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SoftBank Agrees to 14 Seed Investments in Startups Led by Underrepresented Founders

By Kate Clark
· · Source: The Information

As part of its new accelerator program, Emerge, SoftBank will invest an undisclosed amount in 14 startups led by diverse founders. The new investments represent the mega-fund’s first-ever seed deals. Mogul , which helps organizations advance diverse talent, and Bridge to College , a tool for students and high school counselors to navigate the college admissions process, are among the graduates...

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Katzenberg May Shut Down Quibi as Options Run Short
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Katzenberg May Shut Down Quibi as Options Run Short
By Tom Dotan and Jessica Toonkel
Jeffrey Katzenberg may be nearing the end of the road with his mobile video streaming service Quibi.
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Jeffrey Katzenberg’s video streaming service Quibi is shutting down, said a person familiar with the situation, bringing down the curtain on the short-form video streaming service just six months after it launched.
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On Wednesday, video startup Quibi told its investors that it will shut down, a dramatic collapse of a digital media startup that launched just six months ago.
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The Briefing
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By The Information Staff
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