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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

The Strategic Innovation Center (SIC) will serve as a hub for financial technology (fintech) and insurance technology (insuretech) startups. Plug and Play’s network consists of 50,000 startups, over 500 leading corporations, and hundreds of venture capital firms, universities, and government agencies.

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

TechCrunch

Some of those bets involved actual venture capital dollars. Others involved individual decisions on where to live: do you bet on the future of San Francisco or do you want to partake in the growth of some other startup hub? No one else built Substack, and that’s where the insecurity starts in the startup world.