Monthly Archives: October 2020

News: Working for social justice isn’t a ‘distraction’ for mission-focused companies

People do their best work and form championship teams when they feel good about supporting their teammates and colleagues, not when they remain silent on their behalf.

Eileen Burbidge
Contributor

Eileen Burbidge is a partner at Passion Capital, an early-stage technology venture fund based in London, and is also the UK Treasury’s Special Envoy for Fintech.

In case you missed it: On Monday, Coinbase CEO Brian Armstrong wrote a company blog post titled “Coinbase is a mission focused company” which drew both praise and critique that has continued throughout the week. Personally, I wasn’t terribly impressed.

I limited my reaction on Twitter to one retweet, a couple of replies and some likes. But on Tuesday, a journalist asked if I had any comment to contribute to a piece she’s writing on the matter, so I tried to articulate a comment in one or two lines. The next thousand-ish words is what I ended up with.

This is such a sensitive, nuanced and personal topic, and I wouldn’t want to be irresponsible by making a quick off-handed remark or not taking enough into consideration.

However, I think it’s so important, it’d be irresponsible not to say something when asked.

I’d like to think I understood the intent — that Brian wants to ensure that Coinbase is inclusive of people who hold different views than what’s assumed to be progressive in the tech sector (or elsewhere) and avoid creating a workplace that is divided and too “distracted” (his word) by political causes or social activism.

However, what he’s really only done is highlight his tremendous position of privilege. Privilege doesn’t mean that he hasn’t struggled or hasn’t worked hard at being CEO of his company or in life. It simply means he thinks social activism can be a “distraction.” It means he thinks it’s a distraction to think about human rights and whether what’s happening around us is just or not.

It means he doesn’t wake up worrying about how institutional racism or systemic oppression might affect him. It means he doesn’t relate to the feeling that he could be the next driver to be unjustifiably stopped and searched, asked to get out of his car (or worse) for a broken taillight or verbally ridiculed or assaulted for someone else’s assumptions about his sexual orientation. It means he doesn’t think the rise of white supremacy in America is going to affect or diminish his ability to “stay focused” on his company’s mission. It means he doesn’t have to go to work wondering if he’ll be pushed aside, undermined or spoken over by a male colleague.

Brian’s statement made me think back to conversations I had with some friends over the summer who said they weren’t going to watch “every single video” of police brutality in the U.S. relating to the Black Lives Matter protests. It’s possible that I was watching too much because it was only increasing my frustration and feelings of powerlessness to help or change things, but I also realized that my friends admitting that they’d stopped watching each new video was a luxury and a privilege for them.

They didn’t have to watch them — no one is required to — but they were able to switch off because the injustice and inequity of it all doesn’t burn in their minds. It doesn’t affect them personally. It doesn’t impact how they walk down the street or conduct themselves around law enforcement. They have the privilege of not ever imagining or worrying if the victims of police brutality happened to be their family or close friends or even people they might know.

Brian Armstrong’s call to not engage in political discourse via his platform and his position as a leader is a privilege whilst others are compelled out of concern and fear to speak up for themselves, others, and those who have softer or even no voices.

In the memo, he takes time to reiterate the fact that the company will “focus on the things that help us achieve our mission,” including sourcing job candidates from underrepresented backgrounds, reducing unconscious bias and fostering an environment where everyone is welcome regardless of background, sexual orientation, race, gender, age, etc. While I‘m glad to see him recognize these areas of focus, immediately after that section he goes on to say that Coinbase won’t engage on “broader societal issues” or advocacy for political causes. From where does he think the first set of principles emerged?!?

It seems outlandish to have to establish this, but it wasn’t always the case that sexual orientation, race, gender or age were awarded equal treatment in employment law. It was in my lifetime that women could be fired from work for being pregnant. It is precisely engaging in “broader societal issues” that brought about those points of legal fairness and equality — and those are incredibly vulnerable right now. How dare he say he’s willing to embrace and stand for what’s been established so far, but that there’s no reason to engage any further? What that tells me is that as far as he’s concerned, the debates and activism to date have achieved enough and the rest, now, is distraction.

That. Is. Privilege.

Obviously, I know Coinbase is Brian’s company, and therefore it’s fully his prerogative to lay out the “mission” and rules as he sees fit. But what bothers me is that he and others who are feeling emboldened to say they agree or even commend him for “being brave” enough for saying so won’t realize the extent of their privilege and may inadvertently walk back so much recent progress and positive dialogue in the tech sector and business more broadly. We’ve seen so much evidence in recent years that consumers and purchasing power gravitate toward brands and companies that articulate what they stand for.

