Don't miss these Snap Thanos-snaps its market cap: After reporting its fourth-quarter results yesterday, shares of Snap plunged in after-hours trading. This morning, they are off just over 30%, a dramatic and shocking loss of value. What was so bad in the Q4 report? Sarah Perez cites Snap's "underwhelming revenue figures, tepid user growth and weak first-quarter guidance." Ouch. But don't worry! Snap is cutting costs by deleting jobs, and is working to harmonize the user experience between different Snapchat products. It also wants to grow more in North America, where user monetization runs hotter than in other markets. Sadly for its employees and other shareholders, investors seem more focused on what the company said in its earnings report than its plans for future platform updates. How to intelligently crowdfund: Crowdfunding is not for every company, so before you embark on a journey to raise capital from your audience, consider if you want to offer rewards, shares, or both. What you offer in exchange for capital will greatly shape how you go about passing the hat. On record with Beatrice Dixon: The founder and CEO of The Honey Pot, which offers feminine care products made with natural ingredients, Dixon came on Found recently to chat with Dominic-Madori Davis and Rebecca Szkutak. They dove deep into how Dixon got her company off the ground, into major retailers, and how she handled what the duo describe as "the company's first consumer blowback storm." Vertical SaaS is not dead yet: You might think vertical SaaS startups are struggling to raise cash now that software companies are trading at a fraction of their former values, and companies and consumers are suffering from subscription fatigue. Nope! At least not in the case of Goodshuffle, which just raised $5 million for its software aimed at the event rental and production industry. Meesho wants to unify India's logistics industry: India's large population, rapid economic growth, and online population make it a popular market for tech companies. But if you want to get into e-commerce, you will find that its logistics industry is a bit antiquated. Enter e-commerce company Meesho's new idea, Valmo, which wants to bring together the various pieces of India's logistics world with a focus on micro-entrepreneurs. Dutch capital for UK AI: Every country wants to become the source of a number of big, valuable AI companies out of fear the future might pass right by their economy. Following the UK's recent noise about investing in AI, Dutch recycling giant Bollegraaf Group is investing in UK-based Greyparrot, which "uses computer vision for waste analytics." Waste analytics and recycling aren't the first to spring to mind when we think of AGI, but they are an example of a practical application for AI in a massive, critical industry. Vision Pro? How about Vision Gaming? TechCrunch's review of the Apple Vision Pro continues to land as the intrepid Brian Heater spends more time with the device. He thinks that while the Vision Pro has an enterprise and productivity focus, the technology — and a lower, consumer-friendly price point — could see Apple shine "more of a spotlight on immersive entertainment." Excellent. I want to use the Apple face computer to play through my Steam library. Chop chop, Cupertino! |
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