The Salt Lake City-based Pelion Venture Partners is opening an outpost in Southern California and has added Jeff Kearl as a managing director to head up operations in the region. Kearl was the chief executive officer of Stance, a direct-to-consumer retailer selling socks and clothing basics, and has a long history of investing in startup…
Porsche introduced Monday the Taycan 4S, a third version of its all-electric vehicle. The 4S, which will offer a performance battery plus option, looks like the Taycan that Porsche unveiled in September. And indeed, inside all of the Taycans, including the 4S, are the same chassis and suspension, permanent magnet synchronous motors and other bits.…
Permitting falsehood in political advertising would work if we had a model democracy, but we don’t. Not only are candidates dishonest, but voters aren’t educated, and the media isn’t objective. And now, hyperlinks turn lies into donations and donations into louder lies. The checks don’t balance. What we face is a self-reinforcing disinformation dystopia. That’s…
Fortnite just blew up its entire map and all that’s left is a black hole. Some are speculating that this is simply a teaser for a new Fortnite map, but it’s unclear when that new map will arrive. On Epic Games’ status page, it says Fortnite is currently experiencing a minor service outage, noting “anomaly detected.”…
Part of Samsung’s reboot of the Galaxy Fold was the announcement of a Premiere Service. Along with a reinforced version of the phone and a lot more warning labels, the company announced that it would also be a 24/7 care service…just in case something happened with the device. I had some issues with my in…
During an event at the United Nations Delegates Dining Room in New York City, IBM unveiled the winners to its annual Call for Code Global Challenge. The competition, which is targeted at computing solutions for global problems, crowned five winners, ranging from first responders to health care info. Prometeo took the top price for its…
The Pixel 4 is set to be unveiled at an event on Tuesday. This much we know for sure. We know a bunch more, too, (as outlined in this rumor roundup from yesterday), thanks to both official reveals and unofficial leaks. How much of this was planned is hard to say, but Google seemingly doesn’t…
Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. I’ve been on a bit of a startup profile kick as of late. Last week, I was tired from Disrupt. Before…
Cryptocurrency’s bad news day continues to get worse as the U.S. Securities and Exchange Commission has said it has filed an emergency action and received a restraining order for the $1.7 billion planned token offering of Telegram’s blockchain. The move from the SEC follows the continued dissolution of the corporate alliance that was supporting Facebook’s…
Yesterday, we had a chance to talk with longtime venture investor Brad Feld of Foundry Group, whose book “Venture Deals” was recently republished for the fourth time for good reason. It’s a storehouse of knowledge, from how venture funds really work to term sheet terms, from negotiation tactics to how to choose (and pay for)…
