Cameo, a Chicago-based startup that lets fans pay for personalized videos from celebrities, is finalizing a Series B investment at around a $300 million valuation, Axios has learned from multiple sources.

Why it matters: It does sound a bit silly to base a company on video shout-outs from Brett Favre ($500), Flavor Flav ($175), and Disco Cowboy ($2) — but the VC bet is said to be a combination of high growth (the deal was competitive) and a belief that Cameo management has a strong handle on the talent side of the ledger as opposed to just consumer behavior.

Details: Kleiner Perkins is leading, with other new investors said to include Spark Capital.

  • Cameo previously raised $18 million from Chicago Ventures, Bedrock and Lightspeed Venture Partners.
  • Kleiner Perkins and Spark declined comment, while Cameo's CEO didn't reply.

Bonus: Gilbert Gottfried singing Baby Shark to a 1 year-old.

Go deeper: TikTok rising in the U.S.

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What we overlooked in the switch to remote learning

Illustration: Eniola Odetunde/Axios

America’s rapid and urgent transition to online school has come with a host of unforeseen consequences that are only getting worse as it continues into the fall.

The big picture: The issues range from data privacy to plagiarism, and schools are ill-equipped to deal with them, experts say.

Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 a.m. ET: 30,804,120 — Total deaths: 957,348— Total recoveries: 21,062,785Map.
  2. U.S.: Total confirmed cases as of 7 a.m. ET: 6,766,631 — Total deaths: 199,268 — Total recoveries: 2,577,446 — Total tests: 94,211,463Map.
  3. Education: What we overlooked in the switch to remote learning
  4. Politics: In reversal, CDC again recommends coronavirus testing for asymptomatic people.
  5. Health: The dwindling chances of eliminating COVID-19.
  6. World: Guatemalan president tests positive for COVID-19 — The countries painting their pandemic recoveries green.

The positions of key GOP senators on replacing Ruth Bader Ginsburg

Senate Majority Leader Mitch McConnell talks to reporters on Capitol Hill last Thursday. Photo: Chip Somodevilla/Getty Images

With President Trump planning to nominate his third Supreme Court justice nominee by next week, key Republican senators are indicating their stance on replacing the late Justice Ruth Bader Ginsburg just over six weeks out from Election Day.

The big picture: Senate Majority Leader Mitch McConnell (Ky.) has vowed that "Trump’s nominee will receive a vote on the floor of the United States Senate." But Sen. Lisa Murkowski (Alaska) told Alaska Public Media, "I would not vote to confirm a Supreme Court nominee. We are 50 some days away from an election."