Uber layoffs

Uber said it laid off a third of its marketing team on Monday, or about 400 people, as the ride-hailing company tries to cut costs and streamline its operations after its initial public offering in May.

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Sean Steigerwald
The billion dollar font 

On Friday Monotype, a design firm responsible for creating typefonts, announced that it would be acquired by HGGC (a private equity firm). You may not know who monotype is, but you definitely know their fonts (you're reading one now).

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Sean Steigerwald
Vision Fund, the Sequel

SoftBank has announced plans to invest $38 billion into its second Vision Fund (through its Public Investment Fund), which has reached roughly $108 billion, between about $70 billion of commitments from LPs and SoftBank's own investment.

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Sean Steigerwald
Neuralink Out of Stealth Mode

On Tuesday evening, Neuralink, a company in which Elon Musk has invested around $100 million, detailed the baby steps it has taken toward the goal of inserting a computer connection into your brain as safe and painlessly as Lasik eye surgery.

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Sean Steigerwald
Netflix Losses

Netflix reported earnings Wednesday night and the results were not great. The company saw its first major loss in US subscribers last quarter, and a mere 2.7 million paid customers added globally, nearly half of what was forecast.

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Sean Steigerwald
Battling deepfakes

There is a pitched struggle underway between the makers of fake AI-generated videos and images and forensics experts trying desperately to uncover them. And the detectives are losing, Axios reports.

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Sean Steigerwald
A great entrepreneur

Most coverage of Ross Perot’s death this week focused, understandably, on his presidential runs in 1992 and 1996. But he also was one of the tech industry’s most successful serial entrepreneurs:

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Sean Steigerwald
We can't all be super

Superhuman, an invitation-only email service that costs $30 a month and promises “the fastest email experience ever made,” raised a $33 million investment round, led by Andreessen Horowitz last week at a whopping $260 million valuation.

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Sean Steigerwald
SaaS: Growth vs Profitability

Typically if you’re growing at a rapid pace, you’re investing heavily in sales and marketing. If you’re growing slowly, you should hope you’re running a profitable operation. In SaaS, the “Rule of 40” is an excellent way to measure your value and attractiveness to investors.

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Sean Steigerwald