Quantum Startups’ Stock Market Dreams Are Decohering
[ad_1] At the end of September, Rigetti reported $212 million in assets and a net loss of $49 million for the year to date. The SPAC deal was originally expected to net $458…
ChatGPT Has Investors Drooling—but Can It Bring Home the Bacon?
[ad_1] When ChatGPT—the ingenious, garrulous, and occasionally unhinged chatbot from OpenAI—was asked this week how much the company behind it is worth, its responses included: “It is likely that its worth is…
Happiness Should Be the Most Important KPI for Tech Employers
[ad_1] During economic downturns, businesses resort to muscle memory and do what they’ve done before. That often means budget cuts—and the deepest cuts commonly target technology investment and people. This…
Transformative Businesses Are Born in Tough Times
[ad_1] It’s been a rough year for entrepreneurs. Funding has been tight, top-flight leaders have been harder to lure away from secure corporate jobs, and marketing and discretionary spending has…
Embrace Diversity or Get Left Behind
[ad_1] In the summer of 2020, the death of George Floyd sparked global conversations about race and racial justice. It inspired soul-searching and a chorus of commitments to greater racial…
Elizabeth Holmes of Theranos Gets 11 Years in Prison
[ad_1] Elizabeth Holmes has been sentenced to just over 11 years in prison for defrauding investors by falsely claiming her technology could detect diseases from a drop of blood. The…
Despite Big Layoffs, Tech Workers Are Still in Demand
[ad_1] “You have two diverging paths for tech workers,” says Pollak. “One group is taking a flight-to-safety approach and going to companies and industries that are recession-resistant. And another group…
Big Tech’s Layoffs Will Fuel the Industry’s Future
[ad_1] Hi everyone. Welcome to Plaintext, the newsletter that’s cheaper than a blue check mark—and guaranteed bot-free! The Plain View This was the month when Big Tech got smaller. The…
Startups Have a Sellout Problem. There’s a Better Way
[ad_1] Onetime startups like Meta, Twitter, and Amazon are now part of the world’s infrastructure, acting as today’s local news, phone lines, and postal service. They don’t just drive economies;…
The Unlikely Cure for Burnout? A Second Job
[ad_1] Like Murphy, many overemployed individuals are achieving financial milestones that once seemed out of reach—from buying a home to building up sizable savings. In one Discord conversation, a member…
The Next Silicon Valley Will Be in the US Heartland
[ad_1] The Rise of the Rest investments you extoll certainly benefited from that exuberance—and now may suffer. Some Silicon Valley venture capitalists who were focused on rising cities might pull…
Would You Ditch All This Chaos for a Country in the Cloud?
[ad_1] You see the future, right? You want to have a kid, so you go enroll in a network state with Nordic-style social benefits in its territories. You want to…
Raising Startup Funding Used to Be Easy—Not Anymore
[ad_1] In 2021, when Roshan Patel was raising his startup Walnut’s first round of funding, his email inbox overflowed with interest from investors. Venture capitalists loved his idea of applying…
The Speedy Downfall of Rapid Delivery Startups Like Jokr
[ad_1] It took only eight months for Jokr, the superfast delivery startup, to become a unicorn, and just six months more for its strategy to start coming apart. Jokr had…