Category Archives: Business

Visa and Mastercard have agreed to pay $167.5 million to settle a long-running class action lawsuit. The suit, which was first filed  back in Oct. 2011, accused the two major credit card companies of conspiring to keep ATM fees artificially high.  The proposed settlement, filed on Thursday in Washington, if approved, it will mean anContinueContinue reading “Used an ATM since 2007? Visa and Mastercard may owe you cash”

Ford is recalling more than 270,000 electric and hybrid vehicles in the U.S. because of a parking function problem that could lead to them rolling away. The Detroit automaker said that the recall includes certain 2022-2026 F-150 Lightning BEV, 2024-2026 Mustang Mach-E, and 2025-2026 Maverick vehicles. At issue is the integrated park module, which mayContinueContinue reading “Ford recalls over 270,000 electric and hybrid cars due to parking function issue”

Here’s how to check for red flags before starting a partnership that could cost you your company and your sanity. source https://www.entrepreneur.com/starting-a-business/how-to-spot-a-dangerous-business-partner-before-it-costs-you/500705

We all face hard choices as we try to build strong companies. Studies have shown that good ethics from the beginning will lead to more profit in the long run. source https://www.entrepreneur.com/leadership/how-putting-profitability-over-ethics-sabotages-your-success/500297

Some of you should skip this post. It falls into the ‘VC reminiscing about time with a startup after a successful outcome was announced,’ specifically software quality startup Graphite being acquired by code generation startup Cursor. Don’t get me wrong – it’s definitely better written and less aggrandizing than the most tradition versions (you’re notContinueContinue reading “Graphite Gets Bought By Cursor: Three Reflections from Six Years of Work [PMF didn’t happen right away; working IRL mattered; three founders, three distinct roles]”