POW工作量证明峰会嘉宾阵容#7

2023年工作量证明峰会（Proof-of-Work Summit 2023）正在继续组织一场令人难以置信的演讲嘉宾阵容，来自区块链和加密货币领域的思想领袖和行业专家齐聚一堂。在即将举行的峰会上，备受期待的演讲嘉宾包括Mario Havel、David Schwartz和Taras Kulyk。让我们近距离了解这些引人注目的人物，以及他们在即将举行的峰会上所带来的内容。 首先介绍Mario Havel，他是去中心化技术领域的真正先驱。作为以太坊基金会的协议支持者和研究员，Mario一直积极参与推广开源协议和区块链技术的发展。除了在以太坊基金会担任关键角色外，他还是Bordel Hackerspace的联合创始人，这是一个由社区推动的合作和创新倡议。Mario致力于在Bratislava、Prague和Barcelona等不同城市教育社区。通过他富有洞见的演讲和研讨会，他对激励人们为自由开源软件（FOSS）生态系统做出贡献，创造更具包容性和强大的数字未来功不可没。 David Schwartz是区块链和加密货币领域的知名人物。作为莱特币基金会战略合作伙伴总监，David在与该行业的主要参与者（包括BitPay、UFC和迈阿密海豚队）建立合作伙伴关系方面发挥着关键作用。 令人印象深刻的是，David在加密货币领域之外还拥有丰富的经验。作为一名20年的军队退伍军人，他曾在美国陆军和空军服役。他多方面的背景反映出独特的视角，必将为他在2023年的工作量证明峰会上的演讲增色不少。 Taras Kulyk是SunnySideAsics的创始人兼首席执行官，是数字挖矿、金融科技和资本市场领域的领军专家。Taras在全球范围内拥有广泛的经验，在挖矿行业的技术进步中处于前沿。他的远见和专业知识对多个项目的增长和成功做出了重要贡献。 此前，Taras担任过Validus Power的财务/增长高级副总裁和Core Scientific的增长高级副总裁等关键职位。在2023年的工作量证明峰会上，Taras将分享他宝贵的见解和经验，为与会者深入了解不断演变的挖矿行业提供帮助。 随着2023年工作量证明峰会的临近，人们的兴奋情绪日益高涨。我们迫不及待地想听听这些杰出演讲嘉宾的演讲，更令人兴奋的是，还将有更多的公告即将发布！请持续关注更新和更多加入活动的引人注目的人物。 请通过关注我们的POW Twitter, 莱特币基金会, 或ETC合作社，以及时了解所有最新消息。 请标记您的日历，参加这场不容错过的盛会，与我们一起在九月共同见证具有开创性和启发性的2023工作量证明峰会！ 感谢您阅读本文 要了解更多有关ETC Cooperative的信息，请访问：https://etccooperative.org 要了解更多有关ETC的信息，请访问：https://ethereumclassic.org ETC合作社 1207 Delaware Ave #541 Wilmington, DE 19806 USA 您收到这封邮件是因为您订阅了我们的网站。 取消订阅

POW Summit 2023 Speaker Spotlight #7

Prepare to be inspired! The Proof-of-Work Summit 2023 is continuing to assemble an incredible lineup of thought leaders and industry experts from the blockchain and cryptocurrency space. Among the exciting speakers headlining the event are Mario Havel, David Schwartz, and Taras Kulyk. Let's take a closer look at these fascinating individuals and what they have to offer at the upcoming summit. Meet Mario Havel, a true pioneer in the world of decentralized technologies. As a protocol supporter and researcher with the Ethereum Foundation, Mario has been actively involved in promoting open-source protocols and blockchain advancements. Besides his pivotal role at the Ethereum Foundation, he is also the co-founder of Bordel Hackerspace, a community-driven initiative fostering collaboration and innovation. Mario has dedicated his time to educating communities in various cities like Bratislava, Prague, and Barcelona. Through his insightful talks and workshops, he has been instrumental in inspiring people to contribute to the Free and Open-Source Software (FOSS) ecosystems, creating a more inclusive and robust digital future. David Schwartz is a prominent figure in the blockchain and cryptocurrency space. As the Director of Strategic Partnerships at the Litecoin Foundation, David plays a key role in forging partnerships with major players in the industry, including BitPay, UFC, and the Miami Dolphins. Impressively, David brings with him a wealth of experience beyond the crypto world. A 20-year military veteran, he has served in both the US Army and Air Force. His multifaceted background reflects a unique perspective that will undoubtedly enrich his talk at POW Summit 2023. Taras Kulyk, the Founder and CEO of SunnySideAsics, is a leading expert in the fields of digital mining, fintech, and capital markets. With extensive global experience, Taras has been at the forefront of technological advancements in the mining industry. His vision and expertise have contributed significantly to the growth and success of various ventures. Previously, Taras held pivotal positions such as Senior Vice President of Finance/Growth at Validus Power and Senior Vice President of Growth at Core Scientific. At POW Summit 2023, Taras will share his valuable insights and experiences, providing attendees with a deeper understanding of the evolving mining landscape. The excitement is building as the POW Summit 2023 approaches. We can't wait to hear from these outstanding speakers, and the best part is, there are more announcements on the way! Stay tuned for updates and more fascinating personalities joining the event. Make sure to stay up to date with all the latest news by following our POW Twitter, the Litecoin Foundation, or the ETC Cooperative. Mark your calendars for this not-to-be-missed event, and join us in September for a groundbreaking and inspiring POW Summit 2023! Thank you for reading this article! To learn more about the ETC Cooperative go to: https://etccooperative.org To learn more about ETC go to: https://ethereumclassic.org ETC Cooperative 1207 Delaware Ave #541 Wilmington, DE 19806 USA You received this email because you signed up on our website. Unsubscribe

