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Stories 1 - 20 |
His Startup Is About to Go
Public. He's Also a Killer
May 21, 2022 3:15 PM CDT
His Startup Is About to Go Public. He's Also a Killer
Inside the story of Harel Hershtik
- When he was 20 years old, Harel Hershtik planned and executed a murder, shooting his victim in the head and burying the body in a crime that a quarter of a century later is still widely remembered for its grisly details. Today, he is the brains behind an Israeli health-tech...
Another Silicon Valley
Whiz Kid Accused of
May 15, 2022 2:45 PM CDT
Another Silicon Valley Whiz Kid Accused of Exaggerating Everything
'New York Times' out with critical story about Ryan Breslow of Bolt
- Ryan Breslow dropped out of Stanford in 2014 to start Bolt Financial, which “promised to shake up the boring but important business of online payments,” according to the
New York Times,
which interviewed dozens of former and current employees, clients, and investors about the company’s current state....
There's a New
Most Valuable Startup
Mar 15, 2021 6:10 PM CDT
There's a New Most Valuable Startup
Funding pushes Stripe past SpaceX and Instacart
- Stripe's new round of funding has left SpaceX and Instacart in the dust. The payments processing company announced it had added $600 million on Sunday, for a valuation of $95 billion. That shoots Stripe past SpaceX, which is valued at $74 billion, and Instacart, which is pegged at $39...
Professor Who Built Startups
at School Can Sue Over Firing
Sep 21, 2020 7:30 PM CDT
Professor Who Built Startups at School Can Sue Over Firing
Georgia Tech says Joy Laskar used university resources to help his companies
- A decade ago, the Georgia Institute of Technology fired a professor, saying that, by launching secret startups tied to his university work, he'd crossed the line between academic research and the tech industry. Joy Laskar was indicted on charges of misusing $1 million in university money but never tried...
Apple to Small Startup:
Ditch That Logo or Else
Aug 13, 2020 2:42 PM CDT
Apple to Small Startup: Ditch That Logo or Else
The tech giant sues Prepear over its logo of, you guessed it, a pear
- Note to small startups: Try not using a fruit logo. Apple might get mad. The tech behemoth has again filed suit over a fruity logo—this time against a five-employee startup called Prepear that advertises itself with the image of a green pear,
reports. Now Russell Monson, the recipe...
The Wing, Rocked
Bids Adieu to CEO
Jun 12, 2020 10:07 AM CDT
The Wing, Rocked by Controversy, Bids Adieu to CEO
Audrey Gelman resigns from the Wing after backlash from employees
- When the Wing was launched in 2016, it was designed to be a co-working space and social club for women only. Now, CEO and co-founder Audrey Gelman has stepped down, amid accusations the startup doesn't put its feminist and racial equality ideals into practice. "The decision is the...
Did Her In
in case you missed it
Dec 14, 2019 3:00 PM CST
Startup CEO's Slack Messages Did Her In
Steph Korey stepping down from luggage company Away after 'Slack bullying' revealed in Verge report
- Last week, an explosive expose by the Verge focused on Away, a luggage startup that ex-employees claimed hid a "toxic work culture," despite a cheerful public-facing message of travel and inclusion. In this "cutthroat culture," workers were said to work "exceedingly long hours" and pressured...
Familiar Business Name
Has a New Startup
Nov 7, 2019 3:33 PM CST
Familiar Business Name Has a New Startup
Travis Kalanick, formerly of Uber, is betting on food delivery with CloudKitchens
- The ousted founder of Uber is back in the business spotlight with a new startup, one that is attracting big money. The
Wall Street Journal
reports that Travis Kalanick has gotten $400 million from a sovereign-wealth fund in Saudi Arabia for his company, CloudKitchens. The idea behind the firm revolves...
Report: WeWork Directors
Want to Oust Eccentric CEO
Sep 23, 2019 5:11 AM CDT
Report: WeWork Directors Want to Oust Eccentric CEO
Adam Neumann could be pushed out Monday
- Directors at office-sharing company WeWork are considering kicking eccentric co-founder Adam Neumann out of the CEO's office, insiders say. Sources tell the
Wall Street Journal
that a group of directors—including some linked to Japanese conglomerate SoftBank, the company's biggest investor—want him ousted to salvage an IPO...
Attorney: 'Blood on the Hands'
of Cities That Allow E-Scooters
Aug 21, 2018 9:20 AM CDT
Attorney: 'Blood on the Hands' of Cities That Allow E-Scooters
Injuries from the motorized devices now a daily problem in ERs
- It felt like grains of salt floating around Earl Wilkinson's mouth. "In fact, they were teeth remnants"—the result of the 52-year-old's face-plant during an electric scooter crash. Wilkinson ended up in the emergency room with a broken arm in what BuzzFeed describes as a fairly...
