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Jack Dorsey and Jay Z create a bitcoin endowment, Datadog acquires a Startup Battlefield company and BuzzFeed experiments with AI-generated quizzes. The Twitter founder and rapper/entrepreneur have put 500 bitcoin (currently worth more than $23 million) into an endowment called trust, which Dorsey said is being set up as a blind trust.
Now, as the world glimpses a brighter, post-pandemic future, we are doubling down on the news and analysis that’s helped many early-stage companies make better decisions.
We spoke to Metromile CEO Dan Preston about what the day meant for his company and learn more the SPAC process for our own enjoyment.
Reddit raises more funding, Shopify expands payments to Facebook and a study suggests that the Apple Watch might be able to predict COVID diagnoses. This is your Daily Crunch for February 9, 2021. The big story: Reddit raises $250M This latest funding announcement comes after Reddit has returned to the headlines, with the WallStreetBets subreddit […]
What we learn today will hopefully bear on other insurtech startups that want liquidity during the current cycle.