Samsung, the South Korean smartphone and memory chip supplier, has forecast operating profits of 12.3 trillion South Korean won ($10.65 billion) for the third quarter of this year, The Wall Street Journal reported. That already beats an average analyst forecast of around 10.1 trillion won, the newspaper said. Samsung’s full earnings for the third quarter will be released at the end of this...
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The Relationship Model Is Killing Venture Capital

The social and racial homogeneity of the venture capital industry has long been a source of frustration for entrepreneurs and investors alike. In recent years, this frustration has boiled over into a full-fledged movement, with a growing chorus of voices arguing that venture capitalists are destroying value by overlooking founders from swaths of the population including women, people of color...
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