Category Archives: Blog

SoftBank cautions startup winter may last longer because unicorn founders are unwilling to cut valuations

Masayoshi Son, founder and chief executive of SoftBank Group, which reported a quarterly loss of over $23 billion, is worried that the funding winter for startups may continue for longer. The 64-year-old executive, whose Vision Funds have backed over 470 startups globally in the past six years, said on Monday that some unicorn founders are…

Bluechip, an African systems integrator with partners like Microsoft and Oracle, is expanding to Europe

It’s not often you hear about African tech companies expanding into Europe. Some examples include fintechs Lidya and Korapay in Eastern Europe and the U.K., respectively. In the latest development, Bluechip Technologies, an African enterprise company that partners with international OEMs like Microsoft and Oracle and provides data warehousing solutions and enterprise applications to banks,…

Bluu Seafood unveils its first lab-grown fish products and readies for regulators

Bluu Seafood, a German company developing “lab-grown” fish, is showcasing its first finished products as it prepares to begin the regulatory approval process for key markets in Asia, Europe, and North America. Founded in 2020 (originally as Bluu Biosciences), Bluu Seafood is one of several companies working to solve the world’s seafood production problems, which…

The disgraced founder of Papa Johns says the company is making worse pizzas without his ‘conservative values’ of ‘truth and God’

John Schnatter. REUTERS/Danny Moloshok John Schnatter says Papa Johns pizza has gotten worse without his “conservative values.”Schnatter suggested that “truth and God” made Papa John’s great.Schnatter left the company in 2018 after admitting to using the N-word on a conference call. The controversial founder of Papa Johns, John Schnatter, said this weekend the company’s pizza…