Everyone is talking about Kalshi and Polymarket, the “prediction market” platforms.
But I recently came across a sobering statistic:
More than 70% of users on these platforms are losing money. And meanwhile, a tiny group of users is capturing almost all the profits.
The thing is, this imbalance isn’t due…
Imagine landing a senior role at the world’s most valuable company straight out of culinary school, or after running a cocktail bar.
Your paycheck? Over a million dollars a year.
That’s the reality for Spencer and Madison Huang, the son and daughter of Nvidia CEO Jensen Huang. According to Nvidia’s…
Giant data centers are starting to pop up in towns all across America. If you hate this trend, perhaps you’d prefer a mini data center — much closer to home »
Left your charger…
Picture this:
A venture capitalist (VC) sits down with a big-time Wall Street banker who handles IPOs.
The VC wants to know what the public markets are looking for. With that information, he’ll be able to invest — early, cheaply — in private startups that could become blockbuster IPOs.
The banker…
New regulations in California allow the police to give tickets for cars that aren’t following the rules — even if there’s nobody behind the wheel »
In 2009, Domino’s was failing. Three years later,…
You’ve probably heard the statistic a thousand times:
90% of startups fail.
It’s repeated like gospel in boardrooms and podcasts. The message is clear: Most startups will flame out, taking your capital with them.
But for smart investors, what if this “common wisdom” is more myth than reality?
Last…
A new BMW can change its appearance on command. See it in action here »
The yearning to cheat death has infused pop culture for ages. Now, Boyang Wang is aiming to turn this yearning into reality. Learn more »
…Tags: April fools Cybercab
Chances are, you’re not an astronaut.
But I’d bet that NASA still plays a big role in your life.
Since 1976, America’s space agency has been responsible for more than 2,000 blockbuster innovations. For example:
It was inevitable.
After watching how AI tackled tasks that once seemed reserved for brilliant humans, Instacart co-founder Apoorva Mehta decided to take things a step further. Last year, he launched Abundance — a hedge fund designed to let artificial intelligence call the shots.
Picture this: Thousands of AI bots…
Scientists have developed a nasal spray that improves the memory of aging mice. Will it work on people, too? »
Millions of Americans use AI chatbots to get answers about their health. Doctors are using AI, too — Tags:
Apple
Pasta sauce
