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Securiti.ai scores $50M Series B to modernize data governance - techcrunch

Securiti.ai scores $50M Series B to modernize data governance

Securiti.ai, a San Jose startup, is working to bring a modern twist to data governance and security. Today the company announced a $50 million Series B led by General Catalyst with participation from Mayfield. The company, which only launched in 2018, reports it has already raised $81 million. What is attracting all of this investment […]
techcrunch - 13 minutes ago
RealityEngines launches its autonomous AI service - techcrunch

RealityEngines launches its autonomous AI service

RealityEngines.AI, an AI and machine learning startup founded by a number of former Google executives and engineers, is coming out of stealth today and announcing its first set of products. When the company first announced its $5.25 million seed round last year, CEO Bindu Reddy wasn’t quite ready to disclose RealityEngines’ mission beyond saying that […]
techcrunch - 19 minutes ago
72 hours left to save $150 on tickets to TC Sessions: Robotics + AI 2020 - techcrunch

72 hours left to save $150 on tickets to TC Sessions: Robotics + AI 2020

We’re counting the days (35 to be precise) until TC Sessions: Robotics + AI 2020 takes place on March 3 in Berkeley, Calif. But we’re also counting the days that you can save on the price of admission. The early-bird pricing ends in just three days on January 31. Buy your ticket right here before […]
techcrunch - 33 minutes ago
Nutanix execs discuss how they built their 2016 IPO roadshow deck - techcrunch

Nutanix execs discuss how they built their 2016 IPO roadshow deck

Bringing a startup from idea to IPO isn’t an easy task, but if you can build something successful, one major milestone is to go public. Before your Nasdaq debut, however, there’s a major step — building a deck and taking it on the road for investors. Cloud computing company Nutanix went public in 2016, so […]
techcrunch - 45 minutes ago
The robotic fry cook Flippy is getting a new look - techcrunch

The robotic fry cook Flippy is getting a new look

Miso Robotics, the designers of the world’s most popular robotic fry cook “Flippy”, is giving their burger-flipping, french fry prepping robot a new look. The company has designed a new installation for its robotic arm that slots under the hood above a fry station instead of planting the robot on a kitchen floor. It’s a […]
techcrunch - 1 hour ago
Kepler will build its small satellites at a new manufacturing facility in Toronto - techcrunch

Kepler will build its small satellites at a new manufacturing facility in Toronto

Satellite communications startup Kepler will manufacture its small satellites going forward at a new 5,000-square foot facility in Toronto, Ontario, Canada . The company is working with partners including the Canadian Space Agency and the University of Toronto on the new facility, which will also incorporate design and development of its satellites in addition to […]
techcrunch - 1 hour ago
All users can now access Facebook’s tool for controlling which apps and sites can share data for ad-targeting - techcrunch

All users can now access Facebook’s tool for controlling which apps and sites can share data for ad-targeting

Facebook is making its “Off-Facebook Activity” tool, which allows users to manage and delete the data that third-party websites and apps share with Facebook, available to all users worldwide. The feature was first introduced in 2018 at Facebook’s annual developer conference, but only launched to users in select geographies last year. When the tool was […]
techcrunch - 2 hours ago
ServiceNow acquires conversational AI startup Passage AI - techcrunch

ServiceNow acquires conversational AI startup Passage AI

ServiceNow announced this morning that it has acquired Passage AI, a startup that helps customers build chatbots, something that should come in handy as ServiceNow continues to modernize its digital service platform. The companies did not share terms of the deal. With Passage AI, ServiceNow gets a bushel of AI talent, which in itself has […]
techcrunch - 2 hours ago
Directly nabs $20M led by Samsung to help make customer service chatbots more intelligent, adds new CEO - techcrunch

Directly nabs $20M led by Samsung to help make customer service chatbots more intelligent, adds new CEO

Chatbots have had a patchy track record world of tech, where early efforts not only failed to deliver on the magical idea of a computer producing the exact answers you were looking for in a chat-based-Q&A, they even produced surprising (and not in a good way) results instead. Things have moved along, though, and today […]
techcrunch - 2 hours ago
Scroll launches its subscription offering ad-free access across 300 partner sites - techcrunch

Scroll launches its subscription offering ad-free access across 300 partner sites

After a long period of invite-only beta testing, Scroll is officially launching today, offering ad-free access to sites like BuzzFeed News, Business Insider, Salon, Slate and Vox for an introductory price of $2.49 per month. CEO Tony Haile previously led analytics company Chartbeat, and he said he founded Scroll because of his frustration with the […]
techcrunch - 3 hours ago
With Tony Fadell’s help, Advano is building battery components to power an electric future - techcrunch

With Tony Fadell’s help, Advano is building battery components to power an electric future

Using scrap silicon as its feedstock, a New Orleans-based company called Advano has raised $18.5 million to manufacture battery components to enable more powerful, smaller, and longer lasting batteries. The technology was innovative enough to earn the Lousiana-based startup a place in Y Combinator’s famed accelerator and has now attracted the attention of Mitsui Kinzoku, […]
techcrunch - 3 hours ago
Pinterest launches virtual makeup ‘Try On’ feature, starting with lipstick - techcrunch

