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Mercury’s $300M Series C Doubles Valuation to $3.5 Billion Fueled by Powerful “One Banking Account” Model

American Entrepreneurship

The new funding round, led by Sequoia Capital, includes both primary and secondary investments, with additional participation from Spark Capital, Marathon, and existing backers such as Coatue, CRV, and Andreessen Horowitz. billionmore than double its 2021 Series B figure of $1.6

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LUUM’s Eyelash Extension Innovation Garners $30M Series A Round

American Entrepreneurship

Harding remains a board member and an integral executive team member. In Fall 2023 and Fall 2024, LUUM began collaborations with Ulta Beauty and Nordstrom to pilot their innovative eyelash extension service in San Jose store locations. That caught the ready support of investors.

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NJEDA Board Approves Two Programs to Advance New Jersey’s Leadership in Artificial Intelligence

American Entrepreneurship

March 18, 2025) Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the Next New Jersey Program – AI and the AI Innovation Challenge Administration Grant Program. The two programs approved today are part of Governor Murphy and the NJEDAs efforts to expand state resources for the AI sector.

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Can You Build a Business with $100 or Less? Yes … and Here’s How

StartupNation

In 2023, Jackson Greathouse Fall asked ChatGPT-4 to turn $100 into “as much money as possible” ASAP, “without doing anything illegal.” Pick a business that doesn’t suck up cash Skip expensive solutions that look like a financial Everest and require investment with a capital “I” (and five or more zeros). A contract does.

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“I think CEOs that are interested in a future acquisition need to be building relationships or at least awareness with potential buyers at least 2-3 years in advance, especially with strategics. If you’re not on the list, it’s rare for a deal to happen.” Joe Hyrkin on Selling Issuu to Bending Spoons, and More….

Hunter Walk

Joe Hyrkin: I first started learning about and paying attention to Bending Spoons when they announced their acquisition of Evernote in January 2023. I saw your essay about this form of capital being a Growth Engine or Growth Killer? At the time, I thought they could be an interesting potential acquirer if we got to that point.

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What Will Happen In 2023

A VC: Musings of a VC in NYC

I believe that sometime in the first half of 2023, the central banks around the world will start backing off the tightening that they have been engaged in as inflation continues to ease and the economy continues to cool. Startups are going to have a tough year in 2023.

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Dispatches from the Road: Q4 2023

Revolution

What we did: Revolution Ventures Managing Partner, Tige Savage , Associate, Anant Pai , and Rise of the Rest VP, James Barlia , were all in attendance at 2023’s Cintrifuse Summit, which focused on “homegrown hustle,” inspiring innovation, and retaining talent in the greater Cincinnati startup ecosystem. Where we went: Cincinnati, OH?