#105m

**Key Takeaways:** **Exceptional Founder ROI:** Skio, founded by Kennan Frost, was acquired by competitor Recharge for $105 million cash, a remarkable return on only $8 million raised by investors. **Resilience and Pivot Power:** Frost’s journey exemplifies entrepreneurial grit, from solo-founding after a panic attack and “failing” YC to successfully pivoting the concept and achieving $10M…

Cam Spencer and the Memphis Grizzlies have agreed to a restructured contract worth $10.5 million over four seasons with three fully guaranteed seasons. Spencer originally agreed to a two-year, $4.5 million deal with the Grizzlies. Spencer is represented by Ross Aroyo, Mark Bartelstein and Torrian Jones. Spencer averaged 4.2 points, 1.2 rebounds and 1.4 assists in 10.1 minutes across 25 games last…

Genesis AI, a startup that goals to construct a foundational mannequin for powering all types of robots, has emerged from stealth with a large $105 million seed spherical co-led by Eclipse Ventures and Khosla Ventures. Based final December by Zhou Xian (pictured above, left), a Ph.D. in robotics from Carnegie Mellon College, and Théophile Gervet, a former analysis scientist with the French AI lab…

Liverpool’s need for a striker this summer is there for all to see, with the Reds already plotting moves in such a department ahead of the summer transfer window. Arne Slot’s side may have claimed the Premier League title in 2024/25, but improvements are still there to be made, especially if players were to depart Anfield during the off-season. Current centre-forward options Darwin Núñez and…