We had retention that was 3-4 times better than other meal delivery services. We had low awareness, lots of room for product innovation, and a seemingly clear path to an IPO. Then the war broke out in Ukraine, and capital markets started to get spooked. All of the sudden, fast-growing, unprofitable consumer businesses were out of vogue. We managed to raise $32mm, not a small sum, but it felt like a failure.
YouTuber MrBeast said in a deposition last November that he owned "a little over half" of his company, which was valued at roughly $5 billion in its most recent funding round. By that math, the value of his ownership stake would have topped $2.5 billion. Beast Industries sought to raise up to an additional $200 million this year, according to investor materials viewed by Business Insider, as an extension to its $300 million Series C round referenced in the deposition.
Michael Duarte, the influencer and chef known for his love of all things barbecue, died in a horrible incident while traveling with his family in Texas, his friends and agent confirmed Tuesday. The self-taught grill master, who posted about his craft under the Instagram handle Food with Bear Hands, died on Saturday, just three short days after he and his wife, Jessica Duarte, celebrated their ninth year wedding anniversary, according to a GoFundMe set up for his family.
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
In a video posted on social media on Monday, Ms Miller admitted to lying about the diagnosis and said it came from "one stupid sentence that I deeply regret". "I said something to someone within my immediate circle in confidence. I said I had an illness, which was cancer," she said in the emotional post. "I didn't do this with malicious intent or to scam people, I did this out of desperation, I did it to keep the people in my life close to me."
Raising a $250 million Series D round may seem like a distant and unnecessary distraction to startup founders pitching investors for that first $1 million in seed money. But it shouldn't be, according to several founders and venture capitalists. In their view, founders should be charting out a strategy for those later stage fundraises from the beginning. Aven co-founder and CEO Sadi Khan said, while on stage at TechCrunch Disrupt, startup founders should start thinking about their later rounds before they raise their first financing.
As for companies being built, she has a preference for the founders looking to create something entirely new. "Where I tend to get excited is when I see someone who is using AI to do something that isn't 10x better. It's actually to create a whole new experience or workflow or behavior," she said. "That's what we're looking at. Less of the incremental changes and more totally new behaviors."
Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Studio Museum in Harlem reopens after seven years on 15 November. Its new home was created from the ground up on the museum's former footprint at 144 West 125th Street. The first purpose-built space in its 57-year history, the 82,000-sq.-ft building was designed by Adjaye Associates with Cooper Robertson as executive architect-the two teams also collaborated on the recently opened new Princeton University Art Museum. The Studio Museum's $300m price tag-fully fundraised, almost a quarter from public sources-includes construction, operating costs during closure and a $50m endowment (the institution's first).
My entrepreneurial ambitions led me to major in computer science, which opened the door to internships at companies like Meta, Slack, and Robinhood. My desire for more agency and autonomy over my work drove me to intern at progressively smaller companies. My first internship was with Facebook, which at that time had about 12,000 employees. When I joined Slack, it was a 1,200-person company. And finally, when I got to Robinhood, it was a 300-person company.
While Cindy is irreplaceable, we hope that everyone who knows and loves EFF will help us find our next leader. First and foremost, we are looking for someone who'll meet this pivotal moment in EFF's history. As authoritarian surveillance creeps around the globe and society grapples with debates over AI and other tech, EFF needs a forward-looking, strategic, and collaborative executive director to bring fresh eyes and new ideas while building on our past successes.
It's impossible to comprehend the pain that Katie and the boys are enduring. Barry was known to everyone as a funny, kind and caring man - a loyal friend, a loving partner, and an incredible father. He was deeply dedicated to his job which he loved with An Post and took immense pride in providing for his family. Above all, he cherished every moment with his children: Jayden (17), Jaxon (10), Archie (9), and Bodhi (2).
Welcome to the highlights and key takeaways from the recently released Django Developers Survey. Now in its fourth year, this annual collaboration between the Django Software Foundation and PyCharm tabulates responses from over 4,600 Django developers worldwide. If you work with Python and the web more broadly, there's a lot to learn from what's happening in the vibrant Django ecosystem. My name is Will Vincent, and I'm a longtime contributor to the Django community as well as a Developer Advocate at PyCharm.
"It's the last thing, and now the only thing, we can do for Anto and his family," he said. "It came as a big shock for us. We knew he went missing last Wednesday, and it was Sunday, on the fifth day, that his body was recovered. "He would have been 40 in a couple of weeks time, so we were gearing up for a big celebration for him. But we've all been left devastated for his family after what has happened."
On Tuesday's "TPBN" podcast, the show hosts John Coogan and Jordi Hays spoke with Microsoft CEO Satya Nadella after the announcement, noting that he is now a "peacetime CEO," as the dispute with OpenAI has been resolved. "I think AI and everything that it entails is going to be a core driver, and some of it'll come from just this intelligence and this sort of continual march of capability," Nadella said in response to the hosts' question on what he expects from the OpenAI agreement.
You will be able to hear her voice across TfL stations today to support the Royal British Legion's aim of raising more than £1 million from donations for the annual London Poppy Day appeal. Collections will take place at stations across the network until 7pm, with more than 1,700 volunteers supporting uniformed fundraisers, representing the Tri-Service contingent from across the Army, Navy and Royal Air Force.
ArtsWatch is trying something new for the last two months of the year, a way to celebrate the holidays and the season of giving and thanks. We've spent months dreaming up a few new features - ArtsWatch Insider included - and we're jazzed to roll them out. What's in store? Give!Guide This is launch day! We are honored that we were accepted into Willamette Week's Give!Guide this year. Our first time! Only 25% of new applicants were accepted and we received a coveted 3-year spot.
George Gallego has never accepted limits. The American paratriathlete and entrepreneur turned his accident that left him paralyzed into a lifelong mission to empower others. He is the founder of the Axis Project, a fitness community space he built with his own hands. Now, as the space prepares to close its doors on Oct. 31, he is racing to secure funding for a new location and keep his mission alive.
If you're reading this, you probably know the value of the Mercury' s newsreporting, arts and culture coverage, event calendar, and the bevy of events we host throughout the year. The work we do helps our city shine, but we can't do it without your support. If you believe Portland benefits from smart, local journalism and arts coverage, please consider making a small monthly contribution, because without you, there is no us. Thanks for your support!
These early renderings offer a preview of the creative rooms to come when the 2025 show house opens on November 7 While show houses are always an exciting amalgamation of creative inspirations, the Kips Bay Decorator Show House Dallas brings the added influence of Texas culture, which, in the past, has appeared in exuberantly crafted rooms as rich, earthy colors, expressive plaids and patterns, and even a jazzy country soundtrack.