How This Entrepreneur Achieved His Greatest Success After His Worst Failure
This man took massive investment from his father-in-law and dad, then couldn’t pay them back. Here’s how he rebounded.
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Author: dumbcapital
Tesla has a new energy product called Megapack
Tesla has launched a new utility-scale energy storage product called Megapack modeled after the giant battery system it deployed in South Australia as the company seeks to provide an alternative to natural gas “peaker” power plants. Megapack is the third and largest energy storage system offered by Tesla. The company also sells the residential Powerwall…
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Standard Cognition Receives $35M Series B
SAN FRANCISCO, CA, Standard Cognition, which is building the next interface of retail, announced today that it has raised a $35M Series B funding round.
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Africa’s ride-hail markets are hot spots for startups and VC
When it comes to VC, vehicles, and startups, Africa’s ride-hail markets are becoming a multi-wheeled and global affair. The big players such as Uber and Bolt are competing in Kampala and Nairobi—where in addition to car-service—they offer rickshaw taxis. On-demand motorcycle startups are multiplying and piloting EVs with funds from international partners. And many ride-hail companies in Africa…
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Privacy group challenges $5B Facebook settlement
SAN FRANCISCO (AP) — A consumer privacy group has filed a challenge to Facebook’s $5 billion settlement with the Federal Trade Commission, saying it is not “adequate, reasonable or appropriate” and lets the social media giant off the hook for years of violations. The Washington-based Electronic Privacy Information Center asked a federal district court in…
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