May
15

Advertisers still spend almost as much money on print ads as PC web ads — even though consumers spend far more time surfing the net than reading newspapers

There's an old saying in advertising that money follows eyeballs. But that's not universally true.

As this chart from Statista shows, advertisers spend the large majority of their dollars on ads targeted at television, mobile devices, and PC web browsers — the forms of media with which consumers are spending most of their time. But the medium that ranks fourth in terms of ad revenue is print — good old fashioned newspapers, magazines, and the like. That seems out of whack when you consider that while print draws in almost as much ad revenue as the desktop web, consumers spend only a fifth as much time with it.

But there is an explanation — consumers trust print ads more than those in other media, according to recent studies. That tends to make print ads more effective — and keeps the money flowing.

Shayanne Gal/Business Insider

Original author: Prachi Bhardwaj

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May
15

'Solo' has exciting thrills and lush photography, but it's the first Star Wars movie to make me worried about franchise fatigue

Warning: Minor spoilers below.

The moment I realized "Solo: A Star Wars Movie" wasn't for me was toward the two-hour mark of the movie, when I realized we were nowhere near the end.

Granted, there was about only 15 minutes left in the movie, but it felt like an eternity. I've had that feeling in many movies in my life — when it just won't end. But never for a "Star Wars" movie.

"Solo" is not an awful movie, it just has a few awful parts that feel uninspired. This is particularly true in the third act of the movie.

In "Solo" (opening May 25), we follow the progression of Han Solo (Alden Ehrenreich) from a small-time hood on his home planet of Corellia, with dreams of being a great pilot cruising through the galaxy, to eventually becoming a space pirate.

There are thrilling action sequences, cinematographer Bradford Young ("Arrival") gives the movie a beautiful look, there are fantastic performances by Ehrenreich and Joonas Suotamo as Chewbacca, and Donald Glover completely knocks it out of the park as Lando Calrissian.

But the movie crumbles following Han and the gang's thrilling completion of the legendary Kessel Run. The conclusion of the movie is stale, filled with cliches, and tries too hard to set the foundation for future "Solo" movies by featuring one of the most random cameos you'll ever see in a movie (more on that in a sec, but don't worry, no spoilers).

That's certainly not my only issue with the movie.

It starts with some really lame opening text that sets the stage. The worst piece is the use of the words "mean streets" in describing the planet Solo grew up on. And the movie at times tries a little too hard to make Han an idealistic jokester. Personally, I think this is less the leftover effect of Chris Miller and Phil Lord's involvement in the movie as one-time directors, and more on eventual director Ron Howard's vanilla style.Donald Glover as Lando Calrissian is fantastic. Lucasfilm However, there are some great elements to the story, as well.

Young's photography goes from smoky original "Blade Runner" vibe in the beginning to wide epic shots by the end. Glover's Calrissian sounds like the actor who originally played him, Billy Dee Williams, and has a flawless style. He's also paired with a sassy robot co-pilot, L3-37 (Phoebe Waller-Bridge) that is a total scene stealer. And Ehrenreich actually pulls off playing Solo, not so much by doing his best Harrison Ford impression, but instead showing us a different side of the character. This is how Solo was before the galaxy chewed up all the youthful optimism he had about life and spit him back out.

And we see the Millennium Falcon at its one-time pristine condition, which is a thrill to take in.

The biggest issue the movie has is that the screenwriters Lawrence and Jonathan Kasdan try to shoe-horn a plot twist at the end that is so unnecessary. In teasing a potential villain path for Han's love interest in the movie, Qi'ra (Emilia Clarke), they bring back a character from the "Star Wars" saga that is a fan favorite, but is a bizarre choice to be included in this story. It certainly is going to make an uproar when general audiences see the movie, primarily because it feels so blatantly force fed.

Like all "Star Wars" movies, there will be those who will absolutely love this movie, and there are certainly things to enjoy about it. The supporting cast — filled with veterans like Woody Harrelson, Paul Bettany, Thandie Newton, and one character voiced by Jon Favreau — are all great and mesh perfectly with the leads.

