Startups used to be obsessed with billboards. It was the first thing I noticed when I moved to San Francisco: venture-backed companies like Eaze, Airbnb, and notoriously Brex, were posting large billboard advertisements across the city to get attention and attention. As I got into it more, I learned this kind of old school. Outdoor … Read more
Almost exactly a month ago, John Foley, CEO of Peloton, wrote an open letter on the company’s treadmill. “I am turning to you today because I recently learned of a tragic accident involving a child and the Tread + that resulted in an inconceivable death,” he begins. “While we have known only a small handful … Read more
Shares in Box, a well-known content and collaboration company that went public in 2015, rose today after Reuters reported the company was considering a sale. TechCrunch had previously discussed mounting investor pressures for Box to ignite its stock price after years in the wilds of the public market. As of today’s close of trading, Box’s … Read more
The man who probably ushered in the current SPAC rush with the merger of Virgin Galactic with his holding company Social Capital Hedosophia has sold the rest of his personal stakes in the space tourism company. Chamath Palihapitiya, who serves as Virgin Galactic’s chief executive officer, still owns 6.2% of the company’s shares in partnership … Read more
Sometimes the smallest innovations can have the greatest impact on global efforts to curb global climate change. Arguably one of the greatest contributions to combating climate change has been the move to the humble LED light, which has reduced hundreds of millions of tons of carbon dioxide emissions by simply reducing energy consumption in buildings. … Read more
Claude Letourneau, President and CEO of Svante. (Svante photo) Svante of Vancouver, BC, has closed a $ 75 million financing round. The company calls it “the world’s largest private investment in carbon capture from point sources to date”. Since launching in 2007, the Canadian company has developed technology that enables industrial carbon emissions to be … Read more