Frost Giant, a venture-backed startup building a real-time strategy (RTS) game called Stormgate, is turning to its community to top up its coffers ahead of the game’s launch this year.
The venture capital market for gaming companies has retreated sharply since Frost Giant last raised money (a $25 million Series A back in 2022).
Thus far, Frost Giant has picked up $611,421 in reservations for its community fundraise on its Start Engine page.
Reg CF offerings are limited to $5 million, so Frost Giant has a hard cap on how much it can raise.
We got a similar peek into Substack’s financials when it raised capital from its community last year, and we’ll get a similar influx of data from Frost Giant.
Now, new data indicates that TikTok’s growth has started to slow, begging the question if the app’s move into e-commerce via TikTok Shop is to blame.
According to new data from market intelligence firm Sensor Tower, while TikTok’s growth remains positive, that growth is decelerating.
The change comes on the heels of TikTok’s launch of TikTok Shop in the U.S.
While TikTok users are adapting to their favorite social network turning into an online mall, TikTok’s Shop Seller app, which powers its e-commerce initiative, has grown.
However, users aren’t yet so upset with TikTok Shop as to abandon the app for Instagram Reels.
BACKGROUND: Fake news is a familiar problem on social media, but it’s also been found to be a problem on some well-known news websites. For example, the website Politifact found…
We’re on the cusp of another huge tech boom and there’s no telling what hot startups will be acquired or go public in the next quarter. Investors are ready to…
No matter how carefully you plan, unexpected issues can arise when starting up a business. A definitive founder’s guide would have to include chapters like, “So you’ve hired the wrong…
