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Bad Times in Tech? Not if You’re a Start-Up Serving Other Start-Ups

SAN FRANCISCO — Things should be dismal in Silicon Valley right now, with technology’s biggest companies under attack from regulators, lawmakers and even President Trump. Not for Henrique Dubugras and Pedro Franceschi. The two Stanford dropouts, both 23, are the founders of Brex, one of the hottest young companies today. Their start-up’s mission? To provide […]

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E-scooter company Spin will place dozens of start-up’s solar-powered docking stations in two cities this summer

The stations are being billed as a way to reduce sidewalk clutter and attract business. Electric scooters have posed a problem outside many storefronts and heavily trafficked buildings since they began appearing in dozens of cities across the country last year. Unevenly parked and prone to tipping over, the devices clutter entrances, turn off potential […]

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A company looking to convince startups to ditch VC funding in favor of taking out a loan just raised $1 billion

Axios/Lazaro Gamio Clearbanc has now raised a total of $ 1 billion in capital to fund startups. The company offers startups an alernative to raising funds through a venture capital firm, giving loans (that don’t require an equity stake) with 6% interest that are repaid by taking a portion of the startup’s revenue. Clearbanc, a […]