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WeWork, the co-working business once valued at $47 billion, is expected to announce significant layoffs this month, Bloomberg reports. This follows reports the company was looking to slash as many as 5,000 roles, or one-third of its workforce.
Now expected to go public in 2020 at a valuation as low as $10 billion, WeWork is also in negotiations
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Read more: WeWork expected to announce major layoffs
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Once you get up high enough, you don’t have to worry about a lot of the obstacles like pedestrians and traffic jams that plague autonomous cars. That’s why Sebastian Thrun, Google’s self-driving team founder turned CEO of flying vehicle startup Kitty Hawk, said onstage at TechCrunch Disrupt SF today that we should expect true autonomy to succeed
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Read more: We’ll have self-flying cars before self-driving cars, Thrun says
Write comment (96 Comments)Orbit Fab, one of the companies competing in this year’s TechCrunch Disrupt Battlefield in San Francisco this week, has closed a seed round of $3 million. The funding comes from Type 1 Ventures, TechStars and others, and will help Orbit Fab continue to build on the great momentum it has already bootstrapped with its space-based robotic refueling
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Read more: Orbit Fab raises $3M to make orbital refueling easier, cheaper and more accessible
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When T4 co-founder and CEO Maks Khurgin was working at Bain and Company, he ran into a common problem for analysts looking for market data. He spent way too much time searching for it and felt there had to be a better way. He decided to build a centralized market data platform himself, and T4 was born. This week the company competes in the
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Read more: T4 wants to transform market research data with a combination of AI and humans
Write comment (98 Comments)Nonprofits employ 10% of the U.S. workforce and generate some $2 trillion in revenue each year and yet, many charitable organizations are still using pen and paper to track their volunteers.
Civic Champs, a startup that presented onstage at TechCrunch Disrupt SF, has developed a platform that aims to give non-profits the tech tools they need to
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Read more: Civic Champs app gives nonprofits the tech tools to manage volunteers
Write comment (97 Comments)The founders of Vise AI met when they were 13, a couple of teenagers more interested in applied artificial intelligence than English class. Fast-forward several years and the pair has relocated from the Midwest to San Francisco to raise money for a financial technology business they’ve been self-funding since 2016.
As teenagers with an inordinate
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Read more: Meet Vise AI, the startup reimagining portfolio management
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