Tag: Start-ups

WeWork Takes Key Step Toward I.P.O., Citing Heady Growth and Huge Losses

WeWork, a real estate firm that leases shared office space, on Wednesday officially set in motion the process of becoming a publicly traded company by filing a financial prospectus with regulators. The offering by the company, which is led by a brash Israeli entrepreneur and backed by money from Saudi Arabia, will be a major […]

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This High-Tech Solution to Disaster Response May Be Too Good to Be True

SEATTLE — The company called One Concern has all the characteristics of a buzzy and promising Silicon Valley start-up: young founders from Stanford, tens of millions of dollars in venture capital and a board with prominent names. Its particular niche is disaster response. And it markets a way to use artificial intelligence to address one […]

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Bad Times in Tech? Not if You’re a Start-Up Serving Other Start-Ups

SAN FRANCISCO — Things should be dismal in Silicon Valley right now, with technology’s biggest companies under attack from regulators, lawmakers and even President Trump. Not for Henrique Dubugras and Pedro Franceschi. The two Stanford dropouts, both 23, are the founders of Brex, one of the hottest young companies today. Their start-up’s mission? To provide […]

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Start-Up Says It’s Changing Eye Care for the Better. Others See It Differently.

The colorful ads on Facebook and Instagram promise a fantastic bargain: “Stop overpaying for contact lenses. Get 30 contacts delivered to your door for ONLY $1.” Captions like “wow” and “what a steal” splash across images of teal containers and lenses perched on fingertips, urging consumers to act fast. This social media marketing has been […]

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Facial Recognition Tech Is Growing Stronger, Thanks to Your Face

SAN FRANCISCO — Dozens of databases of people’s faces are being compiled without their knowledge by companies and researchers, with many of the images then being shared around the world, in what has become a sprawling ecosystem fueling the spread of facial recognition technology. The databases are pulled together with images from social networks, photo […]

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Meet the Man Quietly Building the Tesla of Trucks, With Jeff Bezos Aboard

NORMAL, Ill. — By definition, the time of the world’s richest man is pretty valuable. But early last fall, Jeff Bezos sought out a 36-year old entrepreneur named R.J. Scaringe and spent the better part of a day in Plymouth, Mich., at the company he founded, Rivian. Mr. Bezos got a preview of Rivian’s electric […]

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A Unicorn Lost in the Valley, Evernote Blows Up the ‘Fail Fast’ Gospel

Smiling cryptically, Ian Small, the chief executive of Evernote, handed me some socks. Nice ones: black in the calf, striped in the foot, with matching pops of sky blue at the toe, heel and welt. The knit was Japanese, dense and springy, and contained 1 percent polyurethane. Marketing language described them, insanely, as “smart covers […]

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Would You Pay $30 a Month to Check Your Email?

The year is 2019, and the brainy engineers of Silicon Valley are hunkered down, working on transformative, next-generation technologies like self-driving cars, digital currencies and quantum computing. Meanwhile, the buzziest start-up in San Francisco is … an expensive email app? A few months ago, I started hearing about something called Superhuman. It’s an invitation-only service […]

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Slack Stock Soars, Putting Company’s Public Value at $23.1 Billion

SAN FRANCISCO — Slack shares soared on Thursday in early trading on the stock market, in a sign that Wall Street remains tantalized by fast-growing young technology firms even after the recent lackluster public offerings of larger companies like Uber. The workplace collaboration company’s shares began trading at $38.50 on the New York Stock Exchange, […]

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Slack Stock Soars as Messaging Company Goes Public

SAN FRANCISCO — Slack shares soared on Thursday in early trading on the stock market, in a sign that Wall Street remains tantalized by fast-growing young technology firms even after the recent lackluster public offerings of larger companies like Uber. The workplace collaboration company’s shares began trading at $38.50 on the New York Stock Exchange, […]

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Death to the Meritocracy with Andrew Yang

Listen and subscribe to our podcast from your mobile device: Apple Podcasts | Spotify | Google Play | RadioPublic | Stitcher Andrew Yang is an Ivy League-educated tech entrepreneur who’s never held political office. So why is he running for president — and what would he do if he won? This week on “The Argument,” […]

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Would You Like to Spend Forever in This Tree?

SANTA CRUZ, Calif. — Death comes for all of us, but Silicon Valley has, until recently, not come for death. Who can blame them for the hesitation? The death services industry is heavily regulated and fraught with religious and health considerations. The handling of dead bodies doesn’t seem ripe for venture-backed disruption. The gravestone doesn’t […]

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As Slack Prepares to Go Public, Its C.E.O. Is Holding His Tongue

SAN FRANCISCO — Stewart Butterfield, chief executive of the workplace collaboration app Slack, once offended Robert De Niro at an awards event with an irreverent comment, prompting the actor to curse at him from the stage. On another occasion, Mr. Butterfield bought a snarky full-page newspaper ad to taunt a rival, Microsoft. And he has […]

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