I think sales-on-demand is a very smart, but very challenging business.
Universal Avenue, the Stockholm-headquartered startup that lets companies access a local sales force on demand, has closed a deal of its own. The company has raised $10 million in fresh Series A funding, adding to the $5 million “extension” to its seed round a little under a year ago and bringing total funding to $17 million.
Source: On-demand sales force Universal Avenue closes $10M Series A | TechCrunch
In fact, active engagement with news on social media is relatively low in general. The proportion of people who often liked, commented, posted, and shared news was less than 16 percent, while those who did it only sometimes accounted for less than half of those surveyed. Interestingly, although young people are more likely to get their news online, they are no more likely to engage with news online than older people; indeed, Pew found that people over 50 were most likely to comment on news posts. That could be because young adults are less interested in news than their elders and discuss news at lower rates.
Source: Pew: Most news sharing remains low-tech, offline – Columbia Journalism Review
Ofcom said, on average, individuals in the UK watched three hours and 36 minutes of measured broadcast TV a day last year, 26 minutes fewer than five years ago. The drop was most pronounced among 16 to 24-year-olds and children, where viewing fell more than a quarter. The decline became less pronounced the older the viewers got, and was largely unchanged among over-65s. The figures were revealed in Ofcom’s annual research report about public service broadcasting for 2016, published on Monday.
Source: Third of TV watching among younger viewers done via on-demand services | Media | The Guardian
Apart from selling used/refurbished products, the company which was launched in 2012 by Alex Souter and Saptarshi Nath, claims to helps businesses and large e-commerce establishments manage their customer returns and eliminate unsold stock by offering these products at marked down prices (liquidation prices) to consumers and smaller retailers. Overcart claims this helps businesses to reduce their warehousing costs.
Source: Overcart secures $3M from JSW Ventures, Sattva Capital & others – MediaNama
A number of technology companies have switched or are in the process of switching their contractors to employees for reasons similar to those of Redfin, including Shyp, a parcel shipping service; Luxe Valet, which offers a valet parking app; and Munchery, a food delivery service. Honor, an on-demand service for home health care professionals, is making the move to improve training.
Source: A Start-Up Shies Away From the Gig Economy – The New York Times
The two young entrepreneurs absorbed the lessons from LivingSocial’s hell-bent expansion and are now focusing their operational skills on a different problem: how to deliver more than 1,000 fresh meals a night to upscale Washington-area professionals with surgical precision within a 30-minute window that is chosen by the customer.
Their ambitious start-up is called Galley, and it could make them rich if they pull it off. It won’t be easy. The 21st-century version of the TV dinner is a hot space right now
Source: Two LivingSocial alums cook up a fresh recipe in the foodie business space – The Washington Post
Mediconecta.com is a telehealth innovator that provides on-demand medical consultations via videoconference. Using an in-house network of physicians and a robust proprietary platform, the company offers complete clinical resolution via web, its mobile app or telehealth kiosks.
Source: Startup Spotlight: Mediconecta of Miami brings telehealth to emerging markets | Miami Herald
Live streaming, specifically Facebook Live, last week had it’s CNN moment, similar to CNN’s being catapulted to the leading edge of coverage by the Reagan Assissination Attempt in 1981. Many established journalistic and media practices must adapt.
Now it’s clear what Facebook Live is for.It’s replacing the last stronghold of television: live events.
Source: Facebook Live and the death of TV – Business Insider
The law, passed last month and effective immediately, requires “transportation network companies” – defined by the new law as companies that use technology like smartphone apps to arrange ride services – to register with the state Department of Safety and removes authority from municipalities. Individual drivers do not need to register with the state under the new law, only the companies for which they work.
However, the law does not include provisions for how companies can actually register with the state. Department of Safety Assistant Commissioner Richard Bailey Jr., said the Division of Motor Vehicles will need to create a registration process by going through the Legislature’s Joint Committee on Administrative Rules. He said that should last well into the fall. Until then, companies like Uber are free to operate as they have been in New Hampshire.
Source: NH Uber law called a ‘minimalist approach’ – News – seacoastonline.com – Portsmouth, NH