Subscribe here to receive TechCrunch's top stories and the roundup delivered straight to your inbox each day at 3:00 PDT.We are pleased to welcome you to Daily Crunch for the 29th of June 2021. Do you ever wish to leave civilization and live in the woods while still being able to work? If this is you, we have some good news. You'll find many more details below, including Facebook's latest product offering as well as how one startup is trying to save honeybees. Enjoy! AlexTechCrunch Top 3Duolingo will go public! Duolingo, a well-known unicorn in edtech, is going public. TechCrunch provides a detailed overview of the IPO as well as a deeper dive into the company's business health. According to traffic to our coverage of the topic since last night, you guys are very interested in learning languages. Duolingo EC-1 is also available.Duolingo, a well-known unicorn in edtech, is going public. TechCrunch provides a detailed overview of the IPO as well as a deeper dive into the company's business health. According to traffic to our coverage of the topic since last night, you guys are very interested in learning languages. Duolingo EC-1 is also available. Facebook launches Bulletin, Facebook's new newsletter service. Facebook launched a newsletter service called Bulletin, which competes with Twitters Revu, Substack and Twitters Revu. It also signed up a Boomer-friendly initial author list, including Malcolm Gladwell. Facebook has a long history of testing internal versions of products that have been successful outside. We'll have to wait to see if Bulletin can survive on its merits.Bulletin is Facebook's new newsletter service. Facebook launched a Boomer-friendly mailing list with initial authors, including Malcolm Gladwell, to compete with Twitters Revu, Substack and Twitters Revu. Facebook has a long history of testing internal versions of products that have been successful outside. We will have to wait to see if Bulletin can survive on its merits. SpaceX will spend billions on Starlink. According to Elon Musk SpaceX is losing money with its Starlink connector kits. Starlink, the low-orbit satellite network of SpaceX that could provide global internet connectivity, is what this space company calls it. According to TechCrunch, Musk's comments suggest that SpaceX could invest between $5 billion and $10 billion in the initial project, and up to $30 billion over the course of time.Startups/VCBeeflow is our top pick in our roundup today of the latest startup news. We chose Beeflow to be at the top of our list for two reasons: (1) It is about bees, and (2) It's called Beeflow. What's not to like? Jordan Crook says the startup could have a solution to the decline of the global bee population. It might even make you money.The rest of the news is now:It would be remiss of me not to mention that I covered the venture capital rounds from Arrows and co-op this morning, as well as news about Acceleprises' rebrand.How VCs can co-invest with LPs to get the best out of their investmentsA recent survey on private equity found that 80% of respondents believed their co-investments made with people other than traditional VC firms outperformed PE fund investments.Alternative investors are motivated and seek higher returns than what is generally available in the public market. They are also less afraid of risk because they are more motivated. They also enjoy lower fees and close ties to VCs. This allows them to expand the talent pool while they develop investment skills.These relationships also have direct benefits to VCs, such as increased flexibility and diversification as well as consolidated decision-making authority.Co-investors can dramatically increase their returns by choosing the right deal structure, selecting the right deal, and investigating it thoroughly, according to William Kilmer, C5 Capital Managing Partner. Kilmer also wrote an Extra Crunch post for VCs looking at an alternative route.(Extra Crunch) Our membership program that helps founders and startups get ahead. Sign up hereBig Tech Inc.It's been a great week for Big Tech companies, from smaller startups to mega-giants. Facebook has crossed the $1 trillion threshold for market capital, but it fell below the magic number today. Here's what else is happening at the Bigs.Shopify reduces its cut to zero: Shopify will not charge developers for the first million dollars in revenue they generate on its app marketplace. This move is part of a wider trend in app stores decreasing their cut as Apple fights tooth-and-nine to prevent them from doing the same with its application emporium. Although Shopify's news is more targeted at Amazon than Apple, it still undercuts Cupertinos claim that it should receive around a third the amount of commerce that occurs on iOS.Shopify will not charge developers for the first million dollars in revenue they generate through its app marketplace. This move is consistent with a wider trend in app stores decreasing their cut while Apple fights tooth-and-nine to prevent them from doing the same for its own application marketplace. Although Shopify's news was more targeted at Amazon than Apple, it still undercuts Cupertino's argument that Apple deserves about a third of all iOS commerce. AI developers are coming: Today's news from Microsofts GitHub sub-org is noteworthy. The sub-org announced an AI-powered tool that will suggest code as you type. OpenAI and GitHub teamed up to create the tool. The coding service is a great option for beginners.TechCrunch experts in growth marketingTechCrunch invites you to recommend growth marketers who are experts in SEO, social media, content writing, and other areas. This survey is for growth marketers. We want to know why your clients love working with you.This interview Extra Crunch's Managing Editor Eric Eldon conducted with Scott Tong about how surveys shape our coverage. The pandemic demonstrated why brand and product design must be integrated.
