Monday, June 25, 2012

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The Anatomy Of A Pass, A Quantitative Analysis On Why A VC Passes

Jun 25, 1:08AM

It is an exciting time for early stage technology company building and venture capital.  Despite some early bumps in Facebook's recent IPO (my thoughts here), we are seeing something of a return in the IPO market, as Facebook, LinkedIn, Groupon, Zynga, Jive and others have gone out.  On the company formation side, founder momentum seems to be surging.  Every week, I learn about about new incubators and startup accelerators getting formed. Applications are surging to top tier incubators Y-Combinator, 500Startups, and TechStars. To be sure, it is an exciting time.


Thumbnails On Firefox's New Tab Page Could Expose Your Private Data, Fix Coming Soon

Jun 24, 10:35PM

firefox-beta-13-new-tabMozilla's Firefox 13 launched earlier this month and the latest version of the popular browser introduced a number of new features, including support for Google's SPDY protocol and a new homescreen and easy access to your most often used sites through the improved new tab page. That convenient new speed dial-like new tab page presents a bit of a security risk, however. As the Register reports, the thumbnails that accompany these links on the improved new tab page have the potential to leak personal information. The browser, it turns out, regularly takes screenshots of your browsing sessions to create these thumbnails (even while you are browsing a secure site) and, in the process, could potentially expose your private data like banking information or email subjects to anybody else who uses your computer.


Autism Expressed Helps Autistic Children Learn About The Internet

Jun 24, 10:00PM

Screen shot 2012-06-24 at 12.25.39 PMThe Internet is an incredibly powerful tool, but it's also a very dangerous place. Because of this, children with autism and other disabilities often can't leverage the power of the web, which is a place where you should be able to learn anything. But Autism Expressed, a startup we discovered on our TC Philly Mini Meetup, is looking to educate autistic children about the Internet so they can have a safe surfing experience and enjoy social media like the rest of us.


Inside Upwest Labs, The Startup Accelerator That Brings Israel To Silicon Valley [TCTV]

Jun 24, 9:00PM

Screen Shot 2012-06-24 at 12.52.30 PMThere is certainly no shortage of startup incubators and accelerators these days, but Silicon Valley's Upwest Labs is doing something especially unique. Upwest, which got off the ground in January, focuses on entrepreneurs with Israeli roots -- it brings them to Palo Alto, California for three months where they work around the clock to amp up their existing startups to Silicon Valley speed. Earlier this month Upwest held the demo day for its second-ever batch of companies, so we stopped by its office in the days after to get a firsthand feel for the program and see some of the companies that are now graduating out of the second class. In the video embedded above, you can watch our interview with Upwest Labs' co-founder Shuly Galili, and after the jump you can watch our video interviews with a handful of Upwest startups.


Fit Of Passion Lets You Buy Jeans Online… That Fit

Jun 24, 8:00PM

Screen shot 2012-06-24 at 11.54.47 AMBack at the Startup Alley at TechCrunch Disrupt New York this year, we discovered an awesome Israel-based startup called Brayola, which uses bras that ladies already own to help them find perfect-fitting bras online. But it would appear that a similar idea has been executed in a much more gender-blind and mainstream form. Fit Of Passion, a company we met at the Philly TechCrunch Mini Meetup, uses information you put in about jeans you already own to help you find and buy jeans online that actually fit.


Whatever Happened to Google's Android@Home?

Jun 24, 7:38PM

android_HOMEWith just a few days to go before Google's annual I/O developer conference kicks off on Wednesday, it's time to take a look back at last year's event. Besides announcing Ice Cream Sandwich, Google Music and a number of other new projects, one announcement that stood out from the slew of releases last year was Android@Home, Google's entry into the home automation market. Google, at the time, said that it wanted to create a service that would turn your entire home into a network of Android accessories, with Android as "the operating system for your home." Since then, though, neither Google nor its partners have said anything about this initiative.


What Los Angeles Accelerators Want: Startups That Make Money Right Away

Jun 24, 6:36PM

silicon-beach-fest-2012-santa-monica-venice-sbf-logo-digital-laWhen asked what is the biggest difference between Los Angeles and Silicon Valley accelerators, five from LA told me they're more focused on startups that don't take years to start monetizing. Leaders from Amplify, Launchpad LA, MuckerLab, Start Engine, and Originate Labs convened at this weekend's Silicon Beach Festival in Venice, California. They explained that since there's less capital down South, they're less concentrated on long-term plays, even ones that could return bigger multiples down the line. So Bay Area startups in ecommerce, media, advertising, and fashion looking to raise money or enter an accelerator might consider a drive down the Pacific Coast Highway.


