Month: August 2018

03 Aug 2018

Don’t miss out: Apply to TC Startup Battlefield MENA 2018

We’re stoked about hosting our first Startup Battlefield in Beirut, where we’ll showcase 15 amazing early-stage startups across the Middle East and North Africa. There’s nothing we love more than learning about, reporting on and supporting creative entrepreneurs in a growing tech startup ecosystem.

TechCrunch Startup Battlefield MENA 2018 takes place on October 3, and we want to make sure every awesome startup in the region gets a shot at being named “the Middle East and North Africa’s Most Promising Startup.” But you only have until August 6th at 9 p.m. PST to submit your application. Don’t wait and risk missing the opportunity to launch your company to the world. Apply here today.

And what an opportunity it is. Since 2007, almost 750 early-stage startups have participated in Startup Battlefield and gone on to collectively raised more than $8 billion in funding and produce more than 100 exits. Battlefield alumni companies you might recognize include Mint, Dropbox, Yammer, TripIt, Getaround and Cloudflare.

Here’s how Startup Battlefield MENA works. TechCrunch editors will closely review and vet all eligible applications (we’ll talk more about eligibility in a moment) and select 15 startups to compete. Founders of each team receive free pitch coaching from pitch-savvy TechCrunch editors and, come game day, they’ll be ready to present with confidence to a panel of expert judges.

The competition starts with three preliminary rounds — five startups per round will each have six minutes to pitch and present their demo. After each pitch, the judges have six minutes to ask any questions they like. All of this takes place in front of a live, enthusiastic audience filled with startup fans, tech-heads, media outlets and investors.

The judges will choose a total of five startups to move on to the final round, where the teams will pitch a second time to a fresh panel of judges. One of those five teams will win the competition, be champions of the first-ever Startup Battlefield MENA and earn the designation of “the Middle East and North Africa’s Most Promising Startup.”

In addition to a boatload of media and investor attention, the winning team gets US$25,000 in no-equity cash, plus a trip for two to compete in the Startup Battlefield at TechCrunch Disrupt in 2019 (assuming the company still qualifies to compete at the time).

Now, here are the basics that all founders must meet regarding eligibility:

  • Have an early-stage company in “launch” stage
  • Be headquartered in one of these eligible countries: Algeria, Armenia, Bahrain, Egypt, Georgia, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Palestinian Territories, Qatar, Saudi Arabia, Tunisia, Turkey, UAE, Yemen
  • Have a fully working product/beta reasonably close to, or in, production
  • Have received limited press or publicity to date
  • Have no known intellectual property conflicts
  • Apply by August 6, 2018, at 9 p.m. PST

If that describes your startup situation, we want to see you in Beirut. TechCrunch Startup Battlefield MENA 2018 takes place on October 3, at the Beirut Digital District Nassif Yazigi, Lebanon. That application deadline will be here before you know it, so stop whatever you’re doing and apply right now.

03 Aug 2018

Don’t miss out: Apply to TC Startup Battlefield MENA 2018

We’re stoked about hosting our first Startup Battlefield in Beirut, where we’ll showcase 15 amazing early-stage startups across the Middle East and North Africa. There’s nothing we love more than learning about, reporting on and supporting creative entrepreneurs in a growing tech startup ecosystem.

TechCrunch Startup Battlefield MENA 2018 takes place on October 3, and we want to make sure every awesome startup in the region gets a shot at being named “the Middle East and North Africa’s Most Promising Startup.” But you only have until August 6th at 9 p.m. PST to submit your application. Don’t wait and risk missing the opportunity to launch your company to the world. Apply here today.

And what an opportunity it is. Since 2007, almost 750 early-stage startups have participated in Startup Battlefield and gone on to collectively raised more than $8 billion in funding and produce more than 100 exits. Battlefield alumni companies you might recognize include Mint, Dropbox, Yammer, TripIt, Getaround and Cloudflare.

Here’s how Startup Battlefield MENA works. TechCrunch editors will closely review and vet all eligible applications (we’ll talk more about eligibility in a moment) and select 15 startups to compete. Founders of each team receive free pitch coaching from pitch-savvy TechCrunch editors and, come game day, they’ll be ready to present with confidence to a panel of expert judges.

