Sepura Home raises $3.7 million to make your kitchen sink a composter

Here’s a clever new bit of kitchen tech. Victoria, BC firm Sepura recently introduced its eponymous home appliance, which sits under a sink in place of a garbage disposal. There’s an included Bluetooth button, which can be stuck anywhere near the sink. The system itself sits underneath the sink and is designed to hook directly […]

Spiraling costs are killing the mobile gaming space

Mobile gaming is set to reach $315.9 billion this year, according to Statista, but it’s not easy money: Various subscription models, IP, operating costs and how people access games make it an expensive endeavor that can be prohibitive for anyone who wants to try something new or different. Ryan Horrigan, co-founder and CEO of game […]

TechCrunch+ roundup: #OpenToWork reality check, deck-free pitching, ARR growth lessons

Annual recurring revenue is a critical health metric for any subscription-based business. Calculating ARR is easy, but it’s a hard number to budge, as it’s a direct reflection of how well a startup is doing in terms of product-market fit. In his latest column, Sales Kiwi co-founder and TC+ contributor Jonathan Martinez shared five essential […]

These Y Combinator-backed startups are trying to build ‘ChatGPT for X’

The hype around ChatGPT, OpenAI’s viral AI-powered chatbot, hasn’t reached a peak yet. That’s the vibe one gets from Y Combinator’s Winter 2023 batch, which features no fewer than four startups that claim to be building a “ChatGPT for X.” That new ventures are jumping on the ChatGPT hype train isn’t surprising, considering ChatGPT’s virality. […]

SEC charges founder of financial aid startup Frank with defrauding JPMorgan

The U.S. Securities and Exchange Commission has charged Charlie Javice, the founder of student financial aid startup Frank, with fraud in connection with the $175 million sale of the company to JPMorgan Chase Bank in 2021.  JPMorgan filed a lawsuit against Javice in December, alleging that she had helped “fake millions of customers in order […]

Paid Search Glossary (2023 Update)

Do paid search terms have you scratching your head? If so, don’t sweat it. There are about a hundred million trillion of them, and they can get confusing. But don’t worry, we’re here to help you get a base-level understanding of the most commonly used terms that we share with our clients.  We hope you […]

Getting people to try new things IRL with Sarah Peterson from The Nudge

Welcome back to Found, where we get the stories behind the startups. This week Becca and guest host Amanda Silberling are joined by Sarah Peterson from The Nudge, a startup that texts its users ideas of fun things to do in their cities each weekend. Sarah talked about the company’s origin and how they’ve built […]

What’s a fair price premium for startup shares?

What is a fair price premium for a quickly growing startup? The answer is constantly changing, but recent history teaches us that it’s probably not more than 200% over public-market comps. It may even be closer to 100%. It’s not an academic question. Where the startup price premium benchmark settles this year could help determine […]