Welcome to our blog summarizing important events that happened during the last week, as well as interesting articles and news from the start-up/business/tech world, and our opinion on them.
No one wants to give us capital because we have all destroyed capital and created economic waste. Scott Sheffield, of Pioneer Natural Resources Deals Sprout.ai raises $2.5M to speed up insurance claims ( techcrunch.com ) Sprout.ai has developed AI-based software that it says enables insurance claims to be settled within “just 24 hours”.
One of the weird side effects of 100% remote work is that we lose the signalling and "seriousness" of business travel as a way to confer priority and legitimacy. It's much harder to buy your way into someone's schedule now. Alex Danco Deals Vela Games raises $3.1M for player-first co-op games ( venturebeat.com ) This current round will accelerate delivery of the studio’s first title,
We live in the age of Performative Reading. Consuming as many books as possible has become a competitive sport for knowledge workers who want to show off their intellectual curiosity. To do so, they race through books like they’re collecting mushrooms in Super Mario Kart. David Perrell Deals Kaizo raises $3M for its AI-based tools to improve customer service support teams
Stocks take the staircase up and elevator down. proverb Deals Smart Addressing Platform UNL Secures $2m in Early Stage Funding ( asiatechdaily.com ) Adding a programmable layer to real-life locations, UNL is building the Internet of Places, serving as an infrastructure for the location-based service economy. Making any location a point of sale, delivery, and payment.
What do you call a stock that’s down 90%? A stock that was down 80% and then got cut in half. David Einhorn Deals Epic Games Adds Cubic Motion Startup To Company Portfolio ( crunchbase.com ) Cubic Motion’s technology helps make facial animation in video games and movies more lifelike. The acquisition of Cubic Motion will complement 3Lateral, another company Epic Games
Everything we do before a pandemic will seem alarmist. Everything we do after will seem inadequate. Michael Leavitt Deals SEO platform DeepCrawl raises $19M in Series B round ( prolificlondon.co.uk ) DeepCrawl has developed a robust web crawler that empowers marketers and SEO experts with actionable data-based insights to diagnose and fix technical issues, increase website
It’s OK to not have an opinion on topics you don’t know anything about. Morgan Housel Deals Berlin-based hotel startup SuitePad closes 7-digit round of funding to accelerate global expansion ( techstartups.com ) A provider of in-room tablets for the hotel industry to develop a modern hotel room operating system with key functionalities such as centralized room control, hotel room telephone and TV solutions.
Organized competitive fighting trains the athlete to focus on the game and, in order not to dissipate his concentration, to ignore the possibility of what is not specifically allowed by the rules, such as kicks to the groin, a surprise knife, et cetera. So those who win the gold medal might be precisely those who will be most vulnerable in real life
The human brain is a complex organ with the wonderful power of enabling man to find reasons for continuing to believe whatever it is that he wants to believe.
In Venture Capital, you build your track record on the companies that work. You build your reputation on the companies that don’t." Jeff Fagnan Deals Sexual wellness startup Lover launches on Valentine's Day with $5M seed round with funding from Tinder founder ( techcrunch.com ) Lover lets you take a sexual personality quiz, explore carnal knowledge tutorials and discretely figure out which turn-ons you share...