The competition starts with three preliminary rounds — five startups per round will each have six minutes to pitch and present their demo. After each pitch, the judges have six minutes to ask any questions they like. All of this takes place in front of a live, enthusiastic audience filled with startup fans, tech-heads, media outlets and investors.

The judges will choose a total of five startups to move on to the final round, where the teams will pitch a second time to a fresh panel of judges. One of those five teams will win the competition, be champions of the first-ever Startup Battlefield MENA and earn the designation of “the Middle East and North Africa’s Most Promising Startup.”

In addition to a boatload of media and investor attention, the winning team gets US$25,000 in no-equity cash, plus a trip for two to compete in the Startup Battlefield at TechCrunch Disrupt in 2019 (assuming the company still qualifies to compete at the time).

Now, here are the basics that all founders must meet regarding eligibility:

  • Have an early-stage company in “launch” stage
  • Be headquartered in one of these eligible countries: Algeria, Armenia, Bahrain, Egypt, Georgia, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Palestinian Territories, Qatar, Saudi Arabia, Tunisia, Turkey, UAE, Yemen
  • Have a fully working product/beta reasonably close to, or in, production
  • Have received limited press or publicity to date
  • Have no known intellectual property conflicts
  • Apply by August 6, 2018, at 9 p.m. PST

If that describes your startup situation, we want to see you in Beirut. TechCrunch Startup Battlefield MENA 2018 takes place on October 3, at the Beirut Digital District Nassif Yazigi, Lebanon. That application deadline will be here before you know it, so stop whatever you’re doing and apply right now.

03 Aug 2018

Apply to compete in Startup Battlefield at Disrupt Berlin 2018

Who’s ready to compete head-to-head with the best early-stage startups across Europe and beyond? If you think your startup has what it takes to win the day, we want to see you compete in Startup Battlefield at Disrupt Berlin 2018, which takes place on November 29-30. This is your shot to launch your company to the international startup community and the world at large. Don’t miss out, apply today.

Startup Battlefield is the global pitch competition that’s launched hundreds of early-stage startups. Since 2007, more than 750 companies — our Battlefield alumni community — have competed and gone on to collectively raise $8 billion in funding and generate 102 exits. This is your opportunity to join that august community, which includes the likes of Vurb, Dropbox, Mint, Yammer and a whole lot more.

What’s at stake? For starters, the winning founders get to hoist the Disrupt Cup (we’re talking serious bragging rights). In addition, they’ll be on the receiving end of massive — and invaluable — media and investor attention. Oh, and then there’s the $50,000 non-equity cash prize. That’s pretty cool, too.

Here’s what you need to know about applying and competing. Our vetting process is highly selective. Our TechCrunch editors evaluate every application — the acceptance rate is roughly 3 percent — and they’ll select approximately 15 startups to compete.

The founders of every participating startup will receive intensive pitch coaching from TechCrunch Battlefield-seasoned editors. Founders will be well-prepared to step on the Disrupt Main Stage and present their case.

Teams have just six minutes to pitch their company and demo their product to a panel of judges, which consists of well-known investors and entrepreneurs. Following each pitch, the judges have six minutes to conduct a rigorous Q&A.

That process thins the herd to five startups, which go on to one final round of pitching to a new set of judges. Then it’s “drum-roll, please” time as the judges pick one company to be the Disrupt Berlin 2018 Startup Battlefield champion.

Keep in mind that all this high-powered, nerve-wracking action takes place in front of a live audience with thousands of startup fans, media outlets and potential investors and customers cheering you on. Plus, we live-stream the entire competition — start to finish — around the world (and make it available later on demand) on TechCrunch.com, YouTube, Facebook and Twitter.

As you can see, all Startup Battlefield teams — not just the winner — receive a ton of exposure to the influential folks who can change their lives. Here’s another important fact. TechCrunch does not charge any application or participation fees, and we don’t take any equity from startups.

