startup

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Tech CEO in Hot Water for Threatening Trump

'Bring it secret service' has indeed brought Secret Service to PacketSled's Matt Harrigan

(Newser) - Passions ran high on election night, but perhaps too much so for the CEO of a San Diego cybersecurity startup. Per the Los Angeles Times , Matt Harrigan of PacketSled put up a now-deleted series of heated comments on Facebook (still visible in apparent screen captures on Reddit ) as the... More »

A Drink Is Making People Sick, and Algae Might Be Why

The latest dispatch from the Soylent saga

(Newser) - Over the past several months, a tiny fraction of consumers of a meal replacement powder and energy bar put out by the company Soylent have complained of pretty adverse digestive reactions , including vomiting and uncontrollable diarrhea. Since 2013 the Silicon Valley startup has been producing its nutrient-dense, just-add-water powder—"... More »

This Guy's Job Is to Walk People, Not Dogs

Meet Chuck McCarthy, the 'People Walker'

(Newser) - For aspiring LA-based actor Chuck McCarthy, poop was the hurdle. He was considering becoming a dog walker to help make ends meet, but decided he just couldn't stomach the idea of dealing with all the doo-doo, reports KABC . So he began to joke about walking people instead, with no... More »

Ex-Employee Recounts Her Silicon Valley 'Nightmare'

Startup WrkRiot has gone offline amid the controversy

(Newser) - Just a month after starting at a Silicon Valley startup, a marketing professional from Dallas has taken to Medium to accuse her already former employer of fraud and more—and the startup is suddenly scrubbing its online presence clean. Penny Kim detailed her life since a July 2016 job offer—... More »

How This 'Fastest-Growing Company' Lost Everything

Inc. goes inside the 'cautionary tale' of Fuhu

(Newser) - Nearly a year after the once extremely promising and successful tablet company Fuhu went broke, Inc. sat down with CEO Jim Mitchell and President Robb Fujioka—the "headstrong" mastermind—to sort out what went wrong where. The great unraveling of a company that was No. 1 on the Inc.... More »

Walmart Drops $3.3B on an Amazon Killer

Acquisition of Jet.com announced Monday

(Newser) - It's a year-old startup that wasn't yet profitable. Now Jet.com enters the books as the largest-ever e-commerce startup acquisition. Walmart announced Monday that it would purchase the site for $3.3 billion, with all but $300 million of that in cash; the rest takes the form of... More »

Top 6 US Cities for Young Entrepreneurs

Austin is No. 1

(Newser) - Some cities are better than others when it comes to offering opportunities to young entrepreneurs. MoneyRates.com has ranked the best ones based on population growth, educational level, taxes, and how many of these workers are already bringing home a nice paycheck. The Lone Star State gets more than one... More »

Startup Buys 50-Year-Old Company in 'Weird' Deal

EVA Automation hasn't released anything in its 2-year history

(Newser) - "You’re not going to hear about a weirder deal today," declares TechCrunch after a decades-old British speaker company was bought by a tiny Silicon Valley startup this week. Founded in 1966, Bowers & Wilkins boasts pages of audio products for sale. Founded in 2014, EVA Automation has... More »

'Tight-Lipped' Startup Is Taking Over Palo Alto

Some complain Palantir Technologies is making it tough for the little guys

(Newser) - When it comes to the legions of Bay Area startups, Palantir Technologies may not be a household name, but after reading this, you're not likely to forget it. Described by the Mercury News as "secretive" and "tight-lipped," Palantir's name is a nod to a crystal... More »

These NYC Apartments Offer Little Privacy, Free Beer

WeLive communal spaces available for $1,375 monthly

(Newser) - Sleeping behind a curtain in Manhattan is now as affordable as $1,375 per month. The WeWork team known for communal work spaces has just launched a building of communal living spaces in New York City's Financial District where rent starts at $1,375 monthly. That price will get... More »

The Party Is Over at Zenefits

'Institutionalized cheating' finally caught up to software firm

(Newser) - Just two years ago, Zenefits was heralded as one of the fastest-growing software startups ever. Earlier this month, "institutionalized cheating" finally caught up to the San Francisco-based firm that has raised more than $500 million at a $4.5 billion valuation, and hard-partying co-founder and CEO Parker Conrad, 35,... More »

Tech Investor Found Dead in High-End Condo

Jay Greenwald was only 51

(Newser) - A highly regarded tech investor was found dead in his New York condo Saturday after apparently overdosing on drugs, the New York Daily News reports. Jay Greenwald, 51, was reportedly fully clothed and face-down on his bed near empty pill bottles when a housekeeper discovered him and a female companion.... More »

Tech's 'Unluckiest Guy' Loses Big in Startup Sale

Chris Hill-Scott traded SwiftKey share for a bike in 2008

(Newser) - Somewhere out there, there's a bicycle that was traded for what turned out to be a multi-million dollar stake in a tech startup. The crazy tale involves the company SwiftKey and one of its founders, Chris Hill-Scott. Before the Swiftkey app tallied 300 million downloads and became a favorite... More »

Startup Bets Up to $10K Your Marriage Will Tank

SwanLuv will pay for wedding—but you pay it back, with interest, if marriage fails

(Newser) - Looking for someone to pay for your nuptials? If you're certain your marriage will last for eternity (or at least until that death clause kicks in), a Seattle startup has some cash for you. SwanLuv will be open for business by February, and it will give eligible couples up... More »

Guy Creates App Called 'Magic,' and Things Get Nuts

Within 3 days, 18K requests had come in

(Newser) - Up until last week, Mike Chen was working on a blood pressure tracking app called Bettir. Then, four days ago, he took 20 minutes to put together a side project he'd been thinking about called Magic , and to say it's overshadowed Bettir would be an understatement. The idea:... More »

There's a Facebook 'Founder' You've Never Heard Of

Andrew McCollum was part of the site's first team at Harvard

(Newser) - You know Mark Zuckerberg, and if you've seen The Social Network, you're familiar with Eduardo Saverin. Then there's Dustin Moskovitz, as well as Chris Hughes, owner of the New Republic . But the fifth figure in the birth of Facebook isn't listed on its founders page , even... More »

New Yorker's Pop Critic Leaves for Lyrics Startup

Sasha Frere-Jones joins annotating site Genius

(Newser) - After 11 years at the New Yorker, the magazine's pop music critic is departing to join a startup. Sasha Frere-Jones' new job is as executive editor for Genius , a startup that annotates lyrics and other material online, the New York Times reports; he will focus on annotating lyrics. Genius,... More »

Suit: App Makers Ditched Partner— at Parents' Request

Former fraternity brothers wrangle over Yik Yak

(Newser) - A year ago, three fraternity brothers released a social app called Yik Yak, which has gone on to nab some $85 million in venture capital. But one of the Furman University guys, Douglas Warstler, isn't seeing that money after the other two pushed him out, according to a lawsuit.... More »

Why It Sucks to Work at a Tech Startup

Anonymous employees talk to Lily Hay Newman

(Newser) - Turns out working for a tech startup isn't all hanging out with your cool friends and being handed wads of venture capital cash while enjoying all the perks of your awesome office. Lily Hay Newman spoke to anonymous startup workers and presents a list of what she found to... More »

After 7 Years, Startup Reveals $199 Cup

Vessyl can tell you exactly what you're drinking

(Newser) - It took seven years for startup Mark One to finally make its big product reveal: the $199 Vessyl—a cup. But as Valleywag notes, it's not so much a cup as "a 13-ounce, Bluetooth-enabled, smartphone-syncing, battery-powered supercup." It works like this: Fill the Vessyl, which looks something... More »

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