What happens when you sell your startup?

 This is the final installment in the series “A Startup Takes Flight.” We started by creating a company — the Internet of Wings, a provider of drone-delivered chicken sandwiches that pivoted into general food delivery — and examined some of the most common financing terms entrepreneurs and VC investors discuss. It’s time to get our investors a liquidity event… Read More

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Globality raises $35 million for its marketplace to connect small companies with big business

 Small business has long been held as a key driver of the global economy, but these businesses often don’t have access to large multinational companies who could use their services. Hoping to change that paradigm, is Globality, a startup founded by Joel Hyatt, the former head of growth and innovation at the consulting firm, McKinsey, which has just raised $35 million in new financing.… Read More

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Lyft hires Katie Dill as VP of Design

 Lyft has hired Katie Dill as its new Vice President of Design, overseeing design in a broad sense across the company, covering user experience, product and more. Dill joins from Airbnb, where she was Director of Experience and helped usher in the peer-to-peer rental business’s new brand identity. Prior to her time at Airbnb, Dill was a Creative Director at renowned firm frog design in… Read More

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IBM is using the blockchain to speed up and simplify cross-border payments

 The blockchain has long been seen as a method to quicken (and cheapen) cross-borders payments, and now that movement — which includes a number of startups making moves privately — just got its highest profile advocate after IBM announced its own solution focus on banks.
The computing giant has teamed up with blockchain startup Stellar and payment company Kickex to launch a… Read More

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Smart cities are boring. Give us responsive cities.

 As an urban technologist, I’m often asked to give an example of a compelling smart city application that real people are using. But to be honest, there really isn’t too much to point to – yet. Cities may be getting smarter, but they haven’t noticeably changed from a user perspective. It seems like most of the digital advances in cities have been invisible and focused… Read More

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Small business lending in Mexico gets a boost

 Micro-lending and small business financing are a critical component of economic growth in around the world, and the need for access to low-cost capital is especially important in developing countries. The Catch-22 is that these countries are also the ones where the lending markets are the least developed and where most financial institutions are reluctant to lend money to people who… Read More

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Already huge in China, Tuputech pitches its AI that identifies porn and violence stateside

 In China, where content laws are far more restrictive and penalties for defying government proscriptions on content are far more severe, new social media giants and telecom providers like Musical.ly, Live.me, China Mobile Communications, Thunder, and China Unicom have moved away from employing human censors to deploying a technology from the young Guangzhou-based startup Tuputech. Read More

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Search and social media was filled with clickbait and propaganda in the wake of Vegas shooting

 Letting an algorithm cull links from the sewer of internet commentary, and then distributing that to millions of people, is a losing game. It’s another sign of how Facebook and the rest continue to abdicate responsibility. Read More

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