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Joe White MBE appointed new UK Consul-General in SF, with new Technology Envoy role

Joe White MBE — a general partner of Entrepreneur First, a Greylock-backed early-stage deep tech fund — is leaving after being appointed as Her Majesty’s Consul-General, San Francisco, and Technology Envoy to the United States in a new, combined and powerful, role for the U.K. government. One of the key figures from the last two decades of the tech industry in the U.K., most recently White has been co-chair of GBx, a curated network of British entrepreneurs; a non-executive director for the U.K....
Tags: Google, TC, Europe, UK, US, San Francisco, Tech, David Cameron, United States, Washington Dc, Silicon Valley, Biden, White, Brexit, Greylock, Entrepreneur First


Pave raises millions to bring transparency to startup compensation

Compensation within private venture-backed startups can be a confusing minefield that if unsuccessfully navigated can lead to inconsistent salaries and the kind of ambiguity that breeds an unhappy workforce. Pave, a San Francisco-based startup that recently graduated from YC Combinator is aiming to end the pay and equity gap with a software tool it developed to make it easier to track, measure, and communicate how and what they pay their employees. The question is whether Silicon Valley, which h...
Tags: Startups, San Francisco, Tech, Wyoming, Silicon Valley, Andreessen Horowitz, Marc Andreessen, Glassdoor, Kramer, Carta, Schulman, Kristina Shen, YC Combinator, Emily Kramer, Bessemer Venture Partners Bezos Expeditions, Jeff Bezos Dash Fund


Ben Ling’s Bling Capital just rounded up $113 million more from investors

Ben Ling is as done with 2020 as the rest of us, but certainly for him, the year could be worse. Ling, who founded his own venture outfit in 2018 — naming it Bling Capital (a nickname from way back) — just closed on $113 million in capital commitments across two new funds: a seed-focused $77 million fund, and an opportunity fund focused on breakout companies from his portfolio that closed with $36 million in capital commitments. It’s a decent amount of money for a so-called solo GP fund, especia...
Tags: Google, TC, Facebook, New York, London, Youtube, Stanford, San Francisco, Tech, Austin, Venture Capital, Miami, Max Levchin, Sand Hill Road, Mach, Bay Area


AI construction startup Versatile raises a $20M Series A

San Francisco-based construction startup Versatile is announcing today that it has raised a $20 million Series A. The round was led by Insight Partners and Entree Capital, along with existing investors Robert Bosch Venture Capital GmbH, Root Ventures and Conductive Ventures. The round follows $8.5 million in funding, including a $5.5 million seed round that arrived in August of last year. The URBAN-X accelerator alum has developed a piece of hardware designed to be mounted to a crane. From th...
Tags: Startups, Hardware, San Francisco, Tech, Artificial Intelligence, Versatile, Entree Capital, Insight Partners, Recent Funding, Insight Partners and Entree Capital, Robert Bosch Venture Capital GmbH Root Ventures, Meirav Oren


Singapore Becomes First Country To Approve Lab-Grown Meat

Singapore has granted San Francisco start-up Eat Just Inc. regulatory approval to sell its laboratory-grown chicken in the city-state -- the world's first government to allow the sale of cultured meat. CNN reports: The product, created from cultured chicken cells, has been approved as an ingredient in chicken bites following Singapore Food Agency (SFA) approval, Eat Just said Tuesday. Initially, the chicken bites will debut in a Singapore restaurant, with plans for wider expansion into dining an...
Tags: Singapore, US, San Francisco, Tech, Cnn, Josh Tetrick, Western Europe, Northern California, Tetrick, Singapore Food Agency SFA, Eat Just, Eat Just Inc


This chart shows how the Salesforce acquisition of Slack for $27.7 billion stacks up against tech's largest deals ever

Marc Benioff, Salesforce CEO & cofounder Salesforce On Tuesday afternoon, Salesforce announced plans to purchase Slack for $27.7 billion — one of the largest ever tech acquisitions. The purchase tops Microsoft's 2016 acquisition of LinkedIn by a bit more than $1 billion, putting it among the top five largest tech acquisitions of all time. Salesforce CEO Marc Benioff called the combination of Salesforce and Slack, "a match made in heaven" in the announcement. "Together, Salesforce and Slack...
Tags: Apple, Google, Amazon, Motorola, Facebook, New York, Adobe, Microsoft, Finance, Softbank, Nokia, Satya Nadella, San Francisco, Trends, Linkedin, Tech


