A venture capitalist once told me candidly that whenever you see the phrase “democratization” in tech marketing material, think of it as a red flag. Democracy, generally speaking, often comes with an ironic caveat: It disproportionately benefits white and male participants. Now, you know me well enough to know that I wouldn’t start off your…
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Here in the U.S. the concept of using a driver’s data to decide the cost of auto insurance premiums is not a new one. But in markets like Brazil, the idea is still considered relatively novel. A new startup called Justos claims it will be the first Brazilian insurer to use drivers’ data to reward…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Welcome to the Daily Crunch for May 28, the last edition before a long weekend here in the United States. But impending holiday or not, there’s plenty to catch up on, not…
This may seem like a great time to launch a SaaS startup, but the landscape is crowded with well-designed applications that promise “blazingly fast and delightfully simple” experiences, according to seed-stage investor John Chen of Fika Ventures. Most SaaS startups will fail, but not because of a sour marketing campaign or server downtime. The majority…
John Chen Contributor Share on Twitter John is a principal at Fika Ventures in Los Angeles. More posts by this contributor How Silicon Valley should celebrate Labor Day Rebuilding employee philanthropy from the bottom up By the time I joined Box in late 2012, the “consumerization of the enterprise” movement was well underway. The playbook…
Orbiit, a startup that automates the interactions within an online community, has raised a $2.7 million round led by Bread and Butter Ventures, with participation from new investors High Alpha Capital, LAUNCHub Ventures and Company Ventures. Existing investors Founders Fund, which led Orbiit’s $1 million pre-seed round, Acceleprise and other angels also participated. The capital…
Certain industries were hit harder by the COVID-19 pandemic than others, especially in its early days. Small businesses, including retailers and restaurants, were negatively impacted by lockdowns and the resulting closures. They had to adapt quickly to survive. If they didn’t use much technology before, they were suddenly being forced to, as so many things…
This morning Datacy, a startup with its headquarters in Wilmington, Delaware, announced that it has closed $2.4 million in new funding to continue building its consumer-friendly data collection and monetization service. The company is effectively an argument that the preceding sentence is possible. Datacy is a tool that allows individuals to collect their browsing data,…
Rock picking is probably not the first thing you think about when you think agricultural robotics. Understandably so. There are a number of companies out there looking to automate aspects like fruit and vegetable picking, weeding and field tending, but rocks are still a major issue for many farmers. They’re big, they’re heavy and they…