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Ritual alumni launch GoodGood with $6.5 million to scale commerce for local food and drink makers (BETAKIT)
In April 2021, Kim and Linney teamed up to launch GoodGood after noticing that, despite the increased demand for local commerce during COVID-19, there was a gap in the market to access and discover craft items like beer and specialty snacks.
Make purchases easier with Zip this holiday season. Shop online with Zip at check out and pay in 4 interest-free instalments. With no hidden fees, no credit impact, and instant approval, it’s really that easy to enjoy your holidays, stress-free!
Italy’s competition authority has fined Amazon $1.13 billion EUR for abusing its dominant position in the market and harming competitors in the e-commerce logistics service. Elsewhere, at least six workers died when an Amazon warehouse in Illinois collapsed after being struck by one of the tornadoes sweeping across the American Midwest.
A spokesperson from Sleepout told BetaKit Sleep Country acquired the 25 percent stake for $500,000 CAD.
The surprise decision comes three months after Everson started and follows the exit of a second top executive in October.
It’s hard to recognize you need a radical course correction. And it’s hard to pull one off once you’ve decided to go for it. We asked a CEO who had two successful pivots to share tips with us.
“Five [or] seven years ago, people were like, ‘I don’t like this, this is not real venture,” Francois Lafortune, CEO and co-founder of Diagram Ventures, told BetaKit in an interview earlier this year. “Now, some of the best brand name funds in the world do this.”
Europe pushes new rules turning gig workers into employees (NEW YORK TIMES)
A proposal with widespread political support would entitle drivers and couriers for companies like Uber to a minimum wage and legal protections.
Former Shopify senior leader and current founding partner of Backbone Angels Arati Sharma has been named Canada’s Angel of the Year by the National Angel Capital Organization. “I do hope that this inspires more people to write cheques and back women,” Sharma told BetaKit in an interview.
Mike Kwatinetz of Azure Capital Partners shares his approach to evaluating businesses and how to paint a picture that shows the quality of your startup.
Over one-third of gig workers say they have felt unsafe on the job, and nearly one-fifth have experienced sexual harassment (BUSINESS INSIDER)
35% of gig workers say they have felt unsafe while on the job, according to a recent report from Pew Research Center.
Life House closes $77 million CAD round co-led by Inovia, Kayak to help hotels boost profitability (BETAKIT)
Life House saw significant growth during the pandemic as hotel owners sought to control costs amid COVID-19 disruptions, and now plans to start selling its revenue management software to third-party hotel operators.
Inside Tim Cook’s secret $275 billion deal with Chinese authorities (THE INFORMATION)
Interviews and internal Apple documents provide a behind-the-scenes look at how the company made concessions to Beijing and won key legal exemptions.
In a recent BetaKit Live panel discussion, Shaun Ricci, General Manager, Talent Intelligence at Ceridian Dayforce, Lissa Ricci, Head of Sales, Small Business Solutions at Cisco Canada, and Andrew Popliger, Partner, National Tech Sector Leader at PwC spoke about the changing tides in Canadian tech and explained why talent is at the top of everyone’s mind right now.
How meal kits changed my mind about cooking (THE WALRUS)
The pandemic sparked a boom in cooking from scratch. Where do boxes of premeasured ingredients fit in?