Look at your startup’s CAC to decide if you should launch another productUntil recently, it was widely accepted that startups, constrained by limited resources, should primarily concentrate on a single product.
Investing in customer acquisition is justified when the net present value of the profits from the acquisition exceeds the customer’s customer acquisition cost (CAC).
Customer acquisition and product development stand out as a startup’s most important investments.
Customer acquisition and product development stand out as a startup’s most important investments.
With the rise in CAC, the relative value of customer acquisition remains the same compared to new product development.
Astrobotic’s Peregrine lunar lander is still operating on orbit, with the company saying there is “growing optimism” that the spacecraft could survive in space longer than the current estimate.
The Pittsburgh-based startup has been releasing a series of updates to social media platform X since the spacecraft’s launch in the early hours of Monday morning.
Shortly after separating from the launch vehicle, United Launch Alliance’s Vulcan Centaur, engineers immediately started encountering issues.
But despite all odds, Peregrine has been operational in space for more than four days, and the estimated operational time remaining continues to extend.
The remaining 10 payloads on board are passive, and do not require power or communications from the spacecraft.
CES has increasingly become defined by what automakers and other mobility-focused companies bring to Las Vegas, and CES 2024 has been no exception.
Hydrogen’s making a big comebackThe underlying technology for hydrogen-powered vehicles has been around for a while, though it’s been eclipsed by battery-powered electric vehicles.
But at CES 2024, a number of companies from Nikola to Hyundai and Bosch were touting its benefits.
We explore why this is the year several companies are highlighting hydrogen, with an additional deep dive into Hyundai’s plans.
Kia’s modular EV lineup is revealedModular phones may have come and gone, but Kia hopes modular vehicles will have a bit more success.
“Pier is building ‘Stripe for credit,’ which is a way for companies to automate their own credit products.”Here’s how it works: Developers add Pier’s APIs with a few lines of codes, saving months of labor and millions of dollars, Zhang said.
Pier’s technology then manages the credit lifecycle from end-to-end, including origination, underwriting, compliance and servicing.
Other companies have also claimed to be “Stripe for credit,” for example, Setpoint, a startup that developed software for faster loan transactions.
Even Stripe itself created new credit products for businesses about six months ago.
Other solutions out there address specific components of the lifecycle, like underwriting or Know Your Customer, while Pier provides a more comprehensive offering.
CES has increasingly become defined by what automakers and other mobility-focused companies bring to Las Vegas, and CES 2024 has been no exception.
Honda’s 0 series EVs, Saloon and Space-Hub concepts debutIf you’re tired of “thick, heavy” EVs, Honda has an alternative vision for you.
The carmaker showcased a more sleek design for its Saloon concept, while the Space-Hub takes a more family-friendly van approach.
Though like its standard form factor, the voice-powered ChatGPT could still be tricked, as we learned in a hands-on demo.
Kia’s modular EV lineup is revealedModular phones may have come and gone, but Kia hopes modular vehicles will have a bit more success.
NASA is pushing back the next two Artemis missions to the moon — including the first crewed lunar mission in over fifty years — by around twelve months in order to give commercial partners more time to develop their technology.
The date of the fourth Artemis mission remains unchanged on September 2028.
That’s because SpaceX must also develop in-orbit refueling capabilities, as the architecture involves Starship refueling in space before picking up the astronauts.
After delivering astronauts to the moon, the Starship HLS must then launch from the surface before docking with Orion.
NASA officials also outlined a handful of issues they discovered after the demonstration launch of SLS in late 2022.
Apple Music Classical to launch in China, Japan, Taiwan and more on Jan 24Starting on January 24, Apple Music Classical will be available in China, Japan, South Korea, Hong Kong, Taiwan and Macau.
Apple’s classical music app launched in most countries in March 2023, except for select markets like the above six countries.
Additionally, Apple Music Classical was originally only an iOS-only app but arrived on Android devices this past summer.
Apple Music Classical gives Apple Music subscribers free access to over five million tracks, more than 700 curated playlists, exclusive albums, high-quality audio and more.
A standard Apple Music subscription costs $10.99 per month in the U.S., whereas a student plan costs $5.99 per month, and the Family tier is priced at $16.99 per month.
Honda is dunking on the ‘thick, heavy’ electric vehicle trend in an attempt to build buzz around its upcoming 0 series EVs.
Honda also didn’t say specify if it plans to use such materials when it commercially launches its first 0 series electric vehicles.
Honda has lagged in the switch to electrics, and it recently called it quits on a plan to co-develop “affordable” electric vehicles with GM.
Though Honda plans to launch an electric Prologue this year, the automaker intends to launch 30 EVs by 2030.
That’s why the 0 series launch will be a big moment for Honda.
In an announcement today, X shared its roadmap for the year ahead, which will include AI-powered experiences and the launch of peer-to-peer payments, among other initiatives.
In Musk’s vision, X users will be able to send money to others on the platform and extract those funds to authenticated bank accounts.
In the X blog post published today, the company claims it will launch peer-to-peer payments this year, to unlock “more user utility and new opportunities for commerce,” suggesting a tie-in with other X products, like creator revenue sharing and online shopping.
The latter has been a particular source of concern for X advertisers, who have found that despite X’s measures, their ads were placed next to toxic content or hate speech, leading many to withdraw.
80,000+ creators have also received payouts via X’s revenue-sharing program in under a year’s time, but X did not provide a figure.
ABL Space Systems is looking to raise up to $100 million in new funding, and has just closed over $40 million, according to a new filing with the U.S. Securities and Exchange Commission.
It’s the first indication that ABL has raised venture funding since October 2021, when the launch company closed $200 million at a $2.4 billion valuation.
Together, they’re meant to provide a mobile, all-in-one launch system.
However, the overall launch site layer represents a weak link.”Unsurprisingly, they argue that GS0 is the solution to this vulnerability, offering both a launch mount and a site system in a “proliferated” architecture.
“It was not in our plans to have RS1 grounded for most of 2023,” O’Hanley wrote after the launch.
