UpStart!

By barrysmyth | A magazine about startups and starting up in the world of tech.

Stitch Fix, With Nearly $1 Billion In Sales, Files For An IPO

Clothing subscription company Stitch Fix has filed for an IPO, according to paperwork submitted to regulators on Thursday.<p>The San Francisco-based e-commerce startup, which picks clothing for women using a combination of data science and human stylists, listed $100 million as the amount it would …

Startups

4 valuable tips for building pre-launch hype for your mobile app

Launching a mobile app isn’t quite as easy as it was 10 years ago. When smartphones were flooding the market back in the mid 2000’s, there was a distinct “honeymoon phase” when it came to apps. In other words, people were much more open to experimenting and trying out new programs.<p>These days, …

Mobile

Woebot names AI pioneer Andrew Ng as chairman to work on mental health

Andrew Ng, one of the cofounders of the Google Brain project, will be the new chairman of Woebot, a company that operates a chatbot of the same name.<p>The bot is designed to help people work on their own mental health issues using techniques that originate with cognitive behavioral therapy. It’s a …

Artificial Intelligence

The simple formula Jeff Bezos used to turn Amazon into a $480 billion company

In the early 1990s, Jeff Bezos noticed something strange.<p>He was nearing 30, and it was at the dawn of the internet revolution. The web was nowhere near what it is today, but the thing that caught Bezos’ attention was that usage was picking up at a rate of 2,300% a year.<p>Not wanting to miss out, he …

Jeff Bezos

Want to Be Acquired by Microsoft? Here Are 2 Things It's Looking For

LAGUNA BEACH, Calif.—Listen up, startup founders: If you’re looking for a big corporate home for your young company (rather than an IPO), consider …

Startups

Magic Leap confirms $502 million Series D round

Mixed reality slash augmented reality startup Magic Leap announced today that it raised a $502 million Series D round led by Temasek with participation from EDBI, Grupo Globo, Janus Henderson, Alibaba Group, Fidelity Management and others. Just last week, a Delaware filing confirmed that Magic Leap …

Augmented Reality

Apple Considered Buying Medical Startup Crossover Health

Apple’s push into healthcare may have included buying a popular startup that runs on-site medical clinics for companies.<p>The consumer technology giant …

Startups

A new company allows you to monetize your genetic data

Genetic Wallet<p>The organizations and scientists working hard to develop the next generation of medical treatments and pharmaceuticals rely on genetic …

Bitcoin

Startup Magic Leap seeks $1 billion funding, working on debut product

SAN FRANCISCO (Reuters) - Magic Leap, a highly funded and secretive startup that has promised breakthrough augmented reality technology, is seeking to raise up to $1 billion in fresh funding from investors, according to a new corporate filing.<p>Florida-based Magic Leap has authorized the sale of more …

Augmented Reality

Fintech startup Revolut is signing up 40 new business customers every day

• <b>Foreign exchange startup Revolut has 16,000 business customers four months after launch.</b>• <b><br>Signing up 3,000 to 3,500 new retail customers each day.</b>• <b><br>Plans to launch in the US, Australia, Canada, Singapore, and Hong Kong in the</b> <b>first quarter of 2018.</b><p>LONDON — Foreign exchange startup Revolut is expanding …

FinTech

WeTransfer’s Plan To Disrupt The Creative Process

“File-sharing” company no more–WeTransfer is aiming to become the pillar of creative communities.<p>Enter your email address. Read the fine print. Sign up. Login. Exit out of the pop-up. Most digital services force you to take several steps before you can actually do what you came to the site to do. …

Product Design

Nobel Prize Winning Economist Richard Thaler Wants Entrepreneurs and Fitness Buffs to Know This 1 Thing

The decisions you make today could have a tremendously big impact on your future--one nudge at a time.<p>Feel like you don't make the best decisions when it comes to your finances? There may be Nobel Prize-winning research to help you understand why.<p>The 2017 Nobel Prize in economics was awarded to …

Behavior

The No. 1 Thing to Look for When Investing in Artificial Intelligence

The more of it a company has, the better the company's prospects are likely to be.<p>Data.<p>So much for creating suspense. The absolute top thing to look …

Stocks

The Rise of Behavioral Economics and Its Influence on Organizations

Richard Thaler, the University of Chicago professor who just won the Nobel Memorial Prize in Economic Sciences, has inspired scholars across different disciplines and fundamentally changed the way we think about human behavior. He is considered the father of <i>behavioral economics</i> — a relatively new …

