Also covered is how FAMGA invests in gaming.
Today, we’re talking about a startup that raised $90M and died 2 months later, the startups disrupting Macy’s, how public companies are going after subscriptions, cannabis crazy, and more, including:
- RIP report: November startup deaths
- Adobe and the public company subscription frenzy
- Cannabidiol (CBD) is a hot topic on earnings calls
- The startups taking on Macy’s
- How Big Tech invests in the gaming industry
- The patents filed by US banks
RIP report: the dead startups of November
Every month, we take a look at the startups that shut down. In November, 31 companies kicked the bucket (nearly twice as many as in October). We highlight a few below, but you can take a look at all of them here.
This death is particularly jaw-dropping: Driver, a San Francisco-based healthcare platform, shut down just two months after launch. Of course, in the announcement about its lightning quick shut down, the founders were proud of what they built. Humbled, and all that normal startup tripe. The company had raised a $90M seed round from Horizon Ventures in September. Ouch.