No longer is it enough for brands to be likable or just upbeat. Their silence on social injustices is deafening. Their association with individuals who either contribute to or enable racism or oppression of people and groups is enough for customers to think twice about using them. Their public support of activism and human rights either in merchandise or TV advertisements drives up their stock price. As more and more products and services are increasingly commoditized, consumers have sought to align themselves with brands and products that reflect their ethos.

It was a free pass for too long for businesses and their leaders to say that they didn’t wade into politics. In recent years, for example, because of the U.K.-EU Brexit referendum, the 2016 U.S. presidential election, or other occasions, companies and brand values have been drawn out and exposed for good or bad. It would be a shame for consumers and all stakeholders to lose that trend.

I hope that investor shareholders and employees of companies where leaders might be asserting similar views of not wanting to get “distracted” by social action will help to demonstrate just how much impact can be achieved by dialogue and action.

People do their best work and form championship teams when they feel good about supporting their teammates and colleagues, not when they remain silent.

News: Google Maps gets improved Live View AR directions

Google today announced a few updates to Live View, the augmented reality walking directions in its Google Maps app that officially launched last year. Live View uses your phone’s camera and GPS to tell you exactly where to go, making it a nice addition to the standard map-centric directions in similar applications. The new features

Google today announced a few updates to Live View, the augmented reality walking directions in its Google Maps app that officially launched last year. Live View uses your phone’s camera and GPS to tell you exactly where to go, making it a nice addition to the standard map-centric directions in similar applications.

The new features Google is introducing today include the ability to invoke Live View from the transit tab in Google Maps when you’re on a journey that includes multiple modes of transportation. Until now, the only way to see Live View was when you were asking for pure walking directions.

 

Image Credits: Google

 

 

If you’re like me and perpetually disoriented after you exit a subway station in a new city (remember 2019, when we could still travel?), this is a godsend. And I admit that I often forget Live View exists. Adding it to multimodel directions may just get me to try it out more often since it is now more clearly highlighted in the app.

Google Maps can now also identify landmarks around you to give you better guidance and a clearer idea of where you are in a city. Think the Empire State Building in New York, for example.

Image Credits: Google

These new landmarks will be coming to Amsterdam, Bangkok, Barcelona, Berlin, Budapest, Dubai, Florence, Istanbul, Kuala Lumpur, Kyoto, London, Los Angeles, Madrid, Milan, Munich, New York, Osaka, Paris, Prague, Rome, San Francisco, Sydney, Tokyo and Vienna, with more to follow.

If you’re a regular Live View user, you’ll know that the actual pin locations in this mode can sometimes be off. In hilly areas, the pin can often be hovering high above your destination, for example. Now, Google promises to fix this by using a combination of machine learning and better topographical maps to place the pin exactly where it’s supposed to be.

Also new is the ability to use Live View in combination with Google Maps’ location sharing feature. So when a friend shares their location with you, you can now see exactly where they are in Live View, too, and get directions to meet them.

News: Bullpen Capital raises $130 million more to fund the far afield and misunderstood

Bullpen Capital, a now 10-year-old, venture fund in Menlo Park that focuses on what it calls post-seed investing — it backs startups that have already raised up to $5 million and “aren’t quite ready for a $10 million check but another $5 million would make them dangerous,” says firm cofounder Paul Martino — just closed

Bullpen Capital, a now 10-year-old, venture fund in Menlo Park that focuses on what it calls post-seed investing — it backs startups that have already raised up to $5 million and “aren’t quite ready for a $10 million check but another $5 million would make them dangerous,” says firm cofounder Paul Martino — just closed its fifth fund with $130 million in capital commitments.

The firm also brought aboard a new general partner: Ann Lai, formerly of Binary Capital, a firm that has since closed its doors but where Lai, who has a PhD in engineering sciences from Harvard PhD, developed a thesis  around bringing in more diverse startups from both a startup and geographic perspective — work that, it turns out, is also a prime focus for Bullpen.

In a call with both Martino and Lai earlier this week, they pointed to the startup Hemster to illustrate how both Bullpen and Lai respectively think about startups, and why, soon after Lai brought the deal to Bullpen roughly a year ago, it knew it had found its newest GP.

Hemster was founded by a solo founder, who happens to be a woman (Allison Lee), who happens to be a first-time entrepreneur. In the traditional world of venture capital, that’s three knocks against the company.

