Startups
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Families Get Screwed Sending Dollars To Mexico. TransferWise Does It 4X Cheaper
Money transfers are a crooked racket. They’re designed to hide just how much cash they steal from immigrant workers sending funds to family back home. Western Union, Moneygram, even PayPal’s Xoom trumpet that they only charge around $5, but quietly pocket people’s money by setting their own unfair exchange rate. TransferWise wants to put an end to all this bullsh*t. Today the… Read More
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Reddit’s Official Android App Is Coming Soon
If you’ve been using third-party apps or the mobile version of Reddit on your Android device, you’ll be happy to know that the company is finally going to offer an official app for the platform. Over on Reddit last week, the team shared the news: Hi everyone! I’m the product manager for native mobile here at Reddit. As many of you know, the team here has been working hard… Read More
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How To Plan For Your Startup’s Gruesome Demise
Having children is one of the happiest moments most people will ever enjoy, but it’s also when you need to first think the most seriously about death. The joyous excitement and freneticism that surround birth is paired with the grim reality of life insurance policies and the act of considering the finite valuation of your remaining days. It’s not fun, but it’s the… Read More
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Slack Is Launching A New Way To Download Third-Party Apps
We’ve heard from sources that Slack, the super-hot collaborative communication startup, is launching a new way to download third-party apps. This would be a big move for the startup, valued at $2.8 billion, that could help bring it out of the realm of being a charming new entry to a potential powerhouse in collaboration software. Initially just a channel for communication among teams,… Read More
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Cinematique Lets Brands Sell Directly Through Video
For years, we’ve heard whispers of shoppable video. Imagine watching your favorite TV show or a music video online and being able to instantly purchase an item that appeals to you, from a shade of lipstick to a particular pair of boots. But it seems the trend is finally coming to fruition. Interlude recently raised $18.2 million from MGM, Warner Music, Samsung, Sequoia Capital,… Read More
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The Erosion Of “Same Round, Same Price”
It seems most founders believe investors asking for “extras” on the side are simply greedy and short-sighted. While it’s easy to criticize investors, I believe this behavior is driven in large part as a response to conditions founders have created in early stage investing. I believe two trends, when taken together, have eroded the “one round, one price” standard. Read More
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Postmates Digs Into Commerce With Curated ‘12 Days Of Postmates’ Campaign
Postmates, the on-demand delivery startup that has dug nationwide trenches in the food delivery space, has today unveiled the ’12 Days of Postmates’ campaign. The promotion will let users in five cities (New York, Los Angeles, San Francisco, Chicago and Seattle) order specially curated products from more than 30 brands for $1.99. The company promises one-hour delivery on all the… Read More
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How Pikazo Turns Your Photos Into Magic
The latest photo app to grab the world by the eyeballs is called Pikazo. Created by a programmer and an artist, the app “simulates a visual cortex” and takes 10 minutes to change a normal picture into something out of the Tate Modern. Here is how it works. Mezi Is An Intelligent Virtual Assistant That’s Obsessed With Shopping
There is an increasingly large roster of personal assistant apps that use artificial intelligence in an attempt to make users’ lives easier. Mezi is the newest contender and while it has plenty of competition, the service wants to set itself apart with what its founders call a “maniacal” focus on e-commerce, helping users with the most time-consuming shopping errands. Read More
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Flipkart Exits The E-Book Business, Transfers Users To Rakuten Kobo
Flipkart, one of the biggest players in India’s booming e-commerce market, has conceded that there is one part of online retail it can’t win, and stopped selling e-books. Users who have already made purchases can still access their libraries on the Flipkart e-book app or through Kobo, the e-book platform owned by Rakuten. Read More
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