But my fear is "Solo" shows signs that Disney/Lucasfilm are hitting a point where the beloved "Star Wars" universe could be headed to a watered-down moment. Is there a need to have a "Star Wars" movie released every single year, especially with multiple "Star Wars" series coming to Disney's streaming service in the coming years?

To this point, all the movies released so far since Disney took over Lucasfilm have been enormous money makers, so obviously the studio won't want to slow down. But "Solo" may be the first indication that it might be time to pump the brakes and take more time to focus on the stories, and make sure everything is right (especially the creatives involved) before making a movie.

Original author: Jason Guerrasio

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May
15

This crazy new game looks like 'Grand Theft Auto' meets 'Mad Max'

"Rage 2" is what happens when the open-world experience of "Grand Theft Auto" meets the sun-drenched post-apocalypse.

Just look at this madness:

Look familiar? Avalanche Games/Bethesda Softworks

The newly-unveiled "Rage 2" won't arrive for at least another year on PlayStation 4, Xbox One, and PC, but we got our first good look at it this week.

Here's what we know so far about the next big game from the folks behind "DOOM" and "Just Cause":

Original author: Ben Gilbert

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May
15

David Tepper’s hedge fund dumped its entire Apple stake ahead of the billionaire's expected purchase of the Carolina Panthers (AAPL)

Thomson Reuters

Appaloosa Management, run by billionaire David Tepper, sold off its entire stake of Apple last quarter.Tepper is expected to purchase the Carolina Panthers NFL team for $2.2 billion, it was reported Tuesday.Follow Apple's stock price in real-time here.

David Tepper’s hedge fund, Appaloosa Management, exited its stake in Apple during the first quarter, documents filed Tuesday show.

At Tuesday’s prices, the sale of 4,587,852 shares would be worth more than $853 million.

The sale was made public in a form known as a 13-F, which all institutional asset managers are required to file after each quarter. Because funds are only required to disclose their current holdings, it’s not clear when or at what price the fund sold off its stake. 

Regardless, Tepper likely saw a hefty profit thanks to the appreciation of Apple even in recent months. Since November, when a smaller stake was first disclosed by Appaloosa, the stock has risen 9%. The fund's initial purchase happened some time between July and September, when Apple shares were even lower.

Tuesday’s filings come just hours after Tepper reportedly agreed to buy the Carolina Panthers from team founder Jerry Richardson for $2.2 billion. The purchase is pending a vote at the NFL owners meeting next week in Atlanta.

The fund, whose holdings of public securities fell 7.1% to $9.71 billion in the quarter, also added a new stake in Wells Fargo while upping its stake in MGM and Google-parent Alphabet

Original author: Graham Rapier

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Nov
07

Bootstrap First, Raise Money Later from Udupi, Karnataka: Rohith Bhat’s Exhilarating Journey with Robosoft (Part 6) - Sramana Mitra

A NASA engineer tests a Mars Cube One (MarCO) satellite before launch.NASA/JPL-Caltech

The horizon seems to stretch toward infinity on Earth's surface, where the vast majority of us will spend our entire lives.

But photos from space don't lie about the real stature of our home planet.

Earth is a puny, insignificant speck that floats in an endless black void, and a new NASA photo is all the more proof of this moving (and perhaps depressing) fact of life.

The image was taken from a distance of about 621,371 miles (1 million kilometers) away, by a tiny satellite that's currently on its way to Mars.

When NASA's InSight lander launched on May 5, it was accompanied by two identical, backpack-size satellites collectively called Mars Cube One, or MarCO. MarCO-A and MarCO-B are tiny, modular spacecraft known as "CubeSats," and today they're officially the smallest satellites ever sent past the moon.

During a series of tests on May 9, MarCO-B — which engineers call "Wall-E" — took its first-ever photo so scientists could check that its antenna deployed correctly. In the resulting image, two familiar objects appear: Earth and its moon.

A photo of Earth and the moon taken by MarCO-B about 1 million kilometers away from the planet.NASA/JPL-Caltech

It's easy to miss the celestial partners in the picture.

To help us out, NASA's Jet Propulsion Laboratory released a labeled version that highlights Earth, the moon, and various parts of MarCO-B.

NASA/JPL-Caltech

Capturing Earth and the moon in the photo was no accident.

