As college students at the University of California, Spencer Kimball and Peter Mattis created the successful open source graphics program, GIMP, which drew the attention of Google. The duo eventually joined Google and received personal praise from Sergey Brin and Larry Page. Kimball and Matisse soon became prominent in the company and then chose to leave everything behind and start what would eventually become Cockroach DB. A few years later, Cockroach Labs will have more than 250 employees, with a total investment of more than $ 350 million from Benchmark, GV, Index Ventures, Redpoint and others, according to Crunchbase. The company is currently on the road to what appears to be an “unavoidable IPO.”
The story from the origin of CockroachDB to the future was told in a four-part series. In the latest EC-1:
I’m prejudiced, but it’s a must read to get into the tensions that startup founders may be involved with. From navigating heavyweight competitors to growing beyond the free tier and keeping user attention. This is the 8th EC-1 published so far.Danny Crichton, my colleague and editor-in-chief of TC, says 90,000 words about startups, product development, marketing and more.
The rest of this newsletter discusses WeWork books, bite-sized entrepreneurship, and some SPACs. Follow us on Twitter @nmasc_.. Or don’t, it’s your choice!
In this week’s equity, Alex and I interviewed Elliott Brown, who wrote “The Cult of We” with Maureen Farrell.Our conversation riffed some of the book’s eyebrows details and anecdotes, but focused primarily on it. what The rise and fall of WeWork has had an even wider impact on the state of startups and technology journalism.
Here’s what you need to know: It hasn’t changed much. Joking aside Brown shared his notes How the current boom in startup funding has a frenzy and fluffy air. He also talked about how the brightest questions can be simple questions. What makes you a technology company?
More money, more problems?
What’s TikTok again?
TikTok kept popping up all week long. For example, Index Ventures pointed out how its TikTok account is a channel for attracting impressive supporters and talking to the younger generation.There’s no such thing as some short format videos to keep you hip and friendly Raise $ 3 billion at a time.
Here’s what you need to know: TikTok has certainly changed the world, but I’m worried about seeing the appeal of bite-sized content becoming educational technology. Bite-sized content is a nifty way to spread content, but it’s not a panacea. Duolingo, which priced its IPO this week, is still struggling to show meaningful learning outcomes. Optimize motivation rather than understanding. This tension is an important caveat for companies such as: Numbers And SololearnBoth have tried not to over-cover TikTok’s learning materials this week.
Other edtech content for your eyes:
It’s been a while since I used the acronym in Startups Weekly. That said, special purpose acquisition vehicles are still very important and worth paying attention to.
Here’s what you need to know: Lucid Motors’ SPAC merger has just been approved. Reporter Aria Aramaruhodai The move wrote that it happened after executives extended the deadline to vote for the merger by one day after not having enough investors. “This problem is unusual, but it can become more common as more companies avoid the traditional IPO path to the open market and instead merge with SPAC,” she writes. ..
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The DL on CockroachDB – TechCrunch Source link The DL on CockroachDB – TechCrunch