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Slack adds AI-fueled search and summarization, DuckDuckGo adds cross-device password and bookmark syncing

Slack adds AI-fueled search and summarization, DuckDuckGo adds cross-device password and bookmark syncing

Top News

Slack rolls out AI features to summarize threads, offer channel recaps, let users ask questions, and more to Enterprise users, after testing Slack AI in 2023. - Link

DuckDuckGo’s privacy-focused browser introduces a new “Sync & Backup” feature, letting users privately sync and access bookmarks, favorites, and passwords across multiple devices. - Link

iOS design startup Play allows developers to share a part of their app with users, letting them experience its functionality without installing a full version. - Link

HopSkipDrive beat two California emissions standards in 2023; EVs drove 8% of all miles on the platform, 400% more than the 2% target set by California’s Air Resources Board (CARB). - Link

Uber plans to buy back $7B in shares, a first for the company, after achieving operating profit and consistent positive free cash flow in 2023; UBER rises 4%+. - Link

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Advice of the Day

Pricing Your Product

Kristen Berman, behavioral scientist and founder of Irrational Labs, has extensive experience using behavioral science to improve product pricing, engagement, and conversion. She describes the top four commonly used quantitative willingness-to-pay methods:

Van Westendorp Method: This method asks respondents four questions to determine the range of acceptable prices.
Becker-DeGroot-Marschak (BDM) Method: This method asks participants to state the maximum amount they'd pay for an item, and then a random number is generated. If the participant's stated amount exceeds this, they must buy the item at the generated price.
Multiple Price List Method: This approach involves participants indicating their willingness to buy at different price points.
Discrete Choice-Based Method: This method presents multiple product options with varying features and prices and asks customers to choose one.

Startup Demo of the Day:

Fixkey is a tool that lets users type faster by using AI to correct typos. The tool runs natively on macOS, making it accessible across any app. Fixkey also allows users to use custom prompts like "make professional", "summarize", and "translate”.

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This Week in Startups

E1896: Brian Singerman of Founders Fund discusses strategic adaptation in venture capital, emphasizing the significance of founder dynamics and investment strategies while reflecting on personal and industry-wide challenges and insights. - Watch

E1895: David Weisburd, Grady Buchanan, Victor Gutwein, and Jason discuss dry powder levels, cash management by GPs, adjustments in investment pace, the importance of GP selection for LPs, VC firm ratings, the impact of relationships within the VC ecosystem, and strategies for performing due diligence on funds and assessing VC returns. The conversation concludes with a rapid-fire segment on the guests' top recent investments. - Watch

E1894: Sunny Madra and Jason go through AI demos, starting with Hume AI, a toolkit for improving technology's emotional impact on humans. They also discuss Eleven Labs ChatGPT and AI's ongoing evolution and application across different sectors. - Watch

E1893: Jason, Alexis Ohanian of Reddit and Ron Biscardi of iConnections, discuss Reddit's history, potential IPO, and insights into venture capital and the future of iConnections. Alexis shares his experiences and advice for startups, while Ron talks about market dynamics and globalization in VC, emphasizing the importance of relationships with LPs and GPs. - Watch

E1892: Eric Migicovsky, from Beeper, discusses the company's mission to provide a universal chat app, challenges with Apple's iMessage ecosystem, and his vision for open messaging protocols. The episode highlights Beeper Mini's release and blockage by Apple, Migicovsky's experiences with platform restrictions, and speculation on future tech development. - Watch

This Week in Startups Paid Partnerships

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