So, what happened this week in the Tech & Startup world? 🌍
If you enjoy the newsletter this morning please share this link on LinkedIn and tag Louis Sutton and Nick Daley so that we can thank you! It means the world.
Thanks for reading The Grapevine!
The Grapevine Newsflash 🔥
7 tech & startup stories in 105 super short seconds.
❓BuzzWords Buzzfeed has announced they’ll use OpenAI to develop more personalised quizzes and content. Their share price jumped 120% upon the news - their largest gain since going public in December 2021. This feels like when everyone added crypto/NFTs to their roadmap…
🖊️ Notes-as-a-Service Another generative AI startup is on the scene. This week, Supernormal announced $10m in funding to extract key details from meeting notes by integrating with your work stack (Google, Microsoft, Zoom etc.). Check them out here.
🥊 Presidential Comeback Donald Trump has had his Facebook & Instagram ban lifted after two years. The former President hasn’t posted on either yet - most likely because he has an exclusivity agreement with Truth Social, the social media platform he set up. Given that he’s running again in 2024, will he sacrifice that for the reach provided by Meta’s platforms?
💰 About Time Stripe has reportedly hired Goldman Sachs and JP Morgan to explore going public or a deal that’ll allow employees to sell stock within the next year. This is a big deal, not only for one of the world’s most valuable private companies, but also for the market as a whole.
🐄 One Burp at a Time Bill Gates has dedicated a lot of his time and fortune to slowing climate change, and his latest investment is an interesting one. His venture fund has backed Rumin8 - a dietary supplement synthetically replicated from seaweed to reduce the methane emissions of cow burps.
⚖️ AI-powered Legal Defence DoNotPay, a legaltech startup, had planned to give speeding ticket defendant smart glasses that would listen to court proceedings and tell them what to reply with…until they were threatened by state bar associations. Founder, Joshua Browder, was warned of jail time for the ‘unauthorised practice of law’. Something to it or necessary to democratise legal support?
💘 Hacking Your Dating App On any dating apps and wish you had better matches? Well, there might be some ways to do that. The secretive algorithms are really very basic and are more predictive than anything advanced. Listen to this podcast here to learn more.
Want to have a chat?
Shoot us an email at founders@onthegrapevine.co
Don’t follow us on LinkedIn?
Over & Out,
Nick & Louis