Coupang and Roblox debut, driving GPT-3 adoption, startup how-tos, more – TechCrunch

Extra Crunch publishes a variety of articles, but Topps is my favorite category.

For many entrepreneurs, the startup they are trying to land may be only the second entry on their resume. As a result, they do not have much experience when it comes to the basics like hiring, fundraising and marketing development.

Last week, Natasha Mascarenhas interviewed experts who had some strategic advice to find the right time To bring a product manager on board. This afternoon, we published a guest post by Growth Market Jessica Lee in which “How Non-Tech Talent Can Build Relationships With Deep-Tech Companies

We have also received a great response to a recent guest post Bootstrapping Options for SaaS Founders Written by a founder who actually did it.


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If you have some startup-related “how” and “why” questions, please browse our Extra Crunch for Stories. They are early-stage founders and workers trying to solve long-term problems.

Thanks so much for reading Extra Crunch this week! I hope you have a relaxing weekend.

Walter thompson
Senior Editor, TechCrunch
@yourprotagonist

Welcome to Bloxburg, Public Investors

San Francisco, CA - SEPTEMBER 05: Robel Corporation founder and CEO David Baszuki speaks on stage during Day 1 of TechCrunch Dysfunction SF 2018 at the Moscone Center on September 5, 2018 in San Francisco, California.

Image Credit: Steve Jennings / Getty Images

As Robel began trading on Wednesday, shares of the company shot above its reference price of $ 45 per share. It has rarely happened if Robox, a child-made gaming company, has paved the way for public markets.

Looking at Robel trading far above its direct listing reference price and a final private valuation appears to ease the argument that such a start could resolve the pricing issues inherent in more traditional IPOs.

4 ways startups to adopt GPT-3 in 2021

Robotic paper holding pen, space for text

Image Credit: Zastrozhnov (Opens in a new window) / Getty Images

Trained at Trillions of Words, the GPT-3 is a 175 billion parameter transformer model – the third of such models released by OpenAI.

GPT-3 is notable in its ability to generate human-like text and responses, capable of returning consistent and occasional emails, tweets, trivia and more. In 2021, this technology will provide the power to launch a thousand new startups and applications.

There has never been a $ 100M + fintech round compared to now

We are in an all-time record investment period for so-called mega-rounds, or investing $ 100 million or more within the fintech realm.

To date, Q1 2021 is ahead and thus guaranteed to set a new record, having already bested all highs. what’s going on?

Global-e files going public as an e-commerce startup enjoy a renaissance

Global-E, an e-commerce platform that helps online sellers reach global consumers, has filed to go public on Tuesday. The global-e business exploded amid the epidemic in 2020, and the company hopes the COVID-fuel shift to e-commerce will only drive future growth.

Passive collaboration is essential for the long-term success of remote work

Afro-Caribbean woman Kovid works from home during lockdown

Image Credit: Alastair Berg (Opens in a new window) / Getty Images

Have you ever been to a meeting because you heard an excerpt from a conversation and wanted to share your perspective?

It is passive collaboration – a low-friction way to invite new ideas. But it is only when we become able to fully realize passive collaboration that we have unlocked the full potential of remote and hybrid work conditions.

Dear Sophie: What are the pros and cons of H-1B, O-1A and EB-1A?

In the center is an American flag, the lone figure at the entrance to the labyrinth of the hedge

Image Credit: Bryce Durbin / TechCrunch

Dear Sophie:

I am an entrepreneur who wants to expand my startup to the US. What are the benefits and drawbacks of different types of visas and green cards?

The people I’ve heard the most about are H-1B, O-1 and EB-1A.

– Wise in India

Proactive CEOs should give priority to European expansion

Map of Europe with light shining in blue

Image Credit: Sean Gladwell (Opens in a new window) / Getty Images

Many investors will encourage CEOs to remain US-focused this year and perhaps expand their product offerings or step into new market segments. But 95% of the world’s population live outside the US, expanding your best growth in Europe.

Kappang follows Robox on the first day of trading

A Coupang Corp.  The delivery truck drove on Friday, February 19, 2021 in front of a company's fulfillment center in Bukheen, South Korea.  South Korean e-commerce giant Coupang filed for an initial public offering in the US and raised billions of dollars from it.  To compete rivals for IPOs in Asian countries and to close for a record year.  Photographer: SeongJoon Cho / Bloomberg via Getty Images

Image Credit: Bloomberg (Opens in a new window)/ Getty Images

Following the launch of Roblox on Wednesday, Coupang shot stocks above the IPO price range of the South Korean e-commerce giant. Quick math shows that Kauppung is currently valued at around $ 92 billion, a large number that almost zero companies will ever reach.

How and when to hire your first product manager

Because product managers and founders often have overlapping skill sets, it can be difficult to find the right candidate.

While this is different for every company, hiring a PM ensures that companies are not “chasing the shiny item” but creating things that create lasting value for customers.

Deep Science: AI Adventure in Arts and Letters

Robotic arm carrying a mechanical part

Image Credit: Alashi / Getty Images (Image has been modified)

AI technology is not limited to the field; Machine learning is applied to music and to the “computational unfolding” of primitive characters, where EV charging stations need to be built.

Kaursera’s first look at S-1 filing

Image Credit: Bryce Durbin / TechCrunch

The SEC filing gives a glimpse into how an edtech company, accelerated by Pandemic, performed over the past year.

It paints a picture of growth, which comes at an expensive price.

Olo’s IPO might value the company north of $ 3B as Toast waits in the wings

Olo has a history of growth and profitability, which makes adjacent pricing more interesting.

But are investors willing to pay more for profits? And if so, how much?

From electric charging to supply chain management, Innomotion Ventures builds Jaguar for a sustainable future

Image Credit: Andrew Ferraro – Handout / Jaguar Racing / Getty Images

InMotion’s investment in Circular, a company that oversees the supply chain from raw material inputs to finished output with a look toward sustainable sourcing, showcasing the company’s dedication to mobility in a broader way Does.

White-Label Voice Assistant Podcast Will Win Discovery’s Battle

3D headphones with sound waves on a dark background.  Concept of electronic music listening and digital audio.  Abstract view of digital sound waves and modern art.  Vector illustration.  (3D headphones with sound waves on dark background. Concept

Image Credit: Maxkabkov (Opens in a new window) / Getty Images

Americans are bored, live in homes and run out of screens, driving around 128 million Americans to use a voice assistant at least once a month.

This has created a golden opportunity for audio as consumers turn to podcasts, voice assistants, and smart speakers.

I’m putting an end to ARR-focused coverage

One of Alex Wilhelm’s first-ever recurring features, founded at Extra Crunch, was the “$ 100M ARR Club”, a startup that has reached scale.

“Forget a $ 1 billion valuation – Cool Kids Club has $ 100 million in annual recurring revenue,” he wrote in December 2019. Since then, he expanded to cover companies that received $ 50M ARR.

The concept is a useful lens for studying the market. I can say it with confidence as it is widely copied by other tech news outlets. But this morning, Alex surprised me – he’s sheltering the ARR Club, at least for now.

“In the end, it became a pre-IPO list that was fun, but not entirely educational, according to me,” he told me. “The $ 50M ARR Club was supposed to help the development shake up more interesting operational details, but not now.”

Alex’s last ARR Club Roundup looks at the in-office display and kiosk startup AppSpace, the data backup unicorn Druva, and Synac, before creating the format on Hyatus, which builds security software.


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