While we have your attention, why not check out the Disrupt Berlin Startup Battlefield winner from last year — Lia Diagnostics.

Feel inspired? Great! Startup Battlefield takes place at Disrupt Berlin 2018 on November 29-30 at Arena Berlin. You don’t have anything to lose. Sign up to compete!

03 Aug 2018

Apply to compete in Startup Battlefield at Disrupt Berlin 2018

Who’s ready to compete head-to-head with the best early-stage startups across Europe and beyond? If you think your startup has what it takes to win the day, we want to see you compete in Startup Battlefield at Disrupt Berlin 2018, which takes place on November 29-30. This is your shot to launch your company to the international startup community and the world at large. Don’t miss out, apply today.

Startup Battlefield is the global pitch competition that’s launched hundreds of early-stage startups. Since 2007, more than 750 companies — our Battlefield alumni community — have competed and gone on to collectively raise $8 billion in funding and generate 102 exits. This is your opportunity to join that august community, which includes the likes of Vurb, Dropbox, Mint, Yammer and a whole lot more.

What’s at stake? For starters, the winning founders get to hoist the Disrupt Cup (we’re talking serious bragging rights). In addition, they’ll be on the receiving end of massive — and invaluable — media and investor attention. Oh, and then there’s the $50,000 non-equity cash prize. That’s pretty cool, too.

Here’s what you need to know about applying and competing. Our vetting process is highly selective. Our TechCrunch editors evaluate every application — the acceptance rate is roughly 3 percent — and they’ll select approximately 15 startups to compete.

The founders of every participating startup will receive intensive pitch coaching from TechCrunch Battlefield-seasoned editors. Founders will be well-prepared to step on the Disrupt Main Stage and present their case.

Teams have just six minutes to pitch their company and demo their product to a panel of judges, which consists of well-known investors and entrepreneurs. Following each pitch, the judges have six minutes to conduct a rigorous Q&A.

That process thins the herd to five startups, which go on to one final round of pitching to a new set of judges. Then it’s “drum-roll, please” time as the judges pick one company to be the Disrupt Berlin 2018 Startup Battlefield champion.

Keep in mind that all this high-powered, nerve-wracking action takes place in front of a live audience with thousands of startup fans, media outlets and potential investors and customers cheering you on. Plus, we live-stream the entire competition — start to finish — around the world (and make it available later on demand) on TechCrunch.com, YouTube, Facebook and Twitter.

As you can see, all Startup Battlefield teams — not just the winner — receive a ton of exposure to the influential folks who can change their lives. Here’s another important fact. TechCrunch does not charge any application or participation fees, and we don’t take any equity from startups.

While we have your attention, why not check out the Disrupt Berlin Startup Battlefield winner from last year — Lia Diagnostics.

Feel inspired? Great! Startup Battlefield takes place at Disrupt Berlin 2018 on November 29-30 at Arena Berlin. You don’t have anything to lose. Sign up to compete!

03 Aug 2018

MallforAfrica goes global, Kobo360 and Sokowatch raise VC, France explains its $76M fund

B2B e-commerce company Sokowatch closed a $2 million seed investment led by 4DX Ventures. Others to join the round were Village Global, Lynett Capital, Golden Palm Investments, and Outlierz  Ventures.

The Kenya based company aims to shake up the supply chain market for Africa’s informal retailers.

Sokowatch’s platform connects Africa’s informal retail stores directly to local and multi-national suppliers—such as Unilever and Proctor and Gamble—by digitizing orders, delivery, and payments with the aim of reducing costs and increasing profit margins.

“With both manufacturers and the small shops, we’re becoming the connective layer between them, where previously you had multiple layers of middle-men from distributors, sub-distributors, to wholesalers,” Sokowatch founder and CEO Daniel Yu told TechCrunch.

“The cost of sourcing goods right now…we estimate we’re cutting that cost by about 20 percent [for] these shopkeepers,” he said

“There are millions of informal stores across Africa’s cities selling hundreds of billions worth of consumer goods every year,” said Yu.

