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October 15, 2015, 1:30 PM
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memeorandum
WeSmirchTop News
| William Alden / BuzzFeed: |
Square guaranteed investors a 20% return in its most recent round, S-1 shows — Some Of Square's Backers Were Guaranteed A 20% Return In IPO — The payments company revealed the special provision, known as a ratchet, in its IPO prospectus today. — Jack Dorsey, CEO of Square.| TechCrunch: |
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U.S. Securities …, Square, Wall Street Journal, VentureBeat, Fortune, ZDNet, New York Times, CNET, BuzzFeed, Re/code, Engadget, TechCrunch, Bloomberg Business, Business Insider, Seeking Alpha, Mashable, PE Hub Blog, Reuters and silicontap.com
Tweets: @square, @mikeisaac, @ericnewcomer, @hblodget, @rjonesy, @sarahfrier, @eliotwb, @ericnewcomer and @ericnewcomer
| CB Insights: |
KPMG and CB Insights: VC funding this year already exceeds all of 2014 with $37B raised in Q3, including 68 $100M+ mega-rounds — Global Venture Capital Report - Q3 2015 — KPMG and CB Insights: VC-backed Companies Haul in US$37.6 Billion Globally in Q3 2015 Due to Mega-Rounds …
More:
VatorNews, The Next Web, CNNMoney, TechCrunch, Business Insider, Xconomy, VentureBeat and Quartz
| Federico Viticci / MacStories: |
Facebook's iOS app continues to use data and drain battery in the background, even with Background App Refresh turned off — The Background Data and Battery Usage of Facebook's iOS App — Nick Heer, commenting on Facebook's battery usage on iOS in response to a piece by Matt Galligan:
More:
TechCrunch, Medium, Pixel Envy, iPhone in Canada Blog, Ubergizmo, The Tech Portal, BGR, The Mac Observer and iMore. Tweets: @abrahamvegh
| Miguel Helft / Forbes: |
What bubble? With so many high-growth companies building sustainable businesses, the unicorn boom has just begun — What Bubble? The Unicorn Boom Has Just Begun — For the anxious throng worried about spiraling startup valuations-a group now big enough to pass for conventional wisdom …
Tweets: @paultoo, @mikesimonsen, @mhelft, @pmarca, @dangillmor and @pkedrosky
| Nicole Lee / Engadget: |
Yahoo Mail offers password-less login, which ties authentication to your smartphone with an Account Key app, and adds third-party email support to updated apps — Yahoo Mail drops passwords and adds third-party email support for new apps — It's Yahoo Mail's 18th birthday this month …
| Wall Street Journal: |
US Justice Department and FBI investigating whether fantasty sports sites should continue operating under “games of skill” exemption — FBI, Justice Department Investigating Daily Fantasy Sports Business Model — FBI agents have been contacting customers of DraftKings to ask them about their experiences
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New York Times, New York Times, GeekWire, Legal Sports Report, MCV: Home Stream, Mashable, Engadget, The Hill, Fortune, Legal Sports Report, BostonGlobe.com, Reuters, Business Insider, bizjournals, Deadspin, Bleacher Report, VICE, The Verge and The Big Lead
Tweets: @johnolilly, @tonyromm and @markennis
See also Mediagazer| Drew Olanoff / TechCrunch: |
Niantic, recently spun out from Google and known for Ingress, raises $20M from Google, Pokémon Company, and Nintendo — Niantic Raises $20M From Google, Pokémon Company, And Nintendo — Just about two months ago, the maker of the popular-with-nerds game Ingress, Niantic Labs, was spun out of Google.
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SiliconANGLE, Android Authority, The Next Web, Gamasutra, Variety, VentureBeat, The Pocket Gamer Podcast, Nintendo Life, Android Central, Business Wire, Re/code and New York Times. Tweets: @mikeisaac
| Nathan Ingraham / Engadget: |
Dropbox unveils Paper, a web app for collaborative document editing, to-do management, currently in beta and invite-only — Paper is Dropbox's new vision for how teams can work together — Six months ago, Dropbox quietly announced a collaborative note-taking tool called Notes and launched it in an invite-only beta test.
More:
The Verge. Tweets: @benparr, @nateingraham, @stevekovach, @joshuatopolsky, @wernerdrew and @ow
| Noah Kulwin / Re/code: |
Civic Tech Startup OpenGov Raises $25 Million, Adds Marc Andreessen to Its Board — For a number of startups, government transparency isn't just a political talking point — it's a lucrative business opportunity. — Their public-interest pitch is that the antiquated technology governments use …
More:
TechCrunch, VentureBeat, PE Hub Blog and VatorNews
| Ken Yeung / VentureBeat: |
Twitter Ads introduces conversion lift reports to show advertisers which ads perform better — Twitter now shows advertisers which ads perform better — Twitter has added a new reporting mechanism aimed at helping advertisers maximize efficiency around their campaigns.
More:
The Twitter Blog, TechCrunch and Marketing Land
| Ingrid Lunden / TechCrunch: |
Quip Gets $30M From Greylock And Benchmark To Grow Its Mobile-First Word Processing App — Some big news today for Quip, the mobile-first word processing and collaboration app that competes with the likes of Google Docs. The eponymous startup behind the service has raised $30 million in funding …
More:
Re/code, Quip Blog, Forbes, VentureBeat, Business Insider and Fortune
| John Herrman / The Awl: |
As news sites see traffic decline, Facebook tests new standalone mobile news app Notify, expected to launch later this month — Notes from the Platform's Edge — 1. In recent weeks I've gotten a handful of notes from people letting me know that something or other is up with websites they work at or run.
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The Verge, Silicon Republic, SlashGear, VentureBeat, Social Media Today, Business Insider, Beyond Search, Gigaom, Ubergizmo, The Next Web, VatorNews, iPhone Hacks, Mashable, SocialTimes, TechnoBuffalo and Pocket-lint
Tweets: @readdanwrite, @mathewi, @jayrosen_nyu and @mikeisaac
| Deborah Gage / Wall Street Journal: |
Cloud computing company Bracket raises $45M from Fidelity, Goldman Sachs, and others, bringing total funding to more than $130M — Bracket Raises $45 Million to Make Cloud Computing Easier … A year after emerging with technology to protect corporate customers from some of the downsides … | Dan Frommer / Quartz: |
Reed Hastings says recent switch to chip-enabled credit cards, and subscribers not updating payment records is partially to blame for slow US subscriber growth — Netflix is blaming slow US growth on the switch to chip-based credit cards — Netflix shares are down 7% in after-hours trading …
More:
The Daily Dot, Bloomberg Business, Beyond Search and Guardian
Tweets: @pkedrosky and @gaidar
See also Mediagazer| Ben Popper / The Verge: |
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CNBC, Variety, Wall Street Journal, TechCrunch, Hollywood Reporter, Forbes, Deadline, VentureBeat, TIME, TechCrunch, Business Insider and Phys.org
Tweets: @lucas_shaw and @ryanlawler
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