LinkedIn launches world freelancer platform to compete straight with Upwork, Fiverr – TechCrunch


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Good day and welcome to Each day Crunch for October 27, 2021! We’re reside all day at our SaaS occasion, which signifies that chunk of TechCrunch has been busy placing inquiries to tech specialists and traders. However that doesn’t imply that we went mild on masking the information. Hell, we even dropped an enormous TC-1 on Bowery as we speak! Strap in! — Alex

The TechCrunch Prime 3

  • Can Ro increase previous generics? In an in depth report, TechCrunch’s Natasha Mascarenhas dug into Ro, the corporate behind Roman and different health-focused providers as it really works to increase its product combine and continue to grow. Different points on the firm, per a bunch of sources, embody low morale and refusal of “​​fundamental suggestions.”
  • Lease the Runway sees robust public debut: Yesterday night, Lease the Runway priced at $21 per share, the highest finish of its IPO vary. TechCrunch learn the robust pricing occasion as indicative of a heat IPO market not just for pure tech firms, but in addition unicorns which might be extra tech-enabled than tech tech. The corporate started buying and selling as we speak, initially rising earlier than dropping floor because the day grew late. (Extra on the corporate’s financials right here.)
  • Uber to hire 50,000 Teslas:  Keep in mind when Hertz introduced that it was shopping for a bunch of Tesla electrical vehicles? It seems the information wasn’t simply PR. The corporate is working with Uber to hire tens of 1000’s of the vehicles to Uber drivers. The outcome could possibly be a higher-end, and maybe greener, Uber fleet.

Startups/VC

The 2021 IPO market shouldn’t be going quietly into the evening. It’s working to shut out the 12 months with a bang. Information as we speak signifies that Paytm might snag a $20 billion valuation when it goes public, setting information for its native India, whereas Brazil’s Nubank dropped a put up sharing that it has filed privately to go public. The corporate will listing in america with some buying and selling deliberate for its personal home market.

  • Abacus.ai needs to democratize ML: So far as objectives go, Abacus’ plan to simplify machine studying mannequin creation, as our personal Ron Miller put it, is an effective one. Instruments like what the startup has in thoughts might reduce a market crunch in information expertise and maybe empower extra employees to execute their very own data-focused duties.
  • Plant-based rooster is dear: A minimum of if you wish to purchase into the businesses creating it. In the present day, Daring Meals introduced that it has raised an eye-popping $65 million Collection C, and that its plant-based rooster comp product will discover shelf house in 3,000 Walmart areas. On condition that Walmart shouldn’t be the first megaretailer we’d anticipate would roll out pretend rooster, the partnership might point out that plant-based meats are extra typically fashionable than we thought.
  • Groopit needs to assist corp leaders hearken to workers extra successfully: The startup — based by a longtime Microsoft staffer — simply raised $2 million to construct a product that, within the phrases of its founder Tammy Savage, “combines information assortment and real-time information sharing into one light-weight workflow.”
  • SoftBank writes checks this small? It seems that the SoftBank Imaginative and prescient Fund 2 is able to writing eight-figure checks. The investing group simply put $25 million into Israeli startup OurCrowd. The startup operates a so-called enterprise platform, making its personal fundraising barely meta.
  • Truepill turns its sights to the company world: In keeping with TechCrunch reporting, from a give attention to “telehealth, diagnostics and pharmacies for shoppers,” Truepill is now “focusing on healthcare incumbents.” The corporate simply added $142 million to its accounts, valuing it at $1.6 billion.
  • Broad productiveness app ClickUp now value $4 billion: Flush with $400 million value of recent capital, San Diego-based ClickUp has scaled its person base round 4x within the final 12 months. What does it do? It brings collectively a bevy of options together with chat, duties, to-dos and extra right into a single bundle. Sure, all of tech is bundling and unbundling.
  • And from the podcast workforce, a heat if considerably unhappy goodbye to Danny, who’s leaving Fairness after an extended, profitable run on the internet hosting workforce.

The Bowery Farming TC-1

Simply over a tenth of Individuals have jobs in meals and agriculture, so it’s straightforward to see why many people lack a eager consciousness about what we’re consuming or the place it comes from.

Our meals provide isn’t as safe or predictable as we assumed: Local weather change, security recollects, the COVID-19 pandemic and even immigration insurance policies can straight influence what’s out there on the retailer. The technological leaps that made it doable to feed (most of) the world won’t see us by the following century except we modify course.

Plant-based protein has gotten lots of press, however vertical farming that leans on {hardware} and robotics has reached scale, experiences Brian Heater, TechCrunch {hardware} editor.

In a four-part sequence, he explores the origins and operations of Bowery Farming, a worthwhile startup that has raised nearly $500 million since 2015 to create new tech and services that elevate leafy greens bought in practically 900 markets.

Half 1: Bowery Farming is forcing us all to search for at the way forward for vertical agriculture

Half 2: Hacking lettuce for style and revenue

Half 3: Can LEDs in the end substitute the solar?

Half 4: The voracious combat to your salad bowl

(TechCrunch+ is our membership program, which helps founders and startup groups get forward. You possibly can join right here.)

Massive Tech Inc.

TechCrunch has a startup focus, however we do watch former startups after they attain the general public markets. For a couple of quarters, no less than. In the present day shares of Robinhood — till very lately a personal unicorn — are off after the corporate reported outcomes and forecasts that got here in underneath market expectations. What its lackluster efficiency information will imply for different transaction-based buying and selling platforms shouldn’t be clear at this juncture.

  • LinkedIn’s freelance push goes world: After testing in america market — LinkedIn’s residence turf, if you’ll — the corporate is bringing its “Service Market” to extra geographies. If you’re aware of Fiverr, that is maybe comparable. Regardless, the transfer reveals that LinkedIn is able to making headlines that aren’t discussing main retrenchments.
  • Amazon cuts local weather checks: The megaretailer is placing its $2 billion local weather fund to work by placing capital into three startups. TechCrunch has the deets.
  • Google will now permit under-18s to delete pictures of themselves from search: Introduced again in August, this new Google functionality jogs my memory a little bit of what Europe has mandated for its personal lands. Maybe we’ll get extra EU-style digital tooling for shoppers right here in america.
  • Which tech large is the podcast king? Spotify is deep into an effort to broaden its content material base away from tunes to incorporate a deep podcast library which may be bearing fruit. Per the corporate, it’s now the main vacation spot for podcast listening in america. I’ve requested our personal podcast outcomes from Spotify as, effectively, I’m now curious.
  • Robotaxis, supply autos are simply across the nook: Like, actually. Per GM’s Cruise group, business operations of its self-driving vehicles might are available 2022. That’s good information. Please, megacorps of the world, spare me having to drive for the remainder of my life. I wish to quietly learn a guide whereas a pc handles the flip alerts.

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