Techmeme: Money Doesn't Talk. Why Most Startups Aren't Announcing Their Seed Financings (Hunter Walk)

Open Links In New Tab

Mobile Archives Advertise Site News

June 10, 2014, 11:35 PM

Top News

Deepa Seetharaman / Reuters:

Exclusive: Amazon.com plans local services marketplace this year - sources — (Reuters) - Amazon.com Inc later this year plans to launch a marketplace for local services, a broad term that encompasses anything from babysitters to handymen to birthday clowns, beginning with a single market, several people familiar with the matter said.

More: TechCrunch, Ubergizmo, Gizmodo, TechSpot, Forbes, Engadget, VentureBeat, Ars Technica, The Verge and WebProNews

Liz Gannes / Re/code:

Google Pays $500M for Satellite Maker Skybox, for Photos and Eventually Internet Access — Google said on Tuesday it had bought Skybox Imaging, a company that provides high-resolution photos using satellites, for $500 million in cash. — Google explained the deal as such …

Robinson Meyer / The Atlantic Online:

Google's interest in Skybox? Global internet access and a cloud service of its own

More: Gizmodo and VentureBeat. Tweets: @theatlantictech. Thanks:@alexismadrigal

Ann-Christine Diaz / AdAge:

Apple is urgently building an internal ad agency of 1000 people, poaching industry executives, pitting internal creative against external agencies — For Apple, Marketing Is a Whole New Game — Here's What the Company's Doing to Regain Its Edge — By Ann-Christine Diaz, Maureen Morrison.

More: The Register, Engadget, Ubergizmo, iPhone in Canada Blog, 9to5Mac, Gigaom, Cult of Mac, bizjournals, VentureBeat, The Verge, AppleInsider, iDownloadBlog.com, iMore, iPhone, Re/code, iPhone Hacks, MacRumors, Business Insider, BGR, iLounge, MacNN and App Advice. Tweets: @fromedome

Nathan Ingraham / The Verge:

Honeywell takes on Nest with $279 Lyric smart thermostat, available in Lowe's stores by August — The heat is on: Honeywell is finally ready to challenge the Nest thermostat — The Lyric thermostat builds on Nest's iconic design — The idea of a connected home …

More: The Next Web, San Francisco Chronicle, TechHive, PR Newswire, MobileSyrup.com, Engadget, Gigaom, iPhone in Canada Blog, PandoDaily, BetaNews, Technologizer, 9to5Mac, Electronista, TIME, VentureBeat, Phandroid, Connectedly, Wall Street Journal, VatorNews, SlashGear, SlashGear, BGR and Gizmodo

Tweets: @ryan and @ryan

Liz Stinson / Wired:

Preorders open for Ringly, a $145-180 Bluetooth ring that vibrates and blinks with phone notifications — This Jewelry Lights Up and Buzzes When Your Phone Needs You — We've all done it: You're at a restaurant, enjoying a nice moment with a friend when all of a sudden you hear your phone buzz.

More: MacRumors, VentureBeat, Business Insider, PandoDaily, TechCrunch, Thisisgoingtobebig.com, Crowdfund Insider, CNET News, Electronista, Ubergizmo, Entrepreneur, Wall Street Journal, Digital Trends and tech.co. Tweets: @fmanjoo

Hunter Walk:

Money Doesn't Talk. Why Most Startups Aren't Announcing Their Seed Financings — Most of the startups we've backed at Homebrew don't rush to announce their funding. Not because they're all operating in stealth or pre-product - in fact some already are earning $1m+ in revenue per annum.

