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FundersClub Weekly Newsletter - June 8, 2017

FundersClub

Brian Armstrong of Coinbase (FC Portfolio) outlines their long-term strategy for accelerating the world’s shift to an open financial system in " What is Coinbase’s strategy? " Founder and Operator Thoughts. Talks About New Trustless Asset Portfolio Prism. " In Other News.

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AMD to acquire data center optimization startup Pensando for $2B

TechCrunch

. “Joining together with AMD will help accelerate growth in our core business and enable us to pursue a much larger customer base across more markets,” he said. While the solution requires chips and cards, the framework is all software defined,” he explained. “This gets AMD into the NPU or IPU market. .

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Aptiv’s latest investment shows that software-defined vehicles are here to stay

TechCrunch

Aptiv comes on as a strategic investor at a time when the company is working on accelerating the transition to the software-defined car by offering a complete stack to automakers, one that includes high-performance hardware, cloud connectivity and a software architecture that is open, scalable and containerized. .

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Countingup closes £9.1M for its business current account with built-in accounting features

TechCrunch

Leading the round is Framework Venture Partners, with participation from Gresham House Ventures, Sage and existing investors. Founded in 2017 by Tim Fouracre, who previously founded cloud accounting software Clear Books, Countingup now boasts over 34,000 business customers. Countingup , the U.K. million in Series A investment.

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Extra Crunch roundup: 500 Startups’ demo day, smart SaaS pricing and much more

TechCrunch

Demo days at startup accelerators are a pretty big deal around here. Here’s just one example from Y Combinator’s Summer 2013 Demo Day: Positioning itself as the “FedEx of today,” it hopes to provide a logistics framework that goes beyond food and can be used for any type of on-demand order. “So the TAM is massive.”

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Crowdbotics raises $40M to help devs build apps from modular code

TechCrunch

Kulkarni founded Crowdbotics in 2017 after launching LeadGenius, which used AI to crawl the web and discover sales leads. With Crowdbotics, he sought to create a catalog of reusable modules of code to simplify the process of planning and deploying software.

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Venture capitalists eating our own dog food: Using technology and analytics to make better investments

David Teten VC

However, in private markets, there is more room to optimize across all 11 steps of the investing process: firm management , marketing, fundraising , origination , manage relationships, due diligence, negotiation, monitoring, portfolio acceleration , reporting, and. Cobalt for General Partners helps GPs to optimize their fundraising strategy.