American Airlines boosts 2023 outlook / Small businesses seek customer funds / J&J: higher earnings and raised guidance

Plus, Big Deal Round-Up

Inside Business For July 21, 2023

Happy Friday, Insiders! Today’s issue covers: American Airlines boosts 2023 outlook Analysis of why small businesses seek customer funds J&J outperforms with higher earnings and raised guidance If there's a topic you want to see discussed in the newsletter, let us know! If you find this newsletter helpful, please share it with your friends and colleagues. Shriram p/Shriram

1 American Airlines raised its 2023 earnings outlook after a solid start to the peak travel season, with record revenue of $14.06B, up 4.7% from last year. The company raised its annual earnings projection from $2.50 to $3.50 to $3 and $3.75 per share. More: In Q2, the company reported adjusted earnings per share of $1.92, surpassing expectations of $1.59, while total revenue amounted to $14.06B, exceeding the anticipated $13.74B. American Airlines' net income increased from $476M, or $0.68 per share, in the same period of the previous year to $1.34B, or $1.88 per share. According to the Texas-based airline, a projected capacity increase of up to 7% compared to the same period in 2022 might result in a potential 6.5% drop in unit revenues. On Thursday, American stocks fell more than 6% to $17.44, a steeper decline than its competitors.

2 What the numbers say: Over 1,300 businesses have attempted to raise capital by issuing bonds or revenue-sharing notes since 2017, with more than 60% of those attempts occurring in 2021, according to Kingscrowd. Of these companies, over two-thirds have successfully achieved their fundraising goals or are currently raising funds through these platforms. This method allows nonaccredited investors to get in on the action — the maximum investment limit for nonaccredited investors is $124,000, but some are putting up as little as $10. Relevance: Small businesses are now using bond offers to acquire financing by interacting with their consumers and the community in response to more stringent bank lending policies. As a result of new legislation allowing them to seek contributions from nonaccredited investors, crowdfunding platforms are enabling firms to issue loans and draw in a broad spectrum of investors. Where to see the impact: Small firms that have had trouble obtaining conventional loans are now considering issuing bonds to their clients and the local community for finance. Local governments are working with debt-fundraising platforms to help women- and minority-owned small companies qualify for bond issues to boost access to capital in underrepresented communities.

3 Johnson & Johnson reported sales of $25.53B and adjusted earnings per share of $2.80 in the second quarter, which were higher than analysts' estimates. The company's MedTech division, which makes gadgets for surgical procedures, orthopedics, and eyesight, saw sales increase as demand for non-urgent surgeries recovered. More: J&J's stock closed 6% higher on Thursday, offsetting its 5% year-to-date drop and bringing its market value to about $437B. The pharmaceutical section of the business recorded sales of $13.73B, with growth spurred by medications like Darzalex, Erleada, and Stelara. The consumer health division sales, now known as Kenvue, increased to $4.01B thanks to increases in over-the-counter and Neutrogena brand goods. To resolve the numerous lawsuits alleging that J&J's talc-based products caused cancer, its subsidiary LTL Management filed for bankruptcy in April.

