Category: Tinder

Internet Waypoints


This post is by Om Malik from On my Om


It has been a few years since I was able to attend the Founder Camp, an annual celebration and gathering of founders backed by True Ventures. The global pandemic and travel restrictions made it impossible for us to host the event, but we found a way to gather outdoors and enjoy each other this year. While we call all work from remote corners of the world, there is no joy more than being in each other’s presence. IRL, rocks! 

I didn’t do any work yesterday other than attending various conversations. The energy from the event kept me up late, and I spent a lot of time on my iPad, reading and catching up on my massive “read it later” list. In doing so, I found some interesting nuggets that caught my eye. 

  • Spotify launched the Car Thing. It likely will try and hasten what insiders already know: radio listening is going down in the cars. New technologies, bigger screens, and transition to EVs mean that the “radio” won’t be at the center of the entertainment experience — our phones are. 
  • Remember streaming was supposed to kill the music business? Quite the opposite is true, actually. In 2021, the global revenues were $25.9 billion, up by $4 billion over 2020, according to IFPI’s Global Music Report. Streaming accounted for 65.0% of recorded music revenues, up from a 61.9% share in 2020. Revenues from ad-funded streaming services (including video services) matched physical sales in 2021. There are 523 million paid (Read more...)

StudySmarter books $15M for a global ‘personalized learning’ push



More money for the edtech boom: Munich-based StudySmarter, which makes digital tools to help learners of all ages swat up — styling itself as a ‘lifelong learning platform’ — has closed a $15 million Series A.

The round is led by sector-focused VC fund, Owl Ventures. New York-based Left Lane Capital is co-investing, along with Lars Fjeldsoe-Nielsen (ex WhatsApp, Uber and Dropbox; now GP at Balderton Capital), and existing early stage investor Dieter von Holtzbrinck Ventures (aka DvH Ventures).

The platform, which launched back in 2018 and has amassed a user-base of 1.5M+ learners — with a 50/50 split between higher education students and K12 learners, and with main markets so far in German speaking DACH countries in Europe — uses AI technologies like natural language processing (NLP) to automate the creation of text-based interactive custom courses and track learners’ progress (including by creating a personalized study plan that adjusts as they go along).

StudySmarter claims its data shows that 94% of learners achieve better grades as a result of using its platform.

While NLP is generally most advanced for the English language, the startup says it’s confident its NLP models can be transferred to new languages without requiring new training data — claiming its tech is “scalable in any language”. (Although it concedes its algorithms increase in accuracy for a given language as users upload more content so the software itself is undertaking a learning journey and will necessarily be at a different point on the learning curve (Read more...)