Pledge 1% is asking VCs to help unlock billions in corporate philanthropy

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The corporate philanthropy organization Pledge 1% has, since its launch in 2014, asked founders to donate 1% of their companies’ equity, product, or employees’ time starting on their first day of business. While the Bay Area-based outfit has found meaningful support from companies like DocuSign, Box, Twilio Okta and PagerDuty that pledged their resources ahead […]

Trucks VC launches two new funds for early and late-stage transportation startups

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Trucks Venture Capital, a fund that focuses on early-stage entrepreneurs in transportation, is launching two new funds that it says will help build the future of transportation. Its new core fund, Trucks Venture Fund 2 (TVF2), was raised over the last year and recently closed on $52,525,252. The fund is backed by three auto OEMs […]

Don’t trust that SPAC deck

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The continuing saga of Lordstown Motor’s struggles as a public company took a new turn today as the electric truck manufacturer made yet more news. Bad news. Shares of Lordstown are down sharply today after the company reported in an SEC filing that it does not have enough capital to build and launch its electric […]

Ring won’t say how many users had footage obtained by police

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Ring gets a lot of criticism, not just for its massive surveillance network of home video doorbells and its problematic privacy and security practices, but also for giving that doorbell footage to law enforcement. While Ring is making moves towards transparency, the company refuses to disclose how many users had their data given to police. […]