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Archive for the ‘Reference and Education Articles’ Category

LA-based Replicated adds former GitLab head of product as its chief product officer

Replicated, the Los Angeles-based company pitching monitoring and management services for Kubernetes-based applications, has managed to bring on the former head of product of the $2.75 billion-valued programming giant, GitLab, as its new chief product officer.  Mark Pundsack is joining the company as it moves to scale its business. At GitLab Pundsack saw the company ...

Tech at Work: DE&I at Facebook, Prop 22 and gig worker earnings

Hey, ya’ll. I’m experimenting with a bi-weekly roundup that looks at the state of labor in tech. We’ll use this space to explore topics related to diversity, equity and inclusion, the future of work, issues relating to pay equality, notable personnel changes and much more. This week, we’re looking at Facebook’s civil rights audit, a ...

A recapitalization reckoning

If you’re an angel who invested in a startup that was meant to go public in 2014, you might be getting a little bit impatient. High-risk, high-reward investing has lost its shine in this environment: the stock market is a mess these days, and you want your cash back. Enter recapitalization events, where startups restructure ...

Rackspace preps IPO after going private in 2016 for $4.3B

After going private in 2016 after accepting a $32 per share, or $4.3 billion, price from Apollo Global Management, Rackspace is looking once again to the public markets. First going public in 2008, Rackspace is taking second aim at a public offering around 12 years after its initial debut. The company describes its business as ...

Operator Collective brings diversity and inclusion to enterprise investing

When Mallun Yen started Operator Collective last year, she wanted to build an investment firm for people who didn’t have a voice in Silicon Valley. That meant connecting women and people of color with operators who have been intimately involved in building companies from the ground up, then providing early-stage investment. She then brought in ...

Fringe pitches a monthly stipend for app purchases and subscriptions as the newest employee benefit

Fringe is a new company pitching employers on a service offering lifestyle benefits for their employees in addition to, or instead of, more traditional benefits packages. “We didn’t think it made sense that employees need to be sick, disabled, dead or 65+ to benefit from their benefits,” wrote Fringe chief executive Jordan Peace, in an ...

nCino sharply raises its IPO price range, boosting possible valuation to $2.6B

As expected, fintech company nCino has raised its IPO price range. The North Carolina-based banking software firm now expects to sell its shares for between $28 and $29 per share, far more than its initial price range of $22 to $24 per share. At its $28 to $29 per-share price interval, nCino is worth $2.50 ...

Societal upheaval during the COVID-19 pandemic underscores need for new AI data regulations

How should society address the scenario where the AI algorithm got it right but from an ethical standpoint, we're uncomfortable with the results? ...

Facebook code change caused outage for Spotify, Pinterest and Waze apps

If you’re an iPhone user, odds are fairly good you spent a frustrating portion of the morning attempting to reopen apps. I know my morning walk was dampened by the inability to fire up Spotify. Plenty of other users reported similar issues with a number of apps, including Pinterest and Waze. The issue has since ...

What do investors bidding up tech shares know that the rest of us don’t?

The biggest story to come out of the post-March stock market boom has been explosive growth in the value of technology shares. Software companies in particular have seen their fortunes recover; since March lows, public software companies’ valuations have more than doubled, according to one basket of SaaS and cloud stocks compiled by a Silicon ...