Discuss portfolio management and great storytelling with GV’s M.G. Siegler on Extra Crunch Live today at 2pm ET/11 am

If anyone knows early-stage investing and startups, it’s M.G. Siegler . As a general partner at GV, he’s personally invested in his fair share of rocket ship companies early on in their lifecycles, including Anchor, Slack, Medium and Stripe. He’s also a TechCrunch alum and a former startup operator himself as a web dev. We’re thrilled to have Siegler joining us to talk about his investment experience and how his early career as a writer influenced his thinking about startup success on Extra Crunch Live on today live at 2 p.m. EDT/11 a.m. PDT.

Siegler’s career in startups began in 2005, working in web development at a startup agency focused on tech clients. He later reported on startups at both VentureBeat and later TechCrunch, before becoming a founded partner at CrunchFund and then eventually joining GV (then Google Ventures) to focus on early-stage companies. In addition to the companies listed above, Siegler has led investments in other successful early-stage companies including Universe, Giphy, The Players’ Tribune, CTRL-Labs and AltspaceVR.

At the outset of the current global pandemic, Siegler chatted with our own Lucas Matney about GV’s investment in mobile website-builder Universe and about how managing a portfolio changes in light of travel and social distancing restrictions. We’ll find out from Siegler what the ensuing months of living and working in the context of COVID-19 have changed about his perspective and about the early-stage companies he’s working with and scouting for potential investment.

More broadly, Siegler also has a unique perspective and ample experience when it comes to early-stage startups and storytelling. His work as a journalist focused specifically on looking at new and emerging technology companies and assessing their ability to communicate their ambitions, the problems they’re solving and the technology they’re building. He brings that experience to his assessment of the investment potential of startups and their founders, and their ability to tell good and compelling stories about what they’re doing and why.

All these topics, plus more questions from you, our audience. So join us if you’re an Extra Crunch member and get caught up on all the fintech goodness going on. And if you aren’t an Extra Crunch member, be sure to check out subscription options before we get started.

Meeting details are below the paywall.

Startups – TechCrunch

Day 2 of Annual Investment Meeting’s First Digital Edition Continues to Gain Momentum – Georgia Today

Day 2 of Annual Investment Meeting’s First Digital Edition Continues to Gain Momentum  Georgia Today
“nigeria startups when:7d” – Google News

American Stripe offers $ 200 million to acquire Nigerian startup Paystack – AlKhaleej Today

American Stripe offers $ 200 million to acquire Nigerian startup Paystack  AlKhaleej Today
“nigeria startups when:7d” – Google News

[Superpedestrian in Cities Today] One-second geofencing technology approved for use in UK

American firm Superpedestrian claims to have designed an inbuilt sensor-based geofenced system on its LINK e-scooters which ensures riders cannot use them within a second of leaving an authorised zone.

Read more here.

The post [Superpedestrian in Cities Today] One-second geofencing technology approved for use in UK appeared first on OurCrowd Blog.

OurCrowd Blog

Join Yext’s Howard Lerman for a live Q&A today at 2 pm ET/11 am PT

Today’s the day! This afternoon at 2 pm ET/11 am PT, Yext CEO Howard Lerman will join TechCrunch for a live chat.

The conversation is part of our continuing Extra Crunch Live series, now in its second season. What are we up to in the second installment of the conversations? The same as before, bringing the most interesting founders and investors ’round for a chat that you can contribute to by bringing your own questions. (Make sure you’re signed up so you can jump right in.)

As we wrote last week, Lerman is not just another public company CEO: his company, Yext, has some old-fashioned history with TechCrunch, having pitched at one of our events back in 2009. It went well, with Yext quickly raising money afterwards.

We’ll spend a little bit of time in the past talking about Yext’s history as a startup. I want to know at what stage did Howard begin to consciously prep Yext for an IPO — the company went public in 2017 — and how long until he felt the company was ready? Given that we just came off one of the most active quarters in recent history for technology company’s going public, it’s a good time to dig into the matter.

