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Archivo del Autor: Belen De Leon

OnePlus 7 Pro review: The best Android phone value of 2019 – CNET

Forget the iPhone XR and Galaxy S10E — the OnePlus 7 Pro has a pop-up camera and it’s the best phone you can get for the money.
Source: CNET

Google revamping Shopping hub and will let you buy stuff through YouTube videos – CNET

The search giant made the announcements at its Google Marketing Live summit.
Source: CNET

Mazda will bring 143 more 30th Anniversary Miatas to the US – Roadshow

The first allotment of special-edition MX-5s sold out in just four hours.
Source: CNET

How to track 5G phone networks around the world – CNET

There’s a tool for that now.
Source: CNET

Why Amazon Is Giving Employees $10,000 to Quit

The retail giant needs more third-party delivery partners to bring packages to your door.
Source: Wired

Tram Bowling Is an Actual Sport. Let's Look at the Physics

Driving a tram into a ball such that it knocks down pins—tram bowling, naturally—raises some physics questions: What does the speed of the ball depend on? What’s its change in momentum?
Source: Wired

Daimler Plans to Make Its Cars Carbon Neutral by 2039

The carmaker’s new climate plan is bold—for a company. But it falls short of recommended emissions cuts and shows the limits of corporate self-policing.
Source: Wired

InnoVen Capital, one of Asia’s most prominent venture debt firms, adds $200M more to its kitty

Founders might not believe it, but managing a venture capital firm isn’t all that dissimilar to a startup. Case in point today: InnoVen Capital, one of Asia’s most prominent venture debt firms, has pulled in $200 million in new money to continue its expansion in the region.

The money comes from InnoVen’s two shareholders — Singapore sovereign fund Temasek and Singapore’s UOB — each of which has added $100 million in additional firepower for the fund, which is popularising debt-based financing within Asia’s startup ecosystems.

The organization came to be in 2015 when Temasek acquired the Indian ‘branch’ of Silicon Valley Bank expressly to offer differentiated financing to startups. The spinout was named InnoVen and it quickly expanded beyond India with the opening of an office in Singapore in 2016 and then an outpost in Beijing in early 2018.

The firm operates without a specific fund size unlike many other investors, but already there are some numbers to indicate its growing role in Asia.

That regional play is still in its early days, but already the business has deployed over $500 million in financing to more than 200 companies, according to Ashish Sharma, the former head of GE Capital India who leads InnoVen’s India business.

The fund operates at Series A and beyond and Sharma told TechCrunch that its investment levels have sped up over the past two to three years, thanks in particular to the addition of offices in Southeast Asia and China.

Recent deals from the fund have included investments in Moglix, Carsome, RedDoorz, Awfis and even a stealthy startup, Indonesia-based logistics venture Kargo which included debt within its first round of funding. Already, the Chinese arm has accrued 30 deals in a little over a year, and some of the biggest names backed across the region include Vision Fund company OYO and Naspers investments Swiggy, which recently raised $1 billion, and Byju’s.

Yet despite InnoVen’s increased profile, there remains confusion on the role of venture debt in Asia. Anecdotally, I’ve heard many misguided opinions from so-called venture capital-focused reporters — and not just in Asia — who see debt-based investment as a ‘last resort’ for companies. Its addition in a round is a tell-tell sign of a struggling business, they claim.

That’s completely wrong, according to InnoVen’s Sharma.

“It doesn’t come in from a position of weakness, that’s a big misconception,” he explained to TechCrunch in an interview. “In fact, venture debt is not available to companies which are in trouble. Most companies that raise venture debt do so from a position of strength.”

“They’ll say ‘We’re raising $100 million, let’s lay in $20 million of venture debt to optimize the dilution,’” Sharma added. “We’ve helped some very large companies use venture debt to get to the next level.”

Ashish Sharma leads InnoVen Capital’s business in India [Image via InnoVen Capital]

Ambitious growth story? Check.

A business that’s misunderstood by many? Check.

Who said running a VC firm isn’t like running a startup?


Source: TechCrunch

Spotify launches the Google Docs of podcasting – CNET

With things like audio editing that’s as simple as rearranging phrases in a transcript, Spotify’s Soundtrap for Storytellers wants to democratize podcasting.
Source: CNET

HP Omen X 2S gaming laptop sports a second screen – CNET

The spring updates to its enthusiast gaming laptops includes a small second touchscreen display for your stream viewing, chats and music.
Source: CNET

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