Nike Is Entering Into a Subscription Model Business

Plus, a Bay Area startup raises $28 million, and a startup helping podcasters raises $23 million. August 16, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Nike is entering the subscription model with a kids sneaker club. The subscription service is called the Nike Adventure Club. It will allow parents to order shoes for their kids ages 2 to 10 either on a quarterly, bimonthly or monthly basis. The fees are either $20, $30 or $50 depending on the frequency of the service.  A Bay Area Startup, Light Field Lab, raises $28 million! Light Field Bosch Venture Capital and Taiwania Capital led the round of funding for the company’s technology to build large holographic displays out of small building blocks. A startup that wants to help podcasters build media business called Glow raises $2.3 million! Glow helps podcasters start monetizing their podcasts with a simple and seamless payment system. Listeners can sign up for recurring subscriptions […]

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‘People Enablement’ Is the Human-Resources Trend You Can’t Ignore

Stop viewing HR reps as administrative and give them a seat at the board. August 15, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. It seems unfortunate that human resources, one of the most vital functions of an organization, frequently suffers from a bad reputation. Employees usually know little about what their HR contacts do beyond payroll and contracts, while C-Suite execs tend to leaves them on the sidelines of visionary decision-making.   But if there’s truth behind the common call to “grow your people, grow your business”, shouldn’t HR be the most important department in a company? It’s time to stop viewing HR reps as purely administrative and give them a seat at the board by adopting the principle of “people enablement.” At its essence, people enablement is a more holistic approach towards individual development, and it encompasses the technology, processes and content empowering employees and teams to develop and improve faster. Through this emerging trend, companies can […]

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The Rise of Impostor Entrepreneurs

It’s not only easier to steal an identity, but also to create one. August 13, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. For every aspiring entrepreneur in the world, there’s a scam artist who’s tried to rip them off. If you need proof, just search this website. You’ll find warnings of startup scams, venture capital scams, credit card scams, travel scams and SEO scams. Unfortunately, there’s a new one, and it’s especially insidious, because you might never know you were taken. It won’t cost you money, but it can sink your credibility. The best way to explain it is to give you a recent example from my own industry. Last month, the Huffington Post exposed a “fake financial expert” who was quoted in MarketWatch, Consumer Reports, and Business Insider, among other noted online outlets, before being outed. Her “name” was Patricia Russell, and her photo, as it turns out, was a […]

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Hyundai Creates a Car With a Roof-Based Solar Charging System

Plus, Shake Shack partners up with GrubHub, and a direct-to-consumer plant startup raises $7.5 million. August 12, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Hyundai Motor Company has launched a car with a solar roof charging system. The Silicon solar panels have been attached to the roof of the vehicle and can charge while the car is moving. The vehicle is being sold in South Korea and will also be released in the North American markets.  It will now be easier to get Shake Shack! Shake Shack and Grubhub are teaming up for nationwide delivery. The partnership is currently being tested in four locations — New York, Illinois, New Jersey and Connecticut. The companies plan to expand delivery to Shake Shack’s 150 US restaurants over the next nine months. A startup called Bloomscape raises $7.5 million in series A funding. Bloomscape launched a little over a year ago and has shipped more than […]

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Far Too Many ‘Adults’ Still Using Parents’ Phone Plan

A mix of ‘failure to launch,’ zero desire for financial independence and attractive family plans mean half of people age 18 to 24 are still mooching off actual adults. August 6, 2019 2 min read This story originally appeared on PCMag In a new survey of 1,000 Americans across all ages conducted by Let’s Talk, a website devoted to helping users find the right mobile-phone carrier, the results were, in its words, “startling.” Some might say sickening. The survey found a full 49 percent of young adults age 18 to 24 are still getting their smartphones’ voice and data service paid for by their parents (or another responsible adult in the family). The number drops quite a bit when they hit 25 — the age you can also also rent a car with less hassle, so it’s the magic number where everyone becomes instantly more responsible. Only 16 percent of people age 25 to […]

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After Shootings, Cloudflare Pulls Plug on 8chan

