Forerunner’s long game: As startups stall before IPO, all options are on the table

Forerunner’s long game: As startups stall before IPO, all options are on the table

Thirteen years ago, Forerunner Ventures began helping to usher in a new era of consumer startups, including Warby Parker, Bonobos, and Glossier. None has gone through a traditional IPO process. Warby Parker was taken public through a special purpose acquisition vehicle. Bonobos was acquired by Walmart. Glossier is still privately held, along with many other…

Tesla used car listings skyrocketed in March

Tesla used car listings skyrocketed in March

A growing number of Tesla owners are putting their used vehicles up for sale, as consumers react to Elon Musk’s political activities and the global protests they have fueled. In March, the number of used Tesla vehicles listed for sale on Autotrader.com skyrocketed, Sherwood News reported, citing data from Autotrader parent company Cox Automotive. The…

Inventex founder, an engineer for Coinbase at 14, wants to revolutionize patent applications

Inventex founder, an engineer for Coinbase at 14, wants to revolutionize patent applications

Daniel Ruskin started his career when he was a mere 14 years old as an engineer for Coinbase. As he tells it, he was a teenager “who knew how to code and wanted to build cool things.” Obviously too young to get a bank account, Ruskin did freelance development work he found on reddit in…

Wayve’s self-driving tech is headed to Nissan vehicles

Wayve’s self-driving tech is headed to Nissan vehicles

Nissan said it will use self-driving software developed by Wayve to beef up its advanced driver assistance system starting in 2027, a landmark deal for the buzzy UK startup that has raised more than $1.3 billion from Nvidia, Microsoft, SoftBank Group, and Uber.  Nissan will integrate Wayve’s software as well as sensors, including lidar from an undisclosed…

Instagram tests locked reels that can be accessed with secret codes

Instagram tests locked reels that can be accessed with secret codes

Instagram appears to be quietly testing locked reels that viewers would have to unlock with a code and a provided hint. The feature is a simple way to increase engagement with the creator’s content, but it could also offer creators and celebrities a way to share exclusive reels with their most dedicated fans, who are…

Waymo may use interior camera data to train generative AI models, but riders will be able to opt out

Waymo may use interior camera data to train generative AI models, but riders will be able to opt out

Waymo is preparing to use data from its robotaxis, including video from interior cameras tied to rider identities, to train generative AI models, according to an unreleased version of its privacy policy found by researcher Jane Manchun Wong, raising fresh questions about how much of a rider’s behavior inside autonomous vehicles could be repurposed for…

Google is allegedly paying some AI staff to do nothing for a year rather than join rivals

Google is allegedly paying some AI staff to do nothing for a year rather than join rivals

Retaining top AI talent is tough amid cutthroat competition between Google, OpenAI, and other heavyweights. Google’s AI division, DeepMind, has resorted to using “aggressive” noncompete agreements for some AI staff in the U.K. that bar them from working for competitors for up to a year, Business Insider reports. Some are paid during this time, in…

SignalFire raises over $1B as LPs embrace data-driven investing

SignalFire raises over $1B as LPs embrace data-driven investing

Thirteen years ago, when Chris Farmer founded early-stage venture firm SignalFire with data analysis at the core of its investment strategy, many were skeptical about the approach — conventional wisdom dictated that nascent companies didn’t have enough data to make investment algorithms effective. “This was a very radical idea, and everyone thought I was crazy,”…