SAN FRANCISCO, June 8, 2021 /PRNewswire/ — Tuesday Capital (formerly Crunchfund) today announces the launch of Fund IV, which will continue Tuesday’s mission of identifying and investing in the next generation of world-changing companies. Fund IV will be utilized for early-stage, industry-agnostic startup investments. The new fund will allow Tuesday to continue broadening its global investment reach into Latin America and Europe, lead a greater number of funding rounds and expand the Tuesday x frog partnership announced last year. Tuesday has a long track record of investing in high growth startups like Uber, Airbnb, Airtable, Gitlab, OpenDoor, DigitalOcean and Cruise Automation at early stages and Fund IV will continue that legacy.

Since launching in 2011, Tuesday Capital has provided funders a unique source of both the capital and innovative services startups need to succeed. Tuesday is committed to providing entrepreneurs with resources that are out of reach for many startups, and Fund IV enables the firm to continue to assist its founders with a diverse array of offerings tailored to help them grow their companies. This thesis is crystallized in Tuesday’s recent partnership with renowned design house, frog, which provides Tuesday’s portfolio companies access to an array of services from branding and design to marketing and public relations. Notable Tuesday x frog collaborative investments include Companion, Kolors and Alto.

“We are very proud to announce Tuesday’s Fund IV. Our mission is to give the best founders tailored support to help their companies take flight and we are excited to bring this new fund to the market to do just that. It’s been an unprecedented year, but founders and investors have found some amazing opportunities despite the uncertainty. This new fund marks a continuation of the legacy we’ve built at Tuesday,” said Founder and Managing Partner Patrick Gallagher.

“It’s an amazing time for venture capital and we are seeing enormous inflows of capital into the market. There’s also a vibrant entrepreneurial and startup ecosystem that has taken root across the country as talent spread out during the pandemic. As a digital nomad myself, I’ve been able to meet with founders in up and coming startup hubs like Roanoke, Tulum, Nosara and Costa Rica. Travelling has helped extend Tuesday’s reach by unlocking new investment opportunities and relationships with amazing founders. I’m excited for the future and this new fund will allow us to help bring the next generation of household names to life,” said Partner Prashant Fonseka.

As Tuesday continues to expand its portfolio in a consistent and scalable way, this newly launched fund will increase the Tuesday global footprint in Latin America and Europe. Under Fund IV, startup founders outside of the traditional VC capital cities will be able to leverage the unparalleled access to capital, services and guidance from Tuesday. With competition increasing rapidly in the VC world, Tuesday’s unique offerings, investment approach and founder-first mindset will continue to guide Fund IV through 2021 and beyond.

Tuesday Capital
Founded in 2011, Tuesday Capital is an early-stage, sector-agnostic venture capital firm based in San Francisco and New York. Tuesday maintains a variety of relationships with other VC firms and works alongside them to help propel the companies of tomorrow. The firm has made hundreds of investments over the last eight years, backing many startups that have gone on to be Silicon Valley standouts and household names, including Airtable, Airbnb, Uber, Cruise, Digital Ocean, GitLab, Rover, Good Eggs, Instawork, Zipline and many others.

No software project gets very far without the means to plan, communicate and track work. Developer collaboration tools must provide ways to track and assign tasks, work together on software, report progress and share code among team members. Otherwise, you have a bunch of developers, not a development team.

Key categories of developer collaboration tools include project management, communication and code collaboration tooling. Let’s explore each tool category to understand how developers collaborate.

Project management software tools
Notable examples of project management software tools include:

Jira from Atlassian
Trello from Atlassian
Asana
Airtable
Smartsheet
Monday.com
Developers on a project team must track and manage work. Work can include tasks as well as issues to resolve. Project management tools should give developers a system to organize work itself: what work is completed, what tasks are behind and where task dependencies exist. This type of developer collaboration tool can also visualize information about the work a development team needs to do, via diagrams like Gantt, PERT and burn down charts.

The following project management tools address these needs and offer basic functionalities, such as privacy settings and team member tagging.

Jira. This Atlassian tool is designed for Agile adopters. The tool facilitates sprint planning, user story management and more. With Jira, a development team can view a project on a roadmap, Kanban board and to-do list.

Jira includes a healthy list of product integrations via the Atlassian Marketplace, which can provide options not available natively, such as a tool for a calendar view. Jira includes prebuilt workflows for Trello and also connects with other Atlassian tools like Confluence and Bitbucket.

Trello. Trello, another Atlassian product, breaks down projects into Kanban boards; each board into lists; and each list into a set of cards. In a typical example, a board has lists that represent a different step in a development team’s workflow, and each list’s cards are descriptions of specific tasks. Developers can move a card from one list to another to indicate it’s ready for the next stage. They can add details, files, due dates and comments to each card.

