As Facebook prepares to launch its new cryptocurrency Libra in 2020, it’s putting the pieces in place to help it run. In one of the latest developments, it has acquired Servicefriend, a startup that built bots — chat clients for messaging apps based on artificial intelligence — to help customer service teams, TechCrunch has confirmed. […]
You are a founder of a deep tech company in pharma and also the head of the Startup Ecosystem Accelerator. Tell me about it? Hi, Simon! Thank you for the opportunity to share the story. My journey as an entrepreneur was unplanned but when it started four years ago, I realized that building a startup
Steven Nerayoff (second from right) tweeted the above photo of himself alongside StormX founder Simon Yu (third from right) and COO Arry Yu (second from left) in March 2018. “Great friends in blockchain are immutable!” he wrote in the caption. Nerayoff was arrested this week for extorting a company reportedly identified as StormX. (Photo via
Cryptocurrency extortion scheme targeted Seattle startup StormX, report says – GeekWire Read More »
Marketing budgets vary widely by industry, company size and business goals. Trying to figure out exactly how much you should be spending can be tricky – and if you ask 10 people what they think, you’re going to get 10 different answers. For example, the U.S. Small Business Administration recommends spending 7-8% of your company’s revenue
What Percentage of Your Revenue Should You Allocate to Marketing? Read More »
(Split Bio Photo) University of Washington spinout Split Bio raised $560,000 in bridge financing to fund the manufacturing of kits that allow scientists to perform high throughput single-cell RNA sequencing. The new money brings Split’s total amount raised to $2 million, following a $1.2 million round last year and a $225,000 award from the National
When you hear the name Acronis, chances are you’re thinking about products like its disk cloning tool True Image or maybe its backup services. The company, though, wants you to think about cyber protection and all of its products (and their marketing) are now focused on this direction. To expand on this vision, the company
It’s hard to find the expert help you need right at the clutch moment when you’re building your startup. We’re trying to solve that problem through a product we’ve been developing this year, called Verified Experts — and we’d like to get some more input on it from startup people like you. As in real
Human launched its wireless headphones on Aug. 20, and quickly dropped the price from $399 to $259 based on consumer reaction. (Human Photo) Human, the Seattle startup that launched its distinctive ear-shaped wireless headphones last month after five years of development, has laid off almost its entire team — including its CEO and other top
Blockstack PBC, a startup that has built a blockchain-based network for decentralized apps, Tuesday said it has raised $23 million in an initial coin offering historic as the first token sale to be endorsed by the U.S. Securities and Exchange Commission. Approval for Blackstack’s ICO was granted under Regulation A+, established under the Jumpstart Our Business Startups Act, that
Blockstack raises $23M in historic initial coin offering endorsed by the SEC Read More »
(Swiftly Photo) Swiftly raised a $15.6 million seed round to help grocery stores and other retailers up their technology offerings to keep up with Amazon and Walmart. The funding round coincides with the debut of what the Seattle startup calls an “operating system for brick and mortar stores.” The system is live in grocery stores
