Outschool, newly profitable, raises a $45M Series B for virtual small group classes

Outschool, which started in 2015 as a platform for homeschooled students to bolster their extracurricular activities, has dramatically widened its customer base since the coronavirus pandemic began.The platform saw its total addressable market increase dramatically as students left campus to abide by COVID regulations instituted by the CDC. Suddenly, live, small-group online learning classes became […]

Unicorn layoffs prompt more startups to consider acqui-hiring

Alex Zajaczkowski was just months into her role at Toast, a restaurant point-of-sale software company, when she was let go during COVID-19 layoffs. Toast, last valued at $5 billion, cut 50% of its staff through layoffs and furloughs. Zajaczkowski said she started applying for jobs within a week. “I think I got on the boat […]

As COVID-19 era drags on, VCs look beyond Zoom calls for due diligence and sourcing

While the coronavirus has accelerated the dealmaking pace for many early-stage startups, activity has not come without adaptation. Remote investment struggles for investors were clear from the get go: it’s challenging to invest millions in someone you have never met, and there’s not a lot to learn from “off-the-cuff” conversations that are calendared days in […]

Slack’s earnings detail how COVID-19 is both a help and a hindrance to cloud growth

Slack’s shares are set to fall sharply this morning, down around 16% in pre-market trading. As the company beat analyst expectations last quarter and guided within range, the selloff might feel a little surprising. Perhaps it shouldn’t. I spoke with a VC last week about what the new benchmark results are for private SaaS companies, […]

This Labor Day, spare a thought for the workers who made your doorstep delivery possible

Arjuna Costa Contributor Arjuna Costa is a partner at Omidyar Network and early stage investor in Ruma. More posts by this contributor Tech workers looking to make a difference in the world should donate their skills A few weeks ago, I bought a used paperback mystery for $3 via a small online bookseller. Intrigued that […]

3 views on the future of geographic-focused funds

For many investors, the coronavirus has effectively taken geography out of the equation when it comes to vetting new opportunities. While this dynamic opens up startups to more investment opportunities, venture capital firms that focus on a specific region are in a thornier spot. The competitive advantage they once had when raising — the notion […]

3 ways COVID-19 has affected the property investment market

Jan Večerka Contributor Share on Twitter Jan Večerka is the CEO and founder of BrikkApp, a Europe-based company that connects investors with property investment platforms from all across the world helping them to make the right choice. Two in five people would never invest their money — but those who would are most likely to […]

Apple launches COVID-19 ‘Exposure Notification Express’ with iOS 13.7 — Android to follow later this month

Apple and Google are continuing to make good on their planned roll-out of exposure notification technology for helping with COVID-19 contact-tracing efforts. The two partners are introducing new tools that make it much easier for public health authorities to implement digital exposure notification, without the need for developing and maintaining their own individual apps. Apple […]

10 Berlin-based VCs discuss how COVID-19 has changed the landscape

A breeding ground for European entrepreneurs, Berlin has a knack for producing a lot of new startups: the city attracts top international, diverse talent, and it is packed with investors, events and accelerators. Also important: it’s a more affordable place to live and work when compared to many other cities in the region. Berlin ranked […]

To reach scale, Juni Learning is building a full-stack edtech experience

 Juni Learning connects kids with math and science tutors, but co-founder Vivian Shen would prefer not to be lumped in with other edtech startups, despite the sector’s pandemic-born boom. “We’re not just in the middle to take a few percentage points off of each side and pretend like we’re delivering value,” said Shen. “That’s not […]