The SEC has charged two initial coin offerings with defrauding investors

The Security and Exchange Commission today has charged both a diamond and a real estate initial coin offering scheme with defrauding investors. REcoin, which promoted itself as the first cryptocurrency-backed real estate company and DRC World, a diamond company, are owned by businessman Maksim Zaslavskiy. The SEC accuses Zaslavskiy of selling unregistered securities and coins that… Read More by Sarah Buhr #TechCrunch #ITNews #tech #news

https://techcrunch.com/2017/09/29/the-sec-has-charged-two-initial-coin-offerings-with-defrauding-investors/?ncid=rss

September 29, 2017 at 08:38PM

Travis Kalanick appoints Ursula Burns, John Thain to Uber’s board

Former Uber chief Travis Kalanick has appointed two more people to the ridesharing company’s board. One of the seats is going to Ursula Burns, former CEO and Chairwoman of Xerox. The other is going to John Thain, who has served as CEOs of CIT Group, Merrill Lynch and the New York Stock Exchange. A spokesperson for Kalanick provided us with the following statement: “I am happy to… Read More by Katie Roof #TechCrunch #ITNews #tech #news

https://techcrunch.com/2017/09/29/travis-kalanick-appoints-ursula-burns-john-thain-to-ubers-board/?ncid=rss

September 29, 2017 at 08:38PM

StackCommerce buys Joyus to focus on video and expand into fashion, shopping and beauty

StackCommerce, which sells articles sponsored by brands and published on websites, has acquired the online video marketing company Joyus in an all cash transaction to expand its advertising footprint in media targeting women and work more with online video. The media market for fashion, women’s health, and shopping is a new one for StackCommerce which has worked closely with websites… Read More by Jonathan Shieber #TechCrunch #ITNews #tech #news

https://techcrunch.com/2017/09/29/stackcommerce-buys-joyus-to-focus-on-video-and-expand-into-fashion-shopping-and-beauty/?ncid=rss

September 29, 2017 at 08:23PM

Building a Series A SaaS valuation estimator (2017 edition)

I have financed nearly 50 early-stage companies and the question of proper valuation comes up in every financing. There is the obvious tension: Generally speaking, the existing shareholders would like the highest valuation possible, while the new investors would prefer the lowest. For founders, understanding how VCs look at valuation is critical for a successful fundraising process. Read More by Alex Rosen #TechCrunch #ITNews #tech #news

https://techcrunch.com/2017/09/29/building-a-series-a-saas-valuation-estimator-2017-edition/?ncid=rss

September 29, 2017 at 05:08PM

Roku nearly doubles since IPO, up another 13% on day two

Digital streaming business Roku has soared in its public debut. After pricing its IPO Wednesday at $14 per share, Roku finished its first day of trading at $23.50, up nearly 68%. And by the end of Friday, Roku closed at $26.54, or up 90% in less than 48 hours. The company is now valued at about $2.6 billion. So this must be great news for the company, right? Well, sort of. Roku’s team… Read More by Katie Roof #TechCrunch #ITNews #tech #news

https://techcrunch.com/2017/09/29/roku-nearly-doubles-since-ipo-up-another-13-on-day-two/?ncid=rss

September 29, 2017 at 05:03PM

Roku nearly doubles since IPO, up another 13% on day two

Digital streaming business Roku has soared in its public debut. After pricing its IPO Wednesday at $14 per share, Roku finished its first day of trading at $23.50, up nearly 68%. And by the end of Friday, Roku closed at $26.54, or up 90% in less than 48 hours. The company is now valued at about $2.6 billion. So this must be great news for the company, right? Well, sort of. Roku’s team… Read More by Katie Roof #TechCrunch #ITNews #tech #news

https://techcrunch.com/2017/09/29/roku-nearly-doubles-since-ipo-up-another-13-on-day-two/?ncid=rss

September 29, 2017 at 05:03PM

Some VCs are eager to jump into ICOs, but a host of challenges remain

Venture capitalists are in a rare pickle. Companies have raised more than $1.7 billion through initial coin offerings, or ICOs, this year, by selling their own customized virtual currencies. For the companies, the trend is a godsend. They can raise the money and use it to fuel new projects without having to give away a piece of their company to venture capitalists. People who believe in the… Read More by Connie Loizos #TechCrunch #ITNews #tech #news

https://techcrunch.com/2017/09/29/some-vcs-are-eager-to-jump-into-icos-but-a-host-of-challenges-remain/?ncid=rss

September 29, 2017 at 04:43PM

Researcher Emilio Ferrara talks about the rise of fake news and botnets

Emilio Ferrara has been thinking about botnets for over a decade. As the first social networks climbed out of the mire, he noticed that they were very easy to game. Now, it seems, all of those early tools have finally been weaponized. I spoke to Ferrara about his research work as well as his fascinating study that found that Twitter bots can be used for good. In this episode of Technopia we… Read More by John Biggs #TechCrunch #ITNews #tech #news

https://techcrunch.com/2017/09/29/researcher-emilio-ferrara-talks-about-the-rise-of-fake-news-and-botnets/?ncid=rss

September 29, 2017 at 04:09PM

Researcher Emilio Ferrara talks about the rise of fake news and botnets

Emilio Ferrara has been thinking about botnets for over a decade. As the first social networks climbed out of the mire, he noticed that they were very easy to game. Now, it seems, all of those early tools have finally been weaponized. I spoke to Ferrara about his research work as well as his fascinating study that found that Twitter bots can be used for good. In this episode of Technopia we… Read More by John Biggs #TechCrunch #ITNews #tech #news

https://techcrunch.com/2017/09/29/researcher-emilio-ferrara-talks-about-the-rise-of-fake-news-and-botnets/?ncid=rss

September 29, 2017 at 04:09PM