After burning through $1 billion, Jawbones Hosain Rahman has raised $65 million more

May 16, 2019

Not everyone gets a second chance in Silicon Valley. Entrepreneur Hosain Rahman has been given many more than that. Though his last company, Jawbone, which produced wireless speakers and Bluetooth earpieces, went kaput in 2017 after burning up $1 billion in venture funding over the course of 10 years, Rahman has managed to raise $65.4 million for his new company. So shows a new SEC filing that, coincidentally or otherwise,…

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Fitness trackers are useless, even for a former pro athlete

August 5, 2017

I still don't have much help with my workouts here.Image: bob al-greene/mashable Fitness wearables are useless for me, and that’s a bad sign for companies who hope to make a real connection with people who exercise regularly. I’m not just some schlub writer trying to break away from my work desk that doesn’t know a barbell from a dumbbell, after all. I’m a former professional athlete who played a season…

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Report: Jawbone is going out of business

July 7, 2017

Jawbone's UP fitness tracker.Image: mashable The company behind what was once one of the most hyped fitness trackers may soon be no more. Jawbone, makers of the Up fitness tracker, is going out of business, according to a new report in The Information. The company, which at its peak was valued at as much as $3 billion, is reportedly now in the midst of liquidation proceedings. SEE ALSO: The wearable…

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Jawbone is being liquidated as its CEO launches a related health startup

July 7, 2017

The slow and painful demise of Jawbone is finally coming to an end, as yet another effort to rejuvenate the business is beginning under a familiar name. After a multi-year struggle to maintain relevance in the consumer wearable market, Jawbone is now liquidating and thanks to an injection of capital from a new, unnamed investor, some of the driving forces behind the original company are forming a new business called…

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