Sources paint a bleak picture for startup founders in China; IT Juzi report: only 1,202 startups were founded in the country in 2023 compared to 51,302 in 2018
Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formation X: @carnage4life , @tonytassell , @michaelxpettis , @eleanorolcott , @hsu...
Documents and sources undermine Flexport founder Ryan Petersen's claims that CEO Dave Clark overspent, overhired, and overpromised before being forced to resign
Peterson decides to return as CEO, unceremoniously ousts Clark, rescinds offers to a bunch of new hires then blames Clark for overhiring. … Jenn Schiffer / @jenn@pixel.kitchen : a real “read all the w...
A profile of Duolingo CEO Luis von Ahn, who co-created CAPTCHA and reCAPTCHA, as he predicts AI will eventually make computers better teachers than humans
Carina Chocano / New Yorker : LinkedIn: Charlene Tan , Monica Earle , and Kate Redman Tweets: @nicholasferroni , @pt , @thethirdhan , @chrisdier , @carina_chocano , @clinicalliz , @blgtylr , @brialle...
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 ...
A look at T2, a Twitter alternative founded by a former employee of Google's Area 120 to offer a “2007 Twitter” vibe that Musk's platform no longer supplies
Cofounder Gabor Cselle says his upstart social network can offer a “2007 Twitter” community vibe that Elon Musk's platform no longer supplies. Tweets: @martinsfp , @pt , @gabor , @stevenlevy , and @ch...
After layoffs, Meta, which used remote work during the pandemic to advance its diversity goals, now faces an uphill battle to continue making progress with DEI
Brit Levy, 35, was eager to join Meta's paid training program for aspiring human resources managers last year because she wanted … Tweets: @carnage4life , @pt , @kcraigtv , @nerdbitches , and @max1112...
A look at The Managerial Revolution, a 1941 book that predicted the rise of the “managerial class” over capitalists and may help explain Elon Musk's Twitter
The long shadow of James Burnham's The Managerial Revolution. — Since the launch of the so-called “Twitter Files” … Tweets: @pt , @greenplusane , @lemieuxlgm , @paulblu , @davidastinwalsh , @davidas...
Jack Dorsey's tweet sparks uproar: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity”
Happy Friday Everyone 👋 — SIX things you need to know this week in 60 seconds. Ana Grabundzija / CryptoSlate : Reformed maxi Erik Vorhees joins the burning debate spurred by Jack Dorsey's Web3 rant ...
Sources: as Ben Horowitz and Marc Andreessen buy Las Vegas properties, they are less involved in a16z's daily operations and cutting down on board memberships
Recently, the Bay Area-based venture capitalist Ben Horowitz took part in a popular pandemic-era pastime: updating the location on his LinkedIn profile. Tweets: @pt , @lucas_shaw , @chafkin , @tomgara...
In a letter to Tim Cook, written and edited by about 80 people, Apple employees push back against a policy requiring them to return to the office in September
and Leaks to The Verge — Pushing Back Against Returning to the Office Dan Pontefract / Forbes : Is Apple In Trouble With Its Hybrid Work Model? Jody Serrano / Gizmodo : Apple Employees Ask Tim Cook t...