Andreessen Horowitz

The Term Sheet | Newsletters

October 17, 2017<p>VCs + ICOs<p>Good morning, Term Sheet readers.<p><b>CRYPTO DEALS:</b> We've previously discussed the role that traditional venture capital firms …

Venture Capital

Here's How the World’s Top VCs Bet on Blockchain in 1 Chart

Several trends become clear as you peruse the ties. Andreessen Horowitz likes to invest alongside Union Square Ventures, as seen in joint fundings in …

Venture Capital

Cohen-backed Quantopian starts fund for outside investors

Quantopian, a “crowdsourced” hedge fund backed by Point72’s Steven Cohen and Andreessen Horowitz, has launched its first fund for outside investors …

Venture Capital

Allset raises $5 million to cut wait times at restaurants

Allset wants to make restaurants more convenient and efficient for the busy bees of this world and announced today that is has secured $5 million to expand nationwide. Greycroft Partners led this round, with participation from new investor Vaizra Investments. Previous investors, including …

Startups

Allset raises $5M to help restaurants deliver a more efficient dining experience

Allset has raised $5 million in Series A funding led by Greycroft.<p>The startup’s goal is to eliminate most of the wait time that comes with eating out. You make a reservation through the Allset smartphone app, and when you do, you also order your food and pay for the meal. Ideally, that means you …

Startups

Allset Raises $5 Million To Help Diners Order Ahead When They Eat Out

Stas Matviyenko imagines a future in which waiting to order at a restaurant is obsolete.<p>His startup Allset provides technology that does just that, allowing diners to pre-order and pre-pay meals for a faster dining experience. Office power lunchers love the software so far. But with investors …

Entrepreneurship

Data Sheet—How Top VCs Are Betting on Blockchain

NEWSWORTHY<p><b>Moar bitcoin news</b>. To go with Robert’s essay, there’s plenty of bitcoin and blockchain headlines, as well. Bain Capital Ventures and …

Ben Bernanke

Bain Capital and Andreessen Horowitz Confirm Investment in New Cryptocurrency Basecoin

Bain Capital Ventures and Andreessen Horowitz have participated in the pre-sale of a new cryptocurrency called basecoin, the companies have confirmed.<p>…

Venture Capital

Why Investors Are Betting That Bike Sharing Is the Next Uber

There’s a trope that foreign startups can’t innovate—they just copy ideas created in Silicon Valley. The success of China’s dockless bike-sharing …

Venture Capital

💫 Benedict's Newsletter: No. 226

<i>This is a weekly newsletter of what I've seen in tech and thought was interesting. I work at Andreessen Horowitz.</i><p><b>My blog posts</b><p>The scale of tech …

Mobile

Indiegogo is now an e-tailer, too

Indiegogo, the nine-year-old, crowdfunding site, is changing things up, it announced today. Not only can startups now raise money through the site, but in what seems like a natural evolution, they can now sell what they make once their goods are in production.<p>In what seems a bigger twist, the San …

Startups

LinkedIn Embraces Video Advertising; Vox Debuts 'Explainer' Ads

<i>Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here.</i><p><b>Pivot To Video</b><p>LinkedIn is finally selling video ads: native, autoplay …

Advertising

LimeBike raises $50 mln in Coatue-led round

To:<p>From:<p>Subject: Look at this story on PE HUB<p>San Mateo, California-based <b>LimeBike</b>, provider of a dockless bike-sharing service, announced it has …

Venture Capital

Bitcoin Competitors Are Being Built in Ex-Google Coders' Laptops

Bitcoin’s seemingly unstoppable surge to record highs isn’t deterring competitors.<p>Former Silicon Valley developers are working on at least two new …

Cryptocurrency

Democrat: Kushner ‘Enriched Himself’ by Lying on Disclosure

In May, <i>The</i> <i>Wall Street Journal</i> revealed that Jared Kushner failed to reveal his stake in a real-estate start-up on financial-disclosure forms he …

Donald Trump

In Eric Ries’ new book, he tells companies to turn every unit into a cash-strapped ‘startup’

All companies are startups until they aren’t. Many struggle to find their way back, too. It’s not the days of constrained resources or terrible pay or the heart-stopping uncertainty that they’re missing, of course. Instead, the problem is that it’s a lot harder to implement change at an …

Eric Ries

Navient To Acquire Earnest For $155 Million

Navient has agreed to acquire Earnest for $155 million cash.<p>Earnest has developed a student loan refinancing platform with enviable client …

Business

This high-tech surveillance system can detect and take down intruding drones

In some instances, an intruder drone can even be landed into a cage at a specific coordinate, where it would then be contained and prevented from …

Drones

a16z Podcast: Platforming the Future

In this hallway-style podcast conversation, O’Reilly Media founder Tim O’Reilly and a16z partner Benedict Evans discuss how we make sense of the most …

Ben Horowitz

Google, venture capital, and biopharma

<i>GV, Google's venture capital arm, is investing in several promising biotechnology startups.</i>Biotech is a different world from Silicon Valley’s tech …

Venture Capital

Ex-Android startup Cyngn pivots to self-driving

Cyngn, a Silicon Valley startup that raised $115 million to build a more open flavor of the Android mobile operating system, has quietly changed …

Business

Bigscreen nabs $11M in funding as it looks to build the perfect virtual movie-watching app

Big screens apparently mean big money.<p>Virtual reality remote desktop app Bigscreen has added $11 million in Series A funding to its pocketbooks as it looks to weather some waning investor interest in VR and build up its technologies while the VR headset market builds itself up.<p>The round was led by …

Virtual Reality

Old Mutual to back $1.6bn payments app TransferWise ahead of IPO

Sky News has learnt that OMGI, which is headed by the prominent City fund manager Richard Buxton, is close to striking a deal to pump tens of …

UK News

💫 Benedict's Newsletter: No. 223

<i>This is a weekly newsletter of what I've seen in tech and thought was interesting. I work at Andreessen Horowitz.</i><p><b>t🗞 News</b><p>Google announced new Pixel …

Machine Learning

Here are the 5 women-founded startups competing in the Make It In BK pitch competition

What will be the next big startup out of Brooklyn?Tuesday night, the <b>Downtown Brooklyn Partnership</b> is hosting the Make It In BK pitch competition at</b> …

Ben Horowitz

App Gives Everyday Shareholders Tinder-Like Voting Power

SAN FRANCISCO (CBS SF) — So you want to reduce fossil fuel consumption? End gun violence? Battle deforestation? Or perhaps you want to reduce carbon …

Dakota Access Pipeline

Startups hiring this week: StrongArm Technologies, Propel, Voltaiq

<i>On the Market is a Technical.ly column where we highlight new and noteworthy job openings and the people who are lookin’. Got a submission? Email us</i> …

Kevin Durant

a16z Podcast: Mindsets for Engineering Biology

Head of the largest bioengineering lab in the world, former chairman of the FDA and one of the few recipients of the National Medals of Science <i>and</i> of …

Ben Horowitz

What books are Product Managers reading?

Book recommendations by the best product managers<p>We created a list of product managers from different companies and startups — and scanned their …

Product Management

Databricks 'lays foundations' for machine learning (sorry) - Open Source Insider

Everybody is loving that thing we’re all calling machine learning aren’t they?<p>Splunk wants to make it mainstream, several other firms want to …

Machine Learning