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Indian venture capitalists

Indian tech startups raised a record $10.5 billion in 2018, but concerns remain

January 4, 2019 venturebeat Leave a Comment

India’s tech startups closed 2018 on a record high note, securing several major deals to further cement the nation’s position on the world map. But despite an influx of money from international investors, the local ecosystem’s overall health has some concerned. The year saw a high-profile acquisition, the emergence of new unicorns, and more startups than ever expanding their businesses internationally. These local players were joined by Silicon Valley companies hoping to turn India into their next big market. India’s startups participated in 924 rounds to secure a record $10.5 billion in funding last year, slightly ahead of the $10.4 billion they raised (through 1,141 rounds) in 2017, and a major rebound from the alarming down cycle of 2016, when they raised just $4.3 billion, according to data from Tracxn, a firm that tracks startup funding. Going global The funding rounds gained momentum in the second half of the year, giving India two new unicorns … [Read more...] about Indian tech startups raised a record $10.5 billion in 2018, but concerns remain

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Plan to split California into 3 states may qualify for ballot

April 12, 2018 robert Leave a Comment

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Mark Zuckerberg’s I’m Sorry Suit

April 10, 2018 robert Leave a Comment

Supported by Fashion & Style By VANESSA FRIEDMANAPRIL 10, 2018 Continue reading the main story Share This Page Continue reading the main story How do we know that Mark Zuckerberg, chief executive of Facebook and man currently under scrutiny, really does feel contrite and humbled by his company’s failure to protect users’ personal data, as he said during his testimony before Congress on Tuesday?Well, he donned, if not a penitent’s robes, then what seems like his equivalent: a suit and tie.It began on Monday, when Mr. Zuckerberg made the rounds of congressional leaders in a dark suit, white shirt and ink blue tie. On Tuesday, when he took his seat on the committee room floor, the suit was navy, and the tie was Facebook blue. It was somber. It was on brand.And for someone who has made a professional and personal signature out of the plain gray tee and jeans — who has posted pictures of the row of gray T-shirts and hoodies hanging in his closet on … [Read more...] about Mark Zuckerberg’s I’m Sorry Suit

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Warriors News: Steve Kerr Slams ‘Pathetic’ Performance Following Heavy Loss To Pacers

April 5, 2018 robert Leave a Comment

U.S. Edition EditionsAustralia EditionChina EditionIndia EditionSingapore EditionUnited KingdomUnited States Apr 06, 1:00 AM EDT Subscribe BusinessTechnologyWorldNationalMedia & CultureMillennial MoneyOpinionSportsLuxury Sports By Abhinav Kini On 04/06/18 AT 12:56 AM The Golden State Warriors put in an "embarrassing" and "pathetic" performance in their heavy loss to the Indiana Pacers on Thursday night, according to head coach Steve Kerr.The reigning NBA champions (57-22) suffered their eighth loss in 14 games after losing 126-106 at the Bankers Life Fieldhouse despite having the likes of Draymond Green, Klay Thompson and Kevin Durant at their disposal.Durant led the visitors with 27 points, five rebounds and seven assists, however, shot 8-for-23 while Thompson finished the game with 16 points. Despite their efforts, the Warriors were never close to the Pacers after the second half, with the Eastern Conference side now boasting six wins in seven games … [Read more...] about Warriors News: Steve Kerr Slams ‘Pathetic’ Performance Following Heavy Loss To Pacers

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The game industry is finally making its way into emerging markets

April 5, 2018 robert Leave a Comment

The recent Game Developers Conference had a diverse collection of attendees and speakers from all over the world. Some of them had trouble making it into San Francisco, thanks to heavier border screening. But a map of where people came from (above) showed that game development has spread all over the world. At GDC, GamesBeat held a breakfast panel about the growth of emerging markets for games, and how much progress the $116 billion industry has made. Once upon a time, all you needed for this growth to happen was stores and electricity. But now games are connected, and it takes broadband connectivity and a number of other factors for games and game studios to thrive. Our speakers included Nelson Rodriguez, global director of media industry strategy at Akamai, Mario Valle Reyes, managing director of Altered VC, a new venture investment fund for emerging markets; Sridhar Muppidi, CEO of YesGnome in India; and Javier Entelman, CEO of Inca Games in Buenos Aires. Valle Reyes will speak … [Read more...] about The game industry is finally making its way into emerging markets

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