
TechCrunch Startup News
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Why your startup may not be as great as everyone says
Gil Ben-Artzy Contributor Gil Ben-Artzy is a founding partner at UpWest Labs. One of the very first things we ask Israeli entrepreneurs who are hoping to break into the U.S. market is to tell us how their product or service is being received by their target market. What is the feedback? Are potential customers hungry for what the team is selling? Validation, both of the broader vision and the early product itself, has to be a key focus for any aspiring entrepreneur. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Donde Search picks up $6 million to help fashion retailers with visual search
Donde Search has just closed a $6 million Series A investment led by Matrix Partners, with participation from previous investors such as senior leaders from AliExpress, Google and Waze. Donde first launched in 2014 as a consumer-facing app that helped users search and discover apparel items based on visual characteristics rather than text-based searches. In early 2018, the company pivoted to the enterprise space, helping retailers power suggestions and related items on their websites. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tim Cook-backed shower startup Nebia shows off a warmer, water-saving shower head
I’m not in the habit of getting naked during meetings at startup offices, but this time it felt appropriate. Nebia, a shower startup that has attracted investments from the likes of Apple CEO Tim Cook and former Google chairman Eric Schmidt’s foundationis back with some new cash (though it won’t divulge how much) and a new generation of its thoughtfully designed shower heads that aim to dramatically reduce the amount of water people use while cleaning up. Learn more about your ad choices. Visit podcastchoices.com/adchoices

DoorDash subsidizes driver wages with tips
It’s true that DoorDash offsets the amount it pays its drivers with customer tip, according to an FAQ page on its own site. “For each delivery, you will always receive at least $1 from DoorDash plus 100% of the customer tip,” DoorDash states on a Dasher FAQ page.“Where that sum is less than the guaranteed amount, DoorDash will provide a pay boost to make sure you receive the guaranteed amount. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Glide helps you build mobile apps from a spreadsheet without coding
The founders of Glide, a member of the Y Combinator Winter 2019 class, had a notion that building mobile apps in the enterprise was too hard. They decided to simplify the process by starting with a spreadsheet, and automatically turning the contents into a slick mobile app. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Startups Weekly: Spotify gets acquisitive and Instacart screws up
Did anyone else listen to season one of StartUp, Alex Blumberg’s OG Gimlet podcast? I did, and I felt like a proud mom this week reading stories of the major, first-of-its-kindSpotify acquisition of his podcast production company, Gimlet. Spotify also bought Anchor, a podcast monetization platform, signaling a new era for the podcasting industry. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Startup names may have passed peak weirdness
Joanna Glasner Contributor More posts by this contributor Where seed and early-stage funding is growing, contracting or holding steady Hire faster, work happier: Startups target employment with AI and engagement tools For years, decades even, startup names have been getting weirder. This isn’t a scientific verdict, but it is how things have seemed to someone who spends a lot of hours perusing this stuff. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Facebook picks up retail computer vision outfit GrokStyle
If you’ve ever seen a lamp or chair that you liked and wished you could just take a picture and find it online, well, GrokStyle let you do that — and now the company has been snatched up by Facebook to augment its own growing computer vision department. GrokStyle started as a paper — as AI companies often do these days — at 2015’s SIGGRAPH. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Airbnb hires a global head of transportation
Airbnb made it easier for travelers to find a place to crash. Now it wants to make it easier for them to get around. The $31 billion home-sharing giant has hired Fred Reid as its first-ever global head of transportation. Reid served as the founding chief executiveofficer of Virgin America from 2004 to 2007 after a three-year stint as the president of Delta Airlines. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Gametime lets you buy tickets for games and concerts that have already started
Ticketing app Gametime is taking its last-minute approach about as far as it can go, with the launch of a new feature called LastCall. This allows users to purchase tickets through Gametime until 90 minutes after an event has started. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Thriva expands its range of test-at-home kits to add female hormone and cortisol stress tests
