#venturecapital — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #venturecapital, aggregated by home.social.
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FYI: Mediaocean's venture arm offers AI startups access to $200bn spend system: CVC, TA Associates and Eterna back the new unit, yet founders get no fund size or cheque terms. Where do NIVO and MCP fit, and what might agencies gain from it? https://ppc.land/mediaoceans-venture-arm-offers-ai-startups-access-to-200bn-spend-system/ #AI #Startups #VentureCapital #Mediaocean #Investment
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FYI: Mediaocean's venture arm offers AI startups access to $200bn spend system: CVC, TA Associates and Eterna back the new unit, yet founders get no fund size or cheque terms. Where do NIVO and MCP fit, and what might agencies gain from it? https://ppc.land/mediaoceans-venture-arm-offers-ai-startups-access-to-200bn-spend-system/ #AI #Startups #VentureCapital #Mediaocean #Investment
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FYI: Mediaocean's venture arm offers AI startups access to $200bn spend system: CVC, TA Associates and Eterna back the new unit, yet founders get no fund size or cheque terms. Where do NIVO and MCP fit, and what might agencies gain from it? https://ppc.land/mediaoceans-venture-arm-offers-ai-startups-access-to-200bn-spend-system/ #AI #Startups #VentureCapital #Mediaocean #Investment
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FYI: Mediaocean's venture arm offers AI startups access to $200bn spend system: CVC, TA Associates and Eterna back the new unit, yet founders get no fund size or cheque terms. Where do NIVO and MCP fit, and what might agencies gain from it? https://ppc.land/mediaoceans-venture-arm-offers-ai-startups-access-to-200bn-spend-system/ #AI #Startups #VentureCapital #Mediaocean #Investment
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FYI: Mediaocean's venture arm offers AI startups access to $200bn spend system: CVC, TA Associates and Eterna back the new unit, yet founders get no fund size or cheque terms. Where do NIVO and MCP fit, and what might agencies gain from it? https://ppc.land/mediaoceans-venture-arm-offers-ai-startups-access-to-200bn-spend-system/ #AI #Startups #VentureCapital #Mediaocean #Investment
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https://www.europesays.com/people/231912/ As Anthropic heads towards a $2 trillion IPO, some of the loudest critics are company insiders #Anthropic #DarioAmodei #PrivateEquity #TermSheet #VentureCapital
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ICYMI: Mediaocean's venture arm offers AI startups access to $200bn spend system: CVC, TA Associates and Eterna back the new unit, yet founders get no fund size or cheque terms. Where do NIVO and MCP fit, and what might agencies gain from it? https://ppc.land/mediaoceans-venture-arm-offers-ai-startups-access-to-200bn-spend-system/ #Mediaocean #AIStartups #VentureCapital #TechInvestment #DigitalMarketing
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Edinburgh graduates’ AI infrastructure firm Expanse raises $5.3m
Expanse has secured seed funding to develop software that predicts the computing resources required by AI workloads before…
#Edinburgh #UnitedKingdom #UK #GB #Scotland #Headlines #News #Europe #EU #AIinfrastructure #ArtificialIntelligence #Britain #Expanse #GreatBritain #UniversityofEdinburgh #venturecapital
https://www.europesays.com/uk/1207603/ -
https://www.europesays.com/uk/1207603/ Edinburgh graduates’ AI infrastructure firm Expanse raises $5.3m #AIInfrastructure #ArtificialIntelligence #Britain #Edinburgh #Expanse #GreatBritain #Scotland #UK #UnitedKingdom #UniversityOfEdinburgh #VentureCapital
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Indian startups need more patient capital beyond VC cycles. Rainmatter’s Dinesh Pai explains why
Rainmatter model Rainmatter C…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Entrepreneurship #Business #Climate #DineshPai #earlystages #early-stagestartups #energytransition #entrepreneurialcapital #evergreenfunds #familyoffices #health-wellness #Indianstartups #patientcapital #RainmatterCapital #StartupFunding #startups #venturecapital #zerodha
https://www.newsbeep.com/us/849583/ -
Indian startups need more patient capital beyond VC cycles. Rainmatter’s Dinesh Pai explains why
Rainmatter model Rainmatter Capital, the venture investi…
#NewsBeep #News #Entrepreneurship #Business #Climate #DineshPai #earlystages #early-stagestartups #energytransition #entrepreneurialcapital #evergreenfunds #familyoffices #Health&Wellness #Indianstartups #patientcapital #RainmatterCapital #StartupFunding #Startups #UK #UnitedKingdom #venturecapital #zerodha
https://www.newsbeep.com/uk/772319/ -
