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Technology
From the earliest moments of boot camp, budding soldiers learn about entrepreneurship. They learn how to operate in unknown terrain, how to listen to signals and, perhaps most importantly, how to make things happen with extremely limited time and resources.
Yet, when soldiers return home following a deployment, the transition to civilian life can be jarring. Even with those valuable soft skills, there aren&t many obvious jobs in the private sector for a combat engineer or a fire support specialist. Perhaps even more challenging, according to Josh Carter, is their lack of connections. &The biggest thing that veterans are facing is network — they don&t have a big network,& he said.
Carter is working to change that situation through Patriot Boot Camp, a series of programs under the Techstars banner that gives veterans the tools and connections they need in order to launch a startup. The nonprofit, which was founded by Taylor McLemore, Congressman Jared Polis and Techstars founder David Cohen, hosts multi-day &boot camps& in cities across the country that are designed to quickly immerse participants into the life and thinking of startups. Since its founding in 2012, the program has held nine boot camps in cities like San Antonio, DC and Austin, with its next program in Denver later this year.
Carterown experience making the transition from the navy to the private sector is telling. He joined the service when he was 17 in the mid-90s, and over the following three years, traveled to 30 countries. The experience matured him, he explained, and on his return, he joined the telecom industry, starting his career climbing poles and eventually joining Twilio as an escalation manager and early employee. Twilio changed Carterlife, encouraging him to pursue startups as his own career. &During that time I really got the bug to create something,& he said.
He tried to build his own startup called Brightwork, which was a developer microservices API founded in 2015. The company went through Techstars Chicago, and Carter was hoping to build the kind of company he had seen at Twilio. But growth challenges early on proved insurmountable. &We were really struggling to figure out our target market and struggling to find investors, so it just sort of died,& he told me.
During this period, Carter had been participating in Patriot Boot Campprograms, and liked what he saw. Following the dissolution of Brightwork, he eventually joined the program as an executive, first as chief operating officer last November, and then as interim CEO earlier this year when his predecessor, Charlotte Creech, stepped down to join USAA.
Carter has big ambitions for the program. While today the boot camp has been focused on one-two multi-day events per year, he wants to build the program into a full-fledged growth accelerator that would target startups in addition to budding entrepreneurs. He also hopes to increase the number of boot camps per year to three. Healso investigating raising a fund, now that there is a cohort of more than 750 entrepreneurs who have gone through the program. Ultimately, his goal is to &build better founders& and give them the resources they need for victory.
One aspect of the program that I found interesting is that it isn&t just limited to veterans, but includes military spouses as well. Networks are incredibly important for founders, and Carter points out that spouses have &this special tenacity about them& and need to know &how to build a network quickly in a town where she knows nobody.& They often face just as much challenge in returning to life outside the base as the veteran themselves, and startups could prove to be an important avenue to make that transition.
As its numbers and successes swell, Patriot Boot Camp hopes that it can serve as a beacon for soldiers returning home, telling them that startups aren&t the sort of crazy risk that they first appear. Indeed, after what many of these men and women have just been through, it may not be all that daunting of a next mission after all.
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Write comment (98 Comments)You&re either a Chrome bag person or you&re not. And if you&re not a Chrome bag person, it might be time to give the newly Portland-based bag maker another look.
I&ve been a fan of Chrome Industries bags for a long time, but over the years I&ve only owned two: the discontinued Mini Buran, a 15L, extra-small messenger by Chrome standards, and the Niko camera pack. I still use the latter periodically but I traded the messenger away early on because, in spite of being Chromesmallest pack and the only one that didn&t look cartoonishly big on my 5′ 4″ frame, I could never get the weight quite right. There are two reasons for that: 1) Chrome bags are huge and designed for huge hulking men and 2) I&m just not a messenger bag person.
Taylor Hatmaker/TechCrunch
Chromelineup of industrial-strength messenger bags has typically appealed to hardcore bike types and dudes big enough to hoist its famously burly packs, but the company is branching out with a few new offerings that should excite anyone like me who covets their designs and build quality but just can&t make most of their stuff work.
The Chrome Vega Transit Brief, part of Chromenew work-centric Treadwell collection, is one of those new bags. The Vega is made to appeal to professional types who maybe need to keep their look away from the &I&m a bike messenger who lives in a punk house& kind of vibe, but itstill made of the pretty much indestructibleballistic nylon that gives Chrome bags their iconic look and feel.
