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Samsung will introduce five new devices at its upcoming Galaxy Note event


Samsung will introduce five new devices at its upcoming Galaxy Note event – TechCrunch

August 5 is Samsung’s turn to enter the uncanny valley of live virtual product launches. As the company prepares to take the stage in its native South Korea to launch the Galaxy Note S20. The company’s new smartphone chief TM Roh addressed in a new blog post what a strange time it is to be setting up for a massive product launch, noting, “As leaders of the tech industry, we have a special responsibility – and now a true sense of urgency – to help society continue to move forward. So many people are counting on us to give them new ways to communicate, new ways to work, and new ways to connect.”

Roh’s tenure in the company’s top mobile spot has been defined by the presence of COVID-19, having started the position back in January. It’s understandable that such an address is peppered by references to the pandemic. Next month, Samsung will have the opportunity to define its own virtual presence, following in the footsteps of Microsoft and Apple, who pulled of their respective developer events with varying success.

Samsung is apparently going big for its moment in the spotlight. The executive is promising the launch of five new “power” devices.

“These devices deliver on our vision to be the innovator of new mobile experiences that flow seamlessly and continuously wherever we go,” Roh writes. “They combine power with seamless functionality, whether you’re at work or play, at home or away. In the Next Normal, you will be empowered to live life to the fullest with these devices in your hand (and in your ears, and on your wrist).”

That last parenthetical offers some insight into what we’ll be seeing besides the expected phablet launch, likely pointing to new versions of the Galaxy Buds and a new entry into Samsung’s Galaxy Watch line. For the former, at least, I’m hoping for a new premium tier designed to compete directly with Apple’s AirPods Pro and Sony’s fine fully wireless buds. Another smart guess is the Galaxy Z Fold 2. Roh makes multiple references to foldables in the message, along with 5G, which likely points to more insight into what’s coming August 5.

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Congratulations to the Space Force on their new logo, and to Ghost for being beautiful and strong.n”,”protected”:false},”excerpt”:”rendered”:”

Earlier this year, the oft-mocked but actually pretty important new branch of the military, the Space Force, revealed an image that was suspiciously reminiscent of Star Trek. Now the Space Force has revealed a new, sharper graphic that is the force’s actual logo u2014 and a motto to go with it: “Semper Supra,” or “always […]n”,”protected”:false,”author”:12084691,”featured_media”:2021584,”comment_status”:”open”,”ping_status”:”closed”,”sticky”:false,”template”:””,”format”:”standard”,”meta”:”outcome”:””,”status”:””,”crunchbase_tag”:0,”amp_status”:””,”relegenceEntities”:[],”relegenceSubjects”:[],”carmot_uuid”:”99b9b621-a2b4-388e-900d-7655f6a5d0a9″,”categories”:[15986864,174],”tags”:[148,576606166],”crunchbase_tag”:[],”tc_stories_tax”:[],”tc_event”:[],”jetpack_featured_media_url”:”https://techcrunch.com/wp-content/uploads/2020/07/space-force.jpg”,”shortlink”:”https://tcrn.ch/2BqUF1o”,”rapidData”:”pt”:””,”pct”:””,”featured”:false,”subtitle”:””,”fundingRound”:false,”seoTitle”:””,”seoDescription”:””,”premiumContent”:false,”premiumCutoffPercent”:1,”tc_cb_mapping”:[],”associatedEvent”:null,”event”:null,”authors”:[12084691],”hideFeaturedImage”:false,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts/2021531″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/types/post”],”replies”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/comments?post=2021531″],”version-history”:[“count”:5,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/2021531/revisions”],”predecessor-version”:[“id”:2021635,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/2021531/revisions/2021635″],”authors”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/12084691″],”https://techcrunch.com/edit”:[“href”:”https://techcrunch.com/wp-admin/post.php?post=2021531&action=edit”],”author”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/12084691″],”wp:featuredmedia”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/media/2021584″],”wp:attachment”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media?parent=2021531″],”wp:term”:[“taxonomy”:”category”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/categories?post=2021531″,”taxonomy”:”post_tag”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tags?post=2021531″,”taxonomy”:”_tc_cb_tag_taxonomy”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/crunchbase_tag?post=2021531″,”taxonomy”:”tc_stories_tax”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_stories_tax?post=2021531″,”taxonomy”:”tc_event”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event?post=2021531″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”_embedded”:{“authors”:[“id”:12084691,”name”:”Devin Coldewey”,”url”:”https://coldewey.cc”,”description”:””,”link”:”https://techcrunch.com/author/devin-coldewey/”,”slug”:”devin-coldewey”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/69fae9a8a3933fa91e81c086b8eee14a?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/69fae9a8a3933fa91e81c086b8eee14a?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/69fae9a8a3933fa91e81c086b8eee14a?s=96&d=identicon&r=g”,”links”:”homepage”:”http://techcrunch.com/author/tcdevin”,”twitter”:”http://twitter.com/techcrunch”,”linkedin”:”http://www.linkedin.com/company/techcrunch”,”crunchbase”:”https://www.crunchbase.com/person/devin-coldewey”,”position”:”Writer & Photographer”,”cbDescription”:”

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insurtech startups undervalued?”,”content”:{“rendered”:”

On the heels of Hippo’s funding roundu00a0and our exploration of how the private markets appear to be more conservative than public investors at the moment, we’re asking a new question: are a bunch of insurtech startups undervalued?n

Hippo — an insurtech startup focused on home insurance — put together a $150 million round at a $1.5 billion post-money valuation after growing its gross written premium to $270 million “in the past 12 months.” At that valuation, and at pre-adjustment premium scale, Hippo is super-cheap compared to Lemonade, another venture-backed insurtech startup that just went public.n


n

The Exchange explores startups, markets and money. You can read it every morning on Extra Crunch, or receive it for free in your inbox. Sign up for The Exchange newsletter, which drops Saturdays starting July 25.n


n

There’s no need to relitigate Hippo’s valuation and how the private markets have valued the firm. But our work yesterday does give us the chance to do some fun math on other players in the neo-insurance space, namely, Rootu00a0and MetroMile. Using data accrued from financial filings and valuation data from Pitchbook and Crunchbase, we can grok how much the two firms are worth using Hippo’s and Lemonade’s current premium multiples.n

""If you aren’t familiar, the cohort of startups we’re looking at have raised well over $1 billion as a group; VCs really believe in them. How they are priced then, and how they exit, will help determine the results of many a venture fund.n

So, are other players in the startup insurance market cheap at their last private price when compared to Lemonade and Hippo? Did their venture backers overpay? Let’s find out.n

Cheap? Expensive?



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