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Miami twins raise $18M for Lula, an insurance infrastructure upstart

TechCrunch

Lula , a Miami-based insurance infrastructure startup, announced today it has raised $18 million in a Series A round of funding. Existing backers such as Nextview Ventures and Florida Funders also put money in the round, in addition to a number of insurance and logistics groups such as Flexport.

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a16z now wants to manage the money of the entrepreneurs it backs

TechCrunch

Both Iconiq Capital and Sequoia Capital offer money management services. As Bloomberg notes , wealth management can be a hugely profitable venture once the money comes in the door. A16z made headlines for another reason recently when it announced that moving forward, its headquarters will “be in the cloud.

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Clubhouse will create billions in value and capture none of it

TechCrunch

Hello and welcome back to Equity , TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. And somehow, Microsoft Excel and Miami? TechCrunch scooped that Pipe is raising more money at a huge new valuation , and we argue about what a derivative really is.

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Equity Monday: Tesla buys bitcoin, Nexthink raises, and Bumble

TechCrunch

Hello and welcome back to Equity , TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. You can follow the show on Twitter here and myself here — and be sure to check out last week’s main ep that dug into Robinhood, Miami, and a host of other topics. Here’s the rundown: Pony.ai

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Daily Crunch: Meta decimates its staff as the social media giant lays off 11,000

TechCrunch

If you’re excited to make sense of the crypto world, we’ve got an event in Miami coming up in a couple of weeks — details and tickets here ! — Christine and Haje. Like our headline stories, but more summarized: Like Excel, but more better : Equals secures $16 million investment to supercharge spreadsheets , reports Kyle.

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Meet the self-driving brains working with Volkswagen and Ford

The Verge

It’s August 2021, and while that hasn’t happened, Argo has launched a small fleet of robotaxis in Miami and Austin in partnership with Lyft. Whether it be in the core of Miami, Austin, DC. So this all depends on your frame of reference, Nilay, and I guess, which headlines you’re reading and believing. I think so.

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6 Miami-based investors share their views on the region’s startup scene

TechCrunch

Miami is quickly becoming a symbol for the tech exodus from Silicon Valley. In this survey, these investors agree on several aspects of Miami. As they say below, the future of work is uncertain and Miami is becoming more attractive as workforces disconnect from office buildings. David Goldberg, general partner, Alpaca.

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