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Archivo del Autor: Belen De Leon

Netflix's Next Gen is actually a cautionary tale about phone addiction – CNET

Spoiler-free review: Hang on, isn’t the movie actually about robots?
Source: CNET

Chipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisition

Japan-based semiconductor firm Renesas — one of the world’s largest supplier of chips for the automotive industry — is scooping up U.S. chip company IDT in a $6.7 billion deal that increases its focus on self-driving technology.

Renesas produces microprocessor and circuits that power devices, and automotive is its core focus. It is second only to NXP on supply, and more than half of its revenue comes from automotive. IDT, meanwhile, includes power management and memory among its products, which focus on wireless networks and the converting and storing of data. Those are two areas that are increasingly important with the growth of connected devices and particularly vehicles which demand high levels of data streaming and interaction.

The acquisition of IDT — which is being made a 29.5 percent on its share price — is set to expand Renesas’ expertise on autonomous vehicles. The firm said it would also broaden its business into the “data economy” space, such as robotics, data centers and other types of connected devices.

Renesas has already demoed self-driving car tech, which puts it into direct competition with the likes of Intel . Last year, the firm paid $3.2 billion to buy up Intersil, which develops technology for controlling battery voltage in hybrid and electric vehicles, and IDT deal pushes it further in that direction.

“There’s little overlap between their product portfolios, so it’s a strategically sound move for Renesas. But it does seem like the price is a little high,” said Bloomberg analyst Masahiro Wakasugi.

The IDT deal has been on the table for a couple of weeks after Renesas first revealed its interest in an acquisition last month. It is expected to close in the first half of 2019 following relevant approvals.


Source: TechCrunch

Apple Pay, Google Pay support arrives at 7-Eleven stores – CNET

Slurpee heaven just got a little easier.
Source: CNET

The 22 best games on PlayStation 4 – CNET

So you finally picked up a PS4? Here are the games you need to pick up!
Source: CNET

Apple just signed deals for two movies. They star wolves and elephants – CNET

The films are the first to be acquired by Apple’s worldwide video team.
Source: CNET

Investors are waking up to the emotional struggle of startup founders

As the Gartner Hype Curve goes, from the peak of inflated expectations to the trough of disillusionment, so goes the founder’s emotional journey.

Most founders hit the trough sooner or later, the proverbial nadir of their startup life.

The company’s business model undergoes the dreaded pivot. Teams dissipate and the foundation starts to fall apart. Startups die. Investors cut their losses and move on to the rosier pastures of their portfolio.

And what is often left is a depressed broken founder, dealing with the consequences of ‘crushing it’. But too often, its the founders psyche that gets crushed. Not much can be done about it but that’s changing.

Gartner Hype Curve: No emotional support needed

Several venture capitalists have now stepped in to address this challenge. The Felicis Ventures pledge to set 1% of investments aside to support founders development is a start. Brad Feld has been writing about his journey for years. Former investor Jerry Colonna founded Reboot to find a way to help founders establish their own path of radical self inquiry.

When I reached Jerry to discuss founders emotional challenges, he invoked the compassionate kindness of a zen monk who has been dealing with wayward children for way too long. “A lot can be done but we need to start with changing the language around this subject,” he said.

From depression to dark angels

A prominent VC told me that “we are a blend of the dark and the light’ and we need to respect both parts. I was not quite sure what he meant till I dug around and found the works of Carl Gustav Jung. Jung describes these are forces inside us – the light being the benevolent and the dark forces of greed, arrogance, self-delusion and hubris.

Jung pointed out that “the word “happy” would lose its meaning if it were not balanced by sadness.” As we are forced to face our dark side, we begin to come to terms with our challenges. And it’s only then we can build our own compassion.

Those who have experienced the dark nights are able to emotionally empathize with founders, and help them become resilient. Just as a founder who has taken a company public can help a startup scale their business. Because Jung correctly said that “Knowing your own darkness is the best method for dealing with the darknesses of other people.”

 

This man of matter ……rose up too far in the world….(image and caption by Carl Jung. Source: “The Red Book”, circa 1930)

When we start to change the language around this subject, it can become safer and easier for founders to discuss their situation. Instead of saying “I am depressed” a different way could yet be “I’m facing dark times”. The goal is to not trivialize the magnitude of the problem, but to make it gentler in self expression and social acceptance. We are too sold on sunshine, but that’s only half of the equation.

With co-author (and friend) Brad Feld’s guidance, I am working on my third book tentatively titled “Depression: A Founders Companion” and am looking at ways of how (a) founders reflect and identify their dark nights (b) how founders endure these times and (c) how can society respond and serve them when they are at their emotional nadir.

Only if we understand these issues can we can serve each other well. If you know any founders who can share their anonymized insights with dark nights, please request them to fill this survey. It will take less than 10 minutes and can help us to collectively address these challenges.

So far, several founders have shared that the primary cause of concern is social stigma. VCs will abandon the investment, team members will see the CEO as a weak person or worse, they will try to behave differently. Even if someone musters up the courage to discuss their mental health, we as a society do not know how to handle this information. We run, hide or escape.

