As Twilio’s largest shareholder, Bessemer Venture Partners prepares for the ride

Byron Deeter is likely waking up this morning and wondering what kind of day he’ll have. It was Deeter who led Bessemer Venture Partners into its seed-stage investment in Twilio, a now nine-year-old company that offers services like messaging, voice, image transfers, authentication and video as a software platform, so developers can incorporate them into their own apps. Bessemer has since invested in each of Twilio’s private funding rounds, amassing a 28.5 percent stake in the company at a cost of nearly $70 million. And that bet — one of the firm’s largest — is being put to the test today as Twilio debuts on the public market.

Malala Fund co-founder Shiza Shahid, AngelList partner to back “mission-driven” startups

During the Global Entrepreneurship Summit (GES 2016) at Stanford University today, AngelList, the equity fundraising platform, and activist Shiza Shahid announced a partnership to form a fund called NOW Ventures that will back what they’re calling “mission-driven” startups. That’s the latest label for businesses that want to make a positive social and environmental impact, while generating profits. These startups have been previously known as for-profit for good companies, world positive or social ventures, and double- or triple-bottom line businesses.

New FCC regulations may not give consumers true online privacy protection

The FCC is presented with the unique opportunity of producing rules that recognize the expanding Internet of Things (IoT) — a world where a myriad of consumer and other devices will be connected to the Internet and/or each other with reams of personal data being generated and collected. But the FCC’s effort will fall short unless it remedies a fundamental omission with far-reaching implications for online users. Failing to do so could produce rules resulting in unintended downstream consequences —confusing and conflicting, not complementary, consumer online privacy protections. The proposal’s genesis is the FCC’s 2015 reclassification of ISPs as telecommunications services, falling under the same regulatory framework as the old phone system. This change generated more Commission oversight and a decision that it needed to apply privacy rules for the old phone network to Internet providers.

Homescreen.me returns with a new site for sharing your favorite apps

One of the early startups in the app discovery space, Homescreen.me, is relaunching its service that lets you browse which apps others have installed on their iPhone, and now, Apple Watch, too. Despite valiant efforts at creating social networks around apps and app recommendations, one of the best ways to discover those you’ll really like is by word-of-mouth — a friend tells you about an app they’re really enjoying and sells you on why you should use it, too. But word-of-mouth doesn’t necessarily scale.

Uber switches out surge for price transparency

No more pop-ups asking you to agree to those murky “2.1x” (or some other “x” amount) surge fares on the Uber app. Soon Uber will just tell you the price of your ride up front. Uber told TechCrunch in May it was not doing away with surge pricing and denied an NPR report mentioning it would be killing surge. However, it seems Uber is doing away with the feature. Uber pricing will still fluctuate with demand, but now you’ll know the dollar amount you’ll be paying for the ride, instead; “no math and no surprises,” says Uber.

Real-time crash reporting tool Sentry grabs $9 million from NEA & Accel

Sentry, a real-time crash reporting tool for web, mobile and games, has come a long way from its roots as an internal tool used at the blog comment hosting service Disqus. The startup has since been adopted by a number of big names in the tech industry, including Square, Stripe, Dropbox, Opera, Uber, Airbnb, Postmates, and others. And now it has raised $9 million in Series A funding led by NEA. Accel also participated in the new round, which will be used to continue to rapidly grow the business, as well as for hiring.

What UK startups make of the shocking Brexit vote

But today founders in the U.K. have been grappling with the nightmare made real after the public voted in a national referendum by 52 percent to 48 percent to leave the EU. Shock, disbelief and disappointment were common sentiments among the startups TechCrunch spoke to, many of which had scrambled emergency meetings to consider their immediate steps in the face of a seismic shift in the political and economic landscape of both the U.K. and the European region as a whole.