Spotify launches paid podcast support, Amazon announces fresh capsules and we unveil the agenda for TC Periods: Mobility. This is your Day-to-day Crunch for April 27, 2021.
The immense narrative: Spotify adds support for paid podcasts
As first launched in February, Spotify is now allowing podcasters to give subscriber-most animated advise, published thru its Anchor podcasting application. Creators possess from three subscription tiers — $2.99, $4.99 or $7.99 per month.
This comes one week after Apple launched support for paid podcast subscriptions. However where Apple said it would capture 30% of first-year subscriptions and 15% after that, Spotify says this can gallop 100% of income on to podcasters for the first two years, most animated charging a 5% price initiating in 2023.
The tech giants
Amazon announces fresh Fire capsules and youth editions — The Fire HD 10 is thinner and lighter than its predecessor, with pricing initiating at $150.
Tesla wishes to make every home a distributed vitality plant — CEO Elon Musk said he wishes to turn every home into a distributed vitality plant that would per chance per chance generate, store and even bring energy wait on into the electricity grid, all the exercise of the company’s merchandise.
Purple Hat CEO looks to withhold double-digit improve in second year at helm — Purple Hat CEO Paul Cormier runs the center piece of IBM’s transformation hopes.
Startups, funding and venture capital
Teens-focused fintech Greenlight raises $260M in a16z-led Sequence D, almost doubles valuation to $2.3B — Because it launched its debit cards for youth in 2017, the company has situation up accounts for bigger than 3 million of us and youth.
Kry closes $312M Sequence D after exercise of its telehealth instruments grows 100% yoy — For the duration of the pandemic, Kry rapid stepped in to give a free service for doctors to conduct web-essentially based consultations.
Banana Capital’s debut fund is for web-first founders — You can know him for his viral tweets, nonetheless Turner Novak wasn’t constantly a grasp meme-maker.
Advice and diagnosis from Extra Crunch
Internal rates of return in rising US tech hubs are initiating to overhaul Silicon Valley — AngelList analyzed IRR for almost 2,500 deals courting wait on to 2013.
Fifth Wall’s Brendan Wallace and Hippo’s Assaf Wand focus on proptech’s splendid opportunities — The pair joined us to enlighten about questions like: How would per chance well unbiased serene proptech founders mediate about opponents, strategic funding versus top-tier VC companies and the intention in which you may per chance well per chance build their board?
SaaS subscriptions would be short-serving your potentialities — Adam Riggs argues that application as a service would per chance well unbiased have turn out to be a exiguous bit too interchangeable with subscription units.
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Every little thing else
Asserting the Agenda for TC Periods: Mobility 2021 — Our company will consist of Scale AI founder Alexandr Wang, Zoox co-founder and CTO Jesse Levinson, Amy Jones Satrom of Nuro and illustrious investor Reid Hoffman.
Taking stock of the VC industry’s growth on diversity, fairness and inclusion — A ogle on the VC Human Capital Gape from the Nationwide Project Capital Association, Project Forward and Deloitte.
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