Startups

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We are now walking through a media desert. While access to content is astronomically high, the content that we read is dead, lifeless, and derivative. Yes, I see the irony in posting my criticism of the state of online media on, well, online media, but I want to explore how we got here and what we …

Woody Allen

Y Combinator cuts ties with Peter Thiel

Silicon Valley startup accelerator Y Combinator has cut ties with Peter Thiel, <i>BuzzFeed</i> reported.<p>The billionaire PayPal founder joined the accelerator …

Peter Thiel

The UK's fastest growing tech company has just raised another $100m

Food delivery startup Deliveroo was named the UK's fastest growing tech company in the UK by Deloitte's annual Fast 50 this week, and the firm is …

GoCater spins out from La Belle Assiette to build a corporate catering marketplace

GoCater is a marketplace with hundreds of catering companies accessible from a single platform. It makes it much easier to organize events in your company. As for caterers, it’s a great way to find clients and optimize your workflows.<p>The startup first started as a spinoff from La Belle Assiette. …

A French entrepreneur who reinvented his startup twice to survive in San Francisco shares what it took to get Americans to take him seriously

• <b>Quang Hoang, a French entrepreneur, had to reinvent his startup while trying to attract American investors.</b>• <b><br>He had to change his startup's goals and hire new developers after some setbacks.</b>• <b><br>Birdly was renamed Plato and changed its focus to accommodate both its French background and its American</b> …

Silicon Valley

Mind Candy’s $1m lifeline will see it through to new year

The company behind online children’s game Moshi Monsters has secured a $1m (£760,000) lifeline that prevents the firm from running out of cash in the coming weeks.<p>It is the second time that Mind Candy, once seen as one of London’s most promising technology firms, has raised funds in the last year …

Pre-Seed Venture Aims To Help Startups Do More With Less

As seed and series A rounds have grown increasingly larger over the past decade, a new category of funding has emerged: the pre-seed round.<p>What …

Venture Capital

Chinese online ticketing platform Maoyan raises ~$151M from Tencent, valuing the company at about $3B

Karetan Market partners with waste management startup company

For the third week of Karetan Market, the event’s committee is partnering up with a startup company called sampahpemuda (www.sampahmuda.com) that …

Recycling

Smart Contract Security Startup Announces Token Sale

November 17, 2017 · 4:30 pm<p><b>SAN FRANCISCO, NOVEMBER 16, 2017 — Since June 2017, the number of Ethereum smart contracts has quadrupled from 500,000 to</b> …

Bitcoin

Tesla’s record-breaking new Roadster

A Tech in Asia editor focused primarily on China, with special interest in public service, environmental, and video game tech. Follow me on Twitter …

Roadsters

Kerala government approves support for incubators and accelerators to support startups

In a significant push to expand IT incubation space and encourage startup ventures, the Kerala government has approved support for private entities …

India

Understanding The Role of Venture Money in Media

1) VC money is not evil. 2) VC money is not sustainable.<p>Those are not contradictory statements.<p>Venture money in media has its place, especially to …

Venture Capital

Children in Need raises £2.4m in Wales on Friday

<b>Children in Need raised £2.4m in Wales during Friday's fundraiser.</b><p>The total forms part of a record-breaking UK wide total of £50.1m on the night.<p>Money raised in Wales was slightly below last year's biggest total of £2.55m.<p>The appeal started in 1980 and has supported hundreds of projects helping …

News (Wales)

MoviePass drops pricing to under $7 per month, if you opt for the annual plan

MoviePass, the subscription service that lets consumers pay a monthly fee to see unlimited movies in theaters across the U.S., is slashing its prices yet again. The company announced today it’s now offering its service for $6.95 per month, down from the current price of $9.95 per month, when …

Disrupt NY

A struggling dad built an app to buy his kids cheaper pizza — and now his company has 5 million downloads and $40 million

• <b>Ryan Hudson is the cofounder of Honey, a browser extension that tracks prices and finds online coupons.</b>• <b><br>Honey got off to a rocky start, unable to persuade investors of its value.</b>• <b><br>Today, Honey's browser extension has been downloaded over 5 million times, the team just crossed 100 people, and investors</b> …

Honey

How a 34-year-old Stanford and Harvard grad built Stitch Fix into a massive $1.63 billion company that just went public

