Spotify launched paid podcast support, Amazon announced the new tablet and revealed the agenda for Hum TC Sessions: Mobility. This is your daily crunch for April 27, 2021.
Big story: Spotify adds support for paid podcasts
First announced in February, Spotify is now allowing podcasters to offer subscriber-only content, published through its anchor podcasting software. Manufacturers choose from three membership levels – $ 2.99, $ 4.99 or $ 7.99 per month.
This comes a week after Apple announced support for paid podcast subscriptions. But where Apple said it would take 30% of the first-year subscription and 15% thereafter, Spotify says it would pass 100% of revenue on podcasters for the first two years, with only 5% starting in 2023. Will charge a fee
Amazon announced new Fire tablets and children’s versions – the Fire HD 10 is thinner and lighter than its predecessor, with pricing starting at $ 150.
Tesla wants to make every house a distributed power plant – CEO Elon Musk said he wants to turn every house into a distributed power plant, using the company’s products to bring energy back to the power grid, store and deliver energy .
Red Hat CEO looks to maintain double-digit growth in second year – Red Hat CEO Paul Cormier is the focal point of IBM’s hopes of change.
Startup, Funding and Venture Capital
Kids-focused Fintech Greenlight has almost doubled to $ 2.3B in the $ 16 million D16Z-led Series D – since it launched its debit cards for children in 2017, the company has raised $ 3 million Established accounts for more parents and children.
Kry closes $ 312M Series D, increases 100% yoy after use of its telehealth tools – during the epidemic, Kry has accelerated to provide a free service for doctors to conduct web-based consultations Stepped up.
Banana Capital’s first fund is for Internet-first founders – you may know her for her viral tweets, but Turner Nowak was not always a master meme producer.
Additional crisis advice and analysis
Internal rates of return to emerging US tech hubs are beginning to overtake Silicon Valley – Angelist analyzed the IRR for nearly 2,500 deals dating back to 2013.
Fifth Wall’s Brendan Wallace and Hippo’s Esaf Wand discuss ProPatch’s biggest opportunities – the pair joined us to discuss such questions as: ProTech’s founding competition, strategic investments vs. top-tier VC firms, and How to build your board?
SaaS subscriptions can under-serve your customers – Adam Riggs argues that software as a service can be a bit interchangeable with the subscription model.
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Announcement of the agenda for TC Sessions: Mobility 2021 – Our guests will include scale AI founder Alexander Wang, Zox co-founder and CTO Jessie Levinson, Neuro’s Amy Jones Satrome and noted investor Reid Doffman.
Taking stock of the VC industry’s progress on diversity, equity and inclusion – a look at the VC Human Capital Survey from the National Venture Capital Association, Venture Forward and Deloitte.
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