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Podcast: Hospitality in the Era of Web3 with Ben Leventhal
Ben Leventhal has nothing if not good timing. In 2004 the New York entrepreneur launched Eater at the dawn of the blogging era, when food media was still mostly legacy publications and message boards. After selling Eater to Vox, he launched Resy in 2014 just as restaurants were beginning to...
How ChatGPT Is Going to Make You a Better Cook
You’ve probably heard of ChatGPT by now, the AI-powered chatbot wowing technologists, journalists, and a whole bunch of Twitter users with its ability to understand human language and give realistic human-like responses. The New York Times called ChatGPT the “best artificial intelligence chatbot ever released to the general public”...
Forum3 Announces $10M Seed Round On Heels of Launch of Starbucks’ Web3 Loyalty Beta
Today Forum3, a Seattle-based startup that helps companies build Web3-enabled loyalty programs, has announced it has raised a $10 million seed funding round. The company, co-founded by former Starbucks loyalty lead Adam Brotman and Seattle-based VC and ex-Microsoft exec Andy Sack, raised funding from Decasonic and included participation by Bloccelerate, Liberty City Ventures, and Arca, along with strategic investments from Polygon Ventures and Valor Siren Ventures.
New Culture Believes Its Animal-Free Casein Will Help Grow the Alt.Cheese Market
It might sound like a scene from “Forest Gump,” but consumers love cheese–sliced, diced, shredded, spread, liquid, and chunked. Globally, according to Expert Market Research, we’re looking at a space that reached a value of about $75.46 billion in 2020 and is expected to grow at a CAGR of 7.8% in the forecast period of 2023-2028, reaching a value of approximately $109.85 billion by 2026. Any way you look at it, that’s a lot of cheddar.
High Tech Farmer AppHarvest is Rapidly Running Out of Money
Kentucky-based controlled environmental agriculture company AppHarvest has warned in its latest financial report that it only has enough capital to continue operations into the first quarter of 2023. According to its quarterly report filed on November 7th, the company says there is “substantial doubt” about its ability to continue as...
Hack Drains FriesDAO Restaurant Project of $2.3M in What Looks Like Potentially Lethal Blow
Late last month, FriesDAO, the organization that made a splash when it raised over $5 million via a token offering earlier this year, saw its treasury raided and drained by a hacker. According to a postmortem created by the DAO’s admins, hackers were able to access the DAO’s treasury and...
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