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The strange case of SVB Capital, where 110 employees are awaiting their fate during an extremely uneasy time

In an office building situated right on Sand Hill Road, a group of venture capital investors have been far closer to the banking crisis than any of their next-door neighbors. All the while, hundreds of bankruptcy documents reviewed by Term Sheet, as well as interviews with limited partners and someone close to the firm, reveal a venture capital firm in the…

This husband-and-wife startup has shipped 20 million soup dumplings since the start of the pandemic

There’s a reason why it’s hard to find sheng jian bao in the U.S. The classic Shanghai street food—the steamed buns filled with soup reminiscent of a soup dumpling, but less juicy, with thicker dough, and fried—must be cooked, several dozen all at once, in a large cast iron, where they are pan-fried, then steamed in the same pan immediately. They’re…

Founded by Apple vets, startup Humane has raised $241 million without a single customer

Even in 2023, companies can still raise hundreds of millions without any proof of product market fit.Since co-founding their startup five years ago, ex-Apple executives Bethany Bongiorno and Imran Chaudhri have used a selective stream of buzzwords without mentioning what their company will even do. Their website offers that their technology “improves the human experience” and is “built on trust”…

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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge

The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…

India Revs Up EV Industry: New Policy to Attract Investment

Buckle up, India! The Indian government has shifted into high gear with…

UBS Recommends European Stocks Over US: A Shift in Investment Strategy

In a surprising shift, investment banking giant UBS urges investors to focus…

Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry

Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…

Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies

The Indian stock market has witnessed a period of turbulence, with the…

Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans

Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…

AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development

Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…

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