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Daily Crunch: Second-day trading surge launches Robinhood stock into meme territory

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

What’s the board’s role in an early-stage startup?

Investors often ask founders about their board: It says a lot about their character, their judgment and their willingness to be challenged.

HubSpot CEO moving to exec chairman role as company promotes Yamini Rangan to CEO

Boston-based CRM company HubSpot announced today that co-founder and CEO Brian Halligan would be stepping into the executive chairman role and CMO Yamini Rangan would be taking over as CEO next month

TikTok confirms pilot test of TikTok Stories is now underway

Twitter may have shut down its Stories features known as Fleets, but the Stories format will continue to invade other social platforms. TikTok today confirmed it’s piloting a new feature, TikTok

Uber shares fall despite revenue beat as its core operations continue to lose money

Today after the bell U.S. ride-hailing giant Uber reported its second-quarter financial results. The company’s numbers come a day after its domestic rival, Lyft, shared its own Q2 earnings. Notably

Venture capital undermines human rights

VC firms' failure to carry out adequate due diligence means that a vast majority of them are failing in their responsibility to respect human rights.

Japanese startup ispace raises $46M to support planned moon missions

Japanese startup ispace has raised $46 million in a fresh round of Series C funding as it looks to complete three lunar lander missions in three years. The funding will go toward the second and third

Enterprise AI 2.0: The acceleration of B2B AI innovation has begun

Two decades after businesses started deploying AI solutions, one can argue they’ve made little progress in achieving significant gains in efficiency relative to the hype that drove expectations.

Facebook cuts off NYU researcher access, prompting rebuke from lawmakers

Facebook shut down accounts belonging to two academic researchers late Tuesday, cutting off their ability to study political ads and misinformation on the world’s biggest social network. The com

Dear Sophie: Which immigration options allow me to launch my own startup?

I’m appreciative that I made it through the H-1B lottery, but I’m stuck in a rut. I really want to start something of my own. Are there any immigration options that would allow me to do that?

Match Group to add audio and video chat, including group live video, to its dating app portfolio

Dating app maker and Tinder parent Match Group said during its Q2 earnings it will bring audio and video chat, including group live video, and other livestreaming technologies to several of the compan

YELA secures $2M to reproduce Cameo’s celebrity success with an app for the Middle East

The Cameo app, where celebrities send video messages to paying fans, has taken off globally. But now the concept is set to come to the Middle East and South Asia. Tech startup YELA has secured $2 mill

As the delta variant surges, a nonprofit app lets hospital patients call home for free on any device 

COVID Tech Connect, a nonprofit created during the first wave of the coronavirus pandemic in the United States, is launching a free app aimed at helping hospital patients call home. As the delta varia

Launchpad hiccups indefinitely delay Boeing’s troubled Starliner orbital test

Boeing’s Starliner capsule is leaving the launchpad after a series of delays that prevented takeoff over the last few days. NASA and the beleaguered aerospace giant will take “whatever tim

Cybersecurity trainer HackerU acquires Cybint for $50M, say sources

Florida-based HackerU, which creates cybersecurity and other digital skills programs, is acquiring Cybint, a SaaS-based cyber education company. TechCrunch sources understand this to be a $50 million

Human Interest raises $200M at a $1B valuation, plans for an IPO

Less than six months after raising $55 million in a Series C round of funding, SMB 401(k) provider Human Interest today announced it has raised $200 million in a round that propels it to unicorn statu

Heatworks opens pre-orders for its plumbing-free countertop dishwasher

Heatworks has at long last opened pre-orders for the Tetra, a countertop dishwasher that debuted at CES 2018. The Tetra doesn't require any plumbing, just an electrical outlet.

Supercritical launches carbon removal offset marketplace for tech firms to reach net zero

It’s a little known fact that the carbon footprint of the technology sector is greater than the entire aviation industry (Aalto University and LUT University). At the same time, tech companies (like

GM is adding two new zero-emission commercial vehicles to its lineup

General Motors said Wednesday it is adding two new zero-emissions vehicles to its commercial portfolio as it looks to expand its first-to-last-mile business arm, BrightDrop. The first vehicle will be

Work-Bench will continue supporting early-stage enterprise startups with new $100M fund

In spite of the pandemic, New York City remains the center of commerce and business, and over the last decade a robust startup community has developed there. Work-Bench, the NYC VC firm that concentra
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