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Shopify has produced a lot of wealth, turning former employees into founders and investors

5 years 4 months ago
Last month, Jean-Michel Lemieux, the chief technology officer of Shopify, and the company’s chief talent officer, Brittany Forsyth, both announced that they are stepping down from their roles. Chief legal officer Joe Frasca is also set to leave the e-commerce giant, with all three ending their tenures next month. In their next chapters, all seem keen […]
Connie Loizos

Pinterest to test livestreamed events this month with 21 creators

5 years 4 months ago
Pinterest is expanding into live events. The company is planning to host a three-day virtual event that will feature livestreamed sessions from top creators, including big names like Jonathan Van Ness and Rebecca Minkoff, among others. The virtual event will run inside the Pinterest app from May 24th through May 25th, and will serve as […]
Sarah Perez

Is there a creed in venture capital?

5 years 4 months ago
When faced with shifting terms, I apply four basic principles to frame my approach. First: avoid any escalation that endangers the overall success of the enterprise.
Walter Thompson

PayPal acquires returns logistics business, Happy Returns

5 years 4 months ago
PayPal announced today it’s acquiring Happy Returns, a returns solution provider that offers online shoppers access to easier ways to send back unwanted merchandise to retailers without having to box it up and ship it themselves. The company today offers a network of more than 2,600 drop-off returns locations in the U.S., including those in […]
Sarah Perez

China’s autonomous vehicle startups AutoX, Momenta and WeRide are coming to TC Sessions: Mobility 2021

5 years 4 months ago
As the autonomous vehicle industry in the United States marches toward consolidation, a funding spree continues to exhilarate China’s robotaxi industry. Momenta, Pony.ai, WeRide and Didi’s autonomous vehicle arm have all raised hundreds of millions of dollars over the past year. And 21-year-old search engine giant Baidu competes alongside the startups with a $1.5 billion […]
Rita Liao

Google Analytics prepares for life after cookies

5 years 4 months ago
As consumer behavior and expectations around privacy have shifted — and operating systems and browsers have adapted to this — the age of cookies as a means of tracking user behavior is coming to an end. Few people will bemoan this, but advertisers and marketers rely on having insights into how their efforts translate into […]
Frederic Lardinois

These are the 25 companies presenting at Alchemist Accelerator’s 27th Demo Day today

5 years 4 months ago
Enterprise-focused Alchemist Accelerator is back with another one. Today marks its 27th Demo Day, with more than two dozen companies expected to take the (virtual) stage. Coming in at 25 companies, this is Alchemist’s largest cohort so far. Meanwhile, Alchemist Director Ravi Belani tells me that applications to the accelerator have grown by more than […]
Greg Kumparak

Busy day at VMware ended yesterday with Ragurham as CEO and COO Poonen exiting

5 years 4 months ago
They say for every door that opens another closes, and the executive shuffle at VMware is certainly proving that old chestnut true. Four months after Pat Gelsinger stepped down as CEO to return to run Intel, the virtual machine pioneer announced yesterday that long-time exec Raghu Raghuram was taking over that role. That set in […]
Ron Miller

Google Cloud Run gets committed use discounts and new security features

5 years 4 months ago
Cloud Run, Google Cloud’s serverless platform for containerized applications, is getting committed use discounts. Users who commit to spending a given amount on using Cloud Run for a year will get a 17% discount on the money they commit. The company offers a similar pre-commitment discount scheme for VM-based Compute Engine instances, as well as […]
Frederic Lardinois

Chef Robotics raises $7.7M to help automate kitchens

5 years 4 months ago
A year and a half’s worth of global pandemic has had a profound impact on virtually every sector of the workforce. When it comes to future automation, food prep isn’t quite at the top of the list (that distinction likely goes to warehouse fulfillment, for the time being), but it’s certainly up there. And it’s […]
Brian Heater

Legionfarm, pairing pro gamers with amateurs, raises $6 million Series A

5 years 4 months ago
Legionfarm, the gaming platform that lets gamers play with pro players in their favorite games, has today announced the close of a $6 million Series A round. Investors in the round include SVB, Y Combinator, Scrum VC, Kevin Lin, Altair Capital, Ankur Nagpal and more. Legionfarm launched out of Y Combinator at the beginning of […]
Jordan Crook

Short seller says Lemonade website bug exposed insurance customers’ account data

5 years 4 months ago
An activist short seller has written a letter to the chief executive of insurance giant Lemonade with details of an “accidentally discovered” security flaw that exposes customers’ account data. Carson Block, founder of investment research firm Muddy Waters Research, sent the letter to Lemonade co-founder and chief executive Daniel Schreiber on Thursday, describing the bug […]
Zack Whittaker

Sylvera grabs seed backing from Index to help close the accountability gap around carbon offsetting

5 years 4 months ago
UK-based startup Sylvera is using satellite, radar and lidar data-fuelled machine learning to bolster transparency around carbon offsetting projects in a bid to boost accountability and credibility — applying independent ratings to carbon offsetting projects. The ratings are based on proprietary data sets it’s developed in conjunction with scientists from research organisations including UCLA, the […]
Natasha Lomas

The fulfilling world of warehouse robotics

5 years 4 months ago
With the pandemic finish line in sight — at least for some — now is a good time to start assessing which segments have been most impacted by the events of the past year and a half. In terms of robotics, investments have been all over the place — and for good reasons. COVID-19 seems […]
Brian Heater

Framework’s repairable laptop is up for preorder, starting at $999

5 years 4 months ago
Repairability has been a big sticking point for consumer electronics over the past several years. As devices have gotten thinner — and companies have pushed to maintain control over proprietary systems — many devices have become near impossible for an every-day person to repair. It’s an issue for a number of reasons — not the […]
Brian Heater

SpecTrust raises millions to fight cybercrime with its no-code platform

5 years 4 months ago
Risk defense startup SpecTrust is emerging from stealth today with a $4.3 million seed raise and a public launch. Cyber Mentor Fund led the round, which also included participation from Rally Ventures, SignalFire, Dreamit Ventures and Legion Capital. SpecTrust aims to “fix the economics of fighting fraud” with a no-code platform that it says cuts […]
Mary Ann Azevedo
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