Crunch Report | Quora Valued At Around $1.8B

Crunch Report 4/21 Today’s Stories  Q&A app Quora valued around $1.8 billion in $85 million fundraise Elon Musk’s Neuralink wants to turn cloud-based AI into an extension of our brains Duolingo launches paid subscriptions as it experiments with new ways to monetize its service Snap acquires the crucial geofilter patent from Mobli for a record $7.7M Credits Written and Hosted by: Anthony Ha… Read More

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Snap acquires the crucial geofilter patent from Mobli for a record $7.7M

 According to Snap’s S-1 filing for its IPO, of the $400 million in revenues the company has, $360 million is made by selling “Geofilters,” or photo filters based on location, which advertisers can buy. So owning the patent on that concept would seem pretty crucial. But Snap has never had such a patent, until now. Read More

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Yext is set to raise $115.5M in its IPO after final pricing

 Yext today said it would price its initial public offering at $11, meaning the company will raise around $115.5 million in its IPO as it sets up for a debut tomorrow. Yext will be the second enterprise company in the past week alone that will make its public debut tomorrow following this pricing. With Snap’s IPO seen as successful, as well as tech IPOs in general looking good so far,… Read More

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Snapchat launches Bitmoji widget chat shortcuts for your homescreen

 Snapchat is doubling down on private messaging as Instagram and Facebook Messenger clone and steal usage from its Stories feature. Now you can instantly start chatting with your best friends on Snapchat. Instead of digging a chat thread out of Snapchat, users can select their favorite friends, create Bitmoji Widgets for them with their personalized avatars, and click them from their iOS… Read More

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Identity management software provider Okta files for today’s second $100M IPO

Identity management graphic It looks like Snap’s (at least perceived) successful IPO has officially opened the window: Following Yext officially filing for an IPO this afternoon, identity management software company Okta just dropped its official filing for an IPO. Read More

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The New York Micro-Meetup is Monday

 In preparation for Disrupt New York in May I’m going to hold a few pitching workshops in New York for you all. We’ll listen to and critique ten pitches on March 13th at 7pm at the Knotel space at 22 West 38th Street, 4th Floor. This is an informal pitch-off but the two best teams will get two tickets to Disrupt New York and the undying admiration of millions of people (actually… Read More

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