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funds, Startups, Tech, Tech News, VC, Venture

Sarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself

Sarah Smith, founder and managing partner of the eponymous Sarah Smith Fund, announced Thursday the final closing of a $16 million Fund I.  Smith launched her eponymous fund in 2022 and is a solo GP. She said she’s “stunned” by what AI can unlock for firms like hers, solo and next-generation. “I can’t imagine doing […]

Medium, Publishing, Startups, TC, Tech, Tech News, Venture

Medium’s CEO explains what it took to stop losing $2.6M monthly

Medium CEO Tony Stubblebine announced on Friday that the publishing platform has remained profitable since August of last year, when it first achieved this milestone. In a post, Stubblebine detailed what it took to achieve this goal, which involved a combination of product changes, an investor restructuring, renegotiated loans, unloading office space, layoffs, and other […]

Electric Cars, News, Tech, Tech News, Transportation

BYD will accept liability if one of its self-parking cars crashes

The Chinese EV-maker BYD says it will pay for any damage caused by its upgraded self-parking system, as reported earlier by Fast Company. A translated version of BYD’s announcement on Weibo says the company “will fully cover the safety and losses” of vehicles damaged by its God’s Eye self-parking system, which it claims has reached […]

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