Techmeme
February 11, 2019, 2:40 AM

Top News

David Pierce / Wall Street Journal:
Hands-on with AR navigation on Google Maps that the company is testing with Local Guides, a group of power users helping Google improve its Maps experience  —  The coming Google Maps augmented-reality navigation feature will look through your phone's camera to figure out where you are and show you where you are going.
Mark Suster / Both Sides of the Table:
VCs raised $55B in 2018, similar to what was raised in 1999, but most of the increased funding went into growth rounds, which are effectively private IPOs  —  I've heard a lot of people question whether there is too much money in venture capital chasing too few great deals.
Charlie Osborne / ZDNet:
US Army starts deploying FLIR's Black Hornet nano-drones that measure 6.6" across, weigh less than 33 grams, and provide HD photos and live video for soldiers  —  Black Hornets are nano-drones able to perform reconnaissance during combat operations.  —  The US Army aims to give almost …
Tim O'Reilly / Quartz:
Hoffman and Yeh's “Blitzscaling” offers practical advice for startups but presents a lot of revisionist history and ignores the perils of VC-fueled hypergrowth  —  The pursuit of monopoly has led Silicon Valley astray.  —  Look no further than the race between Lyft and Uber to dominate the online ride-hailing market.
Dean Takahashi / VentureBeat:
Q&A with Zynga's CEO on the once-beleaguered game company's turnaround, as key acquisitions and the shift to mobile overcome declining Facebook and web games  —  Zynga went public in 2011 and it grew quickly on the strength of social games like FarmVille.  But it hit the skids in 2013, and it began going downhill.
Andrii Degeler / Tech.eu:
Milan-based automotive e-commerce startup brumbrum, which uses AI to source and price vehicles, raises €20M led by Accel to expand across Europe  —  Milan-based automotive e-commerce startup brumbrum has raised €20 million in a funding round led by Accel, with participation from Bonsai Ventures …
Ben Thompson / Stratechery:
Spotify's bet on Gimlet and Anchor gives it a foothold into podcasting to apply its listener-monetization skills without worrying about sending money to labels  —  Credit Spotify CEO Daniel Ek with honesty; in a blog post announcing a major move into the podcast space, Ek wrote:

Sponsor Posts

Smartsheet:
The Cloud is Changing Accountability for Good  —  The cloud has transformed a tedious, manual process into something that any knowledge worker can do.  Accountability has never been easier to track.
Zoho:
Zoho Analytics + HubSpot: One of the fastest growing integrations of 2018  —  Back in January 2018, Zoho Analytics integrated with HubSpot CRM to provide powerful sales analytics.
Chromebook:
If you're over the old way of doing things  —  With Family Link on Chromebook, parents have a new, easy way to set digital ground rules and help children create healthy online habits.
Techmeme Leaderboards:
Find out who the top reporters are in 40 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.

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Victor Luckerson / The Ringer:

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