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Mobile News - Week of October 26, 2020

Issue #114 — View online — Suggest a link
The latest news and information about startups and innovations from the mobile world.
This week, all the big tech earnings reports showed one thing pretty clearly - COVID-19 is accelerating the growth the largest tech companies.
  • Apple - $64.7 billion. The company reported its best September quarter ever!
  • Google - $46.2 billion
  • Amazon - $96.1 billion!
  • Facebook - $21.47 billion
Amazon is clearly the biggest winner of this pandemic. On a separate note, my partners at Race Capital and I had a great discussion this past week on the topic of startup advisory shares.
If you are about to bring on your first advisor for your company, how much equity should you give? Whenever you are trading equity for anything, you should always think about giving up X% equity, and would this person bring (100 - X)% outcome for the company?
Carta did an interesting study on companies that have raised under $2 million in 2019. The most common arrangements are:
- Advisor Restricted stock agreements (RSAs): From 0.2% to 1% of a company.
- Advisor non-qualified stock options (NSOs): From 0.1% to 0.5% of a company
Read more >
Here are the top mobile news this week >
  • Trends - Pandemic App Ecosystem
  • Apple - Eroding Partnership With Foxconn
  • Apple - Search rivals Google?
  • Microsoft - Teams rivals Zoom and Google Meet
  • Airbnb - Behind
  • Google - Android VPN launch

The Pandemic App Ecosystem: Investigating 493 Covid-Related iOS Apps across 98 Countries
Inside Apple’s Eroding Partnership With Foxconn
Apple ramps up efforts to build its own search engine to rival Google
Microsoft Teams passes 115 million daily active users
Comparing Airbnb to Hotels Is a Mistake
Google One is adding Android VPN
Techstars Startup Digest Mobile is curated by:
Edith Yeung Edith Yeung - General Partner at Race Capital
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