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20 votes
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Stability AI reportedly ran out of cash to pay its bills for rented cloudy GPUs
28 votes -
How to start Google
27 votes -
The business of winding down startups is booming
15 votes -
How Kharkiv’s tech start-ups became the ultimate test of business resilience
5 votes -
World's longest-distance drone delivery – Norwegian start-up Aviant has expanded its drone delivery service in Lillehammer
3 votes -
Startup Channel 1 creates news service presented by AI
10 votes -
In Canada’s battle with Big Tech, smaller publishers and independent outlets struggle to survive
15 votes -
Scientists are researching a device that can induce lucid dreams on demand
33 votes -
Meet Dot, an AI companion designed by an Apple alum, here to help you live your best life
22 votes -
Even in femtech [technology companies designing products specifically for women], it still pays to be a male founder
11 votes -
OpenAI's Altman launching a cryptocurrency with an eye-scanner gimmick. Does this impact how you feel about AI?
23 votes -
Inside the white-hot center of AI doomerism: Anthropic
8 votes -
Inflection AI develops supercomputer equipped with 22,000 NVIDIA H100 AI GPUs
7 votes -
Are we stuck on a innovation plateau - and did startups burn through fifteen years of venture capital with nothing to show for?
The theses I would like to discuss goes as follows (and I'm paraphrasing): during the last 15 years, low interest rates made billions of dollars easily available to startups. Unfortunately, this...
The theses I would like to discuss goes as follows (and I'm paraphrasing): during the last 15 years, low interest rates made billions of dollars easily available to startups. Unfortunately, this huge influx of venture capital has led to no perceivable innovation.
Put cynically, the innovation startups have brought us across the last 15 years can be summarized as (paraphrasing again):
- An illegal hotel chain destroying our cities
- An illegal taxi company exploiting the poor
- Fake money for criminals
- A plagiarism machine/fancy auto-complete
Everything else is either derivative or has failed.
I personally think spaceX has made phenomenal progress and would have probably failed somewhere along the way without cheap loans. There's also some biotech startups (like the mRNA vaccines that won the race to market during covid) doing great things, but often that's just the fruits of 20 years of research coming to fruition.
Every other recent innovation I can think of came from a big player that would have invested in the tech regardless, and almost all of it is "just" incremental improvements on several decades old ideas (I know, that's what progress looks like most of the time).
What do you think? Do you have any counterexamples? Can you think of any big tech disruptions after quantitative easing made money almost free in 2008?
And if you, like me, feel like we're stuck on a plateau - why do you think that is?
83 votes -
Hubble Network wants to connect a billion devices with space-based Bluetooth network
12 votes -
AT&T, AST SpaceMobile claim first smartphone-to-satellite phone call
3 votes -
With the new visual input capability, Danish startup Be My Eyes has begun developing a GPT-4 powered Virtual Volunteer for people who are blind or have low vision
10 votes -
Elizabeth Holmes gets more than eleven years for Theranos scam
8 votes -
Adobe in final talks to acquire Figma for $20B USD
17 votes -
Erik Prince wants to sell you a “secure” smartphone that’s too good to be true
12 votes -
Northvolt and Norsk Hydro will take their battery recycling joint venture to Europe later this year after the Swedish start-up opened their first plant in Norway
5 votes -
They told their therapists everything. Hackers leaked it all.
15 votes -
A story about losing $10M on a to-do list startup
@Andrew Wilkinson: This is a story about how I lost $10,000,000 by doing something stupid.Ten. Million. Dollars.Literally up in smoke. Money bonfire.That's enough to retire with $250,000+ in annual income.Here's what happened...
14 votes -
Substack paid a secret group of writers to make newsletter authorship seem lucrative
9 votes -
The explosive rise of Zoom is creating big opportunities for startups, which are raising millions to build apps and integrations
5 votes -
Apple loses copyright battle against security start-up Corellium
6 votes -
Small tech
6 votes -
Helsinki rides the Slush wave toward a booming startup future – six venture capitalists share their thoughts on Finland's tech ecosystem
6 votes -
My startup (Buderflys) has made it to the semi-finals of Denver Startup week. Any chance you would vote for us?
8 votes -
Unstaffed, digital supermarkets transform rural Sweden – Lifvs start-up has opened nineteen stores across the country, choosing remote places that have lost their local shops
15 votes -
Content moderation best practices for startups
3 votes -
Silicon Valley has deep pockets for African startups – if you’re not African
10 votes -
Hello Robot's Stretch wants to reinvent how mobile manipulators perform tasks in home environments
4 votes -
Ameelio, a startup backed by the Mozilla's 'Fix the Internet', aims to provide free video calls and messaging to prisoners in the US where video calls can cost as much as $25 for 15min
11 votes -
Stripe raises $600M at $36B valuation in Series G extension
5 votes -
What tech companies need to do before ‘solving’ urban problems
7 votes -
Emotional baggage—Away’s founders sold a vision of travel and inclusion, but former employees say it masked a toxic work environment
12 votes -
The strange life and mysterious death of Jerrold Haas, co-founder of the educational-blockchain startup Tessr
7 votes -
Four years in startups - Life in Silicon Valley during the dawn of the unicorns
6 votes -
Raising prices is hard
8 votes -
Oracle taps blockchain to introduce new revenue streams for startups
7 votes -
Apple acquires self-driving startup Drive.ai, hires dozens of Drive.ai engineers
6 votes -
Silicon Valley's health-tech start-ups need to focus more on medical rigor and less on growth
10 votes -
The once-hot robotics startup Anki is shutting down after raising more than $200 million
7 votes -
Many companies like Lyft and Uber are going public without having profits - The last time this was so common was in 2000, right before the dot-com bubble burst
15 votes -
“Most startups,” [Dan Lyons] writes, “are terribly managed, half-assed outfits run by buffoons and bozos and frat boys.”
9 votes -
Life lessons from a lifestyle business - An interview with Matt Haughey, founder of MetaFilter
8 votes -
Advice for internet startup newbie
I might soon be part of an internet startup. We're talking with a relative about setting up a consultancy & business news service on a certain sector, and I've generated a part of the idea and...
I might soon be part of an internet startup. We're talking with a relative about setting up a consultancy & business news service on a certain sector, and I've generated a part of the idea and accepted to take on the technical/editorial side for a while (I've almost a year til when I start my master's, and will probably work up until when I start my thesis; so almost two years). If things work out, this might be a dream job (except academia) for me, and even very lucrative. But I'm fairly n00b in this space, both business and professional work, though I have the technical skills. Thus I'm seeking general advice on
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how to organise this thing: how to make sure we communicate well on dates and plans and how to make educated guesses when setting up an agenda
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how much will it cost: we'll start with making a database and running a sector-specific blog/news site as publicity (though I'll make sure the content is quite decent, not just a showpiece), but then later we'll introduce a tangential online service and a mobile app leveraging that crowd
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working with non-techies: I'll be the only techie in this startup and I need to help people with gathering, storing, organising and utilising historical data with certain variables, ensuring they keep an accurate record and can make quality queries easily; the 3 people apart from me will be non technical
I think quite a bit of you here have been involved in this sort of scenario, so maybe you could have some advice for me. I'd appreciate anything, examples of approaches, links to tools, what not, anything you think could be useful. Thanks a lot in advance!
13 votes -
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VC folks talk about social media, community, and the failings - includes ex-product head of YouTube
3 votes