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Hello and welcome to the Daily Crunch of November 15, 2021! We have a lot to chat about, but first, in a nutshell: We’re having a sale! Yes, you get huge discounts here on Nerdshala+, which I am happy to share because saving money is good. As is supporting your friendly local tech blog! OK, let’s talk about the news. , alex
Nerdshala Top 3
- More Money to Resume Card: Startup card plays are so popular that Nerdshala wrote a digest about when they make sense. But there’s still more to be done in the space, admits Imprint, which received $38 million for its consumer-brand debit card effort, which includes funds from Kleiner Perkins and Stripe.
- Casper says “boo” for public markets, plans to exit: After a turmoil, DTC Mattress Company — and former venture-backed startup — Casper is leaving the public markets for $6.90 per share, cash. The price is a hefty premium to its previous share price, though it does little to provide a positive sign for the DTC space, given its basement-level implied revenue multiplier.
- Utah’s tech scene remains hot: It’s been a good year for Utah startups. Qualtrics went public. Divvy sold for $2.5 billion. Weaving became public. Now Podium has added only $200 million to its accounts at a valuation of $3 billion. It was once a surprise that Utah was building a booming tech scene, but in today’s more global startup world, the state is just another success story when it comes to fostering upstart tech shops.
- Can You Build a Startup Aimed at Battery Supply Chain? Mitra Future Technologies and Chamath Palihapitiya’s Social Capital think so. The startup seeks to “boost the North American battery supply chain industry currently dominated by China by producing iron-based cathodes for non-Chinese applications.” heck yes.
- SOS raises $3.4M for women’s health-focused vending machines SOS is building a network of vending machines that supply health and hygiene products, which is replacing the “perennial problem of broken, out-of-stock tampon machines,” Nerdshala reports. The company intends to roll out advertising products and more hardware.
- Mixpanel returns to fundraising after a long break: After a massive explosion early in its life, Mixpanel found itself torn between a startup and a public company. Now, seven years after its last round, the software company has added $200 million to its accounts via Series C. Is this called a return? our own ron miller Here’s even more on the Mixpanel turnaround.
- Virtuoso raises more money for automated software testing If you mix machine learning and RPA and point hybrids to software testing, you get Virtuoso, a UK-based startup that just raised $13.3 million led by Paladin Capital. Not to turn this into a D&D joke, but we believe Virtuoso has a legitimately good run from here.
- Vertical Sass is still looking for a place to deploy code: It appears that the work of bringing industry-compliant software products to market is not slowing down. As Nerdshala reports, today’s Proof Monograph is raising $20 million in Series B for its “cloud-based platform for architecture and design professionals.”
- Apalazzo raises $527 million for BNPL in Mexico The Mexican startup market is crossing my radar more and more often. A good example came today with Applazo’s new funding round, an event that comes just four months after raising $5.25 million. Such rapid-fire funding was once a rarity in Silicon Valley. Today, hot startups from around the world can access more capital than ever before.
- To kick off our startup coverage today, Jumo raises $60 million for its e-bike subscription service, We love the idea that an Australian EV company is working on. Cars are bad for the environment and take up a lot of space in cities. How about electric bike?
Offer decks and other new tips for startup hiring
Most new startups operate with a hybrid workforce, but that doesn’t guarantee that hiring processes keep pace.
In a panel discussion at Nerdshala Disrupt, Managing Editor Eric Alden interviewed Jam Bot, talent partner at Sequoia, Touni Nazario-Kranz, operating partner at SignalFire, and Doris Tong, founder and CEO of EQ Talent Group, about the recent changes in hiring. More information can be obtained. ,
It’s not just engineering talent that’s in high demand: With so many startup staff, “there just aren’t enough senior people in the world to be hired overall,” Eric writes.
(Nerdshala+ is our membership program that helps founders and startup teams grow. You can sign up here,
Big Tech Inc.
- Snap continues landing content deals: After announcing NBCUniversal the other week, social network Snapchat has closed a deal with Sony Music, bringing the latter’s IP to the app’s sound library. A bit strange of a move for a camera company? Not when TikTok has shown the power of crowd creativity melodies.
- in good news, Twitter has updated its web interface to address the Twitter disappearance issue., we can enter this story in ,Dang, Twitter’s product team actually found a new gear, huh, section of the site.
- sticking to Twitter: The company has acquired Threader As part of its larger, subscription-focused Twitter Blue project.
- And to close us, Tesla is adding Starlink hubs to Supercharger stations, In the future, you may be able to get to work sitting in your car while you charge for your ride. I don’t know if this counts as corporate ~synergy~, but it is close.
Are you all familiar with last week’s coverage of development marketing and software development? If not, read here.
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