Rivian and Lucid are still burning a lot of cash, but thankfully, they have rich backers

Image: Getty This week’s earnings reports make two things clear about the viability of the electric vehicle future: EV-only companies are continuing to struggle and lose lots of money, and having wealthy investors who are willing to pour money into your money-losing operation is the difference between survival and bankruptcy. Two of the big US-based … Read more

How Different Industries are Capitalizing on AI: A Deep Dive

From personalized learning experiences in classrooms to sophisticated fraud detection in finance, AI is transforming how we work, shop, and even receive healthcare. But how exactly are different industries capitalizing on this powerful technology? Source Globally, the above data shows that at least 66% of CEOs have either already adopted AI into their business operations … Read more

Measuring Financial Success and Capital Growth in Startup Portfolios

:::info Authors: (1) Mark Potanin, a Corresponding (authorpotanin.m.st@gmail.com); (2) Andrey Chertok, (a.v.chertok@gmail.com); (3) Konstantin Zorin, (berzqwer@gmail.com); (4) Cyril Shtabtsovsky, (cyril@aloniq.com). ::: Table of Links Abstract and 1. Introduction 2 Related works 3 Dataset Overview, Preprocessing, and Features 3.1 Successful Companies Dataset and 3.2 Unsuccessful Companies Dataset 3.3 Features 4 Model Training, Evaluation, and Portfolio Simulation … Read more

The Bitcoin Revolution: A Vision for a Decentralized Future from Bitcoin 2024

In my previous writings, I explored how Bitcoin’s proof-of-work mechanism holds the power to transform not just financial transactions, but the very fabric of societal governance. From influencing American politics to inspiring decentralized models like Tonga’s, this core innovation pioneered by Satoshi Nakamoto is reshaping power dynamics and offering a blueprint for a more equitable … Read more

Cocoon is transforming steel production runoff into a greener cement alternative

Slag is the molten runoff created while producing steel in a traditional blast furnace. The material has been prized as greener cement alternative for creating concrete, the Earth’s most abundant human-made material. The runoff is facing supply chain issues, however, as the steel industry looks to greener methods of production. Increasingly, steel producers in the … Read more

What Tech Startups Can Learn from Failed Projects: A Candid Look at My First Fintech Venture

Failure in startups is not just common; it’s practically expected. The path to success is narrow, and the potential pitfalls are numerous. The more we, as founders, understand the various ways a startup can fail, the better prepared we are to set realistic expectations, control outcomes, and hedge risks. This is the story of my … Read more