Home Startups Stripe responds to $2 billion report with a succinct ‘no comment’ • businessroundups.org

Stripe responds to $2 billion report with a succinct ‘no comment’ • businessroundups.org

by Ana Lopez
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Well, it’s Friday again. And as the Equity pod team pointed out today, “You could be wasted and not even know it.” — Christine and Hey

The businessroundups.org Top 3

  • The quest for more money: Mary Ann continues yesterday’s story about Stripe setting a deadline to go public with some additional information that Stripe had allegedly been trying to raise additional capital at a lower valuation. For more on this evolving story, check out Mary Ann’s Interchange newsletter, which comes out on Sunday. If you haven’t received it in your inbox yet, click here.
  • No music for you: Google showed off its musical chops and now doesn’t want to share it with the world, Kyle writes. The search engine giant created an artificial intelligence system that can generate music from text descriptions, but it reports that it “has no immediate plans to release it for fear of the risks.” Maybe if we all say something nice to them…
  • From angel to boardroom: Twitter co-founder Biz Stone is the newest board member of audiovisual startup Chroma, a company Stone began investing in two years ago. Sara has more.

Startups and VC

Kano, the venture-backed British start-up known for its proprietary computer kits and software for learning coding and associated STEM skills, has acquired Warner Bros. accused of copying one of its products and violating its intellectual property, Paul reports.

Salesforce CEO Marc Benioff has been a successful executive regardless. He helped build Salesforce from the ground up, starting in a San Francisco apartment in 1999 and eventually building Salesforce Tower, the tallest building in the city. Ron reports. He took the idea of ​​running software in the cloud and developed it into the de facto way to deliver software at a time when most companies offered software in boxes or on-prem seat licenses. With activist investors turning to Salesforce, what’s next for the CRM giant? (TC+)

And we have five more for you:

4 practical steps for using no-code to evolve your prototype into an MVP

Forget dogs: no-code development tools can be a non-technical founder’s best friend.

Building a minimum viable product once required engineering and design skills. Now bootstrapping founders can iterate without developers to keep costs down and expand their runway.

“Instead of getting caught up in designing the perfect and complete MVP release all at once, try to deliver value as quickly as possible and continuously improve your prototype,” advises Katherine Kostereva, CEO and managing partner of Creatio.

She shares four tactics for turning prototypes into usable products via no-code:

  • Embrace a daily delivery approach
  • Proper scoping and decomposition
  • Carefully manage dependencies and disconnect them
  • Invest in continuous deployment automation

Three more from the TC+ team:

businessroundups.org+ is our membership program that helps founders and startup teams lead the way. You can sign up here. Use code “DC” for a 15% discount on an annual subscription!

Big Tech Inc.

Apparently “AI that can generate art, text and more is at risk”, Kyle writes today. He follows a class action lawsuit against Microsoft, GitHub and OpenAI that “accuses them of violating copyright law by allowing Copilot, a code-generating AI system trained on billions of lines of public code, to regurgitate licensed snippets of code without to give credit. Kyle lays it all out for you, even noting that things like this against generative AI are just the beginning.

If you enjoyed HBO’s new zombie thriller “The Last of Us,” you can enjoy it a little longer. The show was picked up for a second season after surprising over 22 million viewers, Lauren writes.

This is your Friday five:


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