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Music business pioneer Ghazi Shami takes us on a journey from his youth falling in love with the buzzing Bay Area music scene, to taking a tech job in Silicon Valley, to combining those worlds as an engineer who founded Empire, a wildly successful music distribution company. In this episode, we hear how Ghazi opened his own recording studio at the age of 18, bringing fresh ideas to an industry he would eventually shake to its core by distributing the debut album of Kendrick Lamar.
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These companies promised a revolutionary way to deliver fresh food to cities. It turns out that’s very expensive.
Priya Anand
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When the market was booming, tech investors poured billions into companies designing new ways of farming. Now some of those bets appear to be wilting.
Fifth Season, a Pittsburgh-based vertical farming company, told employees this fall it was shutting down. Berlin-based Indoor Urban Farming GmbH, valued at more than $1 billion, laid off about 500 employees last month. And greenhouse startup AppHarvest, which went public through a special purpose acquisition company last year, has seen its stock sink more than 90% since its 2022 high. After telling investors it was low on funds, AppHarvest recently sold one of its farms and plans to rent it back.
Vertical Farming Is Latest 2022 Tech Layoffs Victim – Bloomberg
