Startups

First Republic Bank (FRB), which teetered on the brink of collapse in the weeks following the Silicon Valley Bank crisis, has finally collapsed, but with a relatively quick fix for the next chapter: today the Federal Deposit Insurance Corporation (FDIC) announced that it be closed by the California Department of Financial Protection and Innovation, that … Read more

businesskinda.com disrupts 2023 will take place September 19–21 in San Francisco and — if you don’t already know — it’s the big tent of the startup world. It attracts founders, investors, CEOs, tech professionals, scientists, policy makers, researchers and entrepreneurs. Here you will find inspiration, gain knowledge, forge new relationships and discover tools to build … Read more

Wwelcome to the businesskinda.com Exchange, a weekly newsletter for startups and markets. It is inspired by the daily businesskinda.com+ column from which it takes its name. Do you want it in your inbox every Saturday? Register here. Generative AI is not just about creative endeavors and parlor tricks. Both investors and Big Tech are betting … Read more

Welcome to Startups Weekly, a nuanced look at this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. Subscribe to receive it in your inbox here. Tech’s guiding principles aren’t that hard to come by these days: discipline, focus, and money conservation. But I’ve always found those same concerns to be … Read more

Updated to note that the Microsoft investment closed in January. The money from VCs reported here, part of a bid, is separate from that. Open AIthe startup behind the widely used conversational AI model ChatGPT, has picked up new backers, businesskinda.com has learned. VC firms including Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and K2 … Read more

To get a roundup of businesskinda.com’s biggest and most important stories delivered to your inbox every day at 3PM PDT, register here. On today’s episode of our Equity podcast, the team dives in to ponder whether First Republic’s stock drop is a victim of the SVB’s collapse, or if something else is in the water. … Read more

To get a roundup of businesskinda.com’s biggest and most important stories delivered to your inbox every day at 3PM PDT, register here. Thursday is here – how in the world did that happen? Those days just keep coming. If you’re still undecided about whether or not to join Disrupt, we’ve got you covered: there’s a … Read more

Meet Bastion, a French startup founded in October 2022 to help small businesses tackle cybersecurity risks without too much complexity. The company was founded by former Palantir employees and has already raised $2.8 million. What makes Bastion different from other cybersecurity startups is that it aims to be your first and last cybersecurity subscription. It … Read more

To get a roundup of businesskinda.com’s biggest and most important stories delivered to your inbox every day at 3PM PDT, register here. Hello people! It’s Wednesday and we’re running around like crazy, so let’s get started! Wooooo! — Christine And Hey The businesskinda.com Top 3 Can you see it?: Enterprise security firm Lookout to sell … Read more

Lookouts Its long-running transition to becoming an enterprise security company is all but complete, revealing today that it is selling its consumer mobile security business to the Finnish company F-Secure valued in a deal at about $223 million. Founded in Boston in 2009, Lookout originally started out as a consumer-facing smartphone security and data backup … Read more