Technology
Ulu Ventures sticks to its strategy of diversity, collects $ 208 million

While large corporations akin to Google and Meta limiting their Dei programs, Ulu Ventures, which just raised the fourth Fund $ 208 millionThe company doesn’t plan to change the strategy of investing in various founders, the corporate said The Wall Street Journal.
Co -founder Miriam Riviera, Latin and former Vice President and Deputy Legal Advisor in Google, Uluts uses an investment approach based on data to filter prejudices.
A 17-year-old company investing in seed startups is careful that constant efforts to diversity can increase the danger under the brand new administration. “If you have to stand strongly on Dei today, you must be incredibly fastened,” one of the corporate’s partners said WSJ, which suggests that investing based on data doesn’t mean that the corporate is conducive to a particular demographic founder.
It seems that the partners with the limited partners are on board with the approach to diversity. The fourth fund of the corporate is 50% higher than the third fund $ 138 million collected in 2021.
(Tagstranslate) dei
Technology
Dad and 16-year-old son are introducing a new financial coaching tool with AI-

This revolutionary artificial intelligence is the results of the exceptional cooperation of Eric Mcloyd, Sr., an experienced advisor and financial trainer and his 16-year-old son Eric Jr., whose fascination with technology caused the thought of this progressive tool.
Father’s determination to remodel the moment that could be taught into a breakthrough project led to creation KAI coachAI powered financial tool, which goals to supply financial coaching to all. This revolutionary artificial intelligence is the results of the exceptional cooperation of Eric Mcloyd, Sr., an experienced advisor and financial trainer and his 16-year-old son Eric Jr., whose fascination with technology caused the thought of this progressive tool.
History began when Eric Jr. He got into trouble in school for using chatgpt to perform his tasks. Initially, his dad was frustrated, but he quickly saw the potential of his son’s ingenuity. Eric Sr. He decided to convey the instinct of his son’s technology to a constructive project: Building the AI powered tool that might solve a universal problem-August problem for individuals who want financial coaching.
“I met thousands of people who want and need financial coaching, but they were limited by access. Here is my son, who uses the latest technology with curiosity and ingenuity, “said Eric Mcloyd, senior.” He just needed a constructive way to direct him. “
The result’s Kai coach, a free financial tool, which connects over 10,000 hours of financial knowledge of Eric McLoyda Sr. with technological passion. Built on a proven approach to financial coaching, Eric Sr., Kai coach provides interactions based on goals geared toward directing users step-by-step towards financial freedom. It also provides direct access to supporting financial lessons and other educational content.
“Our vision is to provide financial coaching for everyone,” explained Eric Mcloyd, jr. “And although it is exciting to launch this tool, the best part works with my dad. This really taught me the power to transform challenges into possibilities. “
For his father, coach Kai is greater than just a financial tool – it’s a history of perseverance, innovation and family. “So here we are, father and son, ready to share Kai with the world,” he added. “Who knows? Maybe this is the beginning of my son’s journey as a financial professional. “
Father’s determination to remodel the moment that could be taught into a breakthrough project led to creation KAI coach. This financial tool powered by artificial intelligence goals to supply financial coaching to everyone. This revolutionary artificial intelligence is the results of the exceptional cooperation of Eric Mcloyd, Sr., an experienced advisor and financial trainer and his 16-year-old son Eric Jr., whose fascination with technology caused the thought of this progressive tool.
History began when Eric Jr. He got into trouble in school for using chatgpt to perform his tasks. Initially, his dad was frustrated, but he quickly saw the potential of his son’s ingenuity. Eric Sr. He decided to convey the instinct of his son’s technology to a constructive project: Building the AI powered tool that might solve a universal problem-August problem for individuals who want financial coaching.
“I met thousands of people who want and need financial coaching, but they were limited by access. Here is my son, who uses the latest technology with curiosity and ingenuity, “said Eric Mcloyd, senior.” He just needed a constructive way to direct him. “
The result’s Kai coach, a free financial tool, which connects over 10,000 hours of financial knowledge of Eric McLoyda Sr. with technological passion. Built on a proven approach to financial coaching, Eric Sr., Kai coach provides interactions based on goals geared toward directing users step-by-step towards financial freedom. It also provides direct access to supporting financial lessons and other educational content.
“Our vision is to provide financial coaching for everyone,” explained Eric Mcloyd, jr. “And although it is exciting to launch this tool, the best part works with my dad. This really taught me the power to transform challenges into possibilities. “
For his father, coach Kai is greater than just a financial tool – it’s a history of perseverance, innovation and family. “So here we are, father and son, ready to share Kai with the world,” he added. “Who knows? Maybe this is the beginning of my son’s journey as a financial professional. “
Learn more in regards to the Kai coach Here.
Technology
VC Aileen Lee emphasizes how a wider investor Exodus worsens unhappiness for unicorn companies

