Posts filtered by tags: NewCo[x]


 

Extra Crunch roundup: A fistful of IPOs, Affirm’s Peloton problem, Zoom Apps and more

DoorDash, Affirm, Roblox, Airbnb, C3.ai and Wish all filed to go public in recent days, which means some venture capitalists are having the best week of their lives. Tech companies that go public capture our imagination because they are literal happy endings. An Initial Public Offering is the promised land for startup pilgrims who may wander the desert for years seeking product-market fit. After all, the “I” in “ISO” stands for “incentive.” A flurry of new S-1s in a single week forced me to r...
Tags: Fundings & Exits, Startups, TC, Gaming, Entrepreneurship, China, Ipo, India, San Francisco, Tech, ISO, NewCo, Alibaba, Venture Capital, Airbnb, Autodesk


Dear Sophie: Can an H-1B co-founder own a Delaware C Corp?

Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: What does Biden’s win mean for tech immigration? Dear So...
Tags: Startups, Column, Labor, California, India, Tech, Diversity, NewCo, Policy, Silicon Valley, Daly City, Lawyers, Biden, Sophie, Alcorn, Green Card


How Yext reinvented itself on its way to going public

Last week, Yext CEO Howard Lerman dropped by Extra Crunch Live for a chat about his former startup, pivoting and becoming the CEO of a public company. Yext, which focuses on business information and enterprise search products, went public in 2017, making it one of the first companies to demo at a TechCrunch event and eventually list. The full recording is embedded below, along with a number of at-length quotes if you prefer to read. But here, above the paywall, I wanted to share my favorite b...
Tags: Travel, Fundings & Exits, Startups, TC, NewCo, IAC, IVP, LERMAN, Yext, Howard Lerman, Extra Crunch Live


IBM still not offering future revenue guidance, suffers yet another quarter of falling sales

Plus $2.3bn of restructuring coming due to NewCo split, cloud humming along, Red Hat roaring IBM has posted another quarter of falling sales, and decided not to forecast what will happen over its next 90-day financial reporting period.…
Tags: NewCo, Software, Ibm


IBM To Split Into Two Companies By End of 2021

IBM announced this morning that the company would be spinning off some of its lower-margin lines of business into a new company and focusing on higher-margin cloud services. Ars Technica reports: During an investor call, CEO Arvind Krishna acknowledged that the move was a "significant shift" in how IBM will work, but he positioned it as the latest in a decades-long series of strategic divestments. "We divested networking back in the '90s, we divested PCs back in the 2000s, we divested semiconduc...
Tags: Tech, Ars Technica, NewCo, Ibm, Krishna, Ginni Rometty, IBM Global Technology Services, Arvind Krishna


IBM plans to spin off infrastructure services as a separate $19B business

IBM, a company that originally made its name out of its leadership in building a myriad of enterprise hardware (quite literally: its name is an abbreviation for International Business Machines), is taking one more step away from that legacy and deeper into the world of cloud services. The company today announced that it plans to spin off its managed infrastructure services unit, a $19 billion business, to help it focus more squarely on newer opportunities in hybrid cloud applications and artific...
Tags: Enterprise, Microsoft, Tech, NewCo, Infrastructure, Ibm, Bmc, Servers, Big Blue, GAAP, International Business Machines, Ginni Rometty, Arvind Krishna


Who says Austin can’t do consumer?

https://medium.com/media/ce497d5b733554490d91544fae217d41/href Who says Austin can’t do consumer? Sign up for SupplyDrop to prove them wrong (and never run out of toilet paper). If you live in Austin, you can be one of the first to sign up for a new consumer service right out of Austin started by Andrew Busey and April Downing. Save time, save money, and never run out of essential household supplies like paper towels, garbage bags, detergent, and yes, of course — toilet paper. Use this link fo...
Tags: Amazon, Startups, Ecommerce, Shopping, Startup, NewCo, Austin, Andrew, Civitas Learning, Amazon Subscribe, Austin Startups, Dachis Group, Andrew Busey, Subscription-economy, DropAndrew Busey, Andrew Busey Co


IFM Lands $55.5M to Launch NewCo Quattro and Discovery Incubator

IFM Therapeutics has raised $55.5 million to launch its third drug subsidiary as well as an incubator, both of which are focused on developing new therapies for inflammatory diseases and cancers.Those endeavors will be led by a familiar face. Boston-based IFM has promoted its vice president of research and development, Martin Seidel, to become its CEO and a member of the board of directors. Gary Glick, IFM’s co-founder and CEO since its formation two years ago, is taking on a new role as execut...
Tags: Deals, Startups, Boston, Cancer, Trends, Investing, NewCo, Venture Capital, Novartis, Biotech, Life Sciences, Autoimmune Diseases, Abingworth, Atlas Venture, National blog main, New York blog main