Teen banking service Step raises $50M, adds TikTok star Charli D’Amelio to investor list

Step, a mobile banking service aimed at teens, announced this morning it has raised $50 million in Series B funding after growing to over 500,000 users only two months after its official launch. The round was led by Coatue, with returning investors from Stripe, Crosslink Capital, Collaborative Fund, and Will Smith’s Dreamers VC. The startup also added some celeb investors to this round, including Charli D’Amelio, Justin Timberlake, The Chainsmokers, as well as big names from the world of sports,...
Tags: Apple, TC, Instagram, San Francisco, Tech, Will Smith, Smith, Andre Iguodala, FDIC, Step, MacDonald, Coatue, CJ MacDonald, Crosslink Capital Collaborative Fund, Charli D'Amelio, D'amelio


AgentSync lands consecutive rounds as insurtech booms

This morning AgentSync, an insurtech startup focused on agent compliance management, announced a new funding round worth $6.7 million. The financing event, led by well-known SaaS founder David Sacks’ Craft Ventures, included dollars from both Operator Collective and prior investors. The new capital will help AgentSync move faster, with co-founder and  CEO Niranjan Sabharwal saying that it is pulling hires earmarked for next year into 2020. He added that this most recent fundraising cycle c...
Tags: TC, MetroMile, San Francisco, Tech, Denver, David Sacks, Cto, Knight, Insurtech, Craft Ventures, Sabharwal, Operator Collective, AgentSync, Jenn Knight, Niranjan Sabharwal, Sabharwal AgentSync


The top technology PR people to know in 2020

Ash Spiegelberg, Brunswick Group. Brunswick Group Tech companies have no shortage of PR needs, whether it's handling crises like antitrust concerns or promoting a new product. Business Insider identified 36 top public relations pros working in the tech industry. They include names from venture capital firms, SaaS companies, startups, established PR firms, and small agencies. Visit Business Insider's homepage for more stories. Tech companies are often in the news for issues ranging from ant...
Tags: Facebook, Technology, Media, Advertising, San Francisco, Trends, Public Relations, Silicon Valley, Nordic, Advertising Agencies, Brunswick Group, Daniel Roberts, Ayelet Noff, Sean Czarnecki, Ash Spiegelberg, SlicedBrand


Shop-Ware raises cash as cars make a comeback

Shop-Ware has been waiting for a year like 2020 since 2015. The startup, which sells software to neighborhood automotive shops to digitize their operations, had struggled to capture capital from venture firms. Until recently, its sole major investor was aftermarket automotive giant Bosch. For companies like Shop-Ware, the disruptive wake of COVID-19 has cleared a path to capital as mainstream investors have sought out startups with services and products needed in the pandemic era. Investors fina...
Tags: Fundings & Exits, Startups, San Francisco, Tech, Automotive, Series A, Bessemer, COVID, Carolyn Coquillette, Shop Ware, Coquillette, Quickbooks Shop Ware


Jio Platforms backs SF-based AR gaming startup Krikey

Jio Platforms, the biggest telecom operator in India and which has raised over $20 billion from Facebook, Google and other high-profile investors this year, is leading a financing round of a San Francisco-based startup that develops augmented-reality mobile games. Jio has led the Series A fundraise of Krikey, founded by sisters Jhanvi and Ketaki Shriram, the Indian firm said on Wednesday. They did not disclose the size of Krikey’s Series A round, but Jio said Krikey has raised $22 million to dat...
Tags: Apps, Asia, India, Funding, San Francisco, Tech, Reliance Jio, Facebook Google, Jio, Haptik, JioSaavn, Akash Ambani Director of Jio, Jio Platforms, Krikey, Jhanvi, Ketaki Shriram


Longtime investor and operator Adam Nash says he just launched a new fintech startup

Adam Nash, a Silicon Valley-born-and-bred operator and investor, is back at it again. Today, on his personal blog, he announced that he has started a consumer fintech company that has already garnered initial funding from Ribbit Capital, along with other “friends and angels” who appear to have also pitched into the round, including Box CEO Aaron Levie, Mighty Networks founder Gina Bianchini, Superhuman founder Rahul Vohra, and Amy Chang, who sold her startup Accompany to Cisco in 2018. Nash d...
Tags: Apple, TC, Twitter, Europe, John Sculley, Ebay, Stanford, Boston, San Francisco, Linkedin, Tech, Cisco, Nasa, Venture Capital, Silicon Valley, North America


