Josh Elman wants to fall in love. He wants to make this investment. But the startup founder sitting across from him—bland and too confident for his own good—is making it difficult. The founder is not so much playing hard to get as clueless. Elman is a partner at one of the tech world’s top venture capital firms, Greylock Partners. These days Greylock maintains not one but two offices in the San Francisco Bay Area. One is on Sand Hill Road, in Menlo Park, long the Wall Street of venture capital and more or less in the middle of Silicon Valley. But these days the center of gravity in the tech world has shifted north to San Francisco, and Greylock, like most of the area’s leading venture firms, now leases space in the city. Elman is working out of Greylock’s San Francisco offices on a sunny Wednesday in the fall of 2017. It’s there, in a factory-chic office in a part of town thick with startups and rival venture firms, that I join him for a lineup of … [Read more...] about What Really Happens in a VC Pitch Meeting?
What investors look for in a startup
By Rob Copeland WSJ Mon., Feb. 4, 2019 Google parent Alphabet Inc. is scheduled to announce fourth-quarter earnings after the market closes on Monday. Here is what you need to know: EARNINGS FORECAST: Alphabet is expected to report adjusted per-share earnings of $11.02, according to analysts polled by FactSet. That compares to adjusted per-share earnings a year earlier of $9.70, which excluded a major charge due to U.S. tax law changes. REVENUE FORECAST: Analysts expect revenue of $38.9 billion, compared with $32.32 billion in the year-earlier period. WHAT TO WATCH: ‘ELEPHANT HUNTING’ IN THE CLOUD: At 20 years old, Google is becoming an old man winter in the technology world, seldom offering disappointment and, even more rarely, surprises. Alphabet shares were down 1% last year. While Chief Executive Sundar Pichai last quarter called Google’s latest hardware “our best yet,” products like the Pixel phone have hardly broken through … [Read more...] about Google Parent’s Investors Look for New Spark After Shares Fell in 2018
Tim Campos thinks calendars are broken. As Facebook’s former chief information officer, he would know; for six years, he coordinated countless conference calls and boardroom meetings across calendar platforms that were woefully “inflexible” and “stagnant.” “There’s a bunch of things calendars don’t do,” Campos told VentureBeat in a phone interview. “They actually don’t coordinate, which is surprising because we think of calendaring as an activity, but coordination is actually done over email and text. … We surprisingly don’t use calendars to prep and follow up from meetings — we use other tools for that. And you can’t even go to the calendar to ask questions about how you’re spending [your time].” Those and other grievances led Campos and Burc Arpat, a former engineering lead at Facebook and Google, to create Woven, an “intelligent” … [Read more...] about Woven, a startup founded by Facebook’s former CIO, wants to supercharge calendars
Erin Brodwin, provided by Published 10:06 am PST, Wednesday, November 7, 2018 Silicon Valley startup New Age Meats made history in September by letting journalists taste the first cell-based pork sausage made in a lab. Making meat without slaughter has been the primary objective of several companies since Dutch scientist Mark Post made the first "lab-grown" hamburger in 2013. This week, the company revealed a rough idea of how much the sausage costs to make and announced progress on nailing a formula that addresses one of the "holy grails" of clean meat. On a crisp fall day in San Francisco, a startup called New Age Meats let people see how its sausage gets made — without butchering any animals. In September, the company let a handful of journalists and prospective investors taste its prototype pork sausages, which had been made from animal cells brewed up in a piece of machinery akin to a small brewer's vat. And now, the company says it's making progress on … [Read more...] about The startup behind the first lab-grown pork links let us see how their sausage gets made — and said it slashed the cost by 12x in a month
caption A look through various screens on AutoGravity’s mobile-based app. source AutoGravity AutoGravity is a California-based startup that aims to change the way consumers buy and lease cars. AutoGravity has developed app-based technology that allows consumers the ability to pick out their desired vehicle at their desired price and prequalify for a loan before even stepping foot into a dealership. “Our main goal, very simply, is to radically change the way people buy cars,” said AutoGravity’s Chief Technology Officer Jason Bonifay. Since its national launch in June 2017, more than $3 billion worth of vehicle financing loans have been requested. The California-based company AutoGravity is trying to change the way people buy cars. The company has developed an app-based technology that lets consumers pick out their desired vehicle at their desired price and prequalify for a car loan before even … [Read more...] about Mercedes’ parent company is betting on a startup that’s trying to fix one of the most annoying things about buying a car