Michel Kommers

16 Flips | 2 Magazines | 9 Likes | 2 Following | 1 Follower | @kommersmichel | Keep up with Michel Kommers on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Michel Kommers”

Crowdsourced algorithmic trading platform Quantopian raises $25 million from Andreessen Horowitz, others

Quantopian, an online platform that strives to turn anyone into a successful quantitative analyst, has raised $25 million in a series C funding round led by Andreessen Horowitz, with participation from existing investors Bessemer Venture Partners, Point72 Ventures, Khosla Ventures, and Spark …

Venture Capital

THE EQUITY CROWDFUNDING REPORT: The democratized funding model changing the way firms raise capital — and threatening the dominance of VCs

Equity crowdfunding is one of the fastest-growing areas in the booming alternative finance industry. It involves a group of people investing in a private company in exchange for shares.<p>Equity crowdfunding grew over 100% in both the UK and US in 2015. And BI Intelligence forecasts that in 2020, …

Startups

Lessons from Shippo’s Series A

Closing a Series A is notoriously hard — so much so that it has been coined the “Series A Crunch.” It’s estimated that only about 25 percent of startups that raise a seed round go on to close an A round.<p>Shippo, a multi-carrier shipping API, is one startup that made it through. Last month, the …

3 Industries That Will Be Transformed By AI, Machine Learning And Big Data In The Next Decade

Historically, when new technologies become easier to use, they transform industries.<p>That’s what’s happening with artificial intelligence and big data; as the barriers to implementation disappear (cost, computing power, etc.), more and more industries will put the technologies into use, and more and …

Artificial Intelligence

Cannabis Industry Expected to Be Worth $50 Billion by 2026

The legal cannabis industry in the U.S. may grow to $50 billion in the next decade, expanding to more than eight times its current size, as lawful …

Wearable Tech Market To Be Worth $34 Billion By 2020

CCS Insight has updated its outlook on the future of wearable tech, indicating that 411 million smart wearable devices, worth a staggering $34 billion, will be sold in 2020.<p>The analyst claims the industry will hit $14 billion this year, with wrist-based devices – such as smartwatches and fitness …

Virtual Reality

When You Change the World and No One Notices

Invention requires a long-term willingness to be misunderstood. You do something that you genuinely believe in, that you have conviction about, but …

The 100 Best-Funded Analytics Startups In Crunchbase

Sentiment Strategies LLC, Intermedix Corporation, IRI, Gradient Resources Inc., Birst, Lightspeed HQ, Fractal Analytics, Opera Solutions, OANDA Corporation and Vigilant Solutions are the top ten analytics startups based on an analysis of Crunchbase data today. Sentiment Strategies LLC is included …

Venture Capital

Steve Cohen bets $250 million on firm that uses algorithms

BOSTON (Reuters) - Billionaire investor Steven A. Cohen is committing $250 million to a Boston-based investment firm that lets scientists, developers and students submit computerized investment models and then picks the most promising ones to manage the money.<p>Quantopian, a hedge fund that makes …

Investing

The Internet of “Stuff Your Mom Won’t Do for You Anymore”

Every startup in Silicon Valley wants to be the next Facebook, with its one billion users, or LinkedIn, which just sold to Microsoft for $26 billion. And why not? Their business model is a beautiful thing: platforms (also known as two- or multi-sided markets) are asset-light and make money by …

Shipping Startup ShipBob Raises $4M from Hyde Park VP

<b>Deal</b>: $4 million Series A<p><b>Investors</b>: The round was led by Hyde Park Venture Partners, with participation from Hyde Park Angels, FJ Labs, Recruit …

Good Riddance To Social Search

Remember how not too long ago the future of search — at least according to the big search engines — was social search? Today, you’d be hard-pressed to find any mention of social search on Google or Bing (let alone Yahoo Search). Let’s be thankful for that because social search was an ill-begotten …