附近上门

Welcome to the聽附近上门 News Weekend Update. An email form of this post went out Saturday morning. Happy reading!

As we enter Diwali, an Indian festival of lights, I鈥檓 missing the taste of my mom鈥檚 cooking (and honestly, even the itchy feel of traditional Indian attire). So when I learned about聽, or聽, I was ecstatic. It鈥檚 a departure from what I usually see covering tech, and a reminder that fresh perspectives exist everywhere.

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Anyways, as I defrost some Trader Joe鈥檚 butter paneer and hope for the best, let鈥檚 get into the news from the past week.

贵颈谤蝉迟,听the good news: Zonehaven raised fresh capital to聽use data for wildfire management, and Winnie got $9 million聽for childcare relief. We also saw the聽Swiss鈥檚 Planted aim at fake meat聽and Austin鈥檚 Literati聽create a subscription book club for kids. Finally, we covered funding for聽mental healthcare聽and a startup looking to聽free everyone from聽mortgage woes.

Now, the bad news:聽Layoffs continued for WeWork听补苍诲听began for PAX Labs, reminding us that big companies may have flashy checks but聽remain vulnerable to failure like other startups. Also, WeWork鈥檚 controversial-but-once-darling ex-CEO Adam Neumann left his company in shambles,聽but still walked away with over a billion.

Wrapping up with some numbers, data shows that Silicon Valley鈥檚聽funding share is shrinking as a percentage of a global whole. While that may feel a bit surprising, I鈥檒l remind you that a聽Chicago-based company just filed its S-1, and聽there鈥檚 a soon to be Utah-based unicorn.

Until next week,

滨濒濒耻蝉迟谤补迟颈辞苍:听

P.S. I put out a personal newsletter every Monday,聽聽if you鈥檙e interested!