#beepi

Chingari picks up funding from Tinder CPO, OLX founder, and tech entrepreneur Guy Lelouch

Homegrown social app Chingari, a short video sharing platform to cater to the needs of young Bharat, has raised an undisclosed amount of funding from Brian Norgard, the Chief Product Officer of Tinder; French entrepreneur Fabrice Grinda, Founder of OLX; and tech entrepreneur Guy Lelouch.

A respected and savvy investor, Brian has earlier invested in startups like SpaceX, Lyft, and NotionHQ, among…

It was about time... The Internet has changed everything. Well, not quite. Buying and selling used cars, unfortunately, hasn't changed for decades. Now, that painful world is waking up. It's going from sleepi to Beepi. Beepi replaces the used car dealer and the used car lot with a system that connects buyers and sellers in a radical new way. No negotiating, no trips to the dealer, no surprises – and no commission to the guy with the plaid jacket. Which means a better price for everyone. If you're selling – just give us the basic details. We'll send a mechanic to inspect your car right on your driveway, set the price, and – when it's sold – drive it to the happy buyer. What could be less painless? Plus, you're getting a higher price than the Blue Book one. If you're buying – you know you're getting a car that's been inspected and certified, that comes with a 10-day money-back guarantee, and will be delivered right to your door. The price? This time, it's lower than the Blue Book. Beepi is better coming and going. We'll also take care of the title, the plates, and all the paperwork. So try us, and see how fast you go from 0 to happy.

What Beepi underestimated were the physical constraints associated with buying, inspecting, servicing and selling cars.

What Dealers Will Miss in Beepi’s Failure No One Asked For Car Home Delivery Beepi raised hundreds of millions of dollars on a huge addressable market (TAM) size and clear need to improve car buying and selling. What Beepi underestimated were the physical constraints associated with buying, inspecting, servicing and selling cars. What killed them is an average unit cost of $25,000, weight of…

It's the December holiday season, prime time for e-commerce companies.  We have a variety of e-tailers trading on Sand Hill Exchange.  

A homemade gift is more personal, so why not just buy a homemade gift off of Etsy ($ETSY -.34%)?  

Buy unique products off of Fab ($FABC -.29%), or for a few dollars more, just buy Fab itself.  

Without fact checking, we can say with certainty that Beepi ($BEEP -.43%) is the first company ever to provide a 10% Black Friday discount to used cars bought with Bitcoin.

Smoopa ($SMPA -.19%) provides mobile price alerts to further their vision of an all-out, no-holds-barred, Black Friday brawl.

Sand Hill Buzz

Sendgrid ($SGRID) settles at $20.7 following a successful Series C fundraise.  Sendgrid delivers over 14 billion emails per month, representing over 2% of the world's non-spam email.  They have long been rumored to be pursuing an IPO. SecondMarket ($SMKT +5.37%) has witnessed an impressive 12.1% rise since Monday.  In the same timeframe, AngelList ($ANGEL -2.61%) has fallen 3.3%.  Neither company has made any major news recently, but SHX traders often display a tendency to lead the headlines. Coinbase ($CNBS +.12%), pursuing a $50M Series C, launches its US Dollars wallet function. Airbnb ($AIRBN) acquires Pencil, a failed Cambridge scheduling app, for an undisclosed amount. Paul Graham argues mean people fail.  Having missed this memo, Uber ($UBER) vacuums up money from the meanies at Goldman Sachs while Lyft ($LYFT) pivots to be more like the meanies at Uber. Profiles in Courage

Our November Public league wrapped up, with Jeremy Cai again besting the competition.  When not racking up SHX credit and launching Tacklebox, the top trader penned some great tips on how to win at college.