These stores can use Sokowatch’s app on mobile phones to buy wares directly from large suppliers, arrange for transport, and make payments online. “Ordering on SMS or Android gets you free delivery of products to your store, on average, in about two hours,” said Yu.

Sokowatch generates revenues by earning “a margin on the goods that we’re selling to shopkeepers,” said Yu. On the supplier side, they also benefit from “aggregating demand…and getting bulk deals on the products that we distribute.”

The company recently launched a line of credit product to extend working capital loans to platform clients. With the $2 million round, Sokowatch—which currently operates in Kenya and Tanzania—plans to “expand to new markets in East Africa, as well as pilot additional value add services to the shops,” said Yu.

MallforAfrica and DHL launched MarketPlaceAfrica.com: a global e-commerce site for select African artisans to sell wares to buyers in any of DHL’s 220 delivery countries.

The site will prioritize fashion items — clothing, bags, jewelry, footwear and personal care — and crafts, such as pictures and carvings. MallforAfrica is vetting sellers for MarketPlace Africa online and through the Africa Made Product Standards association (AMPS), to verify made-in-Africa status and merchandise quality.

“We’re starting off in Nigeria and then we’ll open in Kenya, Rwanda and the rest of Africa, utilizing DHL’s massive network,” MallforAfrica CEO Chris Folayan told TechCrunch about where the goods will be sourced. “People all around the world can buy from African artisans online, that’s the goal,” Folayan told TechCrunch.

Current listed designer products include handbags from Chinwe Ezenwa and Tash women’s outfits by Tasha Goodwin.

In addition to DHL for shipping, MarketPlace Africa will utilize MallforAfrica’s e-commerce infrastructure. The startup was founded in 2011 to solve challenges global consumer goods companies face when entering Africa.

French President Emmanuel Macron  href="https://pctechmag.com/2018/05/french-president-emmanuel-macron-launches-a-usd76m-africa-startup-fund/">unveiled a $76 million African startup fund at VivaTech 2018 and TechCrunch paid a visit to the French Development Agency (AFD) — who will administer the new fund — to get details on how it will work.

The $76 million (or €65 million) will divvy up into three parts, AFD Digital Task Team Leader Christine Ha told TechCrunch.

“There are €10 million [$11.7 million] for technical assistance to support the African ecosystem… €5 million will be available as interest-free loans to high-potential, pre-seed startups…and…€50 million [$58 million] will be for equity-based investments in series A to C startups,” explained Ha during a meeting in Paris.

The technical assistance will distribute in the form of grants to accelerators, hubs, incubators and coding programs. The pre-seed startup loans will issue in amounts up to $100,000 “as early, early funding to allow entrepreneurs to prototype, launch and experiment,” said Ha.

The $58 million in VC startup funding will be administered through Proparco, a development finance institution — or DFI — partially owned by the AFD. “Proparco will take equity stakes, and will be a limited partner when investing in VC funds,” said Ha.

Startups from all African countries can apply for a piece of the $58 million by contacting any of Proparco’s Africa offices.

The $11.7 million technical assistance and $5.8 million loan portions of France’s new fund will be available starting in 2019. On implementation, AFD is still “reviewing several options…such as relying on local actors through [France’s] Digital Africa platform,” said Ha. President Macron followed up the Africa fund announcement with a trip to Nigeria last month.

Nigerian logistics startup Kobo360 was accepted into Y Combinator’s 2018 class and gained some working capital in the form of $1.2 million in pre-seed funding led by Western Technology Investment.

The startup — with an Uber like app that connects Nigerian truckers to companies with freight needs — will use the funds to pay drivers online immediately after successful hauls.

Kobo360 is also launching the Kobo Wealth Investment Network, or KoboWIN — a crowd-invest, vehicle financing program. Through it, Kobo drivers can finance new trucks through citizen investors and pay them back directly (with interest) over a 60-month period.

On Kobo360’s utility, “We give drivers the demand and technology to power their businesses,” CEO Obi Ozor told TechCrunch. “An average trucker will make $3,500 a month with our app. That’s middle class territory in Nigeria.”

