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Down bad

TechCrunch LA

This week, we saw the interconnectedness of major institutions as crypto lending protocol Celsius stuttered and brought down Ethereum prices with it as investors feared a price collapse brought on by reportedly over-leveraged players like 3 Arrows Capital. As Celsius accelerates the crypto sell-off, who pays the price?

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Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

TechCrunch LA

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. Blade, led by founder and chief executive officer Rob Wiesenthal, a former Warner Music Group executive, has raised about $50 million in venture capital funding to date.

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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

How could Bird really be worth the reported $2 billion valuation that I read about in this press? While this reaction to such a valuation is understandable, to anybody who has seen the meteoric rise in consumer demand and actual revenue the valuation is much less surprising and may turn out to be quite conservative.

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What Is Claude AI and Anthropic? ChatGPT’s Rival Explained

Tech.Co

Who Owns Anthropic, and Who Funds It? An Intro to the Chatbot 8 Questions with Claude [Test] Claude Pricing & Tokens Explained Claude 2 and ChatGPT: Key Differences Should You Use Claude AI? Who Owns Anthropic, and Who Funds it? You'll also see how Claude differs from ChatGPT in key areas. What is Anthropic AI?

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Report: The Bay Area Isn’t Bleeding Tech Workers After All

Tech.Co

But, you’d be wrong, according to a new report out from LinkedIn. LinkedIn’s April report on the state of the U.S. LinkedIn’s April report on the state of the U.S. And, as it turns out, reports of Silicon Valley’s destination demise have been greatly exaggerated. San Francisco Skills Gap.

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10 Real World Hazards With Taking Your Startup Public

Startup Professionals Musings

Thus, today around 90 percent of successful startups are still acquired by bigger companies versus an IPO, as the safer and preferred method of growth and funding. Because public shareholders usually take the short-term view, they want to see constant rises in the stock's price so they can sell their shares for a profit.

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Startups have about $1 trillion worth of reasons to love the Biden infrastructure plan

TechCrunch LA

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.

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