True Ventures

This AI-powered startup studio plans to launch 100,000 companies a year — really

AI /

Henrik Werdelin has spent the last 15 years helping entrepreneurs build big brands like Barkbox through his startup studio Prehype. Now, with his new, New York-based venture Audos, he’s betting that AI can help him scale that process from “tens” of startups a year to “hundreds of thousands” of aspiring business owners. The timing certainly […]

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Smashing, the reading curation app by Goodreads’ founder, shuts down

Apps /

Building an app dedicated to helping people aggregate and read news, articles and social media posts in one place is apparently a tough proposition these days. Smashing, an AI-powered app that lets users curate the news and posts they’d like to read, is shutting down, seemingly because of its inability to scale rapidly enough. “We

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Insurance provider Understory gets into renewable energy following $15M Series A

Fundraising /

Back in 2014, Understory co-founder and CEO Alex Kubicek was on a mission to deploy a network of ground-level weather stations to track weather in real time and anticipate needs, for example, in terms of committing resources to an area after or during a storm. At the time, Kubicek teamed up with Bryan Dow to

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