Pinterest launches virtual makeup ‘Try On’ feature, starting with lipstick

A new Pinterest feature will allow users to virtually try on products, starting with lipstick, before they shop from retailers like Estée Lauder, Sephora, bareMinerals, Neutrogena, NYX Professional Makeup, YSL Beauté, Lancôme, and Urban Decay from L’Oréal. To use the new feature, pinners will first open Pinterest’s smart camera, “Lens,” while in Search, then click […]
techcrunch - 3 hours ago
Cooks Venture raises $4 million from Golden West Food Group to ramp up distribution - techcrunch

Cooks Venture raises $4 million from Golden West Food Group to ramp up distribution

Cooks Venture, the agtech company looking to revolutionize the chicken industry, has today announced the close of a $4 million funding round led by Golden West Food Group. Cooks Venture has been working in stealth for many years, but launched onto the scene in 2018 with a plan to reshape agriculture from the ground up. […]
techcrunch - 3 hours ago
LabCorp website bug exposed thousands of medical documents - techcrunch

LabCorp website bug exposed thousands of medical documents

A security flaw in LabCorp’s website exposed thousands of medical documents, like test results containing sensitive health data. It’s the second incident in the past year after LabCorp said in June that 7.7 million patients had been affected by a credit card data breach of a third-party payments processor. The breach also hit several other […]
techcrunch - 3 hours ago
Pecan.ai launches with $11M Series A to automate machine learning - techcrunch

Pecan.ai launches with $11M Series A to automate machine learning

Pecan.ai, a startup that wants to help business analysts build machine learning models in an automated fashion, emerged from stealth today and announced an $11 million Series A. The round was led by Dell Technologies Capital and S Capital. Along with a previously unannounced $4 million seed round, the company has raised a total of […]
techcrunch - 3 hours ago
Tech valuations versus tech-enabled valuations: 2020 IPO edition - techcrunch

Tech valuations versus tech-enabled valuations: 2020 IPO edition

The value of tech-enabled companies is coming into focus as several American unicorns test the public markets. The data show that some venture-backed companies often grouped with technology companies are worth just a fraction of their tech-first cousins. By tech-enabled business, we mean a company that has a technology element to its operations but doesn’t […]
techcrunch - 4 hours ago
Frontify raises $22.3M to help businesses manage how their brands and logos get used - techcrunch

Frontify raises $22.3M to help businesses manage how their brands and logos get used

The rise of design tools like Canva and the vast expanse of digital spaces where a company’s name can appear these days have created a challenge for organisations: how best to make sure that what gets used is up to date and in keeping with how you want it to be used. Today a “brand […]
techcrunch - 4 hours ago
Chicago’s ActiveCampaign raises $100M for an all-in-one marketing and sales automation platform - techcrunch

Chicago’s ActiveCampaign raises $100M for an all-in-one marketing and sales automation platform

Marketing and sales automation — tools that leverage the advances and data of our digital age to better identify and then interact with customers — is big business, with the whole market expected to generate some $6.6 billion in revenues for related companies by 2025. But “companies” is the operative word here: it’s a very […]
techcrunch - 5 hours ago
Filmic’s DoubleTake app brings simultaneous camera shooting to the iPhone 11 - techcrunch

Filmic’s DoubleTake app brings simultaneous camera shooting to the iPhone 11

Filmic had a solid cameo at the iPhone launch event in Cupertino last September. Such an appearance is always a vote of confidence from Apple. In this particular case, the company was most interested in the ways in which the pro-focused camera app maker was planning to harness the iPhone 11 Pro’s triple-camera setup. The […]
techcrunch - 6 hours ago
Persona raises $17.5M for an identify verification platform that goes beyond user IDs and passwords - techcrunch

Persona raises $17.5M for an identify verification platform that goes beyond user IDs and passwords

The proliferation of data breaches based on leaked passwords, and the rising tide of regulation that puts a hard stop on just how much user information can be collected, stored and used by companies have laid bare the holes in simple password and memorable-information-based verification systems. Today a startup called Persona, which has built a […]
techcrunch - 6 hours ago
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techcrunch
Don’t be a selfless startup

Don’t be a selfless startup

techcrunch - 1 week ago

One of the enduring truths of big companies is that they arent innovative. They are innovative in the marketing sense, but fail to ever execute on new ideas, particularly when those ideas cannibalize existing products and revenues.

So it often takes a real competitor to force these incumbent, legacy businesses to evolve in any meaningful way. Usually that change leads to disruption, in the classic way that Clayton Christensen describes in The Innovators Dilemma. An upstart company creates a new technology or business model that is better for an under-served segment of a market, and as that company improves, it competes directly with the incumbent and eventually wins over its market with a vastly superior product.

Unfortunately, real life isnt so easy, as WeWork and MoviePass have shown us over the past few years.

In both cases, there were incumbents. In movie theaters, you had AMC and the like, who built a business model around ticket sales (shared with movie studios) and food/beverage concessions that targeted occasional customers at a high price point. Meanwhile, in commercial real estate, you had large landowners and family holders who demanded extremely long rent terms at high prices, often with personal financial guarantees from the CEO of the tenant firm.

sauce: techcrunch
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