- CRUNCH NETWORK
New law changes the liquidity game for tech company founders, workers and investors
Late last year, Congress passed legislation that substantially improved the legal landscape for startups, early-stage companies and the stakeholders in the ecosystem. You might have read about, for example, Congress making permanent the 100 percent tax exclusion for sales of qualified small business stock held for more than five years (up to $10 million). This is great news for company… Read More Fred Wilson to rep New York at Disrupt NY in May
Fred Wilson is a name that needs no introduction, but we’re going to do it anyway. TechCrunch is excited to announce that Fred Wilson will be speaking at TechCrunch Disrupt New York, which goes down May 9 through May 11, in a fireside chat. Read MoreCola launches its app for smarter, more interactive text messages
Do you sometimes get the feeling that you’re having a looooooong text conversation to accomplish some fairly simple planning? I’ve certainly had tedious back-and-forths where I’m trying to figure out when to meet with someone, and then where, and so on. That’s the problem that a startup called Cola is looking to solve. I first wrote about the company in November, when… Read MoreZuckerberg Education Ventures backs learning assistant camera app Volley
“This is so fast it feels like cheating” students tell Volley. The education startup’s app lets students point their phone’s camera at a textbook page or piece of homework, and instantly see resources about key facts and tricky parts, prerequisites, and links to snippets of online classes or study guides that could help. But rather than manually cobble this info… Read MoreUp All Night gets you into concerts and exclusive events for $25 a month
Up All Night, a startup aiming to give your nightlife a boost, is announcing that it has raised $500,000 in seed funding. More exciting than the amount of the funding is who’s involved: Grammy-nominated musician Kaskade, Nihal Mehta of ENIAC Ventures, former Square CTO Bob Lee and Vijay Chattha, founder of marketing agency VSC. The founding team should know events and music pretty… Read MoreConfide confidential messenger gets $1.6 million, launches premium message retraction
Confide, the messaging platform that keeps everything confidential, has today announced the close of a $1.6 million extension to their seed round, bringing total funding to $3.6 million. Investors include existing investors such as WGI Group, First Round Capital, SV Angel, CrunchFund, Marker, Howard Lerman and others. Confide works by letting users send messages to each other that can only be… Read MorePixar-esque Penrose Studios raises $8.5M, VR’s biggest seed round
When a new medium arises, so too do new brands hoping to stake a claim on the frontier. Penrose Studios wants to be the Pixar of VR, telling heartfelt stories in immersive worlds. And now it has the money to hire the best talent and develop its own in-VR creation tools. Today Penrose Studios announced it’s raised an $8.5 million seed round led by Accelerate-IT Ventures, and joined… Read More
- CRUNCH NETWORK
Let’s actually make America great again
As the Internet and global commerce speed the flow of information, and as products and services for American consumers can be built in and delivered from just about any country in the world, there are fewer and fewer incentives for companies to locate their businesses here. But there is one competitive advantage we have that is driving global businesses to locate and create jobs here in… Read More Stowaway Cosmetic’s Chelsa Crowley on her “right size” makeup empire
Stowaway Cosmetics is a startup taking on the $60 billion makeup industry by selling pint-sized lipsticks, blushes and foundations direct to consumers. Chelsa Crowley and her co-founder Julie Fredrickson started the company after realizing they never used up all their makeup before it expired. Crowley had an extensive background in the cosmetics industry working for Mac and Bobbi Brown and… Read MoreSXSW goes apeshit for on-demand startups
It’s a tough world out there for on-demand startups — confusion around the W2 vs. 1099 conversation, tough margins, and customer service are but a few of the initial obstacles for these companies. Add in the necessity of huge amounts of up-front capital and it’s an uphill battle at best. But trust me, the on-demand economy will survive and eventually prevail, and 2016 might… Read MoreFresco News teams with FOX to bring citizen journalism to local newsrooms around the U.S.
Crowdsourced journalism startup Fresco News has just scored a notable partnership which will bring photo and video footage shot by ordinary citizens to several local Fox newsrooms around the U.S. Using the company’s iPhone app, participating Fox-owned stations will be able to send out assignments to the app’s users, who will then submit content to be used on-air. Users will… Read MoreMade-to-measure menswear maker Indochino raises $30M as it eyes the wedding market
Indochino is following up on the recent appointment of a new CEO with a big new round of funding. The company, which allows you to purchase made-to-measure menswear on its website and in physical showrooms, is announcing a $30 million strategic investment from China-based clothing manufacturer Dayang Group. After he became Indochino’s CEO at the end of last year, Drew Green said the… Read MoreSeeDoc launches in India to provide affordable primary healthcare by video
Finding affordable primary medical care can be a headache for people in India. SeeDoc is one of the newest companies using technology to solve that problem. Based in New Delhi, its mobile app connects pre-screened doctors and patients through video calls. Since launching in November, SeeDoc has been downloaded 300,000 times and handled more than 15,000 video consultations. Read More- CRUNCH NETWORK
New rules for hiring executive candidates
When Polyvore CEO Jess Lee was looking for a CFO, she found everything she wanted in Cheryl Dalrymple: incredible experience, shared values about how to run a company and immediate personal rapport. Yet, despite both women recognizing they could form a strong team, when Lee offered her the position, Dalrymple decided it was too early in her search and turned down Lee. Read More Spot launches to help users share recommendations on local gems and travel tips
Spot, a startup that says it can help you find “the best places in the world,” is launching to the public. The company emerged from “startup studio” Expa. It’s also announcing today that it has raised $2 million in seed funding from Expa, SV Angel, Ram Shriram, Tim Ferriss, Fenwick & West and others. When I spoke to general manager Luke Groesbeck last summer… Read MoreGigwell rescues concert bookers from PDF hell
It’s dumbfounding how an industry as huge as live music still relies on a patchwork of backwards, outdated technologies. Word document offer letters, PDF riders, endless back-and-forth emails, spreadsheets, physical checks. Fax! It makes the whole process a headache that takes forever when organizers could be focusing on making the experience better for attendees and making performers… Read MoreMeet the 25 startups that pitched at Entrepreneur First’s latest Demo Day
By all accounts, the London startup scene was abuzz with Entrepreneur First‘s latest Demo Day today, as 25 startups — up from 9! — took to the stage to pitch their wares. The so-called ‘talent first’ investor targets the best technical graduates in Europe and beyond to put them through a 6 month program where they form teams and in turn found startups. Read More
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