Binance is making a $200 million investment in Forbes, CNBC first reported, marking the first big traditional media investment by a crypto company. The funding is expected to help the media company close its merger with a special purpose acquisition company this quarter, according to the report. The crypto exchange will become one of the top two investors in the media company and get two out...
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Creator Economy startups
The Lessons From MasterClass
Paris here. Yesterday, we published a story about MasterClass’ post-pandemic woes. MasterClass, like many startups, spent wildly when times were good, then got caught flatfooted when its pandemic-era gains didn’t continue. Its evolution says something about the position many creator economy darlings now find themselves in. For a while, it had seemed like MasterClass could be the poster...
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