Founder
Johannes Reck, the founder and CEO of the SoftBank-backed travel startup GetYourGuide, says a different type of person will flourish in a startup versus a public company. “I think you need fundamentally different people for a Series A to Series C, D stage company than for a pre-IPO or public…
Mark Zuckerberg is making a 28-year-old CEO the lynchpin of Meta’s investment in the AI race.On Thursday, Meta confirmed that it’s buying a 49% stake in Scale AI, giving the company a valuation of over $29 billion. The tech giant is spending about $15 billion for the stake.Scale’s founder and…
Elon Musk can now add “city founder” to his résumé after residents surrounding his SpaceX complex in South Texas voted this weekend to incorporate the area as “Starbase.”The near-unanimous decision — 212 votes in favor to just 6 against, according to county election data — formalizes SpaceX’s dominance in the…