The last 5-10 years have been an extraordinary time for early stage tech founders to raise money. But easy access to capital has ingrained some bad habits among founders. There has always been the risk of over-funding your company or not being able to find a funder for your next round, but now it’s far more common to see founders blithely accepting deal terms that could kill their… Read More
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As is clear from the front pages of newspapers recently, we are living in a world where open democratic values are under attack. Paris, Bamako, San Bernardino, Jakarta and Ouagadougou have all been targeted by terrorists. At the same time, we are in the midst of a technological revolution that is reshaping our society. The Internet of Things is driving a whole new way for businesses to… Read More
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I’m taking a last look around the room. It’s five in the morning and the black car is idling outside. The driver has already called me and I quietly whispered that I was coming down. My wife, my long-limbed and tangled in sheets, is asleep. In the small light on my bedside table I see her settle into the warm place where I just was and I wish I could lie back down to sleep.… Read More
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Wherever you turn, businesses are facing tremendous disruptive pressure. What’s interesting is that the theory about how firms should be dealing with this massive change is itself in flux, transforming if you will, as organizations come to grips with the idea that the most basic ways they do business are being called into question. Just over a year ago when I researched this topic,… Read More
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Onfleet, the company that provides infrastructure for on-demand delivery, recently powered its one millionth delivery. More than half of those deliveries occurred within the last four months, Onfleet CEO Kahled Naim told TechCrunch. Onfleet powers deliveries and logistics for companies like HelloFresh, Meadow, Doughbies, Lugg and others. To be clear, Onfleet does not provide the drivers… Read More
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The 9th Annual Crunchies are almost upon us. On February 8, luminaries from some of the best and brightest startups around will descend upon San Francisco’s War Memorial Opera House to take part in an event that’s best described as the Oscars of startups and technology. And now it’s time to take a look at the Founder of the Year nominees. Read More
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Doorman can be a useful service for people who hate missing deliveries. Now it can help you get those products in the mail again, too. Rather than coming home from work to find a “missed delivery” slip, Doorman customers can set a delivery time between 6pm and midnight that’s convenient for them (packages get delivered to Doorman first, and then to the consumer). The… Read More
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Possession wins trophies or, in this case, ad dollars. That’s why Snapchat stepped up its game late last year by quietly partnering with Stats.com. Now TechCrunch has learned that Snapchat has rolled new Live Score geofilters at every NBA arena and some other matches. They let anyone attending overlay real-time updated score graphics atop their photos and videos. Just last week, Live… Read More
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IBM is taking another step to expand its Watson AI business and build its presence in areas like IoT: today the company announced that its acquisition of the Weather Company — the giant weather media and data group — has now officially closed. IBM is not disclosing the value of the deal: it was originally reported to be in the region of $2 billion, but sources close to IBM tell us… Read More
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2015 was not a good year for IPOs — it was actually the worst year for tech IPOs since the financial crisis in 2009. More and more startups are opting to remain private for longer periods of time. And while we still haven’t seen any IPOs in 2016, the slowest start since 2009, eventually venture-backed companies need to go public — if only to raise additional financing to… Read More
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