Technology
Keith Rabois says Miami is still a great place for startups, even with a16z leaving
Keith Rabois, managing director of Khosla Ventures, was having dinner with a “very successful CEO” in October 2018 when the CEO asked him: How many individuals does it take to create a completely latest Silicon Valley? 10,000? 100,000?
Rabois didn’t know, but he decided to take up the challenge and check out to make Miami the following Valley.
And even though other major investors, comparable to Andreessen Horowitz, relocated and closed its Miami office just two years after opening, Rabois said he stays bullish on the South Florida city.
At the Primary Venture Partners Summit in New York on Thursday, Rabois said 11% of all seed investments within the U.S. come from Miami, which is “up from almost nothing,” and he hopes to extend that to twenty%.
Although seed investing in Miami startups has only made up 2.6% of total U.S. seed investing to date this yr, based on PitchBook data. In 2023, it can make up 3.5%.
“And the statistic you should be looking at if you’re interested in the future of technology is the fraction of seed investments, where are they happening?” Rabois said, adding that later-stage investments reveal less in regards to the way forward for technology.
Rabois also said Khosla Ventures is preparing to speculate in its fifth Miami-based company that may “change education for the better,” but he didn’t provide details.
In April, Khosla and Founders Fund, where Rabois worked from 2019 until January, led a $150 million investment in expense management startup Ramp. Rabois said that Ramp, which is based in New York, has an office in Miami, which adds to the town’s appeal.
Rabois said he’s often lively on X/Twitter, touting Miami as a great place for founders because he thinks it takes work to construct a latest tech hub. He added that he wants founders and investors to know there are opportunities in vibrant cities where you don’t get up day-after-day and fear “assault and abuse,” an apparent reference to San Francisco’s homelessness and opioid epidemics.
While Rabois still believes in Miami’s future as a tech hub, he hasn’t completely abandoned San Francisco and it appears to be he spent about a quarter of his time at home.
As an interesting aside, Rabois said he would support Daniel Lurie for mayor of San Francisco, who has tough attitude on solving the opioid crisis.
“To create a technology ecosystem, you need angel investors. You need founders. You need Series A investors. You need a lot of different skills in the company — engineers, designers, business people, salespeople. It’s really hard to start an ecosystem,” he said. “That’s why proselytizing is important.”
Technology
US medical device giant Artivion says hackers stole files during a cybersecurity incident
Artivion, a medical device company that produces implantable tissue for heart and vascular transplants, says its services have been “disrupted” resulting from a cybersecurity incident.
In 8-K filing In an interview with the SEC on Monday, Georgia-based Artivion, formerly CryoLife, said it became aware of a “cybersecurity incident” that involved the “compromise and encryption” of information on November 21. This suggests that the corporate was attacked by ransomware, but Artivion has not yet confirmed the character of the incident and didn’t immediately reply to TechCrunch’s questions. No major ransomware group has yet claimed responsibility for the attack.
Artivion said it took some systems offline in response to the cyberattack, which the corporate said caused “disruptions to certain ordering and shipping processes.”
Artivion, which reported third-quarter revenue of $95.8 million, said it didn’t expect the incident to have a material impact on the corporate’s funds.
Technology
It’s a Raspberry Pi 5 in a keyboard and it’s called Raspberry Pi 500
Manufacturer of single-board computers Raspberry Pi is updating its cute little computer keyboard device with higher specs. Named Raspberry Pi500This successor to the Raspberry Pi 400 is just as powerful as the present Raspberry Pi flagship, the Raspberry Pi 5. It is on the market for purchase now from Raspberry Pi resellers.
The Raspberry Pi 500 is the simplest method to start with the Raspberry Pi because it’s not as intimidating because the Raspberry Pi 5. When you take a look at the Raspberry Pi 500, you do not see any chipsets or PCBs (printed circuit boards). The Raspberry Pi is totally hidden in the familiar housing, the keyboard.
The idea with the Raspberry Pi 500 is you could connect a mouse and a display and you are able to go. If, for instance, you’ve got a relative who uses a very outdated computer with an outdated version of Windows, the Raspberry Pi 500 can easily replace the old PC tower for many computing tasks.
More importantly, this device brings us back to the roots of the Raspberry Pi. Raspberry Pi computers were originally intended for educational applications. Over time, technology enthusiasts and industrial customers began using single-board computers all over the place. (For example, when you’ve ever been to London Heathrow Airport, all of the departures and arrivals boards are there powered by Raspberry Pi.)
Raspberry Pi 500 draws inspiration from the roots of the Raspberry Pi Foundation, a non-profit organization. It’s the right first computer for college. In some ways, it’s a lot better than a Chromebook or iPad because it’s low cost and highly customizable, which inspires creative pondering.
The Raspberry Pi 500 comes with a 32GB SD card that comes pre-installed with Raspberry Pi OS, a Debian-based Linux distribution. It costs $90, which is a slight ($20) price increase over the Raspberry Pi 400.
Only UK and US keyboard variants will probably be available at launch. But versions with French, German, Italian, Japanese, Nordic and Spanish keyboard layouts will probably be available soon. And when you’re in search of a bundle that features all the things you would like, Raspberry Pi also offers a $120 desktop kit that features the Raspberry Pi 500, a mouse, a 27W USB-C power adapter, and a micro-HDMI to HDMI cable.
In other news, Raspberry Pi has announced one other recent thing: the Raspberry Pi monitor. It is a 15.6-inch 1080p monitor that’s priced at $100. Since there are quite a few 1080p portable monitors available on the market, this launch is not as noteworthy because the Pi 500. However, for die-hard Pi fans, there’s now also a Raspberry Pi-branded monitor option available.
Technology
Apple Vision Pro may add support for PlayStation VR controllers
According to Apple, Apple desires to make its Vision Pro mixed reality device more attractive for gamers and game developers latest report from Bloomberg’s Mark Gurman.
The Vision Pro was presented more as a productivity and media consumption device than a tool geared toward gamers, due partly to its reliance on visual and hand controls moderately than a separate controller.
However, Apple may need gamers if it desires to expand the Vision Pro’s audience, especially since Gurman reports that lower than half one million units have been sold to this point. As such, the corporate has reportedly been in talks with Sony about adding support for PlayStation VR2 handheld controllers, and has also talked to developers about whether they may support the controllers of their games.
Offering more precise control, Apple may also make other forms of software available in Vision Pro, reminiscent of Final Cut Pro or Adobe Photoshop.
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