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Archivo del Autor: Belen De Leon

Cloudflare CEO Matthew Prince is coming to Disrupt Berlin

Back in 2010, the web performance and security company Cloudflare launched in the TechCrunch Disrupt SF Battlefield competition. The company came in second. Earlier this year, Cloudflare IPOed. To talk about this journey, Cloudflare CEO Matt Prince will join us on the main stage at Disrupt Berlin on December 12. He’ll also participate in a panel about building successful SaaS companies on the Extra Crunch stage, together with Red Point’s Laura Urquizo and Point Nine Capital’s Christoph Janz.

Cloudflare IPOed successfully in September, with its stock rising about 20 percent that day and topping out at just under $21 a few days later. Since then, though, the stock has seen its ups and downs. In our chat, we’ll talk about how a CEO should handle this, whether it opens up Cloudflare to be an acquisition target for a larger company, and his plans for the future of the company. An IPO is only the beginning of a company’s story, after all.

Besides the company’s journey to an IPO — and what comes next, there’s plenty of other things to talk about with Prince. These days, after all, a large percentage of the web’s traffic flow through Cloudflare’s servers. That makes it a valuable company but also open to criticism because, without its protection for DDoS attacks, any site can easily be taken down by an attacker. The company’s general stance has always been to protect free speech — and hence any website — from attacks. Over the course of the last few years, it did decide to ban forums like 8chan from its platform, however. At the time, Prince said that “no one should have that power” to do so.

Buy your ticket to Disrupt Berlin to listen to this discussion and many others. The conference will take place on December 11-12.

In addition to panels and fireside chats, like this one, new startups will participate in the Startup Battlefield to compete for the highly coveted Battlefield Cup.

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Source: TechCrunch

Indian scooter rental startup Bounce raises $150M

Big bucks are pouring to get you through the chaotic traffic on Indian roads.

Bounce, a Bangalore-based startup that operates over 17,000 electric and gasoline scooters in three dozen cities in India, has raised about $150 million as part of an ongoing financing round led by existing investors Eduardo Saverin’s B Capital and Accel Partners India, two sources familiar with the matter told TechCrunch.

The new financing round, dubbed Series D, values the startup “well over $500 million,â€� the people said, requesting anonymity. This is a significant increase since the year-old startup’s Series C financing round, which closed in June, when it was worth a little over $200 million.

A spokesperson of Bounce declined to comment.

Bounce, formerly known as Metro Bikes, allows customers to rent a scooter for as little as Rs 1 (0.1 cents) per km and Rs 1.5 per hour. Once the ride has been completed, customers can drop the scooter at any nearby parking spot.

The startup, which had raised $92 million prior to the new financing round, said last month that it has amassed 2.1 million customers.

The affordability of these rides is one of the selling points for smart electric and gasoline bikes in India. The other perk is the increasingly growing realization that two wheels warp through much faster in crowded traffic than four.

In this way, smart scooters are posing a challenge to Ola and Uber, both of which have invested billions of dollars to populate more than 100 cities with hundreds of thousands of cabs. In an interview with the New York Times, Bounce co-founder and chief executive Vivekananda Hallekere said earlier that “traditional� model of Uber and Ola is reaching its limits.

“You can’t make it affordable with a driver,� Hallekere told the Times. “And if users know how to use a scooter, why do you need a driver?�

Both Ola and Uber have noticed.

Bounce competes with a handful of local players including Vogo, which is heavily backed by ride-hailing giant Ola, and Yulu, which maintains a partnership with Uber and closed an $8 million Series A funding this week.

Hallekere told TechCrunch in an interview earlier this year that Bounce, which currently offers IoT hardware and design for the scooters, is working on building its own form factor for scooters.

India is the world’s largest market for two-wheelers. According to industry estimates, more than 200 million people have a license to ride a two-wheeler vehicle in the country. And about 20 million new motorcycles and scooters are sold in the nation each year.


Source: TechCrunch

This debut venture firm, backed by an Argentine conglomerate, is investing $60 million in far-flung U.S. startups

Nico Berardi considers himself to be a citizen of the world, with a penchant for travel and a wide range of interests. Unlike many other VCs, who’ve increasingly specialized as the market has grown more crowded, Berardi is nearly as wide-ranging in his approach to venture capital, too.

Somewhat counterintuitively, it’s paying off. At least, Berardi’s venture firm, Animo Ventures, has been investing a $60 million debut vehicle since closing it in July of last year.

