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OnlyFans Founder Joins TikTok Bidding War—A Game Changer for Social Media?

OnlyFans Founder Joins TikTok Bidding War—A Game Changer for Social Media?

Tim Stokely, founder of OnlyFans, has initiated a bid to acquire TikTok's US operations from ByteDance, partnering with his startup Zoop and The Hbar Foundation. This move, driven by a new US law mandating the sale of TikTok, aims to prioritize creators with improved revenue-sharing models. The White House is overseeing the negotiations, with President Trump reviewing multiple offers, including unexpected bids from Amazon and Oracle co-founder Larry Ellison. As the April 5 deadline looms, the outcome could transform the social media landscape.

Created at: April 5, 2025 5:28pm

OnlyFans Founder Tim Stokely Enters TikTok Bidding War—A Game Changer?

OnlyFans Founder Tim Stokely Enters TikTok Bidding War—A Game Changer?

Tim Stokely, founder of OnlyFans, has launched a bid to acquire TikTok's US operations from ByteDance, amid a national security deadline. His startup, Zoop, aims to revolutionize social media with a creator-first revenue model. The urgency arises from a new US law requiring the sale to an American firm to avoid a nationwide ban. The White House is overseeing the negotiations, with President Trump reviewing multiple offers. Other tech giants, including Amazon and Oracle co-founder Larry Ellison, are also vying for TikTok, intensifying the competitive landscape.

Created at: April 5, 2025 5:28pm

OnlyFans Founder Makes Bold Move to Acquire TikTok—A New Era in Social Media?

OnlyFans Founder Makes Bold Move to Acquire TikTok—A New Era in Social Media?

In a surprising development, Tim Stokely, the founder of OnlyFans, has launched a bid to purchase TikTok's US operations from ByteDance. Partnering with his startup Zoop and The Hbar Foundation, Stokely aims to secure the deal before the looming April 5 deadline, driven by new US regulations. This bid positions Zoop as a challenger to major tech players by prioritizing creator-friendly revenue models. The White House is directly involved in the sale, with President Trump reviewing offers from various interested parties, including Amazon and Oracle co-founder Larry Ellison.

Created at: April 5, 2025 5:28pm

TikTok Launches 'TikTok for Artists' to Empower Creators Amid US Ban Concerns

TikTok Launches 'TikTok for Artists' to Empower Creators Amid US Ban Concerns

ByteDance has introduced a new platform called 'TikTok for Artists' aimed at helping creators build their careers. Currently in testing in Asia and Oceania, the platform offers tools for artists to promote their music, engage with fans, and track performance metrics. This initiative comes as TikTok faces potential bans in the US, prompting a rush of American buyers to secure its future. The platform will allow artists to launch campaigns and promote merchandise, linking directly to major music services. Expansion to additional markets is planned in the future.

Created at: April 5, 2025 5:27pm

TikTok Launches 'TikTok for Artists' to Empower Creators

TikTok Launches 'TikTok for Artists' to Empower Creators

ByteDance has introduced a new platform, 'TikTok for Artists,' aimed at helping artists build their careers and expand their brands. Currently in testing across Asia and Oceania, this platform provides tools for aspiring creators to promote their music and engage with fans. It offers features such as campaign launches, merchandise promotion, and performance analytics. Despite facing potential bans in the U.S., TikTok continues to innovate and support artists amid ongoing discussions about its ownership and future in the market. The platform aims to enhance the creator economy on TikTok.

Created at: April 5, 2025 5:27pm

TikTok for Artists: A New Platform to Empower Creators

TikTok for Artists: A New Platform to Empower Creators

ByteDance has launched 'TikTok for Artists,' a platform designed to help artists grow their careers and brands on TikTok. Currently in testing across Asia and Oceania, the platform offers tools for song promotion, fan engagement, and performance metrics. This initiative arrives amid ongoing discussions about a potential U.S. ban on TikTok. Artists can utilize the platform to launch campaigns, promote merchandise, and link their music to streaming services. With significant interest from U.S. buyers, TikTok aims to secure its future amidst regulatory challenges.

