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May 10, 2015, 6:55 PM
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| Arik Hesseldahl / Re/code: |
How are there so many unicorns? Survey of 37 unicorns by Silicon Valley legal firm shows liquidation preferences protecting investors in 100% of funding deals — Here's One Thing All the Billion-Dollar Unicorns Have in Common — They're called unicorns — young companies valued at $1 billion or more …
More:
Fenwick & West LLP, New York Times, PE Hub Blog and Wall Street Journal
Tweets: @pmarca, @ipaullee, @adamsinger, @startupljackson and @mikeisaac
| Heidi Roizen: |
How to build a unicorn from scratch and walk away with nothing, or why deal terms matter more than valuations — How to Build a Unicorn From Scratch - and Walk Away with Nothing. — This is a grim fairy tale about a mythical company and its mythical founder.
Tweets: @stevesi, @pmarca and @benedictevans
| Peter Bright / Ars Technica: |
How Microsoft's strategy for supporting apps developed for Android and iOS differs from similar plans by BlackBerry and IBM — Android and iOS apps on Windows: What is Microsoft doing—and will it work? — Running a competitor's apps has been done before. It hasn't worked.
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BGR
| Boris Wertz / Version One: |
“Uber for X” works well only when X is a frequently-used, time-sensitive, commoditized service — Why there won't be an Uber in every vertical — The success of Uber has inspired hundreds of startups to call themselves the “Uber of X, Y, or Z.”
Tweets: @jordanrcrook and @startupljackson
| Marco Arment / Marco.org: |
Overcast's Apple Watch app redesign shows why scaled-down iPhone apps don't work well on Watch — Redesigning Overcast's Apple Watch app — I originally designed the Apple Watch app for my podcast player, Overcast, with a scaled-down version of the iPhone app's structure.
More:
The Next Web, Pixel Envy, Fortune, Apple Spotlight, MacStories and TechCrunch
Tweets: @mgsiegler, @stevesi, @stevecheney, @stevekovach, @lukew, @applespotlight, @marcoarment, @johnolilly, @gassee and @panzer
| David Scheltema / Make: |
Next Thing Co. unveils CHIP, a $9 Raspberry Pi competitor with 1GHz ARM Cortex-A8 CPU, 512MB of RAM, 4GB of storage, running Debian Linux — Next Thing Co. Releases “World's First” $9 Computer — Share on Facebook (Opens in new window) — Snuggly situated in an industrial section of Oakland …
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TechCrunch, Ars Technica UK, Geek.com, Kickstarter, Mashable, Tech Times, BetaNews, Boing Boing, CBC News, PC Pro, TechRadar.com, The Next Digit, HotHardware.com News, CrazyEngineers, Crowdfund Insider, Engadget, Yibada, BizTek Mojo, Yibada, Standard Daily, Trak.in, TechSpot, Digital Trends, Network World, SlashGear, News Every Day, Headlines & Global News, TechWorm, The Register, Liliputing, tech.co, Tech News Today, HEXUS.net Consumer …, The Daily Dot, Technabob and Slashdot
| Robert McMillan / Wall Street Journal: |
Zynga says it's shutting down data centers it spent $100M to build, goes back to Amazon — For Zynga, a Journey From the Cloud to Home — and Back Again — In 2009, Zynga was a marquee customer for Amazon.com 's cloud-computing services. Two years later, it spent $100 million to build … | Michael Mimoso / Threatpost: |
Numerous security holes found in Open Smart Grid networking protocol used by over 4M smart power meters — Weak Homegrown Crypto Dooms Open Smart Grid Protocol — In the three years since its inception, the Open Smart Grid Protocol has found its way into more than four million smart meters and similar devices worldwide.| John McDuling / Quartz: |
Q&A with Google Ventures' Bill Maris on conflicts of interest, life sciences investments, international investments, and more — What it's like to run Google's $2 billion venture capital fund — When Google's co-founders, Larry Page and Sergey Brin, decided to set up a venture-capital fund …
More:
Fusion
| James Appell / Foreign Policy: |
Skolkovo, Russia's $4B tech incubator near Moscow, languishes as funding is cut and startups leave — The Short Life and Speedy Death of Russia's Silicon Valley — In 2009, Moscow unveiled an ambitious plan to build a world-class technology incubator. Then corruption, brain drain, and Putin killed it.
Tweets: @kasparov63, @eurasiagroup and @pmarca
| New York Times: |
SherpaShare helps workers optimize pay from multiple services like Uber, Lyft, and Postmates — An App That Helps Drivers Earn the Most From Their Trips — When Steve Smith began driving for Uber and Lyft several months ago, he concentrated on picking up passengers near his Walnut Creek neighborhood in the San Francisco Bay Area.
Tweets: @infoarbitrage and @mikeisaac
| Rose Pastore / Fast Company: |
Side project of computer vision startup Dextro categorizes Periscope videos in real time — Dextro side project Stream is using its algorithms to categorize Periscope videos in real time — Does this video contain a cat? — Is the cat inside, or on the beach? — Is it night or day?
More:
PCWorld, Digital Trends, Wired, Fusion, FierceOnlineVideo News, The Next Web and Xconomy. Tweets: @kylebrussell
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