Sources: Revolut told new hires they'll have to work in office at least three days a week from next year, retreating from its long-held remote-first approach
Europe's most valuable fintech will require junior staff to spend at least three days a week in the office from next year
A look at some exciting startups from day one of YC's Winter 2024 Demo Day, including those using AI for creating music and helping lawyers review documents
out pops a professional-quality song with your custom lyrics. Britton Winterrose / @bwinterrose : irl YC demo day was just as incredible as i hoped it would be founders, new friends, old friends grate...
Sources: the Sequoia-Klarna spat stemmed from Klarna co-founders Sebastian Siemiatkowski and Victor Jacobsson, dragging Michael Moritz and Sequoia into the fray
- Disputes within Klarna spilled over into high-profile VC drama — Sequoia backtracked on plans to boot Moritz from board X: @aishagani and @aishagani X: Aisha S Gani / @aishagani : We report at the ...
Plaid names Jen Taylor as its first president as it readies itself for an IPO; Taylor was most recently chief product officer at Cloudflare
- Firm names Cloudflare's product head Jen Taylor as president — Her hiring comes months after fintech announced its first CFO
Source: Brex told employees that the fintech is cutting 282 jobs, or ~20% of its staff, saying the team grew “too quickly”, and its CTO and COO are leaving
Elon Musk says Twitter “made sense when it was just 140 character messages” and the move “is not simply a company renaming itself, but doing the same thing”
- Billionaire to build fintech services atop social platform — Discarding the Twitter name reflects loftier goals, he says
California regulators close SVB and name the FDIC as the receiver to protect insured deposits; SVB ended 2022 with ~$209B in assets and $175.4B in deposits
banks, lawyers, etc — and it's a minor but not insignificant screening mechanism. https://twitter.com/... Jason Zweig / @jasonzweigwsj : If you want to create a perverse incentive for banks to become ...
Ant Group says founder Jack Ma will give up control as the fintech giant nears the completion of its two-year restructuring driven by Chinese regulators
We can't find the page you're looking for. If you typed the URL … Christopher Rugaber / Tech Xplore : China's Ant Group says founder Jack Ma will give up control Igor Bonifacic / Engadget : Jack Ma c...
Better.com CEO Vishal Garg apologizes for how he handled firing ~900 employees, 9% of his workforce, over Zoom, as a report says Better.com is delaying its SPAC
Three Executives Quit Joshua Bote / SFGATE : Startup valued at $7B lays off hundreds on Zoom before holidays Niket Nishant / The Economic Times : Better.com CEO apologises after laying off 900 employe...
Software has eaten the world, fading into the background like electricity or cars before, and is now secondary to conventional industry differentiation concerns
Benedict Evans : Tweets: @chanezon , @josephflaherty , @eric_seufert , @eric_seufert , @hkanji , @craigmod , @benedictevans , @helgeklein , and @dwellington Tweets: @chanezon : “this year's MBA class...