Created at: April 5, 2025 5:27pm

Flexport CEO Ryan Petersen Optimistic on Global Trade Amid Tariff Chaos

Flexport CEO Ryan Petersen Optimistic on Global Trade Amid Tariff Chaos

Flexport CEO Ryan Petersen expressed a cautious optimism regarding global trade despite the turmoil caused by new U.S. tariffs on trading partners. In a recent conversation with TechCrunch, he discussed the significant impact of these tariffs on international supply chains. Petersen highlighted the industry's response to this challenge and emphasized the potential for long-term growth in global trade. His insights reflect a belief that opportunities still exist despite current disruptions in the market. The discussion sheds light on how businesses can navigate these turbulent times.

Created at: April 5, 2025 5:26pm

San Francisco Mayor Lurie Envisions City’s Rebound Amid Startup Challenges

San Francisco Mayor Lurie Envisions City’s Rebound Amid Startup Challenges

San Francisco Mayor Daniel Lurie believes the city is poised for a resurgence, despite recent declines in its perception. In an interview with TechCrunch, Lurie discussed his strategic initiatives aimed at revitalizing the local startup ecosystem, with a particular emphasis on AI development. He highlighted both administrative reforms and grassroots efforts designed to attract tech talent back to the city. Lurie’s vision seeks to restore San Francisco’s status as a leading hub for innovation and entrepreneurship, fostering collaboration among startups and industry leaders.

Created at: April 5, 2025 5:26pm

AI Revolutionizes Venture Capital: Insights from Forerunner's Kirsten Green

AI Revolutionizes Venture Capital: Insights from Forerunner's Kirsten Green

At a recent StrictlyVC event in San Francisco, Forerunner founder Kirsten Green discussed how AI is transforming venture capital. The firm has successfully anticipated consumer trends with investments in companies like Oura and Chime. Green highlighted Forerunner's strategy of leveraging AI to identify emerging markets. The conversation, led by TechCrunch Editor Connie Loizos, explored the future of investment in the AI era. Green's insights reflect a growing trend in the industry, emphasizing the need for innovation and adaptability. Forerunner's success serves as a case study for the potential of AI in venture capital.

Created at: April 5, 2025 5:25pm

AI Leads a New Era in Venture Capital, Says Forerunner's Kirsten Green

AI Leads a New Era in Venture Capital, Says Forerunner's Kirsten Green

At a recent StrictlyVC event in San Francisco, Forerunner founder Kirsten Green discussed how artificial intelligence is transforming venture capital. Forerunner has successfully invested in companies like Oura and Chime, capitalizing on emerging consumer trends. Green shared insights into the firm's strategy for navigating the AI landscape and highlighted the opportunities ahead. Her remarks signal a significant shift in investment approaches as AI continues to evolve. The discussion, moderated by TechCrunch Editor Connie Loizos, underscored the growing importance of AI in shaping future ventures.

Created at: April 5, 2025 5:25pm

Kalshi: Making Prediction Markets a Mainstream Financial Opportunity

Kalshi: Making Prediction Markets a Mainstream Financial Opportunity

Kalshi has emerged as America's leading prediction market, facilitating a trading ecosystem centered on political, sports, and cultural events. While some states view its operations as illegal and in need of gambling licenses, others see it as a fresh financial avenue. CEO Tarek Mansour discusses in a recent TechCrunch interview how Kalshi serves as a global source of truth in the evolving financial landscape. This innovation is reshaping perspectives on market predictions and financial engagements across various sectors.

