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Earlier this week, Science Inc, the 10-year-old, L.A.-based incubator and venture firm, rolled out a blank-check company onto the Nasdaq, raising $310.5 million for what firm founders Peter Pham and Mike Jones say will be used to take public a company in the mobile, entertainment or direct-to-consu

Robinhood caps a wild week for new funding, Coinbase is going public and Johnson & Johnson reveals new vaccine trial data. This is your Daily Crunch for January 29, 2021. The big story: Robinhood raises $1B I know the newsletter has been dominated by Robinhood and stock market n

Robinhood has detailed its latest step in the complex quagmire of market manipulation that is this week’s GameStop hedge fund Reddit army debacle. Users will for the present be limited to holding a single share of GameStop and dozens of other stocks. Several stocks were limited to five shares

Edtech is so widespread, we already need more consumer-friendly nomenclature to describe the products, services and tools it encompasses. I know someone who reads stories to their grandchildren on two continents via Zoom each weekend. Is that “edtech?” Similarly, many Ne

As Roblox eyes what could be a historic debut on public markets in the coming months, investors who have valued the company at $29.5 billion are certainly eyeing the gaming company’s dedicated and youthful user base — but it’s the 7 million active creators and developers on the Ro

The Dyatlov Pass incident is the mother of all cold cases: nine people found dead in 1959, deep in the Ural mountains, under circumstances no one has ever been able to satisfactorily explain. But new research uses simulation techniques from multiple eras to advance what is perhaps the least implaus

Where can new founders and budding entrepreneurs turn for expert advice to navigate the formative phases of building a startup? Head to technewss Early Stage — a two-day virtual bootcamp that gives early founders (pre-seed through Series A) access to the leading experts across a range of essenti

As a 20-year CIO and advisor to multiple startups, I sat on many customer advisory boards (CABs) and saw how they were formed. Some companies have highly functioning CABs, others merely serve as feedback loops. Any startup striving to connect directly with their customers would benefit from establi

In June of 1999, Sequoia Capital and Kleiner Perkins invested $25 million into an early-stage company developing a new search engine called Google, paving the way for a revolution in how knowledge online was organized and shared. Now, Sequoia Capital is placing another bet on a different kind of se

Facebook’s “Supreme Court” is now accepting comments on one of its earliest and likely most consequential cases. The Facebook Oversight Board announced Friday that it would begin accepting public feedback on Facebook’s suspension of former President Trump. Mark Zuckerberg an

A gig economy-powered consumer edtech platform is heading to the New York Stock Exchange. Edtech startup Nerdy, which owns the popular tutoring business Varsity Tutors, is seeking to become a public company through a special purpose acquisition vehicle, otherwise known as a SPAC. Ne

Billions of devices are currently connected to the Internet of Things (IoT), and researchers are predicting tremendous growth in the coming decade. One of the most exciting, challenging and potentially lucrative areas of the IoT is the automotive sector. The car is a major component of most people&

Rocket fuel technology startup Firehawk Aerospace has added $1.2 million to its existing seed financing, bringing the full amount invested in the round to $2.5 million. The new tranche comes from Harlow Capital Management, a Dallas-based firm run by Colby Harlow, who will join Firehawk’s boar

Each year Okta processes millions of SaaS logons via its authentication system. It kindly aggregates that data to find the most popular apps and publishes an annual report. This year it found that the most popular tool by far was Microsoft Office 365. It’s worth noting that while app usage po