What the company does — on-demand tailoring — doesn’t necessarily sound on its face like a venture-like bet, either. Martino admitted that his first reaction to Lai’s pitch was: Why would we fund this?

Yet what Lai saw, and Bullpen eventually did, too, is a company positioned well to seize on the continuing shift from offline to online shopping where all manner or technologies have tried to map body types in order to guarantee a better fit for customers but Hemster, by constructing data about customers and their preferred fit, could potentially develop a portable identify for individuals in the world of digital retail.

The company has already worked with True Religion and Michael Kors to test out its technology; if all goes well, it eventually partners with many other major retailers, and “if you like how something fits based on one alteration, you’re able to find that same fit irregardless of retailer,” said Lai.

Bullpen — which is also run by GPs Eric Wiesen and Duncan Davidson — thinks it has developed an ear for startups whose proposition is likely to be overlooked by other investors, and it’s pushing that narrative aggressively.

During our chat earlier this week, Martino also pointed to FanDuel, the gaming company that sprang from Edinburgh, Scotland, cofounded by husband and wife Nigel and Lesley Eccles. “Everyone overlooked it,” said Martino. “It was the wrong location and the wrong team. I can’t tell you how any firms [we approached as coinvestors who] said, ‘Categorically, 100% percent, no husband-and-wife teams.’”

The company eventually reached a valuation of $1 billion before selling for half that amount to the Dublin, Ireland-based bookmaker Paddy Power Betfair, since renamed Flutter Entertainment. While the exit reinforces Martino’s point, it should be noted that the story doesn’t have the happiest ending. Earlier this year, FanDuel’s founders filed a lawsuit against private equity investors KKR and Shamrock Capital of squeezing FanDuel’s founders, early employees,  and its early funders out of any interest in the sports gaming site following that sale.

A far newer investment that also underscores Bullpen’s appetite for the unconventional is Sisu Cosmetics, a nearly two-year-old, Ireland-based chain of cosmetic clinics that’s expanding into the U.S., and earlier this week announced $5.5 million in Series A funding led by Greycroft and Bullpen.

Bullpen’s funds have all been similar in size, backing roughly 25 startups each; Martino said to expect the same of the firm’s new fund, which will generally invest $2 million to $4 million into rounds that are $4 million to $6 million in size.

Lai — who settled a lawsuit against Binary’s cofounders earlier this year after alleging a culture of harassment at the firm, including a requirement that female job applicants submit headshots — will now be writing a quarter of those checks.

Asked if she wanted to comment about the somewhat famous case, she said she has long moved on from it.

News: Ethel’s Club founder is launching Somewhere Good, a social platform that centers people of color

Naj Austin, founder and CEO of subscription-based physical and digital community Ethel’s Club, is building Somewhere Good to be a one-stop shop for people of color. Beyond being a place for people of color to connect, it’s also about creating a safe space for folks to be their authentic selves. “A lot of how we’re

Naj Austin, founder and CEO of subscription-based physical and digital community Ethel’s Club, is building Somewhere Good to be a one-stop shop for people of color. Beyond being a place for people of color to connect, it’s also about creating a safe space for folks to be their authentic selves.

“A lot of how we’re talking about Somewhere Good with investors is this idea of a new online world where our identities are centered,” Austin told me. “The vision for Somewhere Good is you take your phone out of your pocket and, as a Black person or person of color, all of your needs are met there in that one place.”

That means folks could access communities around things like wellness, art, music and film, and engage in commerce through those groups. It’s not that some of these communities don’t already exist, it’s just that they’re fragmented across the web and not always easy to find.

Through operating wellness community Ethel’s Club, Austin said many members keep asking her if she knows of other types of spaces for Black people and people of color that focus on more granular topics, like jazz music from the eighties or an online space specifically for Black women who don’t want children.

“We’ve had so many of those,” Austin said. “We just need to create a platform where they can do it themselves. It goes back to my core belief of building a company that provides space for people of color. My whole thing is, are we providing more space, are more people of color feeling empowered. As long as that’s a yes, it doesn’t matter the vehicle.”

When Somewhere Good launches in beta in January, Austin said users will be able to input their general info and then choose a selection of interests. For example, someone could identify themselves as a mother who likes painting, has a dog and works as a baker.

“We would then spit out communities we think are the best fit for you,” Austin said.

That will enable Somewhere Good to foster an additional level of connection for users, Austin said. One way of achieving that extra layer will be through a matchmaking tool.

“We’re trying to give people a more tangible reason for connection,” Austin said. “Other than you’re both Black.”

