by RJ Shara | May 21, 2021 | Fundings and Exit, Startups
Hey there and welcome back to Equity, TechCrunch’s endeavor capital-focused podcast, where we unload the numbers behind the headlines. Today was good enjoyable not just since we had the entire team together to record, but likewise because we are still basking in the unlimited splendor of our winning a Webby earlier this week. Honestly we are still […] , TechCrunch’s endeavor capital-focused podcast, where we unload the numbers behind the headings. Honestly we are still stunned. Anyhoo, we had a packed program with much, much left on the floor as we tried to shoehorn the week into our time slot. The program flew by, much like our days recently, merely since it was so enjoyable and packed with news. And we got to make jokes about our listeners and Monday.com PR timing, so what else could we ask for?…
by RJ Shara | May 17, 2021 | Startups
After 7 years at Google, Jacquelle Amankonah Horton knew there was a white area in social in between creators and fans. She constructed Fave to fill in that gap, and the company today announced the close of a $2.2 million seed round. Female Founders Fund, HYBE, Sony Music, Warner Music, Concord Music, Quality Assurance, Right Hand […] Favorite is all about the relationship between creators and fans. Favorite is broken down by fandoms (starting with Swifties/Taylor Swift), permitting fans to link with one another, develop material and buy and sell fan-themed merchandise and artwork to one another. The startup is also looking to capitalize on some of the competitiveness involved in being an incredibly fan, giving developers the ability to set up contests and let their fans compete. The hope is to offer fans a place where they can truly let their fan flag fly, while giving artists a method to connect straight with fans. 
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by RJ Shara | Apr 13, 2021 | Fundings and Exit
Pine Labs said on Tuesday it has gotten Southeast Asian start-up Fave in a deal valued at $45 million as the Indian company aims to strengthen its consumer-focused offerings in the domestic and international markets. Favorite assists an offline merchant link and maintain consumers by using gift cards and vouchers. The startup permits merchants to accept […] The startup permits merchants to accept digital payments by having a consumer scan a QR code. And merchants love us because they get a lot of brand-new and repeat consumers,” discussed Joel Neoh, co-founder and primary executive of Favorite, which like Pine Labs, is backed by Sequoia Capital India. This offering has actually specifically shown helpful to merchants in the pandemic as they rush for methods to drive sales from existing clients, said Amrish Rau, chief executive of Pine Labs, in an interview. Management of Favorite will continue to work at the start-up post the acquisition and Rau stated the team is working to bring Favorite’s offering to consumers in 3,700 Indian cities. 
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