Created at: April 5, 2025 5:25pm

Kalshi: Shaping the Future of Prediction Markets

Kalshi: Shaping the Future of Prediction Markets

Kalshi has emerged as America's largest prediction market, establishing a trading economy focused on political, sports, and cultural events. While some states view it as an illegal venture needing gambling licenses, others, including certain courts and Trump administration members, see it as a financial opportunity. CEO Tarek Mansour discusses Kalshi's role as a global source of truth in a recent interview. The platform aims to democratize access to prediction markets, despite regulatory challenges. This innovative approach could redefine how people engage with event outcomes.

Created at: April 5, 2025 5:25pm

Kalshi: Pioneering the Future of Prediction Markets in America

Kalshi: Pioneering the Future of Prediction Markets in America

Kalshi has emerged as the leading prediction market in the United States, facilitating a trading economy around various events, including politics and sports. While some states view it as an illegal gambling operation requiring licenses, others see it as a novel financial opportunity. CEO Tarek Mansour discusses Kalshi's vision as a global source of truth in a recent interview. The platform's growth highlights the evolving landscape of financial markets and the legal challenges that accompany innovation. As it gains traction, Kalshi is redefining how people engage with predictions.

Created at: April 5, 2025 5:25pm

San Francisco Mayor Lurie Aims to Revive Tech Scene by Addressing Urgent Issues

San Francisco Mayor Lurie Aims to Revive Tech Scene by Addressing Urgent Issues

San Francisco Mayor Daniel Lurie is actively reaching out to tech CEOs to revitalize the city's business environment. During a recent event, he emphasized the need to tackle homelessness and drug-related crises to attract entrepreneurs back. Lurie announced initiatives like Permit SF to streamline business operations and a zoning proposal for taller buildings. He aims to make San Francisco competitive in the tech space by offering tax breaks to AI companies while encouraging them to invest in local culture. The mayor insists that innovation must return to the city, positioning it as a hub for the future.

Created at: April 5, 2025 5:24pm

Ente Aims to Disrupt Google Photos with Privacy-First Approach

Ente Aims to Disrupt Google Photos with Privacy-First Approach

Ente, an open-source photo storage service created by former Google employee Vishnu Mohandas, seeks to compete with Google Photos by prioritizing user privacy. The service offers end-to-end encryption, enabling users to store images securely without the company accessing their data. With over 150,000 registered users storing 165 million photos, Ente provides a web client and apps for Android, iOS, and desktop. Plans start at $9.99 per month for 1TB of storage, and the service features local processing for improved privacy. Mohandas emphasizes cautious growth without seeking venture capital funding.

Created at: April 1, 2025 12:30pm

Africa's Startup Landscape: A Mixed Bag of Growth and Challenges

Africa's Startup Landscape: A Mixed Bag of Growth and Challenges

In 2025, African startups saw funding surpass $2 billion, a return to pre-pandemic levels amidst a decline in mega-deals. This trend has prompted investors to focus on sustainable business models, leading to high-profile closures, including Copia and Gro Intelligence. While some startups pivoted to adapt, others like Moniepoint and TymeBank achieved unicorn status through significant investments. The landscape reflects both escalating challenges and resilient adaptations, highlighting the continent's potential and shaping future conversations in tech. The spotlight remains on these billion-dollar ventures and emerging 'soonicorns.'

Created at: March 29, 2025 2:30pm

Frank Rotman of QED Investors Shifts Focus to Music Startups

Frank Rotman of QED Investors Shifts Focus to Music Startups

Frank Rotman, co-founder of QED Investors, will step down to pursue his own startups, including ventures in the music industry, as confirmed in a recent X post. After nearly two decades at QED, where he played a pivotal role in numerous fintech investments, Rotman plans to transition to a partner emeritus position by January 1, 2026. He also intends to write a book about his insights on startups and venture capital. QED will promote Amias Gerety to lead its U.S. investment team, ensuring continuity of operations.

