Tech

When your startup’s core mission is turned upside down – TechCrunch


Welcome to Startup Weekly, a new human-first page of this week’s startup news and trends. To get this in your inbox, Sign up here.

Hello Jane, a digital health startup with access to abortion pills, makes sense. It’s a direct-to-consumer pharmacy that aims to accommodate consumers where they are, which is especially important as the pandemic’s extended stay continues.

Hey Jane’s core product has serious signs to address. Its main product, the abortion pill, is banned or restricted in some states. Add in the fact that Roe v. Wade will be turned upside down, and the future of the world could clash with the startup’s mission to expand into healthcare. Hey Jane pretty much emphasizes the potential – and promise – of startups getting rich from afar. But it also operates at the heart of an over-politicized problem.

Earlier this month, I wrote about how Digital health startups are preparing for a post-Roe world. Later, Hey Jane co-founder Kiki Freedman said that this change makes abortion care by mail “now possibly the most viable form of access for most of the country.” One barrier, she hopes, will be a lack of consumer education about medical abortions. The vast majority of abortions performed in the US are by medication, except she says a few are educated about the nuances of medical abortion. “It is imperative that we continue to educate people about this safe, effective and popular abortion option,” she wrote in a statement.

But now I want to track the reaction the next day. Next week, I plan to interview Freedman for the TechCrunch’s Equity podcast and ask her how to build a company whose mission can be irreversibly challenged by our government; we’ll talk about the origin story and how they plan to pivot in the future. I wanted her to tell me what the world is doing wrong about telemedicine’s ability to answer the biggest health questions right now and where startups can fit the solution. Future. Also, are they really raising a growth cycle? For the answer, make sure to follow the Equity episode wherever you get the podcast and, great, why not start now?

In the rest of this newsletter, we’ll talk about another round of startup layoffs, why your MVP isn’t an MVP, and a fintech bet it can make even a credit card Your domestic also craves some Netflix & Chill time. As always, you can support me by forwarding this newsletter to a friend or follow me on twitter or my blog.

More layoffs in the startup sector

Unfortunately where did the extra last week come from. Tech workers have had another rough week in terms of layoffs and hiring freezes, coming from startups like Section4, Latch and DataRobot. We have rounded several known workforce cuts in one post.

Here’s why it’s important: The impact has been felt across industries, from education to security, as well as stages from a post-Series A startup to a recent SPAC business. To me, that shows just how pervasive this pullback really is, no matter what stage your company may be in. It’s not just cash-rich tech unicorns that are cutting staff; Those are also early-stage startups.

Laptop engulfed in flames

Image credits: PM pictures (Opens in a new window) / Beautiful pictures

Your MVP is neither minimal, viable nor a product

I’ve been thinking about this title from Haje Jan Kamps for the past week because it challenges one of those preconceived notions of entrepreneurship that everyone else happily adopts without too much struggle. Aka, my sweet spot (and my weakness). In this article, Kamps explains why the MVP is “such a profoundly confused man” and what to focus on instead.

Here’s why it’s important: Kamps’ new framework, and a series of questions you should ask your first product, will make the complexities of MVP a little more accessible. And I’ll close with his kick:

“I have no suggestion of a better name for the MVP, just don’t fall into the trap of thinking of it as a product, viable or necessarily small, simple or easy. Some MVPs are very complex. However, the idea is to spend as few valuable resources as possible getting answers to your questions. “

Image of a large hand controlling a smaller puppet

One large hand controls a smaller figurine or puppet

Jay-Z’s Queen A

For the trading of the week that may have flown under your control, I choose Altro! Co-founded by Michael Broughton and Ayush Jain, this fintech startup believes that access to credit should be free – so they found an atypical way to help people build credit.

Here’s why it’s important: Altros, raised $18 million Series A this week, which helps people build credit through recurring payments like Netflix, Spotify, and Hulu digital subscriptions. It stands out because many banks targeting low-income, historically disenfranchised people want to disrupt credit scores entirely – while Altros wants to regulate access to a system has been set. I highly recommend you read it Mary Ann’s Story about her company’s roots, fundraising journey and focus – and sign up for her newsletter, Junction.

The keys on the dark patterned background

Image credits: beautiful pictures

In Week

Seen on TechCrunch

Seen on TechCrunch +

Until next time,

WOMEN





Source link

news7h

News7h: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button