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            Cargo, Uber’s exclusive in-car commerce provider, raised $22m to continue slinging candy, and car chargers.
           </td>
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                The Hustle
               </a>
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               Sponsored by
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            <h2 style="font-family: arial, sans-serif; font-size: 26px; font-weight: bold; line-height: 120%; margin-bottom: 16px; margin-top: 36px;">
             <strong>
              A gig
             </strong>
             <em>
              <strong>
               within
              </strong>
             </em>
             <strong>
              a gig: Cargo, an app that puts goodie boxes in Ubers, raises $22m
             </strong>
            </h2>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             In-car commerce startup Cargo has raised
             <a style="color: #ed4d1f; text-decoration: none;">
              $22.5m
             </a>
             in a series A round of funding.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             In other words, a budding new market has evolved out of the gig economy --
             <em>
              and it’s the very people employed by the gig economy.
             </em>
            </p>
            <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
             <strong>
              But first, Cargo...
             </strong>
            </h4>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             The 2-year-old New York company partners with brands across confectionary, electronics, cosmetics, and more to offer ride-hailing passengers access to goods -- like Clif Bars and Starburst and USB cables -- during transit.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Since gig-ception, Cargo has worked as an “unofficial supplier” to drivers within the ride-hailing industry, allowing passengers to purchase goodies using the standard mobile-payment services.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             But back in July, Cargo
             <a style="color: #ed4d1f; text-decoration: none;">
              partnered
             </a>
             with Uber to be the ride-hail giant’s exclusive global in-car commerce provider.
            </p>
            <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
             <strong>
              The gig-bang theory
             </strong>
            </h4>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             The world of the gig economy blew up seemingly overnight around 2009, but as the honeymoon phase has worn off, giants of the industry like Uber have faced endless
             <a style="color: #ed4d1f; text-decoration: none;">
              criticism
             </a>
             over the poor wages they pay their drivers after expenses -- largely because they pay sh*t.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Now, mini-startups are evolving out of its flagship entities.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Like Wrapify, a San Diego-based company that covers cars in advertising decals -- a service that reportedly allows drivers to make an extra
             <a style="color: #ed4d1f; text-decoration: none;">
              $300 to $400
             </a>
             a month on average, merely by driving.
            </p>
            <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
             <strong>
              And Cargo does the same
             </strong>
            </h4>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Cargo earns money through selling products, while drivers make a 25% commission on each sale, plus a $1 base for every passenger who orders from a Cargo box.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             The recent round of funding, which brings Cargo’s total funds raised to $29m, will reportedly be used to continue growing domestically and internationally.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             First launched in New York and Boston, the company has since expanded into several other cities and now claims
             <a style="color: #ed4d1f; text-decoration: none;">
              12k activated drivers
             </a>
             .
            </p>
           </td>
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            Gig-ception is here, people!
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            <h2 style="font-family: arial, sans-serif; font-size: 26px; font-weight: bold; line-height: 120%; margin-bottom: 16px; margin-top: 36px;">
             <strong>
              With 2 separate $400m investments yesterday, SoftBank goes hard on real estate
             </strong>
            </h2>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Yesterday, SoftBank’s $92B Vision Fund
             <a style="color: #ed4d1f; text-decoration: none;">
              led
             </a>
             2 separate $400m investments in home-flipping and property management startups.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             By literally
             <em>
              doubling
             </em>
             down on the real estate industry, the Japanese megafund has gotten real about the trendiest, and worst-named, sector in real estate: Proptech (AKA new, data-driven real estate tech companies).
            </p>
            <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
             <strong>
              So who were the lucky winners?
             </strong>
            </h4>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Opendoor, a $2B real estate startup whose door was already open wide thanks to a $325m funding round it raised just 3 months ago, pulled in another
             <a style="color: #ed4d1f; text-decoration: none;">
              $400m
             </a>
             from SoftBank to expand beyond its 19 existing markets.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Compass, a larger $4.4B platform that raised $450m less than 1 year ago at a $2.2B valuation (also SoftBank), pulled in
             <a style="color: #ed4d1f; text-decoration: none;">
              $400m
             </a>
             yesterday from SoftBank’s Vision Fund and the Qatar Investment Authority.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Both companies have grown rapidly by automating inefficient parts of the antiquated real estate brokerage process -- and SoftBank’s been watching.
