Jeff Bezos-backed accounting start-up hits $1.2 billion valuation after new funding round
Accounting start-up Pilot raised a new round of funding from Jeff Bezos and other Silicon Valley investors to help small businesses outsource back-office tasks. The San Francisco-based company closed a $100 million funding round this week, doubling its valuation to $1.2 billion. Daher describes it as "tech-enabled," but Pilot itself is not a software company. Pilot's revenue roughly doubled up during the pandemic despite small businesses bearing the brunt of Covid-related shutdowns. More millennials are also starting small businesses and tend to be more open to outsourcing through a tech platform, Daher said.cnbc.com
Bexar County pilot program for defendants facing minor charges touted a success
BCSO, judges launch pilot project similar to work-release programThe program allows participants an opportunity to avoid jail time by working weekends doing landscaping and cleanup work around the jail and other county properties. “The participants have a sense that they’re giving back to the community,” Judge Velia Meza said Wednesday. Meza, along with Judge Melissa Vara and the sheriff, launched the program last month. “We’ve already saved $16,000 in housing costs and another $4,000 in hourly wages we would have paid to landscaping companies,” he said. “I would also like to expand this out to help out some of the nonprofits or do more graffiti cleanups,” he said.
Texas pilot of small plane dies in crash as he tries to land
ZAVALLA, Texas – A 40-year-old pilot died when his small plane crashed as he tried to land on a private runway in East Texas early Saturday morning, officials said. The Texas Department of Public Safety said James Duke VanLue, of Tomball, was pronounced dead at the scene. Officials said it appears the crash happened at about 2 a.m. but the scene wasn't located till about 12:30 p.m.Capt. Alton Lenderman with the Angelina County sheriff's office tells KLTV that the single-engine plane crashed north of Zavalla. The pilot clipped the top of some trees and crashed just north of the runway.
How did pilot survive Virgin Galactic spaceship disaster at 50,000 feet?
How did pilot survive Virgin Galactic spaceship disaster at 50,000 feet? Investigators are still trying to find out what went wrong when the Virgin Galactic spaceship test crashed. One pilot was killed while a second parachuted to safety. John Blackstone shows us how the odds were stacked against anyone surviving.cbsnews.com