INSUBCONTINENT EXCLUSIVE:
ClassPass, finally a unicorn, raises $285 million in new fundingClassPass launched in 2013 to give people an easier way to work out
The company partners with boutique fitness studios, letting users search through that inventory and book a class all from their
smartphone.Since launch, ClassPass has implemented several different business models, trying to find the right unit economics
they could use their virtual ClassPass currency to sign up for classes and pay based on the demand around those classes.2
Sonos sues Google over alleged patent infringement on smart speaker techThe lawsuit specifically calls out Google for five alleged patent
violations, including technologies that allow their speakers to wirelessly communicate and synchronize with each other
Sonos also claims that Amazon is infringing on its IP, but that the company can only afford to take on one tech titan.3
of its Services business, which includes the App Store, Apple Music, iCloud and, new in 2019, Apple Arcade, Apple TV+, Apple News+ and Apple
voice-powered AI helper, Google Assistant, with new features like webpage reading, scheduled actions, sticky notes and speed dial.5
What to expect in digital media in 2020As we start 2020, the media and entertainment sectors are in flux
New technologies are enabling new types of content, streaming platforms in multiple content categories are spending billions in their fight
for market share and the interplay between social platforms and media is a central topic of global political debate
(Extra Crunch membership required.)6
Getaround is latest SoftBank portfolio company to announce layoffsThe Information, which first reported the news, pegs the layoffs at 150
employees, amounting to around a quarter of the company
Ben Horowitz will explain how to create and sustain culture at TC Early Stage SFIn addition to authoring multiple books with practical
advice for entrepreneurs, Horowitz sits on the boards of 14 portfolio companies, including Okta, Lyft, Foursquare, Genius, Medium and
So there should be plenty to learn from him at TC Early Stage come April 28 in San Francisco.
