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Whatâs happened this week in the Tech & Startup world? đ We launch our own virtual club, take a peak into the world of investment memos and a Tesla competitor gains traction.
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The Grapevine Newsflash đ„
10 tech & startup stories in 112 seconds.
đ° How Profitable Is Amazon? Amazon is a complex beast offering e-commerce, advertising, AWS, payments, hardware and now brick and mortar stores. Check out these great graphs and associated analysis on how Amazon really makes it money.
đThe Fintech 250! CB Insights have launched their annual infographic of the top 250 global fintech startups. 32 of these companies are unicorns, 54% are US based and between them they have raised $49bn in funding since 2015. Take a look for yourself here.
đșïžDeepMaps? Google DeepMind have used Machine Learning to improve the accuracy of ETAs on Google Maps. Read this fascinating blog about how they did it here.
đĄ Watch Out Tesla! General Motors has taken a $2bn stake in electric truck startup Nikola. Read more about the partnership here.
đ§ Pure Wisdom. Watch this incredible interview with Jeff Weiner, the former CEO of Linkedin, on company culture, compassionate management, and his vision for Linkedin. His vision might surprise youâŠ.
đȘStarling Launches Kite, a Current Account for Kids! Kite costs ÂŁ2 a month, and offers parents a number of features to support and control their childâs financial life. Read more here.
đ§ AI DJ? Google Magneta has launched a machine learning game to help you create and share your own music. Have a go yourself here or checkout the âThe Grapevine Vibe Roomâ here.
đč U-Turn Having upended the gaming industry when he left live-streaming site Twitch for Microsoftâs âMixerâ (which subsequently closed), Ninja A.K.A. Tyler Blevins has announced his return to Twitch. Even after leaving the platform, heâs still the #1 streamer on the site with 15m followers. Not a Fornite kind of person? Live-streamed Chess is the newest craze.
đ The Future Author of âThe Lean Startupâ, Eric Ries, has launched the The Long-Term Stock Exchange. It aims to attract companies considering going public that are committed to environmental, social & governance principles. It represents a shift into emphasis on fundamental value to the economy, rather than how often shares change hands.
đ On The Ball Ever been interested to know how VCs spot and analyse companies before they take off? One of the best in the business, Bessemer VP, has open-sourced many of their memos for the first time. This includes Shopify, Pinterest, Yelp, LinkedIn & Twitch.
A Positive Spin
We donât need to tell you about whatâs going on in the world this week; but we do want to highlight companies, startups and technology thatâs being used to positive effect people and movements across the globe today.
đ„Diversity VC, a UK-based non-profit partnership, launched itâs new âstandardâ for VCs. It intends to be a symbol for firms following diversity & inclusion best practice. It goes beyond solely investments to look at areas like hiring, deal flow, internal policy & culture. Time to get on-board.
đ Wildfires are ripping through California at the moment. You only need to view pictures like these to see whatâs going on. Luckily, entrepreneurs are coming to help. Take a look at whatâs being done here.
Bonus: Didnât get a chance to get some sun this summer? Want to feel like youâre at the beach. Weâve got the perfect substitute - Poolside fm đŽ
Why need a favour! đđđ
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