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October 21, 2018, 8:00 PM
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memeorandum
WeSmirchTop News
| Fred Wilson / AVC: |
Recent news serves as a reminder that operators in startups and venture capital should work to ensure their investors are not bad actors — I got an email from the CEO of one of our portfolio companies last week. — It asked a very basic question, but one that I don't recall being asked before:
Tweets: @austinfish, @anildash, @avyfain, @saraashleyo, @aliasaria, @evanwolf, @semil, @nitashatiku, @bobbierman, @mdudas, and @semil
| The Information: |
Sources: Facebook is stepping up efforts to buy a major cybersecurity firm and has approached several companies about an acquisition — In an effort to repair its tattered reputation around data protection, Facebook is stepping up efforts to acquire a major cybersecurity firm, according to four people familiar with the matter.| New York Times: |
Sources: Saudis groomed a Twitter employee to spy on accounts of dissidents; he was investigated and fired in Dec. 2015 after Western intelligence warnings — Each morning, Jamal Khashoggi would check his phone to discover what fresh hell had been unleashed while he was sleeping.
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Business Insider, CNET, TechCrunch, Gizmodo, Bloomberg, Mashable, Engadget, The Verge, Vox, Deadline, and The Hill
| Robert Hackett / Fortune: |
dYdX, a startup that develops decentralized financial derivative products on Ethereum blockchain, raises $10M Series A led by a16z crypto and Polychain Capital — A startup called dYdX has raised $10 million in funding from investors to develop financial software that allows people … | Bloomberg: |
Source: Plaid, which makes tools to let clients like Venmo and Coinbase authenticate accounts and check balances, is raising $200M at a valuation of up to $3B — Plaid Technologies Inc. is in talks to raise $200 million and the valuation of the deal is rising as venture investors vie to bankroll the startup.| Jake Swearingen / New York Magazine: |
Joshua Schachter on inventing tags for bookmarks, selling Del.icio.us to Yahoo in 2005, and Yahoo's mismanagement of the service before its 2017 shutdown — As told to , Jake Swearingen @JakeSwearingen — Joshua Schachter's groundbreaking social-bookmarking site Del.icio.us, founded in 2003 …
Tweets: @mbeckett, @jenny8lee, @simonowens, @csertoglu, and @nymag
| Dean Takahashi / VentureBeat: |
SoftBank Group COO Marcelo Claure and Arm CEO Simon Segers talk about the present and future of Arm, IoT growth, while trying to dodge Saudi-related questions — SoftBank, one of the world's biggest tech companies and startup investors, believes we'll have a trillion connected devices by 2025.
More:
CNN
| Wall Street Journal: |
A look at traditional automakers' attempts to reimagine themselves as software and service companies, in order to fend off rivals like Uber and Waymo — As IPO proposals value Uber at an eye-popping $120 billion, auto makers are racing to gain ground in everything from car sharing to driverless technology.
Tweets: @sub8u
| Lindsay Fortado / Financial Times: |
Tiger Global raises $3.75B for its latest VC fund, which surpassed its initial target of $3B; focus to include consumer internet and industry-specific software — Tiger Global has raised $3.75bn for its latest venture capital fund, surpassing its initial target of $3bn and making …
Tweets: @mdudas
| Jon Brodkin / Ars Technica: |
Broadband lobbying groups sue Vermont over its law that requires ISPs to follow net neutrality principles in order to qualify for government contracts — State law says ISPs must follow net neutrality to get government contracts. — The nation's largest broadband industry lobby groups … | Giles Turner / Bloomberg: |
Brazil-based Loggi, a fast delivery services platform matching couriers with shippers, is raising a $111M round, with SoftBank's Vision Fund contributing $100M — - Loggi notching up to 3 million deliveries a month: CEO — Sao Paulo-based startup to invest in engineers, robotics| Issie Lapowsky / Wired: |
Interview with Brian Amerige, the former Facebook employee whose memo accusing the company of being a political monoculture led to fierce internal debate — AT ONE POINT this summer, Brian Amerige seemed destined to become the next James Damore. — Like Damore, the Google engineer who wrote …
Facebook: Brian Amerige. Tweets: @issielapowsky, @issielapowsky, @issielapowsky, @brianamerige, @issielapowsky, @nitashatiku, @lizthegrey, @carnage4life, @caitlin__kelly, and @anildash
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