Critics rip Jimmy Finkelstein media startup ‘The Messenger’
The Messenger, the yet-to-be-launched news site by media mogul Jimmy Finkelstein, is a money-making business led by old-school executives with “delusional” ambitions in an increasingly fierce business, according to industry insiders. There is a danger of becoming Finkelstein, former co-owner of The Hollywood Reporter and The Hill, who has raised $50 million to fund the […]
Silicon Valley Bank failure sparks startup concerns, ‘bailout’ pushback
The failure of Silicon Valley Bank late last week poses significant challenges to the tech industry, which is intertwined with banks through multiple companies and affiliated venture capital firms. The failure, the first major bank failure in 15 years, spurred immediate concerns on Friday by affecting businesses’ day-to-day operations such as payroll. Government measures to […]
Silicon Valley Bank collapse rocks start-up community
Emil Michael, CEO of DPCM Capital and former chief business officer of Uber, argues that small businesses will diversify their banking partners after the Silicon Valley Bank collapse. The collapse of Silicon Valley Bank on Friday sent shockwaves through the startup community. Despite the federal government’s efforts to calm fears, investors and founders say the […]
CEO of Startup Accelerator ‘Y Combinator:’ Silicon Valley Bank Failure Is an ‘Extinction-Level Event’
Garry Tan, president and CEO of Y Combinator, recently called the failure of Silicon Valley Bank an “extinction level event” for tech startups. Y Combinator has helped launch over 4,000 technology companies, including Airbnb, DoorDash, and Stripe. market watch report The collapse of Silicon Valley Bank (SVB) has shocked the tech startup community, raising concerns […]
Altria in talks to buy vaping startup NJOY for at least $2.75 billion, divest its stake in Juul
Kate Institute Senior Fellow Jeffrey Singer joins “Kennedy” to discuss how the FDA ordered e-cigarette company Jules to withdraw its products from the U.S. market. Marlboro maker Altria Group is in talks to buy e-cigarette startup NJOY Holdings for at least $2.75 billion and plans to sell a stake in Jul Labs, according to people […]