Proptech startup MoradaUno is revolutionizing the rental market in Latin America by providing a solution to the restrictive deposit and guarantor requirements. The company’s underwriting process helps landlords feel more secure, making it easier for tenants to rent apartments. With a recent $5.6 million Series A funding, MoradaUno plans to expand its services to more…
startups on The Soothsayer / page 3
Oil giant BP has announced the cancellation of 18 early-stage hydrogen projects, sparking concerns about the future of the nascent industry. This move is expected to have a significant impact on the development of green hydrogen, which has the potential to reduce carbon pollution in various industries. The decision is seen as a setback for…
The tech industry is experiencing a significant wave of layoffs, with over 130,000 job cuts across 457 companies in 2024. Major players like Tesla, Amazon, Google, and Microsoft have all conducted sizable layoffs, while smaller startups have also seen significant cuts. The impact of AI and automation on jobs is a major concern, and the…
VCs are warning startups against taking high valuations, as it can lead to difficulties in raising funds and may disincentivize employees. Startups should focus on creating a tight process, setting reasonable valuation expectations, and being prepared to negotiate on dollar amount, valuation, and stake size. In the next 6 months, we can expect to see…
Wiz, a cloud security startup, turned down a $23 billion offer from Alphabet, opting to pursue a $100 billion opportunity in the cloud security space. This decision has sparked interest in the tech world, with many speculating about the future of cloud security and AI. The news also highlights the growing importance of AI in…
