3 lies VCs tell ourselves about startup valuations
VCs need to stop engaging in self-delusion about why a valuation that is too high might be OK. Here are three common lies investors tell themselves to rationalize an undisciplined valuation decision. Scott Lenet Contribu.....»»
Fisker to report Q3 earnings after slow sales, price adjustments
The California-based startup cut its 2023 production forecast in August because of manufacturing issues and reduced the Ocean EV's price by $7,500 in October for the top Extreme trim......»»
AV startup May Mobility raises another $105M in Series D round
The latest round brings the 6-year-old company's total funding to approximately $300 million to date......»»
Lucid faces tough Q3 earnings call after slow sales, price cuts
The startup is expected to lose $338,000 for every Air sedan it makes this year, according to Bloomberg Intelligence. On the upside, Lucid will present its new Gravity crossover on Nov. 16......»»
Battery startup ONE begins making its own cells in metro Detroit
Our Next Energy Inc., the Novi-based battery startup led by Apple Inc. veteran Mujeeb Ijaz, has started making prototype cells at its Michigan battery plant — an early milestone in its goal to become a homegrown U.S. battery manufacturer......»»
Fisker cuts Ocean EV price by $7,500 for top trim just months after launch
The California-based startup is also adjusting the prices on the mid-level Ultra trim and base Sport trim in response to market conditions......»»
Atom Computing is the first to announce a 1,000+ qubit quantum computer
A startup company has upped its qubit count by an order of magnitude in two years. Enlarge / The qubits of the new hardware: an array of individual atoms. (credit: Atom Computing) Today, a startup called Atom Computing a.....»»
Check out the NASA EV that will drive Artemis crew (partway) to the moon
NASA and EV startup Canoo Technologies have shown off the vehicle that will transport the next lunar astronauts to the launchpad at the Kennedy Space Center......»»
Hubble captures spiral galaxy IC 5332 face-on
This glittering image from the NASA/ESA Hubble Space Telescope shows the spiral galaxy IC 5332. The galaxy lies about 30 million light-years away in the constellation Sculptor and has an almost face-on orientation to Earth. To understand the term "fa.....»»
Study finds startup workers fled for bigger, more established companies during pandemic
The world may have felt like it had stopped in the pandemic's first weeks. But a "flight to safety" was underway at a popular digital job platform catering to the startup sector......»»
Large language models prove helpful in peer-review process
In an era plagued by malevolent sources flooding the internet with misrepresentations, distortions, manipulated imagery and flat-out lies, it should come as some comfort that in at least one arena there is an honor system set up to ensure honesty and.....»»
Unveiling real-time economic insights with search big data
Economic indicators released by the government are pivotal in shaping decisions across both the public and private sectors. However, a significant limitation of these indicators lies in their timeliness, as they rely on macroeconomic factors like inv.....»»
How to elevate Business Conversations with the Next-Level Chat Tools
In the realm of modern business, effective communication lies at the heart of success. Chat tools have emerged as indispensable instruments, transcending the traditional boundaries of conversation. In this blog, we delve into the art of elevating bus.....»»
The girlboss lost. Here’s why these under-the-radar female founders won
In a startup culture rife with misogyny, developing a cult of personality as a female founder was good for business—until it wasn’t. Did these other founders fare better because they weren’t as public? The reign of the girlboss.....»»
The girlboss lost. Here’s why these other female founders won
In a startup culture rife with misogyny, developing a cult of personality as a female founder was good for business—until it wasn’t. Did these other founders fare better because they weren’t as public? The reign of the girlboss.....»»
Hexacore aims to scale Web3 mobile game Pocket Space for big audiences
Dubai-based startup Hexacore is getting to work on its Web3 mobile game Pocket Space, which is a space fantasy. Dubai-based startup Hexacore is getting to work on its Web3 mobile game Pocket Space, which is a space fantasy.Read More.....»»
NASA"s Webb captures an ethereal view of NGC 346
Within a neighboring dwarf galaxy known as the Small Magellanic Cloud (SMC) lies a dramatic region of star birth—NGC 346, shown here. As the brightest and largest star-forming region in the SMC, it has been studied intensely by a variety of telesco.....»»
Lucid adds 478 registrations in August for eight-month tally of 4,267, data shows
The EV startup has a production goal of more than 10,000 Air sedans this year. On Sunday, it launched the performance Sapphire trim, starting at $250,500 with shipping......»»
Discovery of massive undersea water reservoir could explain New Zealand"s mysterious slow earthquakes
Researchers have discovered a sea's worth of water locked within the sediment and rock of a lost volcanic plateau that's now deep in the Earth's crust. Revealed by a 3D seismic image, the water lies two miles under the ocean floor off the coast of Ne.....»»
Lucid launches base model of Air sedan at $78,975 as EV startup struggles with demand
The rear-drive Air is $5,000 less expensive than the all-wheel-drive Pure trim. The launch comes after Tesla cut the price of its Model S sedan by $3,500 last month to $76,630......»»
New research to improve production of high oleic sunflower oil
Researchers from Skoltech, Pustovoit All-Russian Research Institute of Oil Crops, OilGene—a startup launched in Skoltech—and other organizations have found new markers that will accelerate the breeding of high oleic sunflowers and improve the pro.....»»