Odds and Ends 

In venture capital, its still the age of the unicorn

Howie Xu At the time, the piece defined a new breed of startup — the $1 billion privately held company. When Lee did her first count, there were 39 “unicorns”; an improbable, but not impossible number.. Today, the once-scarce unicorn has become a global herd with 376 companies on the roster and counting. But the proliferation of unicorns begs raises certain questions. Is this new breed of unicorn artificially created? Could these magical companies see their valuations slip and fall out of the herd? Does this indicate an irrational exuberance…

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Iflix raises $133M for its Netflix-style service for emerging markets

Iflix, an Asia-based startup providing Netflix-like streaming services in emerging markets, has landed $133 million in fresh funding to accelerate its business. The investment was led by U.S. media conglomerate Hearst, which counts BuzzFeed, Vice and Roku among its investment portfolio. The group was joined by anothernew backerEDBI the corporate investment arm of the Singapore Economic Development Board alongside undisclosed clients of Singapore-based DBS bank. Existing investors joining includedEvolution Media, UK broadcaster Sky, Malaysias Catcha Group, Liberty Global, Jungle Ventures and PLDT. Iflix was started in May 2015, initially in…

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The decentralization of startup building

Sam Cash is a vice president at Betaworks. Building and investing in startups is rapidly proliferating to the many, instead of remaining the preserve of the few. The old paradigm of physical centralization Silicon Valley is the innovation bellwether of our time. The concentration of talent and capitalas well as a culture typified by speed and boldnesshas created trillions of dollars of shareholder value and pushed the envelope of innovation. The venture capitalists on Sand Hill Road have for decades dined on the fruits of funding entrepreneurs who travelled to…

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Pendo closes $25M Series C from Meritech to scale its customer understanding platform

Just seven months after announcing a $20 million Series B, Pendo, a platform to help businesses better understand their customers, has closed a new $25 million Series C led by Meritech Capital Partners. The North Carolina-based startup has been growing at a rapid clip ballooning to 106 employees across offices in San Francisco, New York and Raleigh. Meritechs Rob Ward will be joining the Pendo board of directors to help guide future acquisitions and an international expansion strategy. Pendo is a tool that companies can use to track key customer…

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Here comes PragueCrunch V

Ive been visiting Central Europe almost every year and almost every year my buddy Jack Deneut has been setting up PragueCrunch, our kind-of-semi-annual celebration of Czech startups. And its happening again this year! The event is on July 13, 2017 at Riegrovy Sady Beer Garden. You can RSVP here. Well have free Kozel and Gambrinus beer all night and traditional Czech pub food for purchase at the venue. Startups will have 90 seconds to pitch without about 90 seconds of questions from judges. To pitch please submit your startup here.…

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Top Ten Automotive Startups competition open for submissions

For the past few years, the Los Angeles Auto Show has hosted the Top Ten Automotive Startups competition. The event is now open for submissions through July 15, so if youve got an automotive app, service or cool bit of tech, nows your chance. The 10 winners will be featured at the LAAS Automobility Technology Pavilion, which is just outside the LA Convention Center. These companies will get booth space in the pavilion, where thousands of industry analysts, media members, manufacturers and government types will be hanging out and looking…

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The Internet of Cows herds hackers to support the global cattle industry

Cows are generally not top of mind amongthosewho call the animal pen,South of Market, San Francisco, home. But Internet of Cows hackathon, in partnership with The Silicon Valley Forum, the startup put groupsto work brainstorming solutionsfor monitoring herds, exporting goods and securing loans. This is the fourth time that the 17 person BovControl team has hosted thishackathon. The companys mission is to enhance food production. Its core product, a mobile and web app which aggregates data from bovine ear rings, chips and smart scales and spits out digestible visualizations, contributes…

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See you tomorrow at the Pittsburgh Micro-Meetup

Were in town for a few days and were excited to meet all of you at the Pittsburgh Micro-Meetup tomorrow. In preparation for Disrupt New York and our upcoming TC Sessions series on robotics, John Biggs and I are in Pittsburgh to talk to some startups. We will meet at The Shop on April 11 at 7pm, a new place near Bakery Square. Please RSVP ASAP. We also need lots and lots of startups, preferably in hardware. Startups will have two minutes to pitch and two minutes of questioning from…

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