Tag Archives: stories

Seven Must-Read Stories (Week Ending May 24, 2013)

Another chance to catch the most interesting, and important, articles from the previous week on MIT Technology Review.







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Seven Must-Read Stories from the Past Week (May 11-17)

Another chance to catch the most interesting, and important, articles from the previous week on MIT Technology Review.







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Seven Must-Read Stories from the Past Week

Another chance to catch the most interesting, and important, articles from the previous week on MIT Technology Review.







New on MIT Technology Review

StoryKid, Created By Literature PhDs, Is An App That Helps Young Ones Tell Stories (And Their Parents, Too)

storykid screenshotChildren are known for how much they love to play make believe, and StoryKid, an app introduced today during the Disrupt Hackathon in New York, takes this and gives it a new twist by offering a series of pictures as visual cues for a child to tell a story based around them. StoryKid is aimed at children aged 2 to 5 who are already talking but may either be too young or just starting to write. Created by two comparative literature PhDs from Columbia University, the idea is that this will, in turn, help bring children into the world of story telling and literature. And as co-founder Tianjiao Yu tells me, it can also be used by parents when they’ve run out of inspiration for their own made-up bedtime stories.

TechCrunch

NewsRel Uses Machine Learning To Summarize News Stories And Put Them On A Map

hackcrowd12After 24 hours of staring at their screens, the teams that participated have now finished their projects for our Disrupt 2013 NY Hackathon and are currently presenting their project on stage. With over 160 hacks, there are far too many cool ones to write about, but one that stood out to me was NewsRel, an iPad-based news app that uses machine learning techniques to understand how news stories relate to each other. The app uses Google Maps as its main interface and automatically decides which location is most appropriate for any given story. The app currently uses Reuters‘ RSS feed and analyzes the stories, looking for clusters of related stories and then puts them on the map. Say you are looking at a story about the Boston Marathon bombings. The app, of course, will show you a number of news stories about it clustered around Boston, then maybe something about the president’s comments about it from Washington and another article that relates it to the massacre during the Munich Olympics in 1972. In addition to this, the team built an algorithm that picks the most important sentences from each story to summarize it for you. As you scroll through the stories, the app always recalculates the related stories on the fly, too, which makes for a pretty interesting news reading experience. Besides the map, the team also decided to develop the user interface around gestures, so you swipe down to read the full story on the news service’s webpage and you can swipe left and right to scroll from one story to the next The team members have a background in machine learning and iOS engineering. The met during their undergrad studies a few years ago and decided to team up for the Hackathon. They told me that they plan to keep working on the app and release it in the near future.
TechCrunch

EVE Online will turn players’ stories into comics and a TV series

At the annual EVE Online Fanfest, CCP, the publisher of EVE Online, stated that it’s going to spice things up for EVE Online players. It will soon be turning the stories of real players into professionally made comic books as well as a TV series. Players will have to submit their stories to EVE Online’s

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SlashGear

Founder Stories: Lumosity’s Mike Scanlon On Exercising The Brain

Screen Shot 2013-04-01 at 2.32.11 PMUnderstanding the dynamics of a research-driven software company can be complex. To gain some insight, I recently interviewed Lumosity co-founder and chief scientist Michael Scanlon. Lumosity is an online training program for your brain that helps you improve memory, attention and other cognitive abilities. The site launched in 2007 and reports 40 million members.
TechCrunch

Data Is Not Killing Creativity, It’s Just Changing How We Tell Stories

data-stories_articles_smI keep seeing this topic push up about how data is affecting creativity. Some say we are losing our sense of narration and storytelling. It’s not this at all. We are just experiencing a shift that other civilizations have faced when the traditional means for storytelling transform to give a sense of the changing times facing society. That does not mean a rejection of the narrative form. The ancient Greeks developed a rich oral tradition for telling stories. Out of that they created a common language, which formed the foundation for fables, legends and myths. Now we see that data, shaped by software, creates a space to tell stories in new ways. Narrative methods to express our imagination will change as techniques emerge that allow us to use programming languages to carry on what we know for the next generations. Om Malik says it’s this sense of data storytelling that will become so important. Today, he explains, data is used as a blunt instrument. The ones that use data more effectively well remind of us how we relate to each other. Cloudera Co-Founder and Data Scientist Jeff Hammerbacher said on the Charlie Rose show earlier this month that it’s not that “numerical” imagination” is better than using “narrative” imagination. It’s just that now, for the first time in thousands of years, we need to think more about using data analytic methods for developing stories. For example, Hammerbacher is working as an assistant professor at Mount Sinai Medical Center in New York, developing a storage and data analysis infrastructure. Like Malik, Hammberbacher said it’s how we find ways to pair data that will give us insights. For instance, finding ways to integrate genetic databases and electronic health records that tell a story that both physicians and patients understand. Hammerbacher recounted a story to Rose about a lump that appeared on his chest. The doctor examined it and sent him to another doctor. Hammebacher asked the question: “Don’t you want to quantify what is in my body?” He followed by saying the amount of insight we get into a server at Facebook is greater than we have about our own bodies. The ones who can quantify our own human data and network it will give society new ways to explain who we are through dimensions we never imagined. Hammerbacher and Malik have views from different spaces across the information spectrum. But they
TechCrunch

