Category: UNCATEGORIZED

16 Oct 2019

Only 3 days left: Apply to TC Top Picks @ Disrupt Berlin 2019

Deadline countdowns are relentless, and the application window to our TC Top Picks program is rapidly shrinking. The countdown ends and the window slams shut in just three days on 18 October at 12 p.m. (PT). If you want a shot at winning a free Startup Alley Exhibitor Package at Disrupt Berlin 2019, then take just a few moments and apply to be a TC Top Pick right now.

Attending a TechCrunch Disrupt conference as a TC Top Pick is one of the best ways to expose your early-stage startup to global media, eager investors and a VIP networking experience. How does it all work? Read on, founders…read on!

TC Top Picks is a pre-Disrupt competition, and we will accept applications from any early-stage startups that fit into one of these tech categories: AI/Machine Learning, Biotech/Healthtech, Blockchain, Fintech, Mobility, Privacy/Security, Retail/E-commerce, Robotics/IoT/Hardware, CRM/Enterprise and Education.

Our highly discerning TechCrunch editors review every application with a sharp eye for potential success, and they’ll select up to five startups they feel represent the best in each category. The Startup Alley Exhibitor Package that each TC Top Pick receives (at no cost) includes three Founder passes and one full day to exhibit in a prime spot within Startup Alley.

You’ll also have access to all of the Disrupt stages (including the Startup Battlefield competition), the complete attendee list, the list of attending press, use of the Startup Alley Exhibitor Lounge and CrunchMatch — our business networking platform.

We promote the heck out of the TC Top Picks and, as a result, everyone wants to see who made the grade. That means plenty of people stopping by your booth — it’s a golden networking opportunity that could take your startup in a whole new and improved direction.

TC Top Picks also benefit from an interview with a TechCrunch editor that takes place live on the Showcase Stage. We video record the interview and promote it across our social media platforms, and you’ll be able to use it as an effective marketing tool long after Disrupt Berlin ends.

One more very cool item. Every exhibiting startup is eligible to be chosen by TechCrunch as a Wild Card. Why does that matter? The Wild Card gets to compete in the Startup Battlefield, which has a $50,000 prize. Last year, Legacy earned the Wild Card slot, and then went on to win the Startup Battlefield competition.

Disrupt Berlin 2019 takes place on 11-12 December. Why not take a shot to showcase your company in Startup Alley for free? Your window of opportunity closes in just three days. Beat the 18 October 12 p.m. (PT) deadline, and apply to be a TC Top Pick today.

Is your company interested in sponsoring or exhibiting at Disrupt Berlin 2019? Contact our sponsorship sales team by filling out this form.

16 Oct 2019

Booqed, a Hong Kong-based platform for on-demand work spaces, raises $1.675 million in seed funding

Booqed, a Hong Kong-based platform for booking short-term work spaces, announced today that it has raised $1.675 million in seed funding. Participants included Colliers International, the commercial real-estate management company, Techstars and Lazard Korea.

The company participated in Proptech Accelerator, the Toronto-based accelerator program for property and real estate startups run by Colliers and Techstars, in 2018.

Launched in September 2016, Booqed currently has 1,600 listings for spaces in Hong Kong, Shenzhen and Singapore. It will use its seed round on product roll-outs, marketing and hiring. The platform differentiates from co-working spaces and companies like WeWork because its inventory consists of underused spaces in existing commercial properties, giving property owners and managers to way to make money instead of letting them sit empty.

Booking times can be as short as an hour or as long as several months, and listings include offices and meeting rooms, event spaces, retail stores and studios. Most of the startup’s customers are corporate clients that need to book venues or work spaces for traveling employees.

16 Oct 2019

Healx raises $56M Series B to use AI to find treatments for rare diseases

Healx, a Cambridge, U.K.-based startup using AI to help discover new treatments for rare diseases, has raised $56 million in Series B funding.

Leading the round is London-base VC firm Atomico, with participation by Intel Capital, Global Brain and btov Partners. All previous investors, including Balderton Capital, Amadeus Capital Partners, and Jonathan Milner have also followed on.

Healx says the new financing will be used to develop the company’s “therapeutic pipeline” and to launch its global Rare Treatment Accelerator programme, which will partner with patient groups in an attempt to make rare desease drug discovery much more efficient.

