21 Oct

GitHub’s scandalized ex-CEO returns with Chatterbug

 Translation earbuds might eliminate some utilitarian reasons to know a language, but if you want to understand jokes, read poetry, or fall in love in a foreign tongue, you’ll have to actually learn it. Unfortunately, products like Rosetta Stone leave people feeling burned after claiming the process should be easy while never helping you practice talking with a real native speaker. You… Read More
Source: TechCrunch – Startups

20 Oct

Sneaker and streetwear reseller Stadium Goods just launched their first app

 Stadium Goods, the online (and brick and mortar) marketplace for highly sought after sneakers and streetwear, is launching its first app. Live today to coincide with the startup’s two year anniversary, the first iteration of the app is basically just a mobile marketplace. But Stadium Goods plans to eventually build out this functionality and take advantage of location services and… Read More
Source: TechCrunch – Startups

20 Oct

Grab raises $700M in debt to add more drivers to its ride-hailing service in Southeast Asia

 Grab is in the process of raising $2.5 billion for it ride hailing service in Southeast Asia, but that hasn’t stopped the Uber rival from tapping banks for $700 million in debt facilities to develop its business. The Singapore-based company said it had pulled in the financing from “leading global and regional banks” to expand its car rental fleet in Singapore and Indonesia,… Read More
Source: TechCrunch – Funding and Exits

20 Oct

Equity podcast: IPOs for Stitch Fix, MongoDB and SendGrid, and Alphabet’s Lyft investment

 Welcome to Equity, TechCrunch’s podcast about venture capital and the tech business. On the latest episode, we were joined by Barry Eggers, co-founder and a general partner at Lightspeed Venture Partners. There was a lot of IPO news this week. MongoDB debuted and we saw filings on Thursday for both Stitch Fix and SendGrid. And, of course, there was the inevitable ridesharing news.… Read More
Source: TechCrunch – Funding and Exits

19 Oct

Studio makes running more exciting with coaching, music and competition

Studio Jason Baptiste wants you to run. He said he’s seen the personal benefits of running since 2009, when he became unhappy with his weight and committed to run a “daily 5k,” something he’s held to ever since. “Not only has running helped me be healthier, it’s helped my mind and spirit become stronger,” Baptiste wrote. “Running has become an outlet for… Read More
Source: TechCrunch – Startups

19 Oct

What washing dishes, driving a truck and working in a cemetery taught me about the power of ‘blue-collar’ software

 I work in VC. But it wasn’t long ago that I stocked shelves, drove a truck, washed dishes, waited tables and even hauled dirt at a cemetery. This isn’t the usual route to a job in tech and VC, but it opened my eyes to a corner of the tech world I think has the chance to create the next Salesforce, Oracle or LinkedIn: software targeting those who do their jobs outside corporate offices. Read More
Source: TechCrunch – Startups

19 Oct

PayPal’s quarter exceeded expectations across the board

 PayPal, the digital payments company, shared its growing financials after the bell on Thursday. Shares ticked up about 4% in initial after-hours trading.
The company beat Wall Street’s expectations for the third quarter, posting an adjusted 46 cents per share. Analysts had been predicting 43 cents.
Revenue was also above the bar, with $3.24 billion, versus the $3.16 billion forecast. Read More
Source: TechCrunch – Funding and Exits

19 Oct

Stitch Fix has filed for an IPO, and the numbers look good

 Stitch Fix has filed to go public, finally revealing the financial guts of the startup which will be a test of modern e-commerce businesses that are looking to hit the market — and the numbers look pretty great! Let’s start off really quick with profits: aside from the last two quarters, Stitch Fix posted a six-quarter streak of positive net income. We talk a lot about companies… Read More
Source: TechCrunch – Startups

19 Oct

Data is the name of the game, as Intel Capital puts $60M in 15 startups, $566M in 2017 overall

Intel Capital, the investment arm of the processor giant, is today announcing its latest tranche of investments, a total of nearly $60 million going in to 15 startups that are working on solving different problems in the bigger area of big data (with a full rundown below). The investments come on the back of a big year for the group: in 2017 so far, Intel says that it’s invested $566… Read More
Source: TechCrunch – Startups