In a tight labor market, so-called vertical labor marketplaces that zoom in on one industry, like nursing or hospitality, are drawing funding. Trusted Health, a healthcare staffing platform, raised $149 million in funding in November, for example. Seasoned, a hiring platform for restaurant workers, closed on nearly $19 million at roughly the same time. Investors […]
Daily Crunch: Banking app Current amps up its savings rate to 4.00% APY
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Second Life’s creator is returning to advise the original metaverse company
The creator of one of the earliest and most enduringly iconic virtual worlds is returning to his roots. Second Life’s founder Philip Rosedale will rejoin the company he founded in 1999 as a strategic advisor after High Fidelity, the spatial audio company Rosedale co-founded in 2013, invested in Second Life’s developer Linden Lab. The deal […]
5 essential factors for attracting angel investment
From my point of view as an angel investor and former entrepreneur, here are five essential factors I look for when considering my next investment.
Google’s loss to Sonos settles it: Big Tech has an IP piracy problem
Simply put, Big Tech benefits from stealing IP. The legal costs and potential damages, if ever issued after years of litigation, are paltry by comparison.
Dear VCs: If you want startup prices to come down, stop paying higher prices
That the venture capital market is incredibly exuberant at the moment is not news. Data from 2021 paints the picture of a startup fundraising game at peak velocity, with more capital, unicorns and nine-figure deals than ever. And let me tell you, some venture capitalists are tired of it. PitchBook has a post up detailing […]
Here’s why CNET co-founder Halsey Minor is bullish on NFTs
Halsey Minor has lived many lives. One of the founders of CNET, Minor entered tech media at a time when the closest thing most of us had to the web was a spider spinning cobwebs on an old NES. Born in Charlottesville, Virginia, Minor worked for Merrill Lynch during the rise of the internet in […]
The year of living autonomously
Even in the era of the virtual event, it tends to take me a few days to recover from the whirlwind of CES. Frontloading the year’s big hardware news is a bit less than ideal, but perhaps the changing nature of the big tech event will bring adjustments to the news cycle, as well. For […]
Meet the 13 startups in IndieBio’s SF cohort, and discover what about each swayed investors
It’s been a big two years for biotech investors. But if you ask Po Bronson, a partner at SOSV’s IndieBio, this trend was probably a long time coming. “Often, the implication is that everything must be overpriced,” he tells TechCrunch. “But I think more of it is that some major theses in the markets are […]
Yahaha Studios, a platform for building no-code, immersive games, raised $50M in 3 rounds ahead of its launch this year
The success of Roblox and other user-created gaming experiences like Overwolf have democratized the concept of making games and have taken it into the mainstream. Now, a startup founded by veterans from Unity, Microsoft and EA that is building a new platform for creators to build immersive games, and related communities around like-minded people, is […]