July 17, 2023
Ola Electric’s Rapid Growth Sparks Early IPO Plans
Indian startup Ola Electric Mobility is reportedly in line for an initial public offering (IPO) sooner than anticipated. This change is due to its success in India’s electric scooter market,...
July 17, 2023
Chipotle CTO: AI Could Transform Everything From Food Prep to...
At Chipotle Mexican Grill, automation is slowly taking over kitchens as part of the fast-casual giant’s efforts to boost back-of-house efficiency and mitigate labor challenges. Most recently, the brand announced...
July 16, 2023
Venture Capital Firms Slash ‘Megafunds’ Even Amid AI Boom
Venture capital (VC) outfits are reportedly shrinking their megafunds after years of building them up. As The Wall Street Journal (WSJ) reported Sunday (July 16), these cuts illustrate the way tech...
July 14, 2023
FinTech IPO Index Soars 11.9% as Upstart Gains 29% and...
This past week might be titled “The Great Platform Rally of 2023.” The FinTech IPO Index surged 11.9% through five sessions, led by double-digit gains in all manner of platform...
July 13, 2023
Kim Kardashian’s Skims Chases $4 Billion Valuation Ahead of IPO
Kim Kardashian’s apparel brand Skims could soon be worth nearly $4 billion. The company is in the middle of a funding round that could help it reach that valuation ahead of an initial...
July 12, 2023
Nvidia Considers Investing in Arm’s IPO
Chip designer Arm has recently entered into discussions with Nvidia, the world’s most valuable semiconductor company, to bring them in as an anchor investor while the SoftBank-owned company prepares for...
July 12, 2023
Report: SoftBank Considers US Listing for PayPay Business
SoftBank may be heading stateside to list its PayPay payments business following news that it is considering a U.S. listing. The potential listing is driven by New York’s greater potential of higher valuations for tech...
July 11, 2023
Chipotle’s Pizzeria Shutdown Suggests Not All Foods Can Be Burritofied
As restaurants weigh consumers’ desire for customizable options with their demand for quick, easy meals, Chipotle has found that the build-it-yourself model that has fueled its success does not work for all...
July 11, 2023
Consumers Skip Nightclubs and Sports Bars Despite Improving Finances
As RCI Hospitality Holdings sees sales at its gentlemen’s clubs and restaurants falter, it seems consumers’ years of pent-up demand have finally given way to their budgetary constraints, even as...