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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter. ” my colleague Aisha notes.

Marketing 246
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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

Josh Kaplan and Dee Murthy, both founder and co-CEO of the Los Angeles–based company, started Ghost in 2021 after previously working together at Four Five Group, a men’s apparel business. They’ve also had suppliers sell perishable goods as well — a vendor sold 80,000 dates on the platform a month ago. “We’re

Product 191
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Inside the Realms of Ruin

TechCrunch LA

Then fans would be tasked with writing their own stories, submitting them to the Realms of Ruin universe by minting them as NFTs on the Solana blockchain. If the authors are inviting fans to write fan fiction about a universe they created, who owns the derivative works? — Amanda Woody (@AmandaWoody_) October 20, 2021.

Writing 196
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Upfront Ventures Raises > $650 Million for Startups and Returns > $600 Million to LPs

Both Sides of the Table

2021 saw phenomenal returns for our industry and it topped off more than a decade of unprecedented VC growth. Since 2021, Upfront returned more than $600 million to LPs and returned more than $1 billion since 2018. What do you do with a $650 million platform? The answer is: not much.

Startup 408