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Archivos mensuales:junio 2018

Apple WWDC 2018: Here's What to Expect

The Worldwide Developers Conference kicks off on Monday, which means an avalanche of news from Apple.
Source: Wired

How San Quentin Inmates Built JOLT, a Search Engine for Prison

After learning to code from nonprofit The Last Mile, four inmates built JOLT, a search engine to help further their studies.
Source: Wired

Duck, cover, and reboot your router? Why the FBI’s new warning is no joke

The FBI has discovered up to 500,000 home or office routers could be vulnerable to a dangerous cyberattack. It sounds like an easy solution, but can resetting a router really stop a major cyberattack?

The post Duck, cover, and reboot your router? Why the FBI’s new warning is no joke appeared first on Digital Trends.

Source: Digital trends

SV Angel says it won’t be raising another fund from outside investors

SV Angel, the seed-stage investment firm, announced today that it’s getting out of the traditional venture business. At least, said the firm, going forward, its founders, meaning famous angel investor Ron Conway and his son Topher, will be investing their own money in startups.

In a follow-up email exchange with TechCrunch, Topher Conway explained that several of the firm’s most recent checks, including to the chatbot startup Hugging Face, the hormone-testing company Modern Fertility, and to the electric skateboard company Boosted Boards, came from SV Angel’s existing, outside-investor-backed funds. He added that those existing funds will now no longer make new investments, but that SV Angel will continue to invest in follow-on rounds in its existing portfolio companies.

The outfit had closed its last fund with $53 million in late 2016. It will now part ways with partners Brian Pokorny, Kevin Carter and Robert Pollak, who it says will remain advisors to SV Angel.

Meanwhile, Ron and Topher Conway will be writing smaller initial checks than they have in recent years — $25,000 to $100,000, says their post —  to “align” themselves better with the “thousands of firms and individuals” who are now investing in seed rounds.

As SV Angel hints at in its new post (and has come up increasingly in our discussions with seed-stage investors), it has grown challenging for  any one outfit to write big checks to the most promising seed-stage companies. There’s simply too much money sloshing around.

SV and its outside investors may also have simply grown wary, with the small outfit going through several iterations over time, some of them more challenging than others.

To wit, when SV Angel was established nine years ago, Conway teamed up with former Googler David Lee, who’d helped lead certain aspects of the search giant’s business development and seemingly took over management of SV Angel with Conway’s blessing.

Soon, it was Conway; Lee; Brian Pokorny, himself a former Googler who’d also worked with Lee at Baseline Ventures for a spell; and one of Conway’s sons, Topher.

Pokorny left SV Angel in 2010 to head up a startup, returning in 2013. In the meantime, despite a growing collection of enviable stakes — including Airbnb, Snap, and Pinterest — not all was well inside SV Angel. Lee and Conway were instead moving toward an acrimonious split that eventually led to a breach-of-contract lawsuit that was filed last seven months ago in which Lee alleged that Conway was withholding millions of dollars from him.

Conway denied the allegations and said he would “vigorously defend” against Lee’s “meritless claims.” No court filings have appeared since, but one can imagine the whole thing leaving a bad taste with the Conways, not to mention outside investors, eager as they may to continue funding tech startups.

Lee, in fact, today runs an L.A.-based seed-stage outfit called Refactor Capital that closed its debut fund with $50 million last year.

Either way, SV Angel’s newest move is, in large part, a return to Conway’s roots. Dating back to 1998, Ron Conway used to write checks, largely on his own behalf, including making early investments in Google and PayPal that established his early reputation as an investor with all the right connections.

There’s a sort of symmetry in the firm’s return to a family business now.

Source: TechCrunch

Twitter memes dunk all over JR Smith's blunder in NBA Finals – CNET

Instead of taking a shot, he dribbled away from the basket as time ran out, and the Cleveland Cavaliers lost in overtime.
Source: CNET

Mobike losing its bikes to Mexico's drug dealers, report says – CNET

Residents in a Mexican neighbourhood told Reuters thieves are stealing the orange two-wheelers to move drugs.
Source: CNET

China’s AI-powered CCTV camera makers just got $1.6 billion in funding – CNET

Look out.
Source: CNET

Your Bachelorette bracket cheat sheet – CNET

The highlight reel for this season shows Bachelorette brackets are going to be tough this year. Here are my predictions to ensure you win.
Source: CNET

Headphones maker Monster files for $300 million ICO – CNET

The former maker of Beats headphones wants to develop an Ethereum-based e-commerce platform.
Source: CNET

New episodes Unbreakable Kimmy Schmidt arrive – CNET

Netflix has made the move to split the fourth season up with the first six episodes online now. The second half will land later this year.
Source: CNET