The Next Generation of Grocery Shopper
Instacart filed its S-1 on Friday, August 25 — and with it came a glimmer of hope that the 18-month tech IPO drought may be ending. EquityZen’s head of market...
August 28, 2023
Hush Puppies Retailer Pivots as Consumers Embrace Fashionable Sports Footwear
The convergence of casualization, comfort, and personalization has become a potent force, reshaping the way people perceive and interact with brands. The modern consumer is seeking more than just clothing...
August 27, 2023
Robot Waiters Delight Korea’s Restaurants but Not Its Robotics Firms
Robot waiters from China have become popular with Korean restaurateurs dealing with a labor shortage. Less enthused about the autonomous servers, the Financial Times (FT) reported Sunday (Aug. 27) are South...
August 27, 2023
Klaviyo Plans to Take Marketing Automation Platform Public
Marketing automation firm Klaviyo says it plans to go public. The company filed paperwork Friday (Aug. 25) with the Securities and Exchange Commission (SEC) announcing its intent to list on the New York Stock Exchange. Founded...