Tag: Entrepreneur

The VC unicorn obsession is creating an early-stage funding wasteland

Over the last decade, unicorns have completely transformed the VC landscape. They’ve tilting the funding scales toward a concentrated set of companies. A decade ago unicorns represented a minuscule sector of the VC industry, with only six completed deals that represented just 1.2 percent of total deal value for the […]

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ProBeat: Amazon’s HQ2 was a perfect bait and switch

In September 2017, Amazon kicked off a frenzy from local governments with its announcement that North America would be blessed with a “second headquarters” (HQ2). City officials across the country have been bending over backward to please Amazon in the hopes of bringing the promised 50,000 jobs to their district. […]

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MapAnything raises $42.5 million for location of things platform

The location of things (LoT) market — which comprises technology that enables developers to make use of geographic data  — is projected to be worth $71.6 billion by 2025, driven by the proliferation of connected devices, high-speed networks, and personalized services. Mapping and navigation apps like Google Maps, Uber, and […]

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Reimagining the contact center with bots, AI, and the gig economy (VB Live)

AI-powered bots and messaging: the cost-effective, easy-to-implement automation tech is set to slash contact center size by 50 percent in the next five years, reducing costs and powering up the gig economy. Can your company benefit? Take a closer look at the long-term implications of customer support automation, when you […]

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AdaSky raises $20 million for far-infrared sensor designed for autonomous cars

In October 2017, two-year-old Israeli startup AdaSky emerged from stealth with what it claimed was the first far-infrared (FIR) thermal cameras explicitly designed for driverless cars. Its Viper platform would enable carmakers to clear fully autonomous milestones much more quickly than with conventional sensor packages, AdaSky promised, and it would enter […]

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Heartland Tech Weekly: Don’t overlook Amazon’s Nashville announcement

Amazon’s HQ2 search is finally over. In the off chance that you have been on vacation and without internet access for the past week, Amazon chose neighborhoods in the New York City and Washington, D.C. area for “dual” HQ2s (which I’ve started referring to as HQ2a and HQ2b). However, one Heartland city […]

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Hippo raises $70 million for data-driven home insurance

U.S. home insurers raked in $95 billion in revenue last year, and according to a recent Jupiter report, so-called insurtech companies are forecast to capture $400 billion in premiums by 2023. Hippo, a Mountain View insurance startup founded in 2015, is a beneficiary of the booming market — the company’s insurance policy sales have […]

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Intel Capital leads $12 million round for SAM Seamless Network and its home IoT security system

SAM Seamless Network today announced that it has raised $12 million in venture capital in a round led by Intel Capital. The Israeli startup makes a home IoT network security system that operates at a network level to provide protection for all connected devices in home. The service sits at the […]

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Snap reveals U.S. subpoenas over 2017 IPO disclosures

(Reuters) — The U.S. Justice Department and Securities and Exchange Commission have subpoenaed Snap for information about its March 2017 initial public offering, the social media app maker told Reuters on Tuesday. Snap said in a statement it has responded to the government subpoenas and other requests for information. The […]

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Amazon’s bait-and-switch won’t stop cities from screwing their citizens over for jobs

Amazon’s much-anticipated HQ2 announcement was predictable. Not just because the tech giant went with two obvious choices to add thousands of tech jobs in — New York City and Arlington, Virginia in the Washington, D.C. metro area — but because of how much these two cities were willing to give […]

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Mindfulness app Simple Habit raises $10 million

Meditation’s benefits are well-documented. A recent study by neuroscientists at Massachusetts General Hospital and Harvard Medical School found that people who regularly practice yoga and other mindfulness programs have measurably more gray matter in the hippocampus, the area of the brain that assists in learning, cognition, and memory. In fact, meditation […]

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France leads effort to save internet from itself with ‘Paris Call’ and Facebook embed

As the geopolitical picture continues to churn with uncertainty, France is making a strong and surprising bid to assume a central leadership role in fixing the hot mess otherwise known as the internet. Following a weekend-long tribute to the 100th anniversary of the end of World War I that drew […]

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Ridecell extends funding round for autonomous ride-hailing platform to $60 million

Car-sharing, ride-sharing, and ride-hailing companies have something in common: They rely on fairly sophisticated backends to keep fleets up and running on time. Ridecell, which offers one such software-as-a-service (SaaS) solution, has attracted the attention of investors like LG and Sony. The San Francisco startup today announced an extension of the […]

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The AI aspiration gap: How to hook AI into actual business results (VB Live)

Getting your AI deployment right takes five steps: assessing your data strategy, aligning stakeholders, assessing tech feasibility, and a coordinated approach to ethics. To learn more about the five fundamentals of AI readiness, and ensure you get it right at every step, catch up on this VB Live event. Access […]

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Microsoft opens Surface Go with LTE preorders, starting at $679

Microsoft has finally revealed details of the previously announced LTE-enabled Surface Go hybrid laptop-tablet. The company said it’s opening preorders today, starting at $679 for the consumer version and $729 for the business-focused incarnation. Microsoft said the Surface Go with LTE Advanced is expected to officially go on sale in the […]

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Atomico leads $24 million investment in UI prototyping platform Framer

Dutch design prototyping startup Framer has raised $24 million in a series B round of funding led by Atomico, with participation from Accel and AngelList. Founded out of Amsterdam in 2014, Framer offers an interactive design tool called Framer X, which launched as a replacement to the previous incarnation two months ago. In […]

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How Prague’s Avast went from Soviet-era security project to $4.5 billion IPO

Early on a Thursday morning last May, executives from Prague-based Avast crowded onto a podium in the London Stock Exchange to cheer the start of trading for the cybersecurity company’s stock. They were understandably thrilled to be part of $4.5 billion IPO, a milestone that placed them firmly within one […]

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How universities should teach blockchain

Like nearly every company and institution these days, universities don’t want to miss out on the blockchain gold rush. On college campuses the demand from students for blockchain-related courses is skyrocketing. In 2014, NYU’s Stern School of Business became the first major academic institution to offer a course on cryptocurrencies; now nearly half of […]

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Roomi’s fall from grace: Major layoffs follow allegations of frivolous spending and nepotism

Next week will mark one year since Roomi announced a fresh $11 million in funding, a cash injection that came just as the New York-based shared housing marketplace declared it had hit the magic 1 million user milestone. That series A round was intended to spearhead a major domestic and global […]

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Huawei Mate 20 Pro review: The notch giveth, and the notch taketh away

Sometimes an action intended to create a positive outcome is simultaneously intertwined with negative consequences. For every yin, there is a yang; for every good, a bad; for every … you get the picture. Having spent the past few weeks with the latest Huawei flagship, the Mate 20 Pro, that is […]

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New York City could be the biggest winner of tech’s West Coast exodus

The New York City metro area could soon more closely resemble the Bay Area. That’s if, as reports indicate, Amazon chooses New York’s Long Island City neighborhood as one of two places it will add about 25,000 employees to over the next several years as part of its recent decision to […]

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