If you were to write a history of Silicon Valley, you could do it by looking at a series of major diaspora. Companies like Google, Yahoo, Oracle and PayPal attract top talent for years; when they reach maturity or a major liquidity event, their talent disperses and germinates into the next generation of companies.
For the past few years, "Come for the tool, stay for the network" has been in vogue as a theory of consumer startup product development. Chris Dixon's January 2015 post popularized the idea*, and it's frequently cited in industry discussions and by investors. Why does this idea have so much appeal?
AngelList, the LinkedIn for startups just bought Product Hunt, the platform where people vote up or down on startup products, for an undisclosed amount. Product Hunt was rumored to be raising its next round for the past several months but, as founder Ryan Hoover tells TechCrunch, AngelList seemed like the best option for the future of the company and now the two are combining forces.
We're joining AngelList. The startup ecosystem has continued to evolve since Product Hunt started, three years ago. Increasingly, tech is defining how we live our day and communicate with our friends and family. Technology is more influential than ever before, an extension of how we literally see and experience the world.
We're damn excited to announce that we've acquired Product Hunt. Product Hunt is the place to discover your next favorite thing. Every day, its global community finds the latest, most interesting products. It's simply a must-read in technology. Why we're joining forces Together, we'll be one
Harry Stebbings loves venture capital. "I fell in love with VC because I watched The Social Network," he says. "Five years later, after obsessively reading and studying the industry, I saw the opportunity for a podcast." Stebbings called his podcast The Twenty Minute VC.
It looks consolidation is acoming to the wearables space with Fitbit set to acquire smartwatch maker and multi-million-dollar Kickstarter-darling Pebble, according to a report from The Information. The site reports that the acquisition is a "small amount" but there's no word on exactly how much, or indeed how little.
Twenty20 is a simple product. We are a marketplace where people sell their mobile photography to agencies and brands looking for an authentic alternative to traditional (read: terrible) stock photography. We raised an $8M Series A in May of 2014. More money than we'd imagined anyone would give us, and from amazing partners.
Techstars is excited to announce our expanded investment in the Seattle ecosystem with the Alexa Accelerator, powered by Techstars. Offered in partnership with Amazon's Alexa Fund, this program is designed to support early-stage companies advancing the state-of-the-art in voice-powered technologies, interfaces and applications, with a focus on Alexa domains such as connected home, wearables and ...
Founder Collective, the seven-year-old, Cambridge, Ma.-based seed-stage venture fund, has closed its third fund with $75 million in capital from a small group of limited partners that's financially anchored by the firm's three partners, David Frankel, Micah Rosenbloom, and Eric Paley. "Unlike most funds, the partners are, in fact, the the single-largest investor in [our new fund].
Today, we're proud to announce the close of our third fund with $75M in aggregate capital commitments. This new fund, is the same aggregate size as Founder Collective II* and will allow us to continue our mission to build the most aligned fund for founders at the seed stage.
AWS fired a shot across Digital Ocean's bow this morning at the AWS re:Invent conference when it announced new virtual private servers starting at just $5 a month. The VPS service, called Lightsail, allows a customer to easily fire up a server in the cloud for a low price and hide the complexity of the underlying services being used.
Pursglove would soon learn, however, that navigating this offshore archipelago is not easy. In any given year, trillions of dollars sit safely in the offshore financial world, effectively stateless, protected by legions of well-compensated defenders and a tangle of laws deliberately designed to impede creditors and tax collectors.
From the early days of Amazon, Machine learning (ML) has played a critical role in the value we bring to our customers. Around 20 years ago, we used machine learning in our recommendation engine to generate personalized recommendations for our customers.
SendGrid, an email delivery and performance platform that helps marketers track their email performance stats, has raised a fresh $33 million round led by Bain Capital Ventures, with participation from Bessemer Ventures and the Foundry Group. Founded out of Colorado in 2009, SendGrid serves up the infrastructure for companies to manage their transactional email initiatives, including shipping notifications, newsletters, and sign-up confirmations.
A Friday night in Madison Square Garden. The crowd was screaming for blood. And the ushers and cotton-candy vendors had probably never felt so confused. In the center of the New York City arena, two teams of five indoorsy-looking men sat at computers, facing one another.