Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans

In this week’s startups newsletter: Y Combinator president Sam Altman is stepping down, Marie Kondo is raising VC and Munchery has finally filed for bankruptcy.

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Fitbit is partnering with Adidas and Blue Apron for an activity rewards program

Fitness should be its own reward, but sometimes you need a little extra push. Fitbit today announced that it’s been testing a new Rewards program in beta, with plans to launch a premium paid version of the service at some point this year. The limited beta, which will close at the end of next month, […]

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Blue Apron hopes lower cost meal kits, now on Jet in NYC, will help save its business

Blue Apron is introducing a lower-cost version of its meal kits, initially only for Jet.com shoppers in the greater New York City metro area. The new kits, called “Knick Knacks,” still require refrigeration, but require customers to supply their own protein and produce to complete the meal. But by dropping the two most expensive ingredients […]

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Blue Apron is confident it will achieve profitability this quarter

Meal kit company Blue Apron expects to achieve profitability this quarter, the company said ahead of its Q4 2018 and fiscal year 2018 financial results. Blue Apron will release its earnings January 31, but said today that, “based on its current view of the business, Blue Apron plans to reaffirm confidence in achieving profitability” on […]

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Blue Apron lays off 4 percent of employees as it seeks profitability next year

Meal kit company Blue Apron announced small layoffs today as part of its Q3 2018 financial results. The layoffs, which affected four percent of Blue Apron’s workforce, are part of Blue Apron’s path to profitability. “We are taking decisive actions to prioritize our highest-impact opportunities and build a stronger, sustainable business,” Blue Apron CEO Brad […]

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Blue Apron gets a much-needed boost with Jet.com partnership

The enemy of my enemy is my friend. That explains a coming-together between two startups today after Jet.com announced it will give beleaguered Blue Apron a leg-up by introducing its meal kits for customers in New York. The deal will an initially rotating selection of four meal kits from Blue Apron made available as part of Jet’s […]

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Stylish lunchbox Prepd is back and it’s cheaper and more colorful

Remember Prepd? The “lunchbox you won’t be ashamed to carry” raised over $1 million on Kickstarter in 2016, and now it is returning with an iPhone 5c-esque sequel that is both cheaper and more colorful. Prepd, in case you missed it, isn’t some kind of IOT, smart, next-gen lunchbox. Rather, it’s an unashamedly premium take on the […]

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Business school grads and quants are winning the battle to create the next P&G

Micah Rosenbloom Contributor Micah Rosenbloom is a venture partner at Founder Collective. More posts by this contributor Startups need to respect the laws of retail physics Is VC The Right Money For Fintech? These days my Instagram feed feels more like QVC than a social network. And many of these companies are enjoying tremendous success […]

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Amazon opens its largest Amazon Go convenience store yet

Amazon is picking up the pace when it comes to unveiling its line of “stores of the future,” today opening its second cashier-less Amazon Go convenience store in the last week. More Amazon Go locations are expected to land in other cities soon, though the company has yet to confirm any plans.

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Kencko wants to help you eat more fruit and vegetables

People don’t eat enough fruit and vegetables today, that’s despite an embarrassment of options today that include fast grocery delivery and takeout services with a focus on health. A study from the U.S-based Center for Disease Control and Prevention (CDC) released last November found that just one in ten adults in America “meet the federal […]

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