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☆ UJET: 2022 Top Startups for the Enterprise
  + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: +1 min
Former Motorola and Jawbone executive Anand Janefalker founded UJET to transform the customer experience, applying AI and data analytics to a world in which brands are increasingly relying on technology to make omnichannel service faster and more efficient. Instacart, PayPal's Zettle, Wag!, Money Lion, Turo and Atom Tickets are among clients using UJET across voice, digital and in-app platforms. Investors include some of Silicon Valley's elite, such as Kleiner Perkins and GV (formerly Google Ventures). The 2022 Top Startups for the Enterprise list is powered and inspired by the members of CNBC's Technology Executive Council (TEC). Learn more about CNBC Councils.
☆ Startups, Investors Bet on Remote Work Future
  + stars: | 2022-11-03 | by ( Angus Loten | ) www.wsj.com   time to read: +6 min
Even as more employers signal an end to remote work, tech startups and their investors are betting that it is here to stay, offering a range of digital tools designed to support a permanent workforce outside of the office. “Investors are super-pumped on remote,” Mr. Salam said. “Remote work is a durable phenomenon,” said Ravi Gupta, a partner at Sequoia who led the firm’s investment in Remote. Mr. Riggs said Frameable currently has hundreds of commercial customers, who rent its software with rates varying by the number of users. “I may be a bit biased, but I absolutely believe remote work is here to stay,” said Remote’s Mr. van der Voort.
☆ Investor Vinod Khosla says focusing on 2030 climate targets is the wrong approach
  + stars: | 2022-10-25 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +7 min
Why Khosla thinks short-term goals are a mistakeFocusing on "short term goals will force us to deploy suboptimal technology," Khosla told CNBC. And if it doesn't do that, it's the wrong technology," Khosla told CNBC. Nuclear fusion is one example of the kind of breakthrough technology Khosla considers critical, but which will not be commercialized by 2030. "But I'm not interested in today's geothermal, because it is such a niche — it doesn't scale," Khosla told CNBC. And that's what we need," Khosla said.
☆ Silicon Valley's not-so-secret thing for turning everyone into millionaires is angel investing. Here's how they do it.
  + stars: | 2022-10-11 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +10 min
Once only for the superrich, angel investing is now open to anyone with a few thousand dollars. With an estimated 360,000 active angel investors, it's become a favorite pastime in Silicon Valley. "It felt like gambling," David Spreng, a veteran venture-debt investor who's been angel investing as a side hustle for more than a decade, said. He wrote his first angel check shortly thereafter, a $1,000 investment in an electric-aircraft maker. The currency of Silicon Valley"Your currency, for lack of a better term, in Silicon Valley is you either started a company or you angel invest, right?"
☆ Meet Dylan Field, the 30-year-old college dropout who built Figma, one of Silicon Valley's most beloved companies, and is set to become a billionaire when it sells for $20 billion to Adobe
  + stars: | 2022-09-20 | by ( Paayal Zaveri | ) www.businessinsider.com   time to read: +7 min
Adobe's $20 billion bid to buy Figma makes CEO Dylan Field's stake worth $2 billion. When the design-software startup Figma was just starting out, Dylan Field, its cofounder and CEO, and his colleagues would pitch prospective customers' design teams, but they struggled with one major problem. While customers were excited about Figma's product, they hesitated to switch from existing tools. Now, Adobe's $20 billion bid to buy Figma makes Field's stake in the company worth $2 billion. Field's rise to successEvan Wallace and Dylan Field are the cofounders of Figma.
☆ Meet Dylan Field, the 30-year-old college dropout who built Figma, one of Silicon Valley's most beloved companies, and then will become a billionaire when it sells for $20 billion to Adobe
  + stars: | 2022-09-20 | by ( Paayal Zaveri | ) www.businessinsider.com   time to read: +7 min
When design-software startup Figma had just started out, cofounder and CEO Dylan Field and his colleagues would pitch potential customers' design teams, but they struggled with one major problem. While customers were excited about Figma's product, they hesitated to switch from existing tools. Now, Adobe's $20 billion bid to buy the design software startup makes Field's stake in the company worth $2 billion. Field's rise to successEvan Wallace and Dylan Field are the cofounders of Figma. After taking time off to do a product design internship at news-sharing service Flipboard, he decided not to return to school.
☆ The quiet success of Tecton, a $900 million startup, has turned rivals Snowflake and Databricks into co-investors — and fanned a fierce debate over the future of AI
  + stars: | 2022-09-20 | by ( Matthew Lynley | ) www.businessinsider.com   time to read: +6 min
Tecton, which specializes in a technology called feature stores, was a more divisive subject among industry insiders. Both Databricks and Snowflake have invested heavily in real-time data pipelines, including in Tecton's latest funding round. But it was hardly alone among machine-learning startups in commanding a high valuation with nominal revenue. Many investors wondered whether Tecton's feature stores were "a feature, not a product," as Steve Jobs famously called Dropbox. That skepticism remains, and some insiders expect a roll-up of overvalued machine-learning startups that attack one piece of the workflow, including Tecton.
☆ Adobe's $20 billion deal to buy Figma is one of the biggest ever for a venture-backed startup. Early VC investors like Index Ventures, Greylock, and Kleiner Perkins stand to win big.
  + stars: | 2022-09-15 | by ( April Joyner | ) www.businessinsider.com   time to read: +2 min
Adobe is buying the design-software startup Figma for $20 billion. Its early backers, including Index Ventures and Greylock, are likely to see big returns as a result. In a sleepy period for initial public offerings and blockbuster acquisitions, Adobe's $20 billion deal to acquire the design-software company Figma stands out. The acquisition is likely to be a sweet deal for early investors such as Kleiner Perkins, Index Ventures, and Greylock Partners. And now, Adobe is paying $20 billion, a combination of cash and stock, which is twice Figma's last known valuation.
☆ Upcoming live events at Insider
  + stars: | 2022-01-19 | by ( Business Insider | ) www.businessinsider.com   time to read: +6 min
Below is a list of our upcoming in-person and virtual events, including exclusive fireside chats, compelling panels, and reporter Q&As. Featured Events for Sustainability & Climate ActionInsider Introducing the Optimist's Destination for Climate ActionApril 10, 2023 | 3 PM ETDetails to come! InsiderFor a Better Future: Bridging Culture, Business, and ClimatePresented by DeloitteApril 25, 2023 | 12 PM ETDetails to come! Panelists from Tinuiti, Jungle Scout, Bobsled Marketing, and Cure Hydration will discuss what this trend means — watch hereHow advertisers can navigate the death of the third-party cookie. To submit a potential speaker for an upcoming event, please complete this form.
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