When former YouTube product manager Kevin Xu, known as “Sir Jack A Lot” on Reddit, turned $35,000 into $8 million trading stocks between 2020 and 2022, many people thought his fortunes, and his way of investing, had peaked, just like 2021’s memestock craze had. Xu doesn’t agree, though, and he’s now building a startup for […]
Sir Jack A Lot returns with a startup for retail traders Read More »
The U.S. is facing an accountant shortage. Fewer first-time candidates took the CPA exam in 2022 than in 2006, according to the American Institute of Certified Public Accountants. One possible reason people aren’t as interested in the field is the large amount of drudge work involved: Accountants have to rifle through large amounts of unstructured
Materia looks to make accountants more efficient with AI Read More »
We all know the feeling when we send a funny TikTok video, anticipating a response from a friend, only to receive a basic laughing emoji or, worse, no reaction at all. Seen aims to solve this with its new social app, where friends record a live video reaction to content you send them. The video
Meet Seen, a new app for friends to record reactions to TikToks and other content Read More »
Steve Case is no stranger to how policy can help aid innovation. His former company AOL would have been dead in the water if not for the Telecommunications Act of 1996, which required telecoms companies to open access to their tech. Now, Case is hoping the federal government will look to take the same stance
Golf has exploded in popularity in recent years thanks to the pandemic and the popularity of Netflix’s Full Swing documentary series. More than 531 million rounds of golf were played in the U.S. in 2023 alone, according to the National Golf Foundation. Because of this surge in interest, golfers are finding that nabbing a tee
Loop Golf looks to take the stress out of booking a tee time Read More »
StepStone raised the largest fund dedicated to investing in venture secondaries ever, the firm announced last week. This fundraise doesn’t just say a lot about StepStone’s venture secondaries investing prowess, but also about how LPs are thinking about the current venture market. The fund, StepStone VC Secondaries Fund VI, raised $3.3 billion. This marks a
Amazon says that it will commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon’s second AWS Generative AI Accelerator program, aims to position AWS as an attractive cloud infrastructure choice for startups developing generative AI models to power their products, apps and services.
Amazon says it’ll spend $230 million on generative AI startups Read More »
Washington, D.C., may be the hub for legislation and regulation that affects startups, but many people in the city don’t know anything about one of the more prominent accelerators fueling the industry: Y Combinator. Speaking at a TechCrunch Strictly VC event on Tuesday evening, YC Head of Public Policy Luther Lowe said the startup incubator
DC’s political class doesn’t know Y Combinator exists, but it’s trying to change that Read More »
Dogs are the most popular pet in the U.S.: 65.1 million households have one, according to the American Pet Products Association. But while cats are not far off, with 46.5 million households with one, a lot of innovation in the pet category has focused exclusively on dogs. And even if the service serves both species,
When Bowery Capital general partner Loren Straub started talking to a startup from the latest Y Combinator accelerator batch a few months ago, she thought it was strange that the company didn’t have a lead investor for the round it was raising. Even stranger, the founders didn’t seem to be looking for one. She thought
In 2024, many Y Combinator startups only want tiny seed rounds — but there’s a catch Read More »
