Cake Files for Bankruptcy, Joining Other Troubled eMobility Firms
Swedish electric motorcycle startup Cake has reportedly filed for bankruptcy.
Cake CEO Stefan Ytterborn did not comment on next steps, TechCruch reported Friday (Feb. 2).
The company was in the ...
Error 402: Where’s The Crowd To Fund This?
As our Error 402 series continues, I swear that eventually we’re going to get to some of the more promising models and stuff that actually has been working in some cases shortly, but we’re still c...
Investors Lose the Plot on Meta Stock
Investors appear to have taken leave of their senses—at least with regard to the value of Facebook parent Meta Platforms. The stock rocketed 20% today, a rise fueled by the company’s robust fourth...
LendingClub Completes Standard Operating Agreement for New Bank
LendingClub exited the standard operating agreement for a new bank with the Office of the Comptroller of the Currency, having met all the requirements noted in the operating agreement.
The company now...