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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch

first spotted the vote news ; Bird is based in the Los Angeles metropolitan agglomeration. For example, Bird had gross margins that were negative in 2018, 2019 and 2020. Shares of the SPAC were off as far as 20% before recovering. News broke in May that Bird was looking at a SPAC-led debut on the public markets.

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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

From 2020 to 2022, Plug and Play was the most active startup accelerator in the world, according to CB Insights. The firm has a presence in over 60 sites across five continents and NJ FAST is the firm’s first-ever partnership on the East Coast. Plug and Play invests in over 250 companies a year.

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Startup cynicism and Substack, or Clubhouse, or Miami, or …

TechCrunch

And Miami is a bet that you can take a top global city without a massive startup ecosystem and agglomerate the talent necessary to compete with San Francisco, New York and Boston. The cynicism of immediate perfection is one of the strange dynamics of startups in 2020.