At first glance, the Vega looks like any generic laptop messenger, but unlike those (boring) you can carry the Vega three different ways. The first mode lets you carry the Vega briefcase-style, with a leather hand strap. The second mode converts the bag into a messenger with a detachable strap. The third mode (my favorite) happens when you pop out two hideaway straps from the back of the bag, turn it 90 degrees and carry the Vega like a backpack. For my purposes, I switched between hand-carrying the bag and putting it on my back to carry a 13″ MacBook and other odds and ends.
Photo via Chrome Industries
At just 15L, Vega is meant to carry small, rectangular stuff — you won&t be throwing groceries on the way home from work in this thing. Itgot two main zippered compartments, one soft padded laptop sleeve that can fit a 15″ MacBook and one all-purpose-stuff pocket lined with its own sleeve and two internal zip pockets that are actually big enough to be super useful for a phone or a wallet and keys. Therea teeny external pocket that can also hold a phone or something small, but that one is tougher to get into so I mostly didn&t use it.
Taylor Hatmaker/TechCrunch
Taylor Hatmaker/TechCrunch
I mentioned it already, but itworth repeating that the Vega is very, very rectangular. Its primary compartment would be best suited to hold stuff like an iPad, a book or paper documents, but if you have anything with much depth itnot going to be well-suited to this pack. Another thing worth noting is that the Vega looks like a big ol& rectangle when itcarried like a backpack. You&ll either like that look and think itkinda distinct and cool like I did or you&ll hate it. One criticism: The leather strap that lets you carry the Vega by its handle doesn&t stow, so it just sort of hangs there when you wear it like a backpack. Itnot super noticeable, but it bugged me a little because the snaps were tricky to open and close — a little flaw I imagine they might modify if they ever update this design.
The Vega isn&t Chromemost inspired design ever, but it isn&t supposed to be. If you want to show up to a meeting looking pro but still cool, like yeah you looked over the slides from the call but you drink shitty beer after work because you&re legit not because you can&t afford some triple-hopped bullshit, the Vega is probably for you.For anyone looking for a well-made bag thatnot too loud to carry to and from work meetings that happens to turn into a damn backpack, ChromeVega Transit Brief is a great fit.
Taylor Hatmaker/TechCrunch
What it is: A bag that looks discreet and professional while keeping work basics close (laptop, papers and the like). Great as a no-frills carry-on bag for travel or a to-the-office-and-back kind of bag.
What it isn&t: A workhorse. With its 15L volume, you&re not going to be hauling big loads around or taking produce home from the co-op with this thing.
Read more reviews from TechCrunch Bag Week 2018 here.
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Write comment (95 Comments)I first wrote about SmartAsset nearly six years ago, when it launched its first product, a tool allowing prospective homebuyers to analyze the rent vs. buy decision and to see what kind of home they could actually afford.
According to co-founder and CEO Michael Carvin, &On the consumer side, our strategy has never really changed. Our mission is to help people make the best personal finance decisions and to build the webbest resource for personal finance decision-making.&
Of course, some aspects of the company have evolved. For one thing, SmartAsset now offers tools, calculators and content in a number of categories, including taxes, retirement and banking.
For another, itannouncing today that it has raised $28 million in Series C funding, bringing its total raised to more than $51 million. The new round comes from Focus Financial Partners (a firm backed by Stone Point Capital and KKR), Javelin Venture Partners, TTV Capital, IA Capital, Contour Venture Partners, Citi Ventures, Fabrice Grinda and others.
Carvin said SmartAsset reached more than 45 million uniques last month, nearly doubling its traffic year-over-year. And 25 percent of that traffic comes from repeat visitors.
As for how SmartAsset makes money from those visitors, it does so partly by promoting financial products like mortgages. But Carvin said the biggest piece is the SmartAdvisor platform, which connects financial advisors with potential investors.
Carvin described it as &the webfirst digital lead generation platform for financial advisors,& and comparedthe SmartAsset business model to Zillow&s, saying both companies have built big audiences that they can then match up with real estate or finance professionals.
In SmartAssetcase, users fill out a questionaire and then work with a SmartAsset concierge to help them find an advisor whoa good fit. Carvin added that the advisors on the platform have been screened by the company, for example to ensure that they haven&t had any criminal violations and that SEC hasn&t upheld any complaints against them for the past decade.
