Are "Buy Now Pay Later" startups the new payday lenders? 30 million Americans have missed a BNPL payment, and 22.5 million of those have had their credit scores dinged for it. James Ledbetter 2.17.21 4:46 PM Markets
David Dobrik's Dispo app wants to put the 'social' back in social media, but can it rival Instagram? Dispo’s air of authenticity makes it an attractive social media alternative without straying too far from the core ingredients— content discovery, connection, and clout. Julia Gray 2.16.21 9:30 PM Innovation
Why the founder of digital identity platform Persona feels a ‘looming sense of dread’ Persona CEO Rick Song saw that online identity verification was lacking. Persona wants to fix that, especially as data breaches and identity theft cost us billions each year. Ivan De Luce 2.16.21 9:00 PM People
Three r/WallStreetBets GameStop investors explain why they did it, what went wrong, and how much they made “I just wanted to be a part of it." Regrets, Robinhood, and what people are getting wrong about the trade of a lifetime. Jael Goldfine 2.12.21 8:22 PM Features
This week in business Twitter: Jack Dorsey and Jay-Z team up, Chamath loses $128 million in Bitcoin, and Elon makes a date with Kanye As tweets on GameStop and Robinhood dried up, VCs, founders, and politicians like Jack Dorsey, Elon Musk, and Chamath Palihapitiya turned their thoughts to Bitcoin. Ivan De Luce 2.12.21 7:00 PM People
Opendoor price data shows the real estate crunch isn't going away this year Zillow beat expectations on earnings with revenue up 22% in 2020. Meanwhile, Opendoor's revenue plummeted 45% as the iBuyer looks to raise $700 million. Where does this leave the market leaders? Julia Gray 2.12.21 1:00 PM Markets