As part of Cheddar's partnership with WeWork, we are introducing our viewers to start-up founders disrupting industries. The three co-founders of photo-sharing platform Blurr Technologies, Sam Marley, Daniel Korman, and Daniel Arvidsson, join to discuss how they were inspired to launch their company in college.
The founders of Blurr Technologies were freshman-year roommates at Northeastern University, hailing from three different continents. They were also teammates on the varsity soccer team. Marley says they were inspired to launch this company after experiencing how difficult it was to get access to photos taken around them in college. So they launched a photo-based sharing app. Now, the company is shifting gears to offer a business-to-business solution for events.
Blurr Technologies creates a geo-fence around events, and every picture taken by anyone is added to the shared album through this platform. Korman says their technology goes beyond a shared hashtag, because the user experience is frictionless. The company has since raised $250,000 in funding, and is a member of the WeWork community.
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
