incumbents

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Meanwhile, you wait for months for a good acquisition story, and then a ton of them come along all at once! The company just bagged a cool $430 million, hitting a lofty $5 billion valuation and making the financial world do a double take. A bit rich, if you ask yours truly, given everything else we know about Musk, but there you go. The underachievers — the bottom 10% — get their own badge of shame, a digital dunce cap signaling to travelers to swipe left.