Created at: March 28, 2025 9:30pm

Willow Acquires Elvie as Femtech Faces Consolidation Challenges

Willow Acquires Elvie as Femtech Faces Consolidation Challenges

Willow, a San Francisco-based startup known for its wearable breast pumps, has acquired Elvie, a UK femtech pioneer entering administration. This merger comes amid a challenging market for women's health startups, which have raised over $5 billion in funding over five years but are now facing significant headwinds. Elvie, which raised $186 million, struggled to maintain its valuation and operations. Willow aims to capitalize on this acquisition to create a broader platform amid dwindling exit opportunities in the femtech sector. The deal reflects ongoing consolidation trends in the industry as both companies adapt to market pressures.

Created at: March 28, 2025 5:30pm

YouTube Premium Unveils Ad-Free Video Sharing Feature with Limits

YouTube Premium Unveils Ad-Free Video Sharing Feature with Limits

YouTube Premium is introducing a new ad-free video sharing feature aimed at enhancing user experience. Premium members can now share up to ten ad-free videos monthly with non-subscribers, potentially converting them into paying customers. This feature is currently being tested in select countries, including Canada, the UK, and Brazil. However, restrictions apply, as shared links will expire after 30 views or 30 days. While this initiative may boost subscriptions, its permanence remains uncertain as Google evaluates its impact.

Created at: March 28, 2025 1:30pm

Apple's Foldable iPhone to Feature Revolutionary Liquid Metal Hinge

Apple's Foldable iPhone to Feature Revolutionary Liquid Metal Hinge

Apple is reportedly developing a foldable iPhone that will utilize a liquid metal hinge, which is 2.5 times stronger than titanium. This innovative material promises to enhance durability and longevity, addressing common issues faced by foldable devices. The hinge's structural rigidity could minimize visible creases on the OLED screen, ensuring a smoother user experience. Analysts suggest that this focus on durability positions Apple competitively in the foldable smartphone market. While other brands have already launched foldable models, Apple's meticulous approach aims for a refined product launch expected in 2026.

Created at: March 28, 2025 11:00am

Last Chance to Save $300+ on TechCrunch All Stage Tickets!

Last Chance to Save $300+ on TechCrunch All Stage Tickets!

TechCrunch is reminding founders and investors that only four days remain to secure over $300 in savings for the All Stage event on July 15 in Boston. This event will unite 1,200 founders and venture capitalists, providing essential insights for startup growth. Attendees can participate in early-stage and growth-stage breakout sessions, engage in roundtable discussions, and network in intimate settings. The deadline to purchase tickets at discounted rates is March 31 at 11:59 p.m. PT. Don’t miss this opportunity to accelerate your startup journey.

Created at: March 27, 2025 2:00pm

Abound Secures $14M to Transform Remittance for Indian Americans

Abound Secures $14M to Transform Remittance for Indian Americans

Abound, a remittance app spun off from Times Internet, has raised $14 million in its inaugural funding round to enhance services for Indian expats in the U.S. The app facilitates money transfers to India, with an emphasis on rewards and cashback offers. CEO Nishkaam Mehta highlighted the wealth of Indian Americans, stating they are underserved by existing financial products. With over $150 million processed in remittances, Abound plans to expand its offerings and tech infrastructure while targeting markets like Canada and Singapore. Times Internet remains the largest stakeholder, supporting Abound's growth.

Created at: March 27, 2025 12:00pm

Silicon Valley Founders and VCs Join Forces with Elon Musk's DOGE

Silicon Valley Founders and VCs Join Forces with Elon Musk's DOGE

A recent report highlights the growing influence of Silicon Valley entrepreneurs and venture capitalists within the Department of Government Efficiency (DOGE), established to cut government spending. Notable figures include Airbnb co-founder Joe Gebbia and VC Marc Andreessen, both of whom are taking on significant roles in government. The report reveals previously unreported members like Mike Gonzalez, former founder of HR startup TraceHQ. This shift signals a new era where tech disruptors are shaping federal policies and operations, raising questions about government efficiency and accountability.