We’ll also get Howard’s take on the public markets in 2020 and whether he was happy with Yext’s IPO timing.

For the early-stage founders in the crowd, we have stuff prepped for you as well. Yext has moved from a business best known for building a system that helps companies keep their diverse online listings up to date with their most pertinent information, to a search-first company that is leading its customer acquisition cycles with its “Answers” product.

How did the company manage to built the latter while eating off the former, and how has the company balanced its continued development since? What can startups learn from the choices that Yext has made?

And, TechCrunch recently reviewed Howard’s social media posts regarding Black Lives Matter: “As CEO, I will see to it that our company continues to be advocates for equality and justice.” So, how does he view the role of politics inside of tech companies, and what advice does he have for founders who are looking to build a lasting culture?

It’s going to be a great chat. Make sure you’ve signed up for Extra Crunch and I’ll see you in a few hours.

Bring your best questions. Howard is a good chat, so he’ll have something to say if you ask something great. Details after the jump.


Below are links to add the event to your calendar and to save the Zoom link. We’ll share the YouTube link shortly before the discussion:

Startups – TechCrunch

Here’s what’s happening today at TC Sessions: Mobility 2020

Mobility enthusiasts from around the world, welcome to Day One of TC Sessions: Mobility 2020! Get ready for two days of programming dedicated to the people and technology behind the transformation of transportation.

Mobility’s a rapidly evolving revolution, and we’re thrilled to have the community’s best founders, investors and technologists standing by ready to help you build your startup, expand your portfolio or take your career to the next level.

Ready to get your mobility mojo moving? Here’s a brief taste of today’s events — speakers, interviews and breakout sessions. Visit the TC Sessions: Mobility agenda, plan your day and don’t forget about the world-class networking — we built time for it into the schedule. Opportunity’s pounding on the door…fling it open, people!

Timing is everything: Check the agenda for exact times. It will automatically reflect the time zone in which you’re currently located. Okay, let’s get to the good stuff.

If autonomous vehicles drive you wild, don’t miss the conversation with Waymo COO, Tekedra Mawakana. She’ll talk about plans for scaling the company’s commercial deployment, directing fleet operations and developing its business path (Main stage).

Not much happens in tech without serious cash infusions. Cue leading VCs Reilly Brennan, Amy Gu and Olaf Sakkers and get ready for a great debate — the uncertain future of mobility tech and whether VC dollars are enough to push the industry forward (Main stage).

Investing’s a hot issue that generates lots of questions. Ask yours during the interactive Q&A Session with Reilly Brennan, Amy Gu and Olaf Sakkers (Breakout).

Micromobility’s a big topic and an even bigger industry. What opportunities exist in a saturated market? Find out during a discussion with Danielle Harris, director of mobility innovation at Elemental Excelerator; Dmitry Shevelenko, founder at Tortoise and Avra van der Zee, head of strategy and policy at Superpedestrian (Main stage).

Charged up over EVs? Pasquale Romano, President & CEO of Chargepoint will be discussing how software is driving a shift from buying a car to investing in an experience. (Breakout) And you’ll be positively electrified during this interview — and live audience Q&A — with Lucid Motors CEO, Peter Rawlinson. He’ll talk about the challenges of building a car company and assembling that first all-electric luxury production vehicle, as well as what the future holds (Main stage).

There you have it folks — just a smattering of the fascinating interviews, breakout sessions and discussions taking place on Day One. Don’t forget to explore the outstanding early-stage startups exhibiting in the expo. Connect, network and shift your mobility mojo into overdrive.

No FOMO allowed: Didn’t get a ticket? Don’t fret, you can still buy a pass for as little as $ 50. See you there!

Startups – TechCrunch

10 Key Elements Of An Open Leadership Framework Today

open-leadership-frameworkThe pervasiveness of social networking and the Internet has caused a new focus and value on “openness,” which leads to a new element of leadership, called “open leadership.” The mantra of open leadership is “Be Open, Be Transparent, and Be Authentic.” This is counter to the traditional business premise of “control,” so many companies are still pushing back.