More broadly, the aim is to discover new treatments and move them towards clinic “within 24 months,” which is significantly faster than the status quo. Meanwhile, many rare conditions aren’t currently the focus of new treatments at all.

“There are over 7,000 rare diseases affecting 400 million people worldwide (50% of these are children). Of these diseases, 95% still lack an approved treatment today,” Healx co-founder and CEO Dr Tim Guilliams tells TechCrunch.

“The traditional model of discovery and clinical development of new medicines is very expensive in terms of costs, timelines and efficacy. To bring a new drug to market typically costs $2-3 billion, takes 12-14 years to develop and has a 95% failure rate”.

Specifically, Guilliams says that the current model doesn’t work for diseases which have a small patient population as the return on investment from drug sales simply won’t work with the discovery and development costs being so high. What’s needed is a “radical change of course” by using AI to discover alternative uses for existing drugs.

“By focusing on approved drugs and harnessing the power of AI we’ve been able to make the rare disease drug discovery process a faster and more efficient one,” he claims. “We’ve since made it our mission to progress 100 rare disease treatments towards the clinic by 2025”.

Of course, applying AI technology to drug discovery isn’t unique to Healx and nor are the challenges in doing so. BenevolentAI, for example, has grabbed lots of headlines, most recently reportedly having its valuation cut. However, Guilliams says Healx is taking a different approach to other companies in the space, which also includes Recursion Pharmaceuticals and Insilico Medicine.

“Our focus and approach is quite different. We focus on rare genetic diseases and have the world’s leading biomedical knowledge graph for rare diseases… [and] we don’t develop new molecules, we maximise the value of already-approved drugs”.

In addition, Guilliams says that Healx’s technology is data-driven and “hypothesis-free,” which is very different from traditional target-based drug discovery. “We are able to predict drug combinations and translate them very fast in the clinic… [and] we work extremely closely with patient groups, as strategic partners and disease experts,” he adds.

It’s also worth mentioning that Healx co-founder, Dr David Brown, has invented several drugs that have made it to market (including being one of Viagra’s inventors). These have turned over $40 billion in revenue, apparently. “We know how to do this,” says Guilliams.

Healx claims to have validated its innovative model with the FRAXA Research Foundation. “Fragile X syndrome” is the leading genetic cause of autism and I’m told there are currently no approved treatments for the disease. That could be about to change with Healx and FRAXA set to soon launch early clinical trials to test multiple treatment combinations. Further clinical programmes for other rare diseases will begin later in 2020.

IrinaH 600x400

Atomico’s Irina Haivas

Meanwhile, I asked Atomico Principle Irina Haivas, who led on behalf of the firm, what attracted her to the investment and how she views the risks associated with backing a company like Healx, given it is trying to find a needle in a haystack (drug discovery) and also needs to commercialise those discoveries. In other words, there are a lot of unknowns and a very long time to market.

“One of the reasons I chose to join Atomico is precisely because they are not afraid to make these sorts of bold, long term bets knowing that if it works then Healx will dramatically improve the lives of 400 million people living with a rare disease,” she tells me.

“Obviously, such ambitious bets also come with a certain degree of risk but I would say that in the case of Healx all the early signs are there that we can use AI to solve this “big search” problem better than humans traditionally did. However, the ultimate proof will be getting treatment to market of course”.

With that said, she also cautions that startups like Healx are creating a new category of companies. That’s because they are neither traditional tech nor traditional biopharma.

“They will need a different framework from an investor perspective, some investors will take time to get comfortable with that,” adds the surgeon-turned-VC.

16 Oct 2019

Databricks brings its Delta Lake project to the Linux Foundation

Databricks, the big data analytics service founded by the original developers of Apache Spark, today announced that it is bringing its Delta Lake open-source project for building data lakes to the Linux Foundation and under an open governance model. The company announced the launch of Delta Lake earlier this year and even though it’s still a relatively new project, it has already been adopted by many organizations and has found backing from companies like Intel, Alibaba and Booz Allen Hamilton.

“In 2013, we had a small project where we added SQL to Spark at Databricks […] and donated it to the Apache Foundation,” Databricks CEO and co-founder Ali Ghodsi told me. “Over the years, slowly people have changed how they actually leverage Spark and only in the last year or so it really started to dawn upon us that there’s a new pattern that’s emerging and Spark is being used in a completely different way than maybe we had planned initially.”