UK home health analysis kit startup Thriva is adding three more products to its range later this month: A saliva-based cortisol stress test and two female hormone kits. The Seedcamp-backedUK startup has been offering blood-prick-based health monitoring kits since 2016, and says it’s had more than 50,000 customers sign up to stab their own finger with its spring-loaded plastic lancet and massage a drop of blood into a tube to post away for lab-based analysis. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Self-driving truck startup Ike raises $52 million
Ike, the autonomous trucking startup founded by veterans of Apple, Google and Uber Advanced Technologies Group’s self-driving truck program, has raised $52 million in a Series A funding round led by Bain Capital Ventures. Redpoint Ventures, Fontinalis Partners, Basis Set Ventures and Neo also participated in the round.Bain Capital Ventures partner Ajay Agarwal has joined Ike’s board. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bird CEO on scooter startup copycats, unit economics, safety and seasonality
Bird’s electric scooters were on full display at the Upfront Summit in Malibu last week, a two-day event that brings togetherthe likes of Hollywood, Silicon Valley and Washington, DC’s elite. Not only were a dozen or so brand spanking new scooters available to ride throughout the event but Upfront general partner Mark Suster, an investor in the startup, was seen riding a Bird on stage to the tune of Chamillionaire’s ‘Ridin’ Dirty. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bots are cheap and effective. One startup trolls them into going away
Bots are ruining the internet. When they’re not pummeling a website with usernames and passwords from a long list of stolen credentials, they’re scraping the price of hotels or train tickets and odds from betting sites to get the best data. Or, they’re just trying to knock a website offline for hours at a time. There’s an entire underground economy where bots are the primary tools used in automating fraudulent purchases, scraping content and launching cyberattacks. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Aurora Solar’s computer-generated installation maps pull in a $20M Series A
Solar installations are becoming a no-brainer for anyone with a roof in much of the country. But getting an estimate on how much it would cost and how much juice it would generate can be complicated and time consuming. Aurora Solar has made an automated process for doing this, and attracted $20 million in funding as a result. A big part of the uncertainty anyone has about getting solar installed is the upfront cost and return on investment. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Austin in January: Cash rich and maturing
Mary Ann Azevedo Contributor Share on Twitter Mary Ann Azevedo covers startups and tech at Crunchbase News. 2019 has been good to the Austin startup scene so far. Combined, Austin startups have raised $240.3 million in January. That’s not much less than the nearly $300 million raised inall of Q4 2018. And since the beginning of the year, the Texas capital has seen a number of double-digit funding rounds and a nearly quarter of a billion dollaracquisition. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Timescale announces $15M investment and new enterprise version of TimescaleDB
It’s a big day for Timescale, makers of the open source time series database, TimescaleDB. The company announced a $15 million investment and a new enterprise version of the product. The investment is technically an extension of the $12.4 million Series A it raised last January, which it’s referring to as A1. Today’s round is led by Icon Ventures with existing investors Benchmark, NEA and Two Sigma Ventures also participating. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Joseph Gordon-Levitt’s artist-collaboration platform HitRecord raises $6.4M
In the early 2000s, actor Joseph Gordon-Levitt was frustrated with the roles he was being offered. Instead of starring in critically acclaimed indies, he was typecast as “the funny kid on TV” due to roles like Tommy from “3rd Rock from the Sun.” So like anyone who matured alongside the internet, he created a website where he could ideate, produce and share his work. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Step targets teens and parents with a no-fees mobile bank account and Visa card
A new mobile banking startup called Step wants to help bring teenagers and other young adults into the cashless era. Today, cash is used less often, as more consumers shop online and send money to one another through payment apps like Venmo. But teenagers in particular are still heavily burdened with cash — even though they, too, want to spend their money on things that require a payment card, like Amazon.com purchases or mobile gaming, for example. That’s where Step comes in. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cosmic JS wants to simplify web development, so you can focus on content
