Startups Weekly: Raising huge sums quickly


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Hey, do you know that TechCrunch sends out a weekly publication rounding up the most recent startup information?

Nicely, we do! However for as-yet-unidentified technical causes, it doesn’t appear to have gone out in the present day, so I’m publishing it right here.

And for those who haven’t subscribed but, what are you ready for?

1. What does it take to be a startup that raises big sums rapidly?

“Trait No. 1: Give attention to most cancers immunotherapy.” So, uh, that is likely to be a tough one to duplicate.

2. The dinner that destroyed Gawker

A juicy excerpt from Ryan Vacation’s new ebook Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue.

three. DoorDash raises $535M, now valued at $1.4B

Restaurant supply service DoorDash is becoming a member of the unicorn membership with its newest spherical of funding — a spherical that was led by SoftBank Group.

four. Going public pits Spotify’s solutions in opposition to everybody

The key to Spotify’s public market debut is definitely an acquisition it made in 2014. The Echo Nest was powering music suggestions for Beats Music, Rdio, Vevo and iHeartRadio earlier than Spotify pulled it out from beneath them.

5. Circle acquires cryptocurrency change Poloniex

Circle is an fascinating startup as a result of it’s exhausting to maintain observe of what it does.

6. Revolut broke even in December, now has 1.5 million clients

On common, Revolut now attracts between 6,000 and eight,000 new customers per day. Whereas social networks or messaging apps can be moderately pleased with these numbers, it’s ridiculously excessive once you examine this progress charge with good outdated banks.

7. GoBee Bike throws within the towel in France

The bike rental startup is blaming the shutdown on vandalism.

eight. Pagedraw UI builder turns your web site design mockup into code robotically

For years, one of many Holy Grails of internet design has been making an attempt to automate the transformation of front-end design into clear code. Y Combinator-backed Pagedraw has developed a software to meet that imaginative and prescient in a contemporary context.

9. Industrious picks up $80M to outclass WeWork for the enterprise

Industrious pitches itself as a extra premium model of WeWork, providing co-working house and office providers to some 35 places throughout 25 cities nationwide.

10. Rhino is eliminating safety deposits for rental flats

For a month-to-month price, Rhino supplies your landlord with an insurance coverage coverage for the potential damages that will usually be coated by a deposit.

Featured Picture: Li-Anne Dias

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