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Ron Miller @ TechCrunch 3 place · 02/27/2021 11:37 EDT

Storm Ventures promotes Pascale Diaine and Frederik Groce to partners

Storm Ventures, a venture firm that focuses on early stage B2B enterprise startups, announced this week that it has promoted Pascale Diaine and Frederik Groce to partners at the firm. The two new partners have worked their way up over the last several years. Groce joined Storm in 2016 and has invested in enterprise SaaS […] Read more

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TechCrunch
Sarah Perez @ TechCrunch 2 place · 02/27/2021 10:30 EDT

This Week in Apps: Twitter targets creators, Clubhouse security, Spotify’s plans for paid podcasts

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. A new forecast this week expects consumer spend to grow […] Read more

4

TechCrunch
David Riggs @ TechCrunch 3 place · 02/27/2021 08:26 EDT

If you haven’t followed NFTs, here’s why you should start

Digital content has value, and crypto collectors are flocking to lay their namesake on the biggest collections of tomorrow. Read more

3

TechCrunch
Mike Butcher @ TechCrunch · 02/27/2021 02:28 EDT

6 Copenhagen investors share their outlook on investing in 2021

While Denmark and Copenhagen don’t often come up as a destination for European startups, it has a thriving local tech scene that’s home to some of the better startup conferences. After all, who doesn’t want to visit Copenhagen? A highly educated population, great universities, excellent healthcare and great transport links to Europe make the city […] Read more

1

TechCrunch
Connie Loizos @ TechCrunch · 02/26/2021 20:26 EDT

What the NFT? VC David Pakman dumbs down the digital collectibles frenzy and why it’s taking off now

Non-fungible tokens have been around for two years, but these NFTs, one-of-one digital items on the Ethereum and other blockchains, are suddenly becoming a more popular way to collect visual art, primarily, whether it’s an animated cat or an NBA clip or virtual furniture. “Suddenly” is hardly an overstatement. According to the outlet Cointelegraph, during […] Read more

14

TechCrunch
Anthony Ha @ TechCrunch · 02/26/2021 18:10 EDT

Facebook unveils another experimental app, Atlassian acquires a data visualization startup and Newsela becomes a unicorn. This is your Daily Crunch for February 26, 2021. The big story: Facebook launches rap app The new BARS app was created by NPE Team (Facebook’s internal R&D group), allowing rappers to select from professionally created beats, and then […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 02/26/2021 17:48 EDT

Astra awarded NASA launch contract for storm observation satellites

Astra, the Alameda-based space launch startup that recently announced its intent to go public via a SPAC merger, has secured a contract to deliver six cube satellites to space on behalf of NASA. Astra stands to be paid $7.95 million by the agency for fulfilment of the contract. This will be a key test of […] Read more

3

TechCrunch
Ron Miller @ TechCrunch · 02/26/2021 17:21 EDT

Salesforce delivers, Wall Street doubts as stock falls 6.3% post-earnings

Wall Street investors can be fickle beasts. Take Salesforce as an example. The CRM giant announced a $5.82 billion quarter when it reported earnings yesterday. Revenue was up 20% year over year. The company also reported $21.25 billion in total revenue for the just closed FY2021, up 24% YoY. If that wasn’t enough, it raised […] Read more

1

TechCrunch
Walter Thompson @ TechCrunch · 02/26/2021 16:54 EDT

EC roundup: BNPL startups, growth marketing tips, solid state battery market map, more

When I needed a new sofa several months ago, I was pleased to find a buy now, pay later (BNPL) option during the checkout process. I had prepared myself to make a major financial outlay, but the service fees were well worth the convenience of deferring the entire payment. Coincidentally, I was siting on said […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 02/26/2021 16:27 EDT

With $62.5M in debt financing, Road Runner Media puts digital ads behind commercial vehicles

If Southern California-based Road Runner Media succeeds, you’ll start seeing a lot more ads while you’re driving. That’s because the startup is placing digital screens on the backs technicians’ vans, delivery vehicles, buses and other commercial vehicles. Those screens can show both ads and serve as a brake light — according to founder and chairman […] Read more