Former Soviet submarine anchored off Queen Mary in Long Beach could soon be sold

The rusting, former Soviet submarine that’s been anchored off the Queen Mary in Long Beach for 21 years appears to be on its way out, though it’s unknown who the prospective buyer is. The possible sale was first reported by the Los Angeles Times. But Urban Commons, the firm that leases the Queen Mary and the Scorpion submarine, confirmed the potential sale to the Press-Telegram on Tuesday, Nov. 19. “Urban Commons is currently negotiating the terms of the sale of the submarine with a prospective ...
Tags: Sport, NewCo, Soccer, Long Beach, Local News, Palm Springs, Woods, Mary, Queen Mary, Garrison Investment Group, Save the Queen, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF


Tencent shareholder Naspers to list e-commerce ventures in Amsterdam

South African internet and media company Naspers is listing its e-commerce businesses – including its $134 billion stake in the Chinese internet giant Tencent – in Europe, the company said in a press release. The company said it would float these as an entity called NewCo on the... ...
Tags: Travel, Mobile, Ecommerce, Europe, News, Internet, Ipo, NewCo, Amsterdam, Tencent, Naspers, Naspers Internet


'GREED IS GOOD': Ex-Uber CEO Travis Kalanick denies stealing Google trade secrets in explosive Silicon Valley trial

Former Uber CEO Travis Kalanick took the stand on the third day of the Uber-Waymo trial, denying any plot to stealing Google's trade secrets for Uber's self-driving car plans. In his testimony, Kalanick described the early years of Uber — as well as Google's 2013 investment and the subsequent breakdown in relationship between the two companies. Under questioning, Kalanick admitted that he had not read an important merger/acquisition agreement before signing it.   SAN FRANCISCO — Former Uber ...
Tags: Google, Uber, Elon Musk, San Francisco, Trends, Tesla, NewCo, Silicon Valley, Travis Kalanick, Kalanick, Michael Douglas, Otto, Alsup, Waymo, Anthony Levandowski, Uber Waymo


Former Uber CEO Travis Kalanick is about to take the stand for a second time in the explosive Uber-Waymo trial

SAN FRANCISCO — Travis Kalanick is due to take the stand on Wednesday morning on the third day of the explosive Uber-Waymo trial. He's scheduled to appear in court when the trial reopens around 7:30 a.m. Pacific. Uber has been accused by Waymo, a self-driving car company owned by Google's parent company Alphabet, of stealing its confidential trade secrets during Kalanick's tenure, before he was forced out by a string of explosive scandals in mid-2017. At the heart of the trial is Anthony Levand...
Tags: Google, San Francisco, Trends, NewCo, Travis Kalanick, Kalanick, Otto, Waymo, Anthony Levandowski, Uber Waymo, Levandowski, Google Kalanick, Anthony -LSB- Levandowski, Pacific Uber


'GREED IS GOOD': Former Uber CEO Travis Kalanick is taking the stand for a second time in the explosive Uber-Waymo trial

SAN FRANCISCO — Travis Kalanick took the stand on Wednesday morning on the third day of the explosive Uber-Waymo trial. Uber has been accused by Waymo, a self-driving car company owned by Google's parent company Alphabet, of stealing its confidential trade secrets during Kalanick's tenure, before he was forced out by a string of explosive scandals in mid-2017. At the heart of the trial is Anthony Levandowski, a star self-driving engineer who worked at Google's self-driving car project before it...
Tags: Google, Youtube, San Francisco, Trends, NewCo, Travis Kalanick, Kalanick, Michael Douglas, Otto, Waymo, Anthony Levandowski, Uber Waymo, Levandowski, Kalanick Kalanick, Google Kalanick, Anthony -LSB- Levandowski


My Predictions for 2018

The post My Predictions for 2018 appeared first on John Battelle's Search Blog. (cross posted from NewCo Shift) So many predictions from so many smart people these days. When I started doing these posts fifteen years ago, prognostication wasn’t much in the air. But a host of way-smarter-than-me folks are doing it now, and I have to admit I read them all before I sat down to do my own. So in advance, thanks to Fred, to Azeem, to Scott, and Alexis, among many others. So let’s get into ...
Tags: Google, Amazon, Facebook, Europe, Pinterest, Russia, Eu, Internet Big Five, Media/Tech Business Models, NewCo, Book Related, Joints After Midnight & Rants, Mozilla, Tim Cook, Silicon Valley, Susan Wojcicki


