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Lowercase Capital
Lowercase Capital was an American venture capital firm that provided seed and early-stage funding for several successful startups, including Twitter, Twilio, Kickstarter, Uber, Instagram, and Stripe. It raised over $1 billion in capital, and sources claim a return of at least $5 billion to its investors. In 2017 Chris Sacca closed the fund for new start-up investments to focus on climate action and politics. He said, however, that Lowercase Capital would continue to support the existing portfolio of investments. History Lowercase was founded by Chris Sacca in May 2010 with commitments of $8.5 million from limited partners including Richard Branson and Eric Schmidt. One of the firm's marquee investments was an investment in pre-IPO Twitter, which contributed to more than 1,500% growth in Lowercase's funds, returning approximately “$5 billion to investors.” Fortune has speculated that Lowercase Ventures Fund I, with holdings in Uber, Docker, and Optimizely is the best-pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venture Capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovation, innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology. Pre-seed and seed money, seed rounds are the initial stages of funding for a startup company, typically occurring earl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Docker (software)
Docker is a set of platform as a service (PaaS) products that use OS-level virtualization to deliver software in packages called ''containers''. The service has both free and premium tiers. The software that hosts the containers is called Docker Engine. It was first released in 2013 and is developed by Docker, Inc. Docker is a tool that is used to automate the deployment of applications in lightweight containers so that applications can work efficiently in different environments in isolation. Background Containers are isolated from one another and bundle their own software, libraries and configuration files; they can communicate with each other through well-defined channels. Because all of the containers share the services of a single operating system kernel, they use fewer resources than virtual machines. Operation Docker can package an application and its dependencies in a virtual container that can run on any Linux, Windows, or macOS computer. This enables the appli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automattic
Automattic Inc. is an American global distributed company most notable for WordPress.com and its contributions to the WordPress system. The company was founded in 2005. Automattic's brands and products include WordPress.com, Akismet, Gravatar, BuddyPress, Simplenote, WooCommerce, Atavist, Tumblr, Parse.ly, Day One, Pocket Casts, and Beeper. History Matt Mullenweg co-founded the open-source blogging platform WordPress in 2003. Two years later, he founded Automattic to monetize the platform. Initially the company developed commercial products related to WordPress, including WordPress.com for WordPress-managed hosting and the spam filtering service Akismet. Toni Schneider, a former executive at Yahoo, became chief executive officer (CEO) in 2006. In April 2006, Automattic's Regulation D filing showed it had raised approximately $1.1 million in funding. On September 9, 2010, Automattic gave the WordPress trademark and control over bbPress and BuddyPress to th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Travis Kalanick
Travis Cordell Kalanick (; born August 6, 1976) is an American businessman best known as the co-founder and former chief executive officer (CEO) of Uber. Previously he worked for Scour, a peer-to-peer file sharing application company, and was the co-founder of Red Swoosh, a peer-to-peer content delivery network that was sold to Akamai Technologies in 2007. Kalanick was CEO of Uber from 2010 to 2017. He resigned from Uber in 2017, after growing pressure resulting from public reports of the company's unethical corporate culture, including allegations that he ignored reports of sexual harassment at the company. Kalanick retained his seat on the board of directors until he resigned the seat on December 31, 2019. In the weeks leading up to the resignation, Kalanick sold off approximately 90% of his shares in Uber, for a profit of about $2.5 billion. Following the sale, in 2017, Kalanick was ranked 238th on the ''Forbes'' 400 list of richest Americans, with a net worth of $2.6&n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lumi (company)
Lumi, Inc. is a Los Angeles–based company founded by Jesse Genet and Steph Ango that offers packaging and supply chain management software. The company got its start developing Inkodye, a photo-reactive vat dye that develops its color through exposure to UV or sunlight. The company was acquired by Narvar in 2021. History Jesse Genet began experimenting with different printing techniques as a teenager in 2004, attempting to print photographs on cotton T-shirts. Unsatisfied with the results of screen printing and dye-sublimation she pursued her research and found what became a precursor to Inkodye, a chemical formula from the 1950s owned by a retired engineer. After meeting Stephan Ango while studying at Art Center College of Design, the pair acquired the chemical formula and began modernizing it. Lumi launched a Kickstarter campaign in December 2009 to fund R&D of the technology. The company raised $13,597 and rewarded its backers with wallets, bags and other products print ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lookout (company)
A lookout or look-out is a person in charge of the observation of hazards. The term originally comes from a naval background, where lookouts would watch for other ships, land, and various dangers. The term has now passed into wider parlance. Naval application Lookouts have been traditionally placed in high on masts, in crow's nests and tops. The International Regulations for Preventing Collisions at Sea (1972) says in part: : Every vessel must at all times keep a proper look-out by sight (day shape or lights by eyes or visual aids), hearing (sound signal or Marine VHF radio) and all available means (e.g. Radar, ARPA, AIS, GMDSS...) in order to judge if risk of collision exists. Lookouts report anything they see and or hear. When reporting contacts, lookouts give information such as, bearing of the object, which way the object is headed, target angles and position angles and what the contact is. Lookouts should be thoroughly familiar with the various types of distress sig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Medium (website)
Medium is an American online publishing platform for written content such as articles and blogs, developed by Evan Williams and launched in August 2012. It is owned by A Medium Corporation. The platform is an example of social journalism, having a hybrid collection of amateur and professional people and publications, or exclusive blogs or publishers on Medium, and is regularly regarded as a blog host. Williams, who previously co-founded Blogger and Twitter, initially developed Medium as a means to publish writings and documents longer than Twitter's then 140-character maximum. In March 2021, Medium announced a change in its publishing strategy and business model, reducing its own publications and increasing support of independent writers. History 2012–2016 Evan Williams, Twitter co-founder and former CEO, created Medium to encourage users to create posts longer than the then 140-character limit of Twitter. When it launched in 2012, Williams stated, "There's been less prog ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WordPress
WordPress (WP, or WordPress.org) is a web content management system. It was originally created as a tool to publish blogs but has evolved to support publishing other web content, including more traditional websites, electronic mailing list, mailing lists, Internet forum, Internet forums, media galleries, membership sites, learning management systems, and shopping cart software, online stores. Available as free and open-source software, free and open-source software, WordPress is among the most popular content management systems – it was used by 22.52% of the top one million websites . WordPress is written in the PHP programming language and paired with a MySQL or MariaDB database. Features include a plug-in (computing), plugin architecture and a web template system, template system, referred to within WordPress as "Themes". To function, WordPress has to be installed on a web server, either as part of an Internet hosting service or on a personal computer. WordPress was first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Facebook
Facebook is a social media and social networking service owned by the American technology conglomerate Meta Platforms, Meta. Created in 2004 by Mark Zuckerberg with four other Harvard College students and roommates, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, its name derives from the face book directories often given to American university students. Membership was initially limited to Harvard students, gradually expanding to other North American universities. Since 2006, Facebook allows everyone to register from 13 years old, except in the case of a handful of nations, where the age requirement is 14 years. , Facebook claimed almost 3.07 billion monthly active users worldwide. , Facebook ranked as the List of most-visited websites, third-most-visited website in the world, with 23% of its traffic coming from the United States. It was the most downloaded mobile app of the 2010s. Facebook can be accessed from devices with Internet connectivit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
