The direct-to-consumer boom is coming to an end. A once-bustling group of companies, backed by billions in venture capital funding, saw a record year for IPOs in 2021.…
Read more Why direct-to-consumer darlings such as Casper, Allbirds and Peloton are now strugglingWhen Microsoft first invested $1 billion in OpenAI in 2019, the deal received no more attention than your average corporate venture round. The startup market was blazing hot,…
Read more Microsoft’s $13 billion bet on OpenAI carries huge potential along with plenty of uncertaintyVita Coco water. Tim P. Whitby | Getty Images For nearly two decades, Vita Coco has sold its coconut water to health-conscious consumers as a fresh way to…
Read more Vita Coco wants its coconut water be your cocktail mixer — and your hangover cure