Indian startups need more patient capital beyond VC cycles. Rainmatter’s Dinesh Pai explains why
Rainmatter model Rainmatter C…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Entrepreneurship #Business #Climate #DineshPai #earlystages #early-stagestartups #energytransition #entrepreneurialcapital #evergreenfunds #familyoffices #health-wellness #Indianstartups #patientcapital #RainmatterCapital #StartupFunding #startups #venturecapital #zerodha
https://www.newsbeep.com/us/849583/ -
Indian startups need more patient capital beyond VC cycles. Rainmatter’s Dinesh Pai explains why
Rainmatter model Rainmatter Capital, the venture investi…
#NewsBeep #News #Entrepreneurship #Business #Climate #DineshPai #earlystages #early-stagestartups #energytransition #entrepreneurialcapital #evergreenfunds #familyoffices #Health&Wellness #Indianstartups #patientcapital #RainmatterCapital #StartupFunding #Startups #UK #UnitedKingdom #venturecapital #zerodha
https://www.newsbeep.com/uk/772319/ -
Indian startups need more patient capital beyond VC cycles. Rainmatter’s Dinesh Pai explains why
Rainmatter model Rainmatter C…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Entrepreneurship #Business #Climate #DineshPai #earlystages #early-stagestartups #energytransition #entrepreneurialcapital #evergreenfunds #familyoffices #health-wellness #Indianstartups #patientcapital #RainmatterCapital #StartupFunding #startups #venturecapital #zerodha
https://www.newsbeep.com/us/849583/ -
Indian startups need more patient capital beyond VC cycles. Rainmatter’s Dinesh Pai explains why
Rainmatter model Rainmatter Capital, the venture investing a…
#NewsBeep #News #Entrepreneurship #AU #Australia #Business #Climate #DineshPai #earlystages #early-stagestartups #energytransition #entrepreneurialcapital #evergreenfunds #familyoffices #Health&Wellness #Indianstartups #patientcapital #RainmatterCapital #startupfunding #Startups #VentureCapital #zerodha
https://www.newsbeep.com/au/893874/ -
Indian startups need more patient capital beyond VC cycles. Rainmatter’s Dinesh Pai explains why
Rainmatter model Rainmatter Capital, the venture investing a…
#NewsBeep #News #Entrepreneurship #AU #Australia #Business #Climate #DineshPai #earlystages #early-stagestartups #energytransition #entrepreneurialcapital #evergreenfunds #familyoffices #Health&Wellness #Indianstartups #patientcapital #RainmatterCapital #startupfunding #Startups #VentureCapital #zerodha
https://www.newsbeep.com/au/893874/ -
Indian startups need more patient capital beyond VC cycles. Rainmatter’s Dinesh Pai explains why
Rainmatter model Rainmatter Capital, the venture investing a…
#NewsBeep #News #Entrepreneurship #AU #Australia #Business #Climate #DineshPai #earlystages #early-stagestartups #energytransition #entrepreneurialcapital #evergreenfunds #familyoffices #Health&Wellness #Indianstartups #patientcapital #RainmatterCapital #startupfunding #Startups #VentureCapital #zerodha
https://www.newsbeep.com/au/893874/ -
https://www.europesays.com/ie/690927/ Indian startups need more patient capital beyond VC cycles. Rainmatter’s Dinesh Pai explains why #Business #climate #DineshPai #EarlyStages #EarlyStageStartups #Éire #EnergyTransition #EntrepreneurialCapital #Entrepreneurship #EvergreenFunds #FamilyOffices #HealthWellness #IE #IndianStartups #Ireland #PatientCapital #RainmatterCapital #StartupFunding #Startups #VentureCapital #zerodha
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Indian startups need more patient capital beyond VC cycles. Rainmatter’s Dinesh Pai explains why
Rainmatter model Rainmatter Capital, the venture investing arm …
#NewsBeep #News #Entrepreneurship #Business #CA #Canada #Climate #DineshPai #earlystages #early-stagestartups #energytransition #entrepreneurialcapital #evergreenfunds #familyoffices #Health&Wellness #Indianstartups #patientcapital #RainmatterCapital #StartupFunding #Startups #VentureCapital #zerodha
https://www.newsbeep.com/ca/897593/ -
Visa and Circle Back Stablecoin Startup Velocity at $200M
Velocity extended its Series A to $48 million with $10 million from Visa Ventures, Circle Ventures and Ripple, valuing the London firm at $200 million.
https://pulseofnations.lol/visa-and-circle-back/
#Circle #Payments #Ripple #Stablecoins #Velocity #VentureCapital #Visa
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Absolute fascist.
How anyone can still respect that guy is beyond me.
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Absolute fascist.
How anyone can still respect that guy is beyond me.
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Absolute fascist.
How anyone can still respect that guy is beyond me.
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Absolute fascist.
How anyone can still respect that guy is beyond me.
