This article is part of our coverage of HYBE vs. ADOR CEO Min Hee Jin. You can read more and view the entire timeline here. According to the latest reports by Korean media, former ADOR CEO Min Hee Jin is expected to repay ₩3.94 billion KRW (about $ 2.81 million USD) that she personally borrowed […]
Byju’s founder says his edtech startup, once worth $22B, is now ‘worth zero’
Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, overestimated growth potential and that his startup, once valued at $ 22 billion, is now effectively worth “zero.” Speaking to a group of journalists, Raveendran said the company’s aggressive acquisition of more than two […]
Can AI make us feel less alone? The founder of Manifest thinks so
Amy Wu, founder of the AI-based mental health app Manifest, has a bold prediction for the next wave of tech. “Separately from the AI trend, I think so many people are seeing this loneliness epidemic that’s happening with Gen Z,” she said. “There is no doubt in my mind that there will be unicorns that […]
Shield AI’s founder on death, drones in Ukraine, and the AI weapon ‘no one wants’
About two months ago, Shield AI co-founder Brandon Tseng and one of his employees were in an Uber weaving through Kyiv, Ukraine. They were headed to a meeting with military officials to sell them on their AI pilot systems and drones, when suddenly his employee showed him a warning on his phone. Russian bombs were […]
Did that startup founder really work through his wedding?
Thoughtly co-founder Casey Mackrell had a big week. First, he got married. Then, he went viral. At his wedding reception, Mackrell needed to quickly give a colleague access to code that could only be unblocked from his laptop. His fellow co-founder Torrey Leonard seized the moment by taking a photo to capture Mackrell wrapping up […]