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Meet Kirsty Nathoo, Y Combinator's Secret Financial And Operational Weapon
Feb 09, 6:51PM
The back office is an unglamorous but crucial part of any venture firm. At Y Combinator, which has grown its seed-stage fund and incubator quickly in recent years, it also has to move at the pace of a young startup. The person who has made that happen is Kirsty Nathoo, a UK transplant with an accounting background. She joined a few years ago and has shepherded hundreds of companies from entry through incorporation, fundraising, and now even product development.Apple And Google Still Lead WebKit Development, But More Smaller Companies Contributing
Feb 09, 6:47PM
Apple and Google still represent the bulk of reviewed commits contributing to the ongoing development of WebKit, the open source web browser engine that powers Safari and Chrome, among others. Google accounts for the bulk of commits, having overtaken Apple in that regard back in 2009 (though Apple still does much more with fewer authors actually writing code), but the more interesting story here is that the impact of other parties is steadily growing.Gillmor Gang: Snow Kidding
Feb 09, 6:00PM
The Gillmor Gang — Danny Sullivan, John Borthwick, Kevin Marks, Keith Teare, and Steve Gillmor — take advantage of the East Coast blizzard to toast some marshmallows on the fire. First up is the Series A drought and impact of the cloud on startup funding. Next, the big pivot to Spoilerland, aka Binge TV. House of Cards is having just that impact on the television industry, collapsing the mid tier pay networks into an environment much like planes stacked up over Newark. It's Breaking Bad followed by Mad Men followed by Arrested Development and so forth. How the broadcast networks get past the new air traffic controllers is anybody's guess, but Netflix continues to confound the experts and delight the customers.Microsoft's 128GB Surface Pro Sells Out At MS Online Store Just Hours After Launch
Feb 09, 5:02PM
Microsoft's 128GB Surface Pro has sold out in the online Microsoft Store in the U.S., just a few hours after going on sale today, February 9. The 64GB version is still available as of this writing, and the Surface Pro is still likely in stock at physical retail locations like Best Buy, where it also went on sale today, although checking the stock levels via their online tool reports the Surface Pro as "Unavailable" across the board.Mailbox's Virtual Queue Succeeds In The Waiting Game Where Peter Molyneux's Curiosity Stumbles
Feb 09, 4:35PM
Mailbox, the email inbox management app for iPhone that was released in beta this week, currently has around 700,000 users queuing up for access, at the time of this writing. That's according to the in-app counter that many of us have been staring at on and off for days now, which tells you how many people there are still ahead of you in line for the app, and how many people are joining up behind to wait their own turn.Amazon Coins Are Steroids For The Amazon Appstore
Feb 09, 4:00PM
Editor's note: Charles Edward Hudson is a venture partner with SoftTech VC and the CEO and co-founder of Bionic Panda Games. I have been trying to wrap my head around Amazon's decision to launch Amazon Coins as a currency. It struck me as curious because most major platforms who have offered universal, platform-wide virtual currencies have dialed back those efforts or simply abandoned them.Kickstarter: The Coastliner Automatic Watch Is Brimming With Understated Retro Appeal
Feb 09, 3:19PM
Kickstarter occasionally has a watch project, but they're relatively rare, and even when one does pop up, it usually isn't impressive enough to turn my head. The Coastliner, a project going on right now, is definitely a noteworthy exception. From independent graphic designer-turned-watchmaker Tim Hadleigh out of the U.K., the retro-cool Coastliner gets its design inspiration from American classic cars of the 1950s, and the result is a stunner.10 Great Ideas Someone Should Invent
Feb 09, 3:00PM
This article might change your life or make you rich. It's time to save the world. There's a lot of bad news out there. Rising unemployment, soldiers being replaced in their jobs by drones that kill babies, a new housing crisis that will end all housing crises, who is the real father of Kim Kardashian's child, and on and on. Meanwhile, many futurists are at work on "what's new for 2013?" Will Lindsay Lohan play Princess Leia's daughter in the new Star Wars movies? Will Tiger Woods make a comeback? Will the Middle East "have tension"?Technical Debt Will Kill You Dead (If You Let It)
Feb 09, 2:00PM
A project I've been working on launched recently. Well, re-launched. A slick little iPhone app called Postography, which lets you send postcards with messages and pictures from your iPhone. Nifty, but sounds fairly straightforward, right? An app that shouldn't have taken too much time to build. Unfortunately, we didn't build it; we rebuilt it. And the company that took the first crack at it (naming no names here) did a fairly good job on the server side...but epically botched the initial version of the app itself.Google Asks "Why Fly Private When You Can Fly Private – Out Of Your Own $82M Airport?"
