Startups

Nectir lets teachers tailor AI chatbots to provide their students with 24/7 educational support

Over a hundred colleges and high schools are turning to a new AI tool called Nectir, allowing teachers to create a personalized learning partner that’s trained on their syllabi, textbooks, and assignments to help students with anything from questions related to their coursework to essay writing assistance and even future career guidance.  The company announced […]

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Federal prosecutors have charged another Forbes 30 Under 30 alum with fraud

The FBI unsealed an indictment yesterday that alleges Joanna Smith-Griffin, founder of the AI startup AllHere Education, engaged in “securities fraud, wire fraud, and aggravated identity theft in connection with defrauding investors” out of nearly $10 million. The FBI claims she misrepresented her company’s revenue, customer base, and cash to investors from at least November

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In 2023 VCs returned the lowest level of capital to their investors since 2011

It’s no secret that the venture capital industry is facing a liquidity crisis as IPOs and other exits remain few and far between after 2020 and 2021’s record-breaking years. Now, we have numbers that show just how bad it’s gotten. In 2023, the U.S. VC industry invested $60 billion more into startups than it collected

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Consumer tech is bouncing back, and consumer founders like Brynn Putnam are bouncing back with it

When Brynn Putnam sold her last company, Mirror, to Lululemon for $500 million at the start of the pandemic, it looked to this editor like she’d sold the smart fitness company too soon.  Instead, the timing proved brilliant. The home fitness craze crashed nearly as abruptly as it peaked during that first year of lockdowns.

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‘Hawk Tuah’ girl launches Pookie Tool, an AI-powered dating advice app, and it’s fine?

Haliey Welch, the 22-year-old who went viral for her “Hawk Tuah” video, has managed to turn her brief moment of fame into a full-fledged career. In just a few months, Welch has rapidly risen to fame, amassing around 5 million followers across various social media platforms.  After recently releasing her own podcast titled “Talk Tuah,”

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General Catalyst and Khosla Ventures back data mapping startup Lume

Data integration is a necessary part of many workflows from onboarding customer data to exercising payroll, but for many data sets the process is long and manual. Data is siloed into databases and SaaS applications that each keep the information in different formats, which makes it difficult to move information from one database to another.

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