This pattern, he said, is that companies are taking all of their data and putting it into data lakes and then do a couple of things with this data, machine learning and data science being the obvious ones. But they are also doing things that are more traditionally associated with data warehouses, like business intelligence and reporting. The term Ghodsi uses for this kind of usage is ‘Lake House.’ More and more, Databricks is seeing that Spark is being used for this purpose and not just to replace Hadoop and doing ETL (extract, transform, load). “This kind of Lake House patterns we’ve seen emerge more and more and we wanted to double down on it.”

Spark 3.0, which is launching today, enables more of these use cases and speeds them up significantly, in addition to the launch of a new feature that enables you to add a pluggable data catalog to Spark.

Data Lake, Ghodsi said, is essentially the data layer of the Lake House pattern. It brings support for ACID transactions to data lakes, scalable metadata handling, and data versioning, for example. All the data is stored in the Apache Parquet format and users can enforce schemas (and change them with relative ease if necessary).

It’s interesting to see Databricks choose the Linux Foundation for this project, given that its roots are in the Apache Foundation. “We’re super excited to partner with them,” Ghodsi said about why the company chose the Linux Foundation. “They run the biggest projects on the planet, including the Linux project but also a lot of cloud projects. The cloud-native stuff is all in the Linux Foundation.”

“Bringing Delta Lake under the neutral home of the Linux Foundation will help the open source community dependent on the project develop the technology addressing how big data is stored and processed, both on-prem and in the cloud,” said Michael Dolan, VP of Strategic Programs at the Linux Foundation. “The Linux Foundation helps open source communities leverage an open governance model to enable broad industry contribution and consensus building, which will improve the state of the art for data storage and reliability.”

15 Oct 2019

Brazilian unicorn Ebanx will hit $2 billion in payments processed by the end of the year

Ebanx, the newly minted Brazilian financial services unicorn, expects to process $2 billion in payments by the end of the year and is looking to expand its offerings into domestic payments as it grows.

Since its launch in 2012, Ebanx has primarily focused on helping international merchants sell locally in Brazil. The Brazilian business accounts for nearly 90% of the company’s revenue, but as it expands into other markets the company is also broadening its suite of services.

The company moved into local payment processing in Brazil in April of this year, and recently closed on a new financing round from previous investors FTV and Endeavor Catalyst that values the company north of $1 billion, according to chief executive Alphonse Voigt. 

The money will be used to continue an aggressive hiring push in new markets and the launch of the company’s local payment services in other geographies, beginning with Colombia in the new year.

As credit cards penetrate the Latin American market, approval rates for local companies are increasing, which represents an attractive new source of revenue, Voigt says.

In addition to the local payment processing, Ebanx recently announced that it became a payment partner for the Uber Pay ecosystem in Latin America and would start processing cash voucher and bank transfer payments for Uber in Brazil and across Latin America. The company also inked deals with Coursera, Scribd, Trip.com and Shopify throughout Latin America. Finally, the company partnered with Visa* on an initiative to increase electronic payments in the Brazilian state of Parana.

*This story has been updated to reflect that Ebanx is partnering with Visa in Parana.

15 Oct 2019

Google Nest Mini hands-on

Two years after the release of the Home Mini, Google’s back with the sequel. Well, “sequel” might be a bit strong. The Nest Mini is more like one of those 1.5 movies they release on home video with a little extra footage than the theatrical release.

That’s not a compliant, exactly. The truth is there are some improvements here, but honestly, Google didn’t really need to do much. The $49 Home Mini sold like hot cakes and is a big part of the company’s rapid growth in the smart home space.

google nest mini

It was a low barrier of entry for those who were curious, but perhaps not fully on-board. And, like the Echo Dot before, it’s been an inexpensive way to outfit an entire home with smart speaker functionality.

Google has smartly kept the price the same with the Nest Hub. The device may not be a loss leader, exactly, but it’s the easiest and cheapest way of hooking users into the Assistant ecosystem — one that will theoretically lead to more smart home purchases, and, perhaps mobile device decisions.