If you are a web developer, you know how complex many of the traditional web content management systems have been. One of the big problems has been managing the underlying infrastructure for the system. Cosmic JS, a member of the Winter 2019 Y Combinator class, wants to simplify that by taking care of the infrastructure part for you, while providing a flexible front end for content creators. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Amex blocks Curve as the fintech startup vows to fight “anti-competitive” decision
Well, that was short-lived: Just 36 hours after Curve, the London fintech that lets you consolidate all of your bank cards into a single Curve card, re-instated support for Amex, the feature has once again been unceremoniously blocked by American Express. This time, however, the context feels very different from 2016 when the startup was barely off the ground, with Curve telling customers in an email this morning that it intends to “fight Amex’s decision with our full might”. Learn more about your ad choices. Visit podcastchoices.com/adchoices

YC-backed Oxygen raises seed to bring digital banking to freelancers
Few things are easy in our financial system if you don’t have regular employment. It’s hard to prove (regular) income, which makes applying for a credit card or personal loan much more difficult and time-consuming. That’s particularly tough, since freelancer income is variable, and these sort of income smoothing tools can be critical to make ends meet. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The new Parsley Health Center in NYC doesn’t feel like a doctor’s office
Parsley Health has just opened up a new, fully redesigned space on Fifth Avenue in New York City, marking the first true Parsley Health Center. Since launch, the startup has been operating out of clinics in New York, San Francisco and Los Angeles. But TechCrunch got the chance to check out Parsley’s new Fifth Ave location, which marks the company’s first space designed from the ground up as Parsley Health. Founded by Dr. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sequoia-backed NEXT gets $97M as investment in logistics heats up
Despite its “unsexy” reputation, the logistics industry is attracting massive investment from venture capitalists. With a fresh $97 million in Series C funding, NEXT joins a fleet of heavily funded logistics platforms, including Flexport, Huochebang and Convoy. The company, which connects shippers and carriers through an online marketplace, raised the capital fromBrookfield Ventures, with participation from Sequoia Capital and logistics solutions provider GLP. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Verizon’s unlimited data carrier Visible starts selling iPhones, announces Android compatibility
When Verizon stealthily launched a new startup called Visible last year, it operated under a bring-your-own-device model — to sign up, you needed to already have an unlocked iPhone, and Visible would send you a new SIM card. Today, however, Visible is announcing that it’s partnering with Affirm and Apple to sell iPhones with 0 percent APR financing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

After an abrupt shutdown, Munchery’s small business vendors are the ones picking up the bill
Munchery’s vendors claim the food delivery startup took advantage of them in its final hours, knowingly allowing them to continue making deliveries it couldn’t pay for. Earlier this week, Munchery surprised customers with an email announcing it wouldcease operations, effective immediately. Learn more about your ad choices. Visit podcastchoices.com/adchoices

How we’re finding the best lawyers for early-stage startups
We’re nearing 1,000 submissions from startup founders and leaders in Silicon Valley and across the world about the best early-stage tech lawyers to work with. As we’ve sorted through survey responses and begun scheduling interviews with the first qualified nominees, we’ve gotten a bunch of questions. We love questions. First of all, why are we creating a living list of great tech startup lawyers?Lawyers don’t create startups, but they can help great startups succeed. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Pill Club raises $51M as VCs find new opportunities in women’s health
Through telemedicine and direct-to-consumer sales platforms, startups are streamlining the historically arduous process of accessing contraception. The latest effort to secure a significant financing round is The Pill Club, an online birth control prescription and delivery service. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Roger Dickey ditches $32M-funded Gigster to start Untitled Labs
Most founders don’t walk away from their startup after raising $32 million and reaching 1000 clients. But Roger Dickey’s heart is in consumer tech, and his company Gigster had pivoted to doing outsourced app development for enterprises instead of scrappy entrepreneurs. So today Dickey announced that he’d left his role as Gigster CEO, with former VMware VP Christopher Keane who’d sold it his startup WaveMaker coming in to lead Gigster in October. Learn more about your ad choices. Visit podcastchoices.com/adchoices

