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Archivo del Autor: Belen De Leon

Trump: Twitter, Facebook, Google are colluding to silence conservatives – CNET

The president wants to “do something” about social media.
Source: CNET

The amazing TCL 6-series TV is back on sale: $820 at Amazon and Walmart – CNET

The 55-inch 55R617 costs just $570 at Amazon and Walmart, and Best Buy has deals, too.
Source: CNET

Why convertible notes are safer than SAFEs

As the saying goes, where you stand on an issue often rests on where you sit. Translated into startup law and finance, your views on how to approach fundraising are often heavily influenced by where your company and your investors are located. As a startup lawyer at Egan Nelson LLP (E/N), a leading boutique firm focused on tech markets outside of Silicon Valley — like Austin, Seattle, NYC, Denver, etc. — that’s the perspective I bring to this post. 

At a very high level, the three most common financing structures for startup seed rounds across the country are (i) equity, (ii) convertible notes and (iii) SAFEs. Others have come and gone, but never really achieved much traction. As to which one is appropriate for your company’s early funding, there’s no universal answer. It depends heavily on the context; not just of what the company’s own priorities and leverage are, but also the expectations and norms of the investors you plan to approach. Maintaining flexibility, and not getting bogged down by a rigid one-approach-fits-all mindset is important in that regard.

Here’s the TL;DR: When a client comes to me suggesting they might do a SAFE round, my first piece of advice is that a convertible note with a long maturity (three years) and low interest rate (like 2 percent or 3 percent) will give them functionally the same thing — while minimizing friction with more traditional investors.

Why? Read on for more details.

Convertible notes for smaller seed rounds

Convertible securities (convertible notes and SAFEs) are often favored, particularly for smaller rounds (less than $2 million), for their simplicity and speed to close. They defer a lot of the heavier terms and negotiation to a later date. The dominant convertible security (when equity is not being issued) across the country for seed funding is a convertible note, which is basically a debt instrument that is intended to convert into equity in the future when you close a larger round (usually a Series A). The note’s conversion economics are more favorable than what Series A investors pay, due to the greater risk the seed investors took on.


Source: TechCrunch

Apply to be a TC Top Pick at Disrupt San Francisco 2019

Savvy early-stage startup founders are making plans to attend our flagship event, Disrupt San Francisco 2019, on October 2-4 at Moscone North. It’s three jam-packed days of connection, inspiration and discovery that you don’t want to miss. But here’s a hot tip for founders who want to wring every drop of opportunity out of their time at Disrupt. Apply to be a TC Top Pick. It’s easy to do, and it’s free.

Earning our TC Top Picks designation is a highly competitive and curated process. TechCrunch editors will thoroughly review each application and select up to five standout startups in each of the following categories: AI/Machine Learning, Biotech/Healthtech, Blockchain, Fintech, Mobility, Privacy/Security, Retail/E-commerce, Robotics/IoT/Hardware, SaaS and Social Impact & Education.

All TC Top Picks receive a free Startup Alley Exhibition package, prime real estate in the Startup Alley exhibition hall and invitations to VIP events. You’ll also be interviewed by a TechCrunch editor on the Showcase stage. The Top Pick startups garner an intense amount of media and investor attention, which can take your business to the next level. But hey, don’t take our word for it. Take it from someone who experienced the value of applying to TC Top Picks firsthand.

Australia-based Sonder Designs earned a TC Top Pick designation at Disrupt SF 2018. The startup designed a keyboard — using E-Ink technology — and the keyboard’s display changes dynamically based on whatever application or language you use.

In five days, three of which included Disrupt, founder Francisco Serra-Martins reports they held 41 meetings with venture capitalists and 11 meetings with B2B customers. The company received more investor interest than it initially forecasted, which led them to increase the investment round size. They’re currently working on due diligence and closing a $2.2 million round.

Top Picks receive a lot of media attention — the gift that keeps on giving — and that invaluable exposure landed Serra-Martins on the Forbes 30 Under 30 list.

“Being a TC Top Pick at Disrupt San Francisco not only helped us close out an additional $1 million investment for our seed round, it was an incredible opportunity to highlight our technology to an international community and to engage with the San Francisco startup ecosystem,” said Serra-Martins.

That’s some serious ROI, amirite? Looking for more ways to get the most out of your Disrupt experience? Want to win $100,00 in equity-free cash? Apply to compete in Startup Battlefield, our epic startup pitch competition.

You have absolutely nothing to lose and everything to gain. Disrupt San Francisco 2019 takes place on October 2-4, and this is your chance to take your startup to a new level. Apply to our TC Top Pick program today.

Is your company interested in sponsoring or exhibiting at Disrupt SF? Contact our sponsorship sales team by filling out this form.


