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Shopify has acquired the team working on analytics startup Peel Insights, the Canadian e-commerce giant confirmed Friday. Peel works primarily with Shopify merchants and can integrate with apps across their tech stack, including Klaviyo and Recharge. Peel's CEO and cofounder, Nicolas Grasset, is now a director of product at Shopify, according to his LinkedIn, and the Peel app is still available on the Shopify App Store. Related stories"With the Peel Insights team at Shopify, we can supercharge insights features for our millions of merchants," they said. In 2021, it brought on the team from AR startup Primer to work on AI and spatial computing at Shopify.
Persons: Shopify, Peel, Lerer Hippeau, Nicolas Grasset Organizations: Business, Eniac Ventures, Vinyl Capital, Peel Locations: Peel, Swedish, Triple
Food waste is so prolific in the U.S. that roughly one-third of the amount produced ends up in landfills rather than stomachs. A recent study published in the journal Science found food production accounts for 26% of global greenhouse gas emissions. Food delivery services like HelloFresh, Blue Apron and EveryPlate reduce that somewhat by sending consumers what they need for specific recipes. The company says its processes help lead to 80% less food waste at its facilities compared with a traditional supermarket. In addition to Lightspeed, Hungryroot is backed by L Catterton, Crosslink Capital, Karp Reilly and Lerer Hippeau.
Persons: Ben McKean, Hungryroot, Jeremy Liew, They've, L, Karp Reilly, Lerer, Lisa Rizzolo Organizations: CNBC, Investors, Lightspeed Venture Partners, Crosslink Locations: U.S, York, Brussels
A couple of days ago, startup founder Dan Siroker set his sights on meeting new investors. Siroker closed the process with 170 bids to sift through. Siroker told Business Insider this week that he isn't actively fundraising. Advertisement"When deals get hot, there is extreme interest," Ben Lerer, managing partner of Lerer Hippeau, an early-stage venture firm, told Business Insider's Ben Bergman late last year. "If you're not there long before the raising, you're not part of the conversation."
Persons: , Dan Siroker, clamoring, whittle, Siroker, isn't, Andreessen Horowitz, they'd, Pavlo Gonchar, Ben Lerer, Lerer, Insider's Ben Bergman, there's, Dick Costolo, they're, Costolo, he'd Organizations: Service, Business, Getty, Twitter, Google, Nvidia, Boys & Girls Locations: haves, Silicon Valley
Latino-focused media company Sonoro has raised $12.5 million from Lerer Hippeau, Greycroft, and others. Its pitch deck shows how it turns podcasts into TV and film for Netflix and others. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Latino-focused media company Sonoro has raised $12.5 million from Lerer Hippeau, Greycroft, and others to turn audio content for English and Spanish speakers into film and TV.
Persons: Sonoro, , it's, Josh Weinstein, Camila Victoriano, Gerónimo, Weinstein Organizations: Netflix, Service, Universal Pictures, Business Locations: Mexico, Ulta
Allbirds was one of the last startups to go public in 2021's IPO biltz. "You need to be a great company, you need to be profitable," says Allbirds cofounder Tim Brown. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Going public before turning profitable is a thing of the past, according to Allbirds cofounder and chief innovation officer Tim Brown. "You need to be a great company, you need to be profitable," he told Business Insider.
Persons: Allbirds, Tim Brown, , Klaviyo, Lerer, confidentially, PwC, Spencer Platt, Champagne, Brown, Joanna Glasner, Didi, Rivian Organizations: Service, Time Magazine, Maveron, Tiger Global, Casper Locations: Instacart, Silicon, Americas, Allbirds, Ukraine
Loyst founded Gen Z VCs, a community of over 25,000 young investors, founders and operators. A plurality of young investors and founders said they wanted venture capital to be more accessible. AdvertisementAdvertisementFor newcomers, the clubby world of venture capital can often seem like a black box. AdvertisementAdvertisementAccording to her poll, 45% of respondents said they wished the venture capital industry was "more accessible" to newcomers. AdvertisementAdvertisementLoyst's survey responses are reflective of how many young investors and founders feel shut out of the venture capital industry today, which could potentially get worse during the venture capital downturn.
