DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Lightspeed"


25 mentions found


☆ ChatGPT introduced AI to the masses and it's already affecting us
  + stars: | 2023-02-02 | by ( Magdalena Petrova | ) www.cnbc.com   time to read: +2 min
ChatGPT is part of a growing field of AI known as generative AI. Funding for generative AI companies reached $1.37 billion in 2022 alone, according to Pitchbook. "Generative AI is very different. But generative AI still faces a number of challenges, including developing content that is inaccurate, biased or inappropriate. Watch the video to learn more about how generative AI like ChatGPT works and what the technology may mean for businesses and society as a whole.
☆ Lawsuits over Stability AI's Stable Diffusion could threaten the future of AI-generated art
  + stars: | 2023-01-25 | by ( Asia Martin | ) www.businessinsider.com   time to read: +7 min
Stability AI, the startup that makes the popular AI art tool Stable Diffusion, faces two lawsuits. The company's most well-known product is the controversial Stable Diffusion (also known as DreamStudio to users). Enter text into a search bar, and Stable Diffusion will, for a lack of a better word, draw an image to match, right on the spot. What's old is new againStability Diffusion released Stability AI in August, a time when the generative-AI market was starting to heat up. Mostaque's tweet added that Stability AI would offer "opt outs" and use alternate datasets and models with content licensed under the more-permissive creative-commons copyright process.
☆ Exclusive: 3 of Carta's top executives filed complaints about gender discrimination and retaliation in a matter of months
  + stars: | 2023-01-25 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +7 min
Three former employees filed complaints alleging gender discrimination at Carta. In a statement she told Insider that she was not fired and did not leave the company due to any gender discrimination issues. "I do not feel that I experienced any gender discrimination or any unfair or sexist treatment during my employment at Carta," she said in the statement. Shortly after Johnson's firing, Carta's chief technology officer, Jerry Talton, filed a complaint with Carta's board expressing concerns about her termination and about larger issues of gender discrimination and retaliation at the company. Carta's internal investigationFollowing Talton's complaint, Carta hired the white-shoe law firm Paul, Weiss to investigate the claims, a person familiar with the matter said.
☆ How VC Moritz Baier-Lentz went from being one of the world's best professional gamers to the new head of Lightspeed's gaming practice
  + stars: | 2023-01-18 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
Moritz Baier-Lentz is joining Lightspeed Venture Partners as a partner to lead its gaming practice. Before becoming a top gaming investor, he was the top global professional "Diablo II" player. But he ditched his competitive gaming career for a more traditional career path in business. Lightspeed Venture Partners' newest partner Moritz Baier-Lentz has been a prominent gaming investor for years, orchestrating deals for big banks like Goldman Sachs and backing startups in the gaming space as an early-stage venture investor at BITKRAFT Ventures. Baier-Lentz put his gaming career on pause to go to college and then went on to work as a data manager for IBM.
☆ The CTO of Carta alleged 'problems with the culture' at the $7 billion startup. Now the company's suing him, accusing him of corporate espionage and inappropriate sexting.
  + stars: | 2023-01-11 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +5 min
The lawsuit accuses Talton of secretly recording a company executive and sharing it with a former employee that was threatening to sue the company. The suit doesn't elaborate on the problems alleged and a spokesperson for the company declined to answer Insider's questions on the matter. Lindauer was copied on the email, seemingly by mistake, cluing company executives into the fact that Talton possessed surreptitious recordings of company executives. The company demanded, through Talton's attorney, that he turn over any recordings or transcripts of company executives. The lawsuit also accuses Talton of inappropriate "sexting" and contains sexually explicit text messages obtained through a forensic review of his work laptop.
☆ Pitch Decks That Advertising Tech Startups Used to Raise Millions
  + stars: | 2023-01-10 | by ( Business Insider | ) www.businessinsider.com   time to read: +19 min
Check out these pitch decks that they've used to sell their vision and raise millions from private equity and VC investors. Blocking ad fraudAdtech startup Lunio, announced a $15 million Series A funding round in September 2022. In May 2022, the software-as-a-service startup raised a $30 million Series B round, led by Insight Partners. Marketing in the metaverseAnima, an augmented-reality startup, raised a $3 million funding round from investors in Janury. He raised $50 million in Series D after closing a $34 million Series C last year, bringing its total raised to $100 million.
