Fundraising for a startup is a notoriously stressful process. Much ink has been spilled dissecting every aspect of what works when pitching a venture capitalist, and there are countless “tips” out there that promise to help close deals. But for all the attention paid to VCs, little has been paid to limited partners — the money behind the money that makes the venture world… Read More
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Accusations that Spotify has been punishing artists for signing exclusives with other streaming services hit the internet in full force this morning, originating from a Bloomberg article.
Pokémon Go has been downloaded more than 100 million times since its July debut, making it the biggest-growing mobile game ever. Naturally, the phenomenon has drawn much commentary about what this means for marketing, but I am more interested in what it teaches us about making money.
IT is shifting from the SaaS workflow applications that characterized the cloud computing era to those that help customers make decisions: the intelligence era. The source of competitive advantage is shifting from code to unique data + self-learning code. This brings a change in the expectations of investors. Here we review the requirements of enterprise software investors in the intelligence era.
Launching with a marketplace for landscaping, snow plowing and other home care and repair services, Plowz & Mowz has raised $1.5 million from the Los Angeles-based startup studio Science and undisclosed angel investors. On the heels of the firm’s successful exit from Dollar Shave Club, Science has turned to the marketplace industry for its next investment. The idea for the…
The U.S. Citizenship and Immigration Services, an office under the Department of Homeland Security, put forward a proposal today that would allow the U.S. Government to offer parole (temporary permission to be in the country) to foreign entrepreneurs starting their businesses in the United States. The proposal specifies that a founder can qualify if they started a company in the U.S. in…
Google today is stepping up its battle with Venmo, Square Cash and other person-to-person payment applications with an update to its Google Wallet mobile app, which now allows for automatic transfers to your bank account. That is, transfers will no longer require you to cash out money from your Wallet balance first. This will speed up the time it takes for Wallet users to gain access to…
Domino’s Pizza Enterprises has demonstrated delivery of hot pizzas by drone in Auckland, New Zealand.
A personalized video channel for Apple TV, Rheo, has now closed on $2.3 million in seed funding, the company announced this week. It has also updated its application and expanded its content lineup, thanks to a new deal with Vimeo which brings the network’s catalog of short videos, including its “Staff Picks,” short films, animations, music and more, to Rheo’s service.…
Mobile ad startup AppLovin is in talks with a Chinese buyer for an acquisition of around $1.5 billion, according to multiple sources with knowledge of the company. We have not confirmed the identity of the acquirer. The deal is not yet finalized and details may change. Founded in 2012 by CEO Adam Foroughi along with Andrew Karam and John Kyrstynak, San Francisco-headquartered AppLovin operates…