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Starting an E-Commerce Business in 2021? Keep These 6 Key Trends in Mind

StartupNation

If you’re thinking about starting an e-commerce business, you’re in good company. E-commerce is booming, with sales from last year’s Black Friday and Cyber Monday hitting $10.8 And growth is only accelerating: by 2022, the global e-commerce market is expected to reach $6.5

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TryNow raises $12M to bring try-before-you-buy, Prime Wardrobe as a service to online retailers

TechCrunch

Now, a startup that’s built “Prime Wardrobe as a service” to help smaller competitors offer its shoppers the same experience is announcing some funding to expand its business. TryNow claims that using its service can help brands grow average order value by 63%, conversion rates by 22% and return on ad spend by 76%.

VC 101
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Arena raises money from Peter Thiel and David Petraeus for its decision-making AI

TechCrunch

But that’s what startup Arena claims to do, fueled by a round of funding ($32 million) led by Initialized Capital and Goldcrest Capital along with Founders Fund, Flexport and a colorful cast of characters, including retired general David Petraeus, Peter Thiel, and Y Combinator CEO Michael Seibel.

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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade. Put off by high taxes and paperwork in their home country, many Italian entrepreneurs moved to places like London in years past to startup. Will the coronavirus stymie their efforts?

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How the pandemic drove the IPO wave we see today

TechCrunch

I had a neat look into the world of mental health startup fundraising planned for this week, but after being slow-motion carpet-bombed by S-1s, that is now shoved off to Monday and we have to pause and talk about COVID-19. Great business, even if Roblox warned that growth could slow sharply next year, when compared to its epic 2020 gains.

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TechCrunch+ roundup: eVTOL takes off, pivoting with agility, when to hire a lawyer

TechCrunch

From the outside, a startup that makes multiple pivots might look like it lacks direction. Dear Sophie, I live in India and run a startup here, but most of my clients are based in the United States. I also have a Delaware C Corp we established before the pandemic. When should an early-stage startup hire a full-time lawyer?

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The gig economy, cannabis and car data are tech-election winners in 2020

TechCrunch

Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. The US is settling in for some new form of national gridlock, but state and local propositions are busy defining how technology businesses will be allowed to work (legally) in the US. Subscribe here.