We try apples new headphones, Spotify resets passwords and Airbnb goes public. This is your daily crisis for December 10, 2020.
The big story: First impressions of the AirPods Max
Our fearless leader Matthew Panzarino wrote that he is "no review" of the AirPods Max (not a full review as he has had them for less than 24 hours).
Even so, Matthew seems impressed with the quality of the build – which you would certainly hope since the AirPods Max are $ 550, but he says, “Judging from the material finish alone, the AirPod Max thinks it's more expensive should be if something. "
And yes, the sound quality is also solid.
The technology giants
Spotify resets passwords after a security bug reveals users' private account information. The company blamed a software vulnerability in its systems for disclosing personal account information to its business partners.
Google Adds COVID-19 Vaccine Information Fields to Search – The new feature displays a list of approved vaccines at users' locations, as well as information fields about each individual vaccine.
Pinterest adds favorites, notes, and a new toolbar after boards became more popular during the pandemic. According to Pinterest, the number of monthly boards created has increased by 35% in the past six months.
Startups, Financing and Venture Capital
LeafLink raises $ 40 million from the Founders Fund, others to cultivate its wholesale cannabis market. This is the Founder's Fund's largest cannabis technology investment.
Customer Support Startup Gorgias Raises $ 25M – This brings the startup's pre-money valuation to $ 300M.
$ 1 Billion Cityblock Health – Cityblock works with community caregivers to provide basic, behavioral, and other services to low-income residents.
Advice and analysis of extra crunch
Airbnb's Pop on Day One ends a stellar week for tech IPOs – Airbnb opened this morning at $ 146 per share, up around 115% to begin its public company life.
Despite limitations, 3D and AR are creating new realities in retail – startups developing digital products and designing interactive experiences are thriving.
Insurtech looks full of energy on its first acquisition of Next Insurance – a snapshot of recent activity in a busy startup category.
(Extra Crunch is our membership program designed to democratize information about startups. You can sign up here.)
TC Sessions Final Agenda Announced: Space 2020 – This is a live, two-day virtual conference that will bring together key figures in the space industry from the public, private and defense sectors.
Gift Guide: 8 DIY and Craft Gifts to Help Your Friends Make More Things and Learn New Skills – We've rounded up a variety of gifts to be fun for the makers in your life.
Are the celebrities helping the startups or are the startups helping the celebrities? – In-depth questions about the Equity podcast.
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