The ex-CEO of Uber is starting small as he gets back into operating a business. He said on Twitter he’s spending $150 million from his new investment fund to buy a company with a boring name, City Storage Systems, that buys distressed real estate and attempts to make it valuable. What Kalanick didn’t say was that CSS was owned by one of his best friends, Diego Berdakin, an entrepreneur and...
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Kickstarter’s Blockchain Plans Risk Challenge From DAOs; Congress’ Meta Concerns
Kickstarter’s planned transition to a blockchain-based platform next year further highlights the growing intersection of crypto and crowdfunding. The crowdfunding site plans to make the switch next year, according to Bloomberg. But that may not be soon enough to compete with blockchain-based groups called decentralized autonomous organizations, or DAOs, which are capturing VC interest and...
Quick Commerce Startup FastAF Valued at $200 Million
Rent the Runway’s Revenue Grew 64% in Q3
‘The Trust is Gone’: Lawmakers Press Instagram Head at Senate Hearing
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