UK startup veteran and investor Wendy Tan White joins Alphabet X as Vice President
Wendy Tan White, a veteran of the U.K. startup scene — including founding SaaS website builder Moonfruit, which exited to Yell Group for $37 million — is joining Alphabet X (formerly Google X), TechCrunch has learned. According to sources, Tan White was approached by Google late last year, as she weighed up a number of other options, including raising a VC fund of her own dedicated to “deep tech”. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Following a record year, Illinois startups kick off 2019 on a strong foot
Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor SoftBank’s Vision Fund inches closer to $100B The top 10 cities for $100M VC rounds in 2018 so far Illinois’s startup market in 2018 was very strong, and it’s not slowing down as we settle into 2019. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Alation announces $50M Series C investment as data catalog biz takes off
Alation, a startup that helps crawl a company’s databases in order to build a data search catalogue, announced a $50 million Series C investment today. The round was led by Sapphire Ventures and Salesforce Ventures. Existing investors Costanoa Ventures, DCVC (Data Collective), Harmony Partners and Icon Venturesalso participated. Today’s investment brings the total raised to $82 million, according to Crunchbase data. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Slack’s product chief is out ahead of direct listing
Slack is losing its chief product officer April Underwood ahead of a direct listing expected in 2019. Tamar Yehoshua, a long-time Google vice president, has been tapped to fill Underwood’s shoes as Slack’s new product chief. Underwood joined Slack, the provider of workplace communication tools, in 2015 as its head of platform after a five-year stint as Twitter’s director of product. She was promoted to the chief product role about 10 months ago. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Squad is the new screensharing chat app everyone will copy
Squad could be the next teen sensation because it makes it easy to do nothing… together. Spending time with friends in the modern age often means just being on your phones next to each other, occasionally showing off something funny you found. Squad lets you do this even while apart, and that way of punctuating video chat might make it the teen girl “third place” like Fortnite is for adolescent boys. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Techstars will build and launch startups with new venture studio
Similar to Y Combinator, early-stage technology startup accelerator Techstars has spent much of the last decade supporting and seeding innovative projects, including Plated, ClassPass, SendGrid and PillPack. Now, it wants to take its service a step further. Today, Techstars is announcing the launch of Techstars Studio, a new venture that will have the accelerator developing and launching venture-scale businesses with the support of several corporate partners. Learn more about your ad choices. Visit podcastchoices.com/adchoices

YC-backed Upsolve is automating bankruptcy for everyone
The popular image of a Chapter 7 bankruptcy might be a large company like Enron failing, or maybe some lazy drifter trying to shirk their financial responsibilities. The reality is anything but those sorts of images. Today in America, the most common reason for bankruptcy is to discharge egregious sums of medical debt [1], which might have been incurred in a short stint in a hospital emergency room. Learn more about your ad choices. Visit podcastchoices.com/adchoices

For $5,800 per year, Chief helps women reach the C-suite
For decades, women in business have lacked the resources necessary to navigate to or sustain executive roles. Finally, venture-funded projects have emerged to fill this gap. The latest is Chief, a private network for New York-based women in senior roles intech, retail, enterprise, finance, media and more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Opendoor competitor Knock raises $400M
Home trade-in platform Knock has brought in a $400 million investment to accelerate a national expansion and double its 100-person headcount. Foundry Group has led the Series B funding round in New York-based Knock, with participation from Company Ventures and existing investors RRE Ventures, Corazon Capital, WTI and FJ Labs .Knock co-founder and chief executive officer Sean Black declined to disclose the startup’s valuation. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Daily Crunch: Bing has a child porn problem
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Microsoft Bing not only shows child pornography, it suggests it A TechCrunch-commissioned report has found damning evidence on Microsoft’s search engine. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Startups Weekly: Will Trump ruin the unicorn IPOs of our dreams?
