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- SBF guilty on all seven counts, Apple earnings, and more
SBF guilty on all seven counts, Apple earnings, and more
SBF was found guilty on all seven counts related to fraud and money laundering, with a max sentence of 115 years in jail - Link
Apple Q4 earnings: revenue: $89.5B (-1% y/y), net income: $23B, services revenue: $22.3B; shares were down slightly - Link
Cloudflare Q3 earnings: revenue: $335.6M (+32% y/y), net loss: $23.5M, net cash flow: $68.1M, Q4 revenue came in below estimates; shares were up 14% on the news - Link
Elon Musk announced that xAI will release its first AI model to a select group of test users on 11/4 - Link
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Maven Co-Founder and CEO Gagan Biyani joins Jason to break down his startup's live, cohort-based education model (2:28). Then, Gagan dives into his past journeys at Udemy, where he was eventually fired but wound up revolutionizing online learning and going public (35:08), and Sprig, a food-delivery startup that went on to raise $60M and scale to $20M in revenue, but ultimately failed (47:36). - Link
Okta disclosed that attackers who breached its customer support system last month gained access to files belonging to 134 customers - Link
NFT marketplace OpenSea cut ~50% of its team and now has ~230 staff remaining as NFT trading volumes wane - Link
Elon Musk announced SpaceX's Starlink service has hit cashflow breakeven - Link
Coinbase Q3 earnings: revenue: $674.1M (+14% y/y), net loss: -$2.3M, ~$76B in trading volume; shares were up slightly on the news - Link
This Week in Startups
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