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Ex-Twitch Employees Raise $3 5 Million For Beauty-Focused Streaming Startup Newness

Ex-Twitch Employees Raise $3.5 Million For Beauty-Focused Streaming Startup ‘Newness’ Newness, a beauty creator-focused streaming startup founded by former Twitch employees, has closed a $3.5 million seed round. The round was led by Sequoia Capital, with participation from Cowboy Ventures, Jonathan Shipman and The one-year-old company was founded by CEO Jenny Qian, who most recently served as Twitch’s senior director of business strategy, and CTO Youri Park. It counts 14 employees. In addition to its beauty focus, Newness wants to foster a positive community, according to Techcrunch. For instance, both fans and content moderators are rewarded with ‘crystals’ for good behavior, such as engaging in a stream or sending chat messages. Once accrued, crystals can be redeemed for full-sized beauty products, which the company plans to source via brand deals.

Newness raises $3 5 million for its Twitch for beauty streamers – TechCrunch

Newness raises $3.5 million for its ‘Twitch for beauty streamers’ Newness, a startup co-founded by former Twitch employees, has raised $3.5 million in a Sequoia-led seed round for its live-streaming platform aimed at beauty creators and their fan communities. Though today’s creators are not without options when it comes to livestreaming Twitch, YouTube, TikTok, Instagram and Facebook are all popular choices Newness is focused on building differentiated tools and features that work well for the beauty streamer market in particular. This includes offering options for both public and private streams, engagement mechanisms that reward positive contributions, moderation features and the ability for fans to earn access to free beauty products by community participation.

A Livestreaming App Wants to Be a Drama-Free Hub for Beauty

A Livestreaming App Wants to Be a Drama-Free Hub for Beauty
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

Reddit and 20 other Bay Area companies rake in $1 billion at midweek - Silicon Valley Business Journal

Reddit and 20 other Bay Area companies rake in $1 billion at midweek - Silicon Valley Business Journal
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

Contra wants to be the community that independent workers are missing – TechCrunch

working on something new according to your Twitter bio, or self-employed, according to your LinkedIn bio, founder Ben Huffman thinks his platform, Contra, will be the best way for independent workers to explain and monetize what they are working on. Contra is a platform that wants professionals to create profiles that show project-based identities, versus a role-based identity that one would show on LinkedIn. It’s been built for what Huffman thinks is the future: digital knowledge workers, a term he uses to describe independent tech workers who freelance for different companies or gigs. The early adopters are independent workers who want to work or advise for a product team.

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