Venture

AI illusions and navigating The Money Trap with Alok Sama

Venture /

On today’s episode of Equity, Rebecca Bellan sat down with Alok Sama, a Morgan Stanley veteran and former president and CFO of SoftBank Group International. They discussed the latest Apple tech announcements, Sama’s views on the AI hype cycle, and changes to the technology investment landscape since the dot-com era. He also provided insights from […]

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Fearless Fund is shutting down its contested Strivers Grant program

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Venture capital firm Fearless Fund and the American Alliance for Equal Rights (AAER) have entered into a settlement agreement that will see the firm shutting down its Strivers Grant program. The program, initially sponsored by Mastercard, aimed to provide $20,000 to small businesses owned by Black women. But Fearless Fund was sued by AAER, run

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Mira is helping fill the hormone knowledge gap for women and the medical industry

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Hormones play a massive role in when and how easily women can get pregnant, but research and resources in this area are lacking. Mira is looking to change that. Mira is an at-home, palm-sized hormone testing device women use to test their urine for their hormone levels. Mira’s corresponding app deciphers their results and spots

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Qualifyze swallows $54M to improve pharmaceutical supply chains

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In the world of pharmaceuticals, companies aim to operate under GMP guidelines — a set of production and manufacturing measures to assure standards for medicinal products. But too often, the realities can be anything but that.  “Officially, GMP stands for ‘Good Manufacturing Practices,’” said Dr. David Schneider, the founder and CEO of Qualifyze. “But people

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Here’s the full list of 35 US AI startups that have raised $100M or more in 2024

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For some, AI fatigue is real — but clearly venture investors haven’t grown tired of the category. In the first half of 2024 alone, more than $35.5 billion was invested into AI startups globally, recent Crunchbase data found. Five of the six venture rounds of more than $1 billion raised in the first half of

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Startups are getting fined, or sometimes banned, by individual states

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In 2022, Carta’s business license was revoked in Illinois for failing to pay franchise tax, a tax on national corporations doing business in the state, according to state records seen by TechCrunch. In 2024, Washington state terminated cap table software Pulley’s business license, according to state filings. Carta spokesperson Amanda Taggart told TechCrunch that the

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Andreessen Horowitz shutters its Miami office after two years

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Andreessen Horowitz (a16z) has closed a satellite office in Miami Beach just two years into a five-year lease it signed for an 8,300-square-foot space. The reason? Disuse, reports Bloomberg. Miami — once a hotspot for crypto, an area of interest for a16z — has struggled to retain venture cash and entrepreneurial talent in recent years,

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