USA vs Apple

Happy Friday! ICYMI: We launched our latest feature yesterday. Shoutouts are a new way to name-drop the companies and products that helped make your product a reality. Check it out. 

Here’s some news: 

🧑‍⚖️ The US Department of Justice is suing Apple, alleging an iPhone monopoly.

💰 Reddit stock is up a solid 48% from its original price during yesterday’s IPO.

🟧 According to Forbes, YC plans to raise $2B across three new funds.

Software has undergone a lot of changes since the early days of computing. Sleeker designs, cloud storage, and a move to web apps have all had a dramatic effect on how we use our favorite apps. 

One feature stands out, though, is multiplayer. No, I don’t mean like Call of Duty multiplayer — I mean the ability for teams to collaborate in real-time in the same app. Apps like Figma, Google Docs, and Frame.io  probably come to mind. 

If you’re building team-based software, it’s practically a must, but building real-time collaboration can be a tough ask, especially if you’re a small team. That’s why Velt exists. 

Originally announced last year as part of YC’s Winter ‘22 batch, Velt was founded by former Google Product Manager Rakesh Goyal, and its mission is to make the internet more collaborative by providing developers with a toolkit that allows them to easily pick whatever collaboration features they want to add to their app and deploy them within 30 minutes. 

Say you’re building a new design tool, boot up the SDK, drop in a line of code, and easily add Figma-style pin comments, or say you’re building a spreadsheet tool — the same goes for adding Google Sheet-style table comments. 

In an interview with Techcrunch, Rakesh explains what inspired Velt, saying, “I was used to tools like Google Docs and Sheets, which are already very collaborative. But outside, I was very surprised to see that most tools are not like that, you have to constantly take screenshots to work with other people and that just didn’t make sense to me.”

Collaboration infrastructure is a growing scene, and Velt isn’t the only one giving developers the ability to quickly implement multiplayer options. Liveblocks and Supabase are two VC-backed examples.

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