☆ These 61 fintechs are primed to take a big step in 2023, according to top investors
  + stars: | 2023-01-10 | by ( Bianca Chan | Asia Martin | Emilia David | ) www.businessinsider.com   time to read: +1 min
Insider asked more than 40 top fintech investors to nominate the most promising fintechs. Here are the 61 most promising fintechs. Insider surveyed 43 investors — including those from Bain Capital Ventures, Lightspeed Venture Partners, and QED Investors — about the most promising fintechs to watch. Global fintech funding dropped to $20.4 billion in the second quarter, falling 46% from last year, according to data from CB Insights. Check out the 61 fintechs identified as most promising by top investors.
☆ Meet 22 women who made partner in 2022 in Europe's male-dominated VC ecosystem where men outnumber women by 6 to 1
  + stars: | 2023-01-04 | by ( Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com   time to read: +3 min
We profiled 22 women to watch this year that were made partner at VC firms in 2022. Around 70% of women GPs have carried interest, a report by European Women in VC found last year. This effectively means that women GPs carry less firepower than their male counterparts, she added. We have profiled the women who climbed the ranks in Europe's male-dominated ecosystem, and were made partner in 2022. Due to the scale of Europe's VC sector, we no doubt missed out on some first-time partner promotions during 2022.
☆ AI is the most exciting consumer tech breakthrough since the iPhone, says Lightspeed's Mignano
  + stars: | 2022-12-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI is the most exciting consumer tech breakthrough since the iPhone, says Lightspeed's MignanoMichael Mignano, Lightspeed Partners, joins 'Closing Bell' to discuss what makes a successful start up, attractive industries in the private markets and where AI is headed.
☆ In recent years, investors have poured billions into the burgeoning region of central and eastern Europe. Here's why they're so excited about this startup hotbed.
  + stars: | 2022-12-30 | by ( Stephanie Palazzolo | ) www.businessinsider.com   time to read: +4 min
VCs have flocked to central and eastern European startups for their efficiency and technical talent. Central and eastern Europe includes countries like the Czech Republic, Hungary, Slovenia, Romania, Russia, and Ukraine, according to the World Atlas. The promise of central and eastern Europe starts with a surplus of strong engineering talent, Vaswani said. "Eastern Europe is the former Communist Bloc, and during communism, one of the dangerous things for the communist regimes were humanistic subjects," Bartos said. Additionally, central and eastern European startups are often more capital-efficient due to lower personnel and living costs, an advantage that founders like Jendruszak have leveraged firsthand.
☆ Without radical changes, TikTok could vanish from the US
  + stars: | 2022-12-30 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +4 min
From burnout among open-source developers to the downfall of Andreessen Horowitz's buzzy tech publication, Future, it's a packed edition. The worker told Insider that they used "exam dumps" to pass technical certifications, and that the answers were easy to find online with a quick Google search. This year, developers told us that they're fed up, and some are quitting and even sabotaging their own projects. Despite the 10% raise, doled out in April, Mailchimp employees told Insider that people nonetheless felt belittled and were quitting in droves. Earlier this year, Andreessen Horowitz's buzzy tech publication Future shut down.
☆ Think long-term, grab land, watch your runway: Here's how European VCs are advising their founders ahead of a looming recession
  + stars: | 2022-12-29 | by ( Tasmin Lockwood | Callum Burroughs | ) www.businessinsider.com   time to read: +4 min
Sequoia's iconic 2008 'R.I.P Good Times' presentation still rings true for some investors. Good Times" presentation from 2008. "Because people are so programmed with the whole RIP Good Times thing, the nuance gets lost sometimes." Magda Lukaszewicz, principal at Balderton, echoed this – even if it takes companies longer to achieve said goals. Sequoia's "RIP Good Times" ends on a bleak note: Get Real or Go Home.
☆ The fintech reckoning is upon us. Here’s what to expect next year
  + stars: | 2022-12-28 | by ( Hugh Son | ) www.cnbc.com   time to read: +9 min
Many fintech companies — particularly those dealing directly with retail borrowers — will be forced to shut down or sell themselves next year as startups run out of funding, according to investors, founders and investment bankers. Other private companies with a reasonable path to profitability will typically get funding from existing investors. The frenzy peaked in 2021, when fintech companies raised more than $130 billion and minted more than 100 new unicorns, or companies with at least $1 billion in valuation. "20% of all VC dollars went into fintech in 2021," said Stuart Sopp, founder and CEO of digital bank Current. "The competitive landscape shifts the most during periods of fear, uncertainty and doubt," said Kelly Rodriques, CEO of Forge, a trading venue for private company stock.