NASA said the image is meant to honor the "pale blue dot" photo proposed by famed physicist Carl Sagan and taken by the Voyager spacecraft in 1990.

"Consider it our homage to Voyager," Andy Klesh, MarCO's chief engineer at NASA-JPL, said in a press release about the image. "CubeSats have never gone this far into space before, so it's a big milestone. Both our CubeSats are healthy and functioning properly. We're looking forward to seeing them travel even farther."

The MarCO satellites are designed to test the benefits of launching CubeSats in deep space.

If at least one MarCO satellite safely reaches the red planet, it could help scientists on Earth get better, quicker information about the InSight spacecraft's attempt to descend toward and land on the Martian surface.

Original author: Dave Mosher

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Nov
06

Hellocar is another UK car-buying startup closing doors

San Francisco's housing market is out of control, and residents want the tech industry to answer for it. Shutterstock

San Francisco is in trouble. The streets are filthy. Housing prices are out-of-control. The city is host to 1.23% of all homeless Americans.

Some San Franciscans are fed up with the tech industry, which they blame for gentrification and the still-painful housing crisis. They want a reckoning to come for Big Tech — courtesy of the next mayor.

San Francisco elects a new mayor in less than three weeks, and the candidates are battling over the best path to regulate the tech industry and its presence in the city. The top contenders are expected to take a harder line with the tech companies that have sprouted throughout the city, thanks to generous tax breaks and other favorable policies. The era of tech-friendly civic policy in San Francisco may be coming to an end.

Seven mayoral candidates met for one final debate on Monday evening at the Commonwealth Club. During the last portion of the debate, the moderator read questions from the audience, ranging in topic from the city's homelessness epidemic to the onslaught of electric scooters.

"Why is the rent so damn high?" the moderator read from a card.

The room broke out in laughter that quickly subsided, as an audience of about 200 people waited to hear how their next mayor plans to reckon with out-of-control housing prices.

San Francisco is in the thralls of a housing emergency. The median two-bedroom rent of $3,060 is more than double the national average of $1,170, and only 12% of families can afford to buy a home in the city. Lower-income residents are leaving in droves, as tech and finance professionals migrate into the city for high-paying jobs, driving housing prices even higher.

Audience questions during the debate made it clear, if it weren't before: Some residents are fed up with what they see as the tech industry leeching off their city, and they want the next mayor to force Big Tech to pay up.

Candidate Mark Leno, a former California state senator, called on tech companies to hire more residents for jobs in administrative offices and sales. He cited the number of college-educated San Franciscans driving taxis to suggest that underemployment is something tech can solve.

"We need to make sure that [the tech industry's] success is our success," Leno said.

An Uber self-driving vehicle climbs a hill in San Francisco. Uber

Supervisor Jane Kim, who's also running for mayor, came down on the tech industry for "their role in exacerbating the income gap," which she called the fastest-growing in the country. San Francisco's middle class shrank from about half the population in the 1990s to about 33% in 2012.

She suggested that local government work together with the tech industry to address how these companies "treat their lowest-paid workers." She asked, "What benefits do they provide them?"

Kim went on, "Can they stop contracting out [...] so that our janitors, our cafeteria workers, our security guards have security to live in the Bay Area and be able to raise their families here?"

Candidate Ellen Lee Zhou, a public health worker and union representative considered to be an underdog, asked that the tech industry considered "supplying their own apartments for their own employees." As mayor, she said she would ask tech companies to donate buildings for developing affordable housing.

People from the audience asked the candidates to address the insane traffic jams that residents face downtown, where some 6,500 Uber and Lyft cars roam the streets during peak hours.

Richie Greenberg, a small business adviser and the only Republican in the race, and San Francisco Board of Supervisors President London Breed — who served as acting mayor briefly after the sudden death of previous mayor Ed Lee — both said they would place a cap on the number of ride-hailing cars permitted on the road at any time. Breed went a step further, saying she would curb some vehicles with on-demand startups like Postmates and Caviar to reduce congestion.

San Francisco will vote on June 5 — the same day as the statewide California elections.