The government shutdown entered its 21st day on Friday, upping concerns of potentially long-lasting impacts on the U.S. stock market. Private market investors around the country applauded when Uberfinallyfiled documents with the SEC to go public. Others were giddy to hear Lyft, Pinterest, Postmates and Slack (via a direct listing, according to the latest reports) were likely to IPO in 2019, too. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Elon Musk shows off the assembled Starship test rocket
After weeks teasing renderings and production photos, Elon Musk finally showed off the finished Starship test rocket last night. Starship test flight rocket just finished assembly at the @SpaceX Texas launch site. This is an actual picture, not a rendering. pic.twitter.com/k1HkueoXaz — Elon Musk (@elonmusk) January 11, 2019 As you can well see, the Starship test rocket has a stainless steel skin, which had a few people scratching their heads. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Caper, the AI self-checkout shopping cart
The Amazon boogie-man has every retailer scrambling for ways to fight back. But the cost and effort to install cameras all over the ceiling or into every shelf could block stores from entering the autonomous shopping era. Caper Labs wants to make eliminating checkout lines as easy as replacing their shopping carts while offering a more familiar experience for customers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Uber’s IPO may not be as eye-popping as we expected
Uber is expected to raise $10 billion later this year in one of the largest U.S. initial public offerings in history. The float will value the ride-hailing giant somewhere between $76 billion — the valuation it garnered with its last private financing — and $120 billion — a sky-high figure assigned by Wall Street bankers that’s had even early Uber investors scratching their heads. A new report from The Information pegs Uber’s initial market cap at $90 billion. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Daily Crunch: Well Facebook, you did it again
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Facebook is the new crapware Well Facebook, you did it again. Fresh off its latest privacy scandal, the troubled social media giant has inked a deal with Android to pre-install its app on an undisclosed number of phones and make the software permanent. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Daily Crunch: The age of quantum computing is here
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1.IBM unveils its first commercial quantum computer The 20-qubit system combines the quantum and classical computing parts it takes to use a machine like this for research and business applications into a single package. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hire faster, work happier: Startups target employment with AI and engagement tools
Joanna Glasner Contributor More posts by this contributor Robot couriers scoop up early-stage cash Bots replacing office workers drive big valuations If you have a job today, there’s a good chance you personally reached out to your employer and interviewed with other humans to get it. Now that you’ve been there a while, it’s also likely the workday feels more like a long slog than the fulfilling career move you had envisioned. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Daily Crunch: Nvidia breaks with tradition at CES 2019
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Nvidia launches the $349 GeForce RTX 2060 Nvidia broke with tradition and put a new focus on gaming at CES. Last night the company unveiled the RTX 2060, a $349 low-end version of its new Turing-based desktop graphics cards. The RTX 2060 will be available on Jan. 15. 2. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Startups Weekly: VCs celebrate the new year the only way they know how
Venture capitalists swore in the new year the only way they know how… by submitting SEC paperwork for new funds! insert party hat/confetti emoji here. As many of us brainstormed our New Year’s resolutions and let our hangovers wear off, several firms began this week what for some is a long and arduousprocess of raising a VC fund and for others is as simple as a few phone calls to LPs. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Moesif raises $3.5M seed round to provide insight into API usage
Today, many companies provide developer access to their services via APIs.Moesif, a San Francisco startup, wants to help these companies gain insight into their customer’s API usage patterns. Today, the company announced a $3.5 million seed round. The investment was led by Merus Capital with participation by Heavybit, Fresco Capital and Zach Coelius, who sold his startup, Cruise Automation, to General Motors for $1 billion in 2016. Learn more about your ad choices. Visit podcastchoices.com/adchoices

NYSE operator’s crypto project Bakkt brings in $182M
The Intercontinental Exchange’s (ICE) cryptocurrency projectBakkt celebrated New Year’s Eve with the announcement of a $182.5 million equity round from a slew of notable institutional investors. ICE, the operator of several global exchanges, including the New York Stock Exchange, established Bakkt to build a trading platform that enables consumers and institutions to buy, sell, store and spend digital assets. Learn more about your ad choices. Visit podcastchoices.com/adchoices