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UNCOVERED: 8 | History Defined

How Adyen is trying to avoid a PayPal style slump

Fintech darling Adyen is feeling the heat from PayPal competition and slowing consumer spending.

Fortune

PayPal rival used by Uber and Spotify has lost so much market value in U.S. push that it’s cost its founders $2 billion this year

Amsterdam-based Adyen has seen a slowdown just as it amps up its U.S. expansion where rivals like PayPal and Stripe dominate.

Fortune

Stripe co-founder embraces hybrid work: 'We had all these remote tourists wash in during COVID'

“Prior to COVID, we were more pro-remote than the consensus, and post-COVID, we are more pro-office than the consensus,” John Collison said.

Fortune

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From me to your inbox: 33 of the best Substack newsletters

The fast-growing US writing platform has come of age. But how do you find the good stuff? We pick some of the best by theme

The Guardian - UK

3 takeaways from Y Combinator’s summer startup class

The accelerator’s Demo Day was all about A.I. startups—but a couple of other themes emerged.

Fortune

Future of Finance: Guillaume Poncin joins Alchemy from Stripe to help bring DeFi to the masses

Poncin talked about his move to Alchemy, the promise of programmable money, and why most of Web3 has yet to be built.

Fortune

Paul Graham calls A.I. ‘the exact opposite of a solution in search of a problem’

A.I. "is turning out to be the missing piece in a large number of important, almost-completed puzzles," said the Y Combinator cofounder.

Fortune

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Stock Market Rebound Drives U.S. IPO Market Recovery, Tech Sector Struggles

U.S. IPO Market Rebounds in 2023, Surpassing 2022 Levels as Tech IPOs Lag

Zenger

Quick grants from tech billionaires aim to speed up science research. But not all scientists approve

Patrick Collison, the now 34-year-old billionaire CEO of the online payments company Stripe, and economist Tyler Cowen worried scientific progress seemed to be slowing down

The Independent UK

Former Kickboxer Receives $20,000 From Musk’s Twitter Plan

Controversial influencer Andrew Tate benefits from ad revenue-sharing program for creators.

Zenger

Feathery review

Feathery, with its intuitive visual editor, GDPR compliance, advanced logic, and flexible integrations, is a powerful form builder designed explicitly for product teams.

TechRadar

Gmail and Google Calendar are getting an upgrade that your employees might actually like

Booking appointments and meetings with Gmail and Google Calendar is getting easier.

TechRadar

Paul Graham says remote work ‘does work initially,’ which is why it ‘fooled’ leaders who have since ‘changed their minds’

"Remote work does work initially, if you start with a system already healthy from in-person work," said the Y Combinator cofounder.

Fortune

WordPress launches paid and premium newsletters

Premium WordPress content can now be shared in its own newsletter designed just for paying customers and fans.

TechRadar

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Fortune

Flat and down rounds are on the rise. There could be ‘a lot more on the horizon’

Q1 saw more startups raising new funding at the same or lower valuations than their previous rounds.

Fortune

Sam Altman lists the startup rules OpenAI broke on its way to a nearly $30 billion valuation

“Don’t invest,” he told potential investors who said the ChatGPT maker was doing it all wrong.

TechRadar

Microsoft Teams can now take business payments

New Microsoft Teams app will let you take payments inside a call.

Dublin Live

Indeed to lay off 225 workers amid calls for company to 'do right by its staff'

Labour Leader and TD for Dublin Bay South Ivana Bacik has now called on management to ensure that there are fair redundancies

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Fortune

How venture capital is shaping up in 2023, in 4 charts

Massive deals like Stripe are cushioning an otherwise deflated funding environment

Chicago Sun-Times

Junior Bernie Madoff? Businessmen who say they were bilked of tens of millions say Sean Grusd was just as ‘brazen’

He’s accused of conning prominent Chicago businessmen including John Stafford III and Patrick Buck into investing millions — but spending the money on fancy cars, real estate and vacations.

Fortune

'I'm running the business as if I will never fundraise again,' says Crunchbase CEO

Companies raised 53% less in the first quarter than they did in 2022.

The Independent UK

Andrew Tate timeline: From Big Brother assault scandal to human trafficking charges

The controversial influencer and his brother Tristan are facing an arrest warrant for sexual aggression in the UK

Fortune

Over 150,000 people have been let go so far this year. Are layoffs a confession of bad management?

If 2023 is “the year of efficiency,” what were the CEOs of Meta, Amazon, and others doing in all those previous years?

TechRadar

I tested the Stripe Terminal - read what I thought of this POS solution

Stripe offers a versatile solution that works for different business niches. However, I recommend it mainly for medium and large-scale enterprises, not small businesses.

Fortune

Big banks came to First Republic's rescue, but changing the 'psychology of depositors' may not be easy

“Founders are pretty confused at [the] moment” one venture investor said.

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