An Electric Truck Startup Announces a $700 Million Investment Round Led by Amazon

Plus, a work video communication startup raises $11 million, and an artificial intelligence company raises $4 million. February 22, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Rivian, an electric truck start-up, announced a $700 million investment round led by Amazon. Rivian plans to launch an electric pickup and electric SUV in the U.S. in 2020. The start-up will remain an independent company.  Loom, a work communication tool that helps you get your message across through instantly shareable videos, raises $11 million. The round was led by Kleiner Perkins. Loom has also announced the launch of its PC and Mac apps.  Kairos, an artificial intelligence company that specializes in facial recognition, raises $4 million. In the next two few years, Kairos might develop projects in cybersecurity, digital onboarding, and emotional analysis. Related: Why Timing Is Everything When Chasing a New Business Idea Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. […]

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Entrepreneurial Lessons From ‘Game of Thrones’ and the Super Bowl

Step one is investing in creative talent. February 10, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. American culture is saturated with popular shows, movies, music and sporting events — but only a handful manage to really permeate mainstream consciousness. And though there are many ways to make money in the $771 billion dollar entertainment industry, cultural phenomena like HBO’s Game of Thrones, the Super Bowl, and Hamilton — wildly divergent though they are — offer lessons for entrepreneurs who aspire to replicate, or surpass, their success. Related: Your Next Great Innovation for Your Business Might Come From Another Industry Game of Thrones, the Super Bowl and more. Even if you’ve never seen a single episode of the series, you likely know millions of people watched the recent finale of the seventh season of Game of Thrones. Episodes throughout this season averaged a staggering 30 million viewers. And the finale […]

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Companies That Discard Old Thinking About Ability Are Ahead of the Curve

Those embracing disability and inclusion best practices are financially outperforming companies that don’t. January 18, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. Every company wants to perform better than its competition. Since the late 1990s, leaders in corporate social responsibility have been asked for a business case that demonstrates the return on investment in diversity and social responsibility programs. “Getting to Equal: The Disability Inclusion Advantage,” recently released by Accenture in partnership with Disability:IN and the American Association of People with Disabilities, demonstrates companies that have embraced disability and inclusion best practices are financially outperforming companies without a disability and inclusion strategy. Related: Is an Inclusive Workforce Still a Distant Dream? This is significant because it’s one of the first major research pieces to tie disability inclusion to profitability and value creation. In this time of extraordinary low unemployment, every company is looking to source new […]

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Cannabis Legalization on the Rise, CBD gets Federal Approval, and We’re the Plug!

Here are three biggest cannabis stories of the year. December 28, 2018 1 min read Welcome to Green Entrepreneur’s video recap of the three biggest news trends hosted by yours truly, Conrad Martin. The word is out: Weed is in! Legalization was a big ticket in 2018, and will probably be again in 2019. Domestically, California, Massachusetts, Vermont, Missouri, Utah, and Michigan all legalized medical and/or recreational adult use. Internationally, Canada was the big story as they federally legalized cannabis across the entire country.  Related: New York Goes Green CBD. Is. Everywhere… CBD was all the buzz this year. People flocked to products containing the cannabinoid and companies started putting it in everything. But the biggest news in CBD was the FDA approval of epidiolex – a cbd medication aimed at preventing seizures.  Related: 5 Things You Should Know About CBD We’re the source! Last but – definitely not least – 2018 […]

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Right Hand Robotics Raises $23 Million in Funding

Plus, The Mom Project Raises $8 million and Deliveroo opens its first brick-and-mortar location. December 21, 2018 1 min read Opinions expressed by Entrepreneur contributors are their own. Right Hand Robotics announced the close of a $23 million funding round led by Menlo Ventures. Right Hand provides end-to-end solutions that reduce the cost of ecommerce order-fulfillment. The funding will be used to grow the Right Hand Robotics product line into industries like groceries, pharmaceuticals, and cosmetics. The Mom Project Raises $8 million! This platform connects talented women with world-class employers that respect work-life balance. The Chicago-based startup plans to use the money raised to expand its services to make the challenge of juggling work and parenthood easier. Online food delivery startup Deliveroo opened its first brick-and-mortar restaurant, located in Hong Kong. Deliveroo Food Market will serve as both a kitchen for delivering online orders and a storefront where consumers can choose from different […]

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These 4 Business Trends Will Have a Major Impact In 2019 — Watch Them Closely

