Startups

Tesla makes Musk best-paid CEO of all time and Fisker bites the dust

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Elon Musk just convinced Tesla shareholders to approve his $56 billion pay package, making him the highest-paid CEO in history — assuming he can dodge a […]

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Khosla-backed Marble, built by former Headway founders, offers affordable group therapy for teens

Rates of depression, anxiety and suicidal thoughts are surging among U.S. teens. A recent report from the Center of Disease Control found that nearly one in three girls have seriously considered suicide, and a significant number, 13% have actually attempted it. Psychologists have various theories about what’s causing adolescent mental health crises.   Some blame the

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Kevin Hartz’s A* raises its second oversubscribed fund in two years

Venture firms raised $9.3 billion in Q1 according to PitchBook data, which means this year likely won’t match or surpass 2023’s $81.8 billion total. While emerging managers are feeling the fundraising market’s frost the most, some emerging VCs like A* have enough name recognition, and a good enough track record, to still find success. A*,

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Roots introduces a screen time app for tracking ‘digital dopamine’

As the U.S. Surgeon General is calling for a warning label on social media sites, similar to those found on tobacco products, one startup is launching a set of new tools that put the power to fight app addiction into users’ own hands. Designed for iOS, Roots offers an improvement over traditional screen-time apps by

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Hero wants to save the day for companies facing a working capital crunch

Hero, a new fintech startup based in Paris, is announcing an €11.3 million all-equity funding round led by Valar Ventures ($12.2 million at today’s exchange rate). For the past couple of years, the company has been quietly building an ambitious banking product for small companies that can essentially replace everything you’d expect from a traditional

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SurrealDB is helping developers consolidate their databases

Brothers Tobie Morgan Hitchcock and Jaime Hitchcock spent years building cloud-based software-as-a-service (SaaS) systems together, ranging from tools to let golf courses measure “golfer engagement” to online platforms designed to assess job candidates. While the systems they built had wildly different functions, the unifying thread running through all of them was a dependence on databases

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After 20 months of trying to raise funds, insurance startup Loop cuts staff

Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising.  Henry took to Instagram to post the email his co-founder Carey Nadeau sent to impacted staff on June 16th. Nadeu also posted the letter to LinkedIn. It stated that this was the “absolute

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Today’s your last chance to apply for the Startup Battlefield 200

Today’s the day, startup founders. It’s your final opportunity to join Startup Battlefield 200, the world’s preeminent startup competition, at TechCrunch Disrupt in October. It’s your last chance to launch on a global stage like 900+ other Startup Battlefield companies have, including Vurb, Trello, Mint, Dropbox, Yammer, TripIt, Redbeacon, Qwiki, Getaround and Soluto. Startup Battlefield

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Privacy app maker Proton transitions to non-profit foundation structure

Proton, the Swiss company behind a suite of privacy-focused apps such as ProtonMail, is following in the footsteps of Signal and Mozilla by transitioning to a new non-profit foundation model. The newly setup Proton Foundation will serve as the main shareholder to the existing corporate entity that is Proton AG, which will continue as a

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