Paypal created a cost effective way to safely accept payments 10 years ago, but the web has changed dramatically and accepting payments has not. Enter Stripe, a company that in my opinion is going to get very influential over the next few years. At a recent Startup Grind event I interviewed 24-year old Irish co-founder Patrick Collison who has raised $18MM from Sequoia Capital and others. Patrick is leading a company poised to completely disrupt the online payment industry starting with your website. → Read More
This week we recorded live from the show floor at Disrupt NYC. We sat through 24 hours straight of hot-rod hacking at the Hackathon and now we’re preparing for the main show and, most important, the brand new Hardware Alley where we’ll have loads of great hardware start-ups for you guys to check out.
→ Read More
Sponsored Ads
Disrupt NYC 2012 begins in approximately 12 hours (tickets here).
But it’s been two years since Soluto, the software that will make your computer simply run better, took home the Disrupt Cup at the TC Disrupt NYC Battlefield in 2010. The company entered the competition with a total of $7.8 million, and after walking away with the $50,000 round, secured another $10.2 million in Series B from Index Ventures for a total of $18 million in funding under their belts.
It’s been a wild ride, starting with about 400 users as the then-stealth company stepped on stage, and only a few days later they were dealing with hundreds of thousands of users. In fact, CEO and co-founder Tomer Dvir said that the platform almost had trouble dealing with all the data being sent back by the flood of new users.
But, in his own words, “Disrupt is one of the best ways to release.”
Here’s the interview I had with Mr. Dvir in its entirety: → Read More
Apple’s planned phase-out of the UDID has introduced considerable angst in the app marketing community. The UDID provides a standard, widely supported method for attributing performance of advertising campaigns. Unfortunately, there’s no single solution to replace the UDID and it appears the iOS market is fragmenting, with multiple technologies vying for developer attention. This is making it difficult for app developers to allocate their resources.
With all this uncertainty, some marketers are looking more closely at Google Play to fuel their continued growth in mobile. Unfortunately, many marketers are sidestepping Android development based on several published reports indicating that Apple’s iOS monetizes significantly better. Savvy marketers know that high-level statistics often mask a much more complex reality. While we’d never suggest that the iOS market be ignored, once you do the math you may find that Android represents a much more compelling (and profitable) opportunity than you thought.
→ Read More
Congratulations to Facebook for going public. Congratulations to the employees that are now millionaires. Congratulations to the founders who are now billionaires. Congratulations to the bankers, lawyers and investors who have added to their already considerable wealth. You’ve grasped the brass ring we’re all reaching for.
Yet the company that’s been created isn’t what I want from Silicon Valley. → Read More
After nearly 24 hours of fighting fatigue and crafting code, our Disrupt NY 2012 Hackathon is finally drawing to a close. Not a moment too soon — I think some of our hackers are about ready to keel over at this point.
Nevertheless, we just got an eyeful of 92 projects that our wonderful hackers have been slaving away on through the night, but only three teams will be able to show off their work on the main Disrupt stage this Wednesday. → Read More
A temporary solution to the drama that unfolded this morning when Twitter was blocked in Pakistan — some believe over representations of the Prophet Mohammed and Twitter’s refusal to block these images; and some believe while it was testing an image filtering service. Whatever it was, the site is now back up –after an order from Prime Minister.
Pakistan’s Express Tribune is reporting that Prime Minister Yousaf Raza Gilani made the decision after the site was down for the day on a mandate from the Pakistan Telecommunication Authority. But it is still not clear why the authorities shut down access in the first place.
→ Read More
Teaching kids – especially little girls – about electronics is a hard job. First, there’s the electricity. Then there’s the sense that soldering, wiring, and lining up LEDs is considerably less fun than watching Tangled. This project, called Roominate, aims to change the way girls think about electricity.
The kit consists of a set of tiny furniture with built-in wires and switches. You can wire up your dollhouse however you like, adding lamps and switches. $49 gets you one regular room and $95 gets you a “duplex.” → Read More
Sponsored Ads
A mere 24 hours ago, coders started hacking with hopes and dreams of building the next great app or program. Many participants stayed overnight, fueled on gumption and Red Bull. Others cut out early, apparently satisfied with their creation. But they’re all back now, waiting to present on our massive Disrupt stage. Watch it live! → Read More
There have been a lot of complaints voiced over the last couple of years from people who wish entrepreneurs would address the world’s “real problems” or do “something bigger” rather than create “me too” applications and websites. I’m not a fan of that sentiment but that’s really a whole other post I need to write. In all honesty, there’s a place and need in the world for all sorts of business visions – big and small.
And after watching a “big vision” TED talk from a few years ago, it has changed my life. Jane McGonigal presented this idea: Millions of people around the world are becoming gaming and computer virtuosos. Through video games, people journey to alternate “worlds” where they have epic journeys and become heroes. What if we tapped into that talent and desire for a world changing quest to change our own? What if we changed the idea behind gaming completely to create games that directly had a real world impact? → Read More
SpaceX and Elon Musk will not be held from the history books. Last night the company announced that engineers were currently replacing a faulty valve on engine #5, and if successful pending a data review today, the company would attempt a second launch on Tuesday, May 22nd. This comes as SpaceX’s maiden voyage to the International Space Station was cut a half second short by an automated safety function built into the rocket. → Read More
A life-size fire-breathing dragon. A fully robotic calliope band. A full-scale flight simulator built by teenagers. An entire herd of homemade R2-D2s. Electric cars, steampunk fashion, a robot petting zoo, a piano made of bananas, and a cardboard Trojan Horse. Plus a zillion different interactive attractions, classes, and events for kids of all ages. Yes, the Maker Faire is back in town, and only just in time.
