Daily Precap

Daily Precap - Tuesday 7th August 2018


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Hey I’m Domm, it’s Tuesday 7th August 2018, and this is your daily precap of the latest and greatest technology, startups, and business news.
We are getting night vision. US company Sinoyx released their Aurora High Definition night vision action cam for Presale.
The company has been making night vision devices for government for over 10 years and is now bringing their advanced tech to the consumer market.
They are concentrating on the direct to consumer market but their sensors and tech could potentially be integrated by smartphone manufacturers to put the tech in your pocket.
The devices are selling for $799 US, and I can’t wait to get my hands on one.
If your phone is a Google Pixel you get pie. Pie being the latest version of the Android operating system that is.The new OS was released yesterday and offers of a tonne of new features mainly centred around better integrating AI to make your life simpler, some of the new additions are:
messages in notifications when replying inline, smart replies in notifications, Adaptive Battery and Adaptive Brightness features, App Actions for predicting what the user will do next, and multi-camera APIs that let you access streams simultaneously from two or more physical cameras.
Amazon has sold ~50M Alexa smart home speakers to date, and only 2% of those have ever made a purchase online, and of that 1M who did, only 100,000 made a second purchase through the speaker, equating to not even half a percent of all users.
Although some are now questioning all the hype around smart speaker commerce, I believe the answer is simply that there is a lack of seamless transaction experiences. What can we really purchase through these speakers yet? Not much. I cannot book a table at my local restaurant, or buy movie tickets to the local cinema.
We need to organise the physical world to enable transactions through these smart speakers. I have said it before and I will say it again, there is a race to connect and organise as much of the physical world as possible into a platform capable of integration with smart speakers. These Alexa stats just prove that the race isonly getting started and anyone can win at this point.
Carbar the Melbourne based virtual car dealership has raised nearly $6M to fund growth and expand its service. The company sells cars over the internet, but doesnt expect you to front up the cash for a car you have never driven so it delivers a chosen car to your door for a 3-day trial before you commit.
They have sold 1,000 cars to date since launching in 2016, with a 87% conversion rate from their 3 day trial model, and have turned over $10M in the last year.
Part of the $5.75M they raised came from peer-to-peer debt funding, which further supports the need for a large debt funding option, like OneVentures recently announced $100M debt fund.
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That was your daily precap, I am Domm, thanks for listening.
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Daily PrecapBy Domm