Created at: March 26, 2025 7:00pm

Bradley Tusk Ditches Traditional VC Model for Equity-for-Services Approach

Bradley Tusk Ditches Traditional VC Model for Equity-for-Services Approach

Bradley Tusk, co-founder of Tusk Venture Partners, announced a shift from traditional venture capital to an 'equity-for-services' model, claiming conventional VC is dead. He highlighted challenges like high interest rates and market volatility for startups. Tusk stated he hasn't returned capital to investors in four years, prompting his change. By accepting equity in exchange for expertise in navigating regulations, he aims to make more money while focusing on what he loves. Tusk will continue supporting existing portfolio companies until 2031.

Created at: March 26, 2025 6:00pm

Countdown: Last Chance to Save Big on TechCrunch All Stage Tickets!

Countdown: Last Chance to Save Big on TechCrunch All Stage Tickets!

TechCrunch is reminding founders and investors that just five days remain to secure discounted passes for the All Stage event on July 15 in Boston. Attendees can save over $300 by registering before March 31, 11:59 p.m. PT. This summit will feature key insights from leading VCs and industry experts, focusing on scaling startups from seed to IPO. New breakout sessions will cater to both early-stage and growth-stage founders. Networking opportunities and exclusive roundtables will enhance collaboration. Don't miss this chance to elevate your startup journey!

Created at: March 26, 2025 2:00pm

ATmosphere Conference Empowers Users to Reclaim the Web

ATmosphere Conference Empowers Users to Reclaim the Web

The ATmosphere Conference recently took place in Seattle, gathering over 150 developers and advocates focused on the AT Protocol, which underpins the Bluesky social network. Attendees discussed the need for decentralized social apps that prioritize user control over data and algorithms. Key speakers included Bluesky CEO Jay Graber and OAuth co-author Blaine Cook, who shared insights on past failures and future aspirations. The event emphasized community-building and the importance of support for marginalized groups in the digital space. Participants left inspired to continue developing safer online environments.

Created at: March 25, 2025 4:30pm

Gen Z Creator Kat Abughazaleh Launches Congressional Campaign Amid Musk's Controversy

Gen Z Creator Kat Abughazaleh Launches Congressional Campaign Amid Musk's Controversy

Kat Abughazaleh, a 26-year-old social media creator, has announced her candidacy for Congress in Illinois’ Ninth District, responding to Elon Musk's previous mockery of her layoff from Media Matters. With over half a million followers, she aims to address key issues like affordable housing and expanded social security. Abughazaleh's campaign strategy heavily utilizes Bluesky, where she raised $100,000 within hours. She seeks to inspire younger candidates and be a voice for her generation, emphasizing a need for stronger digital outreach from Democrats. Her run may redefine Gen Z political engagement.

Created at: March 25, 2025 3:30pm

TechCrunch All Stage 2025: Save $300+ on Passes Before March 31!

TechCrunch All Stage 2025: Save $300+ on Passes Before March 31!

TechCrunch's premier founder conference, TC All Stage 2025, is set for July 15 in Boston. Attendees can save over $300 by registering before March 31, benefiting from Super Early Bird rates. The event features insightful sessions, roundtables, and networking opportunities tailored for founders and VCs. Key discussions will include essential topics for early-stage startups, such as crafting pitch decks and understanding VC evaluations. This is an unmissable opportunity for entrepreneurs looking to scale their ventures and connect with industry leaders.

Created at: March 25, 2025 2:30pm

Step into the Spotlight at TechCrunch Disrupt 2025: Apply to Speak Now!

Step into the Spotlight at TechCrunch Disrupt 2025: Apply to Speak Now!

TechCrunch invites innovators and entrepreneurs to apply for speaking opportunities at Disrupt 2025, scheduled for October 27–29 in San Francisco. Participants can choose between leading breakout sessions or roundtable discussions, each designed to engage audiences on key startup topics. The application deadline is May 16, and all submissions will be reviewed, with finalists moving to an Audience Choice voting round. This event aims to gather over 10,000 attendees, offering a platform for sharing expertise and shaping the future of the tech industry.