It was exactly the tonic I needed after my inability to get excited about the Facebook IPO and my ongoing sense that most of the Valley is focused on building meaningless mobile/social/local/scrapbooking sugar water. This was a place full of people building real, tangible things for the sake of sheer awesomeness. Oh–and while they’re at it, almost as a side effect, hidden behind their Burning-Man-esque decor is a community and technology ready to turn the whole planet on its ear.
The maker movement has hit an interesting flux point; its amateurs and enthusiasts, much like the computer geeks of the 1970s and 1980s, now stand on the verge of watching their hobby erupt into big business that will reshape the way people everywhere live. Do I sound hyperbolic? Don’t just take my word for it; listen to the mighty Economist, which in its British understated fashion recently called digital manufacturing no less than “The third industrial revolution.” → Read More
With Disrupt NYC 2012 literally a day away (tickets here), it’s hard not to think about the past success of our former Battlefield startups. I’ve taken a close look at quite a few over the past couple weeks, and to be honest none have come as far as Mint.com. The company has rocketed to success since launching at TC40 in September, 2007, and subsequently winning the top prize at the Battlefield.
The personal finance service has raised a total of $38.1 million over the course of the past five years, and has gone on to be acquired by Intuit for a whopping $170 million in September of 2009.
When I spoke to VP and general manager of Mint, Aaron Forth, he said that two very specific things, the financial crisis of 2008/09 and a launch on the TechCrunch Disrupt stage, were the main factors of the company’s success, both in acquiring users and being themselves acquired.
→ Read More
It’s been a long, caffeine-fueled ride for the hundreds of hackers who have set up at our big Disrupt NY 2012 Hackathon, but the furious process of taking a wild idea and turning it into something real is finally winding down.
Projects were being finalized, UIs were being tweaked, last minute Red Bulls were being downed — it was a quite a sight to see everyone buckling down for those final few minutes before submissions were due. → Read More
Pictures of the Prophet Mohammad have always been a highly contentious issue — they’re not explicitly prohibited in the Qu’ran but many Sunni Muslims forbid the idea, while others do not seem to mind as much. Among the latter group are those who feel that banning such images is a restriction on freedom of expression. The issue at the center of the Pakistan-blocks-Twitter story today has been reported to be around a viral activist campaign that’s been running for the past few years to point attention to this.
But as with the actual blocking of Twitter itself in Pakistan — there has been no official Pakistani government statement about what is actually behind the current Twitter block at the moment (here is a screenshot of an alleged email ordering the block to ISPs with no specific reason behind it) – it’s hard to pin down exactly what content was actually sent around that caused the block in the first place.
And at least one group is raising the question of whether this blockage could be related to the government testing a image filtering service — something with wider-ranging implications.
→ Read More
Another day, another example of a country making it harder for its people to use the web and some of its most effective channels of communication? There are reports coming in from Pakistan that it has become the latest country to ban the use of Twitter. Update: it’s now back up — new post explaining development here. Read below for full story.
According to the blog Dawn, the chairman of Pakistan’s telecommunications authority has today imposed the restriction because of blasphemous content: it reports that Chairman Mohammad Yaseen blocked the site today “because Twitter refused to remove material related to a competition on Facebook to post images of Islam’s Prophet Muhammad.” Facebook, apparently, has complied with the request, says the blog. Others are now starting to report the same, and below the break we have a screenshot of how accessing the site looks from one of our readers in Lahore who says he “cannot access the site at all.”
Getting blocked in Pakistan, if true, is particularly ironic because the two, paired up, played a major role in one of the most important news events to be broken in recent history: the raid and demise of Osama bin Laden, which was tweeted by at least two people watching the raids as they happened in the mountains of the country.
→ Read More
It’s midnight.
The city is alive with Saturday night fever, and Pier 94 is just as awake, and perhaps a bit more drunk. Tequila shots (and plenty of beers) are flowing, along with Red Bull, Mountain Dew, and Energy Bites.
In other words, this place is like one giant vat of FourLoko, topped with a sprinkling of coders. → Read More
It’s been about eight hours since our big Disrupt Hackathon kicked off, and all of our intrepid hackers have been busy letting the code (and the caffeine) fly ever since.
I managed to tear a few of them away from their work (these folks are pretty motivated, so it took a bit of doing) to tell us a little bit about themselves and what they’ve been trying to crank out during the wee hours of the morning.
→ Read More
What a week. After eight years, Mark Zuckerberg takes Facebook public at a $104 billion valuation. His longtime girlfriend Priscilla Chan gets her medical degree from the UC San Francisco. He has his 28th birthday.
And to top it all off, they get married today! Mazel tov. → Read More
There’s a strong murmur in the room with random spurts of excitement. Hackers and coders have teamed up and mostly (hopefully) decided on a project. There are only 15 hours left. But night is approaching. That’s when things tend to get loopy thanks to the sudden influx of food and beer.
So far the event has been fantastic. There’s a 3:2 ratio of Macs vs PCs. Epic t-shirts are everywhere. Caffeine is flowing thanks to Red Bull and Outburst Energy Bites. → Read More
Sponsored Ads
New York City
New York City
San Francisco, CA