Original author: Melia Robinson

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May
15

Angry nurses want Mark Zuckerberg's name removed from a San Francisco hospital (FB)

Protesters cover up the word "Zuckerberg" in the sign for Zuckerberg San Francisco General Hospital. Sasha Cuttler

With Facebook under scrutiny for its privacy practices, some nurses in San Francisco want to remove the name of the company's founder from a local public hospital.

The nurses, many of whom work for the Priscilla Chan and Mark Zuckerberg San Francisco General Hospital And Trauma Center — commonly referred to as just the Zuckerberg San Francisco General Hospital — worry that patients will associate it with the social network and its recent scandal involving the leak of data to Cambridge Analytica. They're also concerned about being connected with Zuckerberg and Facebook in light of some of the company's ethically questionable practices in the past.

On Saturday, a small group of nurses staged a protest outside the hospital, taping over the word "Zuckerberg" on a sign.

"To give the name away to someone who has caused a great deal of harm in the world is entirely inappropriate," nurse Sasha Cuttler told Business Insider.

The New York Times previously reported on the protest.

San Francisco General Hospital was renamed in 2015 after Zuckerberg and his wife, Dr. Priscilla Chan donated $75 million to the institution. The name change has aroused opposition since it was first announced.

A union that includes nursing employees from the hospital circulated a petition in 2015 urging the hospital allow city residents to have some say in the name. The petition noted that residents in 2008 had approved $887 million bond measure to support the hospital.

"Although Mr. Zuckerberg and Dr. Chan's $75 million donation is appreciated and needed, we feel strongly that it is wrong to name the whole hospital for them," the petition read.

Objections to using Zuckerberg's name have been raised for years

The objections to the name have been reignited by the recent string of scandals for Facebook, particularly the one involving Cambridge Analytica. But they also reflect longstanding concerns about the company and its practices.

Mark Zuckerberg and his wife, Priscilla Chan AP One thing the nurses pointed to was a 2015 study Facebook conducted in which its researchers manipulated users' emotions without their knowledge or consent. That study was widely criticized after it became public, with many deeming it unethical.

The nurses are also worried that Facebook might use Zuckerberg's relationship with the hospital to try to obtain data on its patients. They pointed to a CNBC report about how Facebook quietly tried to pursue data-sharing arrangements with other hospitals.

The CNBC report didn't specifically cite any contact between the company and Zuckerberg San Francisco General Hospital. In a statement at the time, Facebook said the hospital data-sharing initiative didn't progress past the "planning stage."

"We are in charge of keeping our most vulnerable people private and protected ... Now people wonder, 'How much is my privacy protected at a hospital with that name on it?'" Heater Ali, an employee at Zuckerberg San Francisco General Hospital, told The New York Times.

One nurse thinks it should be renamed after an LGBTQ activist

But even some of the city's political elite are starting to second-guess the decision to rename the hospital.

"Had we known what we know now, perhaps we wouldn't have accepted the funds from Zuckerberg," John Avalos, a former San Francisco supervisor, told The Times.

A Facebook spokesperson did not immediately respond to Business Insider's request for comment.

The protesters don't have a consensus pick for what the hospital should be named, if Zuckerberg's name is removed. Instead, they believe San Francisco residents should get to choose a name in a citywide vote, Cuttler said.

Cuttler has a personal preference — José Sarria, an LGBTQ civil rights activist and drag queen. In 1961, Sarria, who went by the drag name "the Widow Norton," became the first openly gay candidate to run for public office in the United States.

A Zuckerberg San Francisco General Hospital spokesperson did not immediately respond to Business Insider's request for comment.

Original author: Rob Price

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May
15

MemSQL raises $30M Series D round for its real-time database

MemSQL, a company best known for the real-time capabilities of its eponymous in-memory database, today announced that it has raised a $30 million Series D round, bringing the company’s overall funding to $110 million. The round was led by GV (the firm you probably still refer to as Google Ventures) and Glynn Capital. Existing investors Accell, Caffeinated Capital, Data Collective and IA Ventures also participated.

The MemSQL database offers a distributed, relational database that uses standard SQL drivers and queries for transactions and analytics. Its defining feature is the combination of its data ingestions technology that allows users to push millions of events per day into the service while its users can query the records in real time. The company recently showed that its tools can deliver a scan rate of over a trillion rows per second on a cluster with 12 servers.

