Enterprise software investments may be tepid now, but they’re poised to engage

Logan Bartlett Contributor Share on Twitter Logan Bartlett is a vice president with Battery Ventures. More posts by this contributor The SaaS Success Database Have we reached “peak software”? Just like the idea of “peak oil”—the hypothetical point at which global oil production could max out—you could say we’re approaching a saturation point for venture-capital investments in software companies. Recent data from Pitchbook shows that venture investing in software companies has plateaued: The amount of VC money invested in these companies–$32 billion last year—remained roughly constant over the last four years. The actual number of venture-backed software investments, mostly for business-focused companies, has actually declined, from 4,068 in 2014 to… Read More

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Casper opens a storefront for $25 naps

Casper is opening a storefront designed specifically for sleepy New Yorkers in need of a nap. In The Dreamery, you can reserve nooks for 45 minutes at a time, at a cost of $25 per session. These nooks are basically giant wooden “O”s with curtains and soundproofed backing, and of course they’re stocked with Casper beds. It’s easy to dismiss or giggle about a nap store, but it seems a lot less funny when it’s a warm afternoon and you’re having trouble keeping your eyes open at work. In fact, I will happily confess to taking advantage of the TechCrunch New York couch after a big lunch, or after a… Read More

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Casper opens a storefront for $25 naps

Casper is opening a storefront designed specifically for sleepy New Yorkers in need of a nap. In The Dreamery, you can reserve nooks for 45 minutes at a time, at a cost of $25 per session. These nooks are basically giant wooden “O”s with curtains and soundproofed backing, and of course they’re stocked with Casper beds. It’s easy to dismiss or giggle about a nap store, but it seems a lot less funny when it’s a warm afternoon and you’re having trouble keeping your eyes open at work. In fact, I will happily confess to taking advantage of the TechCrunch New York couch after a big lunch, or after a… Read More

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Uber is hiring dozens of ‘mission specialists’ to help relaunch its autonomous vehicle program after deadly Arizona crash

Uber says it will replace a host of operators who had been monitoring the company’s fleet of self-driving vehicles on the road, after one of those vehicles fatally struck a pedestrian in Arizona in March. The ride-hailing company is hiring 55 “mission specialists” who will report technical data and feedback to developers. Uber has made sweeping changes to its autonomous-vehicle program since that fatal collision in Arizona. Since then, the company has paused its autonomous vehicle program in several states and laid off hundreds of people. Uber is replacing the drivers who had been monitoring the company’s self-driving vehicles during road testing, and replacing them with dozens of specialized technicians.… Read More

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Tech titan Elon Musk’s latest cause: Checking for unsafe water in Flint, Mich.

Water samples from 2015 show a range of contamination in tap water from Flint, Mich. (FlintWaterStudy.org Photo) Elon Musk didn’t even wait to get back from his Asia trip to start a new philanthropic campaign, this time to do something about the contaminated water supply in Flint, Mich. The genesis of Musk’s involvement with the years-old Flint controversy echoes how he came to build a mini-submarine for the soccer-playing boys trapped in a Thai cave. It all started with a seemingly flip suggestion from comedy writer Cullen Crawford — plus an assist from Don A. Bailey, a Flint native who runs a blockchain consulting firm called Lab Mouse Security. Bailey… Read More

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