Asked whether this focus on financial advisors has led SmartAsset to change the way it designs its consumer products Carvin said,&We believe the better the user experience, the better our business will work. And so when we&re building a retirement tool, a home affordability tool, a tax tool, we&re building that only with the consumer interest in mind.&
Looking ahead, Carvin said he plans to continue following this strategy.
&We&re going to build out the webpremiere personal finance resources and then leverage that on advisor side,& he said.
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Write comment (99 Comments)Following its relaunch earlier this year as a podcast creation platform, Anchor today is bringing its suite of mobile podcasting tools to the iPad. Like its iPhone counterpart, the iPad version of Anchor lets you record, edit, then distribute your podcast anywhere, including iTunes and Google Play Music. The new app is also customized for touch-based editing, and it takes advantage of iPad features like drag-and-drop and multitasking.
The company had originally been focused on short-form audio, but more recently realized it could better serve the growing audience of podcasters with a set of easy-to-use tools available right on their mobile device.
The iPhone version of Anchor lets you press a button to record your audio, record with friends, insert voice messages (like call-ins) into your podcast, and easily add music and transitions. The iPad app now offers a similar set of tools, with a few upgrades and tweaks.
For starters, you can opt use a real microphone by plugging one into your iPadlightning port, or by using a lightning-to-USB adapter.
You can also upload or even drag and drop audio files from other apps into Anchor for use in its episode builder. For example, you could pull in music from GarageBand, add a voice memo, or import other audio files saved in a cloud storage site like Dropbox.
The app support multitasking, too, so you can keep your notes open as your record.
And you can directly edit the audio files on the iPad itself using touch-based controlsthat are easy enough for anyone & even novice or amateur podcasters & to use.
The controls allow you to trim the beginning and end of your podcast, so you can cut out issues like false starts or other chatter. And you can split audio clips in order to insert transitions, voice messages, music, and other audio.
The clips can then be moved around or deleted as you put your podcast together.
Given the popularity of podcasting today, itactually fairly remarkable that no one else had yet introduced audio editing tools built with the needs of podcasters in mind.
The Anchor app is also another example of how the iPad can be used for content creation, not just consumption & and specifically, how it can be used as an editing tool for creative projects.
The company doesn&t share its user numbers, but Sensor Tower reportsover 850,000 installs worldwide across both app stores. Anchorsequential month-over-month growth since February when it pivoted to podcast creation has been impressive, averaging 40 percent, the firm also says.
Anchor for iPad, like the iPhone app, is free to use as the company is currently living off its funding. But the longer-term plan is to offer monetization tools to Anchorpodcasters, where Anchor itself would likely take a cut of revenues.
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Write comment (98 Comments)Hot on the heels of getting acquired for $2.7 billion by on-demand services startup Meituan-Dianpingen route to its own $60 billion IPO, Chinese bike-sharing startup Mobike is ramping up its international push as companies like Uber, Lyft and other standalone bike-on-demand startups take their own expansion strategies up a gear.
The company will this week start integrating with Citymapper, the mapping and navigation app focused on urban areas and public transportation, in all cities where both companies operate (Citymapper is now live in 39 cities; while Mobike calls itself the worldlargest bike-sharing startup, in 200 cities in some 15 countries).
This will mean that users of Citymapper will be able to select bike routes on the app, and also see where they can find a Mobike to complete those journeys, giving the bike-hire-on-demand company one more way to snag customers in what is shaping up to be a very competitive market for transportation options geared to single users.
TechCrunch first learned of the integration by way of an anonymous tip, which was then confirmed to us by a spokesperson from Mobike itself. (We sent multiple emails to Citymapper, but didn&t receive any replies.)
&Bikesharing is a true new emerging global transport platform, so a partnership withCitymapper, one of the most popular transport apps in the world, is a logical step,& said the spokesperson. &Partnering withCitymappermeans that more and more people will realise how easy using a Mobike is, encouraging cycling everywhere for short urban trips.&
London-based Citymapper taps APIs from city transportation networks to provide bike routes alongside walking, bus, train, ferry and car routes. In cities where there are city bike schemes — for example in Londonand New York — it shows locations for bike docking stations and, if available, information on how many bikes are available.