Kobo360 has served 324 businesses, aggregated a fleet of 5480 drivers and moved 37.6 million kilograms of cargo since 2017, per company stats. Top clients include Honeywell, Olam, Unilever, and DHL.

Ozor thinks the startup’s asset-free, digital platform and business model can outpace traditional long-haul 3PL providers in Nigeria by handling more volume at cheaper prices.

“Logistics in Nigeria have been priced based on the assumption drivers are going to run empty on the way back…When we now match freight with return trips, prices crash.”

Kobo360 will expand in Togo, Ghana, Cote D’Ivoire and Senegal.

[PHOTO: BFX.LAGOS] And finally, applications are open for TechCrunch’s Startup Battlefield Africa, to be held in Lagos, Nigeria, December 11. Early-stage African startups have until September 3 to apply here.

More Africa Related Stories @TechCrunch

More Africa Related Stories @TechCrunch

·         CowryWise micro-savings service opens high-yield government bonds to everyday Nigerians


African Tech Around the Net

·         More Than Half of Sub-Saharan Africa to Be Connected to Mobile by 2025, Finds New GSMA Study
·         Ethiopia’s Gebeya acquires Coders4Africa to accelerate its growth
·         Rwanda, Andela partner to launch pan-African tech hub in Kigali
·         Google’s free public Wi-Fi initiative expanded to Africa
·         Accounteer wins 2018 MEST Entrepreneur challenge
·         SafeBoda completes expansion to Kenya, now live in Nairobi
·         Uganda government sued over social media tax

03 Aug 2018

JUUL Labs responds to FDA concerns about flavored e-liquids

In a statement released today, Juul Labs has responded to FDA moves to increase regulation on flavored tobacco products in order to curb underage use. This comes at a time when Juul Labs is under increasing scrutiny.

Here’s the statement from Juul Labs CEO Kevin Burns:

We fully support FDA’s efforts to curb underage use of tobacco products, and we believe restricting access to flavors will negatively impact current adult smokers in their journey to switch from combustible cigarettes. Appropriate flavors help adult smokers who do not want to be reminded of the tobacco-taste of a cigarette. We encourage FDA to allow for further scientific exploration on the role flavors play in helping adult smokers transition away from combustible cigarettes.

It’s worth noting that, alongside flavors such as Mint, Cucumber, and Mango, Juul also markets a Virginia Tobacco-flavored pod.

This statement follows a proposed ruling by the FDA in March requesting data on the effectiveness of tobacco flavors to help adult smokers smoke less as well as the role they play in initiating non-smoking youth to use tobacco products. In April the FDA requested information from JUUL in particular.

And in May, the FDA and FTC issued 13 letters of warning for e-liquid products that “resemble kid-friendly food products, such as juice boxes, candy or cookies, some of them with cartoon-like imagery,” including e-liquids that resembled Sour Patch Kids, Pocky and Reddi-wip.

A concern to the FDA, as well as parents, is that even if children don’t use these products to start smoking, they can be easily confused with the products they imitate and be harmful if consumed. That’s not to mention the numerous reports saying use of Juul vaporizers by teens is on the rise.

To answer this point, Burns also noted that “[Juul] also remain[s] steadfast in our commitment to preventing underage use of vapor products.” The company switched its age limit to 21+ following state and federal legislation to make 21 the minimum purchasing age. It’s also changed its social media presence to better reflect former cigarette smokers, instead of using models to market the device.

But, despite these attempts to reorient its image as a tool to help smokers quit, between April and July of this year Juul has been on the receiving end of two lawsuits filed by users in California that claim the e-cigarette actually increased their nicotine addiction.

Here’s the statement in full:

Smoking is still the leading cause of preventable death worldwide, with more than 480,000 deaths in the United States each year. Our mission is to eliminate cigarette smoking in the world by providing adult smokers with a true alternative to cigarettes. We believe flavors play an important role in helping adult smokers switch to vapor technology, which offers great potential.

We fully support FDA’s efforts to curb underage use of tobacco products, and we believe restricting access to flavors will negatively impact current adult smokers in their journey to switch from combustible cigarettes. Appropriate flavors help adult smokers who do not want to be reminded of the tobacco-taste of a cigarette. We encourage FDA to allow for further scientific exploration on the role flavors play in helping adult smokers transition away from combustible cigarettes.