            </p>
            <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
             <strong>
              Prop till you drop
             </strong>
            </h4>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Things are getting real (estate) at SoftBank: The Fund has dropped
             <a style="color: #ed4d1f; text-decoration: none;">
              $8B
             </a>
             into proptech companies since 2017. Since SoftBank refuses to invest less than
             <a style="color: #ed4d1f; text-decoration: none;">
              $100m
             </a>
             , the $228T global real estate industry is one of the few industries big enough for the world’s largest tech investor.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             More importantly, the market is fragmented: America’s largest real estate services company, Reology, has just 1% market share.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Dozens of other startups --
             <a style="color: #ed4d1f; text-decoration: none;">
              Zumper
             </a>
             ,
             <a style="color: #ed4d1f; text-decoration: none;">
              PeerStreet
             </a>
             ,
             <a style="color: #ed4d1f; text-decoration: none;">
              Buildium
             </a>
             ,
             <a style="color: #ed4d1f; text-decoration: none;">
              Redfin
             </a>
             -- have raised tens and hundreds of millions to build proptech platforms. If any make it big, SoftBank will be waiting with hundreds of millions of dollars.
            </p>
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                 »
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                 Mad props, SoftBank
                </a>
               </td>
              </tr>
             </tbody>
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            <h2 style="font-family: arial, sans-serif; font-size: 26px; font-weight: bold; line-height: 120%; margin-bottom: 16px; margin-top: 36px;">
             <strong>
              Paywalls aren’t funny: CollegeHumor is the latest company to try a subscription service
             </strong>
            </h2>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             CollegeHumor, a comedy website owned by holding group IAC, is
             <a style="color: #ed4d1f; text-decoration: none;">
              launching
             </a>
             DROPOUT, an ad-free subscription service.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             CollegeHumor joins the flood of media publishers that have looked to the latest trends to diversify their revenue streams, encouraged by
             <a style="color: #ed4d1f; text-decoration: none;">
              surveys
             </a>
             showing that most Americans are willing to pay for content to escape advertising.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             The service, still in beta testing, will cost $5.99 for month-to-month access, $4.99 for 6 months, and $3.99 for 12 months.
            </p>
            <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
             <strong>
              The heyday’s over
             </strong>
            </h4>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Internet comedy has fallen far -- and it’s
             <a style="color: #ed4d1f; text-decoration: none;">
              still plunging
             </a>
             . The early aughts birthed inter-comedy staples like the Lonely Island, and Will Ferrell
             <a style="color: #ed4d1f; text-decoration: none;">
              screaming
             </a>
             at a drunk baby.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             But a decade later -- through the rise of influencers, *cough* listicles, and Facebook’s
             <a style="color: #ed4d1f; text-decoration: none;">
              offer
             </a>
             that content companies (literally)
             <em>
              couldn’t refuse
             </em>
             -- the meteoric rise quickly turned to
             <em>
              Boogie Nights in the ’80s.
             </em>
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             CollegeHumor was there for all of it after launching in 1999 as a spoof and goof repository. Over the years, it paved the way for
             <em>
              Funny Or Die
             </em>
             ,
             <em>
              Jash
             </em>
             , and
             <a style="color: #ed4d1f; text-decoration: none;">
              <em>
               What The Funny?
              </em>
             </a>
             -- all of which have been
             <a style="color: #ed4d1f; text-decoration: none;">
              reduced
             </a>
             to a step above rubble.
            </p>
            <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
             <strong>
              But somehow, CollegeHumor has stuck around
             </strong>
            </h4>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             It’s limping like the rest of them, sure. But it accrued over 13m YouTube subscribers, produced TV darling
             <em>
              Adam Ruins Everything,
             </em>
             built a successful
             <a style="color: #ed4d1f; text-decoration: none;">
              branded unit
             </a>
             , and reportedly doubled revenue in the past 5 years, making it one of web comedy’s few legacy brands.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             And
             <a style="color: #ed4d1f; text-decoration: none;">
              60%
             </a>
             of its revenue comes from content-licensing versus 40% from advertising, so why not cut out ad-related restrictions amid the current
             <em>
              digital sector crunch
             </em>
             ?
