TechCrunch Startup News

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Dec 17, 2018 • 9min

Robinhood said to not be properly insured to offer checking & savings

Robinhood’s new high-interest, zero-fee checking and savings featureseems to be too good to be true. Users’ money may not be fully protected. The CEO of the Securities Investor Protection Corporation, a non-profit membership corporation that insures stock brokerages, tells TechCrunch its insurance would not apply to checking and savings accounts the way Robinhood claims. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 14, 2018 • 4min

A former Ofo exec is launching his own scooter startup

The funding extravaganzamay be approaching its end for scooter “unicorns” Lime and Bird, but smaller startups in the micro-mobility space have continued to close venture capital rounds at a consistent pace. See Grin, Tier and Yellowfor examples. The latest is Dott, a European scooter startup founded by Maxim Romain, Ofo’s former head of Europe, the Middle East and Africa. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 14, 2018 • 5min

The annual PornHub year in review tells us what we’re really looking at online

PornHub, a popular site that features people in various stages of undress, saw 33.5 billion visits in 2018. There are currently 7.53 billion people on Earth. Y’all have been busy. The company, which owns most of the major porn sites online, produces a yearly report that aggregates user behavior on the site. Of particular interest, aside from the fact that all of us are horndogs, is that the U.S. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 13, 2018 • 6min

Farfetch bets on sneakers with $250M Stadium Goods acquisition

The lines between streetwear and luxury fashion have blurred in recent years, especially as excitement around sneaker brands like Yeezy and Off-White has soared. A marriage between a luxury fashion marketplace and a sneaker and streetwear reseller seems like a natural way to wrap up M&A in 2018. With that said, Farfetch has acquired New York-based Stadium Goods, opting to pay $250 million for the sneaker startup in a combination of cash and Farfetch stock. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 13, 2018 • 3min

YayPay raises $8.4 million for its accounts receivable service

Fintech startup YayPay just raised another $8.4 million for its software-as-a-service solution focused on collecting money from outstanding invoices. The company participated in TechCrunch’s Startup Battlefield several years ago. Information Venture Partners led today’s funding round with existing investors Birchmere, QED, Fifth Third Capital, Gaingels and 500 Fintech Fund also participating. YayPay targets large companies with an accounting department. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 11, 2018 • 9min

How Uber will become an ad company, starting with Eats Pool

Where there is discovery in an app, there is paid discovery. Google helped you choose between links, then sold ads that promote a few. Facebook helped you choose between pieces of content, then sold ads that promote a few. And eventually, as Uber helps you choose between restaurants, it will sell ads that promote a few. It could become the marketing platform through which the physical world vies for your attention. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 10, 2018 • 8min

Why you need a supercomputer to build a house

When the hell did building a house become so complicated? Don’t let the folks on HGTV fool you. The process of building a home nowadays is incredibly painful. Just applying for the necessary permits can be a soul-crushing undertaking that’ll have you running around the city, filling out useless forms, and waiting in motionless lines under fluorescent lights at City Hall wondering whether you should have just moved back in with your parents. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 10, 2018 • 4min

2 Milly files a lawsuit against Fortnite maker Epic Games over dance move

Rapper 2 Milly is suing Epic Games over Fortnite’s use of his dance move, the Milly Rock. The lawsuit claims direct infringement of copyright, contributory infringement of copyright, violation of the Right of Publicity under California Common Law, among other things. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 7, 2018 • 10min

The trust dilemma of continuous background checks

First, background checks at startups, then Huawei’s finance chief is arrested, SoftBank’s IPO is subscribed, and I am about to record our next edition of TechCrunch Equity. It’s Thursday, December 6, 2018. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author (Danny at danny@techcrunch.com) if you like or hate something here. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 6, 2018 • 4min

Freeletics raises $45M for its AI-powered mobile fitness coach

One of Europe’s most popular fitness applications is poised to flourish in the U.S. market with the help of several Los Angeles-based investors. Freeletics, headquartered in Munich, Germany, is today announcing its first round of private capital after bootstrapping since 2013. The $45 million Series A was co-led by FitLab, Causeway Media Partners and JAZZ Venture Partners, with participation from Courtside Ventures, Elysian Park Ventures and ward.ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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