In the episode this week Download Strictlyvc Podcast, VC VC Aileen Lee, was directly with a significant consequence of the recent Boom and Bustu series: many companies got stuck within the abyss, not only fought for recovery of position after collecting an excessive amount of money on unbalanced valuations; They also lost the masters who once supported them.
Lee talked about how the partners of the limited partners hesitate to criticize the powerful managers of the fund, fearing that they might be cut off from investing in these companies again. But she imagined one thing they might say if they might speak freely:
“Everyone wants to get to the X brand fund, so they never criticize them (for fear of repercussions). . They probably speak about us behind our backs (laughs) … But what they would say is (that) all people who were employed in these companies in the Venture in the Era of ZIRP. . . They made several shit investments, “and now they’re elbows – except that it is just too late, Lee noticed. “All money (LPS) was basically simply thrown on drainage, because people from work of the undertaking did not remain long enough to see if the companies were successful.”
Lee isn’t the fault of those newer investors. “Only a lot of people have not been trained and did not receive any mentoring or internship, as well as many investments and. As a result, there are many orphaned companies. ”
But there’s another excuse why the startups are left on their very own devices “and I think it is crazy,” said Lee; In many cases, the companies were orphaned by the senior general partner “who ran the investment – which is still there (in the company), but simply stopped appearing at the meetings of the board.”
This has been happening for some companies for years. Nobody had major care throughout the financing era with Covid, and the corner cut never stopped relating to the identical investments. But this can be a key reason why the growing variety of companies tries to search out external assist in exit strategies and why LPS can be justified in expressing greater frustration.
As one other a few years of VC, Jason Lemkin, told this editor at the tip of 2022, when VC for the primary time ceased to seem at startup meetings that lose their shoot: “(s) should not be controls and balances? Millions and millions are invested by pension funds, universities, widows and orphans, and when you do not perform any diligence on the way, and you do not perform constant diligence at a meeting of the board, in a sense you discourage your trust duties against LPS, right? “
(Tagstranslate) aileen lee
Technology
Google replaces Google Gemini assistant

Google will replace Google assistant on Android Gemini phones this yr, the corporate announced on Friday.
Google He said within the blog post that more users from Google Assistant to Gemini will update “in the coming months”. This yr, the assistant will now not be available on most mobile devices or available in application stores.
“In addition, we will update tablets, cars and devices connecting to the phone, such as headphones and watches, to the twins” – added the corporate. “We also bring a new experience, powered by Gemini, to home devices such as speakers, displays and TVs.”
Google said that in the subsequent few months he would offer more details with users and that by that point the assistant will proceed to operate on the above -mentioned devices.
Google Notes worked to enhance the experience of the Gemini user before the wind assistant, especially for users involving various assistant functions. For example, Google has added a number of highly required functions to Gemini on Android devices, resembling the potential for playing music, service meters and the choice to take motion directly from the user lock screen.
Moving the assistant to Gemini will not be surprising, especially considering that Google has launched his Pixel 9 smartphone line from Gemini as a default virtual assistant. Google notes that Gemini has more advanced possibilities than an assistant (at the least theoretically) and provides recent ways of obtaining help and knowledge about tools resembling Gemini Live and Deep Research.
(Tagstotransate) Gemini
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