Often, we try to cheer up people with lame sentences or hijack the conversations by discussing our own stories. (Hint: Neither of these are effective). Not only do we need a new language, we need a new social framework. In this case, the overused VC cliche of “how can I help” is like a doctor asking the wounded patient, “so how can I treat you today”. I’ll let you guess how effective that approach can be.

Feel those feels – be vulnerable

Catherine Shu wrote in a post  that asking for help when you are depressed is one of the bravest things you can do. Asking for help makes you vulnerable, but it does not mean you are weak. It does not mean you are deficient.

Brad Feld writes that  “I encourage you to let yourself feel the emotions you are feeling.”

It’s a line his wife Amy uses with him all the time: “Brad, feel your emotions. Don’t suppress them. Just feel them. Process them. And then reflect on what you are feeling. Any, more importantly, explore why you felt them. It’s probably uncomfortable. But it’s part of being human. And, while tragic, we can learn from it to help ourselves, and help others.”

And Sam Altman, the former head of Y Combinator  has weighed in on the subject, writing:

“… a lot of founders end up pretty depressed at one point or another, and they generally don’t talk to anyone about it.  Often companies don’t survive these dark times.

Failing sucks—there is no way to sugarcoat that.  But startups are not life-and-death matters—it’s just work.

Most of the founders I know have had seriously dark times, and usually felt like there was no one they could turn to.  For whatever it’s worth, you’re not alone, and you shouldn’t be ashamed.

You’ll be surprised how much better you feel just by talking to people about the struggles you’re facing instead of saying “we’re crushing it”.  You’ll also be surprised how much you find other founders are willing to listen.”

These struggles are not unique, but they are individual. That said, the best way to overcome them is as a community and these early steps from investors should go a long way toward building that community.


Source: TechCrunch

Sorry, Halo 5 is still not coming to Windows PCs – CNET

Analysis: It’s time for Master Chief to return to Windows, but it sounds like Halo 5 won’t be first out of the gate.
Source: CNET

The basics of Call of Duty: Black Ops 4's Blackout battle royale mode – CNET

We’re not exactly racking up victories, but here’s how Call of Duty’s take on battle royale works for those just coming to the game mode.
Source: CNET

Apple and Google Pay are finally coming to 7-Eleven this month

Sure, 7-Eleven’s never been particularly well-known for being on the bleeding edge — expect, perhaps, in its quest to push the boundaries of human beverage consumption. Still, the Japanese-owned convenience mega-chain has been notably slow on the uptake of mobile payment technology.

The company announced today that it will finally be bringing Apple Pay and Google Pay to “most” of its U.S. stores, starting this month. Interestingly, Samsung beat its two major competitors to the Slurpee slinger — likely the two companies reached some sort of mutually beneficial exclusivity agreement to help push the Galaxy maker’s payment system.

CEO Tim Cook announced earlier this summer that arrival at 7-Elevens was imminent, along with the CVS pharmacy chain. The addition of the payment options should go a ways toward helping mainstream this manner of mobile payment among many users. The company has more than 66,000 locations in 17 countries. The U.S. currently makes up about 14 percent of that market.

But where mobile payments have been associated with higher-scale retail outlets, the addition of a chain like 7-Eleven represents a more populous outreach among the more than three-quarters of Americans who currently own smartphones.


Source: TechCrunch

Instacart’s chief growth officer Elliot Shmukler is leaving

Elliot Shmukler, who joined Instacart in 2016 to lead product, is leaving the company to pursue early-stage investments, TechCrunch has learned — and confirmed with the grocery delivery service. 

Shmukler was brought on as the company’s VP of product, but he’d recently transitioned into a new role, chief growth officer, before announcing his departure to staff. 

A spokesperson from Instacart told TechCrunch that Shmukler confirmed his plans a month ago and outlined his second act as a private investor. Instacart did not say whether Shmukler was joining an investment firm in an official capacity or if he planned to make angel investments.

Shmukler is still with the company today and will stick around to help with the transition. Instacart did not provide an official timeline of his departure. Moving forward, Shmukler’s employees will report to the company’s chief product officer David Hahn, who joined in May after serving as the VP of product at LinkedIn

At Instacart, Shmukler led the product management, design, marketing and catalog management teams. According to his LinkedIn profile, he helped expand the company’s subscription delivery program, called Instagram Express. He helped transform Instacart’s geographic expansion strategy, which resulted in the company making its service available to 70 percent of U.S. families as of August. And he spearheaded several of the brand’s key grocery partnerships, including with Kroger, Albertsons and ALBI.

Shmukler joined Instacart after three and a half years at Wealthfront, a financial planning startup where he was VP of product and growth. Before that, he held senior product roles at LinkedIn and eBay.

Led by founder and CEO Apoorva Mehta, Instacart is backed by Sequoia, Kleiner Perkins, Andreessen Horowitz and others. Having raised $350 million at a $4.3 billion valuation this year alone, an initial public offering is probably not in the cards just yet. For now, the company has to prepare for the long and hard battle ahead with the seemingly unstoppable duo that is Amazon and Whole Foods.


Source: TechCrunch

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