Created at: March 24, 2025 3:30pm

TechCrunch Opens Applications for Startup Battlefield 200 Competition

TechCrunch Opens Applications for Startup Battlefield 200 Competition

TechCrunch has announced the opening of applications for its Startup Battlefield 200 competition, aimed at pre-Series A startups. Participants will have the chance to showcase their innovations on a global stage during Disrupt 2025. The competition offers exposure to top VCs, a chance to pitch on the Disrupt Stage, and a coveted equity-free prize of $100,000. With thousands of startups expected to apply, early submissions are encouraged. Startup Battlefield has a history of launching successful companies, making this a vital opportunity for emerging entrepreneurs.

Created at: March 24, 2025 2:30pm

Unlock Startup Success: Join TC All Stage 2025 in Boston!

Unlock Startup Success: Join TC All Stage 2025 in Boston!

TechCrunch All Stage returns to Boston on July 15, offering founders and VCs a unique opportunity to connect and grow. Attendees will benefit from expert-led sessions designed to enhance startup strategies and networking. Early Bird registration ends March 31, allowing participants to save over $300 on passes. The event promises hands-on workshops, meaningful connections, and insights from industry leaders. Join 1,200 innovators to explore new growth avenues and maximize business visibility. Don’t miss this chance to elevate your startup journey.

Created at: March 24, 2025 2:30pm

Elon Musk's Tesla Restaurant Stalls as Food Suppliers Withdraw

Elon Musk's Tesla Restaurant Stalls as Food Suppliers Withdraw

Elon Musk's ambitious Tesla diner project in Santa Monica has hit a standstill, with no food vendors willing to participate. Initially envisioned as a high-tech dining experience for electric vehicle owners, the diner has faced backlash due to Musk's controversial behavior and recent protests. Major suppliers like Wolfgang Puck and Shake Shack have reportedly backed out, fearing political backlash. Additionally, Tesla's stock has plummeted by 50%, complicating Musk's ability to attract investors. The diner now sits empty, embodying the gap between aspiration and reality.

Created at: March 24, 2025 6:00am

Gwyneth Paltrow Confirms Goop's Growth Amidst Industry Challenges

Gwyneth Paltrow Confirms Goop's Growth Amidst Industry Challenges

In a recent Vanity Fair cover story, Gwyneth Paltrow provided an update on her lifestyle brand Goop, which has raised over $140 million since its inception in 2008. Despite recent layoffs and reports of flat sales since 2021, Paltrow emphasized that Goop is experiencing a 10% revenue growth compared to 2023. The brand is optimizing its profitability while expanding its offerings, including Goop Beauty and Goop Kitchen. Paltrow remains optimistic about competition in the wellness sector, asserting that there is ample opportunity for all brands to thrive.

Created at: March 20, 2025 8:00pm

Telegram Surpasses 1 Billion Users; Durov Slams WhatsApp as 'Cheap Imitation'

Telegram Surpasses 1 Billion Users; Durov Slams WhatsApp as 'Cheap Imitation'

Telegram has reached a significant milestone with over one billion active users, while CEO Pavel Durov criticized WhatsApp, labeling it a 'cheap knockoff.' Durov claims WhatsApp has spent billions on lobbying to undermine Telegram's growth. Despite these challenges, Telegram reported a profit of $547 million in 2024. Durov's comments come after his return from a legal battle in France, where he faced serious allegations, which he vehemently denied. Telegram is also taking steps to address illegal content on its platform, partnering with the Internet Watch Foundation.