As JUUL Labs works to support adult smokers in their efforts to switch, we also remain steadfast in our commitment to preventing underage use of vapor products. Both goals can be achieved through reasonable regulation to restrict advertising and naming of flavors such as cotton candy and gummy bear that are directed at children. We look forward to continuing to engage with FDA, policymakers, and community leaders on helping to reduce cigarette use while protecting young people.

02 Aug 2018

This 3D-printed camp stove is extra-efficient and wind-resistant

I love camping, but there’s always an awkward period when you’ve left the tent but haven’t yet created coffee that I hate camping. It’s hard not to watch the pot not boil and not want to just go back to bed, but since the warm air escaped when I opened the tent it’s pointless! Anyway, the Swiss figured out a great way to boil water faster, and I want one of these sweet stoves now.

The PeakBoil stove comes from design students at ETH Zurich, who have clearly faced the same problems as myself. But since they actually camp in inclement weather, they also have to deal with wind blowing out the feeble flame of an ordinary gas burner.

Their attempt to improve on the design takes the controversial step of essentially installing a stovepipe inside the vessel and heating it from the inside out rather than from the bottom up. This has been used in lots of other situations to heat water but it’s the first time I’ve seen it in a camp stove.

By carefully configuring the gas nozzles and adding ripples to the wall of the heat pipe, PeakBoil “increases the contact area between the flame and the jug,” explained doctoral student and project leader Julian Ferchow in an ETH Zurich news release.

“That, plus the fact that the wall is very thin, makes heat transfer to the contents of the jug ideal,” added his colleague Patrick Beutler.

Keeping the flames isolated inside the chimney behind baffles minimizes wind interference with the flames, and prevents you having to burn extra gas to keep it alive.

The design was created using a selective laser melting or sintering process, in which metal powder is melted in a pattern much like a 3D printer lays down heated plastic. It’s really just another form of additive manufacturing, and it gave the students “a huge amount of design freedom…with metal casting, for instance, we could never achieve channels that are as thin as the ones inside our gas burner,” Ferchow said.

Of course, the design means it’s pretty much only usable for boiling water (you wouldn’t want to balance a pan on top of it), but that’s such a common and specific use case that many campers already have a stove dedicated to the purpose.

The team is looking to further improve the design and also find an industry partner with which to take it to market. MSR, GSI, REI… I’m looking at you. Together we can make my mornings bearable.

02 Aug 2018

Google slowly lifting ban on addiction center ads after adding vetting process

Google will soon allow ads to run on addiction-related keywords and phrases after a nearly year-long ban instituted to crack down on shady providers cashing in on vulnerable patients. A small group of providers vetted by a third party have been approved by the company to appear in results for searches like “help quitting pills” or “meth addiction.”

The ban on these ads was rolled out in stages starting in September of last year in the U.S. and going global in January. It was provoked by a series of reports showing that people looking for help were being essentially traded like commodities and sent to incredibly expensive “addiction centers” that often provided little recovery help at all.

At the time Google pledged to keep the ban in place until it could find a way to reintroduce ads safely and ethically, and it has taken its time doing so. All addiction-related ad words were shut off completely, and while this introduced problems of its own (people searching for “help quitting pills” don’t want the WebMD page for addiction) it was probably the only logical choice.

Following this, Google partnered with LegitScript, a Portland company that specializes in verifying medicine-related businesses online. It has a 15-point checklist to make sure businesses are licensed and compliant, list medications and treatment plans, demonstrate qualifications and professionalism (i.e. not a quack operating out of their living room), have no shady history or what have you and so on. The whole list is here.

Only recovery and addiction centers vetted by LegitScript will be allowed to run ads against addiction-related queries on Google.

Recovery Centers of America (RCA), which has a handful of facilities around the country, is one of the first wave of approved advertisers.

