Jan
11

381st Roundtable For Entrepreneurs Starting In 30 Minutes: Live Tweeting By @1Mby1M - Sramana Mitra

Today’s 381st FREE online 1Mby1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, January 11, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join. All...

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Original author: Maureen Kelly

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Jan
11

Google acquired Redux, a U.K. startup focused on audio and haptics

 Alphabet, the umbrella corporation of Google, Inc. etc., has quietly acquired a UK-based startup called Redux, reports Bloomberg. Redux was founded in 2013 out of Cambridge, and built technology that uses vibrations to turn surfaces of phones or tablets into speakers or provide haptic feedback. The acquisition is reflected on Crunchbase, and in confirmed transfer of shares within U.K.… Read More

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Jan
11

Billion Dollar Unicorns: Improbable Joins the Club - Sramana Mitra

According to a Research and Markets report, the global Massively Multiplayer Online (MMO) games market was worth $26.9 billion in 2016 and is expected to reach $44.6 billion by 2022 at a CAGR of...

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Original author: Sramana_Mitra

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Jan
11

Sphero spinoff Misty Robotics launches a robot for programmers

 Recent Sphero spinoff Misty Robotics brought a decidedly non-consumer-focused device to the Consumer Electronics Show in Vegas this week. The Misty I Developer Edition is the first baby step for a startup with even grander ambitions than the one that gave birth to it. In June, the company announced a $11.5 million Series A led by Venrock and Foundry Group to aide in its plans to build a… Read More

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Jan
11

Unbabel raises $23M for its ‘AI-powered, human-refined’ translation platform

 Lisbon-headquartered Unbabel, a startup that has developed what it describes as an “AI-powered, human-refined” translation platform that makes it more cost effective to conduct business globally, has raised $23 million in Series B funding. Read More

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Jan
11

Sodexo acquires majority stake in French online restaurant FoodChéri

 Sodexo, a French publicly-listed food services and facilities management company, has acquired a majority stake in Paris-based online restaurant and food delivery startup FoodChéri. Terms of the deal remain undisclosed, though François Paulus of Breega Capital, which backed the company’s €6 million Series A, tells me he is “happy with the return”. Read More

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Jan
11

Overstock and Coinbase briefly mixed up Bitcoin and Bitcoin Cash

 A glitch on Overstock’s website allowed users to send amounts of Bitcoin Cash to Overstock when the system was expecting Bitcoin, leading to drastic discounts on many items. Given that BTC is about $14,000 and Bitcoin Cash is $2,400, the mistake could have been quite costly. Originally reported by Brian Krebs, the exploit allowed you to send the required amount of BTC in Bitcoin Cash.… Read More

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Jan
10

Optimizely launches new tools to help companies manage thousands of web experiments

 Optimizely helps businesses test out different ways to make their websites or apps more effective — but, as vice president of Product Management Claire Vo put it, how do you go from “five experiments per week to hundreds and thousands of experiments per week”? Read More

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Jan
10

1Mby1M Virtual Accelerator Investor Forum: With Alastair Mitchell of EQT Ventures (Part 3) - Sramana Mitra

Sramana Mitra: Can you look at the 2017 deal flow, and talk about where are the pockets where there are good companies in Europe right now? Is it France? Is it Portugal? Is it Stockholm? Is it Spain?...

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Original author: Sramana Mitra

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Jan
10

Welcome Jamey Sperans To Foundry Group

January 10, 2018

My partners and I just announced that our long-time friend and LP – Jamey Sperans – has joined Foundry Group.

We’ve been working with Jamey since the beginning of Foundry Group in 2007 (he was one of our first LPs via Morgan Stanley AIP) and have become extremely close friends.

Jamey and his family have moved to Boulder, so in addition to working with us, he’ll become a part of the extended Boulder/Denver startup community.

We are delighted to have Jamey in town and on our team. If you want the backstory, take a look at the post on the Foundry Group site titled Introducing Our New Partner – Jamey Sperans.

Also published on Medium.

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Original author: Brad Feld

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Jan
10

Thought Leaders in Healthcare IT: Prashant Srivastava, CEO of Evive (Part 3) - Sramana Mitra

Sramana Mitra: How do you charge? Prashant Srivastava: Employers invest about $50 a person a year in our technology to help get the right benefit to the right person and get value for their $10,000...