Persons: Loyst, Z, , Meagan Loyst, Hippeau Organizations: Service, Black Venture, Venture, Sequoia, Forbes, Oxford University
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWouldn't worry too much about the first few days of trading in recent IPOs: Ben LererBen Lerer, Lerer Hippeau managing director, joins 'Squawk on the Street' to discuss the recent spate of initial public offerings, whether there's a reason recent IPOs have stumbled after first-day pops, and more.
Persons: Ben Lerer Ben Lerer, Lerer
In February, the AGI House launched as a community hub for the buzzy Bay Area AI scene. Since launching in February this year, it's served as a hacker house and community hub for the Bay's exploding AI scene. Depending on the day, the residence houses between eight to ten AI founders and researchers, including a researcher from AI giant OpenAI. Stephanie PalazzoloFrom flying cars to fireside conversationsThe AGI House wasn't always the AGI House. "It's great to live in a community house where you're naturally connected to the AI founder community," she said.
Persons: Steve Jobs, Elon, it's, Demi Guo, Stephanie Palazzolo, wasn't, Andrej Karpathy, Rocky Yu, Karpathy, Sergey Brin, Kelly Peng, Yu, Jeremy Nixon, Tim Shi, Lerer Hippeau, Peng, Guo, There's, Greylock's, Corinne Riley AGI, they're Organizations: AGI, Technologies, Genesis, Foundation Capital Locations: buzzy, Hillsborough, Stanford, Alamo, LA, AGI, New York City, Stanford's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig Tech's A.I. hype looks 'justified', says venture capital investor Eric HippeauEric Hippeau, Lerer Hippeau Ventures partner, joins 'Squawk on the Street' to discuss the A.I. frenzy in Big Tech, what we should expect out of A.I. in the future, and which mega cap companies could benefit from the budding technology.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVC investing has slowed but there's still 'spectacular' opportunity with late-stage companies, says Ben LererBen Lerer of Lerer Hippeau joins 'Squawk on the Street' to discuss his thoughts on funding, early stage investing and tracking investment trends.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLerer Hippeau's Ben Lerer: SVB has been an incredible partner to the VC ecosystem for a long timeBen Lerer of Lerer Hippeau joins 'Squawk on the Street' to discuss his thoughts on the collapse of SVB.
Managing requests for disability accommodations can be a tricky and time consuming process. Disclo grabbed $5 million in seed funding from General Catalyst in February using this pitch deck. In February, Atlanta-based Disclo raised $5 million in seed funding led by General Catalyst. Disclo provided Insider with the pitch deck it used to land $5 million from General Catalyst and other investors. Here's the deck Disclo used to get $5 million from General Catalyst.
Check out these pitch decks that they've used to sell their vision and raise millions from private equity and VC investors. Blocking ad fraudAdtech startup Lunio, announced a $15 million Series A funding round in September 2022. In May 2022, the software-as-a-service startup raised a $30 million Series B round, led by Insight Partners. Marketing in the metaverseAnima, an augmented-reality startup, raised a $3 million funding round from investors in Janury. He raised $50 million in Series D after closing a $34 million Series C last year, bringing its total raised to $100 million.
Meagan Loyst, the founder of Gen Z VCs, is bullish on generative AI as a tool in education. Loyst self-published a children's book on AI that she wrote using ChatGPT and DALLE-2 in two hours. Here's why she thinks generative AI will have a big role in education, even amid teacher concerns. To prove to her following of VCs and startup founders what generative AI is capable of, Loyst self-published a children's book on Amazon titled "Show Me What AI Can Do!" "So a children's book just seems really natural—so many VCs are parents, and the youngest Gen Zers are 10 years old!"
