The site, a throwback to an earlier era of social media, is poised to go public as soon as next week. It hasn’t been easy to reach this point.
Category: venture-capital
He’s Not Just Looking to Make a Quick Billion
Marc Lore, the entrepreneur behind Diapers.com and Jet.com, would like to disrupt food delivery. But he really wants to build a brand that actually lasts.
The Messenger, Which Aimed to Transform Media, Faces Dire Financial Straits
The company, which debuted last year with big plans to disrupt journalism, generated only $3 million in revenue by the end of December.
No Oversight: Inside a Boom-Time Start-Up Fraud and Its Unraveling
False claims and risky trades at the Silicon Valley start-up HeadSpin were part of a pattern of trouble emerging at young companies that lacked controls.
NAR opens application window for REACH tech accelerator
The National Association of Realtors’ for-profit venture capital arm, Second Century Ventures, runs the program. Applications are due by Jan. 31.
How Elon Musk and Larry Page’s AI Debate Led to OpenAI and an Industry Boom
The people who were most afraid of the risks of artificial intelligence decided they should be the ones to build it. Then distrust fueled a spiraling competition.
In Biden’s Climate Law, a Boon for Green Energy, and Wall Street
The law has effectively created a new marketplace that helps smaller companies gain access to funding, with banks taking a cut.
The Stock Market Hopes Arm’s IPO Is a Hit
Arm, the British chip designer owned by SoftBank, will provide clues as to whether the I.P.O. market may revive after a very quiet year.
VC-backed Roam seeks to connect buyers to assumable mortgages
In theory, any government-backed FHA, VA and USDA loan is assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing.
How the Dream of Building a California City From Scratch Got Started
A former Goldman Sachs trader moved to the Bay Area to make it in tech. He ended up buying rural land with money from some of Silicon Valley’s wealthiest people.