7 Best Blog Posts of 2017

Call me old school, but I really enjoy the written word.  I prefer reading a long-form blog post or article than a pithy tweet or fleeting Facebook post.  That’s not to say that I want a writer to blather on — rather, I like reading the work of people who have mastered the written word and write well thought out arguments or well supported insights.  With that in mind, I subscribe to a dozen or so blogs, newsletters, or article feeds from my favorite writers.  As 2017 draws to a close, I thought...
Tags: Amazon, Facebook, Leadership, Wikipedia, NewCo, David, Silicon Valley, Akira Kurosawa, John, Ruby, Cto, Gigaom, Mitch, Branding, Om Malik, Mitch Joel


Data Concentration In Platforms – A Modest Proposal

The post Data Concentration In Platforms – A Modest Proposal appeared first on John Battelle's Search Blog. image (I’ve been writing on NewCo Shift for the most part, but I wanted my Searchblog readers to know two things: One, I’m working on getting this site totally redone, and will be posting here in the New Year. And two, I really feel awful about how I’ve neglected this site. All of that will change next year.) —- Over the  past  few years I’ve been looking for a grand...
Tags: Apple, Google, Amazon, Facebook, Usa, Russia, US, Internet Big Five, Media/Tech Business Models, NewCo, Book Related, United States, Gm, Google Amazon Facebook, John Battelle, GM Alcoa US Steel


This Is What Happens When Context Is Lost.

The post This Is What Happens When Context Is Lost. appeared first on John Battelle's Search Blog. (Cross posted from NewCo Shift) Facebook and Google’s advertising infrastructure is one of humanity’s most marvelous creations. It’s also one of its most terrifying, because, in truth, pretty much no one really understands how it works. Not Mark Zuckerberg, not Larry Page, and certainly not Russian investigator Robert Mueller, although of the bunch, it seems Mueller is the most interest...
Tags: Google, Facebook, Mark Zuckerberg, Fcc, Washington Post, Washington, Ipo, George Carlin, Media/Tech Business Models, NewCo, Book Related, Joints After Midnight & Rants, Larry Page, Alibaba, Tencent, Essays


The Data Deal Is Opaque. We Should Fix It.

The post The Data Deal Is Opaque. We Should Fix It. appeared first on John Battelle's Search Blog. I wrote this post over on NewCo Shift, but it’s germane to the topics here on Searchblog, so I’m cross posting here… What Did You *Think* They Do With Your Data? Admit it, you know your data is how you pay for free services. And you’re cool with it. So let’s get the value exchange right. Topping the charts on TechMeme yesterday is this story: So as to be clear, what’s going ...
Tags: Google, Facebook, Walmart, Internet Big Five, Media/Tech Business Models, NewCo, Joints After Midnight & Rants, Department Of Justice, Doj, Accuweather, Trump, John Battelle, Facebook Google Amazon, Dreamhost, Spirit Of Customers Are Always, Big Guys Publishers


No. Social Terrorists Will Not Win

The post No. Social Terrorists Will Not Win appeared first on John Battelle's Search Blog.                           A small group of social terrorists have hijacked the rational discourse led by society’s most accomplished, intelligent, and promising organizations. (cross posted from NewCo Shift) Let’s start with this: Google is not a perfect company. It’s easy to cast it as an omniscient and evil villain, the leader of a millennium-spanning illuminati hellbent on world subjugation. Googl...
Tags: Apple, Google, Amazon, Facebook, Politics, America, Tech, Internet Big Five, NewCo, Book Related, Joints After Midnight & Rants, Policy, Sundar Pichai, Facebook Microsoft, John Battelle


Will Blockchain End Poverty?

Blockchain is one of the most hyped technologies around. Some are even claiming blockchain will end global poverty. It's not clear if this is before or after it brings world peace.  While we think most of the hype and forecasts around blockchain are way too optimistic, we are positive about the technology. We also think it will, overtime, impact many industries.  For those not familiar with Blockchain, it's the underlying technology behind the digital currency Bitcoin. At a simple level,...
Tags: Sales, NewCo, Web/Tech


The Austin Startup Digest in a Nutshell

Week of June 19, 2017 Featured Events NewCo Austin: Austin’s most inspiring companies invite you inside their headquarters.Get your tickets to NewCo, where over 60 presenters from dozens of Austin companies will share their knowledge from the inside. It’s a great line up and you’ll be sure to gain valuable insights as you build and scale your startup.Startup Weekend HackOut is the first-ever LGBTQIA-themed Startup Weekend event! With everything going on in the world today, it’s great to see a...
Tags: Startups, Texas, News, Startup, NewCo, Austin, Austin TX, Austin Startups, Austin Startup Digest, Eunoia Force


Lesson #264: Financing Mergers & Acquisitions

We have previously talked about How to Set Your Mergers & Acquisitions Goals.  But, once those goals have been set, and targets have been identified, how exactly do you fund those transactions?  As you will read, financing M&A activity is very different than funding stand-alone growth with venture capital, as the investors are largely very different--mostly banks, private equity firms and family offices, instead of venture capital firms.  This post will help you better learn your M&A financing...
Tags: Startups, NewCo, Chicago, EBITDA, SBA, George Deeb, Small Business Association