Doing Deals In China

Jun 24, 4:53PM

scaled.img_0460-620x413If you're in business, you can't ignore China. The economy is booming and it is the manufacturing capital of the world. In the last six years as founder and CEO of Kogan, I've travelled to China countless times. Each time, I fall more in love with it. It's developing very quickly and has rapidly become a global commerce hub. A lot of people still think of China as cheap and dirty – this may have been the case once, but not anymore. The hotels I stay at in China are nicer and more luxurious than any hotel I've seen in Manhattan. Here are lessons I've learned and the approaches that have worked best for me to avoid hassle, find great deals and ensure our products remain the best value money can find. In the first part, I'll share some killer tips that I've learned during my time in China – all of which have helped me keep the upper hand in critical business negotiations. In the second, I'll share practical advice to help you navigate China's complex business landscape.


Sony Xperia Ion Review: Punching Above Its Weight Class

Jun 24, 1:35PM

x-ion1It's been a long time since Sony released a smartphone in the U.S. market that had a chance of hitting it off with customers — too many of their recent releases have either been meant for niche markets (the Xperia Play 4G) or were expensive and unlocked (nearly all of these things). That said, they're looking to give it another go with the new Xperia ion, and it certainly looks like it could go all the way. It's the company's first LTE-enabled phone to land in the United States, it packs a much touted camera, and it'll only set AT&T customers back $99. What's not to like? Read on for all the juicy details.


'Find Friends Nearby': Facebook's New Mobile Feature For Finding People Around You [Updated]

Jun 24, 9:08AM

fb friendshake 2 editedFacebook has created a new feature that lets users find friends and potential friends nearby. Currently Initially called "Friendshake" and also accessible through a URL that is the abbreviation of "find friends nearby" (http://fb.com/ffn), it's another step in Facebook furthering its reach into mobile, and creating services to meet new people -- rather than building up more connectivity with the ones you already know. And, in keeping with Facebook's emphasis on being as ubiquitous as possible, for now it's not being delivered in a native app, but via the mobile web. Update: it's accessible via Facebook's mobile apps, too (see below the break for more details, including comments from the developer). The service comes a little under two months after Facebook announced the acquisition of Glancee, a mobile app that helps users discover people near them with similar interests, whose three founders have now joined Facebook and closed down their app. It is not clear if Friendshake has been created out of that acquisition, or if it has been developed along an altogether different thread -- or how the functions of the two may eventually dovetail.


Supreme Court Decision On Obamacare Has Little Relevance To Healthcare Disrupters

Jun 24, 9:00AM

Supreme CourtWhen I'm not writing for TechCrunch, my "day job" is working with healthcare providers the disruptive innovators who are reinventing healthcare and slaying the healthcare cost beast as a byproduct. In some cases, these are entrepreneurs. In most other cases, they are pioneers within existing healthcare providers fighting to make changes within otherwise slow-moving organizations.


The Next Secrets Of The Web

Jun 24, 5:00AM

Network_effectRight now, someone is tinkering with a billion dollar secret -- they just don't know it yet. "What people aren't telling you," Peter Thiel taught his class at Stanford, "can very often give you great insight as to where you should be directing your attention." Secrets people can't or don't want to divulge are a common thread behind Thiel's most lucrative investments such as Facebook and LinkedIn, as well as several other breakout companies of the past decade. The kinds of truths Thiel discusses -- the kinds that create billion dollar businesses in just a few years -- are not held exclusively by those with deep corporate pockets. In fact, the person most likely to build the next great tech business will likely be a scrappy entrepreneur with a big dream, a sharp mind, and a valuable secret.


Why Facebook Is Folding On Credits And Doubling Down On Payments

Jun 24, 3:12AM

attachment (1)In a surprising move this week, with just a short post on their Developer Blog, Facebook has ended their three-year experiment with the virtual currency of Facebook Credits. Credits will be phased out by the end of the year and users will simply have a Facebook account with a balance measured in Dollars in the U.S., or whatever currency is native to a country. Facebook's new member accounts will function similarly to an iTunes account: a user adds a credit card to their account, digital goods can be purchased and immediately charged to the card on file, or can be drawn from stored value in that account.  If you are given a Facebook gift card, in card or digital form, you would add that reward code to your account and that value would be stored until you use it – just like an iTunes gift card is added to your account and stored until spent.


