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September 15, 2019, 6:00 PM
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memeorandum
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| David Coats / VC by the Numbers: |
Analysis: ~51% of capital invested into US VC-funded companies exiting over the last decade lost money, while less than 4% generated a 10x or greater return — In fact, we are highly skewed. — Most of us know intuitively that venture investing is a hits driven business.
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AVC and Howard Lindzon
Tweets: @modestproposal1, @federicoantoni, @semil, @merket, @trengriffin, @trace_cohen, and @skupor
| Financial Times: |
Sources: Libra representatives to meet officials from 26 central banks, including the Federal Reserve and the Bank of England, in Basel, Switzerland on Monday — Facebook will be quizzed by global regulators on its planned Libra coin project amid concerns from EU governments over the threat … | Jeff Abramowitz / Wired: |
Launched 20 years ago, Wi-Fi nearly lost out to the rival HomeRF, which was developed and promoted by a group including Compaq, HP, IBM, Intel, and Microsoft — Opinion: Launched 20 years ago this week, Wi-Fi nearly hit a dead spot. — We all love Wi-Fi, except when we can't connect.
Tweets: @davwrigh, @mgsiegler, @joshelman, @wired, @wired, and @oliakanevskaia
| Andy Greenberg / Wired: |
Researchers: execution errors prevented the Crash Override malware, which took down the Ukrainian power grid for an hour in 2016, from causing lasting damage — A fresh look at the 2016 blackout in Ukraine suggests that the cyberattack behind it was intended to cause far more damage.| Christoph Rauwald / Bloomberg: |
Volkswagen is unifying its fragmented IT efforts under a new Car.Software unit, which will develop “vw.os”, with first cars with new software shipping next year — - Combined operations to pool about 10,000 software workers — Move will boost efficiency across 12 automotive brands| Connie Loizos / TechCrunch: |
Interview with Cloudflare co-founder Michelle Zatlyn on its IPO, its dual-class stock structure giving employees 10x the voting rights over public shares, more — Shares of Cloudflare rose 20% today in its first day of trading on the public market, opening trading at $18 after it priced … | Renee Dudley / ProPublica: |
Ransomware hackers are targeting managed service providers, causing chaos for the city governments, medical clinics, and smaller businesses who use them for IT — On July 3, employees at Arbor Dental in Longview, Washington, noticed glitches in their computers and couldn't view X-rays.
Tweets: @sesmith, @propublicail, @propublica, @guptamnka, @propublica, @danlgolden, and @propublica
| Jeremy Horwitz / VentureBeat: |
An overview of Qualcomm's various R&D projects aimed at making 5G technology ubiquitous over the next few years — It was easy to call 5G inevitable. Whatever it was, some next-generation cellular technology was certain to follow 2G, 3G, and 4G into the mainstream of global life.
Tweets: @natetibbits, @bassilelkadi, and @horwitz
| Srividya Kalyanaraman / AmericanInno: |
CIMCON Lighting, whose smart city platform simplifies the deployment of sensors, cameras, and other devices, such as Wi-Fi access points, raises $33M Series C — Burlington-based smart city solutions maker CIMCON raised $33 million in a Series C round led by Digital Alpha.
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PR Newswire, Smart Cities World, and Biometric Update
| Cyrus Lee / ZDNet: |
China Unicom and China Telecom, the two smaller mobile carriers among China's big three operators, are teaming up to build 5G networks across 15 Chinese cities — China Unicom has struck a deal with its rival China Telecom to build their 5G networks together to cut costs.| Nikhilesh De / CoinDesk: |
Winklevoss' crypto exchange Gemini launches Gemini Custody, a custody service targeting financial institutions, with support for 18 cryptocurrencies — The Gemini exchange is launching an institutional-grade crypto custody solution, according to an announcement Tuesday.| Brooks Barnes / New York Times: |
SEC filing: Walt Disney Company CEO Bob Iger has resigned from Apple's board — LOS ANGELES — Robert A. Iger, Disney's chief executive and chairman, has resigned from the board of Apple, whose growing Hollywood operation would have made it harder for him to fully engage as one of its directors.
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Hollywood Reporter, The Daily Dot, SEC, CNBC, MacDailyNews, iPhone in Canada Blog, TechSpot, CNN, Philip Elmer‑DeWitt, Axios, Gizmodo, AppleInsider, Engadget, The Verge, The Hill, Telegraph, Fortune, Cult of Mac, Business Insider, Slashdot, iDownloadBlog.com, Patently Apple, iMore, MacRumors, TechCrunch, 9to5Mac, Silicon Valley Business …, and iClarified
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Kulkan Security:
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Zoho:
App spotlight: Devart ODBC for Zoho CRM — An efficient CRM tool helps sales teams maintain strong customer relationships. However, for a business to leverage a CRM fully, it needs to be connected with other databases to ensure a smooth two-way data flow.
App spotlight: Devart ODBC for Zoho CRM — An efficient CRM tool helps sales teams maintain strong customer relationships. However, for a business to leverage a CRM fully, it needs to be connected with other databases to ensure a smooth two-way data flow.
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Donate to Mastodon — Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you. Donate directly with a credit card or through Patreon.
Donate to Mastodon — Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you. Donate directly with a credit card or through Patreon.Who's Hiring In Tech?
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