Despite bitter rivalry, Kalshi, Polymarket CEOs back M predictions markets VC fund

Despite bitter rivalry, Kalshi, Polymarket CEOs back $35M predictions markets VC fund

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…

Read More
Delve halts demos, Insight Partners scrubs investment post amid ‘fake compliance’ allegations

Delve halts demos, Insight Partners scrubs investment post amid ‘fake compliance’ allegations

Delve, a Y Combinator-backed compliance startup accused of fabricating certifications for its customers, has disabled the “book a demo” feature on its website. The controversy, detailed last week in a Substack post by an anonymous whistleblower known as “DeepDelver,” has apparently led Insight Partners to scrub an article explaining its $32 million investment in the…

Read More
Delve halts demos, Insight Partners scrubs investment post amid ‘fake compliance’ allegations

Delve accused of misleading customers with ‘fake compliance’

An anonymous Substack post published this week accuses compliance startup Delve of “falsely” convincing “hundreds of customers they were compliant” with privacy and security regulations, potentially exposing those customers to “criminal liability under HIPAA and hefty fines under GDPR.” Delve is a Y Combinator-backed startup that last year announced raising a $32 million Series A…

Read More
Delve halts demos, Insight Partners scrubs investment post amid ‘fake compliance’ allegations

Delve accused of misleading customers with ‘fake compliance’

An anonymous Substack post published this week accuses compliance startup Delve of “falsely” convincing “hundreds of customers they were compliant” with privacy and security regulations, potentially exposing those customers to “criminal liability under HIPAA and hefty fines under GDPR.” Delve is a Y Combinator-backed startup that last year announced raising a $32 million Series A…

Read More