Odds and Ends 

The year of the gig worker uprising

2019 was a momentous year for gig workers. While the likes of Uber, Lyft, Instacart and DoorDash rely on these workers for their respective core services, the pay does not match how much they’re worth — which is a lot. It’s this issue that lies at the root of gig workers’ demands. “This past year has been a pivotal year not only for gig workers but for workers across the tech economy,” Gig Workers Rising co-organizer Lauren Casey told TechCrunch. “That unto itself is a win — to see mass…

Read More
Odds and Ends 

The 10 largest US venture rounds of 2018

Three U.S. companies raised more than $1 billion in just one funding round in 2018, a year in which total deal value for U.S. startups is expected to surpass $100 billion for the first time. For the most part, it was the usual suspects, and yes, SoftBank was an accessory in many of these rounds. Here’s a look at the 10 largest venture rounds of 2018. Epic Games: $1.25 billion Travis Kalanick, co-founder and former chief executive officer of Uber Technologies Inc., speaks during the TiE Global Entrepreneurs Summit in New…

Read More
Odds and Ends 

These are the most successful companies to emerge from Y Combinator

The round was impressive for a couple of reasons: The founders are a pair of 22-year-olds that had set out to build a virtual reality company before pivoting to payments, and they had only completed Y Combinator, a well-known Silicon Valley startup accelerator, the year prior. Today, YC has released the latest list of its most successful companies since it began backing startups in 2005. Ranked by valuation and/or market cap, Brex, sure enough, is the youngest company to crack the top 20: Airbnb: An online travel community and room-sharing…

Read More
Odds and Ends 

Cornershop, a grocery-delivery app in Chile and Mexico, raises $21M

The whole on-demand space has faced a lot of scrutiny in the past few years as questions about whether they are viable businesses balloon and the periodic down round leaks out. Then Instacart raised a massive round at a $3.4 billion valuation, and while the terms arent exactly clear, the funding environment for that space may be softening a bit. Thats offered an opportunity for new companies to start to attract attention like Cornershop, a grocery-delivery app that operates in Chile and Mexico. The company raised $21 million in a…

Read More