Massachusetts lawmakers vote to pass a statewide police ban on facial recognition

Massachusetts lawmakers have voted to pass a new police reform bill that will ban police departments and public agencies from using facial recognition technology across the state. The bill was passed by both the state’s House and Senate on Tuesday, a day after senior lawmakers announced an agreement that ended months of deadlock. The police reform bill also bans the use of chokeholds and rubber bullets, and limits the use of chemical agents like tear gas, and also allows police officers to inter...
Tags: Google, Minneapolis, Senate, Boston, Massachusetts, San Francisco, Tech, House, Portland, Portland Oregon, Illinois, Charlie Baker, Massachusetts Senate, Customs Enforcement ICE, Amazon Microsoft, Microsoft Amazon


Obvious Ventures outlines the “world positive” impact of its startups and shares what’s next

Today, the early-stage, mission-focused, San Francisco-based venture firm Obvious Ventures released a very readable overview of how each of its portfolio companies is benefiting the world in its own way. Its report shines a light on the grocery deliver service Good Eggs, for example, sharing that roughly 70% of the products sold by the company are grown or produced within 250 miles of its food hub in Oakland, Ca. That matters because fresher food is more nutritious. The electric bus company Prot...
Tags: TC, Asia, Europe, US, San Francisco, Tech, Williams, Venture Capital, North America, Oakland, Ev Williams, Obvious Ventures, James Joaquin, Biz Stone, James, Beyond Meat


Vivenu, a ticketing API for events, closes a $15M Series A round led by Balderton Capital

vivenu, a ticketing platform that offers an API for venues and promoters to customize to their needs, has closed a $15 million (€12.6 million) in Series A funding led by Balderton Capital. Previous investor Redalpine also participated. Historically-speaking, most ticketing platform startups took a direct to consumer approach, or have provided turnkey solutions to big event promoters. But in this day and age, most events require a great deal more flexibility, not least because of the pandemic. So...
Tags: TC, Europe, Balderton Capital, San Francisco, Tech, CMO, Companies, Monopolies, Api, Founder, Balderton, Ticketmaster, Partner, Daniel, Industries, Contentful


The Station: COVID’s effect on car ownership

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. For all my American readers, I hope you’re happy and satiated from the Thanksgiving holiday in this oddest of years. My hope for all Station readers, no matter where you reside, is a safe and hea...
Tags: MetroMile, Transportation, Elon Musk, California, China, Germany, India, Softbank, Toronto, San Francisco, Tech, Tesla, Canada, Automotive, Ford, Italy


What Happened After Silicon Valley Tried to Make Telecommuting Permanent (slashdot)

California's state air quality mandates require each region to have a feasible plan for a 19% reduction in emissions by 2035. But "after a barrage of criticism from Silicon Valley businesses and Bay Area mayors, Metropolitan Transportation Commission planners have backed off a requirement to have employees from big companies work from home three days a week," reports the Bay Area News Group. Instead a compromise plan approved unanimously by commissioners last week "calls for big companies to h...
Tags: Google, Facebook, News, California, San Francisco, Silicon Valley, San Jose, Bay Area, MTC, Metropolitan Transportation Commission, Liccardo, EditorDavid, Nick Josefowitz, Bay Area Council, San Jose Mayor Sam Liccardo, Bay Area News Group Instead


Are Tech Workers Fleeing the San Francisco Bay Area?

NBC News reports: Many urban centers have seen residents move out in large numbers since the start of stay-at-home orders in March, but the shift has been especially dramatic for San Francisco, a city that was already experiencing rapid change because of the tech industry. Software engineers, CEOs and venture capitalists have chosen to jump from the Bay Area to places such as Denver, Miami and Austin, Texas, citing housing costs, California's relatively high income tax and the Bay Area's general...
Tags: Google, Pinterest, California, Nbc News, San Francisco, Tech, Bay Area, San Francisco Bay Area, Austin Texas, Tracy Rosenberg, Media Alliance, Denver Miami