‘We draw the line at platforms that have demonstrated they directly inspire tragic events and are lawless by design. 8chan has crossed that line,’ says Cloudflare CEO Matthew Prince. August 5, 2019 3 min read This story originally appeared on PCMag UPDATE 8/5: An 8chan admin today said the site is now using BitMitigate, which is the anti-DDoS used by The Daily Stormer, as the NYT’s Kevin Roose notes. “8chan is coming back online across the world as dns is propagated. Please report any bugs or weirdness to me so I can fix it,” the admin tweeted two hours ago. Original Story:In the wake of this weekend’s mass shootings in El Paso, Texas, and Dayton, Ohio, internet security firm Cloudflare will kick 8chan off its network tonight. “8chan is among the more than 19 million internet properties that use Cloudflare’s service,” CEO Matthew Prince wrote in a blog post. “We just sent notice that we are terminating […]

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Is Apple Going to Release a Credit Card?

Plus, there’s a new app that lets your Instagram followers track your location, and a startup that adds a voice interface to websites raises $4 million. August 2, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Apple might release a credit card called the Apple Card. It is an in-house credit card powered by Goldman Sachs and Mastercard. The Apple Card would be both physical and virtual. There are no numbers on the card for security reasons. Instead, when you want to pay for something on a website that doesn’t support Apple Pay, you get a virtual card number in the Wallet app. Instagram stalking has taken on a new meaning! A new app called Who’s in Town aggregates data from geotagged posts and stories and map updates in real-time. Users who download the app and grant it access to their Instagram account are presented with an interactive map of every […]

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A Streaming Video Service Company Raises More Than $50 Million

Plus, Pinterest launches wellness activities, and Starbucks is releasing its own line of coffee creamers. July 26, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Iflix, a free and subscription video-on-demand service that is focused on emerging markets raises more than $50 million. The round of funding was led by Fidelity International, with participation from additional returning investors. The funding will be used for growth ahead of a prospective IPO.  Pinterest has launched emotional wellness activities in partnership with Brainstorm, the Stanford Lab for Mental Health Innovation and the National Suicide Prevention Lifeline. If a Pinterest user is searching stress quotes or work anxiety, the option to engage with the new activities to help users cope with anxiety and stress pops up.  Starbucks is releasing their own line of coffee creamers next month. It’s coming out with three flavors in partnership with Nestle. The new creamers come in caramel macchiato, white chocolate mocha, and cinnamon […]

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5 Essential Cannabis Trends You Can’t Afford to Miss

New research indicates these events will drive the global cannabis market. July 22, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. Figuring out where the cannabis industry is heading next is no easy task. The industry is filled with a seemingly daily deluge of noise and breaking news. But there are a handful of trends and events you should keep an eye on. Arcview Market Research in partnership with BDS Analytics has discovered key data points that reveal some of the big industry levers shaping things to come. Let’s dig in. 1. CBD will take center stage. Until recently, the cannabis market was dominated by THC products, but now CBD is on everyone’s lips. What happened? In 2018, two regulatory events changed the direction and growth trajectory for the cannabis market. First, the Food and Drug Administration’s (FDA’s) approved GW Pharmaceutical’s seizure medication, Epidiolex, the first CBD pharmaceutical-grade […]

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Mark Cuban and Serena Williams Invest in a Software Services Platform

Plus, there is a new pet-friendly app that will pick up you and your dog, and there’s a startup putting a new spin on laundry and dry cleaning. July 19, 2019 1 min read Opinions expressed by Entrepreneur contributors are their own. Mark Cuban and Serena Williams have invested $3 million in seed funding to Mahmee. Mahmee is a HIPAA-secure care management platform that makes it easy for payers, providers and patients to coordinate comprehensive prenatal and postpartum healthcare from anywhere. The company also offers a community of other moms going through the same thing and plans on using its new funding to expand its team and partnerships.  SpotOn, a mobile app available on the iPhone and Android, makes it easy to hail a ride even with your pet. All the SpotOn drivers are trained to accommodate pets of all sizes, and each vehicle is equipped with special equipment that ensures the pet’s safety during the […]

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Lady Gaga Is Coming Out With a Beauty Line on Amazon. Here’s What You Need to Know.

