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Technology
We&re excited to announce Steve Case and JD Vance will sit down for a fireside chat at Disrupt SF this September. Thereplenty to talk about, too, including the pairlatest venture: A massive $150 million seed fund backed by an impressive group of investors that are targeted at startups outside of Silicon Valley.
AsThe New York Timesput it after the fundannouncement, the complete list of investors in the Rise of the Rest fund &may be the greatest concentration of American wealth and power in one investment fund.& It includes among others Jeff Bezos, EricSchmidt, John Doerr, Jim Breyer, Dan Gilbertand members of the Walton, Koch and Pritzker families.
This fund is core to what Case and Vance are championing atRevolution . TheWashington, D.C.-based venture capital firm primarily backs companies outside of major tech hubs. At Disrupt New York in May,Case told the audiencethat many regions are overlooked simply because investors can&t &get in their cars and drive to those companies& and he wants to convince other VCs to look outside of their comfort zones.
In August of 2017 Steve Case, founder of AOL and Revolution, tapped JD Vance to run Revolution as its Managing Partner.
&I don&t know if I&m ever going to be comfortable with being the media-dubbed spokesperson,& Vance told TechCrunch at the time. &But I do think you can talk about the issues and try to raise awareness or you can do something about the issues — my goal here is to try to do both. Therean opportunity I&ve been given here with the platform the book has afforded.&
Vance is seemingly of the same mind as Case. In his book, which is a must read by the way, Hillbilly Elegy, he lays out his upbringing in Appalachiaworking classand explains the importance of striving to overcome obstacles — and startups outside the Valley have different obstacles to overcome than those located around San Francisco. As the managing partner of Revolution, we hear he has a keen focus that resonates with founders. Vance served in the Golf War, eventually graduating from The Ohio State and Yale and went on to serve as a law clerk and a principleatPeter Thiel&sVC firm,Mithril Capital Management LLC.
Steve Case spoke at Disrupt NY last year about his current passion in shining a light on startups outside traditional tech hubs.
&Itworth remembering that Detroit 75 years ago was like the Silicon Valley,& said Case at Disrupt NY in 2017. &At the time, it was the hottest innovation city in the country, because the automobile was the hot new technology at the time. Silicon Valley was like fruit orchards. These things change. But they lost their way. Detroit lost 60 percent of its population in the last 50 years and they went bankrupt because they lost their entrepreneur mojo.&
Casefireside chat was fascinating and we&re thrilled to have him back with Revolutionmanaging partner, JD Vance. While Disrupt SF happens in the heart of Silicon Valley, there are plenty of founders, developers and investors who are constantly looking for opportunities in new regions — just like Steve Case and JD Vance.
If you&re looking to purchase tickets to Disrupt, you can grab those right here.
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TechCrunch is hosting one of our single-topic Sessions events centered on AR/VR and mixed reality in Los Angeles on October 18th at UCLARoyce Hall. We&re going to be doing some very cool stuff that we&re not quite ready to talk about, but at the core we&re looking to have incredible discussions with the best and brightest in reality creation.
The goal is to get folks into one room to see some demos, hear some talks and take part in a salon of sorts about the state of AR/VR. We&ll talk shop, philosophy, hardware, software and inclusion.
As someone who has logged hundreds of hours in a headset, reported on the space and been an advocate of what augmented and virtual realities could do for us, I&m pretty excited. I&ll be programming the event personally, along with our crack reporter in the space, Lucas Matney. The show promises to be bang-up cool with attention paid to the hardware and software that will enable the next generation of experiences in the augmented reality and virtual reality worlds, as well as some more metaphysical chit-chat about how we all go about building these worlds.
Check out the site for Sessions: AR/VR 2018; we&ll be fleshing it out with speakers and more details as we lock them down. You can grab early tickets here for $95, which includes access to all the daytalks and demos and, if you&re a student, we&ve got special tickets just for you here for $45.
More to come soon. See you in October!