6

TechCrunch
Anthony Ha @ TechCrunch · 02/26/2021 15:16 EDT

Yelp puts trust and safety in the spotlight

Yelp released its very first trust and safety report this week, with the goal of explaining the work that it does to crack down on fraudulent and otherwise inaccurate or unhelpful content. With focus on local business reviews and information, you might think Yelp would be relatively free of the types of misinformation that other […] Read more

0

TechCrunch
Annie Siebert @ TechCrunch · 02/26/2021 15:02 EDT

Broaden your view of ‘best’ to make smarter, more inclusive investments

Research shows that diverse teams, companies and founders pay, so why are all of the VC home runs from white men, or Asian men in Asia, plus a few Asian men in the U.S.? Read more

4

TechCrunch
Sarah Perez @ TechCrunch 3 place · 02/26/2021 15:00 EDT

Facebook launches BARS, a TikTok-like app for creating and sharing raps

Facebook’s internal R&D group, NPE Team, is today launching its next experimental app, called BARS. The app makes it possible for rappers to create and share their raps using professionally created beats, and is the NPE Team’s second launch in the music space following its recent public debut of music video app Collab. While Collab […] Read more

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TechCrunch
Annie Siebert @ TechCrunch · 02/26/2021 14:53 EDT

In freemium marketing, product analytics are the difference between conversion and confusion

Considering that fewer than 5% of free users move to paid plans, even a slight improvement in conversion can translate to significant revenue gains. Read more

5

TechCrunch
Steve O'Hear @ TechCrunch · 02/26/2021 13:15 EDT

Sources: Lightspeed Venture Partners is close to hiring a new London-based partner to put down further roots in Europe

Lightspeed Venture Partners, the well-known Silicon Valley venture capital firm that has backed the likes of DoubleClick and Snapchat, is in the midst of hiring a new London-based investment partner as it looks to put down further ties to Europe, TechCrunch has learned. According to multiple sources, Paul Murphy, whose investments include Tier, Hopin, Klang, […] Read more

2

TechCrunch
Natasha Mascarenhas @ TechCrunch · 02/26/2021 13:07 EDT

How to ace the 1-hour, and ever-elusive, pitch presentation at TC Early Stage

Lisa Wu, a partner at Norwest with investments like Calm, Plaid, Opendoor and Grove Collaborative, has a message for founders: Think like a VC during your pitch presentation. After all, accepting capital isn’t simply adding more money to your balance sheet. It is about picking a venture partner who will be there with you through […] Read more

2

TechCrunch
Alexandra Ames @ TechCrunch · 02/26/2021 12:46 EDT

Hear from Black Female Founders, Latinx founders, Startout and Socos Labs next week at TC Sessions: Justice 2021

We’re less than a week away from TC Sessions: Justice 2021, a deep, day-long exploration of diversity, inclusion and equity in tech. On Wednesday, March 3, leading experts, founders, social justice warriors will discuss topics ranging from systemic bias, essential workers’ rights and formerly incarcerated people to accountability in social media and funding for underrepresented […] Read more

4

TechCrunch
Kirsten Korosec @ TechCrunch · 02/26/2021 12:42 EDT

Aurora acquires a second lidar company in push to bring self-driving trucks to the road

Aurora, the autonomous vehicle company that recently closed its acquisition of Uber’s self-driving subsidiary, has snapped up another startup.  This time, Aurora is buying OURS Technology, the second lidar startup it has acquired in less than two years. Aurora acquired Blackmore, a Montana-based lidar startup in May 2019.  Aurora declined to disclose the acquisition price […] Read more

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TechCrunch
Alexandra Ames @ TechCrunch · 02/26/2021 11:46 EDT

Only a few hours left to buy early bird passes to TC Early Stage 2021

By now you probably know that we’re hosting two TC Early Stage events this year — one on April 1-2 and another on July  8-9 — each with its own set of topics, speakers and content — both designed to help nascent startup founders build a better, more successful business. What you may not know […] Read more

4

TechCrunch
Tage Kene-Okafor @ TechCrunch · 02/26/2021 11:38 EDT

Jumia co-CEO Jeremy Hodara talks African e-commerce, and his company’s path to profitability

This month, African e-commerce giant Jumia released its second full-year financials for Q4 and its fiscal year 2020. The results were mixed — active customers and gross profit increased, while orders and gross merchandise volume (GMV) fell. A particular feature that has troubled the company since its inception in 2012 was also present, namely persistent […] Read more

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