New ways to pay, shipping competition, AI and the gig economy are all factors that will deeply affect future U.S. businesses. Are you listening? December 20, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. You’ve likely experienced your fair share of ups and downs throughout 2018, so to minimize the “downs” side of the equation and lead your team in the right direction in 2019, think about starting to prepare now.  Related: 5 Video Marketing Trends You Should Follow in 2019 While setting some New Year’s resolutions on how to improve your leadership skills will certainly help stimulate better results in the future, it’s equally essential that you monitor the trends that could affect your industry — and the business world as a whole — in 2019.  Thankfully, you won’t have to depend on guesswork to know what changes could be coming your way because there are specific business […]

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15 Biggest Money-Making Criminals of All Time

The inside finances of the world’s most law-adverse entrepreneurs. December 6, 2018 9 min read Opinions expressed by Entrepreneur contributors are their own. With billionaire drug lord Joaquín “El Chapo” Guzmán Loera’s U.S. trial currently snorting up line after line of cable news screen time, it got us wondering about who really is the most cash-heavy criminal of all time? The following list contains many net-worth guestimates (surprise, crooks don’t keep the most accurate tax returns!) and their ill-gotten gains have been adjusted for inflation. We’ve also excluded all of the other billionaires within the infamous Medellin Cartel besides Pablo Escobar (otherwise it’d be a very repetitive roll call).  Final note: we omitted past and present evil despots like Saddam Hussein and Vladimir Putin (the latter is rumored to be the richest man in the world) because grabbing gobs of money when you have armies and nuclear weapons at your disposal seems […]

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Photo of George H.W. Bush’s Service Dog Mourning at His Casket Pulls the Internet’s Heartstrings

The former president is scheduled to lie in state at the US Capitol Rotunda from Monday to Wednesday. December 3, 2018 2 min read This story originally appeared on Business Insider A photo of President George H.W. Bush’s service dog lying downbeat beside the casket of his old master on Sunday has spread across social media, causing an outpouring of emotion. Bush’s son Jeb, the former Florida governor, retweeted the photowith the simple words “Sully has the watch.” Abigail Ogle, an Oklahoma City local news anchor, tweeted: “Sully, the service dog of President George H.W. Bush, keeping watch over his best friend. Rest In Peace, 41. Good boy, Sully.” The actress Olivia Munn shared the photo, saying: “This is his pup Sully, lying beside him til the very end. Thank you for your service, Mr. President.” The Fox News host Bret Baier tweeted: “That is just a great pic of Sully the service dog […]

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The Founders Behind Drybar Are Launching a Massage Startup

Plus, Victoria Beckham is launching a vlogging series and there’s a new weather app that syncs with your calendar. November 30, 2018 1 min read Opinions expressed by Entrepreneur contributors are their own. Celebrity fashion entrepreneur Victoria Beckham is launching a YouTube vlogging series. The series will focus on makeup and styling tutorials with a personal aspect to it. The vlog announcement comes around the 10-year anniversary of her clothing line. Beckham already has 22,000 subscribers.  The Drybar founders, Alli Webb and Michael Landau, are launching a massage startup, Squeeze. Squeeze is a custom massage experience that is modeled after the Drybar. The massages will cost between $39 and $129, depending on the length of the session. Extras like a deep tissue massage, heat therapy or aromatherapy are included with no additional charge. The newly revamped weather app Weather UP is personalizing the weather forecast. The Weather UP app does not just offer the daily weather forecast, it now offers […]

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Bitmoji Competitor Genies Raises $10 million

Plus, BuzzFeed News launches a paid membership program and an online tutoring platform, Knack, raises $1.5 million. November 23, 2018 1 min read Opinions expressed by Entrepreneur contributors are their own. BuzzFeed News launched a recurring membership platform. Fans of Buzzfeed can pay a $5 monthly fee where they receive member-only emails highlighting the latest stories and a behind the scenes glimpse into BuzzFeed reporting. There is also a $100-a-year membership where fans will receive a BuzzFeed News tote bag. The life-like avatar services company, Genies, raised $10 million. The improved app lets you chat with up to six friends through your avatar. As you start typing, Genies detects your actions, where you are located and your emotions. It then offers you corresponding animations your avatar can act out. The peer-to-peer tutoring platform Knack raised a $1.5-million seed round. The platform is aimed at college students and works with more […]

