Shopify took a $437 million loss when it sold its robotics division 6 River Systems, Ocado financial docs show
According to Ocado’s mid-year financial report released on July 18, the UK grocery giant Ocado paid only $12.7 million…
A real-estate investor with 150 units says he almost quit after problems like termites, flooding, and tenants selling drugs. He shares 4 tips for overcoming them — and why investing is still ‘100%’ worth it.
Guido Nunez has dealt with his fair share of issues as a landlord of multiple multifamily properties. Nunez says…
Salesforce quietly terminated the employment of a popular diversity executive
Salesforce fired a popular diversity, equity, and inclusion executive in May, according to people familiar with the situation. People…
Amazon influencers have become a big part of Prime Day. Here are the top products they sold this year, from teeth whitening strips to a ‘colster’ for hard seltzer cans.
Amazon’s marketing strategy relies heavily on influencers, and Prime Day is no exception. The company used social media stars,…
Snapchat has a new program that will pay augmented-reality creators up to $7,200 for lenses that go viral
For years, augmented-reality creators who create amusing Snapchat visual effects have relied on brand work to make money. Last…
The number of partners to leave Goldman Sachs since David Solomon took over as CEO just hit 90
David Solomon may want to forget this summer. Just weeks after reporting a 58% drop in profit, Goldman Sachs…
Union Square Ventures slashed the value of 7 of its funds by 26%. Insiders say this will be the ‘start of a cascade’ of lower valuations for VC funds.
Union Square Ventures, an early investor in Robinhood, Coinbase, and Etsy, is widely regarded as one of the most…
A Wall Street titan who called the 2008 recession shares 7 top trades to make before the US economy enters into another downturn with stocks ‘priced for perfection’
According to David Rosenberg, a renowned economist who predicted the 2008 recession, the US economy is on the verge…
Paper, the online tutoring unicorn, just had a second round of layoffs. The cuts come a year-and-a-half after raising $270 million in Series D funding.
Insider has learned that the Canadian online tutoring startup Paper has laid off 106 employees, or 4% of its…
Dropoff in venture capital funding triggers uptick in pre-emptive deals with investors desperate to back the hottest startups
In 2023, venture capital funding for startups has continued to decline. According to Crunchbase, startups raised $144 billion in…