It’s an impressive, surprising, amount for someone raising a fund for the first time, but then, Berardi’s trajectory into the world of venture capital hasn’t been completely straightforward, either. To wit, Berardi grew up in Argentina, where his professional life began at a community-focused nonprofit Techo, a kind of Habitat for Humanity focused on Latin America. He was so good at his development job, in fact, that he was moved to Miami as the CEO of Techo’s U.S operations.

It was there, over his six year career with the organization, that he was first introduced to the world of investing. Specifically, encouraged by several board members who were angel investors — and aided by some backing from the Knight Foundation — Berardi left the nonprofit world in 2014 to launch a still-active angel investor group called Miami Angels that funnels around $3.5 million into roughly 10 local companies each year.

In quick succession, he then applied to and was accepted into the tuition-based Kauffman Fellows Program, fell in love with a medical student in Boston, and headed to Harvard Business School to be closer to her, spending his summers with the Boston and San Francisco-based early-stage venture firm Resolute Ventures.

He imagined he’d land in San Francisco afterward, to work with Resolute. But when that medical student — now his wife — wound up landing a job back in Miami, he headed there instead and decided to launch his own venture firm. Enter Animo, a Latin word that means with intention or purpose and also, notes Bernardi, “sounds international.”

The latter matters because while Berardi is the sole general partner of the firm, he’s running it with two colleagues, neither of whom lives in the U.S. One of these is partner Antonio Osio, a native Mexican who was running his own firm, Capital Invent, when he first met Berardi through Kauffman Fellows. (“I poached him,” says Berardi.) They also have an operations partner in Caro Acevedo, who worked with Berardi as his COO at Techo and who still lives in Argentina.

As for the money, Berardi says it “mostly comes from Latin America and Europe,” including from anchor investor Techint. It’s a 60,000-person Argentine conglomerate that owns steel, construction, oil, gas, and healthcare businesses around the world and whose CEO, Paulo Rocco, sees Animo as a way to put the company’s resources into new materials sciences, manufacturing technology, and machine learning startups, says Berardi.

“We want to make a dent in the universe, and there aren’t a lot of Latinx investors around and we want to carry that flag,” he offers.

To date, Animo has announced 12 deals, all in the U.S., including six investments in New York and six others in other places, including Scottsdale, Az.; Toronto, Ontario; Miami; and Richmond, Va.

Notably, Animo does not have plans to invest in Latin American companies, though it has backed a number of Latin American founders in the U.S. “I think every investor has their own set of biases,” says Berardi. “Our diversity numbers point in that way, but it hasn’t been a conscious effort. That’s just who we are.” He suggests that a much bigger focus for the firm is using its connections in “tier one ecosystems” like San Francisco and New York to “help [founders] outside the bubble enter it.”

Berardi does say there are a few things Animo won’t consider. “We stay away from FDA-regulated stuff because we don’t understand it well enough and therefore can’t be useful.” Mostly, however, he’s open to anyone and everyone who appreciates hard work, he suggests. “We’re younger, we’re hungry. We work 100-hour weeks and travel like crazy people.”

To underscore his point, Berardi tells a story about Intello, a SaaS operations platform that helps companies manage their SaaS spend, usage and compliance data and an Animo portfolio company. The startup had rented a booth at a conference organized by Okta, the publicly traded identity and access management company. “They didn’t have enough people to man the booth,” says Berardi, “and I was in town, so I was like, ‘I’ll man the booth with you in a cloud suit.’ They thought I was joking and I made an idiot of myself, but it drew a lot of people to the booth.”

Pictured above from left to right, Animo founders Nico Berardi, Caro Acevedo, and Antonio Osio.


Source: TechCrunch

The MacBook Air costs less than an iPad Pro for Amazon Black Friday

Looking for a MacBook Air or iPad Pro this Black Friday? Amazon has them both on sale right now for similar prices.
Source: Digital trends

You can take my Dad’s tweets over my dead body

Editor’s note: Drew is a geek who first worked at AOL when he was 16 years old and went on to become a senior writer at TechCrunch. He is now the VP of Communications for venture equity fund Scaleworks.

There are a few ways that people use Twitter, but for the most part the ones who have pushed the social platform into the national lexicon are regular users who like to communicate with each other using the thing. They’re the ones who use it a lot. They’re the ones who make Twitter go.

Now, mind you, I’m an extreme case. I share a lot. I’ve shared my cancer diagnoses, my stem cell treatment, new jobs, my wedding. And the loss of my father Barry.

