Turo partners with Uber, AirTrunk's $23B sale & agtech spotlight
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Summary In this week's episode of The Startup Retro, host Will Richards and guest Cheryl Mack dive into Uber's new partnership with Turo after shutting down its Car Next Door acquisition. They also discuss Premier Capital Partners' new fund, AirTrunk’s $23 billion sale, and Cheryl’s experience at the Startup Daily Awards. The episode features a deep dive into Safe Ag Systems, an agtech safety platform. Plus, catch the latest startup raises and Will’s pick for Knowledge as a Service (KaaS). Time Stamps 00:00 Introduction and Welcome 00:28 Uber pivots to Turo partnership 05:15 Premier Capital Partners new fund 10:22 AirTrunk’s $23 billion sale 13:45 Startup Daily Awards highlights 20:15 Startup Raises: Safe Ag Systems 28:10 KaaS Recommendations Links To access the links to the stories mentioned in this episode, check out this week’s Overnight Success newsletter. https://newsletter.overnightsuccess.vc/p/7th-september-2024 Headlines Australian Startup Financial Confidence Report 2024 https://www.airwallex.com/au/startup-financial-confidence-report-thank-you Uber’s Turo Partnership Uber has partnered with Turo to let users rent peer-to-peer vehicles through the Uber app starting in 2025. Premier Capital Partners Fund Premier Capital Partners is launching a fund targeting mid-market tech companies with a size of $30-$50 million and a hard cap of $75 million. The fund will write cheques between $5-$20 million. AirTrunk Sale AirTrunk was sold to Blackstone and the Canada Pension Plan Investment Board for $23 billion, marking one of Australia’s largest acquisitions. https://www.afr.com/technology/airtrunk-s-23-5b-ai-pay-day-20240902-p5k72i Startup Raises Safe Ag Systems Founders: Katy Landt and Caroline Graham Safe Ag Systems, an agtech safety platform, raised $2.5 million to expand its reach to 10% of farm workers. KaaS - Knowledge as a Service Will’s Pick How to Do Great Work by Paul Graham https://paulgraham.com/greatwork.html Send Feedback to the Hosts Cheryl on LinkedIn: https://www.linkedin.com/in/cherylmack Will on LinkedIn: https://www.linkedin.com/in/williamrichards/ Sponsors Thanks to our sponsors for helping to make this episode of The Startup Retro possible. Rippling Are you a founder overwhelmed by HR, payroll, onboarding, and IT tasks? Simplify with Rippling: an all-in-one platform for your global workforce. Get 3 Months Free - https://dayone.fm/rippling Teamified Build a top-notch team fast with Teamified. Teamified offers fractional CTOs, contractors, and remote team members from the Philippines, India, or Sri Lanka. Cut hiring times by 50%. Get started - https://dayone.fm/teamified The DayOne Network The Startup Retro is part of DayOne, the podcast network dedicated to founders, operators & investors. For broader updates on the Day One network, including news about other shows and network-wide updates, sign up for the Day One Newsletter. https://dayone.fm/newsletter Sponsor the show Want to become a sponsor? Send us an email. https://dayone.fm/sponsors Follow DayOne on the socials Twitter: https://dayone.fm/twitter LinkedIn: https://www.linkedin.com/showcase/dayonefm
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