Metromile attracts $50m investment ahead of merger with INSU
02-02-2021
19-06-2018
US-based digital insurance platform and pay-per-mile auto insurer Metromile, which is set to go public through a reverse merger with the INSU Acquisition Corp. II, has attracted $50 million in new investment from former Uber CEO Ryan Graves and his investment firm Saltwater.
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It s a vaccine distribution proposal that has caught the attention of thousands of people. We can set up 30 volunteers at each High School parking lot and give the vaccines to 10,000 people a day. We can vaccinate the entire country in 30 to 45 days, said David Friedberg, Tech investor & entrepreneur
In the last 24 hours since our story, Governor Newsom announced:
Santa Clara s Levi s Stadium, Oakland Coliseum, Dodger Stadium in Los Angeles, Petco Park in San Diego and Cal Expo in Sacramento will become mass vaccination sites. Even Disneyland is opening its doors to help.
But, what s the plan in San Francisco? We connected David Friedberg and San Francisco Supervisor Matt Haney who s calling for a hearing with public health officials to explain the strategy to expand vaccination efforts.
SF tech CEO proposes distribution plan that would vaccinate the entire country in 30-45 days
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As coronavirus cases surge in California, a San Francisco tech CEO has a distribution plan that is getting lots of attention online. David Friedberg says we should have a war-like mentality and vaccinate as many people as possible without the red tape.
It started with a tweet by tech CEO, David Friedberg. His primary focus is on the life sciences industry, and his idea for vaccine distribution is catching steam online.
The Pandemic War is an actual war we must fight and win. the virus is surging, and evolving. we must surge back, and evolve faster than the virus. here s my proposed plan and analysis. david friedberg (@friedberg) January 9, 2021
CNN s Sanjay Gupta helps separate fact from fiction when it comes to a possible COVID-19 vaccine.
According to CDC data, California has received more vaccines than any other state but vaccinated far fewer people than New York, Texas and Florida.
California has received 2.8 million doses of the vaccine. So far, close to 800,000 vaccines have been distributed.
NYC received 1.4 million doses and has distributed almost 600,000 vaccines.
Texas received 1.9 million vaccines and distributed 850,000.
Florida received 1.6 million and 600,000 have been distributed.
Luz Pena: Do you believe that CA is being as effective as possible when it comes to vaccine distribution?
Dr. George Rutherford: No we are not being as effective as possible
About Palihapitiya: Born in Sri Lanka, Palihapitiya emigrated to Canada at the age of six.
After stints at AOL,
Facebook Inc (NASDAQ:FB) and
Slack Technologies (NYSE:WORK), Palihapitiya launched The Social + Capital Partnership, a fund to invest in ventures no major companies would fund.
Palihapitiya launched Social Capital Hedosophia with Ian Osborne to use the alternative path to traditional IPOs to bring innovative tech companies to the public market. Palihapiya has plans to bring companies public using SPACs named alphabetically from IPOA to IPOZ. Six of the first SPACs have launched, with three closed and one with a pending merger.