Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024
www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funded ones, seems to be ...
Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024
www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funded ones, seems to be ...
Study: ~85% of US unicorn startups that have gone public were unprofitable in 2023, despite most having been founded 15+ years ago, as cumulative losses balloon
Jeffrey Funk / American Affairs Journal :
As CB Insights says there are 1K unicorns globally, adding about two per day in 2022, a look at soaring valuations, the first to reach the milestone, and more
Hubert Palan signed on to Zoom from his home in Oakland, Calif., on Feb. 2 and prepared to address the 400 or so employees at his startup … Tweets: @lisaabramowicz1 and @markmilian Tweets: Lisa Abramo...
PitchBook: nearly 340 startups have privately raised money at $1B+ valuations this year, more than 3x the total from last year
SPACs and venture capitalists are plowing money into startups at record rates, looking past worries about lofty valuations — Investors are defying … Tweets: @julianklymochko and @amrithramkumar Twee...
India's latest generation of unicorn startups have targeted fundamental and local issues like insurance, education, logistics, and lodging
The country's latest generation of $1 billion apps have focused on local issues in education, logistics, and lodging. Thanks: @pelstrom