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‘I Predict One Day Amazon Will Fail’

When asked about Sears recently going bankrupt, Jeff Bezos surprised everyone by predicting Amazon will most likely also fail and go bankrupt. November 19, 2018 3 min read This story originally appeared on PCMag A company doesn’t get as big as Amazon as quickly as it has without the CEO thinking a little differently to everyone else, and in the case of Jeff Bezos, that thinking extends to predicting when his company will fail. As CNBC reports, during an all-hands meeting held last Thursday in Seattle, Bezos was asked if he had learned anything from the recent bankruptcy of Sears and others. His response is not what anyone would expect from the CEO of Amazon, or CEO of any company for that matter. Related: New York Is Giving Amazon a Helipad and New Yorkers Are Furious Bezos is quoted as saying, “Amazon is not too big to fail … In fact, I […]

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Boring Company Breaks Through to the End of Its First Test Tunnel

The digging machine emerged at ‘O’Leary Station’ in Los Angeles. November 19, 2018 2 min read This story originally appeared on Engadget We’re about a month away from the planned opening of The Boring Company’s Test Tunnel in LA, and it appears progress is moving along. Elon Musk tweeted this brief video of a digging machine breaking through, and although he wasn’t specific about the location, it looks like they’ve reached O’Leary Station where the first test tunnel will end. Related: Elon Musk’s Boring Company will build a high-speed link in Chicago The ‘Godot’ machine dug its first segment on SpaceX property in June, and things have been moving along busily ever since. We’ll probably see people lining up for test rides after Black Friday. As the Boring Company explains, the point of this tunnel isn’t just to dig it, but also to show off the small elevators that are key to its “loop” concept and are small enough to […]

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New Report Estimates Over $1 Billion In Cannabis-Derived Taxes For Nevada

It won’t happen until 2024, but it looks like Nevada has hit the jackpot. October 26, 2018 3 min read Opinions expressed by Green Entrepreneur contributors are their own. The marijuana sales numbers are out for the Silver State, and they’re pretty darn impressive.  According to a new report by RCG Economics LLC and The Nevada Dispensary Association (NDA), which represents 90 percent of dispensaries statewide, taxable cannabis sales surpassed $525 million in the period from July 2017 to July 2018. The sales generated total economic benefits of almost $1 billion. The report predicts that recreational marijuana sales should hit compounded sales of $4.9 billion (in 2018 inflation-adjusted dollars) by July of 2024. Related: To the Surprise of Nobody, Nevada Marijuana Sales Hit $126 Million In 4 Months This should generate direct, indirect and induced economic benefits of $8 billion over the seven-year period, supporting approximately 67,500 person-years of jobs (or the […]

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Rent the Runway Partners With WeWork

Plus, eBay launches Instant Selling, a service that helps users sell their old smartphones, and the customizable glasses brand for kids Pair Eyewear announces the close of a $1 million seed round. October 26, 2018 1 min read Opinions expressed by Entrepreneur contributors are their own. Rent the Runway is bringing fashion to the office. The popular online fashion rental service is putting drop-off boxes in 15 WeWork spaces across six U.S. cities. Shoppers will now be able to immediately select new items for rent after they drop off items at WeWork. EBay launched Instant Selling, a service that helps users sell their old smartphones. Customers can list their device, add images and receive an instant voucher that can be used towards the purchase of a new device from eBay. EBay will reportedly offer a higher return than competitors’ sites.  The customizable glasses brand for kids Pair Eyewear announced the close of a $1 million seed round. For every pair […]

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7 Interesting Things to Know About Canada’s Legalization of Marijuana

Weed goes legal in Canada today. Read this before you spark a northern light. October 17, 2018 4 min read October 17 is a day that will live in weed infamy. Canada becomes only the second country in the world to legalize the plant. In many ways what’s happening up North is a dress rehearsal for what could happen in the U.S. when the federal government finally legalizes cannabis — just on a much smaller scale. The whole world is watching you Canada. Make us proud.  1. There are only a few national regulations. When the Canadian federal government legalized marijuana, it left the decision of how weed will be sold and where people can smoke it up to the Canadian provinces. Some regulations are pretty much standard from B.C. to New Foundland. You can’t buy cannabis if you’re under 18 (except in Quebec where the legal age is 21). You […]

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Take a Photo of an Ingredient and Get a Recipe With This App

