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Ethan Thornton dropped out of MIT at 19 to build weapons. The first one, a hydrogen-powered system he prototyped with parts from Home Depot and Amazon, didn’t work out — “hydrogen was just a bad bet in general,” he told me this past week at TechCrunch’s StrictlyVC event in Los Angeles. Three years later, his…
Few rivalries in the startup ecosystem are as intense (and occasionally bitter) as the race between Polymarket and Kalshi for dominance in the rapidly growing prediction market arena. Despite their fierce competition, the CEOs of both companies are investing in 5(c) Capital, a new prediction market-focused VC firm launched by former Kalshi employees, Fortune and…
In late 2022, Noah Pepper, a former Stripe business lead for the Asia Pacific region, founded Multiplier, a startup that aimed to sell software to tax accounts. But soon after ChatGPT was released, it occurred to him that AI can change how professional service firms use technology. “I realized I was barking up the wrong…