#4/2019

Deals

Maersk, Ports America invest $19M in Loadsmart Smart Drayage initiative (supplychaindive.com)
  • The program uses an API that syncs with a port terminal's operating system, matching containers with trucks based on ease of access, load times, haul distances and other factors. This data is then made available to truckers via a mobile app that enables them to book loads in real time

Experiences startup AmazingCo raises $5.1 million (startupdaily.net)
  • Offers things such as mystery picnics, wine tours, social impact activities and team building events for couples, friends, families and work teams
  • More than one million people using the platform, which uses Netflix-like data insights to find the right experiences for people

Reading

Another high-flying, heavily funded AR headset startup is shutting down (techcrunch.com)
  • Daqri, which built enterprise-grade AR headsets, has shuttered its HQ, laid off many of its employees and is selling off assets ahead of a shutdown
  • Meta, an AR headset startup that raised $73 million from VCs, including Tencent, also sold its assets earlier this year after the company ran out of cash
  • Daqri had raised $275 million in funding. The remaining head-worn AR division failed to gain momentum after prolonged setbacks in adoption of its AR smart glasses, including difficulties in training workers to use the futuristic hardware

The CEE ecosystem has matured tremendously: Interview with Credo Ventures co-founder Ondrej Bartos (eu-startups.com)
  • We invest in technology startups, with no further specialisation. We generally believe our region can produce awesome companies in B2B enterprise software more so than consumer facing hardware products
  • Invested in 45 startups and made 8 exits. Currently investing out of third fund
  • In 2010 we received some 300 business plans, this year we’ll probably see over 1,500 decks and presentations

What College Admissions Offices Really Want (nytimes.com)
  • Harvard started covering tuition for students whose families were earning less than 40,000 USD/year. In first year the number of low-income students in Harvard’s 1,600-student freshman class increased by about 20
  • Enrollment managers know there is no shortage of deserving low-income students applying to good colleges. They regularly reject them — not because they don’t want to admit these students, but because they can’t afford to
  • Only 3 percent of admissions officials nationwide said they thought the “America’s Best Colleges” list accurately reflected the actual best colleges in America, and 87 percent said the list caused universities to take steps that were “counterproductive”
  • The highest-ranked colleges and the ones with the lowest acceptance rates and the largest endowments — admit very few low-income students and very few black and Latino students. Almost perfect correlation between institutional selectivity and students’ average family income

In case you are interested in helping us with evaluating some companies and industries or you just want to discus any of these articles, feel free to reach out to Roman from Presto Ventures at roman@prestoventures.com or Linkedin.

Comments

Popular posts from this blog

#10/2020

#15/2020

#16/2020