29 Nov

SoftBank says that Benchmark and Menlo intend to sell Uber shares

 SoftBank Group has confirmed that it has found likely sellers for the tender offer for Uber’s shares, which launched tonight. These are the shares from existing shareholders that will be sold at more than a 30% discount to Uber’s last private round.  The Japanese investment firm provided us with the following statement. “SoftBank and Dragoneer have received indications… Read More
Source: TechCrunch – Startups

31 Oct

Stripe Atlas adds a tool to set up stock issues for founding teams as it builds its business services

 Stripe Atlas was launched by payments company Stripe last year to help small businesses set themselves up as a legal, incorporated business entity in the U.S. Now with “thousands” of entrepreneurs from 125+ countries using Atlas, Stripe is expanding it with a new feature as it hones its focus on being a platform for startup services. Companies that are signed up to Atlas (which… Read More
Source: TechCrunch – Startups

31 Oct

Amazon Prime Video launches globally on Xbox consoles

 Today, Amazon Prime Video is launching globally for Xbox One, and will also be available on the new Xbox One X when it lands in stores on November 7. The streaming app, which is the only place to watch Amazon Originals like Transparent and Mozart in the Jungle, is going live in Canada, Mexico, France, Italy, Spain and India. In January of 2016, Netflix globally expanded its service to cover… Read More
Source: TechCrunch – Startups

31 Oct

Gaming accessories firm Razer to raise up to $550M in Hong Kong IPO

 Razer, the U.S.-Singapore firm that produces PCs and peripherals for gamers, is set to raise as much as $550 million from its Hong Kong IPO after it revealed its price range. The company first filed to go public in July, and today it confirmed that it plans to offer 1,063,600,000 shares at a range of HK$2.93-HK$4.00, that’s around $0.38-$0.51. If the full allocation sells at that top… Read More
Source: TechCrunch – Funding and Exits

31 Oct

Roman is a cloud pharmacy for erectile dysfunction

 “When I was 17, I experienced erectile dysfunction.” My interviews with startup founders rarely start so candid. But to destigmatize the business of his new company Roman and empathize with customers, Zachariah Reitano is getting vulnerable. “I think in a good way I’ve become numb to the embarrassment” says 26-year-old Reitano. “I remember the embarrassment… Read More
Source: TechCrunch – Startups

31 Oct

Zapier makes it easier for teams to collaborate on their app workflows

 Earlier this year, Zapier launched a $250/month teams plan for its workflow automation service. Today, it’s adding some long-requested functionality to this that will make it easier for teams to collaborate. This comes in the form of shared folders, which doesn’t seem like it would be such a big deal, but this now makes it far easier for teams to collaborate on workflows. Until… Read More
Source: TechCrunch – Startups

31 Oct

Rylo creates shake-free standard video from 360-degree shots

 I wasn’t particularly excited to take a meeting with another 360-degree camera company when I sat down with Rylo last week. It’s not that the tech isn’t interesting, or that there isn’t a future in it. For a majority of us, 360 video is, at best, an occasional novelty. But this Bay Area startup has the makings of something different. Read More
Source: TechCrunch – Startups

31 Oct

Remitly is raising up to $115M led by Naspers’ PayU to double down on remittances in India

 International remittances continues to be one of the biggest financial services in developing countries, with $450 billion getting sent from countries like the U.S. to emerging markets in 2017 alone, according to the World Bank. Now, one of the bigger startups using tech to take on Western Union, MoneyGram and other offline incumbents in the space is announcing a large round of funding to… Read More
Source: TechCrunch – Funding and Exits

30 Oct

Latest episode of ‘Bubbleproof’ showcases a partnership with unusual terms

 Silicon Valley is a land of ideation and thinkfluence and Qi drinks with tapioca mushroom protein. In this fourth episode of Bubbleproof, an original mockumentary series on the influence and ignorance of Silicon Valley, we get a closer look at the evolving/devolving relationship between startup founder guru Michael Fertik and venture capitalist David Cowan. Read More
Source: TechCrunch – Startups