Given the rise in online shopping attributed to the coronavirus outbreak which has forced consumers to stay home from stores, Pinterest today is launching a new way to shop on its platform. Now, Pinterest users will be able to browse in-stock inventory from newly added “Shop” tabs on Search and on Pinterest boards. The company […]

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After raising $8 million in November to roll up top Amazon marketplace companies, the new New York-based startup Perch has begun putting that money to work in its first few deals. The brainchild of Chris Bell, formerly Wayfair’s head of logistics and a Bain & Co. analyst, Perch is pretty well-positioned to serve as unifier […]

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Securitization is a critical function of the modern financial system. Banks “package” individual loans, say a mortgage or an auto loan, into a group with similar characteristics and sell them to other investors. That gets the debt off the originator’s balance sheet so that they can offer more loans, while also offering private investors alternative […]

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CircleCI, an early adherent to the notion of continuous delivery when it launched in 2011, announced a $100 million Series E investment today. It comes on top of a $56 million round last July. The round was led by IVP and Sapphire Ventures. Under the terms of the deal, Cack Wilhelm will be joining the CircleCI […]

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Quibi, the oddly-named mobile streaming service founded by Jeffrey Katzenberg, was downloaded over 300,000 times on launch day, according to preliminary data from app store intelligence firm Sensor Tower. That’s only 7.5% of the approximately 4 million installs Disney+ saw when it launched in the U.S. and Canada on November 12, 2019. However, it was […]

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Spot & Tango, the D2C pet food brand, has today announced the launch of a new line of pet food called UnKibble. Alongside the announcement of the launch, the company has also closed on a $4.2 million seed funding round led by Guild Capital. Spot & Tango launched 2018 with a line of fresh, wet […]

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Shipt shoppers, which began organizing in February, are staging their first action today. Yesterday, a group of Shipt shoppers, who shop and deliver orders from Target and other stores, announced their plans to walk off today. The walk-off is in protest of the way Shipt has treated its shoppers amid the COVID-19 pandemic, Vice first […]

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Last year, The Information reported that CNN was working on a new digital news service to compete with the likes of Apple and Facebook. Today, some of those plans are taking shape. The Turner-owned news broadcaster has acquired Canopy, an all-purpose content personalisation that uses human curation, on-device machine learning and differential privacy to help […]

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The decade-old New Media Ventures investment fund, which backs startup businesses and non-profits developing technologies to improve access to government, said it is raising a “Crisis Innovation Fund” aiming to provide matching grants for startups advancing democracy and centering marginalized communities. The fund will offer grants and investments of between $25,000 and $250,000 to entrepreneurs […]

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WorkClout, a graduate of the Y Combinator Winter 2019 cohort, announced today that it has shifted its focus from manufacturing automation to manufacturing performance support and has raised a $2.3 million seed round. The funding was led by Spider Capital with participation from Y Combinator, Liquid 2, Soma Capital, Pioneer Fund, Mehta Ventures and several […]

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Let's talk about how Q2 is going to impact startups and how young companies might respond.

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Autonomous electric transportation startup Einride has taken a key step in its mission to deploy autonomous cargo pods on roads for commercial operations. The Swedish startup demonstrated its technology in use with one person remotely operating two pods at once, which is a fundamental part of their vision of multiple pods ultimately being overseen by […]

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After a sharp Monday rally seemingly built on optimism that the impact of the global pandemic may have reached its zenith in Europe — and indeed that the United States might see a lower infection and mortality peak than some anticipated — shares once again rose this morning. Here’s how the day looks a few […]

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Just days after SoftBank announced that it would not consummate its $3 billion tender offer for WeWork shares that would have bought out some of the equity held by the company’s co-founder Adam Neumann along with venture capital firms like Benchmark and many individual company employees, the company is now retaliating, suing SoftBank over alleged […]

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If your business model still looks like your original assumptions a month ago, you’ve been living under a rock. Every part of your business model — not just product and customer — will change now.

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