With 200K Stories Shared, Storylane Launches An iPhone Reading App

storylaneLast year, Storylane launched a site for users to share stories that are a little more thoughtful or serious than what you’d find on other social media properties. And thanks to a recently launched iPhone app, you can now browse those stories when you’re on-the-go.

The concept behind Storylane is pretty straightforward  — founder Jonathan Gheller wants it to be the home for personal thoughts and stories that go deeper than a quick Facebook or Twitter update. The site prompts users to answer questions like “What have you learned from your failed relationships?” and “What are the most important lessons you’ve learned in life?” You can follow individual users to see their stories, and there are also pages to browse trending content across the whole site and within individual topics. You can’t post full comments, but you can hit buttons to say that you liked a story, or that it inspired you, and so on.
TechCrunch

The year’s 10 strangest science stories

Science does plenty of amazing things for society: finding treatments for cancer, putting people in space. But along the way, scientists also discover some truly bizarre things.


FOX News

Twitter: The five biggest stories of 2012

Twitter got bigger than ever, and is now essential in daily life. When the pope tweeted, it capped a 2012 full of controversy, business battles, and helping spread crucial information. [Read more]


CNET News

Amazon: The five biggest stories of 2012

The e-commerce giant spent the year stepping on its competitors’ toes — as usual. [Read more]


CNET News

The Numbers Behind Some of 2012′s Biggest Technology Stories

From Facebook to shale oil to MOOCs, the numbers told the tale.

A few of the top technology stories of 2012 stand out for the big numbers they generated. Here are some of the events and trends that were especially dramatic in scale.







New on MIT Technology Review

Web media: The 5 biggest stories of 2012

There wasn’t much difference between 2011 and 2012 for online entertainment, with both years being rather lackluster. But there’s no question that 2012 offered far more controversy and conflict. [Read more]


CNET News

Judge finds “no obvious deficiencies” in Facebook Sponsored Stories settlement offer

Social network Facebook found itself at the heart of a lawsuit having to do with its Sponsored Stories advertisements. Facebook was sued by users of the social network after their names were used in Sponsored Stories advertisements without their express permission. This week a federal judge has given preliminary approval to a negotiated settlement for

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SlashGear

True Halloween horror stories from space

There’s nothing like a good horror story in space. So allow me to serve as your cosmic Crypt Keeper for a few minutes, while I run though a few of the ones that get under my skin.




FOX News

Improving Community Feedback on Our Stories

Some comment threads on our site have gotten nasty. Here’s what we’re doing about it.

We greatly value the insights our readers can offer. The exceptional intelligence, perspective, and wit of our audience are part of what makes MIT Technology Review different from publications that cover technology breathlessly and without context. Judging by what we hear from many of our readers, high-quality discussions about stories are among the things you value, too.







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Dissecting The Sony Nexus X, The Fake That Launched A Thousand Stories

nexusx1So hey, remember that Sony Nexus X image that made the rounds earlier this week? The one that more than a few commentors called a hoax after I ran a story about it? Well, the skeptics among you were right — creator of the faux-Nexus came forward not long ago with a tell-all Tumblr spelling out what he did and (more importantly) how he did it.