Charlene Li, in her classic book “Open Leadership,” shows leaders how to tap into the power of the social technology revolution and use social media to be “open” while still maintaining control. I share her view of the ten key elements of the basic framework and vocabulary of open information sharing and open decision making:

  1. Explaining: creating buy-in. This element is sharing information through the new video, audio, and interactive media about, and the logic behind decisions, direction, or strategy with the goal of gaining buy-in to the idea so everyone is working toward the same goal.
  1. Updating: capturing knowledge and actions. New publishing tools, like blogs, collaboration platforms, and even Twitter provide updates that are easily available. These have the added benefit of being searchable and discoverable.
  1. Conversing: engaging in a dialogue with others. Employees can share best practices with customers on social network platforms and customers can help each other. When done well, an organization’s online community can become a competitive advantage.
  1. Open microphone: encouraging participation. Everyone and anyone is welcome to contribute through new collaborative tools with no preconditions. Search, combined with ratings and reviews become key in separating the useful from the rambling.
  1. Crowdsourcing: solving a specific problem together. The goal here is to grow the sources of new ideas and gather fresh thinking to create a new product or service. It can also be for solving everyday problems, like logo design or open source code.
  1. Platforms: setting standards and sharing data. EBay is an example of open standardizing on how items are listed and how transactions are handled, enabling millions of individual sellers. Common platforms enable open data access at any level.
  1. Centralized. The key challenge of making centralized decision making more open is to open up information sharing in both directions, so that those in power have the right information and also have the commitment to share it back out to the organization.
  1. Democratic. Increasingly, voting is used to allow people to choose from a set of equally viable options, with the result is that employees feel a greater sense of ownership in the process. This is also becoming prevalent in decisions with customers on products.
  1. Consensus. Social technology tools now allow this process to be done quickly and less chaotically, with tremendous buy-in from everyone affected. This process works well in today’s extremely flat and non-hierarchical startup organizations.
  1. Distributed. This is a hybrid of all the preceding decision processes, in that it pushes decisions away from the center to where information and knowledge actually reside, typically closer to the customer. This mode requires more discipline and planning.

I’m still waiting to see how all this works out in real life. The challenge is to be open without abdicating all control, or spiraling into chaos. Hopefully, by embracing social media rather than constraining it, leaders can transform their organizations to become more effective, decisive, and ultimately more profitable in this new era of openness in the marketplace. Are you there yet?

Marty Zwilling
Startup Professionals Musings

Extra Crunch Live: Join us today at 2pm EDT / 11am PDT to discuss the future of startup investing with Index Ventures VCs Nina Achadjian and Sarah Cannon

The venture capital world is rapidly changing, and thank heavens we have two of the smartest VCs on the future of investing, productivity tools, and remote work joining us today to make sense of all the noise.

On Extra Crunch Live today, Sarah Cannon and Nina Achadjian, two VC partners based in Index Ventures’ SF office, will talk about these subjects and more. Plus, we will be taking questions from the audience, so come prepared. Login details are below the fold for EC members, and if you don’t have an Extra Crunch membership, click through to signup.

As I wrote when we announced the slate last week:

First, we have Nina Achadjian, who officially joined Index Ventures several years ago out of the firm’s SF office and was promoted to partner earlier this year. Achadjian has been searching for and investing into some of the most interesting new collaborative companies that are rebuilding the enterprise from the ground up (which happens to have been a brilliant move given our remote-work world this year). Her investments include such companies as product-management service productboard, sales performance platform Gong, executive assistant marketplace Double and real estate services platform ServiceTitan.

Second, we have Sarah Cannon, who joined Index in 2018 from CapitalG, and who is also based officially out of SF. Cannon made a splash earlier this year with her bullish bet on note-taking and team productivity wunderkind Notion, and has also invested in productivity tools like collaborative presentation software Pitch and smart team messaging app Quill.

Join us today at 2pm EDT / 11am PDT / 6pm GMT.

Event Details

Startups – TechCrunch