Plus, you can now pay a premium to request a quiet Uber driver, and there is a new mentorship app. July 12, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Lady Gaga is creating a new makeup and skincare line called Haus Beauty. The beauty line will apparently have foundation, lipstick, perfume, face wash, highlighter and nail polish. Haus Laboratories will be the first major beauty brand to launch exclusively on Amazon. This will mark Gaga’s first independent business venture. Want a quiet Uber ride? Now, with Uber Comfort, it’s an option in 43 cities — for a premium price. If you pay the extra 20 to 40 percent more you can get a newer car, higher-rated drivers and the request for a chatty or silent car ride.  A digital mentorship platform startup called Tribute is aiming to redefine membership. The Seattle based startup wants corporate membership to be an easier and more authentic experience. Related: A […]

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Sam’s Club Launches Alcohol Delivery Through Instacart

Plus, a new DNA startup will help you live an overall healthier lifestyle, and there’s a new female-led media Venture called Shared Media. June 28, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Sam’s Club is expanding into same-day alcohol delivery via Instacart. Sam’s Club members will be able to order both from the in-house “Member’s Mark” as well as well-known alcohol brands like Tito’s and Kendall Jackson. The alcohol delivery is currently live in 215 stores across 12 U.S. states with plans to expand into more markets.  There is a new startup called DNAfit that examines your genetics to help you become the best possible version of yourself. DNAfit will tell you what you should be eating, what exercise will benefit your body most—and will even explain why you might be a morning person or a night owl. The basic DNA test starts at $89.  Boss ladies Lily Marston […]

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Facebook Launches a New Cryptocurrency Called Libra

Plus, Lululemon launches a line of personal-care products, and a mental health chatbot app raises $3 million. June 21, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Facebook is creating a new open-source digital currency called Libra. The goal is for developers to create services for consumers to send money around the world easily and for free. Payment companies like Visa, Stripe and PayPal will help merchants accept Libra. Lululemon is expanding beyond workout apparel. They have announced the launch of personal-care products sold in retail 50 stores and online. The lineup includes dry shampoo, deodorant, face moisturizer, and lip balm. Lululemon has also hinted that they might launch their own line of shoes! A mental health app chatbot app called Youper raised $3 million. The funding was from Goodwater Capital and the San Francisco based startup will use the funding to grow their AI based capabilities.  Related: The Number One Reason Women Entrepreneurs Should Look to Support Each […]

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Amazon Is Working on Wearables That Can Read Your Emotions

Plus, a health fitness startup raises $3 million, and TikTok’s parent company is working on its own smartphone. May 31, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Amazon’s hardware group Lab126 and the Alexa voice software team are working on a new wearable device. It is described as a health-and-wellness product that would come equipped with a microphone to listen to a user’s voice and detect their emotional state. Amazon has yet to comment on the new wearable device.  Livekick, a startup that gives customers access to one-on-one personal training, raised $3 million in seed funding! Users can sign up for one, two or three live, 30-minute sessions with a remote trainer, with whom they’ll connect via the Livekick app or website. TikTok’s parent company, ByteDance, is reportedly launching its own smartphone! The plan is to focus on launching the phone with the company’s many apps pre-installed.  Related: Why This […]

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American Express Purchases a Startup to Help Its Cardmembers Eat Better

Plus, Target launches a new skincare brand, and a startup is delivering an easier way to train your puppy. May 24, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. American Express recently announced its acquisition of Resy, a startup that helps people get seats at restaurants and that also previously made an appearance on Business Rockstars. American Express says the acquisition will help cardmembers get access to notable restaurants that are usually hard to get into. Target launched a new exclusive skincare line called Versed. Versed relies on powerful, clean ingredients that fight everything from dryness to acne to aging. Versed was created by the same team that created the Target-exclusive apparel and accessories line Who What Wear.  Plus, a Shark Tank entrepreneur is helping dog parents house train their dogs! Fresh Patch is a startup that delivers a patch of real, dirt-free grass to your front door. The all-natural grass training pad is a no-brainer for dog […]

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Now Is the Time to Press Even Harder for Immigration Reform

