Fireflies co-founder Kris Udotong reportedly admitted the company’s “AI” meeting assistant was actually him and his co-founder manually taking notes. CEO Sam Ramineni now claims the platform has always operated without human reviewers, creating confusion about what customers actually paid for.
OnlyFans CEO Keily Blair has built a massively profitable business with an incredibly lean team of just 42 employees. She’s eliminated middle management entirely, calling it a “squidgy layer” that adds little value. Instead, she hires only senior leaders and hungry junior talent who believe in the m
Maybern secured $50 million in Series B funding to modernize the $16 trillion private capital market. The company aims to replace fragmented spreadsheets with AI-driven infrastructure for fund operations. But can they really fix an industry that’s been resistant to change for decades?
India’s wealthy next generation is transforming family offices by moving from physical assets to startup investments. Venture capital firms are seeing massive inflows from family money, with some funds getting nearly half their capital from these sources. The shift represents a fundamental change in
Code Metal just landed $36.5 million in funding led by Accel Partners. The startup’s AI technology automatically translates code between programming languages, targeting industries like automotive, defense and consumer electronics.
Groww’s successful $748 million IPO marks a major milestone for Indian fintech. The online brokerage saw its shares surge 29% on debut, reflecting massive investor appetite for India’s retail investing story. This could open the floodgates for more Indian tech IPOs.
Europe’s tech sector represents nearly 20% of the continent’s growth champions, with companies like Virta leading the charge. But despite rapid growth, European startups struggle to compete with US and Chinese counterparts for funding and listings. The battle for Europe’s tech future is heating up.
Step Venture has launched a €30 million fund targeting Italian startups with international growth potential. The fund focuses on Seed-stage investments in FinTech, HealthTech, and connected-world technologies, with significant backing from EU recovery funds and a strategic focus on Southern Italy.
Opendoor Technologies is distributing tradable warrants to shareholders in a strategic move that CEO Kaz Nejatian openly admits is meant to cause pain for short sellers. The real estate iBuyer’s stock jumped 22% on Monday as retail investors cheered the plan. However, market strategists warn that fo
Funko Pop just warned investors there’s “substantial doubt” about its ability to continue operating. The company faces $241 million in debt and just posted a $1 million quarterly loss. Their survival plan involves mini-figures and mystery vending machines.