10 things in tech you need to know today

Tony Hsieh speaking at the Clinton Global Initiative America at the Sheridan Downtown Denver. Andy Cross / The Denver Post via Getty Images Good morning! This is the tech news you need to know this Monday. Sign up here to get this email in your inbox every morning.Have an Amazon Alexa device? Listen to this update by searching "Business Insider" in your flash briefing settings.And for the biggest stories in politics, sign up here for 10 Things in Politics You Need to Know Today — launching ...
Tags: Apple, Google, Amazon, UK, India, San Francisco, Trends, Bloomberg, Mit, Netflix, Connecticut, Amsterdam, Silicon Valley, Zappos, Vietnam, Huawei


Bloomberg Columnist: Bitcoin is Part of a Real Monetary Revolution

In an eloquent essay, Scottish-American historian Niall Ferguson argues that "We are living through a monetary revolution so multifaceted that few of us comprehend its full extent." The technological transformation of the internet is driving this revolution. The pandemic of 2020 has accelerated it... Covid-19 has been good for Bitcoin and for cryptocurrency generally. First, the pandemic accelerated our advance into a more digital word: What might have taken 10 years has been achieved in 10 ...
Tags: Amazon, China, San Francisco, Tech, Bloomberg, Joe Biden, Paypal, Bitcoin, Xi Jinping, Jeff Bezos, Niall Ferguson, Ken Rogoff, MicroStrategy, Michael Saylor


Tech elites are making moves out of San Francisco as they rethink the area's costs, political climate, and safety

Hello everyone! Welcome to this weekly roundup of Business Insider stories from co-Editor in Chief Matt Turner. Subscribe here to get this newsletter in your inbox every Sunday.Read on for more on the future of Silicon Valley, a private-equity titan's relationship with a Texas investor embroiled in a political scandal, and the rise and fall of the world's oldest advertising agency. Samantha Lee/Business Insider Hello!Tony Hsieh, the former CEO of shoes and clothes retailer Zappos, has di...
Tags: Google, Amazon, Facebook, New York, Texas, White House, US, America, San Francisco, Trends, Getty Images, Vista, Fbi, Austin, Oxford, Miami


What Happened After Silicon Valley Tried to Make Telecommuting Permanent

California's state air quality mandates require each region to have a feasible plan for a 19% reduction in emissions by 2035. But "after a barrage of criticism from Silicon Valley businesses and Bay Area mayors, Metropolitan Transportation Commission planners have backed off a requirement to have employees from big companies work from home three days a week," reports the Bay Area News Group. Instead a compromise plan approved unanimously by commissioners last week "calls for big companies to h...
Tags: Google, Facebook, California, San Francisco, Tech, Silicon Valley, San Jose, Bay Area, MTC, Metropolitan Transportation Commission, Liccardo, Nick Josefowitz, Bay Area Council, San Jose Mayor Sam Liccardo, Bay Area News Group Instead, Josefowitz


More Silicon Valley tech talent is flocking to Austin, Texas, during the pandemic. Here's what it's like in the growing tech hub of 'Silicon Hills.'

Katie Canales/Business Insider The COVID-19 pandemic has appeared to bolster an exodus from the pricey San Francisco Bay Area to more affordable locales, including Austin, Texas. Dropbox CEO Drew Houston is among those who have announced their move to Austin in the last few months amid a widespread shift to remote work. Big Tech has noticeably made itself more at home in Texas's capital in the last decade, but the industry has a long history in Austin. Visit Business Insider's homepage fo...
Tags: Travel, Apple, Google, Amazon, Facebook, Elon Musk, Texas, California, Washington Post, Drew Houston, US, Samsung, San Francisco, Barack Obama, Trends, Tech


November linkfest

It’s Word of the Year season, and two British dictionaries are leading the pack. Collins picked lockdown – a word we threw around here in the US but never experienced the way they did in the UK and elsewhere. (A friend of mine is literally confined to her London apartment after spending a month in France: she can’t go outdoors at all.) And Oxford Languages, publisher of the Oxford dictionaries, chose a phenomenon instead of a single word: the impact of the COVID-19 on language. “What struck the...
Tags: Apple, Art, Fashion, UK, London, Writing, Steve Jobs, France, Advertising, US, San Francisco, Urban, Bloomberg, New York Times, Oxford, Linguistics


