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Customer Trust Is An Opportunity With A Huge Payback

Startup Professionals Musings

With the ITRC 2021 End-of-Year Data Breach Report revealing a 68 percent increase in stolen sensitive personal information, there is a growing population out there worried about all the people intent on hurting them. There are others, like Norton LifeLock , acquired in 2017 by Symantec for $2.3 Don’t take shortcuts on these.

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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

The concept is similar to Toyota’s e-Palette vehicle, which can theoretically be customized to serve as a retail shop, restaurant or shuttle for people. Canoo started as Evelozcity in 2017 by two former Faraday Future executives Stefan Krause and Ulrich Kranz. Canoo company recently opened the waitlist for its first vehicle.

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Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

TechCrunch LA

Canoo began life as EVelozcity back in 2017. The company touts that its different cabins can be tailored to suit the needs of different customers — ranging from commuter vehicles, public or group transportation, delivery vehicles, and private cars. Porsche launches on-demand subscription for its sports cars and SUVs.

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Down bad

TechCrunch LA

Things have already plunged so quickly at the signal of a recession that insiders fear a lengthy bear market could hit crypto far more brutally than expected — tearing tokens to lows far below the highs of the 2017 bull run. Without the promise of riches or with reduced interest in blockchain-based exclusivity, where will consumer demand go?

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Volvo’s Polestar begins production of the all-electric Polestar 2 in China

TechCrunch LA

In 2017, the company was recast as an electric performance brand aimed at producing exciting and fun-to-drive electric vehicles — a niche that Tesla was the first to fill and has dominated ever since. Polestar will only sell its vehicles online and will offer customers subscriptions to the vehicle. Image Credits: Screenshot/Polestar.

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The New Style of Startup Vision: Smaller But Sharper?

Tech.Co

Or are they simply becoming more realistic in what they promise to their customers and their own staff? Our solution for these outdated approaches was and still is, to use data and technology to constantly evolve our decisions around pricing and risk and therefore be able to offer insurance to these customers in a fairer, cheaper way.”

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