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Original author: Sramana Mitra

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Jan
10

Seed Investors On How They Decide What To Finance In Podcasts - Sramana Mitra

Startup entrepreneurs interested in seeking financing should learn how seed investors decide what to invest in. Different investors look for various qualities in the entrepreneurs and startups that...

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Original author: Sramana Mitra

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Jan
10

Billion Dollar Unicorns: SoFi Delays IPO Plans - Sramana Mitra

According to The 2017 Americas Alternative Finance Industry Report, the alternative finance market across the US, Canada, Latin America, and the Caribbean has grown 23% to $35.2 billion in 2016. A...

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Original author: Sramana_Mitra

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Jan
10

Bugsnag snares $9 million Series B, now gives you a software stability score

 Bugsnag, the cloud service that helps developers find bugs inside their software, announced a $9 million Series B today. They also released a new version of their dashboard that features a stability score than can give customers an unbiased grade of the current stability of their software. Let’s look at the funding first. Investors included first-timer GV (formerly Google Ventures)… Read More

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Jan
10

Euveka’s shape-shifting robotic mannequin could streamline the fashion and wearable industries

 Some ideas you hear and they immediately make sense. Some take a minute, but the more you think about them, the better they seem. Euveka, a mannequin for clothing designers that can change shape and size in seconds, is the latter — and I think it may eventually be a standard item in any fashion studio and a fair few other industries. Read More

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Mar
15

Revolut adds direct debits in Europe

 Lacrosse is a physically demanding sport under the best conditions, but inclement weather adds frozen hands to the mix. Samantha Wolfe had enough of it and, as a 14-year-old freshman, thought, “why not make a heated stick?” Three years later, her idea has become a reality — the FingerFire lacrosse stick — and is being tested right now by teams in colder climes. Read More

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Jan
09

LifeDoor closes your home’s doors automatically to protect against fires

 It turns out that in case of a fire in your home, a closed door is the best barrier against spreading smoke, heat and flames. But who’s going to run around the house shutting doors? LifeDoor is a simple gadget that sits on your doors’ hinges and closes them automatically (and gently) when smoke is detected. It’s kid safe and firefighter approved. Read More

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Jan
09

The CEO of London ‘proptech’ startup Goodlord is departing after nearly 40 employees are let go

 Goodlord, the London ‘proptech’ startup that has built a software platform to handle transactions and the “paperwork” normally associated with renting a home, has laid off nearly 40 employees, while TechCrunch understands from sources that co-founder and CEO Richard White will soon be leaving the company. Read More

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Jan
09

Will.i.am’s company buys Bluetooth earbud maker Earin

 i.am+ is a strange company — of course, we’d expect no less from a startup owned by Black Eyed Pea turned tech entrepreneur, Will.i.am. Probably best known for its gaudy Buttons headphones and the largely panned Puls smartwatch/wrist-band dealie, the company has been making some strange and seemingly disparate moves of late. At Dreamforce back in November, it announced that it… Read More

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Jan
09

Supporting Time’s Up Legal Defense Fund

January 9, 2018

Yesterday, my partners at Foundry Group announced financial support for the Time’s Up Legal Defense Fund.

We strongly believe that sexual harassment is unacceptable in any form. While there can be a debate about whether sexual harassment is about sex, power, or something else, there’s an additional pernicious element of it when the harasser threatens to sue the person being harassed. This extends the harassment and reinforces the issue around the power dynamic, especially when the harasser has much more financial resources than the person being harassed.

My partners and I were considering establishing a VC / Entrepreneurs Sexual Harassment Legal Defense Fund. When we saw the launch of Time’s Up and the Time’s Up Legal Defense Fund, we decided to financially support this activity and try to create a sub-group for the tech industry. As a starting point, Foundry Group is contributing $100,000 to the Time’s Up Legal Defense Fund and Anchor Point Foundation is contributing $100,000.

In addition, we are reaching out to VCs and Angel Investors that we know to see if they will join in our effort. If you are a VC or Angel Investor who wants to financially support this effort, please This email address is being protected from spambots. You need JavaScript enabled to view it.. And, if you are an individual who wants to directly support the Time’s Up Legal Defense Fund, please do so on the Time’s Up GoFundMe page.

Finally, for some inspiration, watch Oprah Winfrey’s powerful speech at the 2018 Golden Globe Awards.

Also published on Medium.

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Original author: Brad Feld

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