TechCrunch

RockMelt social browser comes to the iPad, offers up news stories tailored to your interests

RockMelt social browser comes to the iPad, offers up news stories tailored to your interests

Remember RockMelt The “social web browser”? The name doesn’t come up often, especially when we talk about conventional browsers like Firefox, Chrome, IE and Safari. Well, rest assured, the startup is still alive and kicking: after releasing an iPhone app earlier this year, it’s introducing an iPad version as well. As ever, the browser is built around social networks like Facebook and Twitter, but instead of emphasizing chat and status updates, it’s all about using your social network to help curate a newsfeed that matches your interests. In other words, you could do a traditional web search and sift though the results, but if you sign in with your Facebook or Twitter handle what you’ll actually see are stories that RockMelt thinks might appeal to you. In theory, the browser will learn, over time, what you like and what you don’t, and at any point you can add specific news sources as you would with an RSS feed. As an added bonus, the experience of reading articles from within the app is actually quite smooth, but that’s neither here nor there.

And, of course, what would a social browser be without the ability to share cat videos? In addition to sharing things with people directly (i.e., through email), you can use so-called emoticodes like “lol,” “want,” and “aww” to comment on a story without actually commenting on it. (Think of it as the equivalent of liking something on Facebook: it’s less intrusive than posting random links on your friend’s wall.) The app is available for download today, and we’re told versions for other platforms are in development. In the meantime, check out the screenshots after the break to get a basic for the layout.

Continue reading RockMelt social browser comes to the iPad, offers up news stories tailored to your interests

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RockMelt social browser comes to the iPad, offers up news stories tailored to your interests originally appeared on Engadget on Thu, 11 Oct 2012 00:01:00 EDT. Please see our terms for use of feeds.

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Engadget

Google Cultural Institute Adds 42 Exhibitions: Brings Stories Of D-Day, Apartheid, Holocaust Online

dday-1944Google’s Cultural Institute expanded its work with museums, foundations and other archives to bring online 42 new historical exhibitions which help tell the stories of several major events taking place over the past century. Working with 17 partners on this latest effort, the online exhibitions debuting today include stories of Apartheid, D-Day, and the Holocaust told through letters, photos, video and other documents.

TechCrunch

Experts meet to discuss Maya calendar, debunk end-of-world stories

As the clock winds down to Dec. 21, experts on the Mayan calendar have been racing to convince people that the Mayas didn’t predict an apocalypse for the end of this year.




FOX News

Twitter Is Looking For A Data Editor To, Um, Tell Compelling Stories Based On Its Data

twitter logoTwitter has a fair number of open jobs available, but this one caught our eye: The startup is looking for a data editor to make sense of and tell stories around its user data. According to the job listing, the ideal candidate will be able to create “clear and insightful data-driven case studies” using Twitter’s data for the press, partners, and its own internal communications.

Of course, Twitter isn’t the only tech company to hire someone to write about the huge amounts of data that it collects. OkCupid has a pretty fantastic data blog, OkTrends — although it hasn’t been updated in more than a year. And Google last year hired away former CNET reporter Caroline McCarthy to work on its Trends & Insights team. And, of course, there’s no shortage of third-party data analytics companies, like Visible Measures, which collect data and do their own analysis.
TechCrunch

Judge rejects Facebook’s ‘Sponsored Stories’ settlement

Federal judge says settlement of class-action suit over ad feature that displays images of users doesn’t explain how Facebook’s payout fee was arrived at.
[Read more]
CNET News

U.S. judge rejects settlement in Facebook Sponsored Stories case

A U.S. District Court judge has rejected a proposed settlement in a lawsuit that alleges Facebook violated users' rights by using their names and recommendations of advertisers to be publicized through a Sponsored Stories program.
Computerworld News

Reuters hacked, phony Syria stories posted

Bogus posts reported on setbacks suffered by rebel Free Syrian Army fighting Assad regime.
[Read more]
CNET News

Police Using YouTube To Tell Their Own Stories



stevegee58 writes “Posting videos to YouTube allegedly showing police misconduct has become commonplace these days. Now police themselves are posting their own videos to refute misconduct claims. ‘After a dozen Occupy Minnesota protesters were arrested at a downtown demonstration, the group quickly took to the Internet, posting video that activists said showed police treating them roughly and never warning them to leave. But Minneapolis police knew warnings had been given. And they had their own video to prove it. So they posted the footage on YouTube, an example of how law enforcement agencies nationwide are embracing online video to cast doubt on false claims and offer their own perspective to the public.’”

Read more of this story at Slashdot.