<b>•</b> <b>CEO Katrina Blake has run Stitch Fix since it was founded in 2011. The company held an IPO Friday.</b><p><b>• The 34-year-old Stanford and Harvard grad was "risk averse" as a child and initially considered becoming a doctor.</b><p><b>• Lake is the only woman to lead a tech IPO in 2017 so far.</b><p>Friday, Katrina Lake …

Business

Spotify acquires online music studio Soundtrap

Spotify has acquired the online music studio startup, Stockholm-based Soundtrap, the company announced via a blog post this morning. The three year-old company is the maker of a cloud-based, collaborative music and podcast recording studio which includes its own collection of loops, as well as the …

The 21 hottest New York City startups to watch

New York City has long been known as a hub for finance, ecommerce, and health care startups.<p>But recent years have seen a rise in another breed of startups tackling issues ranging from crime to housing, sports to beauty.<p>In many ways, New York has become a hub for diverse companies — with even more …

Business

Don't Start a Company to Sell It, Says Guy Who Quickly Sold His Company for $1 Billion

Michal Dubin's Dollar Shave Club was acquired within five years for $1 billion. But he says looking for an exit is the wrong reason to start a company.<p>A friend suggested a title for an entrepreneurship book: "How to Start a Company and Make a Ton of Money."<p>We laughed because it's straightforward …

Entrepreneurship

A forgotten Stitch Fix cofounder likely walked away empty-handed after the startup's $1.6 billion IPO

• <b>Stitch Fix's CEO and cofounder, Katrina Lake, has shares worth more than $250 million following the company's IPO.</b>• <b><br>However, Stitch Fix has another cofounder who has been scrubbed from its history: Erin Flynn.</b>• <b><br>Flynn filed a complaint against Lake in 2012, alleging that the cofounder was trying to</b> …

Business

Trump’s New Silicon Valley Attack Could Turn a Brain Drain into a Lobotomy

The White House is expected to ax a program allowing tech-worker spouses to hold jobs in the U.S.<p><b>Donald Trump</b> blustered his way into office with promises of a “big, beautiful” wall at the Mexican border, but while that particular project is proving tough to get off the ground, Trump’s …

Immigration

From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

These venture bets on startups that "returned the fund," making firms and careers, were the result of research, strong convictions, and patient …

Venture Capital

Media startup Axios raises another $20 million

There’s a glimpse of hope in new media as Axios just raised $20 million less than a year after its launch, The Wall Street Journal reported. The company already had a pretty big list of investors, and most of the startup’s existing investors are putting more money into Axios.<p>Existing investors …

Spotify acquires yet another startup as it prepares to go public

Spotify has acquired Swedish collaborative music-making startup Soundtrap, the latter said on its website. Spotify paid at least $30 million, …

Business

Is a Buyout Blue Apron's Only Hope for Deliverance?

Unless someone comes along and buys <b>Blue Apron</b> (NYSE: APRN), investors would probably do well to cut their ties to the meal kit delivery service. Another poor quarterly performance showing it continues to lose customers means an acquisition may be its only hope for survival.<p>The results<p>Blue Apron is …

Stocks

Should Companies Build or Buy a New Feature? 6 Ways to Decide

Need new technology? Then your startup team must make a crucial decision.<p><i>By Steve Carter, co-founder of Candidate.Guru.</i><p>At our startup, we recently made a big decision: We bought Elevated Careers from the dating site eHarmony.<p>Every new project needs a technological solution to support it. If you are …

EHarmony

Meet the fifty fastest growing tech firms in the UK: Deliveroo, Bloom & Wild and MoveGB top Deloitte Fast 50

Deliveroo has been crowned the fastest growing tech company in the UK, notching up the biggest upward trajectory of any top tech business in the last …

FinTech

Spotify acquires Swedish collaborative audio recording startup Soundtrap

Spotify has acquired fellow Swedish startup Soundtrap, a company that makes a collaborative online music and audio recording studio. Terms of the deal were not disclosed.<p>Founded in 2012, Soundtrap had raised around $8.5 million to target amateur musicians with a cloud-based recording platform that …

Business

4 Benefits and 2 Challenges to Running a Tech Startup in the Heartland

The Midwest is very welcoming of startups, but a lot of VCs and talent are still located on the coasts.<p>Traditionally known for a steady, measured approach to business growth, America's Heartland is becoming a scene for fast-paced startup innovation and consequently, a focus for investors. This …

Silicon Valley