Today, Twitter announced that it will reclaim dormant accounts. That is, if you haven’t logged into yours for a long time, it is considered inactive and will be included in the reclamation process.

At first I thought that was pretty cool. There are a ton of accounts that get squatted on, forcing new users to use crappy AOL-like names, such as Joe583822. No fun at all. And these accounts aren’t even in use! As in not active.

No big deal.

But then I saw this:

My heart sank. And I cried. You see, I didn’t think about this. It is a big deal.

My father’s Twitter account isn’t active. He passed away over four years ago. My Dad was a casual tweeter at best. He mostly used it because I, well, overused it. And it was charming. Once in a while he’d chime in with a zinger of a tweet and I’d share it humbly with the folks who kindly follow me.

He got a kick out of that, and so did I. I still do. I still read his tweets, and from time to time I still share them with you. It’s my way, odd or not, of remembering him. Keeping his spirit alive. His tweets are timestamped moments that he shared with the world.

And Twitter is sweeping them up like crumpled-up paper and junk in a dustbin.

Surely, my father isn’t the only person who has passed away and left a Twitter account unkept — or, as the company puts it, “inactive.” I can think of a few others. And I get even more upset at the thought of their thoughts disappearing. I might not remember everyone we’ve lost, but not being able to recall something they’ve said or shared in the past is depressing.

When people ask me why I use Twitter so much, it’s mostly because I see the platform as a living organism. It’s not perfect. In fact, it’s awful sometimes. Lately, a lot of times.

During events and during holidays it’s almost as if that tiny little app on my phone has a pulse. And a heart. Because of course it does: It’s full of human beings with feelings and real thoughts. That’s what makes Twitter Twitter.

And just because someone’s pulse no longer beats doesn’t mean their thoughts no longer matter.

I sincerely hope that Twitter didn’t think about this first and reverse course. Perhaps they’ll offer a way to memorialize an account. I don’t have my dad’s login. I can’t “wake up� his account to keep it safe. I am truly sad at the thought of losing some of his quirky nerdy tweets.

Especially this one:

My dad thought I was the only person on the damn site and I never corrected him or schooled him on Twitter. He used it the way he wanted to, and that reminds me of the person he was. If you take that away from me, then what is Twitter anyway?

Facebook allows you to memorialize someone’s page and that’s pretty great. Unfortunately, my father’s page was deactivated and deleted without my having been consulted. By the time I realized it was gone, Facebook told me there was nothing it could do. It was really traumatizing for me and my other family members. So many interactions there, thoughts, smiles. A timeline. No, a time capsule.

Just gone. Like my dad.

Big tech companies are good at a lot of things, but what they seem to lack is collective empathy and heart. When humans use the things you build and you stop treating them like humans, but rather like bits and bytes and revenue dollars, you’ve given your soul away. And maybe it’s just me getting older, but I’ve had about enough of it.

To quote the late great Barry Olanoff:

Think about it, Twitter. Do better. Because every time you make me question your humanity, I’m one step closer to not being that whale of a user that helped get you here in the first place.


Source: TechCrunch

How to use Cortana

Cortana, Microsoft’s digital voice assistant, is one of the biggest additions to Windows 10. Like Siri on the iPhone, Cortana gives you access to all sorts of different hands-free features. Here’s a handy guide on how to set up and use Cortana, train it to know your voice, and customize it to your liking.
Source: Digital trends

The Guy Behind Bloomberg2020.org: ‘We Know How to Do Logos’

When an ad exec snagged a key election domain, he shared the news with just one other person: ex-White House communications chief Anthony Scaramucci.
Source: Wired

Netflix leases New York’s Paris Theatre

Netflix is expanding its theatrical presence by signing a long-term lease for The Paris Theatre, a historic single-screen venue in New York City.

This follows reports that Netflix is also working to buy the Egyptian Theatre in Los Angeles. And while these might seem like odd moves for a streaming company, they may also be necessary if Netflix wants to continue working with high-profile filmmakers like Martin Scorsese and Noah Baumbach.

After all, although Scorsese’s latest film “The Irishman” and Baumbach’s “Marriage Story” are both playing in theaters, they’re appearing on a limited number of screens.

In the case of “The Irishman,” Netflix reportedly hoped for a bigger rollout but failed to get the major theatrical chains on-board because the company would only wait four weeks (shorter than the traditional window of theatrical exclusivity) before launching the movie online.

