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Furniture waste is a growing concern as consumers and companies seek to reduce carbon emissions. Apparel companies like Poshmark, Dpop and Thredup are thriving in online thrifting, but furniture thrifting is a lot more complicated, simply due to the size of the items. The New York-based startup is an online marketplace for buying and selling used furniture that provides pick-up and delivery for items. It also works with major retailers, like West Elm and Pottery Barn, to sell floor models or resell items that have been returned. For big furniture retailers, there is big waste in returns and the reverse logistics involved — from the costs to the transportation emissions.
Persons: Reham Fagiri, Kathleen O'Brien, O'Brien, Zoe Perret, Fagiri, Lisa Rizzolo Organizations: Environmental Protection Agency, Comcast Ventures, Hearst Lab, Great Oaks Venture, Soma, CNBC Locations: New York, AptDeco, U.S, Alaska, Hawaii
Toilet paper wipes out thousands of acres of Canadian forest each year, and demand for it is growing. Toilet paper is most often made of wood pulp, which, in the U.S., is generally sourced from Canada. One of the biggest competitors to the sustainable toilet paper market is the growing market for bidets. But toilet paper is also made with water, far more than is used in a bidet. If you live in a drought-stricken area, a sustainable toilet tissue is a better option.
Persons: we've, David VanHimbergen, Kimberly Clark, Andrew Bluestein, they'll Organizations: National Resources Defense, Foods, Bluestein Ventures, Ventures, Great Oaks Venture Capital, Trousdale Ventures, Mandell Ventures, bidets Locations: U.S, Canada, Green, China, Central America
The unraveling of fintech darling Vise
  + stars: | 2023-03-03 | by ( Stephanie Palazzolo | ) www.businessinsider.com   time to read: +28 min
It was April, and more than two dozen salespeople who worked for the fintech startup Vise had been ordered to a multiday off-site at the W Hoboken hotel in New Jersey to share exhaustive reports on their performance. Even salespeople at bigger, established, top-tier investment-management firms typically wouldn't close $250 million in a year, multiple sales employees said. (K-means clustering is an unsupervised machine-learning algorithm often referred to as a form of AI, Vise's founders said). (Vise's founders disputed this, saying the company received updated financial data only once a day for its portfolio-construction engine.) And to address its "leaky funnel" of overestimating prospective sales, Vise was to stop outreach to new clients while it onboards and upsells to existing clients, the document said.
The startup's platform matches surrogate mothers with prospective parents they want to work with. Unlike traditional agencies, Nodal allows surrogate mothers to pick families they want to work with. Nodal is a surrogacy-matching platform that uses tech to connect surrogate mothers with prospective parents. Prospective parents pay $500 per month to join the platform for the first six months. Nodal is launching with 30 surrogates and six times as many prospective parents and hopes to grow its team in time.
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