Startups

38 consumer startup founders lobby over Trump tariffs: One faces a surprise $200K bill

Startups /

Small businesses could be crushed under President Trump’s increased tariffs, according to an open letter by 38 female consumer product founders. While Trump paused his tariff increases for 90 days for various countries – setting the rate at 10% for now  –  China’s was raised to 145%, which includes the previous 20% levy. In the […]

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Stripe CEO says company management regularly asks customers for ‘candid feedback’

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Digital payments platform Stripe invites customers to join its management team meetings on a bi-weekly basis so it can get “candid feedback,” according to co-founder Patrick Collison. In an April 8 post on X, the fintech giant’s CEO said the company has a customer join for the first 30 minutes of the meeting, which is

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Why Nest co-founder Matt Rogers is still bullish on HVAC

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Back in 2010, when Matt Rogers founded Nest with Tony Fadell, home heating and cooling wasn’t exactly an area you’d think two ex-Apple engineers would be obsessing about.  That fixation defined a new category of product, the smart thermostat, which is now serving as a beachhead for other companies’ smart home ambitions, even as Google

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Fintech founder charged with fraud after ‘AI’ shopping app found to be powered by humans in the Philippines

Startups /

Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on Wednesday, according to a press release from the U.S. Department of Justice. Founded in 2018, Nate raised over $50 million from investors like Coatue and Forerunner Ventures, most recently raising

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Meghan Markle has made another angel investment

Startups /

Meghan is stepping further into the world of business and entrepreneurship.  In an interview with Fortune, Meghan revealed that she is an angel investor in the healthcare company Midi, which provides a virtual platform to help treat women experiencing menopause and other health-related concerns.  She joined the company’s $63 million Series B round last March,

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Inventex founder, an engineer for Coinbase at 14, wants to revolutionize patent applications

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Daniel Ruskin started his career when he was a mere 14 years old as an engineer for Coinbase. As he tells it, he was a teenager “who knew how to code and wanted to build cool things.” Obviously too young to get a bank account, Ruskin did freelance development work he found on reddit in

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Drafted uses AI and video resumes to help early-career professionals land jobs

Startups /

As the job market continues to get more competitive, it’s taking months for new grads to land employment, with many settling for roles that don’t align with their goals. To address this problem, Drafted, a new startup emerging from stealth, has built a jobs platform for students and early-career professionals, a subset of people who

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How a hydrogen explosion led a teenage founder to become Sequoia’s first defense tech investment

Startups /

As Sequoia Capital’s first defense tech investment, Mach Industries is an industry darling, raising over $80 million since its founding in 2023. Its founder, Ethan Thornton, now 21, began Mach as a teenage MIT student before dropping out to focus full-time on his startup. But a few months before landing a seed investment from Sequoia

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