The Nest is nearly identical to its predecessor. That, too, is fine. It’s simple and with a choice of four pastel colors (Chalk, Charcoal, Coral and Sky), it should fit most interior designs reasonably well. Bonus points for the new fabric covering, which is made entirely from recycled plastic bottles. Google says one half-liter bottle will cover two Minis. Interestingly the new cloth doesn’t negatively impact the sound.

google nest mini

Speaking of, that’s the biggest upgrade on-board. Sound has been improved over the original with a louder max volume and twice the bass. I’ve been listening to music at home on the new device, and while it gets pretty loud, I can’t recommend it as a standalone speaker. There are much better options for that. It serves Assistant and voice playback pretty well, but it gets a bit distorted at louder volumes.

I do quite like the music playback controls, however. Tap the center to play or pause music and either side to increase and decrease volume. When your hand approaches the speaker, two dots will illuminate on the edges to show you where to touch. Paired in stereo mode with another, better speaker (like, say, the Home Max) and it serves as a cool little touch control. The recent addition of stream transfer, meanwhile, makes it easier to keep listening to music as you change rooms.

Another interesting tidbit that didn’t get a lot of mention at today’s event is dynamic volume adjustment, which adjusts the sound based on background noise. It’s similar to the feature the company teased with today’s Pixel Buds reveal and could come in handy if you happen to live or work in a loud environment. Take that, neighbors.

google nest mini

The new Mini presents one of the more compelling use cases I’ve seen for Duo thus far (and honestly, I haven’t seen a ton). You can use the device as a kind of speakerphone with the app. I can certainly see this coming in handy for things like work calls at home. If you’ve got a big home, you can also use it as an intercom to communicate with other Home/Nest devices.

One other bit worth mentioning is the smart addition of a wall mount on the bottom of the device. It’s something small, but handy. Using a nail or thumbtack (well, probably just a nail, given the size/weight), you can now hang the Mini on a wall. Apparently this was a pretty heavily requested feature for those with limited shelf space. I could certainly imagine sticking it in my kitchen, where counter space is at an extreme premium — though dealing with the cord is another question entirely.

The Nest Mini arrives on retail shelves and walls October 22.

15 Oct 2019

SpaceX files paperwork to launch up to 30,000 more Starlink global internet satellites

SpaceX has filed documents with the International Telecommunication Union, which governs international use of global bandwidth, to launch up to 30,000 more satellites for its Starlink global broadband constellation, SpaceNews reports. That’s on top of the 12,000 it already has permission to launch. Why so many? SpaceX says that it’s about ensuring its network can meet anticipate demand “responsibly.”

“As demand escalates for fast, reliable internet around the world, especially for those where connectivity is non-existent, too expensive or unreliable, SpaceX is taking steps to responsibly scale Starlink’s total network capacity and data density to meet the growth in users’ anticipated needs,” wrote a SpaceX spokesperson in an emailed statement to TechCrunch.

The ITU filing doesn’t mean SpaceX is launching 30,000 satellites tomorrow: In fact, the company is looking to launch likely only a few hundred in the coming year. But SpaceX is anticipating big increases in the demand for low-latency and high-capacity broadband globally, and its initial deployment plans only cover a fraction of that demand. Plus, given the increased interest in providing communications from orbit, there’s bound to be a growing rush on spectrum over the next few years.

Starlink will originally set out to provide service in the northern U.S., as well as parts of Canada, beginning as early as next year when the network goes live. The plan is to then scale the network to global coverage over the course of around 24 launches of Starlink satellites. It’s betting that it’ll need to scale by adding on nodes opportunistically to address demand, especially since most current coverage demand models don’t take into account regions that are getting broadband access for the first time.

SpaceX is also priming Starlink for high-traffic operation (though the total constellation won’t all be operating in the same orbital region, it’ll still be a considerable addition to the orbital population relative to the roughly 8,000 objects that have been launched to space to date – in total). The measures SpaceX is taking to deal with traffic include building in automated collisions avoidance systems, structure de-orbiting plans, information sharing about orbital routes for their satellites and more, and the company says it’s meeting or exceeding the industry standards that have been established thus far around this.

To address the concerns of astronomers, SpaceX is also turning the base or Earth-facing portion of all future Starlink satellites back, which should help address concerns of space watchers who are concerned about the impact that large constellations will have on stellar observation and research. The company will also take steps to adjust satellite orbits where it’s shown that its constellation is impeding serious scientific pursuit.