The database is available for deployments on the major public clouds and on-premises.

MemSQL recently announced that it saw its fourth-quarter commercial booking hit 200 percent year-over-year growth — and that’s typically the kind of growth that investors like to see, even as MemSQL plays in a very competitive market with plenty of incumbents, startups and even open-source projects. Current MemSQL users include the likes of Uber, Akamai, Pinterest, Dell EMC and Comcast.

“MemSQL has achieved strong enterprise traction by delivering a database that enables operational analysis at unique speed and scale, allowing customers to create dynamic, intelligent applications,” said Adam Ghobarah, general partner at GV, in today’s announcement. “The company has demonstrated measurable success with its growing enterprise customer base and we’re excited to invest in the team as they continue to scale.”

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May
15

Quarterback lets top esports gamers and streamers create their own fan-based leagues

In an effort to tie the top gamers and streamers more directly with their fans, a new company called Quarterback has just raised $2.5 million to create and manage fan-based leagues for the superstars of the esports and streaming world.

The company raked in its seed round from investors led by Bitkraft Esports, which is quickly building one of the most complete portfolios of gaming-related startups in the industry. Additional investors include Crest Capital Ventures, Deep Space Ventures, UpWest Labs and angel investors.

Essentially, it’s a platform for creating gaming leagues and content driven not by game publishers, leagues, or existing streaming sites like Twitch, but by the gamers themselves. It gives streamers and players a new way to reach their audience, the company claims.

Founded by serial entrepreneur Jonathan Weinberg, who acted as the chief executive for Round Robin and held a leadership role in the mobile game studio Spartonix, Quarterback is the latest attempt to get more revenue into the hands of gamers. 

Leagues created on Quarterback can host daily challenges, give away prizes and compete against fan clubs devoted to other top players.

Esports streamers and gamers are among the most bankable influencers, pitching to a new generation of consumers that don’t track traditional media sources. The ability to host and own their own channels gives these streamers an ability to create their own game libraries, cultivate a next generation of talent and encourage one-to-one interactions on platforms they control.

“Most streamers and pros struggle to monetize their fan-base and lose touch with their audience when the fans break away to play their own games,” says Jens Hilgers, a founding partner of Bitkraft Esports Ventures. “Quarterback solves this problem in a unique way by helping streamers become an integral part of their fan’s game-play.”

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May
15

Music payments startup Exactuals debuts R.AI, a ‘Palantir for music royalties’

Exactuals, a software service offering payments management for the music industry, is debuting R.AI, a new tool that it’s dubbed the “Palantir for music.” It’s a service that can track songwriting information and rights across different platforms to ensure attribution for music distributors.

As companies like Apple and Spotify demand better information from labels about the songs they’re pushing to streaming services, companies are scrambling to clean up their data and provide proper attribution.

According to Exactuals, that’s where the R.AI service comes in.

The company is tracking 59 million songs for their “Interested Party Identifiers” (IPIs), International Standard Work Codes (ISWCs) and International Standard Recording Codes (ISRCs) — all of which are vital to ensuring that songwriters and musicians are properly paid for their work every time a song is streamed, downloaded, covered or viewed on a distribution platform.

Chris McMurtry, the head of music product at Exactuals, explained it like this: In the music business, songwriters have the equivalent of a social security number, which is attached to any song they write so they can receive credit and payment. That’s the IPI. Performers of songs have their own identifier, which is the ISWC. Then the song itself gets its own code, called the ISRC which is used to track a song as it’s performed by other artists through various covers, samples and remixes.

“There’s only one ISWC, but there might be 300 ISRCs,” says Exactuals chief executive, Mike Hurst.

Publishing technology companies will pay writers and performers based on these identifiers, but they’re struggling to identify and track all of the 700,000 disparate places where the data could be, says McMurtry. Hence the need for R.AI.

The technology is “an open API based on machine learning that matches disparate data sources to clean and enhance it so rights holders can get paid and attribution happens,” says McMurry.

For publishers, Exactuals argues that R.AI is the best way to track rights across a huge catalog of music, and for labels it’s an easy way to provide services like Apple and Spotify with the information they’re now demanding, Hurst said.