Ethel’s Club, the wellness platform for people of color that currently lives on Mighty Networks, will be just one of many communities on Somewhere Good. The plan is to bring on a number of other communities to the platform that center Black people and people of color. From there, Austin envisions users of those communities may then create communities of their own on Somewhere Good.

“We want to give space to people who are already creating community, allow people who want community to build it and then for the audience, once they’re feeling empowered, to be able to build community,” she said.

When you go to Somewhere Good right now, you’ll engage in a Stumble Upon-esque experience where you click “Take me somewhere new” to see a brand geared toward Black people or people of color. There are a little over 100 brands currently featured on the site, including Black hair brand Nappy Head Club, Black designer directory Black Fashion Fair and cereal and culture brand OffLimits.

Image Credits: Screenshot

While OffLimits, for example, doesn’t currently have a community, the brand centers around thinking about food differently, Austin said. But OffLimits, which tells its story through “emotionally unstable, counterculture cartoon characters,” could run a community on Somewhere Good centered around product design or food. She also envisions makeup brand Fenty running a community centered around skin care.

Each community on Somewhere Good will have a moderator and all members will need to follow Somewhere Good’s code of conduct. The platform will not allow any hate speech, abusive behavior, bullying or other types of violence.

“Any users acting against out code of conduct will be immediately removed from the Somewhere Good platform,” the platform’s mission statement says.

Somewhere Good will be a 100% ad-free environment and says it will never sell data. Its business model relies on users paying to join communities and then taking a percentage of that transaction.

“That means we have to create a compelling opportunity for people to create communities,” she said.

Down the road, Somewhere Good plans to enable communities to charge for live-streamed events, sell products and enable other types of peer-to-peer transactions. The company would then take a percentage from those transactions, as well.

Somewhere Good soft-launched with a tweet last week and began taking signups. Already, there are more than 2,500 people on the wait list.

It’s a similar strategy Austin said she had with Ethel’s Club. With Ethel’s Club, she didn’t quite know the functionality of the product before launching but went ahead and started talking about it to see if there was interest. Once Austin saw there was interest, Ethel’s Club embraced the community to help the company build products they wanted. That’s the same framework she’s now using for Somewhere Good, she said.

Ethel’s Club, which got its start as a physical community space in Brooklyn before expanding into the digital realm as a result of the COVID-19 pandemic, has currently raised a little over $1 million from Dream Machine, Shrug Capital, Canvas Ventures, Color, Debut Capital and angel investors like Katie Stanton, Roxane Gay and Hannibal Buress.

Since transitioning into digital, Ethel’s Club has grown to more than 1,500 members. But the biggest issue is that people just want more, Austin said. And Somewhere Good aims to be just that, she said. It aims to be the one platform where people of color can go to for everything.

News: IonQ claims it has built the most powerful quantum computer yet

Trapped-ion quantum computing startup IonQ today announced the launch of its latest quantum computer, which features what IonQ calls “32 perfect qubits with low gate errors.” Using IBM’s preferred quantum benchmark, IonQ expects to hit a quantum volume of 4,000,000. That’s a massive increase over the double-digit quantum volume numbers that IBM itself recently announced

Trapped-ion quantum computing startup IonQ today announced the launch of its latest quantum computer, which features what IonQ calls “32 perfect qubits with low gate errors.”

Using IBM’s preferred quantum benchmark, IonQ expects to hit a quantum volume of 4,000,000. That’s a massive increase over the double-digit quantum volume numbers that IBM itself recently announced and it’s a pretty extraordinary claim on IonQ’s side as this would make its system the most powerful quantum computer yet.

The (well-funded) company has never used this metric before. Through a spokesperson, IonQ also noted that it doesn’t necessarily think quantum volume is the best metric, but since the rest of the industry is using it, it decided to release this number. The company argues that its ability to achieve 99.9% fidelity between qubits has allowed it to achieve this breakthrough.

“In a single generation of hardware, we went from 11 to 32 qubits, and more importantly, improved the fidelity required to use all 32 qubits,” said IonQ CEO and president Peter Chapman. “Depending on the application, customers will need somewhere between 80 and 150 very high fidelity qubits and logic gates to see quantum advantage. Our goal is to double or more the number of qubits each year. With two new generations of hardware already in the works, companies not working with quantum now are at risk of falling behind.”

the ion trap at the heart of IonQ's next-generation system

Image Credits: Kai Hudek, IonQ

It’s worth noting that IonQ’s trapped-ion approach is quite different from IBM’s (or D-Wave’s for that matter) which uses a very different technique. That makes it hard to compare raw qubit counts between different vendors. The quantum volume metric is meant to make it easier to compare these systems, however.