Tweets: @adrianblake, @bobbyisaacson, @fabianhansmann and @romainlavault

Mike Butcher / TechCrunch:

Index Ventures Raises New $550M Early-Stage Fund For Europe, The US And Israel — Index Ventures has announced a new early-stage, €400 million ($550 million) fund aimed at tech startups in Europe, US and Israel. This is its seventh early-stage fund and part of a total €3 billion …

More: CNET News, The Next Web, Forbes, Wall Street Journal, Guardian, Techworld.com, Bloomberg, Financial Times, New York Times and Business news

Josh Constine / TechCrunch:

Dropbox For Business Acquires MobileSpan To Make Bring-Your-Own-Device More Secure — Dropbox has just acquired MobileSpan, a startup that helps enterprise employees access corporate firewalled content securely. MobileSpan will shut down at the end of 2014, and active development will cease immediately.

More: MobileSpan, VentureBeat, Gigaom, CITEworld Matt Weinberger and ZDNet. Tweets: @joshconstine

Liz Gannes / Re/code:

Pinterest hires veteran Apple executives Michael Lopp and Bob Baxley to lead engineering and product design — Pinterest Hires Long-Time Apple Execs to Lead Engineering and Product Design — You might think that with its $5 billion valuation, Pinterest would have its senior management largely set.

More: TechCrunch, VentureBeat, Gigaom, Engadget, bizjournals and internetretailer.com

Tweets: @bbaxley, @rands and @twatson

Mike Masnick / Techdirt:

How a credulous media repeated dubious claims of a Turing Test milestone — No, A ‘Supercomputer’ Did NOT Pass The Turing Test For The First Time And Everyone Should Know Better — So, this weekend's news in the tech world was flooded with a “story” about how a “chatbot” passed the Turing Test for …

More: Wired, The Daily Beast, Telegraph, Wall Street Journal, Computerworld, Neowin, Slate, Business Insider, New Yorker, Washington Post, New Scientist, NPR, Guardian, InvestorPlace, The Atlantic Online and The Tech Report

Tweets: @ksigler and @donttrythis

See also Mediagazer

Sam Gustin / Motherboard:

The FCC Was Hacked After John Oliver Called for Net Neutrality Trolls — When HBO host John Oliver called for Internet trolls to deluge the Federal Communications Commission with comments about net neutrality, he may not have expected for the FCC's site to get shut down.

More: Engadget, The Verge, Search Engine Watch and Forbes. Tweets: @digiphile

Dan Frakes / Macworld:

Longtime Apple-accessory distributor Dr. Bott files for bankruptcy — Online retailer and distributor Dr. Bott, a fixture in the Apple-accessory market since the late 1990s, has filed for Chapter 11 bankruptcy in its home state of Oregon, according to public records and information provided to Macworld.

More: The Mac Observer

David Kravets / Ars Technica:

Google's university book scanning can move ahead without authors' OK — A federal appeals court on Tuesday upheld the right of universities, in conjunction with Google, to scan millions of library books without the authors' permission. — The 2nd US Circuit Court of Appeals …

More: Techdirt and Gigaom. See also Mediagazer

Dan Rayburn / StreamingMediaBlog.com:

New Data Questions Netflix's Assertion That ISPs Are At Fault For Poor Quality — In the Netflix versus ISPs peering dispute, there are a lot of opinions and debate around who's at fault for letting some peering points degrade and who should be responsible for upgrading them.

Thanks:@danrayburn

Josh Constine / TechCrunch:

Lady Gaga's Backplane Pivots To Let You Build And Monetize Your Own Social Network — Why should Facebook or Ning earn the money if you bring the audience? Backplane wants to put that cash in your pocket. That's why it's pivoting from building social networks for big brands and celebrities …

Tweets: @mcmichelsen

Chance Miller / 9to5Google:

Entirely new 1Password for Android app now available with redesigned interface, totally free until August 1 — After teasing the redesign earlier this year, 1Password has finally launched a much-needed update to its Android app. Prior to this update, 1Password on Android was hideous, to say the least.