Plus, a Twitch founder raises $65 million for legal startup Atrium and HP introduces a 3D printer for metal. September 14, 2018 1 min read Opinions expressed by Entrepreneur contributors are their own. Atrium, a full-service corporate law firm, has raised $65 million. Atrium uses technology to give startups a legal service that is fast, price-predictable and transparent. The round was led by Andreessen Horowitz.  HP announced its Metal Jet printer that builds items not of plastic but of steel. This industrial-scale 3D printer will provide advances into manufacturing sectors such as automobiles and medical devices.  There is a new startup called PixFood that lets you take pictures of food. PixFood is an AI-driven app that identifies available ingredients and finds recipes you can cook. PixFood launched in August and currently has 3,000 monthly active users. Read_more Related posts: An Egg Beats Kylie Jenner for Most Liked Instagram Photo This Photo-Sharing App Stands By an Authentic Marketing Experience Why Authenticity […]

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CEO of Culinary School Who ‘Disappeared’ Appears to Have Spent a Week in Jail

PlantLab CEO Adam Zucker said he’d been dealing with a ‘catastrophic’ personal issue for more than a week when his staff was unable to contact him. The time coincides with the arrest and incarceration of a person by the same name on embezzlement charges. August 31, 2018 9 min read Editor’s note: This story is developing and was last updated Sept. 1 at 12:01 p.m. When you can’t reach your company’s CEO for nine days — and he’s the “only person solely responsible for all finances” — what do you do? The team at PlantLab — a collection of culinary schools around the world formerly owned by celebrity chef Matthew Kenney — had to find out the hard way on Wednesday. That morning, they sent an email to enrolled students that all upcoming courses were canceled until further notice, in the wake of Zucker being unreachable. Entrepreneur broke the story on Wednesday. “It […]

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Apple Is Launching 3 New iPhones, Plus More Trends to Watch

Amazon opens its second Amazon Go Convenience store, and Bellwether coffee raises $10 million dollars. August 31, 2018 1 min read Opinions expressed by Entrepreneur contributors are their own. Amazon announced the opening of its second Amazon Go convenience store, located in Seattle. Amazon Go is a grocery store operated by the online retailer Amazon. It will feature a range of ready-to-eat breakfast, lunch, dinner, and snack options, as well as Amazon’s Meal Kits. The food options will be made by Amazon chefs and various local kitchens and bakeries.  Apple will reportedly announce the launch of three new iPhones in September. They are rumored to launch a 5.8-inch model, a more affordable model with a 6.1-inch screen, and a 6.5-inch display, the largest it has ever included on an iPhone. All of Apple’s new iPhones are said to use Face ID, which lets you unlock the iPhone by looking at it instead of using a fingerprint reader.  Bellwether coffee, a startup […]

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Local Laws Make Marijuana Businesses Loco

Even cannabis entrepreneurs in legal states struggle with draconian restrictions at a local level August 28, 2018 3 min read Opinions expressed by Green Entrepreneur contributors are their own. Even the most casual observer of the current legal marijuana situation in the United States understands that there now exists a patchwork quilt of marijuana laws from sea to shining sea. In California, marijuana is legal for both recreational and medical sales. Same thing in Colorado, Oregon, Washington, and (sort of) Massachusetts. But even within those states where marijuana is legal for recreational sales, there’s another level of bureaucracy that has the right not to allow that to happen. Those are the cities and counties that have banned any type of cannabis-related business. It’s already starting in New Jersey, which hasn’t even approved legal recreational marijuana sales. The city of Clifton recently joined a growing list of cities and towns banning […]

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Proctor & Gamble Wants to Trademark WTF and LOL

The company isn’t the first to try and own something that is publicly and widely used. August 24, 2018 2 min read To paraphrase Amy Poehler in the 2004 classic Mean Girls, Proctor & Gamble doesn’t want to just make regular cleaning products, it wants to make cool cleaning products. It seems that in a move to appeal to a younger demographic, the parent company of brands including Febreze and Tide filed for trademarks for the use of internet favorite acronyms LOL, FML, NDB and WTF on household items such as liquid soap and dishwashing detergent. The application is still in consideration and apparently this line of products isn’t in the offing yet. While it might seem odd that a company would try and trademark words, colors or even sounds that are just out in the ether for everyone to use, P&G is far from the first entity to do […]

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