☆ The VC dream machine pumped out one dumb startup after another. 2023 should put an end to that.
  + stars: | 2022-12-21 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +6 min
2023 should curtail the current flow of bad startup ideas. The way it roughly works is to bet millions across lots of startups in the hope one of them blows up and returns that cash. 'Fewer insane ideas'We are no longer in a low-interest-rate market, meaning startup investors who could once rely on generous backers will have to be more cautious about how they spend their money. They do have lots of money, with an estimated $290 billion of capital available to them in October, according to Pitchbook data. But Kniaz senses a shift in motion: "This next year will show which emperor has clothes on or not.
☆ The 14 retail-tech startups that will soar in 2023, according to investors from Forerunner, Lightspeed, and others
  + stars: | 2022-12-19 | by ( Madeline Stone | ) www.businessinsider.com   time to read: +1 min
Insider asked prominent investors about the retail-tech startups they're excited about for 2023. They named startups working in payments, marketing, logistics, and more. They see opportunity in investing in startups working to simplify online selling, especially in a time of economic uncertainty. Insider asked 10 investors about the retail-tech startups they think will take off next year. They named startups solving a number of different problems for online sellers, from marketing and automation to payments technology.
☆ VCs say superpowered software, a dearth of new funds, and rampant M&A among the tech trends to watch in 2023
  + stars: | 2022-12-12 | by ( Melia Russell | ) www.businessinsider.com   time to read: +1 min
We asked investors from firms like Accel, Sequoia, IVP, and Lightspeed to share their forecasts. Party rounds are out, unicorns are in, and the venture market will get worse before it gets better. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Loading Something is loading. We asked them to reveal the hot sectors they're eyeing, the trends that will fizzle, and the new realities of fundraising — for both startups and venture fund managers — in a tech downturn.
☆ Elon Musk is bringing in new faces for Twitter 2.0 — including his cousins and Bari Weiss
  + stars: | 2022-12-08 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +5 min
The makeup of Elon Musk's Twitter is changing, and not just because the offices are now bedrooms. With the majority of the company's former staff having been laid off — or fired, or resigned — Musk has brought in some of his own picks to work at Twitter 2.0. There's more on the new faces at Musk's social media company below, so let's get to it. Elon Musk is bringing in new faces for Twitter 2.0. And these aren't the only new faces at Twitter — hundreds of people have applied for a chance to work at Musk's new company.
☆ 27 women in venture capital who made partner or higher at firms like Andreessen Horowitz and Lightspeed in 2022
  + stars: | 2022-12-07 | by ( Melia Russell | Stephanie Palazzolo | ) www.businessinsider.com   time to read: +1 min
But more firms made moves to close the gender gap in 2022, hiring and promoting female partners and general partners. PitchBook data indicates that the share of women in decision-making roles at venture firms held steady year over year, with women representing 16% of general partners at firms with over $50 million in assets. To toast their success, Insider is recognizing the women in venture capital who made partner or general partner for the first time in 2022. You can read more on Europe's new female partners here. Let us know who we missed — investing partners or general partners only, please — by contacting Melia Russell at mrussell@insider.com
☆ 4 college friends turned $1 million into a New York venture-capital empire backing tech's hottest unicorns. Here's how they did it.
  + stars: | 2022-11-29 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +8 min
Founded as the side project of four college friends, Eniac Ventures has become a major player in VC. They named the firm Eniac Ventures, after the first electronic computer, developed at the University of Pennsylvania's engineering school, where the four had met. What started as the side hustle of four college buddies has become a powerhouse of the venture-capital industry, backing some of tech's hottest unicorns. And Eniac has invested alongside some of the biggest names in venture, including Y Combinator, Lightspeed Venture Partners, and New Enterprise Associates. Vasen met the Eniac partners at an event they hosted for prospective founders at a Chinese restaurant in San Francisco.
