TechCrunch
JANUARY 4, 2023
With SPIN, users can enter the VR version of their favorite store and speak to avatar customer service agents to buy clothes. We’re excited to see how VR experiences on mobile phones and desktop computers reduce that barrier and give access to any user around the world.”. This is not something we can invent with AI in a few seconds.
TechCrunch
APRIL 10, 2023
Repeating the common adage of other investors these days, he says that there’s never been a better time to start a company. It has also closed a $4 million sidecar fund, dubbed Reach Founders Fund, which brings together capital from 40 portfolio companies. More simply put: How is AI making lives better?”
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TechCrunch
AUGUST 12, 2023
again: WeWork this week announced a net loss of $397 million for the second quarter on revenue of $877 million. The company says it’ll now make RCS the default for both new and existing Messages app users, and end-to-end encryption for group chats is now fully rolled out to all RCS users. WeWork in trouble . . .
TechCrunch
FEBRUARY 3, 2022
I think it nets out to a changing market, but not one that has settled on a new level of risk tolerance. Risk-on, risk-off : The startup fundraising game is in flux at the moment, with some investors putting capital to work in companies that have yet to fully form, as the public market takes body blows and earnings disappoint.
TechCrunch
SEPTEMBER 21, 2021
Unlike other motion-based entertainment companies’ products that require expensive gear like a VR headset, connected hardware or game consoles, NEX develops motion-based entertainment apps without requiring special equipment, monitors, or a subscription. Anyone can play Active Arcade using their body movement.
TechCrunch
APRIL 8, 2023
In these situations, investors also reserve more capital to backstop their best performing companies, which further reduces the number of new financings. As a result, investors don’t really need to invest in net new companies to get exposure to AI’s potential halo effect. It’s the promise of horizontal tech.
TechCrunch
OCTOBER 26, 2021
Overbidding and speedy closings became the norm, often facilitated by the speed and convenience offered by proptech companies that helped sellers cash out quickly so they could get into their next homes. But shares in Zillow fell 10% last week after the company said it would pause buying houses for the rest of the year.
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