Feb 09, 1:56PM
Google's executives could soon be enjoying their own private airport space ahead of winging their way to various far flung locations around the world, according to a news release from the Mineta San Jose International Airport. Signature Flight Support, in tandem with a company called Blue City Holdings which represents Google's fleet of personal aircraft, will likely be awarded a 50-year lease on San Jose Airport's West Side, in order to build a 29-acre, $82 million facility to house Google's executive aircraft and those of other clients.TechCrunch Goes To India — Bangalore Meetup On Tuesday
Feb 09, 1:19PM
I'm heading out to India (Bangalore and Delhi) to meet with tech companies. We haven't had time to put together a formal event, but I do want to meet startups, VCs and entrepreneurs, so to that end I'll be throwing together a Meetup - probably in a bar - in Bangalore on Tuesday. The details are:Snapchat Raises $13.5M Series A Led By Benchmark, Now Sees 60M Snaps Sent Per Day
Feb 09, 6:40AM
Snapchat, the impermanent messaging app that won "Fastest Rising Startup" at the 2012 Crunchies, has finalized a $13.5 million Series A round led by Benchmark's Mitch Lasky. According to The New York Times, Snapchat is now valued between $60 and $70 million.Advice From A Former Business Student Turned Googler
Feb 09, 5:00AM
Editor's note: Aditya Mahesh is an associate product marketing manager at Google where he works on the Get Your Business Online program. I always knew I should have gotten a CS degree. It's challenging to be a nontechnical person at a technical company. Last month marked my one year anniversary at Google. While I've learned a ton over the past year, I've realized that the foundations of the skills I've picked up could have easily been learned beforehand. I just wish someone had told me what I should focus on and where I should learn it.After 8 Years On The Web, Project Management Platform Basecamp Finally Launches An "Official" iOS App
Feb 09, 2:30AM
Basecamp, the project management platform developed by 37 Signals that launched in 2004, is still alive and kicking, which is something of a feat considering how many companies have come and gone in this space over the years. Plus, more recently, a slew of promising new players have entered the market, including Dustin Moskovitz and Justin Rosenstein's Asana, Joel Spolsky's Trello, Siasto and Podio (now part of Citrix) -- to name a few.SoundCloud CEO Alex Ljung On Building A Startup With An International Footprint [TCTV]
Feb 09, 12:43AM
All too often, tech startup founders feel like they have to move their headquarters to an industry hub such as the San Francisco Bay Area in order to really be successful. But while it's good to be in touch with the hustle and bustle of Silicon Valley or New York City, there can also be big benefits to building your startup outside of these typical tech epicenters. A great example of this is SoundCloud, the popular audio distribution platform that has scaled up quite nicely while maintaining its home base in Berlin, Germany.Ask A VC: Kleiner Perkins' Chi-Hua Chien Talks About Mobile First, The Future Of Ecommerce And More
Feb 08, 11:26PM
Kleiner Perkins' partner Chi-Hua Chien was in the hot seat for this week's Ask A VC series. Chien, who has helped led investments in Spotify, Klout, Path, Twitter, and Zaarly, among others; discussed his thoughts on mobile-first, and how startups should approach iOS and Android vs. mobile web. We also chatted about e-commerce and what's next for online retail, as well as some of his favorite faith-based tech initiatives.Google Chairman Eric Schmidt Plans To Sell 3.2M Company Shares Over The Next Year, 42% Of His Stake In Google
Feb 08, 11:23PM
Google's executive chairman Eric Schmidt, the company today reported in an SEC filing, plans to sell about 3.2 million of the Class A common stock he currently owns through a stock trading plan, which would reduce his share in the company by about 42%. At Google's current stock price, this transaction would be worth about $2.5 billion.Cooliris Expands Again With Yandex Partnership, Hits 3 Million Downloads On iOS
Feb 08, 11:00PM
Cooliris, the Kleiner Perkins-backed photo browsing and sharing startup, is again expanding its footprint in key emerging markets, this time in Russia thanks to a new partnership with Yandex. The move follows the company's launch of a localized version in China in December, which also saw a partnership with Renren, aka "the Facebook of China."Y Combinator Opens Applications For New Class, As Total Funding For Alums Reaches $1.5B, Or $3.18M Each
Feb 08, 10:52PM
Y Combinator founder Paul Graham tweeted today that the accelerator's 464 startup graduates (prior to its current batch) have raised an average of $3.18 million in funding each, which means YC's companies have landed a total of just under $1.5 billion.Co-Founders Of Mo De, A Mobile Micro Credit Company From Kenya, Wins The IBM SmartCamp
Feb 08, 10:16PM
I am not one to write about award recipients but I find it pretty awesome that the founders of Mo De, a mobile micro finance company from Kenya, won the IBM SmartCamp entrepreneur of the year award this week in New York. Julian Kyula and Josphat K. Kinyua started Mo De to fill a need that impacts the millions of African customers who buy mobile service by the minute. Often, people will run out of minutes at night or over the weekend and can't refill until the local telecom company reopens for business.If at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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