About a year ago, Michael Lopp joined Pinterest as the company’s head of engineering — filling in the leadership of the engineering side next to co-founder Evan Sharp and CEO Ben Silbermann. Much of his role, since joining, has been to help teams at Pinterest, which consist of units of engineers, designers and product managers, mesh and work well together. Lopp comes from both… Read More
On the heels of Homejoy’s failure, the fundamental “on-demand marketplace” model has come into question by investors, the media and even consumers. That questioning is very relevant, as there has been an overload of VC money that has been injected in the on-demand service platform space over the past few years ($4 billion-plus in 2014). Read More
Founders are often puzzled by how VCs derive valuations for competitive Series A rounds. A competitive Series A round is an equity round where a company generally raises greater than $5 million led by a top-quartile venture capital firm. During these Series A rounds, it is not uncommon for founders to receive multiple term sheets from lead investors at different valuations, and to feel… Read More
The FDA is currently considering clinical trials for a drug that would delay aging. The idea of extending human longevity is a controversial one, with some arguing for immortality and others arguing that a lifespan into the mid-70s is perfectly adequate. So is the drug good or bad? As an investor in science and technology, this is a non-trivial question for me. Read More
Yahoo just announced that it has reached an agreement to acquire style-focused community Polyvore. In a blog post about the deal, Yahoo’s senior vice president of publisher products Simon Khalaf highlighted “Polyvore’s expertise on community-driven experiences and retailer-supported commerce” and wrote that the deal “will accelerate Yahoo’s digital… Read More
We’ve been promised a flying car for as long as I can remember. From The Jetsons to Back To The Future, we’ve been sold this dream for years and years. Owning something that starts out on the ground and ends up flying through the air is something I want to experience before I kick the bucket. Read More
August is nearly upon us, which means news is slowing.
But that hasn’t stopped car companies from racing away with the news, including Tesla’s introduction of Ludicrous Mode (which we haven’t stopped talking about), and the old Top Gear crew signing with Amazon for a new show. Meanwhile, Microsoft launched Windows 10, and Razer bought OUYA out in an all-cash deal.
This… Read More
Launching out of the Summer 2015 Y Combinator batch, Locent is an e-commerce platform powered entirely by text messages. One of the biggest challenges for online retailers is shepherding customers through a lengthy checkout process. By providing businesses with a custom, text-enabled phone number, Locent turns the checkout process into just a text message. Read More