4 Big Deal Round-Up: In the third week of July, notable M&A activity included Safran's acquisition of Collins for $1.8B and the purchase of Gresham House by Searchlight partners for $615M. Additionally, Swedish firm SBB divested shares worth $230M to Morgan Stanley, while McKinsey collaborated with AI firm Cohere. M&A: Safran, the French jet engine maker, is buying Collins Aerospace's flight controls business for $1.8B to capitalize on the increasing importance of computerized parts in aircraft. The American investment firm Searchlight Capital Partners announced that it had acquired Gresham House, a British asset manager, for $614.9M. Entain, a British company, is set to acquire American-based Angstrom Sports for a potential maximum amount of $266M, aiming to expand its presence in the U.S. Private Equity: SBB, the landlord central to Sweden's property crisis, is selling $228M worth of shares in a new subsidiary to Morgan Stanley as it tries to address its financing gap. Sheela Foam is set to acquire a 95% stake in Kurlon for $262.09M in cash, aiming to gain a larger portion of India's mattress market. Partnerships: McKinsey has collaborated with startup Cohere to assist clients in implementing generative artificial intelligence (AI) technology. UAE's ADNOC Gas has announced a 14-year LNG agreement worth $7B and $9B with Indian Oil Corp.

5 China's leading mobile payment platforms, Alipay and WeChat Pay, have announced that international travelers can now link their Visa and Mastercard accounts to their platforms. This enables travelers to use their Visa and Mastercard accounts for various transactions, including payments for goods, services, taxis, and public transportation in China. More: To use the services offered by the applications, foreign users formerly required a bank account in mainland China and a local mobile phone number. Over 80% of daily consumption transactions in China, with an annual electronic transaction volume of $434T, are conducted on mobile platforms. With a combined 91% market share in digital payment services, Alipay and WeChat Pay have opened up more access to using international credit cards in their applications since they first offered restricted access in 2019. With the expansion of their cooperation, Mastercard and Alipay now allow Mastercard cardholders to use the Alipay app to make local payments in China. Tencent plans to open access to other international card networks like Visa in July.

6 American Express (AmEx) beat predictions with second-quarter profits, posting an EPS of $2.89. However, despite high credit card usage, the company's shares fell 5% due to its cautious outlook and maintained earnings projection. More: With combined spending up 21% in the U.S. from a year earlier, millennial and Gen Z customers were the segment with the largest growth. AmEx increased its provisions for credit losses from $410M to $1.2B due to rising borrowing prices to be more prepared for debt repayment defaults. Despite the positive results, AmEx maintained its $11 to $11.40 per share earnings prediction for 2023. According to the company's CFO, Jeff Campbell, travel and entertainment expenditure was high across all demographics and geographical areas. In August, Campbell will retire, and Christophe Le Caillec, one of his deputies, will take over.

7 Quick Hits: Elevate your cloud expertise with the AWS Cookbook. Practical, concise, AWS-focused: This resource is your key to cloud success.* The NFL has fined outgoing Washington Commanders owner Dan Snyder $60M for harassment and misconduct claims. The league also approved the sale of the franchise to private equity billionaire Josh Harris. Tesla beat forecasts with adjusted earnings of $3.1B, or $0.91 per share, a gain of 20% over YoY, and a profit margin of 18.2%, despite the effects of price reductions throughout the year. Jamie Dimon, CEO of JPMorgan, revealed plans to expand the reach of its online bank Chase to Germany and other EU nations, ratcheting up the competition in a congested sector. Companies are vying to recycle electric vehicle batteries in North America to be eligible for subsidies, challenging China's hegemony in the industry. There are 12,000+ ways small businesses can qualify, but finding out if you're approved takes only two minutes. Apply now with no obligation, and discover what refund you're entitled to.* *This is a sponsored listing.

Upcoming Events JUL 25 Lacework hosts former CEO of Starbucks, Jim Donald, for a fireside chat on what CEOs need to know about cybersecurity.* Virtual Register Here JUL 31 #TwoCents Discussion Community Challenge Virtual Register Here AUG 2 Join Vanta and VioletX and find out how growing startups should navigate the complex compliance space.* Virtual Register Here OCT 16 Meet Our Fund 5, Building and Investing in AI San Mateo, California Save Your Seat NOV 7 Join us for Strategic Marketing 2023 and meet 300+ CMOs and senior marketing leaders from the world's biggest brands.* Virtual Register Here * This is a sponsored event

Knowledge Hub Term of the Day Earned media: Earned media describes the publicity and awareness that a company receives for free as a result of positive word-of-mouth or recommendations. Read More Question of the Week What's your stance on unpaid internships: valuable experience or exploitation? Join the conversation

INSIDE BUSINESS LEADERBOARD (7 DAYS) 🥇 anastasiya sahiba (6) 🥈 Sindi John (4) 🥉 Madison Peter (4)

