China’s Kuaishou shut down its U.S. short video app Zynn, which tried to compete with TikTok. Zynn , which gave users cash and gift rewards for referring more users, briefly topped U.S. download charts last year when the U.S. government was seeking to ban TikTok. In China, Kuaishou’s Chinese video app competes with TikTok owner ByteDance’s Douyin app. Kuaishou will continue to operate in...
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The Weekend Crypto Venture Capital
The La La Land Life of Venture Capitalist Brianne Kimmel
Hi, welcome to your Weekend! It’s peak out-of-office message season in Silicon Valley, and not just because of the Fourth of July weekend. Tech layoffs are popping off everywhere. Venture dealflow has slowed to a crawl. The economic headwinds are fierce and giving certain people super bad feelings. Plus, after two-plus years of pandemic-driven insanity, the people of tech may...
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