Boats and Roads, Purry Tech, Coin Leader 🚤

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Purring For Tech And Treadmills?

Calling all pet enthusiasts! According to The Wall Street Journal, pets are itching for a piece of the digital pie, and their devoted owners are more than willing to invest generously in them. In fact, a study from 2022 revealed that a staggering 83% of North American and European pet owners have already jumped on the pet-tech bandwagon.

With this, startups are coming up with dazzling innovations in pet-tech, making it a huge potential market. 

  • Feline aficionados are purring over the automatic litter boxes to keep things tidy. 
  • For those with playful pups, robots are turning playtime into an automated adventure.
  • Then there are smart collars that not only track your pets via GPS but also keep tabs on their health and habits. 
  • Doggy treadmills are a real thing now, geared towards getting your pup in shape for beach season.

Now, we know what you're thinking: how much do these wondrous pet-tech cost? Just like our own gadgets, they don't come cheap. The canine treadmill, for example, starts at an impressive ~$800. And the smart litter box will set you at least $500-$700 behind. But these jaw-dropping prices haven't deterred pet owners one bit.



Popularity Contest: Meta vs. AI

The world's biggest social network, Meta, has hit a whopping 3 billion monthly active users! That's like more than a third of the world's entire population logging in every single month. Incredible, right?

But Meta's grand vision and craze for the metaverse seems to have fizzled out. The company is now diving into the AI race with the creation of LLaMA 2. The mention of "AI" in their conference calls has skyrocketed by 4 times since 2021, while talk about the metaverse has taken a bit of a backseat since their initial announcement (graph below by Chartr). 

Meanwhile, workers in all industries have started warming up to the idea of AI becoming a part of their lives. A new study shows that the more exposed an industry is to AI, the lower the percentage of workers who think the technology will hurt their jobs.



Boats, Roads, And Garages

Surely you’ve heard of Turo — the “Airbnb for cars.” The platform’s got a unique bunch of hosts, mostly entrepreneurs, flaunting three or more vehicles for rent. And it’s not alone in this. 

It is, in fact, a part of a growing list of companies trying to spread the magic of Airbnb far beyond cozy homestays and transform the way we hit the road, jump into pools, and set sail into the sunset. 

Uber and Lyft have been selling their door and roof space for advertisements for a while now. Even Cargo that started off as the "snack boxes for Uber passengers" biz, reportedly shifted gears to focus on car-top ads in 2020.

But now it’s time to rent parking spots as well. SpotHero has raked in over a billion dollars in parking reservations, while AirGarage is making waves with its full-service parking management platform.

But hey, it's not just about cars! 

The Airbnb-inspired craze has infiltrated other realms too. Boatsetter has a garrison of 50,000 boats for people to rent or share, helping over half a million first-time boaters set sail since 2012. 



The Leader of Coins

Compared to the wild crypto frenzy in 2021, the past 12 months have been pretty calm. Those NFTs that were all the rage have mostly faded away, and some big exchanges like FTX have faced tough times, slowing down the once super-fast industry.

But don't forget, there are now more than 22,000 cryptocurrencies out there, with a total value of about $1.1 trillion! Yet, among this massive crowd, good old Bitcoin still stands tall. Its market value is way higher than the combined value of the next 99 largest cryptocurrencies. Bitcoin's still got the crown!

Graphics: Chartr

Shorts ⏳

👭 Bumble For Friends - That's Bumble's new stand-alone platform to make platonic friends (not to be confused with the 'friendship' mode on OG Bumble).

🥩 Meat Allergy - Hundred of thousands of Americans are now allergic to red meat because of tick bites, according to the CDC.

🫚 AI in Food Too - 25% of food retailers and over 1/3rd of suppliers are now using AI to track and predict consumer spending.

Cap Tables: A Guide For Founders & Hustlers
Cap tables are crucial. They tell you who owns what percentage of the company, and how much have you invested in your projects.
 

Stash Recommends: Tools to Explore
🏷️ Allego: This all-in-one rep-centric platform equips salespeople with the tools, data, and support they need to perform at their best in a digital setting.

🪙 AmaliaA sales commission tool to consolidate all your data and use it to make sales-enhancing decisions in the moment.

☁️ Joyent: Open source and hybrid Cloud Infrastructure as a Service tool for running Containers, Serverless Docker and VMs securely.
 
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