Instead of budget approvals, monitor key metrics and give managers more flexibility David Teten is an advisor to emerging investment managers and a Venture Partner with HOF Capital. He was previously a partner for 8 years with HOF Capital and ff Venture Capital. David writes regularly at teten.com and @dteten. More posts by this contributor…
Who could have guessed an adorable, big-eyed baby Star Wars alien would have generated a ton of demand for toys? Apparently not Disney, which today started to sell merchandise based on The Child from new Disney+ show The Mandalorian, commonly known as “Baby Yoda”. The shirts, bags, mugs, and phone cases all feel…forced, like Disney…
Coralogix, a startup that wants to bring automation and intelligence to logging, announced a $10 million Series A investment today. The round was led by Aleph with participation from StageOne Ventures, Janvest Capital Partners and 2B Angels. Today’s investment brings the total raised to $16.2 million, according to the company. CEO and co-founder Ariel Assaraf…
David Friend is the CEO of cloud storage company Wasabi, and co-founder of cyber security company Carbonite, recently bought for $1.4 billion. Wasabi is his sixth startup. There has been a mountain of press lately about how investors are souring on unprofitable unicorns. We’ve seen this movie before; for a while, it’s all about growth,…
Back in April at our robotics event at UC Berkeley, Boston Dynamics head Marc Raibert showed off video of the company’s Spot robot in a number of different real world scenarios. Some, like construction and first responders, were familiar to anyone who has been following the company — and automation in general. Another scenario, which…
In other news, Deadpool actor Ryan Reynolds has invested an undisclosed amount in a company selling prepaid phone plans called Mint Mobile. It all sounds like a weird sponsored Instagram post, but a source tells TechCrunch that Reynolds now owns more than 25% of the company with this recent investment. What he invested is thoroughly…
Scribd has raised $58 million in new funding led by growth firm Spectrum Equity. The company first launched as a document-sharing service in 2007 before creating an e-book subscription in 2013. It now offers access to a library of e-books, audiobooks, newspapers and magazines for $8.99 per month. (Access is unlimited for most subscribers, but…
Hyundai has signed a memorandum of understanding (MOU) with the city of Seoul to begin testing six autonomous vehicles on roads in the Gangnam district beginning next month, BusinessKorea reports. The arrangement specifies that six vehicles will begin testing on 23 roads in December. Looking ahead to 2021, there will be as many as 15…
A purported agent of the Chinese intelligence service is seeking asylum in Australia, bringing with him explosive allegations of widespread interference in political affairs in that country, Taiwan and elsewhere. He claims also to have run a cyberterrorism campaign against supporters of Hong Kong independence. Wang “William” Liqiang indicated to Australian news outlet The Age…
Tesla revealed its Cybertruck pickup last night, a SciFi-tastic wedge built from the same steel alloy that SpaceX is using for its Starship spaceship. Elon Musk spent about twenty minutes showing off the truck, with demos ranging from a game of tug-of-war against an F-150, to racing a Porsche, to a window strength test that…
