A Created to ensure open and free access to the internet, Snowflake saw a huge uptick in users during the start of the Ukraine War and has grown even more since then. Started as an open source project by Serene (who goes by her first name only for privacy reasons), Snowflake, which began as a…
While the relationship between all young people and social media is complex, yielding both positive social effects and posing unique risks to mental health, queer teens spend even more time on the internet than their non-LGBTQ counterparts — time often spent searching for community and vital connection around identity. In new research, The Trevor Project…
Africa’s insurance market is expected to grow at a compound annual growth rate (CAGR) of 7% between 2022 and 2028, reaching $120 billion. Though seemingly impressive, the insurance industry in Africa could be worth more if insurance penetration on the continent wasn’t extremely low, less than 3%, according to reports. As a result, traditional insurers…
Over a year following the inaugural season of the Indian edition of Shark Tank, the seven esteemed investors made good on less than half of their investment pledges, according to a new analysis, the latest in a series of criticisms for the show. The “sharks” overall invested in only 27 of the 65 investment pledges…
One day after competitor Corsair announced that it acquired mechanical keyboard maker Drop, Logitech has revealed a big purchase of its own. The accessory giant just bought Loupedeck, a Helsinki-based manufacturer of consoles for creative pros. Details of the transaction have not been disclosed, but the deal comes as Logitech looks to expand its appeal…
Telegram raised about $210 million through bond sales this week from a number of investors, including its founder and chief executive Pavel Durov. The messaging app, used by over 800 million users each month, raised the capital by issuing bonds worth $270 million. “Because interest rates have gone up significantly since 2021, the bonds have…
Another grim stage for VanMoof, the e-bike startup backed by venture capitalists to the tune of hundreds of millions of dollars. After making a last-hour effort to stave off bankruptcy last week, the court of Amsterdam has taken the step of officially declaring bankruptcy for the company’s Dutch legal entities, VanMoof Global Holding B.V., VanMoof…
Michelle Swan Contributor Michelle Swan is a partner at Tercera and is responsible for marketing and content, the advisor and portfolio experience, and guiding portfolio companies on go-to-market and brand strategies. Most board directors intuitively understand that marketing is an important part of any company’s growth engine. It not only feeds the near-term sales engine,…
Tesla’s directors will return $735 million to the company to settle claims from shareholders that they excessively overpaid themselves, according to a Monday court filing. The settlement concludes a 2020 lawsuit from a retirement fund that holds Tesla stock. The Police and Fire Retirement System of the City of Detroit had criticized stock options granted…
Everyone seems to be buying a mechanical keyboard company these days. Corsair has one-upped them all by buying its own mechanical keyboard company. The Fremont, California-based peripheral maker today announced that it’s acquiring “certain assets” from Drop for an undisclosed, all-cash deal. “Drop has been acquired by Corsair,” Drop CEO Jef Holove wrote in a…
