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Summer Health CEO and Co-Founder Ellen DaSilva joins Emily Chang to discuss how her message-first platform for parents got the backing of Sequoia Capital, Lux Capital, Chelsea Clinton’s Metrodora Ventures and others. Plus, her views on the general state of American health care, and the digital healthtech scene in a post-Roe world.
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The idea of corporate gifting to maintain client relationships isn’t a novel concept. In fact, there’s a cottage industry of “gifting-as-a-service” startups that promise to streamline the task, ranging from companies such as Reachdesk and &Open to Sendoso and Goody. Vendors claim their industry is a profitable one (worth an estimated $258 billion) because the
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Switchboard, a collaboration app that combines features of videoconferencing and digital whiteboarding, today announced that it raised $25 million in a Series A round that values the company at $200 million post-money.  Icon Ventures led the tranche with participation from Sequoia, XYZ, and Spark Capital, bringing Switchboard’s total raised to $38.4 million. Co-founder and CEO
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Autonomous vehicle company Pony.ai is forming a strategic joint venture with Sany Heavy Truck, a subsidiary of Chinese heavy equipment manufacturer Sany Heavy Industry, to create an autonomous truck brand. The plan is to combine Pony.ai’s “virtual driver” with Sany’s technical prowess in building heavy-duty trucks to build automotive-grade self-driving trucks with Level 4 autonomy,
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Ax Sharma Contributor Ax Sharma is a security researcher and reporter. His areas of interest include open source software security, malware analysis, data breaches and scam investigations. If combating attacks and hijackings of legitimate software on open source registries like npm weren’t challenging enough, app makers are increasingly experiencing the consequences of software self-sabotage. A
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The fintech sector has had its ups and downs as of late, with Klarna experiencing hefty valuation cuts, Fast shutting down and Robinhood and Better conducting mass layoffs. Despite the market turbulence, investors remain bullish on the potential value that financial technology startups can bring worldwide. To understand how fintech startups are preparing to weather
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Google is again delaying plans to phase out Chrome’s use of third-party cookies — the files websites use to remember preferences and track online activity. In a blog post, Anthony Chavez, Google’s VP of Privacy Sandbox, said that the company is now targeting the “second half of 2024” as the timeframe for adopting an alternative
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Shypyard, a startup developing business planning products and services for brands and direct-to-consumer merchants, closed on $3 million in seed funding. The round was led by Gradient Ventures with participation from Liquid 2 Ventures, Position Ventures and a group of angel investors that includes current and former executives and founders at Shopify, BigCommerce and SnapCommerce.
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Microsoft announced its fourth-quarter results Tuesday, missing Wall Street’s expectations. The company reported it had $51.9 billion in sales for the quarter that ended June 30, an increase of 12% year-over-year. Analysts were expecting around $52.5 billion. Net income inched up 2% to $16.74 billion. This is considered the slowest revenue growth for Microsoft since 2020.
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Debt gets a bad rap. That’s partly because it’s associated with higher risk. For startups, a few missed payments could force them to shutter, depending on the terms of their loan agreements. But despite its reputation, debt isn’t an act of desperation during down times. As my colleague Alex Wilhelm notes, for companies that have
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