Category Archives: new york city

Minds, the blockchain-based social network, grabs a $6M Series A

Minds, a decentralized social network, has raised $6 million in Series A funding from Medici Ventures, Overstock.com’s venture arm. Overstock CEO Patrick Byrne will join the Minds Board of Directors. What is a decentralized social network? The creators, who originally crowdfunded their product, see it as an anti-surveillance, anti-censorship, and anti-“big tech” platform that ensures that no one party controls your online presence. And Minds is already seeing solid movement. “In June 2018, Minds saw an enormous uptick in new Vietnamese of hundreds of thousands users as […]

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New York on Tech is helping under-resourced students become future tech leaders

Image: Getty Images/smartboy10/DigitalVision Jessica Santana and Evin Robinson were riding the subway home from a college leadership conference when they realized they were getting off at the same stop.  It turned out, they had grown up in the same neighborhood, no more than 5 blocks apart. Years later, both Santana and Robinson were working six-figure jobs in the tech practices of elite corporations but were disheartened by the homogeneity of their surroundings. The tech industry is the primary generator of new jobs in the US, but the inaccessibility of […]

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Humbition is a new fund led by the Indiegogo’s Slava Rubin

Zocdoc founder Cyrus Massoumi and Indiegogo founder Slava Rubin have created a new $30 million fund called Humbition aimed at early stage, founder-led companies in New York. “The fund is focused on connecting startups with investors and advisors experienced in building and growing successful businesses,” said Rubin. “We are seeking to fill a void in NYC, where the vast majority of early stage investors have no significant experience building and scaling businesses,” he said. “The fund’s main areas of investment include marketplaces, consumer and health tech. But […]

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Boston-area startups are on pace to overtake NYC venture totals

Joanna Glasner Contributor More posts by this contributor Home run exits happen stealthily for biotech While tech waffles on going public, biotech IPOs boom Boston has regained its longstanding place as the second-largest U.S. startup funding hub. After years of trailing New York City in total annual venture investment, Massachusetts is taking the lead in 2018. Venture investment in the Boston metro area hit $5.2 billion so far this year, on track to be the highest annual total in years. The Massachusetts numbers year-to-date are about 15 […]

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