The case for incentivizing U.S.-educated, foreign-born PhDs to build their businesses in America. May 21, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. Late last year, I attended Pitchfest in New Haven where some of Yale University’s most innovative life science faculty competed for startup grant money from the Blavatnik Fund. It was a day spent packed into a ballroom and it was electrifying. One by one, members of Yale’s rock star faculty got up and gave eight-minute descriptions of their mind-bending breakthroughs that could eventually save lives.  As I watched, something struck me — their accents. Close to half were foreign-born. They were immigrants. That shouldn’t be that all that surprising. Studies have found that nearly half of the founders or co-founders of Fortune 500 corporations are immigrants or the children of immigrants, and last year 51 percent of domestic private companies valued at $1 billion or more — unicorns — […]

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Denver Voters Decriminalize ‘Magic Mushrooms’

Like cannabis, psilocybin mushrooms are being embraced socially but not legally — until now. May 11, 2019 2 min read Brought to you by Benzinga In an unprecedented move, Denver will become the first city in the U.S. to decriminalize psychedelic psilocybin mushrooms.  What Happened For the past month, people in Denver have been voting on the Initiative 301, which deprioritizes the imposition of criminal penalties on the personal use and possession of psilocybin mushrooms among people over 21 years of age to the greatest extent possible.  The initiative also bans the city and county of Denver from spending resources on pursuing charges against people for the personal use of these mushrooms. It passed by a narrow margin of 1,979 votes, with 89,320 people or 50.56 percent voting in favor. Related: Whatever Business You’re In, You Can Pivot to the Cannabis Business Why It’s Important Initiative 301 doesn’t make psilocybin mushrooms, also known as magic mushrooms, […]

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This Health Coaching App Just Raised $58 Million

Plus, Plum raises $4.5 million, and two female founders are disrupting the non-dairy milk industry. May 10, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Noom, a health coaching app, raised $58 million led by Sequoia Capital. Noom focuses on long-term lifestyle changes and tracks calories and exercise. Noom will use the capital to bring on more employees for product development.  Meanwhile, the money management chatbot Plum raised $4.5 million. The intelligent chatbot is designed to create better financial behavior habits. Its three-pillar strategy incorporates savings, investments and helping users find out when they’re wasting money on overpriced deals.  The two female founders of Malibu Mylk want to make flax milk, which is loaded with fiber and protein and low in sugar, the new dairy-free milk of choice. You can try Malibu Mylk in major grocery stores like Whole Foods, Bristol Farms, and Erewhon.  Related: Why Being a Good Entrepreneur Means Taking […]

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Kabbage Closes $700 Million Asset-Backed Securitization

Plus, Rent the Runway is going to start offering clothing for girls, and Landed just raised a $7.5 million Series A round. April 12, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Loan platform Kabbage has closed a securitization of $700 million dollars as it continues to grow. Kabbage is valued at over $1.2 billion dollars.  Rent the Runway, an online clothing and accessory rentals platform, is going to start offering clothing for girls later this month. Some of the designers offered for kids will be Fendi, Chloé and Stella McCartney. The announcement comes shortly after Rent the Runway announced their venture into the home business through a partnership with West Elm.  Landed, a startup company that helps teachers buy homes, just raised a $7.5 million Series A round. Landed helps teachers and educators buy homes by helping them with down-payment assistance. The round was led by Initialized Capital.  Related: Hiring More Women Is One of This Founder’s Proudest […]

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Starbucks Announces a $100 Million Investment in a New Venture Fund

Plus, a new startup helps educators build their own websites and another startup is disrupting cottage cheese. March 29, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. Starbucks announced a $100 million investment in a new venture fund with Valor Equity Partners. The new fund will give Starbucks a first look at food and retail start-ups. The fund plans to raise an additional $300 million from outside investors in the coming months. Clark, a New York-based startup, is going to help educators set up and maintain their websites. Clark charges a fee up front for setting up the business, then charges a monthly fee for use of its software. Clark not only helps with the website creation, but also helps out with marketing and branding efforts.  Healthy food startup Good Culture will make you want to buy cottage cheese again! Good Culture uses simple ingredients you can actually pronounce. […]

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