Created at: March 20, 2025 10:00am

Michael Seibel Transitions to Emeritus Role at Y Combinator

Michael Seibel Transitions to Emeritus Role at Y Combinator

Michael Seibel announced his transition to a partner emeritus role at Y Combinator after over 12 years with the accelerator. Previously a founder and CEO, Seibel managed various roles within YC, including group partner and managing director. His reduced operational role aligns with a desire to help government serve citizens better, a passion he aims to reignite. The announcement, made via X, took some employees by surprise, especially following Garry Tan's appointment as CEO in 2022. Seibel will take a summer break before his new endeavors begin.

Created at: March 20, 2025 6:01am

Bluesky’s T-Shirt Sales Outshine Custom Domains with Zuck Jab

Bluesky’s T-Shirt Sales Outshine Custom Domains with Zuck Jab

Bluesky CEO Jay Graber recently showcased a T-shirt at SXSW that humorously critiqued Mark Zuckerberg, leading to a spontaneous surge in sales. The shirt, which features a Latin phrase meaning 'a world without Caesars,' quickly sold out, generating more revenue in a single day than two years of custom domain sales. COO Rose Wang jokingly suggested a pivot to T-shirt sales due to the overwhelming demand. As Bluesky continues to explore monetization strategies, its unexpected fashion venture highlights the intersection of tech and culture.

Created at: March 19, 2025 6:30pm

TechCrunch All Stage 2025: A Must-Attend Event for Founders

TechCrunch All Stage 2025: A Must-Attend Event for Founders

TechCrunch All Stage will take place on July 15 in Boston, featuring an impressive agenda tailored for founders at all stages. The event will include expert sessions on crucial topics such as VC evaluations, scaling strategies, and crafting pitch decks. New this year, a dedicated track for growth-stage startups will offer insights on raising capital and scaling businesses. Attendees will benefit from interactive presentations, roundtable discussions, and networking opportunities. Early-bird tickets are available, promising significant savings for participants eager to enhance their entrepreneurial journey.

Created at: March 17, 2025 2:00pm

Elon Musk Unveils Ambitious Mars Mission with Optimus Robot Aboard Starship

Elon Musk Unveils Ambitious Mars Mission with Optimus Robot Aboard Starship

Elon Musk has announced plans to launch Tesla's Optimus robot to Mars aboard the Starship rocket by late 2026. If initial robotic landings succeed, human missions could start as early as 2029. Starship, the largest rocket ever built, aims to facilitate interplanetary exploration and reduce costs for future missions. However, SpaceX faces regulatory scrutiny after a recent failed test flight of its prototype. NASA also plans to use a modified Starship for lunar missions. Musk envisions a future where humanity thrives on Mars and beyond.

Created at: March 15, 2025 3:30pm

Startups Weekly: Optimism Surges as Founders Raise Less but Secure Significant Deals

Startups Weekly: Optimism Surges as Founders Raise Less but Secure Significant Deals

This week in the startup world revealed a growing sense of optimism among entrepreneurs, highlighted by notable deals and funding activities. Hinge Health filed to go public while Fervo Energy plans an IPO in the coming years. Peak.ai was acquired by UiPath, showcasing strategic moves within the industry. Notable funding rounds included Ditto's $82 million Series B and Nirvana's $80 million Series C for an AI-driven insurance platform. Meanwhile, Northvolt filed for bankruptcy, marking a stark contrast in the landscape. Overall, startup confidence remains resilient despite challenges.

Created at: March 14, 2025 5:31pm

Kerry Washington Leads Investment in Wedding Marketplace Cheersy

Kerry Washington Leads Investment in Wedding Marketplace Cheersy

Kerry Washington has made headlines by becoming the lead investor in Cheersy, a wedding marketplace founded by Amy Shack Egan, which has raised $550,000 in its pre-seed round. Cheersy connects couples with day-of wedding coordinators, addressing a high demand for such services. Washington's involvement comes as she expands her angel investment portfolio, which includes backing various startups. Shack Egan's journey to secure funding was challenging, yet she aims to enhance Cheersy’s platform and expand its reach into six new cities. The funding will also support hiring a user experience designer.

Created at: March 14, 2025 12:30pm