Entrepreneurs

Sam Bankman-Fried is an albatross around the neck of blockchain entrepreneurs – and that’s a problem.

The seed round was led by Blacknova VC, Salus Ventures and CoVentures. Phantm works Starbucks Australia and MECCA to replace plastic with sustainable alternatives.

Bumble cofounder Whitney Wolfe Herd will step down as the dating app company’s chief executive, the firm announced Monday morning, as the former billionaire Wolfe Herd slides into a new role while Bumble’s growing pains as a public company continue.

Make Ron Shaich angry and he might build a business to compete against you, or a political party to defeat you. He speaks with Forbes about lessons in business and life.

The theme of Indigenous business month for 2023 is ‘To gather, together’ which serves as a powerful reminder that we work best when we unite and collaborate. 

The Summit community is an elite group of high-growth tech entrepreneurs who band together to help each other through the gruelling start-up and growth grind. The group is a part of Innovation Bay, which also facilitates communities of VCs and angel investors.

X, formerly known as Twitter, launched two new tiers of Premium subscriptions—including Premium+, which eliminates ads in For You and Following—amid its declining ad revenue.

The NBA Hall of Famer is only the fourth athlete to be identified as a billionaire by Forbes.

It is undeniably a challenging landscape for Australian startups endeavouring to secure funding right now, owing to a pronounced correction in venture capital markets and the notable increase in interest rates. But Asia could present a promising funding opportunity.

Form Energy, led by a former Tesla executive and backed by Bill Gates’s Breakthrough Energy Ventures and TPG, sees iron and rust as a low-cost solution to storing surplus energy for more than four days.