| Khadeeja Safdar / Wall Street Journal: |
Profile of Gloo, which has ~245M profiles on Americans and is used by 30K+ churches, or 10% of US churches, to target ad campaigns at people facing a crisis — A small company called Gloo mines online data for people who might be receptive to evangelizing and church outreach — Struggling with grief?| sreegs: |
| Balaji Srinivasan: |
Exploring the concept of mirrortables, where a company's cap table is mirrored on-chain with Ethereum and ENS or other Web3 tools, to streamline angel investing — Mirrortables are to cap tables what stablecoins are to fiat currencies. They streamline and internationalize the logistical mess of angel investing.| Joanna Glasner / Crunchbase News: |
Most VC-backed startups that went public via a SPAC in 2021 have seen their stock drop; Metromile, View, Owlet, and Clover Health are among the worst performers — The overwhelming majority of venture-backed companies that went public via special-purpose acquisition companies, or SPACs … | Kieran Press-Reynolds / Insider: |
A TikTok moderator sues the company for an unsafe workplace that gave her PTSD; her lawyer says TikTok stopped her from working a day after the suit was filed — - A TikTok content moderator is suing the company, alleging it did not provide a safe workplace.| Shannon Liao / Washington Post: |
Riot Games agrees to pay $100M to settle a 2018 class-action gender discrimination lawsuit with current and former women employees and California state agencies — “League of Legends” publisher Riot Games announced Monday that it is settling a 2018 gender-based discrimination class-action suit … | David McCabe / New York Times: |
A look at OneTrust, BigID, TrustArc, and other startups helping companies navigate the internet's increasingly fragmented rules and privacy regulations — Companies have sprouted up to help others navigate the varied laws around the world governing websites.| Wall Street Journal: |
PitchBook: nearly 340 startups have privately raised money at $1B+ valuations in 2021, more than triple the total from 2020 — SPACs and venture capitalists are plowing money into startups at record rates, looking past worries about lofty valuations — Investors are defying a share-price slump … | John D. McKinnon / Wall Street Journal: |
Democrats, eager to rein in social media and other internet platforms, urge Biden to focus on tech regulation, before Republicans can retake the House or Senate — White House ‘not a really active presence’ amid legislative efforts to rein in social media and other internet platforms| Eric Ravenscraft / Wired: |
A critique of much-hyped crypto-based virtual real estate projects, such as Decentraland, which are often buggy, empty, and lack moderation tools — The “real estate of the future” is plagued by buggy software, empty servers, and huge opportunities for abuse.| Manish Singh / TechCrunch: |
Indian neobank Jupiter raises an $86M Series C at a $711M valuation, up from ~$300M in August, as it prepares to launch lending and wealth management services — Industry veteran Jitendra Gupta's consumer-focused neobank Jupiter has raised about $86 million in a new financing round … | Chris Metinko / Crunchbase News: |
129 VC-backed cybersecurity companies were acquired in 2021, shattering 2020's record of 79 deals, while $20B+ funding poured into cybersecurity startups — Even in a year where few cybersecurity startups had problems raising money, a record number of venture-backed companies also saw exits through acquisition in 2021.
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| Robert Stevens / Decrypt: |