Leveraging resources such as virtual data rooms and shared labs makes it easier for biotech startups to grow. This is good news: We need more companies attacking cancer from novel angles.
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Tech's ability to reinvent the wheel can mean ignoring truths that others have learned. But new founders are sometimes figuring it out for themselves faster than predecessors.
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"Number Go Up: Inside Crypto’s Wild Rise and Staggering Fall" by investigative reporter Zeke Faux has several chapters on FTX's founder, Sam Bankman-Fried, but it's also about crypto more broadly.
Anduril is symbolic of a trend in which defense tech and venture capital dollars are no longer antithetic.
"Accessibility is a human right," reads a sticker from the Howe Innovation Center. And for sure, it is great to see startups help companies make this a reality.
French battery maker Verkor secured more than €2 billion (around $2.1 billion) to build its Dunkirk gigafactory, which is set to be operational by 2025.
Some fintech companies are weathering the storm better than others and seeing an end in sight.
Managing returns efficiently is a necessity for online sellers; to keep their customers happy to retain them, but also because reducing their environmental impact becomes no longer optional.
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Can startups help solve the U.S. housing crisis? BuildCasa thinks so. It raised a $3.5 million round of pre-seed funding to let California homeowners build new homes in their backyards. — Anna
Leveraging new zoning laws
There aren’t enough homes in the U.S., which would need another 3.8 million units of housing to fill the gap, Axios recently noted, citing data from Freddie Mac. And while causes and consequences are open to debate, it shouldn’t be too controversial to say that increasing housing supply is part of the solution.
What does this have to do with startups, you may ask? Quite a bit, it turns out: New business models have emerged as a result of recent laws that aim to solve the housing shortage.
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Today I’m looking at subscriptions in India from two angles: the consumer market and B2B SaaS. — Anna
From subscriptions to sachets
A recent story by my colleague Jagmeet Singh about a wearables launch caught my eye because neither of the two new smart rings launched in the Indian market would employ a subscription-based model.
Subscriptions are a tough sell for wearables (and hardware in general), because you have to keep paying even as the device gets older. That’s still the model that incumbent Oura shifted to, arguing that this allows it to continually add new features. Its user base wasn’t happy about the switch, though.
In contrast, BoAt, one of the two companies launching a smart ring in India, is aiming for a price tag below $80. That’s much lower than Oura’s $299 starting price, and it doesn’t even include the subscription.