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Report: Strong Q1 2020 In Venture Capital, But Downturn Expected

socalTECH

The National Venture Capital Association (NVCA) says that Q1 2020 venture capital investments had a "strong showing" in Q1, however, it expects that the impending economic downturn due to the COVID-19 pandemic will slow activity through the rest of the year. According to the NVCA, and its PitchBook-NVCA Venture Monitor, there was $34.2

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Shopify Plots Amazon Affiliate Marketing Attack

Tech.Co

Shopify is planning to strike a blow at Amazon by entering the affiliate marketing space. But, it also represents another swipe at Amazon's near-monopoly control of the affiliate marketing space. Why Would Shopify Expand into Affiliate Marketing? Put simply, affiliate marketing is big business. Considering Shopify?

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Report: Online Events, Webinars To Replace Live Events In 2020

socalTECH

El Segundo-based Aggregage said this morning that it has run a survey of publishers, and found that a 70 percent of marketer are expected to cancel all or some of their live events for the next 60 days, and nearly 25 percent plan to cancel some or all of their live events for the next six months.

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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

Tech solutions for such pressing issues as the climate crisis and social inequality have seen a 280% increase in global VC investment from 2015 to 2020, while investment in this space more than doubled in both cities over the past five years. 2020 is set to be a record year for London’s impact tech companies, which have received $1.2

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Report: 33% of US Small Businesses Couldn’t Pay Their Rent Last Month

Tech.Co

The rent crisis is getting worse, according to a new report that found a full third of all small and medium-sized businesses are behind on their rent for the month of May. The new data comes from small business networking site Alignable, which released its Q2 Rent Report at the start of the month. What's driving the crisis? newsletter.

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Bird Sees Record Results, Adds New E-Bike

socalTECH

The company said the results are a 477 percent increase from the same period in 2020, when it only had revenues of $10.4M. Bird appears to be benefiting from the surge in the economy as pandemic restrictions have loosened, especially compared to Q2 of 2020, when most of the world was locking down due to the spreading COVID-19 pandemic.

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Jurny Reports Record Growth, Despite Pandemic

socalTECH

According to the startup, it saw 400% year-over-year growth in 2020, spurred by interest in its contactless check-in and entry technology. Jurny connects consumers with high-end branded suites and apartments owned by independent property and hotel owners for short-term stays.