Domo's Josh James: We're Making Every Employee Embrace Social Media, And It's Paying Off

Jun 24, 1:04AM

domo logoBack in May, Josh James, the co-founder of analytics company Omniture and now CEO of business intelligence startup Domo, announced an eyebrow-raising idea: He was kicking off an eight-week initiative that would require every one of Domo's 130 employees to become active on social media. Now James says the initiative is paying off, and he has numbers and anecdotes to back it up.


The Stupid Rise Of The Subscription Condom Startup

Jun 23, 10:00PM

condomsI love me some subscription commerce. Whether it be getting new underwear sent to me in the mail, or having someone pick out shirts for me, I love the idea of paying a flat fee and having shit just show up at my doorstep once a month. It's even better if whatever's being sent is kind of a surprise. That said, there's a recent trend in subscription commerce that's disturbingly popped up and recently been flagged in the TechCrunch tips line: The rise of the subscription condom service. Over the past few weeks, it's been suggested that we (separately) look into DollarRubberClub.com, as well as Rubber of the Month Club. A cursory Google search reveals that there are others, like Lucky Bloke -- "the ultimate condom subscription service," it claims -- and Sir Richard's Subscription Condom Service.


Why Are Startups Flocking To SF? There's No More Room In Silicon Valley

Jun 23, 9:30PM

image (1)A lot has been written about the real estate turf war between San Francisco and Silicon Valley. Most point out that many of the developers these companies target live in the city. The nightlife, walkability, and culture are identified as reasons for the trend. But if the heart of Silicon Valley is losing its allure to startups, why is there no real estate space available? The answer is that Silicon Valley is as hot as ever and here's why. The basic premise of these reports is that San Francisco is winning the startup real estate battle right now as companies like Zynga, Twitter, and AirBnB are choosing to put down big roots in the city. This trend is not new to the Valley. Downtown Palo Alto has been ground zero through numerous growth cycles, including this one.


The Knut Is A Web-Enabled Monitor For Everything

Jun 23, 8:57PM

knut_sensorsIf you're headed away this summer, leave the Knut behind to keep and eye on things. This small, Wi-Fi-capable widget can transmit various measurements to your iPhone anywhere in the world. The Knut is a Kickstarter project by Richard Pasek and Jay Gondelman in Boston. They're looking for $80 per Knut and it has various sensors built in as well as functional sensors for various other measurements.


Apple Chomps At App Store Search? Developers See Shift In Search Results

Jun 23, 8:16PM

App-Store-IconApple is making potentially significant changes to the search algorithm in the App Store, at least according to some app developers. If you're a developer or publisher counting on a well-chosen name to help with visibility, things could get tougher from here on out. But if you're a popular and well-reviewed app, things might be looking up. This could be an early step in the general revamp of App Store search and discovery that MG Siegler heard about when he broke the news in February that Apple had acquired app discovery startup Chomp.


Gillmor Gang: Send In the Clones

Jun 23, 5:00PM

Gillmor Gang test patternThe Gillmor Gang — Robert Scoble, John Borthwick, John Taschek, Keith Teare, and Steve Gillmor — found plenty to write home about in Microsoft's Surface tablets and Windows 8 rewrite of the Windows platform. Coming hard on the WWDC Apple announcements, it's clear Redmond is stepping up its game. With Skype and the still-not-closed Yammer acquisitions, Steve Sinofsky is trying to buy his way in to social. But once the smoke clears, straddling the desktop and tablet metaphors may turn out to be the biggest threat to Office yet. The only way to save Office revenue may be to give away social and the hardware to run it.


Today's Google Doodle Is An Actual Turing Machine

Jun 23, 3:39PM

Screen Shot 2012-06-23 at 11.21.53 AMToday's Google Doodle is a working Turing machine that contains six puzzles. Sophia Foster-Dimino on Google's Doodle team built the app in honor of Alan Turing's 100th birthday. What's a Turing machine? It's not an actual machine, per se, but a thought experiment that allowed for the advent of digital computing.



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