Shriram Jeevakumar Freelance Writer Shriram is pursuing Master’s in Business with Marketing at Warwick Business School. He worked as a Senior Consultant in Tech and Political Consultancies before his Masters. He is passionate about Tech, Marketing, Strategy, Anthropology and Politics. He is also the Postgraduate Ambassador for Warwick Business School. This newsletter was edited by Aaron Crutchfield

Discover more on inside.com/business Thanks for reading today's issue of Inside Business. Explore Explore

Share Email Share on Twitter Open in Browser Open in Browser Open in Browser

Did someone forward this email to you? Get your free subscription here. Interested in sponsoring this newsletter? Connect with our sales team here. You received this email because you are subscribed to Inside Business. Manage your subscription or unsubscribe here. 767 Bryant St. #203, San Francisco, CA 94107 Copyright © 2023 Inside.com

                                                           

EV truck maker Farizon nabs $600M / Early-stage funding roundup / NineDot granted $25M in revolving credit

Plus, Charmed raises $400,000 for prompt-driven game development

Inside Startups For July 21, 2023

Hey Insiders,  Today we are taking a look at Farizon's $600M Series A round, NineDot's $25M revolving credit facility given by the New York state, and Charmed's $400,000 funding from Madrona Ventures. We have also rounded up the top early-stage funding rounds of this week.  Scroll down for some quick hits, and let us know what other content you'd like to see in future issues.  Karan p/karan-chafekar

1 Boyu Capital and Yuexin Industrial Fund led a $600M Series A funding round into Chinese EV truck maker Farizon Auto, a subsidiary of Chinese automotive giant Geely. The size of the current round is double its previous $300M pre-Series A funding round from Oct. 2022. The fresh funding will enable Farizon to accelerate product development and pursue global expansion beyond China, starting with Europe, where it plans to sell a light electric cargo van as early as 2024.  More: Farizon eventually intends to build its presence across Asia-Pacific, the Middle East, and South America. United Clean Energy and Linjiang Industry Group participated in Farizon's current round.  Farizon's parent Geely also owns automotive brands Zeekr, Polestar, and Volvo, the latter of which it acquired for $1.8B in 2010.  Zeekr is the only EV startup to nab a larger round than Farizon this year, closing out a $750M Series A fundraiser in February at a $13B post-money valuation.  Zoom out: In H1 2023, EV startups secured $4.2B in VC funding. At this rate, funding is unlikely to match last year's annual tally of $14.3B by this year's end.

2 VCs deployed $743M in early-stage global startups this week between July 15 to July 21, per Crunchbase data. FinTech sector raked in 18% of the funding this week. Biotech, healthcare, and AI sectors nabbed 17%, 14%, and 10% of the financing, respectively.  Here are the top five largest rounds announced this week:  Unstructured data orchestration platform Hammerspace raised $56.7M through its first institutional investment round. Prosperity7 Ventures led the round with additional support from Pier 88 Ventures, ARK Invest, and others.  Southlake, Texas-based cardio-renal disease treatment maker Renibus Therapeutics held the initial close of its Series B funding round at $47M. General purpose zero-knowledge virtual machine technology maker Risc Zero secured $40M in Series A funding led by Blockchain Capital.  Corporate credit card fintech startup Karat Financial nabbed $70M in Series B funding. The funding consists of a $40M equity tranche led by SignalFire and a $30M debt facility provided by TriplePoint Capital.   Cambridge, Massachusetts-based biotech startup Surge Therapeutics closed its Series B funding round at $32M. Bioluminescence Ventures led the funding round, joined by KdT Ventures, Piedmont Capital, 8VC, Alumni Ventures, Khosla Ventures, and others.

3 NineDot announced it secured $25M in revolving credit from New York State Energy Research and Development Authority's NY Green Bank. The startup aims to build 400 MW of energy systems by the end of 2026. More: NineDot plans to use the revolving credit to fund its connectivity to the grid in the New York City Metro area through 14 energy storage sites.  According to the NYC Department of Building's methodology, if NineDot's 5 MW batteries operated for all of 2022, it would have saved 420 tons of carbon dioxide equivalents.  NineDot was a participant in ride-hailing company Revel's vehicle-to-grid testing with Fermata and Con Edison in Brooklyn.

4 Charmed, a startup that works on game development tools, announced it raised $400,000 from Madrona Ventures. The company is developing the Texture Generator, which enables painting 3D objects based on user prompts.  More: Charmed's other products include a tool for texture map creation in the style of dungeon games such as Diablo and a quest generator. "Generative AI is the first time where, if you have the ability to build a game mechanic but not the art assets, you can start to produce those things with programming tools," Jeremy Tryba, Charmed's founder.  Tryba previously worked as VP at Snap, Placed, and Foursquare. Charmed enters a space with startups such as Versed and Scenario working on AI tools for game development, in addition to big players such as Roblox and Microsoft.

