How much are you spending on back-to-school shopping for your kid? Is $800 enough?
According to a new Deloitte Consumer Industry Center report, Bay Area parents expect to spend $805 per child on back-to-school shopping for their children, the most of any region. That figure is 35% higher than the national average of $597, with technology products accounting for the majority of the difference. According to the survey, parents…
Stanford coach Taylor amid Pac-12 collapse: ‘I can’t imagine’ playing outside Power 5
SAN FRANCISCO – When the Stanford football team walked off the field after practice Tuesday night, one of the players saw the assembled media and exclaimed, “We’re going Independent!” He quickly clarified that he was joking, but it was a reference to the program’s uncertain future after five Pac-12 teams announced last week that they…
Senior East Bay tenants’ battle: Cockroaches, water leaks, maintenance problems
Bonnie McCord, 83, of Oakley, would put on her rubber gloves every evening and spend hours meticulously scrubbing her apartment, hoping to get rid of the cockroaches that would scamper across her floors, in her cupboards, on her walls, and across her arms as she sat in her recliner. “I was washing everything, mopping the…
Palo Alto: Meyhouse opens long-awaited flagship restaurant
Omer Artun and Koray Altinsoy, two entrepreneurs from Turkey, had a dream of opening a meyhane — a lively Turkish tavern — in Silicon Valley. They began with a pop-up, then expanded to a 55-seat restaurant in Sunnyvale, where fans of their mesquite-grilled meats, dolma, and other meze flocked. There was clearly a market for…
Steve Kerr’s son is Warriors’ next G League coach; ex-NBA big man Hayes joins front office
Warriors head coach Steve Kerr is currently preparing USA Basketball for the FIBA World Cup later this month. A family celebration is in order when he returns from that overseas tournament. The Warriors announced WednesAday morning that Nicholas Kerr will be the next head coach of their G League team in Santa Cruz. Kerr, 30,…
Fintech VCs are readying their checkbooks as cash-strapped startup founders run out of options
Fintech funding has been on a decline from 2021’s peak levels, but VCs see signs of a rebound. B2B fintechs and earlier-stage startups are the likeliest to see benefit. Four VCs outline the ‘new normal” and the kinds of fintechs they want to back. VCs are eager to resume dealmaking as they see early signs…
The edtech startup funding slowdown may be hitting the ‘bottom of the market’
Edtech venture capital funding in 2023 may be on pace for its lowest annual total since 2016. VCs told Insider they don’t expect the slowdown to let up anytime soon. The one exception to this edtech funding dropoff is in AI tools for education and upskilling. Back-to-school season has already begun in some parts of…
14 VCs investing in innovative startups focused on the creator economy and influencers
In spite of a slowdown, creator-economy startups are still raising millions of dollars. From Karat to Spill, venture capitalists are betting on creator-focused companies in 2023. Insider is highlighting 14 VC firms that are backing startups in the space right now. The “creator economy” was a fiery buzzword that emerged about three years ago from…
DeepMind’s secret mafia: Meet the stealth startups emerging from Google’s AI lab
There is an influx of cash and interest into artificial intelligence startups right now. Some of the best-funded companies are emerging from the tech giants, which are repositories of AI talent. Insider spoke to ex-Google DeepMind staffers who have founded AI startups in stealth. Inflection AI, a year-old startup, made headlines when it announced a…