Big ol’ exits. Edge computing explained. Are you a time ninja?
Catch me outside
Hi there,
Yup — the infantilization of grownups continues as “adult recess” is having a moment.
Cities around the country — including Greensboro, Akron, and Seattle — are hosting events where grownups can relive their childhood with kickball, tetherball, hula hoops, Twister, and more.
If recess isn’t an option where you live, check out our Wellness Trends Report for ways to alleviate the stress of being an adult.
Source: Giphy
AND NOW, THE RESEARCH
*Dramatic exit*
AI startups saw record quarterly funding in Q2’19 with $7.4B. This included several $100M+ mega-rounds.
The space has also seen some very valuable exits. Seven AI cos have exited at $1B+ since 2013. We map them all out here.
Chicken soup for the unemployed soul
What would be on your Looming Job Cuts reading list?
On edge
The average person is projected to generate 1.5 GB of data per day by next year. Cloud computing might not be able to keep up.
That’s where edge computing comes in. We break down how the technology works and how it’s being used across multiple industries. Check it out here.
IN OTHER NEWS
Flower power
We’re excited to announce that Jim McCann, the founder and executive chairman of 1-800-Flowers, will be joining us at The Collective (Dec. 10-11, NYC).
A slew of VC-backed startups have tried to take a swing at the company over time, and none have won. We’ll be talking to Jim about how the company has stayed a step ahead for so long.
Apple’s new credit card, Apple Card, is now available in the US. We take a look at Apple’s key financial products and what the card says about its shifting strategy.
Return to the earth. With limited space for burial and a massive carbon footprint from cremation, people are looking for more eco-friendly ways to handle bodies after death.
All the data in this newsletter comes from CB Insights.
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