“The new system we’re deploying today is able to do things no other quantum computer has been able to achieve, and even more importantly, we know how to continue making these systems much more powerful moving forward,” said IonQ Co-Founder & Chief Scientist Chris Monroe. “With our new IonQ system, we expect to be able to encode multiple qubits to tolerate errors, the holy grail for scaling quantum computers in the long haul.”

Using new error correction techniques, IonQ believes that it will only need 13 qubits to create a “near-perfect” logical qubit.

For now, IonQ’s new system will be available as a private beta and it’ll be interesting to see if its early users will back up the company’s claims (unsurprisingly, given the magnitude of IonQ’s claims, there’s a bit of skepticism within the quantum computing community). Later, the company will make it available through partners like Amazon with its Braket service and the Microsoft Azure Quantum Cloud.

IonQ Enclosure — the outer enclosure for IonQ's next-generation system. It doesn't just look cool, it also creates a highly stable environment (acoustics, temperature, humidity) for the system.

Image Credits: Kai Hudek, IonQ

News: Teenage Engineering’s OB-4 ‘magic radio’ is a weird and beautiful wireless speaker

I’ve found a new object of desire which, once acquired, I would probably never use. It’s this OB-4 “magic radio” from Teenage Engineering, a design group that creates tech with a playful but premium approach. This wireless speaker not only looks lovely but has a handful of really interesting features, the most interesting of which

I’ve found a new object of desire which, once acquired, I would probably never use. It’s this OB-4 “magic radio” from Teenage Engineering, a design group that creates tech with a playful but premium approach. This wireless speaker not only looks lovely but has a handful of really interesting features, the most interesting of which has to be letting you, at any time, rewind up to two hours with the spin of a dial.

The truth is I rarely would require the rewinding feature, which seems mainly useful for catching a bit of a podcast you missed or, for those of us who still listen to FM radio now and then, going back to hear the DJ say the name of an artist or piece. You can also slow it down and presumably scratch a bit by spinning the little circle, though again it’s probably more fun in theory than in practice.

But when the thing looks this good, who cares? The design reminds me strongly of TDK’s 3-speaker boombox, which I reviewed way back in 2011, but evolved. The mechanical knobs and buttons look fabulous and I have no doubt turn with a wonderful tactility. I love a good volume knob and this one looks like a winner.

With two larger speakers and two smaller tweeter types, it should be able to create a pretty solid sound. Frequency response goes down to 54 Hz, so you won’t be getting the deepest bass notes possible, but really with drivers this size they wouldn’t be able to move enough air for it to matter. More importantly, it’ll go for 8 hours at max volume or, more likely, 30-50 hours at normal loudness levels.

The built-in little computer and drive have some interesting modes: an adjustable metronome, a 30-channel mantra repeater, and a drone generator that stretches and distorts snippets of radio stations. That last one sounds pretty cool.

The handle has the antenna built into it for FM reception, and folds down to act as a stand if you don’t mind your music blasting into the ground or table.

At $599, it’s not exactly an impulse buy. There’s a cherry red version for $50 more, and a $400 leather case in case you want to make your consumption even more conspicuous. I have a feeling we’ll be seeing these in the backgrounds of influencer videos (or sets).

If you’d like to pick up your own, you can try to squat on the site to pre-order, but you might be better off buying a ticket to New York, London, or Stockholm, where the OB-4 will be on shelves at a handful of design shops. It ships in November.

News: Facebook Groups to gain suite of new tools for managing discussions, surfacing public content

Facebook is introducing a suite of new features for Facebook Groups, the private social networking product now used by over 1.8 billion people every month. At the company’s digitally hosted Facebook Communities Summit today, Facebook detailed a set of upcoming tools aimed at those who run Groups, which are designed help them better organize, filter

Facebook is introducing a suite of new features for Facebook Groups, the private social networking product now used by over 1.8 billion people every month. At the company’s digitally hosted Facebook Communities Summit today, Facebook detailed a set of upcoming tools aimed at those who run Groups, which are designed help them better organize, filter and manage their communities, as well as new features focused on sparking discussions — like chats, prompts and Q&As. Notably, Facebook also said it would soon launch a test of a new feature that will highlight public group discussions to non-group members, including both on Facebook and off, via web searches.

