- CRUNCH NETWORK
How I Created A $350 Million Software Company Knowing Nothing About Software
I’ve always wanted to make a lot of money, have people pay a lot of attention to me and do a lot of exciting things. I just never knew how. Many of my friends who are founders of their own companies tell me how they exhibited the entrepreneurial spirit as a kid — they sold candy out of their backpacks, had a landscaping business during the summer, etc. They created value and… Read More - CRUNCH NETWORK
Investing In Artificial Intelligence
Artificial intelligence is one of the most exciting and transformative opportunities of our time. From my vantage point as a venture investor at Playfair Capital, where I focus on investing and building community around AI, I see this as a great time for investors to help build companies in this space. Read More Alibaba To Invest $1.25B In Restaurant Delivery Service Ele.me, Says Report
Alibaba will reportedly invest $1.25 billion in Ele.me, a food delivery service based in Shanghai, says financial news site Caixin (link via Google Translate). The deal would Alibaba the startup’s biggest shareholder, with a 27.7 percent stake. Read MoreBessemer Venture Partners’ Ethan Kurzweil Talks Video In 2016
2015 was a big year for video — especially when it came to user-generated video. Now there are services like Periscope and Meerkat, which are enabling users to broadcast the world around them live. We also saw YouTube launch a subscription model. And, according to Bessemer Venture Partners’ Ethan Kurzweil — who led the firm’s investment in Twitch — we’re… Read More13 Asian Startups To Watch In 2016
2015 was an eventful year for the tech industry in Asia. Funding started to flow in India, which is expected to become the world’s second-largest Internet market soon, while many tech companies in China, South Korea, and Southeast Asia also hit key milestones. The following is just a small sample of startups that will do impressive things next year in industries ranging from finance… Read More- CRUNCH NETWORK
#MisguidedPR: The Industry’s Internal Crisis
A U.S. Department of Labor report last year stated there were approximately 57,000 PR managers and 208,000 PR specialists in America; conversely, there were only 46,500 journalists. Do the math.That means there are roughly 5.7 PR professionals for every one journalist. That’s like the equivalent to having six crying babies with only one babysitter. Read More Video Ad Startup Innovid Raises $27.5M
Less than a year after its last round, Innovid is announcing that it has raised $27.5 million in new funding. The New York City-headquartered company works with more than 220 advertisers, including Best Buy, Procter & Gamble and Walmart, to create, target and measure their video campaigns. Co-founder and CEO Zvika Netter has said that what really sets Innovid apart is “a… Read More- CRUNCH NETWORK
The Midwest Startup Formula Will Change The Status Quo For Building Businesses
As Silicon Valley startups continue chasing private valuations, entrepreneurs in the Midwest are following an entirely different approach. Our goal is the same — to build world-class businesses based on innovative technologies that create new wealth — but our approach is entirely different. We are proving that startup success comes from validating a real market need, then building… Read More - CRUNCH NETWORK
If You’re Launching A Tech Startup In 2016, Focus On Privacy And Fast Data
Enterprises over the last decade have devoted large portions of their IT budgets to collecting, securing and analyzing huge volumes of big data. Or at least trying to. But heading into 2016, the increasing complexity of networks, and the sheer number of connected devices that are constantly streaming data over those networks, will create a paradigm shift in how enterprises secure and… Read More
After 500,000 Apps Built, Bizness Apps Launches Apex, A New White-Label App Builder
Founded in 2010 as a DIY app and website development platform, Bizness Apps has quietly turned its attention to resellers and digital agencies, becoming one of the largest providers of white-label app development software on the market. In fact, over 500,000 total mobile apps have now been created using the company’s software, and they account for five percent of all apps in the… Read MoreLayoffs Hit Dinner Lab As Company Shifts To Contract Model For Event Staffers
Dinner Lab is laying off around 30 employees from their full-time positions as it shifts to a contract-based model for its events staff, the company confirmed to TechCrunch. Most of those layoffs consisted of on-the-ground events execution staff. The crux of the issue was that these events staffers were being paid as full-time employees, which CEO Brian Bordainick said was not that sustainable… Read More- CRUNCH NETWORK
A Startup’s Guide To International Expansion
Startups can now reach international markets almost immediately at launch. Product/market fit is geographically, industry and company-size agnostic — SaaS makes your product adoption almost instantaneous. Although this early global traction can happen organically at the beginning, the reality is that startups must be strategic about systematically scaling from a local region to any number… Read More The Happy Home Company Raises $3.5M To Make Home Maintenance Easier
The Happy Home Company is aiming to eliminate the headaches of home maintenance and improvement, and it’s raised $3.5 million in seed funding. The company has been relatively quiet, at least in terms of talking to the media, since I wrote about it a year ago. CEO Doug Ludlow told me today that this was intentional — he wanted to work out the kinks in the model before making a… Read More- CRUNCH NETWORK
When All You Want for Christmas Is A Good Venture Capitalist
In the words of Pitbull, “Ask for money, get advice. Ask for advice, get money twice.” When you’re shopping for a VC, you might want to take Pitbull at least a little seriously, because he seems to know what he’s talking about. If you think VCs are just a source of money, you’re sorely mistaken. Most startup founders fail to recognize that the best venture… Read More Gojimo, The U.K. Exam Preparation App, Picks Up Further $1.8M Backing
Gojimo, an app that helps U.K. high school students prepare for exams, has picked up a further $1.8 million in funding, bringing total raised by the 2013-founded startup to just over $3 million. Read MoreFlytenow Shuts Down After Court Rules Against Flightsharing Startups
Airplane ridesharing startup Flytenow today announced that it is shutting down after a court recently upheld the FAA’s power to regulate what does (and does not) constitute a commercial aviation operation. Flytenow wanted to bring together private pilots and those who wanted to fly with them. From the get-go, though, Flytenow and similar startups like Airpooler were going to run into… Read MoreOTOY Looks To Give Developers The Tools To Build Lifelike Real-Time 3D Environments
Around ten years ago, Jules Urbach was sitting at the table at his mom’s house, coding away, when there was a knock at the door. His mom answered, but the visitor was for him. Directors J.J. Abrams and David Fincher had some questions about a rendering technology Urbach was working on, which had the potential to make movie scenes look much more realistic with shorter load… Read MoreHomeTouch Picks Up Backing From Passion Capital To Disrupt The Notoriously Poor Agency Care Model
One year old HomeTouch, which has just picked up additional undisclosed funding from Passion Capital, operates a home care marketplace to let families with elderly parents and others needing “care” to find a vetted carer local to them. Read More- CRUNCH NETWORK
The Startup, The Burnout
Burnout is as real as it gets. Burnout is a period of life when your thinking has become relentlessly intrusive, and quieting such thinking only makes it worse, similar to that of anxiety, depression and chronic stress. Burnout happens when the separation between your thinking and work has evaporated and your reasoning leads you to the path of trying to work your way to a solution, only… Read More Stratos Sells To Ciright One To Avoid Collapse
Stratos isn’t dead yet. The Michigan-based startup just signed an agreement with Ciright One LLC to take over the fledgling company. Under their agreement, Ciright One will manage and fulfill all outstanding consumer and commercial and Thiago Olson, Stratos co-founder, ensures me that Stratos Cards will continue to function as normal. There is a plan to reinstate customer support in… Read More
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