10 Best Big US Cities
to Launch a Business
Apr 30, 2018 10:00 AM CDT
10 Best Big US Cities to Launch a Business
Oklahoma City is first on the list
- If you've got the entrepreneurial itch and are on the hunt for the best place to jump-start a business, WalletHub has some insights. The site pulled out more than 180 large US cities and looked at 19 key metrics for each in three main categories: business environment, including the...
Took 'Hundreds of
Feb 6, 2018 9:35 AM CST
Prosecutors: CEO Took 'Hundreds of Thousands' From Own Workers
Isaac Choi, former chief exec of WrkRiot, pleads guilty to wire fraud
- The startup's motto was "No games. Just jobs." Except there were some games, too. Isaac Choi, the former CEO of short-lived tech startup WrkRiot—which developed software to be used in job searches before its closure in September 2016—pleaded guilty to wire fraud in federal court...
2017 Killed These
Dec 28, 2017 9:01 AM CST
2017 Killed These Products, Startups
Including a $700 juicer
- Think 2017 was rough? Try putting yourself in the shoes of people who spent their energy and fortunes building products and companies, only to see them fall by the wayside this year. BuzzFeed rounds up failed products and startups of 2017, including a $700 juicer and an early internet communication...
This CEO Gives His Warehouse
Workers Top Perks, Too
Aug 12, 2017 12:24 PM CDT
This CEO Gives His Warehouse Workers Top Perks, Too
Boxed pays for weddings and unlimited parental leave
- When Boxed co-founder and CEO Chieh Huang first pitched his unconventional and highly generous benefits plan to investors a few years ago, some said, "What the hell are you doing?" His company, which takes on the likes of Costco to offer low-cost online bulk purchases with two-day delivery and...
App Fights Traffic Tickets
for Less Than the Fine
Jul 10, 2017 9:03 AM CDT
App Fights Traffic Tickets for Less Than the Fine
A startup hires lawyers to go to court for you
- Traffic violations can be pricey, with low-level speeding tickets costing as much as $400 in some US cities. After entrepreneur Chris Riley faced a huge fine for going less than 10mph over the speed limit in Miami, he decided to try to "give people access to services [like lawyers]...
5 Best, Worst
States to Launch
Jul 5, 2017 8:05 AM CDT
5 Best, Worst States to Launch a Business
North Dakota is tops; New Jersey ranks lowest
- "Location, location, location" has become a mantra in real estate, but it's also applicable if you're thinking of starting up your own business. WalletHub takes a close look at the business environment, business costs, and access to resources in all 50 states, diving deep into 20 various...
Startup Buys Young Blood,
Injects It Into Older People
Jun 1, 2017 11:44 AM CDT
Startup Buys Young Blood, Injects It Into Older People
For $8K a pop
- It sounds like something out of a sci-fi movie, but it's real: Ambrosia, a startup from entrepreneur Jesse Karmazin, pays for the blood of people under the age of 25, then sells anyone over age 35 a transfusion of the younger blood for $8,000—the only US company...
Flying Car Takes Off
Apr 25, 2017 7:21 AM CDT
Google Co-Founder's Flying Car Takes Off
Kitty Hawk Flyer will be available later this year
- Airbus' flying car might have competition. Kitty Hawk, a Silicon Valley startup named for the location of the Wright brothers' first controlled flight and backed by Google co-founder Larry Page, has revealed its flying car prototype and says buyers will be able to get their hands on a similar design...
Silicon Valley Invests
$120M in Hilariously
Apr 19, 2017 1:17 PM CDT
Silicon Valley Invests $120M in Hilariously Inessential Juicer
Human hands are more efficient than Juicero's WiFi-enabled juicer
- The Juicero juice machine —basically a fancy WiFi-enabled Keurig machine but for juice—was already an "unnecessary luxury," the Verge reports. Now it's just "flat-out unnecessary." That's because—as revealed by Bloomberg —a pair of human hands work just as well as...
Steve Ballmer's Secret $10M
Site on Gov't Spending Debuts
Apr 18, 2017 11:54 AM CDT
Steve Ballmer's Secret $10M Site on Gov't Spending Debuts
Ex-Microsoft CEO has been compiling monster database for 3 years
- Ask Steve Ballmer about the project he's been quietly working on since he retired as CEO of Microsoft , and he starts gushing with the "excitement of a child showing off a new toy," per the
New York Times
. That three-year project is USAFacts.org , a "first...
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