Despite its deep pockets, Netflix’s theatrical challenges could dissuade other Scorsese-caliber filmmakers from signing with the service, particularly if the issue hurts the chances that “The Irishman” and “Marriage Story” (and last year’s “Roma,” which won three Oscars but lost out for Best Picture) will be able to win major awards.

So by buying or leasing theaters of its own, Netflix can ensure that its films will get the cachet of a big-screen release. It can also host glitzy premieres and other events.

As for the Paris Theatre, it opened in 1948, and reopened earlier this month to screen “Marriage Story.” (By the way: I highly recommend seeing “Marriage Story” on the big screen — I’ve already done so twice.)

“After 71 years, the Paris Theatre has an enduring legacy, and remains the destination for a one-of-a kind movie-going experience,� said Chief Content Officer Ted Sarandos in a statement. “We are incredibly proud to preserve this historic New York institution so it can continue to be a cinematic home for film lovers.�


Source: TechCrunch

Report alleges Amazon worked with Indiana to downplay warehouse worker’s death and safety concerns

It’s strange that no matter how hard Amazon denies that its warehouses are terrible, dangerous places to work, the reports to that effect just keep coming out. Not only that, but now a whistleblower alleges the company worked with Indiana officials to erase a workplace safety violation that cost a man his life.

Reveal News reports the whistleblower’s account of Phillip Lee Terry’s death in 2017 and the subsequent efforts to shift blame from Amazon to the deceased. The full report is worth reading; it implicates Amazon, the head of Indiana’s Occupational Safety and Health Administration (OSHA), and even the governor.

The short version is this: Terry died on the job in a forklift accident. An investigation conducted by the whistleblower, John Stallone, found that Amazon had failed to provide adequate safety training. Citations were issued and $28,000 in fines proposed. But Stallone’s boss, IOSHA’s director, directly contacted Amazon and discussed how they might reduce those fines and place the blame on Terry.

Stallone knows this because he was in the room and recorded the conversation, which Reveal News listened to. Amazon told TechCrunch that it “worked directly with [IOSHA] during the inspection and in follow-up discussions to provide Mr. Terry’s training records.” When I asked directly whether the company disputed Stallone’s account of the call, the representative suggested I contact the Indiana state government instead.

A few days later, Stallone said, he was called into the office of Indiana’s Labor Commissioner, Rick Ruble, and found the governor, Eric Holcomb, there as well. He was told to stop pursuing the case, according to Stallone’s account, because of — you guessed it — Indiana’s aspirations to host Amazon’s HQ2.

Stallone soon quit, and a year later, the fines were reversed and all four safety violations were struck from the record. Instead it is listed as an “unpreventable employee misconduct,” meaning Terry was legally responsible for his own death — counter to the conclusions of the investigation, which had Terry’s coworker on the record stating Amazon had failed to provide proper training.

Governor Holcomb retaliated with a statement denying any involvement with a Labor Department case, denying he ever had the meeting Stallone describes, called the allegations “fabricated” and the report “irresponsible and deliberately misleading… heinous lies.”

It’s hard to imagine why Stallone would fabricate such a meeting, when other efforts by state officials to quash these violations and fines are on record. It has not yet been shown beyond the two competing claims whether the meeting indeed took place, but presumably it was informal anyway, which provides the governor plausible deniability.

This would all be harder to believe if we hadn’t seen the frenzy of servility Amazon’s HQ2 announcement provoked nationwide. Or if the allegations of poor working conditions at Amazon warehouses hadn’t continued to pile up in the meantime. Reveal’s investigations related to the whistleblower’s case show an alarmingly high number of injuries at Amazon’s facilities.

In a statement, Amazon said that it takes “an aggressive stance on recording injuries no matter how big or small,” leading to higher numbers than other, similar work environments. As usual, workers at the warehouses dispute Amazon’s account, recalling systematic efforts to under-report and increases in injuries coming from automation.

One thing is certain: Ordering from Amazon during the holidays adds pressure to a warehouse system that by many accounts is already operating at superhuman levels — with very human costs. Perhaps shopping local is a better move this year.


Source: TechCrunch

Cómo acabar con los algoritmos sexistas que conceden créditos

Goldman Sachs está siendo investigada por discriminación de género tras una reciente polémica con Apple Card, pero la compañía alega que no tiene en cuenta el sexo para determinar la solvencia crediticia de un cliente. Las investigaciones sugieren que en realidad incluir ese criterio mitigaría el sesgo algorítmico
Source: MIT

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