TECHCRUNCH | GoodTime, the algorithmically enhanced interview process management platform, has raised $5 million in a new round of funding led by Bullpen Capital.
THE WALL STREET JOURNAL | The firm aims to help post-seed companies make the leap to ‘supersized’ Series A stage
YAHOO FINANCE | On Monday, the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), the 1992 federal law that banned sports betting basically everywhere in America other than Nevada. In a 6-3 decision in the case of Christie vs NCAA et al, the justices deemed PASPA unconstitutional.
ANDROID HEADLINES | Spotify should become its own record label according to one industry expert. The world’s biggest streaming service recently announced plans for its own initial public offering but after confirming a huge loss of $1.5 billion in 2017, a number of investors appear to be pretty reluctant when it comes to investing in the company.
DIGITAL TRENDS | Despite having more than 70 million subscribers and at least 140 million active users, Spotify isn’t profitable. During its IPO, the streaming service said it generated $4.99 billion in revenue in 2017, but still posted a loss of $1.5 billion.
MARKETS INSIDER | Spotify's direct public offering confirmed potential Spotify investors' biggest fear — that music rights and licensing fees were a huge cost of doing business. But one industry expert believes there’s one way for Spotify to break out of the music industry's chain: become a music label themselves.
ENTREPRENEUR | The inventor and author Ray Kurzweil likes to say that the next 100 years will resemble 20,000 years of progress if we continue to innovate at our current rate. I think rather that next 15 years will feel like walking into the future -- the way it must have felt at the turn of the 20th century.