Tuesday, April 30, 2019

How Menlo Ventures landed a stake in Uber by leading a $32M Series B at the last moment, after a16z failed to accept Uber's terms, and went on to reap billions (Kate Clark/TechCrunch)

Kate Clark / TechCrunch:
How Menlo Ventures landed a stake in Uber by leading a $32M Series B at the last moment, after a16z failed to accept Uber's terms, and went on to reap billions  —  How Menlo Ventures landed a stake in Uber worth billions  —  Menlo Ventures was founded in 1976 but it took 35 years for the venture capital firm to hit the jackpot.



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Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...