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May
15

Auth0 snags $55M Series D, seeks international expansion

Auth0, a startup based in Seattle, has been helping developers with a set of APIs to build authentication into their applications for the last five years. It’s raised a fair bit of money along the way to help extend that mission, and today the company announced a $55 million Series D.

This round was led by led by Sapphire Ventures with help from World Innovation Lab, and existing investors Bessemer Venture Partners, Trinity Ventures, Meritech Capital and K9 Ventures. Today’s investment brings the total raised to $110 million. The company did not want to share its valuation.

CEO Eugenio Pace said the investment should help them expand further internationally. In fact, one of the investors, World Innovation Lab, is based in Japan and should help with their presence there. “Japan is an important market for us and they should help explain to us how the market works there,” he said.

The company offers an easy way for developers to build in authentication services into their applications, also known as Identification as a Service (IDaaS). It’s a lot like Stripe for payments or Twilio for messaging. Instead of building the authentication layer from scratch, they simply add a few lines of code and can take advantage of the services available on the Auth0 platform.

That platform includes a range of service such as single-sign on, two-factor identification, passwordless log-on and breached password detection.

They have a free tier, which doesn’t even require a credit card, and pay tiers based on the types of users — regular versus enterprise — along with the number of users. They also charge based on machine-to-machine authentication. Pace reports they have 3500 paying customers and tens of thousands of users on the free tier.

All of that has added up to a pretty decent business. While Pace would not share specific numbers, he did indicate the company doubled its revenue last year and expected to do so again this year.

With a cadence of getting funding every year for the last three years, Pace says this round may mark the end of that fundraising cycle for a time. He wasn’t ready to commit to the idea of an IPO, saying that is likely a couple of years away, but he says the company is close to profitability.

With the new influx of money, the company does plan to expand its workforce as moves into markets across the world . They currently have 300 employees, but within a year he expects to be between 400 and 450 worldwide.

The company’s last round was a $30 million Series C last June led by Meritech Capital Partners.

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May
15

BRD crowdraises $32 million to build financial services into a mobile crypto wallet

Crypto wallets can’t remain crypto wallets for long. There is so much competition and so many scammers that value-added features like financial services are de rigueur. BRD knows this quite well and is putting $32 million behind the platform to grow out the features and cryptocurrencies supported on their popular app.

Founded by Aaron Voisine, Adam Traidman, and Aaron Lasher, the company started out as a side product called Bread Wallet. BRD, say the founders, was the first iOS bitcoin wallet in the App Store.

The team has 1.1 million users in 170 countries and 76% of those are iOS. They’ve received 71% of their customers in the past year, a fact that attests to the recent popularity of cryptocurrencies. They have $6 billion of crypto assets under protection.

The team has also partnered with Changelly to help transfer more tokens than Bitcoin and Ethereum – including their own BRD token.

How did they raise the money? By token sale, of course. They ran a $12 million presale and a $20 million crowd sale, resulting in a combine Seed and A round that would make most fintech orgs blush.

The team is most proud of their focus on decentralization.

“We’ve made our name around security, first and foremost. That’s what most the miners and dev crowd know us for, as the most secure way to hold and protect all their cryptoassets,” said Voisine. “The assets themselves are not stored in any centralized system within BRD. A transaction on BRD connects directly to the blockchain and are synced in real-time. There is literally nothing to steal from BRD, since we’re not holding a single asset ourselves… even though we have over $6B USD under protection.”

Further, they are offering BRD Rewards that will let BRD users get discounts and other benefits. This is an effort to “bring a much better balance between fees and utilization.”

“We want to be the service for first-time buyers of crypto. We want to be the most popular onramp for consumers into the crypto economy,” he said.

Lasher feels that his mission is far more interesting than just making an iOS wallet. He sees this as a philosophical change that will bring new understanding of the importance of crypto.

“If sending money globally as easily as an email doesn’t impress you, how about the ability to store your life savings in your head, then walking your family across a war-torn border to safety?” he said.

