Surprisingly, even though TechCrunch is owned by not one but two enormous corporate entities — the Voltron form of which I like to call Verizaol — we are hit by very little splash from the stream of time-wasting marketing exercises that form a corporation’s very being. Recently, however, we were asked to come up with an internal tagline to explain what TechCrunch is to —… Read More
Snap Inc., the parent company of Snapchat, had a stellar first day in its public debut on the New York Stock Exchange, popping 44%. The self-proclaimed camera company that began its roots as an ephemeral photo-sharing app first priced its IPO at $17 per share on Wednesday. The stock opened at $24 and closed the day at $24.51. The company’s market cap is being reported as $34 billion… Read More
Snapchat priced its IPO at $17 per share on Wednesday, raising $3.4 billion. Then it opened Thursday at $24 per share and closed at $24.48. That’s a 44% gain for the select investors who bought into the IPO. And that gain looks great…for new investors. But it also means that Snapchat could have sold its shares for a higher price! If Snapchat priced its shares just a little… Read More
NBCUniversal is now the only U.S. media company that has an official stake in Snap. Today, NBC Universal (which is a unit of Comcast) revealed that it invested $500 million in Snap as a strategic investment partnership during yesterday’s IPO.
Snap shares popped 44 percent in the first day of trading.
NBCUniversal has been pursuing digital media aggressively in the past year, including… Read More
Snapchat priced its IPO at $17 per share on Wednesday, raising $3.4 billion. Then it opened Thursday at $24 per share and closed at $24.48. That’s a 44% gain for the select investors who bought into the IPO. And that gain looks great…for new investors. But it also means that Snapchat could have sold its shares for a higher price! If Snapchat priced its shares just a little higher… Read More
With the dawning of the digital age, low-income students face a new, unprecedented challenge: access to high-speed internet. Startups and nonprofits across the country are stepping up to help low-income families connect to the internet. They deliver programs that aim to facilitate the personal, academic and professional growth of their local communities. Read More
Okay Disrupt fans, you’ve procrastinated long enough. Today is the last day to get extra-early-bird tickets to Disrupt NY 2017 — so if you want to go to the best startup show in New York for the cheapest possible price, now is the time to act. Seriously, you need to go and get your tickets now. Like right now. You can get them here. Now that you’ve gotten the ticket and… Read More
NextGen Venture Partners, a young, Washington, D.C.-based venture firm that’s quarterbacked by a handful of investors but fueled financially by a network of hundreds of part-time investors who help with its portfolio, has raised $22 million for its debut fund. (This if you don’t count a $1 million pool of capital that it raised from its network in 2015.) We had a quick chat… Read More
The Industrial Internet of Things (IIoT) is creating huge opportunities in the water and wastewater industries, adding value to both the utility and the consumer. Connected machines are reshaping the way these utilities operate, allowing them to make smarter and more informed decisions. By driving up innovation, water utilities are driving down cost. Here’s what they’re up to. Read More
Toyota’s Research Institute (TRI) houses some of the automakers most ambitious future-focused projects, and the R&D organization debuted its new second-generation autonomous safety technology research vehicle on Friday. The car debuted at Toyota’s Prius Challenge event in Sonoma, California, which is a Silicon Valley forum designed to bring entrepreneurs, roboticists and… Read More