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| |  Image Credits: PayPau / Getty Images | | As the COVID-19 pandemic continues to reshape how we live, investor interest in startups building remote-work solutions has never been higher. The rapid shift is creating opportunities, but also challenges: how do companies ensure security when workers are connecting from home? Can managers effectively track productivity and measure performance when no one’s face-to-face? Lucas Matney and Alex Wilhelm reached out to several investors who have funded remote-work startups to better understand “where there’s still more work to be done.” Besides security and compliance, “other items that popped up include front-of-office collaboration and personal remote process automation,” they found. Here’s who they interviewed: - Minn Kim, investor at Bloomberg Beta
- Elliott Robinson, growth equity partner at Bessemer Venture Partners
- Clement Cazalot, managing director of Techstars Boston
- Ryan Kuder, Techstars Anywhere
- Eamonn Carey, managing director at Techstars London, partner at The Fund
- Alexa von Tobel, founder and managing partner of Inspired Capital
Thanks very much for reading; I hope you have a fantastic weekend. Walter Thompson
Senior Editor, TechCrunch
@yourprotagonist Read more | | | |
| |  Image Credits: Anupong Sakoolchai / Getty Images | | Startups that create products and services for America’s churches are seeing a boom: attendees are keeping their distance from each other, but church tech software is helping many congregations adapt. This guest post by an early-stage investor examines six church tech categories that are seeing broad adoption: - church management software (ChMS)
- digital giving
- member outreach/messaging
- streaming/content
- Bible study
- website and app building
Read more | | | |
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| |  Image Credits: Michael Loccisano / Getty Images | | The hardware-enabled service model is catching on: Igloohome and Peloton are just two startups that use subscription models, but more established firms are also looking into ways to create recurring revenue streams. Companies that adopt HaaS models see higher valuations, but they first have to contend with pushback from customers, technical obstacles and other unknowns before they can make the pivot. Read more | | | |
| |  Image Credits: Norwest Venture Partners | | She worked at Facebook and Google before she joined Norwest Venture Partners, so we were glad Priti Youssef Choksi joined us at TechCrunch Early Stage to share her insights about acquisitions. Companies that are shopping for startups are driven by three things, she said — traction, technology and talent. In an interview with Connie Loizos, Choksi discussed acquisitions with regard to deal terms, pricing and how founders can cultivate relationships. Read more | | | |
| |  Image Credits: Garry Tan | | Initialized Capital co-founder and Y Combinator partner Garry Tan spoke to Connie Loizos last week for TechCrunch Early Stage to discuss three mistakes entrepreneurs frequently make. 1. Chasing the wrong problem
2. Founders with too much authority
3. Idea disease “To create something great requires a great amount of authority," said Tan. "But once you've made it, how do you bring it to the world in the right way?" Read more | | | |
| |  Image Credits: Sophie Alcorn | | Dear Sophie: I'm in the U.S. on an H-1B visa. My employer won't sponsor me for a green card, so I'm looking to apply for one on my own. My husband and I are both citizens of Germany, but I was born in India. I've heard that people born in India face waiting decades for a green card. Is there any way to minimize the wait? — Dedicated in Daly City Read more | | | |
| |  Image Credits: Luis Alvarez / Getty Images | | The rapid proliferation of voice assistants is resetting consumer expectations across the board. Instead of scrolling menus, we can ask for a specific song or tell the thermostat to activate the air conditioning. This detailed industry report analyzes the installed base of voice assistant software, tracks usage and adoption, and looks ahead at the technological and cultural shifts that are redefining our relationships to the devices that live in our homes and pockets. Read more | | | |
| |  Image Credits: Talaj / Getty Images | | Emergence Capital’s Jake Saper joined Kirsten Korosec last week during TechCrunch Early Stage to discuss micro- and macro-level strategies for finding the right time to fundraise. Their chat identified the best months for sending a pitch deck, the most common mistakes founders make “to muck up a Series A fundraise,” and examined how COVID-19 forced many to rethink their approach to fundraising (and has created some new opportunities). “So it's a weird year, but it seems like there's a lot of appetite to invest,” Saper said. “Keep that in mind as you're thinking about fundraising.” Read more | | | |
| |  Image Credits: Nappy | | Megan Rose Dickey reviewed several sessions from TechCrunch Early Stage to gather insights for early-stage founders from four VC and founders: - Ann Miura-Ko, co-founding partner at Floodgate on product-market fit
- Jess Lee, partner at Sequoia Capital on identifying your customer
- Ali Partovi, Neo founder and CEO on hiring
- Garry Tan, managing partner at Initialized Capital on finding the right problem
Read more | | | |
| |  Image Credits: Sean824 / Getty Images | | The number of Americans who describe themselves as “religiously unaffiliated” is rising, but with more than 300,000 congregations in the U.S., church tech startups are are drawing serious investor interest. In part 2 of a guest post that examines the sector, we’ll look at some of the companies innovating areas like digital donations, streaming content and messaging services. Despite those strong tailwinds, “there are a number of challenges companies in this space will have to learn to navigate,” however. Read more | | | |
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