Sat.Sep 10, 2022

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Stanford moonshot promises near-term profitability with no-code magical mushrooms, ft. Plaid of X

TechCrunch

Hello and welcome back to Equity , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. As you can tell by the headline of this episode, this is a bonus episode all about Y Combinator Demo Day (and the terms we heard most often during the two-day affair). Natasha and Alex jumped on Twitter Spaces to talk through our favorites of the batch, geography changes, and diversity shake-up that included less women getting funded batch over batch.

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Conor McGregor Net Worth & How He Makes Money

OkDork

Conor McGregor is a professional MMA fighter and boxer with a net worth of around $200 million dollars. Most of his money comes from the substantial payouts he gets from his fights, but he also makes money from his various business ventures including boxing promotions, a whiskey company, a clothing line, and other investments. I wanted to know how much Conor McGregor is worth, how he earns money, and more about the businesses he’s started since becoming a successful athlete….

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Founders of well-funded Egyptian B2B startup Capiter fired following fraud allegations

TechCrunch

Last September, Egyptian startup Capiter raised $33 million in Series A funding to compete in the country’s growing B2B e-commerce and retail space. Fast-forward a year later, the startup has laid off multiple employees and now its CEO and COO have been relieved from their duties after allegedly mismanaging funds. Here’s what we know so far. Between June to July, several ex-employees of Egyptian startups, including Capiter , wrote posts about layoffs at their respective companies even though the

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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years. Countries such as Nigeria, Kenya and South Africa are majorly responsible for skyrocketing adoption rates as citizens try to hedge against currency devaluation and build wealth. Despite African governments’ inconsistent stance on cryptocurrencies, these countries house most of the continent’s crypto and blockchain startups.

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Digitalization: 5 Tech Updates That Will Help You Survive the Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.