Slashdot

Facebook to settle class-action suit over Sponsored Stories

Facebook is to settle a class-action lawsuit in California that accused it of appropriating its users' likenesses for its Sponsored Stories advertising feature, according to a court document filed Tuesday.
Computerworld News

Twitter rolls out weekly e-mail digest of tweets, stories

E-mail contains list of “most relevant” tweets and stories shared by the people users follow, along with links and various tweeting features.
[Read more]
CNET News

Chasing Federal Government IT Stories the Old-Fashioned Way (Video)



Wayne Rash is a crusty old IT reporter who lives near Washington D.C. and covers a lot of Federal Government actions, especially those that have to do with technology, for several well-known publications. He did a lot of the original coverage of both the LightSquared debacle and AT&T’s attempt to buy T-Mobile. Note the word “original” in there. An awful lot of today’s online “news” stories quote other stories. Wayne is totally not a fan of that kind of “reporting,” as you’ll learn toward the end of this video. What he *does* respect is the old-fashioned way of gathering information: lots of research and digging.

Read more of this story at Slashdot.


Slashdot

Congress Wants Your TSA Stories



McGruber writes “Transportation Security Administration (TSA) program challenges and failures will be the focus of a joint hearing of the US House of Representatives Committee on Oversight and Government Reform and the Committee on Transportation and Infrastructure, on Monday, March 26, 2012. The Hearing is titled ‘TSA Oversight Part III: Effective Security or Security Theater?’ Bruce Schneier is scheduled to be a witness at this hearing. Additional information on the hearing is posted on the oversight committee’s website. The Congressmen who serve on these committees are soliciting questions from the public to ask TSA officials at the hearing … provided the public is willing to submit their questions via Facebook.”

Read more of this story at Slashdot.


Slashdot

Scholastic enters the e-book fray with Storia and 1,000 children’s stories

Storia

Between Google Books, iBooks, Nook, Kindle, Kobo, Sony… you’d figure the e-book field was crowded enough, right? Well, if you’re specifically in the market for children’s stories, things might look a little less packed. We guess that’s why Scholastic is attempting to enter the fray with Storia, an e-reading app and store designed for kids. As part of a massive digitization effort, the company has launched Storia in beta for Windows and the iPad, alongside a market of over 1,000 titles. By the time it officially launches in the fall Scholastic hopes to have a fully stocked digital library of over 2,000 books loaded with interactive features. You can download the beta now with five free e-books by hitting up the more coverage link.

Scholastic enters the e-book fray with Storia and 1,000 children’s stories originally appeared on Engadget on Wed, 07 Mar 2012 08:44:00 EDT. Please see our terms for use of feeds.

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Engadget

(Founder Stories) RunKeeper: Striving To Becoming The Facebook For Health

Runkeeper Video #2.movHaving launched Runkeeper in 2008 with the help of “moonlighting engineers” before closing a $ 10 million Series B round in late 2011, RunKeeper’s co-founder, Jason Jacobs speaks from experience when describing the whiplash entrepreneurs face when stepping out on their own.

In episode II of his Founder Stories conversation with host Chris Dixon, Jacobs characterizes the adventure this way. “The day you leave your job and the hourglass starts turning upside down in your savings that is a really scary, awful, stressful, exhilarating, tremendously exciting feeling. And then that basically doesn’t stop.”
TechCrunch

Flipboard’s Latest Brings Cover Stories To The iPad, Plus A New French Edition

flipboard-ipad-coverFlipboard is rolling out the first major update to its social magazine tonight since its December launch on the iPhone. The new release brings the iPhone app’s most popular feature, “Cover Stories,” to the iPad’s bigger screen. Now, iPad users will see a large, double-tiled pane on the first page of their Flipboard app. There, you’ll find a mix of stories popular among your friends, those that are popular across Flipboard’s network, as well as those that are uniquely relevant to you.

Also new in tonight’s release are a number of design tweaks, meant to give Flipboard a print magazine-like appeal, as well as a much-requested third page in Flipboard’s Table of Contents. And for international users, there’s even more big news: Flipboard just launched its first standalone European edition with the arrival of Flipboard in France, and is promising more localized editions to come.
TechCrunch

Flipboard brings Cover Stories to iPad

First introduced on Flipboard for iPhone, the feature gives you the articles that are considered most relevant based on users’ social connections and what they’ve already read.
[Read more]
CNET News

(Founder Stories) Warby Parker: “Less than 1% Of Eyeglasses Were Sold Online”

WB #2.movIn episode II of Chris Dixon’s Founder Stories interview with Warby Parker’s co-founders, David Gilboa and Neil Blumenthal, the trio discuss topics spanning Warby Parker’s social responsibility efforts to the state of e-commerce.

