Bitcoin & blockchain investment. Costliest startup failures. Financing to synthetic bio startups.
OMG, I make too much money
Everyone has quit a job cuz they were overpaid, right?
Block by block
From American Express to Deloitte to Goldman Sachs, major financial services firms have made investments in bitcoin and blockchain startups. To illustrate how activity has trended, we updated our timeline of each firm’s first investment into the space.
No stick Kalanick
So this weekend Susan J. Fowler, a former site reliability engineer at Uber, penned a post about why she left the company due to harassment. It is well worth a read (see The Blurb).
While tech Twitter and beyond are loudly calling for change at Uber and there have been renewed calls to #deleteuber, will this really impact Uber?
The company has been like teflon to-date with scandal after scandal getting the outrage machine going but then folks forget and going back to using the app.
The reasons for failure are varied, but a few common threads do emerge such as the inability to generate sustainable revenue, bad product-market fit, and losing to competitors.
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