Capital Factory Brings the NewCo Festival Back to Austin this June

With so many festivals and conferences in Austin, it can be hard to get them all straight. But NewCo Austin isn’t your average festival or conference. This event has the focus of a business conference and the feel of a music festival, which makes it the ideal place to connect businesses on a mission to the people who care.NewCo Austin Host Companies, or HostCo’s, provide the backbone of the festival. These companies can be brand new and just getting started on their mission, or existing compani...
Tags: Startups, News, Startup, NewCo, Austin, Festivals, Dell, Capital Factory, Austin Startups, Hostco, NewCo Austin, NewCo Austin Host Companies


Lesson #258: How to Roll-Up Several Companies Into One

I recently wrote about how to set your strategies around mergers and acquisitions, but I wanted to go into more detail about one type of M&A strategy: the roll-up.  A roll-up is when you plan to buy multiple businesses within one industry.  And, there are many potentials ways to implement a rollup, which I will detail herein. ROLL-UP STRATEGIES You need to figure out exactly what your goal is from the roll-up, much more than simply growing revenues and market share.  For...
Tags: Startups, NewCo, Chicago, Miami, New York Los Angeles, George Deeb


The Robot Tax And Basic Income

In my work to prepare for the Future of Labor conversation we had at NewCo Shift a few weeks ago, I talked to a number of experts who are studying job losses due to automation and thinking about what might be done about it. Two ideas that came up a number of times were the “robot tax” and the “basic income.” The ideas are complementary and one might fund the other. At its simplest, a “robot tax” is a tax on companies that choose to use automation to replace human jobs. There are obviously many v...
Tags: Labor, Employment, Trends, Economics, NewCo, Policy, Bill Gates, Machine Learning


Innovation Events: Spring Planner

This is your Innovation Events Spring Planner. Below are a variety of innovation-related events, conferences, and festivals that should be on your radar. These are located across the globe and all take place before May. Registration is already open for all of them.
Tags: News, Disruption, The Economist, NewCo, Innovation, Conferences, Build Capability, Feature Of The Week, Intrapreneur, Future Festival, HYPE Innovation, Year of the X


John Podesta: Fake news is 'undermining our democracy'

SAN FRANCISCO — Fake news is "undermining our democracy," but it's something people may not notice if they get their news from the mainstream media, former Clinton campaign chair John Podesta warned on Wednesday.  " It’s sinister, and it’s a vile stream that runs under the ground and it begins to have an effect and takes its toll," Podesta said on-stage at the NewCo Shift Forum. The "subterranean" power of fake news was something Podesta experienced first hand when he and Hillary Clinton were ...
Tags: Google, Facebook, Mark Zuckerberg, France, Trends, NewCo, Hillary Clinton, North Carolina, Clinton, Trump, Podesta, John Podesta


The Future Of Labor

As I mentioned yesterday, I am moderating a panel this morning at NewCo Shift Forum on The Future Of Labor. As I think about, there are three big megatrends impacting the future of labor/work. The first has largely played itself out over the past thirty years and that is globalization and outsourcing. I believe we have seen most of the impact of that trend in the US as wages and the standard of living has risen dramatically around the world and has stagnated here in the US for the working class....
Tags: Labor, US, Employment, Trends, NewCo, Policy, USV, Maya, Albert, Henry Blodget, Global Policy Solutions, Maya Rockeymoore, Future Of Labor, Stephen DeWitt, Work Market, US Social Security System


Soggy In San Francisco

I arrived this morning to a downpour and a city that feels exceedingly waterlogged. I’m sitting at a coffee shop in Berkeley in advance of a talk I’m giving on Startup Communities, a topic that to me suddenly feels even more relevant than before given the self-inflicted chaos going on at a macro level in America. As things unfold, I’m calmly pondering the next 20 years as I put the final touches on a presentation for a talk at the Greenspring Associates annual meeting later this week. My partner...
Tags: Education, Glenn Beck, La, America, San Francisco, Trends, NewCo, Berkeley, Conferences, Fred Wilson, Mark Suster, Ryan, Greenspring Associates, Feld, John Battelle, Upfront


Capitalism At A Crossroads

I am on a plane flying up to SF to attend a two day conference called NewCo Shift Forum. The premise behind this conference, put together by my friend and tech conference impresario supreme John Battelle, is that capitalism is at a crossroads brought on by changing political winds across the globe, technological advancements, and a growing consolidation of power and wealth at the very top. The longer treatise on why this conversation needs to happen is here. This is not your ordinary tech confer...
Tags: Trends, NewCo, Policy, Trump, John Battelle