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Social distancing fatigue

Social distancing fatigue

The Daily Stack
April 30, 2020

A pick up in gasoline consumption and daily distance traveled have both picked up in recent weeks. There are more and more signs pointing to social distancing fatigues. How startups are using data to track movements.

The Federal Reserve held rates unchanged today while committing to using all tools available to help the US economy. Meanwhile, Nintendo's Animal Crossing Bank of Nook slashed its rate to near zero overnight, ahead of the Fed press conference. Video games are forming their own realities and communities now- with graduation ceremonies held on Minecraft, virtual rate cuts in parallel universes, video game makers are having a cultural moment. 

Juul Labs Inc. is planning to cut around a third of its staff as it grapples with falling e-cigarette market share and regulatory crackdowns. Juul has already cut 650 jobs last year and plans to cut between 800 and 950 jobs as part of a broader restructuring plan. Read more

April rent collection was more positive than expected. However, rent is due again. Increasing concerns for Landlords across the country Read more

Tech heavyweights (MicrosoftFacebook, & Tesla) reported earnings this week. How will Apple & Amazon fare today?

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Funding & Deal Highlights:
Cheetah Raises $36M Series B From Eclipse Ventures to Expand Grocery Delivery
Velo3D, a supplier of 3D printers to SpaceX, raises $28 million
enVerid Systems Secures $20M in Series B Funding
Topia Raises $15 Million in Series D Funding

Docupace Secures Growth Equity Investment from FTV Capital
o9 Solutions Announces Investment from KKR
Transtelco Acquires Innovative LATAM Carrier Neutrona Networks
Scopely acquires Scrabble Go studio PierPlay
Paige Raises Additional $5M to Double Down on AI-Based Cancer Therapies
Attentive Raises Another $40M for Mobile Messaging 
Duolingo’s Quiet $10M Raise

Startup Q2 funding trends so far
Funding flew into later-stage companies.  [Read More]
M&A deal trends: PE on the sideline
More horizontal deals, PEs sitting on the sideline. [Read More]
Thanks for reading. 
Be well and stay healthy!

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