Several years ago, I was chatting with a friend who\u2019d become an investor about an idea I had for a startup. It wasn\u2019t a pitch: I just wanted to see what they thought of my premise.<\/p>\n
\u201cThat sounds like a solid lifestyle startup,\u201d they replied, \u201cbut most investors I know are only looking for billion-dollar companies.\u201d<\/p>\n
The fundamentals of venture capital explain why investors are on a perpetual unicorn hunt, but \u201ceven markets with a seemingly dominant player can support multiple winners,\u201d writes Rebecca Szkutak.<\/p>\n
Full TechCrunch+ articles are only available to members. To learn more about the winner-take-all strategy that underpins tech investing<\/a>, she interviewed:<\/p>\n Thanks very much for reading,<\/p>\n Walter Thompson Image Credits:<\/strong> Image Source (opens in a new window)<\/span><\/a> \/ Getty Images<\/p>\n<\/div>\n Generative AI often looks like a magic trick, but complex prompts can consume a great deal of resources.<\/p>\n And that makes usage-based pricing a \u201cnatural fit\u201d for SaaS companies adding AI-powered products to their roster, says Puneet Gupta, a former AWS general manager who\u2019s now the CEO and co-founder of Amberflo.io.<\/p>\n \u201cSince the back-end costs of providing service are inherently variable, the customer-facing billing should be usage-based as well.\u201d<\/p>\n Image Credits:<\/strong> Bryce Durbin<\/p>\n<\/div>\n Tech is set on disrupting nearly every aspect of human existence. Except for one, it seems.<\/p>\n Between 2020 and 2022, sex tech startups raised just a little over $1 billion in venture capital, reports Dominic-Madori Davis. She interviewed Coyote Ventures co-founder Jessica Karr to learn more about the state of the sector.<\/p>\n \u201cSex tech is an inclusive space \u2014 there are also many new products that are innovative for gender inclusivity as well as sexual wellness for men,\u201d said Karr.<\/p>\n \u201cWhile the new products address the true diversity of all people\u2019s personal preferences, the taboo will remain for a long time.\u201d<\/p>\n
Use discount code TCPLUSROUNDUP<\/strong><\/a> to save 20% off a one- or two-year subscription.<\/i><\/p>\n\n
Editorial Manager, TechCrunch+<\/p>\nHow any SaaS company can monetize generative AI<\/h2>\n
VC Office Hours: Why the sex tech industry could benefit from today\u2019s politics<\/h2>\n
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How this VC evaluates generative AI startups<\/h2>\n
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