The Crescent Newsletter #19
*ICYMI, here's last week’s issue.
With summer approaching right around the corner, we’re excited to see what’s in store as our Crescent partners wrap up the semester.
Here’s what we have in store for this week’s edition of The Crescent Newlestter.
Partner Highlight by Amy Tam
External news
Cool job listings
Sincerely,
The Crescent Team
*If you’re a student building something cool, want to join Crescent, or just want to chat, reach out to us at ops@crescentfund.vc.
Crescent Partner Highlights
On unprofitable companies
This week, partner Amy Tam discusses how billion dollar companies like Snapchat and Uber are actually unprofitable, racking up negative net incomes at the end of 2021. Read more to learn about how companies can best balance prioritizing growth and profitability through unit economics and valuation methods.
The Southern Californian Tech Landscape
Shira Yevin, CEO of LA-based music start-up Gritty in Pink, wants to address the gender disparity in the music industry by providing a networking platform for female musicians, producers, music engineers, and songwriters to connect with industry professionals. Gritty in Pink is still in its early stages of funding and hopes to raise $1 million in its upcoming pre-seed round.
Former TikTok executive Alex Hoffman has just soft-launched the newest dating app, Spark. Spark is one of 9count’s newest social platforms, bringing users a safe way to meet new people with the use of Hive, an AI moderation tool that ensures users are unable to upload harmful and inappropriate content onto the app.
The West Hollywood-based startup Copper aims to help authors break into the creator economy by letting them host online events like book readings or live-time chatting with fans. The startup raised $2.5 million last year in a pre-seed round.
Startup Career Opportunities
Software Dev + Engineering:
Dataiku (Full-time)
PeerStreet (Full-time)
Laserfiche (Internship)
Marketing + Content:
Optimism (Full-time)
BlackLine (Full-time)
TigerConnect (Internship)
Product:
SameSky Health (Full-time)
Italic (Full-time)
The Trade Desk (Internship)
VC:
Wavemaker Labs (Full-time)
Untapped Ventures (Internship)
M13 (Internship)
*If you’re interested in helping out Southern California student founders through advising or becoming an LP feel free to reach out to ops@crescentfund.vc.
Thanks for tuning in to this week’s issue.
Signing off,
Crescent Fund