Starlink launched its first 60 satellites back in May, and the plan is that each roughly 500 lb satellite will work in tandem with the others to communicate with ground stations that end users will then be able to connect to in order to get a broadband network signal.

15 Oct 2019

SpaceX files paperwork to launch up to 30,000 more Starlink global internet satellites

SpaceX has filed documents with the International Telecommunication Union, which governs international use of global bandwidth, to launch up to 30,000 more satellites for its Starlink global broadband constellation, SpaceNews reports. That’s on top of the 12,000 it already has permission to launch. Why so many? SpaceX says that it’s about ensuring its network can meet anticipate demand “responsibly.”

“As demand escalates for fast, reliable internet around the world, especially for those where connectivity is non-existent, too expensive or unreliable, SpaceX is taking steps to responsibly scale Starlink’s total network capacity and data density to meet the growth in users’ anticipated needs,” wrote a SpaceX spokesperson in an emailed statement to TechCrunch.

The ITU filing doesn’t mean SpaceX is launching 30,000 satellites tomorrow: In fact, the company is looking to launch likely only a few hundred in the coming year. But SpaceX is anticipating big increases in the demand for low-latency and high-capacity broadband globally, and its initial deployment plans only cover a fraction of that demand. Plus, given the increased interest in providing communications from orbit, there’s bound to be a growing rush on spectrum over the next few years.

Starlink will originally set out to provide service in the northern U.S., as well as parts of Canada, beginning as early as next year when the network goes live. The plan is to then scale the network to global coverage over the course of around 24 launches of Starlink satellites. It’s betting that it’ll need to scale by adding on nodes opportunistically to address demand, especially since most current coverage demand models don’t take into account regions that are getting broadband access for the first time.

SpaceX is also priming Starlink for high-traffic operation (though the total constellation won’t all be operating in the same orbital region, it’ll still be a considerable addition to the orbital population relative to the roughly 8,000 objects that have been launched to space to date – in total). The measures SpaceX is taking to deal with traffic include building in automated collisions avoidance systems, structure de-orbiting plans, information sharing about orbital routes for their satellites and more, and the company says it’s meeting or exceeding the industry standards that have been established thus far around this.

To address the concerns of astronomers, SpaceX is also turning the base or Earth-facing portion of all future Starlink satellites back, which should help address concerns of space watchers who are concerned about the impact that large constellations will have on stellar observation and research. The company will also take steps to adjust satellite orbits where it’s shown that its constellation is impeding serious scientific pursuit.

Starlink launched its first 60 satellites back in May, and the plan is that each roughly 500 lb satellite will work in tandem with the others to communicate with ground stations that end users will then be able to connect to in order to get a broadband network signal.

15 Oct 2019

LinkedIn gets physical, debuts Events hub for people to plan in-person networking events

LinkedIn, the Microsoft-owned social network for the working world with around 650 million users, is known best as a place where people connect with each other online either to build work connections, for recruitment, or for professional development. Now, the company is taking a step to bring its networking features into the physical world: the company is launching a new feature called Events, a (currently free) tool for people to plan, announce and invite people to meetups and other get-togethers, in the physical world.

The feature — which will appear as a menu item in LinkedIn’s website and mobile app — is rolling out first in English-speaking countries starting October 17, with the aim to expand it to further non-English markets soon after that.

Ajay Datta, the head of product for LinkedIn India (where the app was developed; more on that below), believes that there is a clear gap in the market for a feature like this, much like you could argue Facebook’s events feature has served a role in the out-of-work world to plan casual events.

“I think there is a massive whitespace for events today,” he said. “People don’t have a single place to organise [work-related] offline meetups specific to an industry or a neighborhood. People want to find other people.”

You may recall a limited trial of the Events feature about a year ago in New York and San Francisco: the kinds of events that LinkedIn said were created with the pilot included meetups, training sessions, offsites, sales events and happy hours, so expect to see these popping up in the live product, too.

Screenshot 2019 10 15 at 18.26.01

Events is also important because it is the first major, global feature to be built out of the company’s R&D office in Bangalore, India — a significant milestone for the team of engineers and others that are based there. Up to now, much of the work that they have done has been focused on regional tools or those specifically targeting emerging markets.

