Lyft’s IPO is hot, YC demo day, two new unicorns, and what’s Boy Brow?

This week on Equity: Glossier and Rent The Runway enter the unicorn club and YC debuts 200 startups.

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Paris to tax scooter and bike services

According to the City of Paris, there are 15,000 free-floating vehicles of all forms and shapes in the city, from electric scooters to fluorescent bikes and motorcycle-like scooters. And the City of Paris announced today that companies that operate free-floating services will have to pay a tax depending on the size of their fleet. If […]

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Launching from YC, Eclipse Foods casts a long shadow over the $336 billion dairy industry

Eclipse Foods may be the company that finally takes milk out of the dairy business. Ever since the acquisition of WhiteWave Foods by the French dairy giant Danone for over $10 billion investors have been thirsting for a technology that would give consumers a better tasting, more milky (for lack of a better word), milk […]

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The responsibility for a sustainable digital future

Mounir Mahjoubi Contributor Share on Twitter Mounir Mahjoubi is the French Secretary of State for Digital Affairs. On March 12, 2019, we celebrate the 30th anniversary of the “World Wide Web”, Tim Berners-Lee’s ground-breaking invention. In just thirty years, this flagship application of the Internet has forever changed our lives, our habits, our way of […]

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Tech investors see bugs as a big business as Ÿnsect raises $125 million

A company using advanced technologies to grow and harvest mealworms (larval beetles) at scale is on track to become one of the venture capital industry’s oddest billion dollar investments. Ÿnsect, (pronounced ‘insect”) is a Paris-based producer of insect protein that has just closed on $125 million as the company looks to expand into North America […]

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SeaBubbles shows off its ‘flying’ all-electric boat in Miami

We were promised flying cars but, as it turns out, flying boats were easier to build. SeaBubbles, a “flying” boat startup that uses electric power instead of gas, hit Miami this weekend to show off one of its five prototype boats — or six, if you count an early, windowless white boat they’ve lovingly dubbed […]

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Paris sues Airbnb for illegal listings and seeks $14.2 million

The City of Paris first warned Airbnb and it is now taking action. Mayor of Paris Anne Hidalgo told the JDD that the city is suing the company for 1,010 illegal listings. The fine could be worth as much as $14.2 million (€12.625 million). Based on current legislation, you can’t rent an apartment more than […]

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Paris is suing Airbnb for illegal listings

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Paris is one of the most popular destinations for Airbnb, but the city’s authorities are at odds with the company.

The mayor of Paris, Anne Hidalgo, announced on Sunday the city would be suing Airbnb to the tune of $14 million, due to the alleged listing of 1,000 illegal rentals.

Hidalgo made the announcement in French newspaper Le Journal du Dimanche, and said she didn’t take issue with Parisians who rent their home “a few days a year,” but those who treat it like a business.

“The problem is the multi-owners who rent all year round apartments to tourists without declaring them, and the platforms, accomplices, who welcome them,” she said. Read more…

More about Paris, Airbnb, Housing, Big Tech Companies, and Tech

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Partech is doubling the size of its African venture fund to $143 million

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Zimbabwe’s government faces off against its tech community over internet restrictions Flutterwave and Visa launch African consumer payment service GetBarter Partech has doubled its Africa VC fund to $143 million […]

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Waze expands its Bluetooth beacons to New York City to end GPS signal blackouts

Drivers in New York City will soon be able to use Waze — and other navigation apps — in places like tunnels or bridges where it’s common to lose a GPS signal. The new capability is courtesy of small open source puck-like devices called Waze Beacons that were invented in-house by Gil Disatnik, an engineer […]

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Entrepreneur First eyes further Asia growth to build its global network of founders

British startup venture builder Entrepreneur First is eying additional expansion in Asia, where its operation is now as large as it is in Europe, as it expands its reach in 2019. But, despite serving a varied mixture of markets, the company said its founders are a fairly unified breed. The Entrepreneur First program is billed […]

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Badi gets $30M for AI-aided room rentals

Should you let AI help you pick your roommates? Barcelona-based urban room rental startup Badi thinks so, and it’s just closed a $30M Series B funding round less than a year after a $10M Series A — suggesting algorithm-aided matchmaking is resonating with its target Millennial(ish) ‘Generation Rent’ demographic, as they hunt for their next flatmate. […]

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