The announcement comes at a time when Facebook Groups are making headlines for their growing use by those looking to spread harmful content and misinformation. Facebook this week said it removed over 6,500 militia groups and pages just last month alone, for example. Facebook Groups have also become the breeding grounds for a wide range of dangerous content, including health misinformation, anti-science movements, and baseless conspiracy theories that brainwash users into thinking there are secret signals hidden on the internet offering insight into an alternate reality that only they can see.

The new feature set for the Facebook Groups product itself, announced today, aren’t necessarily focused solving these sorts of issues, however. Instead, they’re largely about making Groups easier to manage and use, in a more general sense. But the forthcoming test of where group discussions can be found may have a broader impact.

To start, a new “Admin Assist” tool will help Facebook Group administrators better moderate posts by automatically declining posts that use certain keywords.

Image Credits: Facebook

This could be used to filter out certain inappropriate content, like foul language, but it could also be used to stop the approval of posts that were off-topic, those used words or hashtags associated with dangerous movements, like QAnon, or even just those posts that were attempting to advertise by way of Facebook Groups.
For example, many communities have policies banning posts from multi-level marketing firms (MLMs) — like Amway, Herbalife, Young Living, doTERRA, Avon and others– but without switching on post approval for all posts or users, there was no other way to block these attempted ads in an automated way before now.

Image Credits: Facebook

Group admins will also be able to organize content from their community by hashtag, then pin a topic to the top of the Group to highlight it for everyone.

This could be helpful for tracking popular topics that get regularly discussed on the group, perhaps. It could also be used to save people from asking the same questions over and over by pointing them to places where the answers were already provided, among other things.

Image Credits: Facebook

Facebook Group admins will also be able to use the Brand Collabs Manager which will allow them to monetize a larger, public groups by working directly with brands who want to promote their products and services to the group’s users.

Before today, brands tended to collaborate with influential individuals who had a following, but now they could associate themselves with an influential group instead.

Image Credits: Facebook

Finally, Facebook will introduce a curriculum and exam that will allow people to achieve a certification in Community Management that indicates they understand how to build, grow and support a Facebook Group community.

Other changes arriving in Groups are aimed at better engaging users.

One new feature will allow Groups to feature real-time chats for conversations with other Group users.

Image Credits: Facebook

A new collaborative post type, “Prompts,” will encourage conversations through the use of photos. This capitalizes on a trend already taking place across groups, where an admin will prompt discussion by asking users to share a photo — for instance, a favorite meme, a picture of their pet, a selfie, their last photo in their Camera Roll, and so on.

But the new format will turn this activity into a product, allowing users to more easily contribute their response, then flip through the images shared by others.

Image Credits: Facebook

Similarly, admins will be able to encourage discussions through new Q&A sessions which are easier for community members to participate in by not relying on the traditional threaded comment format.

Image Credits: Facebook

Group members can also choose to customize their profile photo for each group they participate in. This could help users feel more comfortable when contributing to a larger, public community, for example, or it could be just used for fun — like using a photo of your dog in a pet community or your favorite book in your online book club, for example.

Image Credits: Facebook

Related to these changes, Facebook also says it will begin to test new ways for people to discover conversations happening on Public groups.

This will be done by showing something called “Related Discussions” within the News Feed when someone posts a link or reshares a post on Facebook. These discussions will allow users to see what other, Public groups are saying about the same content. In a more radical change, Facebook says these discussions will also be indexed by search engines as users may see these conversations appear when “you’re searching the web.”

Image Credits: Facebook

Facebook notes that it may use this feature to open up users to more “diverse perspectives on the topics they’re into” from others with “different backgrounds and experiences.” That seems to imply the change is an attempt to de-isolate users from the Facebook bubbles they’ve built for themselves.

However, it’s unclear how far Facebook will go on this front, as the feature is not yet live. It’s also not clear how users will react to be shown to opposing content — like if posts about the “big team” also included related discussions from the other team’s fan group. And if this feature was leveraged for more controversial discussions, like politics, it could get even worse.

Image Credits: Facebook

What’s more, Facebook will invite users to join in the conversation at hand, if the Group allows outside participation.

Facebook says the feature will be tested in the U.S. in the “coming months” and admins will be offered the option to allow their groups to be included in the new Public groups experience at that time, where they’ll be able to turn on post-approvals. The feature will expand outside the U.S. next year.

The company adds that anything rated false by third-party checkers won’t be eligible to be surfaced in Related Discussions or the other features where posts are surfaced to people. And Facebook says that if something breaks its rules, it will be taken down completely. Of course, these guidelines exist today on Facebook and yet misinformation continues to spread and remains un-fact checked across the platform. This is because the issue is that enforcing guidelines at Facebook’s scale is exceedingly difficult, especially since the entire business has been built around a revenue model that prioritizes advertising but outsources moderation.