LinkedIn Lite, the company’s pared-down Android app for users in bandwidth-constrained markets, has probably been the  Bangalore office’s biggest win so far: it has now passed 10 million downloads in the 70+ countries where it is available.

To be clear, right now, Events is free to use and is fairly limited in its first iteration. You can create an announcement and invite first-person contacts, but you have no way to promote the event beyond your own organic reach on the platform (and wherever you might want to share the link outside it).

“Targeting is not the focus right now,” said Ajay Datta, the head of product at LinkedIn India. “Organic adoption is what we are looking for first before we look at anything else.”

You can lay out your plans, but there are no links to services to find and book out available spaces. You can’t create any ticketing or other limitations on attendance numbers, but you can include links to places where you might be able to manage such things, such as Eventbrite or any of its many competitors.

But if this starts to see traction — and I suspect that it will, because of its natural proximity to the social network to amplify an event, and the fact that most of the people who are hanging out on LinkedIn are likely to already be predisposed to engaging on it — you could imagine how LinkedIn might start to add on all of the above, and more. It says that other areas where it’s continuing to experiment to facilitate better in-person connections using include QR codes, business cards, and proximity-based beacons.

This could help LinkedIn create another revenue stream in its business — or at least provide another way to boost existing revenue streams such as premium memberships (access to a wider circle of people to invite), advertising and recruitment solutions. Potentially, this could help pave the way to positioning LinkedIn (and by association, Microsoft) as an Eventbrite competitor.

From the Events menu bar, you will be able to create events yourself and also invite others. It looks like it’s already live on my own account, so here is how it looks from there:

Screenshot 2019 10 15 at 18.43.00

And here’s how the event-creation window looks. As you can see, you post links through to other sites for ticketing, and potentially further details about agendas and more. Each box has a limit on

Screenshot 2019 10 15 at 18.42.15

LinkedIn is also being cognisant of its reputation for how the platform can be used for over-aggressive contacting, and so it’s also including security features for people to report and block suspicious events or conversations related to them. It’s also applying AI algorithms to the events that do get listed to screen them for bad actors and bogus content, which then get assessed by human reviewers for further action.

The move into Events is one of the bigger moves that LinkedIn has made over the last several years — another big one has been its efforts in educational content — to open itself up to a new area of business by leveraging how it uses the professional graph that it has built up over time. It sometimes feels to me that under Microsoft (which bought the company for $26 billion in 2016) the company has been less productive in terms of launching new services and generally making noise, so this move is interesting in that sense too.

Still, the synergy between online networking and physical networking is so close that it’s a surprise that the company hadn’t launched an Events feature before now. All the more because Linked has dabbled in building tools to help people make better connections with each other when they are in the same physical space before.

Years ago it launched a Connected app to help people maximise the kinds of connections they make in the physical world. It has since been sunset and integrated into the main LinkedIn app, which has a “find nearby” feature that you can use to see if people who are your connections are, say, at the same conference as you are, or if you’re meeting a contact for coffee and don’t know what the person looks like.

It’s also been over the last three months seeding the idea of associating actual events with LinkedIn the platform by encouraging the organising of “LinkedIn Local” events, which apparently have created more feedback from users to build an Events too, too.

It’s not clear why it’s taken so long — LinkedIn sometimes does take its time, as it did with video — but in this period when some of us are beginning to pause and ponder what being online too much does for our ability to relate to each other, collaborate and progress not just in the working world, but in the wider world, it’s an interesting moment to choose to launch Events. We’ll see if LinkedInners agree.

15 Oct 2019

LinkedIn gets physical, debuts Events hub for people to plan in-person networking events

LinkedIn, the Microsoft-owned social network for the working world with around 650 million users, is known best as a place where people connect with each other online either to build work connections, for recruitment, or for professional development. Now, the company is taking a step to bring its networking features into the physical world: the company is launching a new feature called Events, a (currently free) tool for people to plan, announce and invite people to meetups and other get-togethers, in the physical world.

The feature — which will appear as a menu item in LinkedIn’s website and mobile app — is rolling out first in English-speaking countries starting October 17, with the aim to expand it to further non-English markets soon after that.

Ajay Datta, the head of product for LinkedIn India (where the app was developed; more on that below), believes that there is a clear gap in the market for a feature like this, much like you could argue Facebook’s events feature has served a role in the out-of-work world to plan casual events.

