Facebook-backed Unacademy acquires PrepLadder for $50 million
Indian online learning platform Unacademy said on Tuesday it has acquired Chandigarh-based startup PrepLadder for $50 million — in a cash and stock deal — as the Facebook-backed edtech giant scouts for deals to expand its presence in the country.
PrepLadder, which employs about 150 people, offers courses aimed at medical students. The two-year-old startup, which never raised ...Continue reading
TikTok faces ban in the US; pulls out of Hong Kong
The world’s most popular short video app continues to be in the crosshairs of politicians globally.
On Monday night, Secretary of State Mike Pompeo told Fox News that the United States is “certainly looking at” banning TikTok over concerns that it could be used by the Beijing government as a surveillance and propaganda tool.
The potential ban would deal another b...Continue reading
Secretive data startup Palantir has confidentially filed for an IPO
Secretive big data and analytics startup Palantir, co-founded by Peter Thiel, said late Monday it has confidentially filed paperwork with the U.S. Securities and Exchange Commission to go public.
Its statement said little more. “The public listing is expected to take place after the SEC completes its review process, subject to market and other conditions.”
Palantir did...Continue reading
Victress Capital, a fund founded by women to back women founders, just closed its second fund
Women start 40 percent of the businesses in the U.S., but they receive just 3% of venture funding. It doesn’t take a math whiz to recognize that such an extreme funding gap could spell opportunity, but it might help if you are math minded, a longtime investor, and happen to be woman and so conceivably understand certain products and pitches better than some men.
That was certainly ...Continue reading
Email is broken and Hey’s Jason Fried is here to fix it
Email is a critical tool in modern-day communications, so it’s natural that many entrepreneurs have tried to overhaul it over the years.
In the last decade, email client Mailbox came and went, Slack launched to try to give people an alternative to email and Superhuman emerged to help people more easily reach the promised land of Inbox Zero.
The latest startup to tackle email...Continue reading