Category: Business / Startups

July 11, 2019

‘Blitzscaling’ Is Choking Innovation—and Wasting Money

Opinion: VCs are making bigger bets on fewer startups. It’s this unconsidered, money-slinging strategy that led to Uber’s and Lyft’s dud IPOs.

by Leonard Sherman in Business
June 24, 2019

How 9 People Built an Illegal $5M Airbnb Empire in New York

City officials say the network converted residential units in 36 buildings, earning more than $5 million for booking 24,330 rooms and housing 63,873 guests.

by Paris Martineau in Business
May 31, 2019

These Trump Socks Went Viral—Then Came the Counterfeiters

Gumball Poodle’s founder took all the right steps to protect her brand from counterfeits on Amazon, but it still wasn’t enough when her socks became internet famous.

by Louise Matsakis in Business
April 30, 2019

Airbnb and Marriott Each Want What the Other Has

Airbnb announces a move into hotels, at the same time that Marriott reportedly plans to get into home-sharing.

by Paris Martineau in Business
April 22, 2019

When Workers Control the Code

The emergence of worker-owned apps could save the gig economy from itself.

by Clive Thompson in Business