How well are SaaS, e-commerce, fintech and health tech startups doing in 2023?
Healy Jones Contributor Share on Twitter Healy Jones runs financial planning and analysis for Kruze Consulting. More posts by this contributor Zero-based budgeting: A proven framework for extending runway The startup ecosystem has gone through some substantial changes over the last few months, and founders need to understand current conditions
Read moreCarvana nirvana? Shorted stock surges 56% as company predicts record profits
On Thursday, online car retailer Carvana announced an especially rosy outlook (i.e., forecasted record profits) for the second quarter of 2023, and investors responded by driving the company’s stock price up 56% before the market closed. The company closed the day worth $4.58 billion, according to Google Finance data. The
Read moreGM follows Ford’s lead and adopts Tesla chargers
General Motors will integrate Tesla’s electric vehicle charging standard in its future EVs, CEO Mary Barra said Thursday during a Twitter Spaces with Tesla CEO Elon Musk. The agreement between the erstwhile rivals comes less than two weeks after Ford announced a similar partnership, and signals that other automakers could
Read more‘The Witcher’ Season 3 drops full trailer
The full trailer for “The Witcher” season 3 was released on Thursday, giving viewers a taste of what to expect in the next installment of the hit Netflix series. In the new trailer, Geralt continues his mission to protect Ciri from monsters, monarchs, mages and anyone else who wants to
Read moreThe SEC’s situationship with Binance and Coinbase keeps getting messier
Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. Welcome back to Chain Reaction. It’s been quite a long week (and it’s not over yet). Unless you live under a rock, you know that the U.S. Securities and Exchange Commission came out guns blazing on Monday and
Read moreWinging it
Once again, your intrepid robotics reporter finds himself in the warm embrace of the Bay. To paraphrase Mark Twain, the warmest I was ever embraced was early summer in Santa Clara. I’m writing this from a juice place in Palo Alto (living the dream), having finished a pair of back-to-back
Read moreInvestors take note: Wildfire smoke will spark a surge in East Coast climate tech startups
As smoke from Canadian wildfires has enveloped large swathes of the East Coast, millions of people have found themselves trapped inside, gazing out on orange skies and hazy cityscapes. The air quality index — which is usually ignored — has suddenly become an object of fascination and source of small
Read morePopular third-party Reddit app Apollo is shutting down as a result of Reddit’s new API pricing
The popular third-party Reddit app Apollo is shutting down on June 30, 2023, as a direct result of Reddit’s recently announced new API pricing plans which would end up costing Apollo $20 million per year to continue to operate its business — an unsustainable ask for an indie developer. The
Read moreMercedes first to sell vehicles in California with hands-free, eyes-off automated driving
Mercedes-Benz received a permit from California regulators that will allow the German automaker to sell or lease vehicles in the state equipped with a conditional automated driving system that allows for hands off, eyes-off driving on certain highways. The California Department of Motor Vehicles said Thursday it issued an autonomous
Read moreLinkedIn is the next social network to offer AI-powered tools for ad copies
Weeks after Meta launched a suite of generative AI-based tools to help advertisers create different campaigns, LinkedIn has introduced its own tool to suggest different copies of an ad. The company said that it uses data from a marketer’s LinkedIn page and Campaign Manager setting including objective, targeting criteria, and
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