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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
On Wednesday, BuzzFeed finally put all speculation to rest and announced that it is going public via a SPAC, or special purpose acquisition company. I was mildly disappointed that the digital media company’s investor presentation did not list 10 reasons as to why this listing is the only way forward for the company. Instead, it simply laid out the SPAC process, the details on valuation, revenue and EBITDA numbers, and its plan to acquire another online publisher.
To make this listing happen, BuzzFeed is merging with 890 5th Avenue Partners Inc.—a SPAC founded by the investor Adam Rothstein. As a …
Believing education is the key to success, Unacademy raised $880 million and reached a $3.4 billion valuation, only to crash 90%. Its co-founder and CEO gets candid about the state of the startup and Indian edtech.
For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.
First came the loss of advertising and distribution power. Now AI has slashed the cost of content—dealing a body blow.