But while there are in London — as one example — some 750 docking stations in the city covering 11,000 bikes, there are large swathes of the city, particularly outside the center, where the city bike scheme doesn&t reach. That presents an opportunity for these bike startups, which are often not banked at docks but parked on sidewalks, to cater to people who may not own a bike but would like to ride one from points A to B, when one or both of those are not near a docking station.
For the moment, you still have to register through the Mobike app to be able to reserve a Mobike you find on Citymapper. And itnot a given that you will ever be able to book these directly: if you look at CitymapperUber integration it gives you an estimate but links to the Uber app to actually seal the deal (this is now also whatGoogle Maps does, too).
The spokesperson confirmed that there is no revenue share in this deal, and itnot exclusive. &Mobike is in conversation with a variety of other companies which focus on helping people improve their journeys,& said the spokesperson. &They will announce partnerships as they come.& Mobike is also planning to expand into India this year.
While taxi and ride-on-demand companies duke it out for customers in cities and towns against alternative motorised options like peopleown private cars, buses and trains, in dense urban environments, there has been a secondary track of competition developing around vehicles that are geared (sorry) to more individual modes of transport, such as bikes and electric scooters.
The runaway success of other transportation-on-demand services has driven a lot of investors to look for the next big transport opportunity, which in turn has turned into a glut of money going into these smaller, semi-manual vehicle companies, and a subsequent glut of bikes and scooters filling city streets in that wake.
Electric scooters in particular have raised a lot controversy, because ofhow scooter services are run, potential safety concerns, and legal requirements for the drivers, to name just three of the issues. That leaves, potentially, more open road for manual bikes, which fall outside of some of these regulations so can grow a little more easily (if with more human pedal power).
All the same, there are a number of bike companies competing for potential customers, so by integrating with Citymapper, Mobike gets more visibility above that competition, specifically at a time when its new owner is itself looking for more differentiated revenue streams as it reportedly gears up for a public listing valued at $60 billion.
Citymapper itself has raised $50 million from investors that include Balderton, Benchmark, Index and Yuri Milner and it has to date not spelled out many details on how it plans to monetise, although in February it launched a hybrid taxi and small bus service serving under-served routes in the city, pointing to how it might evolve those business plans in the future with its own transportation options alongside routing suggestions.
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Write comment (92 Comments)The federal government is stepping in to end the use of an aftermarket product designed to let Tesla owners skirt a safety feature from the electric automakersemi-autonomous Autopilot system.
The U.S. Department of TransportationNational Highway Traffic Safety Administration issued a cease and desist letter Tuesday toa California company known asDolder, Falco and Reese Partners LLC that isselling the Autopilot Buddy product.
The Autopilot Buddy product, which is marketed with the catchy slogan &Tesla Autopilot Nag Reduction Device,& is a magnetic piece of plastic that disables the feature in Tesla vehicles that monitors the driverhands on the steering wheel and warns the driver when hands are not detected. Aftermarket devices, such as Autopilot Buddy, are motor vehicle equipment regulated by NHTSA.
Autopilot Buddy works on the Tesla Model S, Model X and Model 3.
&A product intended to circumvent motor vehicle safety and driver attentiveness is unacceptable,& NHTSA Deputy Administrator Heidi King said in a statement. &By preventing the safety system from warning the driver to return hands to the wheel, this product disables an important safeguard, and could put customers and other road users at risk.&
TeslaAutopilot is not a fully autonomous driving system.Instead, the advanced assistance systemincludes a number of features such as traffic-aware cruise control (TACC) and its branded Autosteer, which usesinformation from cameras, radar and the ultrasonic sensors to detect lane markings as well as the presence of vehicles and objects. When Autopilot and the Autosteer feature are activated, the system maintains the speed of the Tesla while keeping a distance from the vehicle in front of it, keeps it in its lane and changes lanes.
However, it also requires drivers to keep their hands on the wheel, apparently a rule so annoying that owners have found all sorts of interesting ways to trick the system. When drivers don&t keep their hands on the wheel, the system is supposed to give visual and audible warnings. If the driver continues to ignore it, Autopilot shuts off.
The letter directs the company to respond byJune 29, 2018, and to certify to NHTSA that all U.S. marketing, sales and distribution of the Autopilot Buddy has ended.
The company appears to have already adjusted to the feds. The company posted on its website that it is currently only taking international orders. &We are not taking orders inside the U.S.A. at this time,& the website reads. &We are hopeful to resolve this by as quickly as possible.&
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