🪡 Reduce, reuse, repair: Lithuanian startup Tingit launched a repairs marketplace to help people restore their used clothing. As someone who has used a sewing machine literally once, I dig this. This service is only available in Lithuania for now. Read more
🎙️ AI talent managers, technocapitalist college towns, and a rise in defense tech acquisitions: This week on Equity, the crew gets into arguably the most-talked about news in venture this week: the alleged Bolt financing. They also go into defense tech deals and some cool AI companies, and Margaux MacColl thankfully explains what on earth a "technocapitalist college town" is. Listen here
🚗 Call Waymo: Would you send your teen off to school in a robotaxi? Alphabet's Waymo is allegedly considering a subscription program that would allow teenagers to call rides on a parent's account. The program is very creatively called "Waymo Teen." Read more
🚲 Treadmill toll: In a shareholder letter released yesterday, Peloton announced it will be implementing a one-time $95 activation fee for used Peloton equipment. I'm not sure this will really move the needle considering used equipment users will still need to pay for Peloton's monthly subscription. Read more
📝 Call out: Two former OpenAI staffers wrote a letter urging Gavin Newsom to sign California's SB 1047, which looks to put AI guardrails in place. The letter also called out Sam Altman for being against the bill even though he's publicly touting that he wants AI regulation. Read more
🚫 Cut it off: Halliburton, one of the largest energy companies in the world, was hit by a cyberattack earlier this week. The company said it became aware of the incident on Wednesday and started shutting down select areas of the business in response. Read more
