Six things venture capitalists are looking for in your pitch

Founders pitch venture capitalists at every available chance, which is why most of them quickly develop the skills required to identify whether someone is offering them an opportunity or wasting their time. At TechCrunch Early Stage, I chatted with NFX Managing Partner James Currier about how founders can find the right investors and what they… Continue reading Six things venture capitalists are looking for in your pitch

Lyft: Lyft To Announce Second Quarter 2020 Financial Results

SAN FRANCISCO, July 27, 2020 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) (the “Company” or “Lyft”), today announced that it will release financial results for its second fiscal quarter ended June 30, 2020 after the close of the market on Wednesday, August 12, 2020. On the same day, Lyft will host a conference call at 1:30… Continue reading Lyft: Lyft To Announce Second Quarter 2020 Financial Results

ALYI Confirms Electric Delivery Truck For Sub Saharan Africa

DALLAS, July 27, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today confirmed plans for producing and selling electric delivery trucks in Africa made of hemp and powered by hemp batteries. Further design details are expected to be revealed later this year.  The company CEO Dr. Randell Torno, first announced the electric delivery vehicles last September in an… Continue reading ALYI Confirms Electric Delivery Truck For Sub Saharan Africa

@FaradayFuture: Automated Power Side Doors

Seamless Entry It has been said of art and vehicle design that only the arrangement is new. In other words, everything has been done before and it is only which elements we bring together and how we compose them that make a new design truly unique. This was our mindset when we designed the seamless entry… Continue reading @FaradayFuture: Automated Power Side Doors

Gett raises $100M more to double down on its B2B on-demand ride business

A number of ride-sharing companies are feeling the strain from reduced business, with many consumers still reluctant to travel, and especially to travel in surroundings that might increase the risk of spreading or catching the novel coronavirus. But today, one of the startups in the space is announcing a significant round of funding to continue growing… Continue reading Gett raises $100M more to double down on its B2B on-demand ride business

Self-driving industry takes to the highway after robotaxi failure

When Sebastian Thrun was starting Google’s self-driving car project in 2009, commercialising the technology was not on anyone’s mind. “We focused on the technology more than anything else, not the go-to-market plan,” he says. “That might sound bizarre, but we all knew that if we could solve this problem, then you could do what you… Continue reading Self-driving industry takes to the highway after robotaxi failure

This VC just raised $150 million to invest in ground transportation startups. He says there are better opportunities than trying to find the next Tesla. (AAPL, LYFT, TSLA)

Quin Garcia’s venture firm, Autotech Ventures, is on the lookout for new deals. Autotech focuses on startups that are involved in ground transportation in some way, but instead of looking for the next Tesla, it invests in those making software or services or that are developing marketplaces. It’s already had some notable successes — it… Continue reading This VC just raised $150 million to invest in ground transportation startups. He says there are better opportunities than trying to find the next Tesla. (AAPL, LYFT, TSLA)

ALYI – Alternet Sustainable EV Ride-share Business Accelerates Amid Industry Momentum

DALLAS, July 7, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today confirmed a $2.5 million prefunding deal in conjunction with a recently announced $25 million first tranche investment at a $50 million enterprise valuation that is anticipated to close within the next 90 days (see more investment details below). The $2.5 million confirmation is made in… Continue reading ALYI – Alternet Sustainable EV Ride-share Business Accelerates Amid Industry Momentum

Lyft: Continued Momentum Through Simulation

By: Robert Morgan, Director of Engineering and Sameer Qureshi, Director of Product Management We’re excited to announce that our autonomous vehicles (AVs) are back on the road — and that during the shelter in place we continued to make progress by doubling down on simulation. Simulation is an important part of our testing program, enabling us to… Continue reading Lyft: Continued Momentum Through Simulation

Amazon Shakes Up the Race for Self-Driving—and Ride-Hailing

Uber CEO Dara Khosrowshahi says his company wants to be the “Amazon for transportation.” Friday, Amazon made clear that it intends to be the Amazon for transportation. The ecommerce giant said it had agreed to acquire Bay Area–based autonomous vehicle company Zoox, a deal reportedly worth more than $1 billion. (Amazon did not respond to… Continue reading Amazon Shakes Up the Race for Self-Driving—and Ride-Hailing