Crypto – The New Market for Lemons

Ever buy a used car only to realize later that you've purchased a lemon? That scenario occurs because of information asymmetry between the seller -- who knows the car is a lemon -- and the buyer who doesn't. Without transparency, the market assumed that any used car for sale is a lemon, so that drove [...]

By |December 17th, 2024|Uncategorized|

AI boom masks fundraising struggles for non-AI startups

Earlier this year, IVP general partner Tom Loverro, proclaimed that the post-pandemic downturn is over, and companies that made it this far should prioritize growth over cost-cutting. Yet, the companies still struggling to raise their next round of financing at a higher valuation or survive altogether could still be in the thousands, according to Brian [...]

By |December 17th, 2024|Uncategorized|

Grammarly acquires productivity startup Coda, brings on new CEO

Grammarly is acquiring productivity startup Coda, the company announced on Tuesday. As part of the deal, Coda’s CEO and co-founder Shishir Mehrotra will become the new CEO of Grammarly. The financial terms of the deal were not disclosed. The acquisition will help turn Grammarly’s AI assistant into an “AI productivity platform” thanks to the addition [...]

By |December 17th, 2024|Uncategorized|