“I think there is a massive whitespace for events today,” he said. “People don’t have a single place to organise [work-related] offline meetups specific to an industry or a neighborhood. People want to find other people.”

You may recall a limited trial of the Events feature about a year ago in New York and San Francisco: the kinds of events that LinkedIn said were created with the pilot included meetups, training sessions, offsites, sales events and happy hours, so expect to see these popping up in the live product, too.

Screenshot 2019 10 15 at 18.26.01

Events is also important because it is the first major, global feature to be built out of the company’s R&D office in Bangalore, India — a significant milestone for the team of engineers and others that are based there. Up to now, much of the work that they have done has been focused on regional tools or those specifically targeting emerging markets.

LinkedIn Lite, the company’s pared-down Android app for users in bandwidth-constrained markets, has probably been the  Bangalore office’s biggest win so far: it has now passed 10 million downloads in the 70+ countries where it is available.

To be clear, right now, Events is free to use and is fairly limited in its first iteration. You can create an announcement and invite first-person contacts, but you have no way to promote the event beyond your own organic reach on the platform (and wherever you might want to share the link outside it).

“Targeting is not the focus right now,” said Ajay Datta, the head of product at LinkedIn India. “Organic adoption is what we are looking for first before we look at anything else.”

You can lay out your plans, but there are no links to services to find and book out available spaces. You can’t create any ticketing or other limitations on attendance numbers, but you can include links to places where you might be able to manage such things, such as Eventbrite or any of its many competitors.

But if this starts to see traction — and I suspect that it will, because of its natural proximity to the social network to amplify an event, and the fact that most of the people who are hanging out on LinkedIn are likely to already be predisposed to engaging on it — you could imagine how LinkedIn might start to add on all of the above, and more. It says that other areas where it’s continuing to experiment to facilitate better in-person connections using include QR codes, business cards, and proximity-based beacons.

This could help LinkedIn create another revenue stream in its business — or at least provide another way to boost existing revenue streams such as premium memberships (access to a wider circle of people to invite), advertising and recruitment solutions. Potentially, this could help pave the way to positioning LinkedIn (and by association, Microsoft) as an Eventbrite competitor.

From the Events menu bar, you will be able to create events yourself and also invite others. It looks like it’s already live on my own account, so here is how it looks from there:

Screenshot 2019 10 15 at 18.43.00

And here’s how the event-creation window looks. As you can see, you post links through to other sites for ticketing, and potentially further details about agendas and more. Each box has a limit on

Screenshot 2019 10 15 at 18.42.15

LinkedIn is also being cognisant of its reputation for how the platform can be used for over-aggressive contacting, and so it’s also including security features for people to report and block suspicious events or conversations related to them. It’s also applying AI algorithms to the events that do get listed to screen them for bad actors and bogus content, which then get assessed by human reviewers for further action.

The move into Events is one of the bigger moves that LinkedIn has made over the last several years — another big one has been its efforts in educational content — to open itself up to a new area of business by leveraging how it uses the professional graph that it has built up over time. It sometimes feels to me that under Microsoft (which bought the company for $26 billion in 2016) the company has been less productive in terms of launching new services and generally making noise, so this move is interesting in that sense too.

Still, the synergy between online networking and physical networking is so close that it’s a surprise that the company hadn’t launched an Events feature before now. All the more because Linked has dabbled in building tools to help people make better connections with each other when they are in the same physical space before.

Years ago it launched a Connected app to help people maximise the kinds of connections they make in the physical world. It has since been sunset and integrated into the main LinkedIn app, which has a “find nearby” feature that you can use to see if people who are your connections are, say, at the same conference as you are, or if you’re meeting a contact for coffee and don’t know what the person looks like.

It’s also been over the last three months seeding the idea of associating actual events with LinkedIn the platform by encouraging the organising of “LinkedIn Local” events, which apparently have created more feedback from users to build an Events too, too.

It’s not clear why it’s taken so long — LinkedIn sometimes does take its time, as it did with video — but in this period when some of us are beginning to pause and ponder what being online too much does for our ability to relate to each other, collaborate and progress not just in the working world, but in the wider world, it’s an interesting moment to choose to launch Events. We’ll see if LinkedInners agree.