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Energica CEO plots her Italian EV company’s reboot from lockdown

TechCrunch LA

There could be more demand for electric vehicles post COVID-19 crisis, believes Energica founder Livia Cevolini. One of those is greater demand for EVs after the pandemic. Before the health crisis shutdown most of Italy, Energica had already seen larger demand for its high-performance e-motos, with a price range of $17,000 to $23,000.

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Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

TechCrunch LA

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. — Tyler Babin (@Tyler_Babin) March 11, 2019. New work with @flybladenow pic.twitter.com/eONvKU3rhM.

Van Nuys 279
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Sundae snags $36M to build out its distressed property marketplace

TechCrunch LA

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282
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Just raises $8M in its effort to beat Root at the car insurance game

TechCrunch LA

million since its January 2019 inception. “The [Just] per mile price that a customer gets can change every month. Also, with so many people shifting to working from home over the last year, Just says it has seen increased demand this year. For its part, MetroMile charges customers a base rate plus a per mile rate.

Startup 203
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6 Building Blocks Make Amazon A Global Market Leader

Startup Professionals Musings

At Amazon, Jeff Bezos leads a relentless drive to invent dramatic new ways to delight customers, not waiting for customer demands or competitors to show the way. Their pricing algorithm crawls the Web daily, and adjusts prices to always match the lowest price found anywhere, offline or online.

Marketing 123
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8 Key Disciplines Are Essential To Scale Any Business

Startup Professionals Musings

Control costs and adjust prices to maintain your margin. It’s amazing how fast copycat competitors can spring up, as you attempt to scale, and how fast customers will switch to new innovations and lower prices. With that first wave of customers comes a whole set of additional demands on your time and energy.

Metrics 86
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10 Realities Today Cause Startups To Bypass An IPO

Startup Professionals Musings

According to a recent Ernst & Young global report , the first half 2019 global IPO activity slowdown continued, following an unusually quiet Q1 2019 as ongoing geopolitical tensions and trade issues dampened IPO sentiment. The M&A alternative looks simple by comparison. Constant pressure to increase earnings.

Startup 84