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Read previewA new feature for Instagram's Stories encourages community — the company just doesn't want this activity happening in closed groups away from advertisers. The social-media behemoth is launching a new tool that lets users leave comments under their followers' Stories. Only followers can see these comments, and only the people a user follows back can leave a comment. AdvertisementOne consequence of users spending more time in Instagram DMs is that there are fewer eyeballs for advertisers to target through Meta's powerful marketing platform. If this feature can successfully encourage users to start conversations within a Story instead of in DMs, they'll be more likely to keep swiping through Stories that show ads (a win for Instagram).
Persons: , Z's, Adam Mosseri, Harry Stebbings, influencer Ariana Nathani, Purohit, I've, I'm, Instagram Organizations: Service, Instagram's, Business Locations: Instagram, DMs
Alexis Ohanian said his early investment in Ethereum's pre-token sale is now worth $17.1 million. The Reddit cofounder called it his best-ever investment. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! In a podcast interview with venture capitalist Harry Stebbings, the Reddit cofounder said that he made millions from investing early in Ethereum.
Persons: Alexis Ohanian, Ohanian, , Harry Stebbings Organizations: Service, Business Locations: Ethereum's, Zenefits, Ethereum
Harry Stebbings is raising a new 20VC fund for early-stage startups, plus Series A and B.Stebbings started with an $8.3 million fund in 2020 and had raised $140 million by 2021. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementHarry Stebbings, the founder of the 20VC podcast, is raising a new fund that could be around $400 million, Business Insider has learned. It's been a meteoric rise for the British podcaster turned VC Stebbings, who began with an $8.3 million fund in 2020 before raising a major $140 million vehicle in 2021. This story is available exclusively to Business Insider subscribers.
Persons: Harry Stebbings, Stebbings, Paul Bonnet, , It's, British podcaster Organizations: DST Global, Service, Business Locations: British, London, New York
Europe, often a few years behind when it comes to startup trends, is also starting to produce its own solo GPs. After a record-breaking 2021, bigger VC funds in Europe have generally found it more challenging to raise their next funds. Lots of fund managers speak to everyone and waste lots of time going over unqualified leads," she said. In short, knowing who to pitch for investment is crucial when looking to raise funds. One advantage for solo funds in Europe is that smaller funds — often $15 million to $20 million — are easier to return than larger funds, said David Cruz e Silva, an angel investor and LP in smaller VC funds through EU.VC.
Persons: Gloria Baeuerlein's, Robin, Robin Capital, Sarah Drinkwater's, Harry Stebbings, Annelie Ajami, there's, VCs, Ramzi Rafih, Rafih, Carolina Huaranca, Joe Schorge, Masha Butler, Sam Altman's, Butler, David Cruz e Silva, Ajami Organizations: Ventures, London, KKR, Silver, Close, Sequoia, Day One Ventures Locations: America, Sand, Europe, profligacy, Dubai, Carolina, San Francisco, Swiss, London, EU.VC
Instagram's new app, Threads, has dominated the discourse around Meta since its July 5 launch. With the launch of Threads, Instagram and its top executive, Adam Mosseri, have been enjoying the limelight. Mark Zuckerberg was "by far the most convicted" about launching Threads as a separate app, Mosseri said on the podcast. "But, the thing is, we're not a messaging app," Mosseri noted. Mosseri has a bias for simplicity and said he recognizes that the Instagram app is overrun with too many features.
Persons: Adam Mosseri, Harry Stebbings, Mosseri, Stebbings, Instagram's Adam Mosseri, Mark Zuckerberg, Meta, Instagram, Instagram hasn't, TikTok, we've, we're, he's, exes Organizations: LinkedIn, VidCon Locations: Pinterest, Instagram
Sellers is among a growing contingent in the tech community that's going alcohol-free. From founders to investors, members of the startup community are eschewing booze in the name of staying sharp — and healthy. "About six months ago, I stopped drinking alcohol. That's really hard because in this industry, you have to be high energy. That's really hard because in this industry, you have to be high energy.
Investors at JetBlue Ventures, Mighty Capital, and other VC firms shared their favorite podcasts. Another recommendation is "Origins" by partners at the biotech VC firm Notation Capital. Here are 11 great options, recommended by VCs, founders, CEOs, and other industry insiders. "The main thing about the VC world is building relationships, and Harry is an example of a great networker," Gershfeld said. "BTC is the single-most important asset in the world, and that podcast gets to the heart of why that is."
Last year, the couple set up a tour company called Stay Awhile, which organizes trips "designed around food," according to the company's website. Guests taking part in Stay Awhile's French baking course visit the area to sample gourmet delicacies. A food tour of San SebastianPintxos are a staple in San Sebastian, one of the most popular places for foodies in Spain's Basque Country. It's not just doing a wine tour … it's a gourmet getaway," Stebbings told CNBC by phone. On a tour of the French Languedoc-Roussillon region, travelers can take a boat trip to an oyster farm off the coast of Montpellier.
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