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Read more: Come blend your realities at our AR/VR occasion in LA in October
Write comment (100 Comments)Microsoft is launching an update to its Android launcher today that gives parents the ability to track their kids& location. This is one out of a number of parent- and kid-focused announcements the company made today. Others include the ability to block sites in Microsoft Edge on Android and the launch of MSN Kids, a new curated news website for children.
At the core of these new features are Microsoftfamily group settingsthat already allowed you to do things like track a childactivity on Windows 10 and Xbox One devices or limit screen time in general.
&As a mother to a young and curious daughter, I deeply understand the need for tools to help balance the use of technology in the home as well as out of the home,& writes Shilpa Ranganathan, the General Manager of MicrosoftMobile Experiences group, in todayannouncement. &Itespecially near and dear to me as leader of a team building experiences for mobile devices. We emphasize the idea of transparency as a guiding principle for these new experiences.&
The new tracking tool is rolling out with todayupdate of the Microsoft Launcher for Android and will put the latest known location of your kids right in its personalized news feed.
I&m not sure how useful blocking access to sites in Edge for Android really is, but if you manage to lock your kids out from Chrome or any other pre-installed browser — and block them from downloading them — then I guess this could work.
As for MSN Kids, Microsoft notes that the site will curate information from trusted sources, includingTime for Kids, Popular Science, Sports Illustrated for Kids, National Geographic, and USA TODAY. Itworth noting that there is no sponsored content or advertising on the site.
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If you&ve ever been in a pointless meeting at work, odds are you&ve spent part of the time responding to messages or just putzing around on the Internet — but Klaxoon hopes to convert that into something a bit more productive with more interactive meetings.
The French startup today said itraised $50 million in a new financing round led by Idinvest Partners, withearly round investors BPI, Sofiouest, Arkea and White Star Capital Fund also participating. The company offers a suite of tools designed to make those meetings more engaging and generally just cut down on useless meetings with a room of bored and generally unengaged people that might be better off working away at their desk or even takingother meetings. The company has raised about $55.6 million in total.
The whole point of Klaxoon is to make meetings more engaging, and there are a couple ways to do that. The obvious point is to translate what some classrooms are doing in the form of making the whole session more engaging with the use of connected devices. You might actually remember those annoying clickers in classrooms used to answer multiple choice questions throughout a session, but it is at least one way to engage people in a room — and offering a more robust way of doing that may be something that helps making the session as a whole more productive.
Klaxoon also offers other tools like an interactive whiteboard (remember Smartboards, also in classrooms) as well as a closed networks for meeting participants that aims to be air-gapped from a broader network so those employees can conduct a meeting in private or if the room isn&t available. All this is wrapped together with a set of analytics to help employees — or managers — better conduct meetings and generally be more productive.All this is going to be more important going forward as workplaces become more distributed, and it may be tempting to just have a virtual meeting on one screen while either working on a different one — or just messing around on the Internet.
Of course, lame meetings are a known issue — especially within larger companies. So there are multiple interpretations of ways to try to fix that problem, including Worklytics — a company that came out of Y Combinator earlier this year — that are trying to make teams more efficient in general. The idea is that if you are able to reduce the time spent in meetings that aren&t really productive, that&ll increase the output of a team in general. The goal is not to monitor teams closely, but just find ways to encourage them to spend their time more wisely. Creating a better set of productivity tools inside those meetings is one approach, and one Klaxoon seems to hope plays out.
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Two weeks after his company attempted to impose a policy targeted at curbing &hate content and hateful conduct,& SpotifyCEO admitted the company mishandled its roll out.
During an interview at this weekCode Conference, Daniel Ek told the crowd, &The whole goal with this was to make sure that we didn&t have hate speech on the service. It was never about punishing one individual artist, or even naming one individual artist as well.&
The policy, introduced on May 10, pulled certain artists from Spotifycurated content streams over bad conduct in their personal lives. Pushback on the policy was almost instantaneous,and reports surfaced last week that Spotify was rethinking its approach. In particular, rapper XXXTencion, who was one of two artists single out by the service (along with R. Kelly), was reportedly going to be added back to Spotifypopular Rap Caviar playlist at some unspecified point.
