Default alive: New era for startups marked by focus on survival and profitability

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TODAY'S TOP STORIES

We spoke with Seattle-area startup founders and investors to learn more about a major shift in mindset as the era of growth-at-all-costs transitions to a focus on profitability and survival. Read more.

BoxedUp, a startup launched by former Amazon colleagues, raised $2.8 million for its platform that helps rental equipment businesses set up and run online stores and manage inventory, invoices, orders, and delivery logistics in one spot. Read more.

It was the reboot before the rally: When the “blue screen of death” appeared on the giant video board at T-Mobile Park during a Seattle Mariners game last month, a hush fell over the crowd. But the apparent tech snafu was just part of an elaborate rally video created by the clever minds on the game entertainment team. Read more. 

On the latest episode of the GeekWire Podcast, we speak with “Startup Project” host and tech senior product manager Nataraj Sindam about the latest trends in AI and how they will impact startups and the broader tech industry. Read more and listen here.

Hot Links:

  • The Seattle Public Library is getting set to restore staff access to the library’s network as it continues to recover from a recent ransomware attack that crippled its tech systems and services. (Shelf Talk Blog)

  • Silicon Valley is the best destination for startups according to a recent study that gave the region’s ecosystem the highest marks for venture capital, patenting and startup formation. (The Wall Street Journal)

Thanks for subscribing to the GeekWire newsletter, and have a great week. — GeekWire editor Taylor Soper, taylor@geekwire.com; and GeekWire reporter Kurt Schlosser, kurt@geekwire.com.

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