Speaking to setting up shop in Manhattan, Gilboa (who previously lived in San Francisco) says, “I was sort of brainwashed into thinking that if you wanted to launch a startup, particularly anything Internet based you had to do it in the Bay area.” His views have since changed.
TechCrunch

Facebook Starts Turning Listen, Read, and Watch Stories Into Ads

Open Graph Sponsored Stories  Mockup DoneWhen you listen, read, or watch through a Facebook Open Graph app, a few of your friends hear about through the news feed, Ticker, or Timeline. Starting this week, Facebook is allowing advertisers to pay for more exposure of listen, read, or watch stories that mention them by turning the stories into a new form of Sponsored Story social ads.

Open Graph action Sponsored Stories could further Facebook’s goal of turn all ads social, and boost revenue by filling the new inventory from Facebook now permitting Sponsored Stories ads in the news feed.
TechCrunch

(Founder Stories) Jeff Clavier: On Getting Your Product In Front Of A VC (And Keeping It There)

JC FS Video 4 Advice.mov-1Because every VC’s inbox is overflowing with pitches, and because VC’s don’t take meetings with just anyone, SoftTech VC’s Jeff Clavier, (who just raised $ 55 million for his third fund) offers advice to founders who hope to cut through the clutter, schedule a meeting, and score some financing from prominent investors.
TechCrunch

(Founder Stories) SoftTech VC’s Clavier: How To Avoid The Series A Crunch

Clavier FS3At the top of this Founder Stories episode featuring SoftTech VC’s Jeff ClavierChris Dixon mentions much has been written about the “Series A Crunch.” It’s the occurrence of seed stage companies hitting the end of their initial funding cycle at roughly the same time and having to compete for big checks from a limited supply of VC. There’s just not enough money or VC interest to keep all entrepreneurs afloat for another round.
TechCrunch

The Biggest Twitter Stories of 2011

From Weinergate to TigerBlood, 2011 saw its fair share of ‘Tweetable’ moments. Here’s a look back at the good, the bad – and the just plain ugly Twitter moments of 2011. By Katy Finneran




FOXNews.com

Twitter remembers the top stories of 2011

The social network points to the Osama bin Laden raid and the “pro-democracy movement in Egypt” as some of the top stories that impacted Twitter this year.
CNET News

(Founder Stories) How Michael Bloomberg Got His Start: “I Brought You A Cup Of Coffee”

Bloomberg Show 1.movBefore he became the three-time Mayor of New York City, Michael Bloomberg made billions running the financial information company bearing his name. But it might never have happened if he hadn’t been fired from Wall Street during the early days of his career. The Mayor and Bloomberg LP founder dropped by our TechCrunch studio to discuss all this and how he is working to turn New York City into a high tech hub with Founder Stories host, Chris Dixon.

After leaving Salomon Brothers, Mayor Bloomberg started his own business because “nobody offered me a job, I was probably too proud to go look for one, and I said well why not start your own company.”
TechCrunch

(Founder Stories) Bump’s David Lieb: “We Want To Build That New UI Layer For The Real World”

Bump IISeeking a way to reduce friction while exchanging contact information, David Lieb and his two co-founders launched Bump – a service that allows users to trade personal data (and an array of items spanning calendar events to music samples) by simply tapping their smartphones together.

In part II of his Founder Stories interview, Lieb notes there is bigger picture at play than just swapping content. He tells host, Chris Dixon, “there is a lot of time spent figuring out how I interface with this [smartphone] to go access the virtual world, but nobody has really spent a lot of time thinking, well I am using this phone in the real world, what do I want to do in the real world, and how do I want to interact with other people and things in the real world, and that is the problem that we want to solve, we want to build that new UI layer for the real world.”
TechCrunch

(Founder Stories) Bump’s David Lieb On Getting To 60 Million Downloads

Founder Stories LiebIn his first Founder Stories interview with host Chris Dixon, Bump co-founder and CEO, David Lieb relates how he conceived the idea for Bump one week into business school at the University of Chicago. He met co-founder, Jake Mintz at the same time and along with their third co-founder, Andy Huibers began building on “nights and weekends” during ”the fall of 2008.” By spring of 2009 Bump launched, and has since been downloaded more than 60-million times, he says.
TechCrunch

(Founder Stories) Mick Mountz: East Coast VC’s “Are Willing To Look At More One-Off Type Opportunities”

Ooyala Backlot Web-17[tc_ooyala code="o5MjgwMzpEouD4H0w9NoXbwlXpX34peT"]

In episode II of his Founder Stories interview with host, Chris DixonKiva Systems founder, Mick Mountz discusses traversing the country in search of capital shortly after launching his company almost a decade ago.