            </p>
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                 »
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                 Games change, but players stay the same
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            <h2 style="font-family: arial, sans-serif; font-size: 26px; font-weight: bold; line-height: 120%; margin-bottom: 16px; margin-top: 36px;">
             <strong>
              Bed Bath &amp; Beyond Repair: Home supply chain’s shares fall 21% after missing goal
             </strong>
            </h2>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             After Bed Bath &amp; Beyond reported yesterday that its 2nd quarter estimates fell short of expectations, shares
             <a style="color: #ed4d1f; text-decoration: none;">
              plummeted
             </a>
             more than 21% -- the biggest drop in the company’s history.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             As the economy hums along, all signs
             <a style="color: #ed4d1f; text-decoration: none;">
              indicate
             </a>
             brick-and-mortar won’t go extinct as analysts feared -- it will simply evolve. But Bed Bath &amp; Beyond’s bumpy road proves adaptation is easier said than done.
            </p>
            <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
             <strong>
              It tried to coupon couponing on…
             </strong>
            </h4>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             But now it just can’t make enough money. The retro retailer can only compete with the prices offered by e-commerce competitors like Amazon when it offers
             <a style="color: #ed4d1f; text-decoration: none;">
              20%+
             </a>
             discount coupons.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             But these steep discounts reduce profitability: The company’s margins have now decreased for 26 consecutive quarters, and there is no hope at the end of this shopping aisle
            </p>
            <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
             <strong>
              ‘We’re gonna need a cleanup in the Beyond department’
             </strong>
            </h4>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             After the company’s stock fell 50% in 2017, analysts
             <a style="color: #ed4d1f; text-decoration: none;">
              thought
             </a>
             the closure of Toys ‘R’ Us might help the struggling home goods chain (which competed with Toys ‘R’ Us in the baby aisle).
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             But the toy-maker’s bankruptcy may have simply foreshadowed Bed Bath &amp; Beyond’s own journey to the great beyond.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Yesterday, after the company’s worst day in 18 years, Bed Bath &amp; Beyond
             <a style="color: #ed4d1f; text-decoration: none;">
              announced
             </a>
             that it had hired 2 management consulting firms to help keep the corporation off the clearance rack.
            </p>
           </td>
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          <!-- START LINK -->
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                 »
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                 Bed Bath &amp; Be Afraid
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               SPONSORED
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             <strong>
              The (real) voice of Siri gets a few things off her chest
             </strong>
            </h2>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             You might not know the name Susan Bennett, but you know her voice -- it’s answered over a billion questions a week.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Susan is the original voice of Siri, Apple’s beloved intelligent voice assistant, as well as McDonald’s, Delta, Coca-Cola, and a 100 or so others.
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             So, how’d she do it? In one of their interactive articles,
             <a style="color: #ed4d1f; text-decoration: none;">
              Typeform
             </a>
             persuaded her to sit down and dish.
            </p>
            <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
             <strong>
              Discover the story behind the world’s most popular assistant
             </strong>
            </h4>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Fun Fact: Apple didn’t even create Siri -- 3 Norwegian engineers did. And “Siri” is actually Norwegian for “beautiful woman who guides you to victory.” Or in this case, to the nearest laundromat.
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            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Learn about Susan’s journey, from Siri’s
             <a style="color: #ed4d1f; text-decoration: none;">
              origin story
             </a>
             to the fateful day in 2005 when Susan agreed to a voiceover contract with ScanSoft -- two years before Apple would purchase it for their mysterious assistant
             <em>
              Siri
             </em>
             .
            </p>
            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
             Read (and listen) to the interactive article,
             <a style="color: #ed4d1f; text-decoration: none;">
              <em>
               Siri is dying. Long live Susan Bennett
              </em>
             </a>
             below.
            </p>
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            <a style="background: #ffffff; border: 2px solid #000000; border-radius: 3px; color: #000000; font-family: 'Courier New',courier,monospace; font-weight: bold; letter-spacing: -0.5px; padding: 10px 15px; text-decoration: none;">
             “Hey Siri, who created you?” →
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            shower thoughts
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              Confusing Link and Zelda is the modern version of confusing Frankenstein and Frankenstein’s monster.
             </li>
             <li style="line-height: 120%; padding: 4px 0;">
              Coral is either the stupidest animal or the smartest rock.
             </li>
             <li style="line-height: 120%; padding: 4px 0;">
              Churches are just book clubs that never switch books.
             </li>
             <li style="line-height: 120%; padding: 4px 0;">
              A bed is basically a wireless charger for humans.
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              Eraser companies make money off of failure.
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             <li style="font-style: italic; line-height: 120%; list-style: none; padding: 4px 0;">
              via
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               Reddit
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             </li>
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