Music services company Kobalt is raising a big round that could exceed $100 million – TechCrunch

Kobalt, a 19-year-old, London-based music services company that operates as both a music publisher and a service-based music company — among other things, it helps artists collect the royalties owed them — is reportedly raising a new round of funding that could surpass $100 million. Music Business Worldwide (MBW) reported on the round yesterday, with…

FDA Commissioner Scott Gottlieb abruptly resigns from his post – TechCrunch

That was unexpected, including by the FDA, apparently. FDA Commissioner Scott Gottlieb resigned today, an administration official tells The Washington Post, adding that Gottlieb will relinquish the office in one month. Unlike many people who leave the Trump administration, the resignation wasn’t sought or expected, reports the Post, which notes Gottlieb has recently hired senior…

Elon Musk wasn’t wrong about automating the Model 3 assembly line — he was just ahead of his time – TechCrunch

In 2017, when Tesla announced incredibly ambitious Model 3 production targets of 5,000 Model 3s per week and the beginning of “production hell,” analysts were wary. But Elon Musk insisted he could pull it off, citing hyper-automation — a robotic assembly line — as his secret weapon to increase manufacturing speed and drive down costs.…

Startup Law A to Z: Customer Contracts – TechCrunch

Your startup needs customers to survive. If and when you make sales or generate installs, you are wading into the fast moving stream of commerce and exposing yourself to risk. Well-drafted customer contracts limit your liability and create legally enforceable rights to get paid for your work. In fact, contracts are actually dispute prevention mechanisms,…

Minnie Ingersoll, co-founder of the fast-growing car marketplace Shift, just became a VC in LA – TechCrunch

Minnie Ingersoll has already had an enviable career. After 12 years at Google, working as product manager and later principal with Google.org, she co-founded the venture-backed online car marketplace Shift in 2013, then she left to join the nonprofit Code for America, where she learned entirely new skills, including managing finance and marketing and recruiting.…