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk's ownership of Twitter has been surprisingly chaotic, says Lerer Hippeau's Eric HippeauEric Hippeau, Lerer Hippeau managing partner, joins 'Closing Bell' to discuss Elon Musk's tweet which mentioned he would resign as CEO of Twitter if he found someone 'foolish' enough to sign up, what's keeping Musk tied to the social media company and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe only way crypto can bring trust back into system is regulation, says Eric HippeauEric Hippeau, Lerer Hippeau managing partner, joins 'Closing Bell' to discuss if he is thinking twice about his crypto investments, if the crypto trading market can survive without regulation and Elon Musk's moves at Twitter.
Meagan Loyst, an associate at VC firm Lerer Hippeau, is leaving to focus on Gen Z VC full-time. After investing in dozens of founders over the past two years as an associate at venture-capital firm Lerer Hippeau, Meagan Loyst is stepping away to focus on Gen Z VCs, the online community she founded. After getting flooded with responses, she set up a Slack channel to connect around 700 Gen Z founders and investors, and the group has continued to grow since. Through Gen Z VCs, Loyst plans to host networking events in major cities, much like the group's summits in Chicago and Los Angeles last month. She also intends to monetize her own online following as a Gen Z expert through her online newsletter, "The Gen Z POV," video content on TikTok and YouTube, and speaking at summits.
Weakening ad revenue could compromise Meta's free cash flow
  + stars: | 2022-10-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWeakening ad revenue could compromise Meta's free cash flowEric Hippeau, Lerer Hippeau managing partner and co-founder, and Brandon Ross, LightShed Ventures general partner, join 'Closing Bell' to share their view on Meta shares dropping after it announced plans for further spending, areas for economic activity in the Metaverse, and the timeline for investment payoff.
Register now for FREE unlimited access to Reuters.com RegisterSept 21 (Reuters) - Wholesale cannabis platform LeafLink said on Wednesday its payments solutions processed over $1 billion in transactions since the company's inception in March 2016. LeafLink is cannabis industry's business-to-business platform that helps pot distributors and retailers manage their operations, create, pay for and ship their orders. More states in the U.S are moving towards allowing sale of recreational cannabis, underscoring continued support and demand for cannabis since the imposition of lockdowns during the COVID-19 pandemic. Backed by venture capital firms and investors including Founders Fund, Thrive Capital, Nosara Capital and Lerer Hippeau, LeafLink has raised more than $131 million of equity to date as well as a credit facility of $250 million. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ankit Kumar in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe last decade has shown early stage venture capital is a great asset class, says Ben LererBen Lerer, Lerer Hippeau managing director, joins 'Closing Bell' to discuss why the company closed $230 million in two new funds, how the current rate environment has impacted deal-making and more.
Karson Humiston built Vangst into a cannabis recruiting powerhouse before her 30th birthday. But because the cannabis industry was so new, there were few resources to help them get access to the jobs, training, and skills they'd need to succeed. Vangst is now one of the top recruitment platforms in the exploding cannabis industry. Vangst says it works with over 1,200 cannabis companies and has placed over 150,000 people into full- or part-time roles. Humiston said the company was looking to expand and offer more "Cannabis 101" classes and training programs to job seekers.
She talked to Insider and the VC Andrea Hippeau about how she pitched her company to investors. You can see the full pitch deck Humiston used for the round here. When investors look at early-stage companies, Hippeau added, they look for indications that the founder is the right person to invest their time and money in. In the later stages, investors start digging more into business metrics and numbers, Hippeau added. Humiston said it's not uncommon to come across "sketchy" investors who have asks that aren't standard in business — especially in the cannabis space.
ET, we'll be speaking with Vangst CEO Karson Humiston about crafting a perfect pitch. We'll also hear from Lerer Hippeau Partner Andrea Hippeau, who invested in Vangst in multiple rounds. ET where we'll be interviewing Vangst CEO Karson Humiston live about how to craft the perfect pitch for investors — in cannabis or any other industry. Vangst raised a $19 million Series B funding round in January, and you can see the full pitch deck she used for the round here. We'll also be joined by Lerer Hippeau's Andrea Hippeau, who has invested in Vangst over multiple funding rounds.
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