5 Portrait Analytics, a startup focusing on generative AI for investment research, raised $7M in a round led by Unusual Ventures. "AI has the potential to act as a bandwidth multiplier, but that won't be achieved by simply bolting ChatGPT onto existing products and data flows," said David Plon, the startup's CEO. More: The company was co-founded in 2022 by David Plon, who was a public markets principal at Baupost, and Connell Gough, a full-stack developer.  The product is currently in beta with asset managers, as Portrait plans a wider analyst access release "in the coming months." The round brings Portrait's total funding to $10M.  Other investments by Unusual Ventures include Carta, Robinhood, Harness, and Vivun.

6 Square Roots, a vertical farming startup co-founded by Elon Musk's brother Kimbal, shut down most of its locations on Tuesday. Additionally, the firm also laid off most of its staff, sources informed Business Insider.  More: The smart farming startup had raised over $90M in funding from investors, including David Sach's Craft Ventures, since its founding in 2016.  Co-founder and CEO Tobias Peggs informed employees through a Zoom call on Tuesday that the company is planning to shut down its production at its farms in Springfield, Ohio; Shepherdsville, Kentucky; Kenosha, Wisconsin; and one farm in Grand Rapids, Michigan.  The company will continue to keep another farm in Grand Rapids active and has held 10 workers at the location as it focuses on a new business model, pivoting away from manufacturing and packaging its own products to supporting business partners such as Gordon Food Services as a "farming as a service" provider.

7 Quick Hits: Elevate your cloud expertise with the AWS Cookbook. Practical, concise, AWS-focused: This resource is your key to cloud success.* Affini-T Therapeutics, a cell therapy biotech startup spun out from Fred Hutchinson Cancer Research Center, is shutting down its Seattle lab and laying off its staff. The startup emerged from stealth mode with $175M in funding last year.  German thermal satellite data startup Constellr nabbed €17M (18.93M) seed funding led by Karista, with additional support from FTTF, Lakestar, Vsquared, Amathaon Capital, OHB Ventures, EIT Food, and others. Dubai International Financial Centre (DIFC) and Crypto Oasis Ventures signed an MoU to collaborate on the latter's startup accelerator programs.  Indian industrial robotics startup Ati Motors bagged $10.85M in Series A funding from Blume Ventures, Athera Venture Partners, Exfinity Ventures, and MFV Partners.  There are 12,000+ ways for small businesses to qualify, but finding out if you're approved takes only two minutes. Apply now with no obligation, and discover what refund you're entitled to.* *This is sponsored content.

Upcoming Events JUL 25 Lacework hosts former CEO of Starbucks, Jim Donald, for a fireside chat on what CEOs need to know about cybersecurity.* Virtual Register Here JUL 31 #TwoCents Discussion Community Challenge Virtual Register Here AUG 2 Join Vanta and VioletX and find out how growing startups should navigate the complex compliance space.* Virtual Register Here OCT 16 Meet Our Fund 5, Building and Investing in AI San Mateo, California Save Your Seat NOV 7 Join us for Strategic Marketing 2023 and meet 300+ CMOs and senior marketing leaders from the world's biggest brands.* Virtual Register Here * This is a sponsored event

Knowledge Hub Term of the Day Earned media: Earned media describes the publicity and awareness that a company receives for free as a result of positive word-of-mouth or recommendations. Read More Question of the Week What's your stance on unpaid internships: valuable experience or exploitation? Join the conversation

INSIDE STARTUPS LEADERBOARD (7 DAYS) 🥇 James Spurway (43) 🥈 Mihai Paunescu (16) 🥉 Mehul Kamdar (8)

Karan Chafekar Analyst Karan Chafekar is a Management Consultant, Business enthusiast, and Licensed Pilot.  Nicolas is a Sr. Analyst at Inside, covering startups and transportation trends. He is an avid map maker and data nerd. Nicolas has worked in the shared-scooter space, as well as advised e-bike and moped start-ups.  This newsletter was edited by Vibha Chapparike

Discover more on inside.com/startups Thanks for reading today's issue of Inside Startups. Explore Explore

Share Email Share on Twitter Open in Browser Open in Browser Open in Browser

Did someone forward this email to you? Get your free subscription here. Interested in sponsoring this newsletter? Connect with our sales team here. You received this email because you are subscribed to Inside Startups. Manage your subscription or unsubscribe here. 767 Bryant St. #203, San Francisco, CA 94107 Copyright © 2023 Inside.com