Twilio CEO Jeff Lawson shares why he's spending $3.2 billion to acquire customer data startup Segment
In a joint interview with Forbes on Sunday night, Twilio CEO Jeff Lawson described the deal as the next step for a service that’s spent the last decade-plus “taking communications and breaking it down into building blocks” for developers to reach their own business’ customers.
As many of you readers know, we track fundraising market activity on a weekly basis with our Pitch Deck Interest metrics. In today's newsletter, we wanted to dig deeper into data we collected over Q3 and share our predictions for Q4 into 2021.
Venture funding for female founders has hit its lowest quarterly total in three years.
Firms invested a total of $434 million in Q3—the lowest figure since the second quarter of 2017. The third quarter total also amounts to a 48% drop in funding from Q2, when female founders received $841 million across 132 deals.
While overall US venture capital investments in 2020 are on par with previous years, those funds haven't necessarily reached female business owners, dealing them a disproportionate blow. Investments in women-led companies this year are on pace to be the worst since 2017.
- Around a quarter of U.S. adults, or roughly 26%, say they get news by watching YouTube videos, according to a new study from Pew Research Center, which examined the Google-owned video platform’s growing influence over news distribution in the U.S., as well as its consumption.
- The study found that established news organizations no longer have full control over the news Americans watch, as only one-in-five YouTube consumers (23%) said they “often” get their news from channels affiliated with established news organizations. The exact same percentage said they “often” get their news from independent channels instead.