Nicholas Statman

How skate legend Per Welinder finds an investing niche amid US-China trade tensions

Months of tit-for-tat trade negotiations between China and the United States have damaged cross-border investment interest between the superpowers, especially in areas that involve deep technology and intellectual property. But one sector has so far stayed re…

California Today: Putting Joe Biden’s L.A. Visit in Context

But there was a less famous crime the night after the Tate murder, also perpetrated by followers of Manson: the stabbing deaths of Leno and Rosemary LaBianca, in their Los Feliz home. Coincidentally or not, the LaBianca home has recently hit the market. Brea…

Indonesia’s Kopi Kenangan raises a sweet $20M to expand its coffee business

Kopi Kenangan, a startup that wants to make quality, fresh coffee affordable to Indonesian consumers, has raised $20 million as it begins to consider overseas expansion in Southeast Asia. The round comes courtesy of Sequoia India and Southeast Asia, via the …

We still don’t know how much of Libra Facebook owns

The $10 million entry fee to join the Facebook-developed cryptocurrency’s Libra Association is merely a minimum. Members who’ll verify transactions can opt to invest more in exchange for more Libra Investment Tokens that will earn them dividends from the inte…

Europe should ban AI for mass surveillance and social credit scoring, says advisory group

An independent expert group tasked with advising the European Commission to inform its regulatory response to artificial intelligence — to underpin EU lawmakers’ stated aim of ensuring AI developments are “human centric” — has published its policy and investm…

India’s Byju’s raises $150 million to expand globally

Byjus, Indias most valuable edtech startup, has received new $150 million as it races to expand the reach of its learning app in the country and some international markets. The unnamed ongoing financing round was led by Qatar Investment Authority (QIA), the …

Raisin picks up $28M backing from Goldman Sachs for its savings and investment marketplace

Raisin, the fintech startup that offers a pan-European marketplace for savings and investment products, has picked up additional funding. Goldman Sachs has invested $28 million (25m), following the company’s $114 million in Series D in February. The new capi…

This drone-flamethrower combo is every thrill-seeker’s dream

This drone-flamethrower combo is every thrill-seeker’s dream

Whataburger Got Sold to Chicago. Texas Is Flipping Out.

Texans have a hard time supplying a definitive explanation for why the state has become so self-obsessed that even sharing a hamburger chain with outsiders raises hackles. Some believe it traces back to the Republic of Texas having once been a nation, its be…