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May
15

Instacart names David Hahn as new Chief Product Officer

Instacart, the on-demand grocery delivery platform that finds itself at the center of ever-increasing competition, has today announced that David Hahn will be taking over as Instacart’s new Chief Product Officer.

Hahn previously served as VP of Product at LinkedIn, after which time he went to Greylock to serve as an entrepreneur in residence, helping portfolio companies think through their products and monetization strategies.

Most recently, Hahn was President and Chief Product Officer at GoFundMe.

Hahn joins Instacart during an interesting time for the grocery space. Online grocery shopping a delivery has reached “a tipping point,” in the words of Hahn, as incumbents like Walmart and Target formulate their own delivery options. Meanwhile, as we all know, Amazon is working to integrate newly acquired Whole Foods into its Prime delivery portfolio.

“Just a few years from now, everyone will get their groceries this way,” said Hahn. “I’m excited to be part of a company leading that change in such a large and important market.”

Hahn said that he’ll be prioritizing a few things as he acclimates to the role, including the front-end product for consumers and back-end products for retailers that help with inventory management.

Indeed, one of the biggest hurdles at Instacart is integrating with dozens of retailers, many of whom use varying inventory management systems, to consistently and accurately list what is available now in stores to Instacart users.

When this information isn’t correct, it sets off a series of events wherein the shopper has to replace ordered items, which could result in a less-than-perfect delivery.

While the task may seem daunting, Hahn is excited to join Instacart at this particular part of its journey. 

“It’s quite rare to find a business at this particular stage,” said Hahn. “Instacart has reached a super impressive scale with an impressive growth rate, but there is a lot of opportunity ahead and lots of building to do.”

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May
15

200th 1Mby1M Entrepreneurship Podcast With Kanwaljit Singh, Fireside Ventures - Sramana Mitra

Kanwaljit Singh is Founder of Fireside Ventures, a fund focused on building consumer brands in India. This is an excellent conversation about the nascent opportunity that, I expect, will be a major,...

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Original author: Sramana Mitra

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May
14

1Mby1M Virtual Accelerator Investor Forum: With Don Hutchinson (Part 1) - Sramana Mitra

Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Don Hutchinson was recorded in October 2017.  Don...

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Original author: Sramana Mitra

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May
14

Thursday, May 17, 5pm – Rendezvous with Sramana Mitra in Menlo Park, CA - Sramana Mitra

For entrepreneurs interested to meet and chat with Sramana Mitra in person, please join us for our weekly informal group meetups. If you are living in the San Francisco Bay Area or are just in town...

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Original author: Maureen Kelly

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May
14

1Mby1M Virtual Accelerator Investor Forum: With David Blumberg of Blumberg Capital (Part 1) - Sramana Mitra

Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with David Blumberg, Blumberg Capital was recorded in...

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Original author: Sramana Mitra

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May
14

What Else is on Qualys’ Radar? - Sramana Mitra

Early this month, Qualys (NASDAQ: QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, reported a strong quarter that blew past market expectations. Qualys’...

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Original author: jyotsna popuri

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May
14

Boulder Open Weekend for Mental Health

May 14, 2018

For the second year Amy and I are supporting the Open Weekend – a celebration of neurodiversity in the startup community – through the Anchor Point Foundation. If you or a loved one have a mental health condition or just want to learn more or help out, I encourage you to check out the event.

Friday, May 18th starts off with the Brain Crawl at Boulder Startup Week. My good friend Jerry Colonna and I spoke at this part of the weekend last year. Saturday, May 19th is the alternative hackathon being held at Techstars. You can RSVP here to attend, mentor as a behavioral health specialist or specialist in some other area like marketing, PR, or engineering, or just jump in to learn more. Sunday will wrap up the weekend with a social day of outdoor games, meditation, and more.

Here is a click to tweet if you want to spread the word or RSVP to the Open Weekend Boulder 2018.

Also published on Medium.

Previous Post
Original author: Brad Feld

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May
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Thought Leaders in Healthcare IT: William King, CEO of Zephyr Health (Part 1) - Sramana Mitra

I first spoke with William for our Entrepreneur Journeys series in March 2015. This is a follow-up discussion on the company’s progress and extensive impact by harnessing data from a hundred...

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Original author: Sramana Mitra

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