We already suspected that the controversy surrounding the Joe Rogan podcast on Spotify was doing little to actually prompt users to leave the streaming service, based on app store data. Now, Spotify’s first-quarter earnings have confirmed it. Despite losing 1.5 million users in Russia, Spotify’s premium subscribers grew 15% year-over-year in the first quarter to
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Leslie Feinzaig Contributor More posts by this contributor Three ways VC firms can construct sustainably diverse portfolios If you follow mainstream tech media, you could be forgiven for thinking that venture capital is a founders’ market today after two years of record round sizes and outcomes. There is some truth to this: VC had its
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Most founders are not experienced entrepreneurs, which means they tend to repeat the same mistakes as they try to overcome universal challenges. According to Klaviyo co-founder and chief product Ed Hallen, luck was a contributing factor to his marketing automation company’s success. “But it’s also clear that if we had known more upfront, we wouldn’t
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Cannabis companies face unprecedented headwinds. Yet these companies are building businesses in a tough market plagued by myriad challenges, from banking prohibitions to ever-changing regulations. One such startup, Lucid Green, has a solution to a growing labeling problem, and raised a $10 million Series A led by Gron Ventures with participation from Gotham Green Partners.
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A McKinsey and Co. study suggests that while sub-Saharan Africa has the potential to increase (even triple) its agricultural output and overall contribution to the economy, the sector remains untapped largely due to lack of access to quality farm inputs, up to par infrastructure like warehousing and market. This is in an economy that derives
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