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Inside the weird and quirky world of building a startup behind a wall of tariffs

Think quick — how much does a top-of-the-line iPhone 15 Pro Max cost? If you said around $1,600, you’d be right, but only if you’re based in the U.S. In Turkey, the same phone will set you back almost $3,000. That gap introduces a fantastic opportunity for arbitrage — and a lively second-hand and refurbished […]

As mega-rounds become rarer, energy startups are powering up

Large funding rounds raised by startups are becoming less frequent, yet energy companies that operate on the cutting-edge remain strong market competitors. Venture deceleration, late stage glaciation and other market forces are not stopping companies looking to reinvent energy from raising massive rounds. Given what we’re witnessing around the globe, this development should be welcomed

Worldcoin hit with temporary ban in Spain over privacy concerns

Spain’s data protection authority has ordered Worldcoin to temporarily stop collecting and processing personal data from the market. It must also stop processing any data it previously collected there. The controversial, Sam Altman-founded eyeball-scanning blockchain crypto project started operations in the market last July, as part of a global rollout. The Spanish authority is using

This Korean startup wants to take on Carta in cap table management

QuotaLab, a South Korean startup, is looking to replicate Carta, an American cap table management service used by numerous startups and investors across the U.S. Carta first made its debut as “eShares” in 2012 as a cap table management service that startups could use to issue equity to investors and employees. Since then, its services

Agility Robotics’ new CEO is ‘focused on the here and now’

There was nothing else like Digit on the ProMat floor last year. The manufacturing supply chain event has gradually morphed into a tech show in recent years. Many of the biggest names in the space were present, showcasing autonomous mobile robots (AMRs), bin picking arms and automated storage and retrieval systems. But Agility’s small army

Anthropic claims its new models beat GPT-4

AI startup Anthropic, backed by hundreds of millions in venture capital (and perhaps soon hundreds of millions more), today announced the latest version of its GenAI tech, Claude. And the company claims that it rivals OpenAI’s GPT-4 in terms of performance. Claude 3, as Anthropic’s new GenAI is called, is a family of models —

Apple fined €1.84BN in EU over anti-steering on iOS music streaming market

The European Union has fined Apple €1.84 billion for breaching antitrust rules in the market for music streaming services on its mobile platform, iOS. The penalty is focused on Apple’s application of anti-steering provisions, which put restrictions on music streaming apps’ abilities to tell consumers about cheaper offers outside Apple’s App Store. The iPhone maker

When your cap table makes your startup uninvestable

The CEO of a Norwegian hardware startup shared a pitch deck with me that had an unusual slide: It included the company’s capitalization table — the breakdown of who owns what part of the company. Typically, cap tables are shared in the diligence phase of investing. Taking a closer look at the table, something significantly

Indonesia fintech Wagely makes bank while helping the unbanked

Wagely, a fintech out of Indonesia, made a name for itself with earned wage access: a way for workers in Southeast Asian countries to get advances on their salaries without resorting to higher-interest loans. With half a million people now using the platform, the startup has expanded that business into a wider “financial wellness” platform,

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