The other features announced today will also begin rolling out in the months ahead.

 

 

 

 

 

 

News: Ro makes the weight loss product Plenity commercially available to everyone in the U.S.

In what could be the first step in the development of a significant new line of business for the telemedicine prescription provider Ro, the company is finally announcing the general commercial availability of weight loss product, Plenity. Developed by Gelesis, a biotech company that makes treatments for gastro-intestinal disorders, Plentiy is a weight loss treatment

In what could be the first step in the development of a significant new line of business for the telemedicine prescription provider Ro, the company is finally announcing the general commercial availability of weight loss product, Plenity.

Developed by Gelesis, a biotech company that makes treatments for gastro-intestinal disorders, Plentiy is a weight loss treatment that uses citric acid and cellulose to create a non-toxic paste that makes people feel more full after they ingest it. Taken before meals, the pill becomes a substance that expands to take up about 25% of the stomach, so people eat less.

The product has been approved by the U.S. Food and Drug Administration and is available for a much broader segment of the population than other weight loss products. While most prescription medicines are intended for people who are obese, the Gelesis product is made for people who are overweight, too.

“That’s adults who have a BMI from 25 up to 40. That’s 150 million Americans,” according to Gelesis chief commercial and operating officer, David Pass.

Plenity received FDA approval last April and Gelesis started working with Ro soon after, according to Pass. The idea was to craft a strategy that could get the treatment, which is classified as a medical device and not a drug, in the hands of as many patients as quickly as possible.

For Ro, the agreement with Gelesis is a sign of potential things to come. The company is the exclusive online provider of the Plenity treatment and Ro founder Zachariah Reitano said that there’s an incredible potential to engage in more of these types of deals.

“We would love to be able to partner with pharmaceutical companies to decrease the cost of distribution,” said Reitano. “We were excited to build an exciting treatment solution for weight management. Our high-level mission is to be the patient’s first call.”

With the Gelesis partnership Ro can add another highly desirable treatment to its roster of therapies — and one that can be a contributing factor to increasing the severity of other conditions that the company already provides treatment for, Reitano said. 

“There are a few conditions that we currently treat that are exacerbated by a patient being overweight or obese. People who struggle with weight management will also experience ED. Obesity can lead to heart failure stroke, coronary heart disease, hypetension, depression,” Reitano said. “The breadth of the label is interesting. Only FDA approved with a BMI from 25 to 40. FDA approved treatment have been between 30 and 40. [It] makes the treatment more accessible to a wider variety of people.”

As the only online provider of the treatment, Ro has developed an onboarding process to ensure that the Plenity therapy isn’t abused by people who suffer from eating disorders.

“During our onboarding we not only ask questions to patients about their weight management. There’s a consecutive set of images that need to be uploaded and taken with the provider. That’s something we’ve taken a lot of time and energy to make sure about,” said Reitano. 

Like the other treatments Ro offers, Plenity is a cash pay prescription, because the weight loss treatments aren’t typically covered by insurance, he said.

The benefit of working with an online pharmacy like Ro to provide distribution for a new therapy was obvious to both startups.

“We turned this market on its head by putting the consumer at the heart of everything we do,” said Pass. The treatment costs $98 per month, compared to other therapies or branded medications that could be as much $300 and $350 per month, according to Pass.

One reason that Gelesis is able to reduce the price of the drug is that it won’t have to hire a massive sales force to pitch it. The company has Ro for that.

“Normally you have a pharmaceutical company that would have to hire a sales force and go door to door and it increases the cost of a new drug. [Ro] can make a new, innovative treatment available, like Plenity, available nationwide,” Reitano said. 

News: Pixie Labs raises $9.15M Series A round for its Kubernetes observability platform

Pixie, a startup that provides developers with tools to get observability into their Kubernetes-native applications, today announced that it has raised a $9.15 million Series A round led by Benchmark, with participation from GV. In addition, the company also today said that its service is now available as a public beta. The company was co-founded

Pixie, a startup that provides developers with tools to get observability into their Kubernetes-native applications, today announced that it has raised a $9.15 million Series A round led by Benchmark, with participation from GV. In addition, the company also today said that its service is now available as a public beta.

