FUTURE OF TRAVEL President Donald Trump has touted his tariff regime as a way to bring back domestic manufacturing jobs—but experts say it’s not that simple. One of the premises behind 25% duties on all vehicle imports is that they’ll prompt automakers to invest in US manufacturing, and therefore create new jobs in an industry that has suffered steep job losses over the last few decades. But a number of factors stand in the way of this vision. Not only would it take years and billions of dollars to build new auto plants in the US, but the industry already struggles to attract the skilled labor it requires—and in recent years has turned to automation to meet its needs. “Ostensibly, the automotive tariffs are designed to reshore manufacturing, and this, in theory, would lead to more jobs,” Mika Takahashi, a technology analyst at IDTechEx, told Tech Brew via email. “However, the situation is more complicated than that for several reasons.” Keep reading here.—JG | |
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Presented by Fidelity It goes without saying, but we’ll say it anyway: You can’t crush fundraising goals without getting your equity management game on lock. Need some info? Fidelity’s new guide is packed with data on how you can streamline your startup’s equity management to help hit fundraising goals and engage investors effectively throughout the pipeline. What you’ll learn: - Key equity concepts: Understand ownership, dilution, and types of equity.
- Cap table setup: Learn how to set up your cap table and avoid common mistakes.
- Data room essentials: Know what to include in your data room for fundraising.
- Common equity pitfalls: Identify and avoid pitfalls that can slow you down.
Take a look, startup leaders. It may make all the difference. |
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FUTURE OF TRAVEL For those looking to spend less time stuck in bumper-to-bumper traffic, electric bicycles have emerged as a compelling car alternative. Averaging around $2,000, however, the price tag of battery-powered bikes can be a barrier to entry. French startup Upway is trying to make the emissions-free micromobility option more accessible via its platform for certified preowned e-bikes. “What that means is, concretely speaking, as a consumer you get access to top brands,” Toussaint Wattinne, Upway’s co-founder and CEO, told Tech Brew. “You save over $1,000 on average compared to retail price, and you enjoy a doorstep delivery and a bike that comes with a warranty because it’s been certified by our mechanics, brought back up to the highest quality standards.” Keep reading here.—JG | |
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Together With Rocket Software Solution-orient your business. Take your IT’s modernization efforts to new heights with Rocket Software. Their solutions cover everything from hybrid cloud and security strategies to AI-infused data and content management. Get your head (and business) in the cloud with Rocket Software’s smarter, human-oriented solutions and flexible platform. Check it out. |
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FUTURE OF TRAVEL The National Venture Capital Association has joined the fight to save the Inflation Reduction Act’s clean energy tax credits. In a letter to the House Ways and Means Committee, the NVCA expressed its support for green tech tax credits now that they’re on the chopping block. Similar to a letter to Congress from green tech business leaders, the NVCA letter emphasized the importance of reliable tax policy for economic development—especially when it comes to startups, which traditionally begin with no or low taxable income. “Scaling breakthrough energy technologies requires sustained, reliable policy support,” the letter said. “The IRA credits provide the kind of certainty needed to attract long-term investment in American energy innovation, creating jobs, economic growth, and enhancing American energy security.” To that point, the letter also spotlighted specific IRA tax credits that aid clean tech startups in getting off the ground: provisions allowing for tax credit transferability, which helps early-stage companies fund their initial work; a provision allowing small-scale carbon capture companies to get credits; an investment tax credit that incentivizes supporting domestic clean tech companies; and the investment tax credit for standalone energy storage. Keep reading here.—TC | |
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Together With Roku Ads Manager Drive installs with the remote. CTV is a primo environment for finding new mobile users, and Roku’s interactive ads take it to the next level. With one remote click, viewers can receive a text to install your app or unlock in-game rewards. Plus, there are no upcharges or minimums, so you can continuously test and optimize. Get started. |
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BITS AND BYTES Stat: 66%. That’s the percentage of physicians surveyed by the American Medical Association in 2024 who said they’re using AI in their work, up from 38% in 2023, Healthcare Brew reported in a story about a bill that would allow Medicare to cover “AI-based medical devices.” Quote: 134%. That’s how much job applications have increased on applicant tracking and hiring platform Greenhouse since the release of ChatGPT, HR Brew reported. Read: An OpenAI trainer explains how coders can use the LLM (IT Brew) Found it: Founders, this handy guide by Fidelity explores how you can streamline your startup’s equity management to help hit fundraising goals and engage investors effectively throughout the pipeline. Give it a read.* *A message from our sponsor. |
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POWER UP AND SAVE What does a smarter transportation future look like—and how do we build it? Join Tech Brew virtually on May 29 to find out. This is your final week to save 20% on a livestream pass for Power Shift, our half-day event on EVs, grid tech, and the road ahead. Use code POWERUP at checkout. Don’t wait! |
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From the launch of Mac OS X (2000) to the rise of AI-driven SaaS and self-driving cars, the past 25 years have defined how we live, work, and connect. Tech Brew’s Quarter Century Project explores the pivotal moments that shaped today’s digital world—and asks what’s next for the industry. Check it out |
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JOBS Elevate your job search beyond the traditional channels. CollabWORK is where employers seek qualified candidates through trusted, community-based referrals. Let the power of community work for you, and click here to browse jobs curated especially for Tech Brew readers. |
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