☆ 7 recruiters at high-flying venture firms like Accel, Index, and Lightspeed share their best tips for jobseekers
  + stars: | 2022-11-24 | by ( Melia Russell | ) www.businessinsider.com   time to read: 1 min
"Be honest about why you need to find a new role"Lauren Illovsky is a talent partner at Gradient Ventures. Gradient VenturesPeople who get laid off might be tempted to try to hide it from recruiters. There's no need for tricks, said Lauren Illovsky, a talent partner at CapitalG, a firm that's backed by Alphabet. "In this climate, you don't need to worry about reputational damage from being let go due to a company restructuring or change in company priorities," Illovsky said. She tells people to treat a layoff like any other job transition.
☆ Kraken exec Ankur Ranshid just exited the high-profile crypto exchange. Here's why he left, and exclusive details on his new a16z-backed gig's $200 million funding round.
  + stars: | 2022-11-16 | by ( Morgan Chittum | ) www.businessinsider.com   time to read: +3 min
Matter Labs announced a $200 million Series C round, led by Blockchain Capital and Dragonfly. Kraken, which has a reported valuation of $10.8 billion, is trying to fill C-suite-level roles such as chief product officer, chief commercial officer, chief technology officer, and a chief compliance officer, Forbes reported last month. (The firm, however, told Insider in an email that the only existing vacant C-suite positions were chief product officer and chief compliance offer. Matter Labs' $200 million raiseFounded in 2018, Matter Labs is best known for developing a scaling protocol, or zero-knowledge rollup called zkSync. Matter Labs says nothing about the company's funding round or executive appointment has changed following this news.
☆ In a tech downturn, breakout stars of venture capital are going abroad to hunt for funding. Here's why.
  + stars: | 2022-11-14 | by ( Melia Russell | ) www.businessinsider.com   time to read: +9 min
The flow of capital motivated more investors to split from established firms and raise their own funds, but it hasn't always been easy. For years they've gone abroad to raise capital from limited partners, mostly wealthy individuals and family offices. This isn't new territory for international investors. He continues to use his personal wealth to back startups and venture funds mostly stateside, including Sequoia Capital, Andreessen Horowitz, and Brianne Kimmel's Worklife Ventures. Even those with ties to international investors may struggle to raise funds as fears of a global recession escalate.
☆ After FTX's collapse, VCs across industries are finally admitting to crypto's failures — and they're preparing for 'more blows to come'
  + stars: | 2022-11-14 | by ( April Joyner | ) www.businessinsider.com   time to read: +8 min
Investors stuck to crypto startups they considered "safe bets," but FTX's failure challenges that idea. Crypto startups held yacht parties through the summer and into early fall at events such as NFT.NYC and Messari Mainnet. "The whole crypto space is a high-leverage space, and it's susceptible to cascading failures." The events of the past week are unlikely to whet risk-averse LPs' appetite for crypto, investors told Insider. Even so, several investors who have backed crypto startups told Insider that despite the industry's recent travails, they remain believers in the technology.
☆ A Voyager investor says the FTX meltdown puts the bankrupt crypto lender's bailout in jeopardy, with $1.3 billion of customer assets on the line
  + stars: | 2022-11-10 | by ( April Joyner | ) www.businessinsider.com   time to read: +4 min
FTX US, led by Sam Bankman-Fried, was set to buy the assets of the bankrupt crypto-lender Voyager. Bankman-Fried tweeted Thursday that FTX US, which is a separate company from FTX, was "100% liquid." FTX US' bailout was set to offer some relief to Voyager's customers, who faced the complete loss of their crypto assets, with claims of about $1.8 billion in total. Furthermore, some FTX customers had reported issues making withdrawals from their accounts, raising concerns about FTX's liquidity. On Thursday, Bankman-Fried estimated that FTX only had 80% available in liquid assets of the roughly $5 billion in assets customers withdrew on Sunday.
☆ Sequoia Capital took a $213 million bath on FTX after the crypto exchange imploded. That's not that bad, VCs say.
  + stars: | 2022-11-10 | by ( Melia Russell | ) www.businessinsider.com   time to read: +6 min
FTX investor Sequoia Capital has marked down its position to $0 as the crypto exchange crumbles. Sequoia Capital now views its $213.5 million investment in FTX as worthless as the crypto exchange teeters on the brink of collapse after an eleventh-hour deal to salvage the business fell apart. "Somehow Sequoia capital turned a FTX write down to zero into a humblebrag. It invested $150 million into FTX through its third growth fund, which Sequoia said totaled less than 3% of that fund's capital commitments. In its letter to investors, Sequoia said it does "extensive research and thorough diligence" on every investment it makes.
<< prev 4 next >>
Total: 25