More: Agile Blog, PC World, The Verge, PhoneDog, Business Insider, Droid Life, Android Central and Lifehacker

Paul Carsten / Reuters:

UCWeb says Alibaba to buy remainder of Chinese mobile browser firm — A woman stands next to a door inside the headquarters of Alibaba in Hangzhou, Zhejiang province, April 23, 2014. — (Reuters) - China's Alibaba Group Holding Ltd will acquire the shares of mobile browser firm UCWeb …

More: The Next Web and TechNode

Stephen Shankland / CNET News:

Google demotes Chrome feature that would hide full Web addresses — Those who want their browser to show Web sites' full addresses gain a victory as Google opts to put the “origin chip” idea on the back burner. — The actions Google takes with its Chrome browser cast a long shadow.

More: The Register, Daring Fireball and 9to5Google. Tweets: @digiphile

David Pierce / The Verge:

Samsung Chromebook 2 review: excellent portability & battery, processor struggles to multitask — Samsung Chromebook 2 review — Still waiting for the truly great, truly beautiful, truly portable Chromebook — Two years ago, Samsung made the first great Chromebook.

More: Computerworld and Softpedia News

Jon Fingas / Engadget:

Formlabs' second-gen pro 3D printer is 50 percent faster — Formlabs' Form1 was a top dog among 3D printers when it first shipped, but others have stepped up their game in the past year. It's about time for an upgrade, don't you think? Appropriately, the company has just unveiled the Form1+ …

More: formlabs.com, Gigaom, PC Magazine, Maximum PC, Computerworld, TCT, Cool Hunting, PR Newswire and 3DPrint.com

Ingrid Lunden / TechCrunch:

Amobee Buys Adconion For $235M And Kontera For $150M In Consolidation Play — Another day, and another two big acquisitions in the digital advertising industry. Amobee, a mobile ad company acquired by Singapore's main carrier SingTel two years ago for $321 million, is buying …

More: Re/code, The Next Web, MarketWatch, a•mo•bee, Reuters and socalTECH.com. Thanks:@aurlibokovza

Larry Dignan / ZDNet:

Oracle preps Database 12c in-memory option: Can it fend off rivals? — Summary: If Oracle can stop rivals in their tracks on the real-time analytics front, the company's database — under fire from open source alternatives — will keep customers for multiple investment cycles.

More: eWeek, Oracle, Computerworld, New York Times, Bloomberg, Gigaom, VentureBeat, The Register, V3.co.uk, Reuters and InformationWeek

Ingrid Lunden / TechCrunch:

About.me Raises $11M To Rival Facebook For Simple Online Identity — About.me, the second-time around startup that lets you create a simple page about yourself online that others can use to find out a bit more about you, is today announcing another round funding, its second since getting spun …

More: Re/code, VentureBeat, tech.co, Feld Thoughts, PE Hub Blog and True Ventures. Thanks:@drew

Sponsor Posts

Soxton:

Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!

F5:

Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.

Zoho:

Zoho RPA named a Leader in the 2026 RPA Technology Value Matrix by Nucleus Research — Zoho RPA has been named a Leader in the 2026 RPA Technology Value Matrix, published by Nucleus Research …

IDrive:

Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Sponsor Techmeme

Featured Podcasts

Big Technology Podcast:

SpaceX's IPO Triumph, Anthropic's Fable Fumble, OpenAI's Price War

The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.

Subscribe to Big Technology Podcast.

Access:

A top iPhone app developer reacts to Apple's new Siri

A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.

Subscribe to Access.

Hard Fork:

'Hard Fork' Live, Part 1: Satya Nadella and Cindy Cohn

The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.

Subscribe to Hard Fork.

The Upstarts Podcast:

TBC's Alex Ksendzovsky: The Neurosurgeon Using Brain Cells To Build Better AI

Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.

Subscribe to The Upstarts Podcast.

BG2 Pod:

The SpaceX IPO, Fable 5, AI Capex Update & Market Check w/ Gavin Baker, Andrew Fox & Clark Tang

Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.

Subscribe to BG2 Pod.

Tools and Weapons with Brad Smith:

AI's Mythos Moment: Rishi Sunak on preparing governments for AI

Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.

Subscribe to Tools and Weapons with Brad Smith.

Add your podcast here

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:35 PM ET, June 10, 2014.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.