3 lessons about tech startup unit economics from WeWork’s IPO fallout

A man looks at a graph representing a 12 month financial decline.

As a tech startup, it’s not enough just to have a great growth rate. You can't be buying customers with VC dollars and losing money when you sell product.Read More

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Bill Gates steps down from Microsoft’s board to focus on philanthropy

In an announcement on Friday, Microsoft revealed that company co-founder Bill Gates has decided to step down from his role on its Board of Directors in order to focus on his philanthropic efforts at the Bill & Melinda Gates Foundation. This is Gate’s biggest change to his role at Microsoft since stepping down as company chairman in February 2014. According … Continue reading from SlashGear https://ift.tt/2We90Gu

World Economic Forum launches Global AI Council to address governance gaps

The World Economic Forum is creating a series of councils that create policy recommendations for use of things like AI, blockchain, and precision medicine. Read More from VentureBeat http://bit.ly/2EKBjD4

Huawei 90-day license extension still leaves Mate 30 fate in limbo

The rumors were only partially correct. The US Commerce Department has indeed thrown Huawei a lifeline by granting it another Temporary General License extension but not the short 14-day period earlier believed. In fact, for the third time, Huawei is being given another 90 days to do business with US companies. Despite what looks like a generous reprieve, however, the … Continue reading from SlashGear https://ift.tt/2CRPdSm

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