In many ways, there has never been a better time to be a venture capitalist. Nearly everyone in the industry is raking in money, either through long-awaited exits or because more capital flooding into the industry has meant more money in management fees — and sometimes both. Still, a growing number of early-stage investors are […]
Firefly launches its first rocket, but loses the launch craft in mid-flight explosion
Firefly launched its first rocket from Vandenberg Space Force Base in California, and on board it carried a number of payloads with an intended destination of low Earth orbit. The rocket took off as planned, and seemed to be doing fairly well during the initial portion of the launch, before experiencing “an anomaly” that clearly […]
DoorDash workers protest outside CEO Tony Xu’s home demanding better pay, tip transparency and PPE
California DoorDash workers protested outside of the home of DoorDash CEO Tony Xu on Thursday, prompted by a recent California Superior Court Judge ruling calling 2020’s Proposition 22 unconstitutional. Prop 22, which was passed last November in California, would allow app-based companies like DoorDash, Uber and Lyft to continue classifying workers as independent contractors rather […]
Bangkok-based insurtech Sunday banks $45M Series B from investors like Tencent
Sunday, an insurtech startup based in Bangkok, announced it has raised a $45 million Series B. Investors include Tencent, SCB 10X, Vertex Growth, Vertex Ventures Southeast Asia & India, Quona Capital, Aflac Ventures and Z Venture Capital. The company says the round was oversubscribed, and that it doubled its revenue growth in 2020. Founded in […]
BMW Group’s Neue Klasse lineup to focus on circular economy to achieve reduction in CO2 emissions
The BMW Group announced Thursday its intentions to commit to a 50% reduction from 2019 levels in global carbon dioxide emissions during the use-phase of its vehicles by 2030, as well as a 40% reduction in emissions during the life cycle of the vehicle. These goals, including a plan to focus on the principles of […]
Startups should look to state-of-the-art tech to tackle diseases affecting women
Using state-of-the-art technologies on complex women’s diseases will allow the field to advance much faster and can put drug candidates into clinics in a few short years.
Online learning platform CLASS101 bags $26M Series B to support growth
Everything is switching from offline to online mode, spurred by the pandemic, and that also has turned around things for the creative economy. Creative professionals continue to look for ways to monetize their talents and knowledge through online education platforms like CLASS101 that bring stable incomes and improve opportunities. CLASS101, a Seoul-based online education platform, […]
Daily Crunch: 8 Indian banks launch Account Aggregator to centralize consumers’ financial data
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Use cohort analysis to drive smarter startup growth
Cohort analysis is a way of evaluating your business that involves grouping customers into “cohorts” and observing how they behave over time.
Locast suspends local TV streaming service in wake of court ruling
Local TV streaming service Locast has closed up shop, following a ruling on Tuesday that it couldn’t use its non-profit status as a legal shield. Networks claimed Locast violated their copyright.