What will tomorrow’s tech look like? Ask someone who can’t see

Will Butler Contributor Share on Twitter Will Butler is a writer, producer and podcast host from California. Legally blind since age of 19, Will has written and produced numerous stories about adjusting to vision loss. Will joined Be My Eyes as its VP in 2019 after four years at Lighthouse for the Blind and Visually Impaired in San Francisco. You can listen to Will’s interviews with leaders from the world of blindness and accessibilit...
Tags: Google, TC, Column, Microsoft, California, San Francisco, Siri, Tech, Accessibility, Will, Blind, Waymo, Apple Amazon Microsoft, Apple Amazon Google, Vista Center for the Blind, Sight Tech Global


Slack’s stock climbs on possible Salesforce acquisition

News that Salesforce is interested in buying Slack, the popular workplace chat company, sent shares of the smaller firm sharply higher today. Slack shares are up just under 25% at the moment, according to Yahoo Finance data. Slack is worth $36.95 per share as of the time of writing, valuing it at around $20.8 billion. The well-known former unicorn has been worth as little as $15.10 per share inside the last year, and worth as much as $40.07. Inversely, shares of Salesforce are trading lowe...
Tags: Fundings & Exits, Startups, Apps, Microsoft, San Francisco, Tech, Salesforce, Slack, Yahoo Finance, Mueller, Constellation Research, Holger Mueller


Square cofounder Jim McKelvey on competing with Amazon, building a startup during a recession, and why 2020 is a great year for entrepreneurs

Square cofounder Jim McKelvey and Polina Marinova. Polina Marinova/Screenshot from INBOUND2020 conference Polina Marinova is the founder and author of The Profile, a newsletter that features longform profiles on successful people and companies. She recently interviewed Square cofounder Jim McKelvey for the INBOUND2020 conference, where he discussed what it was like building a startup during a recession, competing against Amazon, and fighting imposter syndrome. McKelvey says understanding w...
Tags: Amazon, Startups, New York, Entrepreneurship, US, San Francisco, Trends, Strategy, Tech, Bank Of America, Ikea, Square, American Express, Jack Dorsey, Jack, St Louis


Elon Musk is now the world's second-richest person. Here's how the billionaire Tesla and SpaceX CEO went from getting bullied as a child to becoming one of the most successful and controversial men in tech.

Elon Musk. Steve Nesius/Reuters Elon Musk has had a tumultuous yet successful life.  He was bullied as a child but ultimately attended an Ivy League university before going on to become the CEO of two companies, Tesla and SpaceX, and the founder of three more. He's also been married three times and has triplets and twins. He recently had another baby with his girlfriend, the musician Grimes.  But Musk also courts controversy, especially on Twitter. The tech billionaire has been outspoken a...
Tags: Transportation, Mark Zuckerberg, Spacex, Elon Musk, New York, Hollywood, Robert Downey Jr, Microsoft, Australia, California, Ebay, White House, Ipo, Time, US, Los Angeles


Talking tech’s exodus, Twitter’s labels, and Medium’s next moves with founder Ev Williams

Earlier today, we had the chance to talk with Twitter and Medium cofounder Ev Williams, along with operator-turned investor James Joaquin, who helps oversee the day-to-day of the mission-focused venture firm they separately cofounded six years ago, Obvious Ventures. We collectively discussed lot of venture-y things, some of which we’ll publish next week, so stayed tuned. In the meantime, we spent some time talking specifically with Williams about both Twitter and Medium and some of the day...
Tags: TC, Twitter, Publishing, New York, California, Collaborative Consumption, San Francisco, Tech, Williams, Venture Capital, Manhattan, Donald Trump, Ev Williams, Obvious Ventures, James Joaquin, Medium


5 top investors in Dutch startups discuss trends, hopes and 2020 opportunities

The Netherlands’ ecosystem has been flourishing; more than $85 million was invested in regional startups in 2019 alone. The nation’s proximity to the U.K., Belgium, France and Germany makes Amsterdam a natural gateway to those markets. Long ago the savvy Dutch realized this, and built up Schiphol to become the world’s twelfth-busiest airport. Indeed, Amsterdam’s logistical and social connectedness is ranked number one in DHL’s Global Connectedness Index. Plenty of good funding rounds, a highly s...
Tags: Startups, TC, Europe, New York, Germany, San Francisco, Tech, European Union, Netherlands, Amsterdam, Kpmg, DHL, Adyen, Tracy Chou, Unicorn, Schiphol



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