RSS Startups

  • Hello Alfred launches new platform to reach more buildings and improve accessibility March 26, 2019
    Hello Alfred — the startup that assigns in-home assistants to take care of your recurring chores and tasks — has announced the launch of a new service tier that will provide more properties and residents with access to the company’s underlying technology. The company, which won the Startup Battlefield competition at our 2014 Disrupt event, […]
    Arman Tabatabai
  • Vlocity nabs $60M Series C investment on $1B valuation March 26, 2019
    As we wrote last week in How Salesforce paved the way for the SaaS platform approach, the ability to build extensions, applications and even whole companies on top of the Salesforce platform set the stage and the bar for every SaaS company since. Vlocity certainly recognized that. Targeting five verticals, it built industry-specific CRM solutions […]
    Ron Miller
  • McDonald’s is acquiring Dynamic Yield to create a more customized drive-thru March 25, 2019
    McDonald’s is announcing an agreement to acquire personalization company Dynamic Yield. The announcement does not include a price, but a source with knowledge of the deal said that it’s more than $300 million. This is the fast food chain’s largest acquisition in 20 years. Dynamic Yield works with brands across e-commerce, travel, finance and media […]
    Anthony Ha

RSS Funding

  • Uber is paying $3.1BN to pick up Middle East rival Careem March 26, 2019
    After months and months of rumors it’s finally been confirmed that ride-hailing giant Uber is picking up its Middle East rival Careem in an acquisition deal worth $3.1 billion — with $1.7BN to be paid in convertible notes and $1.4BN in cash. Uber writes that it expects the transaction to close in Q1 2020, pending […]
    Natasha Lomas
  • Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B March 25, 2019
    Australia-based Airwallex is the latest tech startup to enter the billion-dollar “unicorn” club. The company announced today that it has closed a $100 million Series C round that values its business above $1 billion. Started in Melbourne in 2015 by four Chinese founders, Airwallex provides a service that lets companies manage cross-border revenue and financing […]
    Jon Russell
  • Social investment platform eToro acquires smart contract startup Firmo March 25, 2019
    Social investing and trading platform eToro announced that it has acquired Danish smart contract infrastructure provider Firmo for an undisclosed purchase price. Firmo’s platform enables exchanges to execute smart financial contracts across various assets, including crypto derivatives, and across all major blockchains. Firmo founder and CEO Dr. Omri Ross described the company’s mission as “…enabl[ing] our […]
    Arman Tabatabai

RSS AVC

  • Equity Via Inclusion March 26, 2019
    We’ve been trying a big ambitious experiment in NYC over the last five years. We are training over 5,000 teachers to teach computer science classes in elementary school, middle school, and high school. We call it CS4All. It sounds simple, but it is anything but simple. And it is expensive. We are funding it via […]
    Fred Wilson
  • Life In A Constant Stream Of Emails And Meetings March 25, 2019
    My colleague Nick wrote a post today about his productivity system. Nick’s system is way more elaborate than mine, but everyone has to find their own way of getting things done. What I found most interesting about Nick’s post is what I put in the headline of this post. Our jobs at USV are a […]
    Fred Wilson
  • The Finance Function: Looking Back And Looking Forward March 24, 2019
    High growth companies need to have a strong finance function. You can’t drive a car (or a plane) without some instrumentation. Most importantly, you need to know when you are going to run out of gas (or electricity). The mission critical things that must be done in the finance function are mostly accounting related functions; […]
    Fred Wilson