Billionaire founder of Luminar replaced as CEO following ethics inquiry
Austin Russell, who became a billionaire after his lidar startup Luminar went public, appears to be out as CEO, according to the company’s board. Luminar’s
Egypt’s Nawy, the largest proptech in Africa, raises $52M to take on MENA
For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven brokers, and facing developers more
One of Elon Musk’s longtime VCs is suing his former employer after allegedly being fired
Josh Raffaelli, who has deep roots as a Silicon Valley investor and has backed a number of Elon Musk companies, is suing his former employer,
Musk clashes with neighbors in exclusive Austin suburb
Elon Musk may have a sizable fan base, but residents of the upscale Austin suburb of West Lake Hills, Texas, are unimpressed by their celebrity
AI chatbots are ‘juicing engagement’ instead of being useful, Instagram co-founder warns
Instagram co-founder Kevin Systrom says AI companies are trying too hard to “juice engagement” by pestering their users with follow-up questions, instead of providing actually
Sarah Tavel, Benchmark’s first woman GP, transitions to venture partner
Eight years after joining Benchmark as the firm’s first woman general partner, Sarah Tavel announced on X that she is transitioning to a more limited
The RealReal founder Julie Wainwright has a startling new memoir
Julie Wainwright has taken two companies public, an incredible feat by any standard. Yet in her new memoir, Time to Get Real, she offers readers
Mystery will may reveal Zappos founder’s final wishes
According to the WSJ, a recently discovered will suggests late Zappos co-founder Tony Hsieh had concrete plans for his fortune despite previous beliefs that he
Palantir exec defends company’s immigration surveillance work
One of the founders of startup accelerator Y Combinator offered unsparing criticism this weekend of the controversial data analytics company Palantir, leading a company executive
OpenAI pursued Cursor maker before entering into talks to buy Windsurf for $3B
When news broke that OpenAI was in talks to acquire AI coding company Windsurf for $3 billion, one of the first questions on the mind of