The company was co-founded by Zain Asgar (CEO), a former Google engineer working on Google AI and adjunct professor at Stanford, and Ishan Mukherjee (CPO), who led Apple’s Siri Knowledge Graph product team and also previously worked on Amazon’s Robotics efforts. Asgar had originally joined Benchmark to work on developer tools for machine learning. Over time, the idea changed to using machine learning to power tools to help developers manage large-scale deployments instead.

“We saw data systems, this move to the edge, and we felt like this old cloud 1.0 model of manually collecting data and shipping it to databases in the cloud seems pretty inefficient,” Mukherjee explained. “And the other part was: I was on call. I got gray hair and all that stuff. We felt like we could build this new generation of developer tools and get to Michael Jordan’s vision of intelligent augmentation, which is giving creatives tools where they can be a lot more productive.”

Image Credits: Pixie

The team argues that most competing monitoring and observability systems focus on operators and IT teams — and often involve a long manual setup process. But Pixie wants to automate most of this manual process and build a tool that developers want to use.

Pixie runs inside a developer’s Kubernetes platform and developers get instant and automatic visibility into their production environments. With Pixie, which the team is making available as a freemium SaaS product, there is no instrumentation to install. Instead, the team uses relatively new Linux kernel techniques like eBPF to collect data right at the source.

“One of the really cool things about this is that we can deploy Pixie in about a minute and you’ll instantly get data,” said Asgar. “Our goal here is that this really helps you when there are cases where you don’t want your business logic to be full of monitoring code, especially if you forget something — when you have an outage.”

Image Credits: Pixie

At the core of the developer experience is what the company calls “Pixie scripts.” Using a Python-like language (PxL), developers can codify their debugging workflows. The company’s system already features a number of scripts written by the team itself and the community at large. But as Asgar noted, not every user will write scripts. “The way scripts work, it’s supposed to capture human knowledge in that problem. We don’t expect the average user — or even the way above average developer — ever to touch a script or write one. They’re just going to use it in a specific scenario,” he explained.

Looking ahead, the team plans to make these scripts and the scripting language more robust and usable to allow developers to go from passively monitoring their systems to building scripts that can actively take actions on their clusters based on the monitoring data the system collects.

“Zain and Ishan’s provocative idea was to move software monitoring to the source,” said Eric Vishria, General Partner at Benchmark. “Pixie enables engineering teams to fundamentally rethink their monitoring strategy as it presents a vision of the future where we detect anomalous behavior and make operational decisions inside the infrastructure layer itself. This allows companies of all sizes to monitor their digital experiences in a more responsive, cost-effective and scalable manner.”

News: With $18M in new funding, Braintrust says it’s creating a fairer model for freelancers

Braintrust, a network for freelance technical and design talent that launched over the summer, is announcing that it has raised $18 million in new funding. Co-founder and CEO Adam Jackson has written for TechCrunch about how tech companies need to treat independent contractors with more empathy. He told me via email that the San Francisco-based

Braintrust, a network for freelance technical and design talent that launched over the summer, is announcing that it has raised $18 million in new funding.

Co-founder and CEO Adam Jackson has written for TechCrunch about how tech companies need to treat independent contractors with more empathy. He told me via email that the San Francisco-based startup is making that idea a reality by offering a very different approach than existing marketplaces for freelance work.

For one thing, Braintrust only charges the companies doing the hiring — freelancers won’t have to pay to join or to bid on a project, and Braintrust won’t charge a fee on their project payments. In addition, the startup is using a cryptocurrency token that it calls Btrust to reward users who build the network, for example by inviting new customers and vetting freelance. Apparently, the token will give users a stake in how the network evolves in the future.

“Just imagine if Uber had given all of it’s drivers some ownership in the company what a different company it would be today,” Jackson said. “Braintrust will be 100% user owned. Everyone who participates on the platform has skin in the game.”

And for companies, Braintrust is supposed to allow them to tap freelancers for work that they’d normally do in-house. The startup’s clients already  include Nestle, Pacific Life, Deloitte, Porsche, Blue Cross Blue Shield and TaskRabbit.

According to Jackson, most of the talent on the platform consists of career freelancers, but with many people losing their jobs during the COVID-19 pandemic, “we’ve seen an influx of talent coming looking to join the ranks of the freelancers.”

He added that the startup already became profitable after raising its $6 million seed round, so the new funding will allow it to build the core team and also bring in more work.

“We exist to help companies accelerate their product roadmaps and innovation, and this injection of funding will help us do just that,” Jackson said.

The new funding was led by ACME and Blockchange, with participation from new investors Pantera, Multicoin and Variant.

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