Behavior

LINE enters AI game set to dominate Asia

Japanese multimedia application LINE’s recent entry to the artificial intelligence (AI) industry could likely dominate Asia’s virtual assistant …

Artificial Intelligence

Disney’s Big Bet on Streaming Relies on Little-Known Tech Company

For two days in late June, Disney’s board of directors gathered at Walt Disney World in Florida to wrestle with one topic: how technology was disrupting the company’s traditional movie, television and theme park businesses, and what to do about it?<p>The most startling presentation came from Disney’s …

Smart TV

Too many aspiring entrepreneurs make a mistake that costs them precious time and money — but there's a simple fix

• <b>Dorie Clark is a marketing strategist and the author of "Entrepreneurial You."</b>• <b><br>She says entrepreneurs often make the mistake of pursuing an idea for a product without first checking if customers would use it.</b>• <b><br>The key is to listen to what people say they need, and to find out what you're uniquely</b> …

Entrepreneurship

6 AI-Powered Tools All Entrepreneurs Need to Run Their Business

Artificial intelligence and machine learning tools can help you better your business. Here are the ones you should try.<p>Artificial intelligence and machine learning technologies are now available to entrepreneurs via a broad range of online tools and applications. AI-powered solutions can help …

Machine Learning

Google partners with VCs to host its own machine learning startup competition

On the heels of acquiring data science community Kaggle, Google is launching a machine learning competition of its own for startups. Google is targeting early-stage companies taking an innovative approach to machine learning.<p>The competition is being run in partnership with seven venture capital …

Machine Learning

Check Out a New Podcast Hosted by Reid Hoffman -- And Join the Conversation on Entrepreneur.com

The billionaire co-founder of LinkedIn and Greylock partner is hosting a new 10-series podcast, 'Masters of Scale', one full of ideas worth talking about.<p><i>Editor’s Note: In the new podcast Masters of Scale, LinkedIn co-founder and Greylock partner Reid Hoffman explores his philosophy on how to scale</i> …

Podcasting

An engineer’s guide to picking a startup

One of the questions I often get from engineers I mentor is how do you decide on what early stage startup is worth working for? Often, this is long before you have paying customer logos or big name venture funds with substantial commitments as ‘signals’ of potential success.<p>I was a programmer once. …

Startups

Fintech investor: 'Anything that has machine learning or blockchain in it, the valuation goes up, 2, 3, 4, 5x'

LONDON — Valuations of financial technology companies are "frothy," according to one of the cofounder of a new fintech-focused investment company.<p>Andy Stewart, a managing partner at Motive Partners, said at the International Fintech conference in London last week: "I would call valuations right now …

Machine Learning

Oval combines tracking, saving and investing into one app, driven by AI… and you

There are several apps on the market that help you track your spending (Parity), save money (Pennies), or invest (Moneybox) using basic machine learning. Now an ambitious startup wants to do all three.<p>Based out of London, new startup Oval (Apple, Android) will combine expense tracking, saving, and …

Italy

The groundbreaking app turning millennials into stock traders is now said to be worth more than $1 billion

Robinhood, the app that lets you trade stocks without paying any fees, is reportedly now valued at $1.3 billion, according to a report in TechCrunch, citing sources.<p>The new round of funding is reportedly led by Yuri Milner's investment arm, DST Global, and values the investing app at over $1 …

Venture Capital

DataRobot raises $54 million to bring machine learning to predictive analytics

DataRobot, a machine learning platform that helps enterprises build predictive models at speed, has raised $54 million in a Series C funding round led by existing investor New Enterprise Associates (NEA).<p>Founded out of Boston in 2012, the DataRobot platform features hundreds of open-source machine …

Machine Learning

7 Tools That Startups Should Know About Right Now

Bootstrapped startups and the entrepreneurs who run them need software and applications that help them do heavy lifting without having to hire large teams.<p>Being an entrepreneur is no easy task, and while patience and perseverance are desirable qualities, having a few tools of the trade puts the …

Small Business

Silicon Valley is no longer #1 for talent says huge global startup report

There’s no cooler biz on the planet than startups, and there’s no denying Silicon Valley is the startups capital of the world… for now.<p>Cities all over the world are vying to knock the crown off this tech king. And Startup Genome has all the cities doing their best to keep up with San Fran sultan in …

Startups

This cutting edge AI startup from Finland is challenging tech giants and universities alike

When asking around to find the coolest startups in Helsinki, Curious AI was put forward. The company does not disappoint – even its approach to being a startup is unique.<p>Curious AI is a research-based company founded 2015 as a spin-off from Aalto's Deep Learning Research Group. While conventional …

Artificial Intelligence