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CONGRATULATIONS TO CONTROL LTD – THE LATEST WINNER OF BEN FRANKLIN’S PITCH EVENT!   

Ben Franklin Technology Partners

On Tuesday, June 14, 2022, beginning at 2:00 PM, the teams pitched their business concepts to a panel of independent judges for a cash prize of $10,000! The team of Seth Pheng and Soph Horn at Control LTD, took first place with their concept for a patented, healthy dosing system for patients using cannabis.

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How Duolingo became a $2.4B language unicorn

TechCrunch

The product-led growth behind edtech’s most downloaded app (3,000 words/12 minutes). If you enjoyed my series, make sure to check out other EC-1s and subscribe to ExtraCrunch to support me, this newsletter and the rest of the team. Literally moving us along: Can solid state batteries power up for the next generation of EVs?

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Twig takes $35M to turn stuff you own into a way to pay

TechCrunch

The startup was only founded in mid 2020 — launching its service in the UK last July — but it touts rapid domestic growth (100,000+ monthly downloads of its apps; reaching sixth position in the iOS App Store’s top finance apps); and is already gearing up for international expansion.

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The Future of Music: How Generative AI Is Transforming the Music Industry

Andreessen Horowitz

Soon after, Google unveiled MusicLM, a text-to-music tool that generates songs from a basic prompt; Paul McCartney used AI to extract John Lennon’s voice for a new Beatles track; and Grimes offered creators 50% of the royalties for streams of songs that used an AI clone of her voice. into another person’s voice.

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Alternative VC Tech Stack: Chisos structured finance

David Teten VC

Q: What are the tools you’re using for your front office: sourcing , LP relations, investing analysis, etc.? Calendly speeds up scheduling for pitch call Q: What are the tools you’re using for your middle office: tracking, risk management, etc.? Q: Do you see any room to use AI to exploit your dataset? Yes, absolutely.

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Founded by Google’s former head of ads, Neeva brings its ad-free search engine to Europe

TechCrunch

market in June last year , later going on to add a free “basic” tier to the mix with certain restrictions in place. By default, Neeva uses a person’s IP address to “infer” where the user is, though based on my tests, it was several hundred miles off. Neeva search engine. Tripadvisor. Image Credits: Neeva.

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How would you break down the process of raising an angel round of investment in 5-10 steps?

Gust

It sounds obvious, but the majority of entrepreneurs who pitch me have obviously never thought through many of the major issues surrounding their companies. A good beginning would be Bill Payne’s The Definitive Guide to Raising Money from Angels, available as a free download from [link]. Understand your business.

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