Ek acknowledged that the implementation could have been handled better, and that Spotifyintention was never to play the role of &moral police.& The executive added that the policy is continuing to evolve, with Spotify soliciting user feedback. Among the many thorny issues the company is navigating here is how to address those artists who have been accused — but not actually charged or convicted — of a given crime.
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Read more: Spotify's CEO says business messed up 'hateful conduct' policy present
Write comment (98 Comments)Itoften the case that females wear & t believe much about their reproductive health till they need to. In some cases it starts with an aside from a well-meaning gynecologist —-- or oneimpatient moms and dads. Sometimes, itbecause a couple is prepared to try developing and itproving more difficult than they envisioned it would be. A San Francisco-based start-up called Modern Fertility wants to inform women about their reproductive health much previously in their lives, allowing them to end up being more & proactive & instead of reactive, says co-founder and CEO Afton Vechery, who worked formerly as a product manager at the hereditary screening business 23andMe and, before that, at a healthcare-focused private equity firm in Greenwich, Conn . At both locations, she discovered a lot about the growing number of companies that are empowering clients with info about their own bodies. She also discovered, particularly at 23andMe, about the value of making that details affordable. After shelling out $1,500 for tests run by a reproductive endocrinologist to get a better image of her own reproductive health, Vechery set out to develop similar tests that one needn & t be a Rockefeller to buy. Toward that end, an at-home finger-prick hormonal agent test that Modern Fertility began selling today for $199. The huge distinction in price owes to economies of scale, states Vechery. Due to the fact that there are just 500 infertility clinics in the U.S. and approximately 6,000 endocrinologists —-- simply 2,000 of which are concentrated on reproductive health —-- the cost of individual screening has actually been excessively high. Modern Fertility, on the other hand, has & systems and tech and integrations that support a high volume of tests & performed at the very same time, she states, describing that with volume comes marked down rates. Modern Fertility is not examining its clients & hormonal agents. It is utilizing all CLIA-certified laboratories, consisting of Quest Diagnostics, the 50-year-old, openly traded clinical lab company. & We & re not making new instruments, & says Vechery. & Our distinction is in access and the information that we offer to females. &. Modern Fertility is billing itself as more of an instructional business than anything else. While it will tell customers about 9 hormonal agent levels associated with ovarian reserves and overall reproductive health —-- which can be crucial, especially when it concerns factors to consider around egg freezing —-- much of what it uses is related to content based upon peer-reviewed studies about menopause and when females usually start to lose their fertility. Consumers also receive one optional one-on-one phone assessment with a fertility nurse who won & t give out medical advice however can share more info about which hormones are being tracked and why. For the price, that may suffice for lots of ladies. It sufficed for investors. Modern Fertility simply closed on $6 million in funding led by Maveron and Union Square Ventures, which were joined by Sound Ventures, #Angels, SV Angel and additional specific investors. No doubt these backers see a future where an offering like that from Modern Fertility is a perk provided by employers, more of which are offering fertility benefits to keep their employees happy and in place. Already, Vechery states that a & handful of companies & are interested in layering Modern Fertilitytests into their other wellness advantages. Modern Fertility is likewise depending on repeat consumers, recommending to them that re-taking its test from time to time will give a female a much better concept of how her & fertility curve & is changing over time. Many instantly, states Vechery, Modern Fertility —-- co-founded by Carly Leahy, an imaginative strategist who moved to California from Boston in 2014 after Google hired her, and who most recently logged two years at Uber —-- will be adding to its existing, eight-person team. It also will be & trying to understand the very best way it can get this information & to prospective clients, states Vechery. & We want to satisfy women where they are and inform them that this type of screening is essential. &. Imagined above: Modern Fertility co-founders Afton Vechery, left, and Carly Leahy.
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