Startups Weekly: Will Trump ruin the unicorn IPOs of our dreams?

The government shutdown entered its 21st day on Friday, upping concerns of potentially long-lasting impacts on the U.S. stock market. Private market investors around the country applauded when Uber finally filed documents with the SEC to go public. Others were giddy to hear Lyft, Pinterest, Postmates and Slack (via a direct listing, according to the latest reports) […]

Postmates lines up another $100M ahead of IPO

Postmates, one of the earlier entrants to the billion-dollar food delivery wars, has raised an additional $100 million in equity funding at a $1.85 billion valuation, as first reported by Recode and confirmed to TechCrunch by Postmates. The round comes four months after the eight-year-old startup drove home a $300 million investment that finally knocked […]

In emerging markets there are no copycats, just budding entrepreneurs

Federico Antoni Contributor Federico Antoni is managing partner at ALLVP, an early-stage VC based in Mexico. He is a lecturer in management at the Stanford Graduate School of Business. More posts by this contributor Not another AI post The rise and rise of Mexican fintech Every year I teach an MBA course at Stanford about […]

Postmates unveils Serve, a friendlier autonomous delivery robot

San Francisco partially banned delivery robots because they obstructed pedestrians, so Postmates built one with eyes, turn signals and a mandate to yield. Serve is Postmates’ new cooler-meet-autonomous-stroller that it hopes can cut costs and speed up deliveries. The semi-autonomous rover uses cameras and Lidar to navigate sidewalks, but always has a human pilot remotely monitoring […]

Instacart taps Postmates to help with deliveries in SF during peak demand

Instacart has tapped Postmates to offer better delivery services during peak hours in a San Francisco pilot. While Instacart will still handle all the shopping for its customers, it will hand off some deliveries to Postmates at times when there is high demand on the Instacart platform. Postmates, obviously, has offered delivery-as-a-service for merchants and […]

Order-ahead app Ritual picks up $70M to rethink the social office lunch break

While DoorDash, Postmates and other apps are looking to reimagine what the food delivery experience looks like, Ray Reddy says he wants to figure out what the next generation of a food court looks like. Sort of. Reddy’s startup, Ritual, aims to remake the whole process of leaving your office and walking around five minutes […]

On-demand shipping startup Shyp is shutting down

After rocketing to a $250 million valuation in 2015 amid a massive hype cycle for on-demand companies, on-demand startup Shyp is shutting down today. CEO Kevin Gibbon announced that the company would be shutting down in a blog post this afternoon. The company is ending operations immediately after, like many on-demand companies, struggling to find […]

Grabr gets $8M to connect travelers with luggage space with those longing for products abroad

You might get to actually save money while you’re traveling if you just leave some free space in your bag — or not pay for that travel at all — if Daria Rebenok’s plan plays out. As avid travelers, and ones longing for products from home they can’t get abroad, she and Artem Fedyaev decided to start […]

Crunch Report | The tech companies helping to educate the public on fake news and how to get free Postmates Unlimited

 Today’s Stories: These tech companies want to get rid of fake news; Say goodbye forever to Facebook app invites; Apple is giving out free Postmates Unlimited; Mashable sells to Ziff Davis; Virgin Hyperloop One goes to India. Read More (adsbygoogle = window.adsbygoogle || []).push({});

Apple is giving away free Postmates Unlimited subscriptions

 If you use Apple Pay to sign up for Postmates Unlimited, you’ll be able to get free deliveries on orders over $20 and no peak hour price surging for the next 45 days, MacRumors first reported. To qualify for this promotion, you need to sign up by November 23. You can, of course, cancel your […]