“What they were trying to get rid of were these ‘lead aggregators’ that were posing as treatment centers, but were basically selling the patients,” said RCA’s director of marketing strategy and operations, Grant McClernon. “They wanted people who were operating under state scrutiny, providing real treatment.”

“It was a wild wild west out there,” added Bill Koroncai, the company’s director of communications. “So we support Google’s work to weed out the unethical providers in the industry.”

They explained that Google originally planned to greenlight 30 providers — which is to say facilities, of which a provider like RCA might have just one or dozens — but they were inundated with applications and had to expand the first wave of the program to closer to 100.

That’s not necessarily indicative of a rush on Google’s part; it seems more likely that the larger number turned out to be the realistic one if most regions and most needs were to be served. With 30 facilities you wouldn’t even have one in every state.

Addiction treatment providers won’t be treated any differently from other keyword purchasers, except that there will have to be a yearly check-up process through LegitScript to make sure they’re still worthy of being included.

It’s probably wise that Google didn’t get into the vetting process itself; this sets an easier precedent for the ad giant in that when conflicts like this one come up, it doesn’t have to hire a specialized team dedicated to combating fraud in that specific domain.

Ads should start running soon. I’ve contacted Google to confirm for confirmation and more information.

02 Aug 2018

Will self-driving cars kill parking?

Some people have postulated that autonomous ridesharing cars will never need to park and cities of the future will not need street parking, parking lots or parking garages. But parking is far from dead. In fact, the $100 billion market may be poised to grow.

We’ve heard from parking startup founders that many Silicon Valley investors have rejected parking as a thing of the past, rallying around alternatives — for example, investing more than $100 million in valet parking startups that didn’t pan out. Even these parking investments are a drop in the bucket compared to the estimated $80 billion invested in autonomous vehicles in just the past three years.

In these peoples’ minds, autonomous cars will simply whisk us off to our destination, then pick up another passenger, collect their groceries from Draeger’s, or simply spin around in circles waiting to pick them up again. “Autonomy is nigh, and the opportunities are endless, but parking is not one of them,” they ponder as they wait for their Tesla Model 3 to be delivered.

Sarcasm aside, parking can play a positive role in our cities today and tomorrow.

Reducing street parking for good

Parking is not dead, but maybe on-street parking should be. Dockless, free-floating, shared personal mobility devices (scooters, bicycles and more) have been dumped on cities by the likes of Bird, LimeBike and Spin. San Francisco has taken actions to “clean up” these eyesores that crowd sidewalks, with City Attorney Dennis Herrera issuing these companies cease-and-desist orders for “creating a public nuisance on the city’s streets and sidewalks.”

Voices from the transportation community were quick to point out the irony of these actions. They were quick to describe personal vehicles as dockless, free-floating, unshared personal mobility devices that are perfectly acceptable eyesores that crowd already congesting roadways.

And maybe they have a point. Off-street parking is widely available in cities, but largely underutilized. So why do we still have on-street parking? Part of the reason has been a lack of information, and at great cost. An IBM survey suggests that parking searches take between 13-32 minutes, account for up to 30 percent of traffic and produce harmful emissions. And think of the wasted gas. In today’s information age, is information a good excuse?

Between parking, ridesharing and additional lanes, some folks have cited an impending battleground for the curb.

Admittedly less sexy than autonomous cars, parking technology companies that provide real-time parking availability in off-street garages are solving these costly search problems. For scale, MIT professor Eran Ben-Joseph estimates there are 800 million surface parking spaces in the United States and cover up to one-third of downtown land area in some cities. Increased utilization of private and municipal garages should push local governments to start removing on-street parking. This opportunity is huge for many densely populated cities.

As long as on-street parking is available, people will use it. If governments move to abandon on-street parking, then they — alongside entrepreneurs and innovators — can use the new space for more productive uses.

Ridesharing

What are those more productive use cases? One is obviously more traffic lanes to improve throughput in our congested cities. Another would be to expand bike (or shall I say, personal mobility device) lanes or even sidewalks to encourage safe pedestrian traffic. Another would be dedicated pick-up and drop-off lanes for ridesharing companies. A dedicated pick-up and drop-off curbside for ridesharing could reduce some of the congestion it may be creating in cities through ad hoc methods today. Lyft* has even proposed what a walkable, lower-congestion Wilshire Boulevard in Los Angeles could look like in the future.

