instant Promote ads for Stories – TechCrunch

Instagram hopes dollars from the long-tail of small businesses and social media stars can help it pull its weight in the Facebook family. A new ad type called “Promote” for Stories allows Instagram business pages to show their ephemeral slideshows to more users without doing much work. Admins can choose to auto-target users similar to…

Agrifood — the $8 trillion industry that’s worth your salt – TechCrunch

Esther Delignat-Lavaud Rodriguez Contributor Cannabis-infused drinks. Burgers grown in laboratories. Entire meals in bottles. Consumers, retailers and farmers alike are hungry for the next generation of food, and investors are beginning to acquire the taste, too. Early-stage investment in agrifood tech startups reached $10.1 billion in 2017, a 29 percent increase on the previous year. Agrifood can be split into two…

Social Capital’s Chamath Palihapitiya says ‘we need to return to the roots of venture investing’ – TechCrunch

In the first of many annual letters Chamath Palihapitiya will be penning as part of his firm’s new era as a technology holding company, the founder of Social Capital criticized the venture capital industry. After highlighting the latest trends within VC — i.e. SoftBank’s Vision Fund, private equity activity in VC deals and inflated valuations — Palihapitiya divulged…