Asana. Asana can display work in various formats including checklists, a timeline and Kanban boards. Asana offers an out-of-the-box calendar view. Asana’s checklist/to-do list functionality lets users create subtasks, attach files to tasks and add category tags.

Airtable. Airtable enables developers to look at a project’s work in progress in a spreadsheet interface, calendar format, visual-centric gallery and Kanban board format. Additionally, the vendor has a low-code/no-code tool, Airtable Apps, available at the pro pricing tier to augment a team’s dashboard. Prebuilt app templates are available.

Smartsheet. The Smartsheet platform emphasizes its grid — i.e., spreadsheet — to provide a 30,000-foot view into projects and ongoing work. The product also provides Kanban card, calendar and Gantt chart view options. Smartsheet dashboards offer a look at crucial metrics.

Monday.com. This product uses the term pulses, in place of tasks, to describe work. Monday.com is otherwise similar to other project management tools — users can assign a status, deadline and dependencies to a team member for each pulse. Monday.com has far fewer integrations than other project management tools. Managers could find this tool to be a good choice to see what team members’ respective workloads look like.

Developer communication tools
The list of communication tools a development team could use includes:

Slack
Microsoft Teams
Google Meet
Zoom
Constant emailing back-and-forth is a disorganized and inefficient way for team members to communicate. With the proliferation of remote and globally distributed work, it’s not often feasible to walk over to a co-worker’s desk or schedule an in-person meeting. Developers need capable and user-friendly communication tools.

Slack. Slack is a messaging platform that supports conversations across multiple channels and via direct message. Users can log onto their organization’s Slack workspace via a browser, desktop application or mobile app.

Organizations often create channels for different teams, initiatives or projects — only for the team members involved in that particular group. Channels can be public or private. Slack also offers audio and video calling, as well as screen sharing functionality.

Developers can program Slack bots to perform a number of functions. For example, Slack bots can share links or files when team members type a specific command.

Slack directly integrates with a variety of applications — Google Drive, OneDrive, Google Calendar, Outlook, Gmail, GitHub, Trello, Asana, Jira and Zoom are just a few.

Teams. Microsoft Teams is a channel-based messaging platform that allows group chats and direct message conversations. Teams works in a desktop browser, in a downloaded app or on a mobile device.

Each Teams chat tracks the files uploaded in a channel, and users can simultaneously edit Word docs, Excel spreadsheets and other files directly in Teams. Additionally, Teams has video chat functionality with features like screen sharing and hand raising.

The list of Microsoft Teams integrations includes Box, Asana, Smartsheet, Jenkins, Trello, Jira, GitHub and Zoom.

Google Meet. Google Meet is a business video conferencing tool. Google Meet is free until March 31, 2021. After that grace period, non-enterprise accounts will have a 60-minute time limit. However, Google Meet lacks features like breakout rooms and hand raising. Also, the service requires each user to have a Google account.

Zoom. Zoom has standard features for a video conferencing app, including webinar capabilities, live chat, recording capabilities, screen-sharing and breakout rooms. Plus, attendees don’t need an account to join a Zoom meeting. Zoom has paid and free options. Any meeting on the free version of Zoom with three or more people has a 40-minute time limit.

Version control and code sharing tools
Developers can choose from code collaboration or version control tools, such as:

GitHub from Microsoft
GitLab
Bitbucket from Atlassian
To do programming on a group project, developers need a place to store code and juggle contributions to a single codebase coming from multiple people. A version control system enables developers to perform various actions, including check out code, fork a repository, create a branch, merge code changes and pull others’ changes. Additionally, a version control tool keeps a history of the changes made to a codebase.

GitHub. This code-hosting service allows multiple developers to work on the same application at once. Respondents to Stack Overflow’s 2020 Developer Survey said they used GitHub more than any other collaboration tool, including Slack, Jira and Google Suite.

GitHub integrates with several app-dev platforms and numerous programming languages. Add-ons are available for most project management or communication tools. GitHub offers free unlimited public and private repositories for an unlimited number of collaborators, as well as paid versions for additional storage, security and automation support. GitHub also has features for dev and project management.

GitLab. GitLab is another prominent service that hosts repositories. The open source tool provides Git-based code hosting, CI/CD functionalities, wiki features and issue tracking. GitLab provides access to an unlimited number of collaborators, and both public and private repositories. However, the tool’s free tier lacks some dashboard features, business support, multi-region accessibility and compliance automation, which are provided in paid tiers.

Bitbucket. One of the draws of the Bitbucket repository hosting service is the built-in integration with other Atlassian tools like Jira. Bitbucket allows developers to organize repos into projects, which can help dev team members stay on task. Bitbucket’s free plan offers an unlimited number of private repositories, but Atlassian caps it at five developers. Bitbucket’s standard pricing tier of $3 per user each month is Atlassian’s cheapest paid option and allows for an unlimited number of developers.