With plans to disrupt the picking, packing and shipping industry, Moutz went shopping for investors on Sand Hill Road and found none. He says “they were retrenching at the time… and not only were they not making investments, I was coming in with a hardware investment and they were like, you are going to need $ 100-million to get anywhere near cash flow positive, they just wouldn’t touch it.”
TechCrunch

(Founder Stories) Livestream’s Haot: “You Have To Be Able To Say I Was Wrong & Do It In A Very Public Way”

Clip 6 (Founder Stories) Livestream Challenges.movHave a great idea, investors lined-up and a passion for technology? If you live outside America’s borders, and weren’t born inside them, chance are slim you’ll be launching your company in New York, Silicon Valley or any other high-tech United States city unless you have deep pockets and the right paperwork.

Speaking from first hand experience, Livestream co-founder Max Haot discusses what it takes non-native Americans to pierce though the U.S. border as entrepreneurs in his final Founder Stories interview with Chris Dixon.

TechCrunch

Miss “Most Recent”? Sort Facebook’s News Feed By Recent Stories First

news Feed SortOver the next few days, Facebook will roll out a “Sort” option at the top of the news feed that lets users select to see Recent Stories First instead of the default Highlighted Stories. The new feature should appease users miffed by Facebook’s move to combine the old Most Recent and Top Stories news feed tabs into a single stream. Until now, the hybrid news feed launched in September forced users to first see what Facebook considers the most relevant content. Some users found these decisions inaccurate even though they have the option to teach the algorithm.
TechCrunch

(Founder Stories) Drew Houston: “Dropbox Users Save A Billion Files Every Three Days”

Ooyala Backlot WebIn episode II of Erick Schonfeld’s Founder Stories interview with Dropbox co-founder, Drew Houston, Houston describes how releasing a demo video to Hacker News during Dropbox’s early days catapulted his company into elite company.

TechCrunch

(Founder Stories) Houston On Pitching Dropbox: “Tom Cruise In Minority Report Is Not Carrying Around A Thumb Drive”

Ooyala Backlot WebDropbox co-founder, Drew Houston recently sat down with TechCrunch Editor, Erick Schonfeld to discuss the origins of Dropbox – a service that allows users to upload and access their files from virtually any device, anywhere. With $ 250-million in funding and 45-million users, Dropbox is shaking up the world of digital storage.

The roots of Dropbox were planted when Houston was a student at MIT. “You could sit down at any of tens-of-thousands of computers on campus and not only your files but your whole environment was just in front of you and kind of followed you around.” Then graduation hit and Houston says he was thrown “back to the stone age.”
TechCrunch

New Site Wants To Crowdsource Stories And Photos From The Peace Corps

peaceTo celebrate the fifty years of the Peace Corps’s work in 139 countries, journalist and former Peace Corps volunteer Maureen Orth has created an online platform, called PeaceCorpsPostcards, for former volunteers to contribute their own stories, pictures and “Video postcards.”

In case you aren’t familiar, The Peace Corps is a volunteer program run by the United States Government. Post-college grads work abroad for two years; volunteering in building schools, infrastructure development, government, agriculture and more.
TechCrunch

(Founder Stories) Instagram-Backer Steve Anderson: Forget The Billion-Dollar Exits

(Founder Stories) Baseline Sequence 2 FS Instagram-tc_upload.mp4Steve Anderson’s Baseline Ventures has a portfolio that includes Instagram, Heroku, and Weebly. (Earlier this month, Baseline was part of a $ 1-million seed round in Crashlytics).  It took him only four weeks to raise $ 100 million for his curernt fund. In this episode of Founder Stories with host Chris Dixon, Anderson discusses investing in Instagram and what led him to become Baseline’s founder in 2006.

Anderson tells Dixon that after working for companies including Microsoft, eBay and Starbucks he was ready to strike off on his own. However, he lacked the roughly half-million to start his company and was not interested in trading a sizable chuck of his ownership (40-50%) to secure financing from a Sand Hill Road VC.
TechCrunch