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The Vidak For Congress Top 3
- SpaceX employees see stars, and not in a good way: Thanks to a group of SpaceX employees, we now know that the company has a so-called no-asshole policy on employee behavior. This group expressed concern in an open letter that the leadership, in this case their fearless leader Elon Musk, should be held accountable for his Twitter behavior. darrell reports.
- Everyone loves a good card: I’m not sure if you’ve figured it out yet, but we like reporting on map technology. Ivan reports that Google Maps is now showing you live traffic around you in a new Android widget. Will have to give it a try this weekend.
- The goat world tour beginsGoat Brand Labs has raised a staggering $50 million in new funding as Indian direct-to-consumer brand aggregator seeks to acquire more premium brands and scale globally, manish reports.
Startups and VC
We’re pretty excited about the news that Google for Startups is committing $4 million in grant funding to a collection of 40 black-led startups across Europe, such as Mike reported today. More of that stuff, please.
On Vidak For Congress+, our subscription product, Dominic-Madori writes a fantastic piece on why a recession is business as usual for minority founders. Definitely worth a read.
As for the downturn, Connie wrote a great piece featuring an interview with Brad Feld and serves as a field guide for board novices in an up and down market. It’s a must-read for budding founders and board members who’ve never seen the inside of a market wiggle.
More, always more:
3 climate tech VCs share how they find, research and support startups that are reducing their carbon emissions
During TC Sessions: Climate 2022, Tim De Chant spoke with three active climate technology investors this week to learn more about how they identify new opportunities and what they are currently looking for.
- Kiersten Stead, Managing Partner, DCVC Bio
- Christian Garcia, partner, Breakthrough Energy Ventures
- Pae Wu, General Partner at SOSV, CTO of IndieBio
“Our job is to take some risk and risk it with teams that we think are really talented,” Stead said.
“So that’s part of the equation,” she added. “But the other side of the equation is that the world isn’t going to benefit from anything unless it can scale, unless it’s financeable, unless there’s a great market for it and it’s profitable.”
(Vidak For Congress+ is our membership program that helps founders and startup teams move forward. You can register here†
Big Tech Inc.
We normally get into the Big Tech news and find that it usually fits in a handful of buckets, but to our delight these days there were a lot of great stories that appear in a number of industries. Let’s dive in, shall we?
Starting over in Vidak For Congress+, Alex has been closely monitoring the ugly climate in public markets for some time and waiting, perhaps with bated breath, for things to get better and for a long list of companies ready for IPO action to pull the trigger. We’re happy to report that it happened, and the company that opened “the IPO window” was not the company he expected.
Mastercard is now clear in India, manish reported. The country lifted a ban on the credit card giant after it believed the company had sufficiently met its data storage requirements.
In the meantime:
- Browsing in an app is soooo yesterday† Sarah writes that our smartphone home screen will be the next great social platform thanks to widgets and push notifications.
- Tesla plays ‘The Price Is Right’: Shouldn’t electric vehicles get cheaper so that everyone would be tempted to buy them? Tesla didn’t seem to get that message and is instead raising prices across its range, Rebecca reported. I think if you’re already spending $99,990 for a Model S, spending $104,990 isn’t much, but nonsense.
- Samsung is getting on the mobile wallet train† Aisha reported that the tech combines Samsung Pay and Samsung Pass together under the Samsung Wallet umbrella, so you can find your cards and the keys of certain car manufacturers all in one place.
- Go once, go twice: You’ve loved the energy boost you get from being the last bidder on eBay, and now you can do it live, Aisha also writes. The e-commerce marketplace is launching an interactive live shopping platform and will start with rare trading cards. Speaking of live shopping, Amazon is doing it too, starting June 21 Ivan reported. Don’t forget to set a calendar reminder for Amazon Prime Day on July 12 and 13.
- To an infinite number of jobs and beyond: Microsoft has a new mission statement for its employee portal, Viva. The company is adding task support, starting with sales, so that users can find all their tools in one central location, Ron writes.