Source: TechCrunch

Cities are getting more serious about micromobility data

Gone are the days when cities and tech startups are constantly at odds with each other. Passport, a mobility management startup, has partnered with Charlotte, N.C., Detroit, MIch., and Omaha, Neb. to create a framework to apply parking principles, data analysis and more to the plethora of shared micromobility services.

“For many cities, the only option has been to impose bans, fees or permit systems intended to cap the number of scooters allowed on their streets,” Passport CEO Bob Youakim told TechCrunch via email. “While this allows cities to temporarily control scooter deployment, there are greater benefits to achieve by aligning with new mobility providers.”

With Passport, those cities will be able to easily analyze scooter usage, parking patterns and curb utilization. Passport also enables cities to implement real-time curbside pricing and payments and better manage scooter placement. The idea is that cities and mobility providers will work better together if there are economic incentives in place.

“Cities already have a well-established system for charging cars to park on the curb and this same solution should be applied to other modes of transportation,” Youakim said. “By charging scooters to park with usage-based pricing, cities can more effectively manage scooters in their communities and naturally balance supply and demand.”

Passport has also partnered with scooter operator Lime to research ways in which a system of flexible parking charges could replace scooter caps.

“This is a prime example of cities and Lime collaborating to both determine the right fleet size through data and jointly achieve mode shift, sustainability and accessibility objectives,” Lime Director of Transportation Partnerships said in a statement.

In Detroit, the city outlined its official pilot program last October, capping the number of scooters each company could deploy at 400. When the scooters first landed in Detroit, they were very concentrated in the greater downtown area, Detroit Chief of Mobility Innovation Mark de la Vergne told TechCrunch via email.

As part of this program, the hope is to continue to increase the availability of scooters in underserved areas, as well as better manage the supply and demand economics.

“I’m very interested to see how these cities can work together to develop a new business/regulatory model that can be scaled nationally,” he said.

Over in Charlotte, the hope is to learn more about how to implement dynamic pricing and encourage people to wear helmets.

“We will be evaluating how this partnership shapes transportation mobility in Charlotte as it relates to e-scooters,” Charlotte Department of Transportation Deputy Director Dan Gallagher said. “As a city we want to be able to provide our community with the best transportation network that provides access to jobs, education, transit and housing.”

 


Source: TechCrunch

Here’s how you’ll access Google’s Stadia cloud gaming service

Google isn’t launching a gaming console. The company is launching a service instead, Stadia. You’ll be able to run a game on a server and stream the video feed to your device. You won’t need to buy new hardware to access Stadia, but Stadia won’t be available on all devices from day one.

“With Google, your games will be immediately discoverable by 2 billion people on a Chrome browser, Chromebook, Chromecast, Pixel device. And we have plans to support more browsers and platforms over time,” Google CEO Sundar Pichai said shortly after opening the conference.

As you can see, the Chrome browser will be the main interface to access the service on a laptop or desktop computer. The company says that you’ll be able to play with your existing controller. So if you have a PlayStation 4, Xbox One or Nintendo Switch controller, that should work just fine. Google is also launching its own controller.

As expected, if you’re using a Chromecast with your TV, you’ll be able to turn it into a Stadia machine. Only the latest Chromecast supports Bluetooth, so let’s see if you’ll need a recent model to play with your existing controller. Google’s controller uses Wi-Fi so that should theoretically work with older Chromecast models.

On mobile, it sounds like Google isn’t going to roll out its service to all Android devices from day one. Stadia could be limited to Pixel phones and tablets at first. But there’s no reason Google would not ship Stadia to all Android devices later.

Interestingly, Google didn’t mention Apple devices at all. So if you have an iPhone or an iPad, don’t hold your breath. Apple doesn’t let third-party developers sell digital content in their apps without going through the App Store. This will create a challenge for Google.

Stadia isn’t available just yet. It’ll launch later this year. As you can see, there are many outstanding questions after the conference. Google is entering a new industry and it’s going to take some time to figure out the business model and the distribution model.


Source: TechCrunch

U.S. to build $500M exascale supercomputer aimed at boosting research by 2021

The U.S. Department of Energy has announced plans to build a $500 million exascale supercomputer by 2021. The project, known as the Aurora supercomputer, is expected to boost research efforts in fields such as public health.

The post U.S. to build $500M exascale supercomputer aimed at boosting research by 2021 appeared first on Digital Trends.


Source: Digital trends

HP’s New Reverb VR Headset Bumps Up the Resolution

The price has swelled too. The Reverb bundle will cost between $599 and $649 when it ships in late April.
Source: Wired

With Google Stadia, Gaming Dreams Head For the Cloud

The company this morning introduced Stadia, its new vision for anywhere, any-device gaming.
Source: Wired

The Deeper Education Issue Under the College Bribery Scandal

There’s a vast pool of talent out there. But they need access to courses that suit their learning style and schedules, according to Sebastian Thrun.
Source: Wired

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