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IPO investors seem to think they’ve found a true match with dating …
February 2021
The rise of friendship apps
Match Group (Nasdaq: MTCH), the company that owns dating app Tinder, agreed to acquire Hyperconnect, a South Korean maker of apps aimed at forming friendships, for no small amount: about $1.7 billion in cash and stock for the owner of …
Using A.I. can be risky business
For years, companies have operated under the assumption that in order to improve their artificial intelligence software and gain a competitive advantage, they must gather enormous amounts of user data—the lifeblood of machine learning.
But increasingly, collecting massive amounts of user …
Founders Fund signs up for a Miami office
A naive part of me hoped for a slow start to Monday. This was not my 
day .
Let’s kick off the week with a highly debated topic: the move by some venture capitalists to Florida and Texas.
Founders Fund, …
Changing the plant-based food industry one spoon at a time
This is an installment of Startup Year One, a special series of interviews with founders about the major lessons they have learned in the immediate aftermath of their businesses’ first year of operation.
Nydia Shipman and Sarah Renahan started …
Nearly 80{58a1dc6c0ae79131d70da91f0509185830ba20bd66fa98bb163bf48fbf8fcb62} of the 346,000 workers who vanished from the U.S. labor force in January are women
The pandemic forced another 275,000 women out of the U.S. labor force in January, worsening the catastrophic employment crisis for working women.
Women accounted for almost 80{58a1dc6c0ae79131d70da91f0509185830ba20bd66fa98bb163bf48fbf8fcb62} of U.S. adults who stopped working or looking for work last month, according …
A short seller vs. Chamath Palihapitiya
This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
It’s the special purpose acquisition craze meeting the GameStop insanity.
On Thursday, …
Can Peloton become Netflix?
Peloton was a risky bet even among venture capitalists.
At its core, the company sells a piece of hardware with virtual cycling lessons, a model skeptics say is easily copyable. They aren’t wrong: As Peloton has grown in the pandemic, …
Wilbur Ross adds to the SPAC craze
Maybe the real question is, who isn’t raising a blank check company?
Former U.S. Secretary of Commerce under President Donald Trump, Wilbur Ross, is backing a blank check company that is seeking to raise some $300 million. While Ross will …
Can A.I. bring back the three-martini lunch?
Imagine the life of an advertising executive and a scene from Mad Men is likely to come to mind: Don Draper snake-charming a pair of Kodak marketing executives with a perfectly crafted pitch about the emotional pull of nostalgia (“It’s …