Perhaps the cities could even make up for lost parking revenue by introducing usage fees for personal mobility devices that are free floating, or ridesharing companies that use the curbside lane.

Between parking, ridesharing and additional lanes, some folks have cited an impending battleground for the curb. It is a battle that parking should probably lose.

Autonomy

Although I would argue that billionaire investors have the picture wrong in their head, autonomous vehicles will arrive — eventually. The idea here is that autonomous cars will operate constantly, delivering passengers here, there and everywhere all day, and that the need for parking will diminish. Maybe so.

However, returning to the valet parking companies mentioned above, Zirx pivoted to Stratim Systems because they saw that there was a need to provide fleet management service for these free-floating car-share services. The same need will exist for autonomous vehicles. They will need to be refueled and/or recharged. They will need to have their interiors cleaned. They will need to have their sensors calibrated and cleaned. They will need to be repaired and maintained. Where will this happen?

Perhaps that is the future of off-street garages, and these new revenue streams are where the $100 billion market may be poised to grow. The technology-forward garages that can attract these new mobility business models by providing value-added services will be well-positioned for the ridesharing and car-sharing fleets of today and the autonomous fleets tomorrow.

The road ahead

Technology companies working with automakers, transportation network companies and fleet managers make it easy to reserve off-street parking today. They are also positioned for the future of autonomous driving tomorrow. An increase in garage utilization should diminish the need to have on-street parking, which would open up real estate for more productive use. Eventually ridesharing and autonomous fleets may cut into the parking market, but those technology-forward parking garages, and even refueling stations of today, will be able to deliver value-added services, like cashless payment, charging stations and fleet management, to their business models.

*Disclosure: Autotech Ventures is an investor in Lyft.

02 Aug 2018

Spotify becomes the latest tech platform to reject Alex Jones

Yesterday, Spotify became the third tech platform in just over a week to take a stance on Alex Jones’s controversial far-right and conspiracy theorist content. The streaming service removed several Infowars podcast episodes due to their violation of the policy against hate content that Spotify released in May. This action follows strikes given against Jones by both YouTube and Facebook for videos containing content that violated those company’s policies, including Islamophobic and transphobic hate speech and child endangerment.

In a statement to Bloomberg on Wednesday, a spokeswoman for Spotify said the following:

“We take reports of hate content seriously and review any podcast episode or song that is flagged by our community. Spotify can confirm it has removed specific episodes of ‘The Alex Jones Show’ podcast for violating our hate content policy.” 

While Spotify did not reveal the specific episodes removed or the specific terms of the policy they violated, the possibilities for removal cited in its updated policy include “content whose principal purpose is to incite hatred or violence against people because of their race, religion, disability, gender identity, or sexual orientation.” The policy also states that these violations do not necessarily include “offensive, explicit, or vulgar content,” but specifically hate speech with the intention to cause harm.

Other episodes of the Infowars podcast are still available on Spotify, as well as Apple Podcast and Stitcher.

While this strike against Jones does come on the heels of YouTube and Facebook’s previous actions, Jones is not the first to have content removed via Spotify’s new policy. In May, the company pulled music from R. Kelly and rappers XXXTentacion and Tay-K as well.

To monitor its service for content violating its hate speech policy, Spotify is collaborating with rights advocacy groups such as The Southern Poverty Law Center, The Anti-Defamation League, Color Of Change, Showing Up for Racial Justice (SURJ), GLAAD, Muslim Advocates, and the International Network Against Cyber Hate. Additionally, the company has built an internal monitoring tool called Spotify AudioWatch and is asking users to help flag hate content.

Decisions to police hate speech on tech platforms like Spotify, YouTube and Facebook have stirred up a lot of strong emotions on both sides of the debate. Balanced between open source and private enterprise, the path forward for these companies to create the safest and simultaneously “most free” space for their users is still being precariously trekked daily.