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7 key trends defining the cybersecurity market today https://www.csoonline.com/article/3829666/7-key-trends-defining-the-cybersecurity-market-today.html #SecurityInformationandEventManagementSoftware #DataandInformationSecurity #IntrusionDetectionSoftware #MergersandAcquisitions #ApplicationSecurity #TechnologyIndustry #SecuritySoftware #NetworkSecurity #VentureCapital #Security
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7 key trends defining the cybersecurity market today https://www.csoonline.com/article/3829666/7-key-trends-defining-the-cybersecurity-market-today.html #SecurityInformationandEventManagementSoftware #DataandInformationSecurity #IntrusionDetectionSoftware #MergersandAcquisitions #ApplicationSecurity #TechnologyIndustry #SecuritySoftware #NetworkSecurity #VentureCapital #Security
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7 key trends defining the cybersecurity market today https://www.csoonline.com/article/3829666/7-key-trends-defining-the-cybersecurity-market-today.html #SecurityInformationandEventManagementSoftware #DataandInformationSecurity #IntrusionDetectionSoftware #MergersandAcquisitions #ApplicationSecurity #TechnologyIndustry #SecuritySoftware #NetworkSecurity #VentureCapital #Security
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7 key trends defining the cybersecurity market today https://www.csoonline.com/article/3829666/7-key-trends-defining-the-cybersecurity-market-today.html #SecurityInformationandEventManagementSoftware #DataandInformationSecurity #IntrusionDetectionSoftware #MergersandAcquisitions #ApplicationSecurity #TechnologyIndustry #SecuritySoftware #NetworkSecurity #VentureCapital #Security
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Goldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliable
Link
📌Summary:
Goldman Sachs, one of the largest investment banks in the world, published a research paper expressing doubts about the economic viability of generative AI. The paper notes that there is "little to show for" the huge spending on generative AI infrastructure and questions whether this spending will ever pay off in terms of AI benefits and returns. The paper suggests that AI optimism is driving large growth in stocks like Nvidia and other S&P 500 companies, but argues that the stock price gains are based on the assumption that generative AI will lead to higher productivity and efficiency. The paper also suggests that companies are acting like generative AI is going to change the world, but that the technology is currently deeply unreliable and may not change much of anything at all.
🎯Key Points:
- Goldman Sachs questions the economic viability of generative AI.
- The bank notes that there is "little to show for" the huge spending on generative AI infrastructure and wonders whether it will ever pay off.
- The paper is based on a series of interviews with Goldman Sachs economists and researchers, MIT professor Daron Acemoglu, and infrastructure experts.
- Goldman Sachs argues that AI optimism is driving large growth in stocks like Nvidia and other S&P 500 companies.
- The bank suggests that the stock price gains are based on the assumption that generative AI will lead to higher productivity and efficiency.
- The paper argues that generative AI is currently deeply unreliable and may not change much of anything at all.
- The bank expresses skepticism about both the cost of generative AI and its ultimate transformative potential.
🔖Keywords:
#GenerativeAI #EconomicViability #GoldmanSachs #Doubts #Unreliable #Hype #Expensive #Investment #S&P500 #Nvidia #Productivity #Automation #Efficiency #Bubbles #LongTermReturnForecastingFramework #Skepticism #Cost #TransformativePotential #Limitations #Architecture #ComplexProblems #Data #Training #Reddit #RedditData #Doubling #Limitations #Expense #VirtualReality #Metaverse #Blockchain #VentureCapital #AIIndustry #Revenue #ProcessingPower #InfrastructureCosts #DataBreaches #AT&T #Hackers #CallandTextMetadata #Customers #AT&TCustomers #Massive #Significant #DataBreaches -
Goldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliable
Link
📌Summary:
Goldman Sachs, one of the largest investment banks in the world, published a research paper expressing doubts about the economic viability of generative AI. The paper notes that there is "little to show for" the huge spending on generative AI infrastructure and questions whether this spending will ever pay off in terms of AI benefits and returns. The paper suggests that AI optimism is driving large growth in stocks like Nvidia and other S&P 500 companies, but argues that the stock price gains are based on the assumption that generative AI will lead to higher productivity and efficiency. The paper also suggests that companies are acting like generative AI is going to change the world, but that the technology is currently deeply unreliable and may not change much of anything at all.
🎯Key Points:
- Goldman Sachs questions the economic viability of generative AI.
- The bank notes that there is "little to show for" the huge spending on generative AI infrastructure and wonders whether it will ever pay off.
- The paper is based on a series of interviews with Goldman Sachs economists and researchers, MIT professor Daron Acemoglu, and infrastructure experts.
- Goldman Sachs argues that AI optimism is driving large growth in stocks like Nvidia and other S&P 500 companies.
- The bank suggests that the stock price gains are based on the assumption that generative AI will lead to higher productivity and efficiency.
- The paper argues that generative AI is currently deeply unreliable and may not change much of anything at all.
- The bank expresses skepticism about both the cost of generative AI and its ultimate transformative potential.
🔖Keywords:
#GenerativeAI #EconomicViability #GoldmanSachs #Doubts #Unreliable #Hype #Expensive #Investment #S&P500 #Nvidia #Productivity #Automation #Efficiency #Bubbles #LongTermReturnForecastingFramework #Skepticism #Cost #TransformativePotential #Limitations #Architecture #ComplexProblems #Data #Training #Reddit #RedditData #Doubling #Limitations #Expense #VirtualReality #Metaverse #Blockchain #VentureCapital #AIIndustry #Revenue #ProcessingPower #InfrastructureCosts #DataBreaches #AT&T #Hackers #CallandTextMetadata #Customers #AT&TCustomers #Massive #Significant #DataBreaches -
Goldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliable
Link
📌Summary:
Goldman Sachs, one of the largest investment banks in the world, published a research paper expressing doubts about the economic viability of generative AI. The paper notes that there is "little to show for" the huge spending on generative AI infrastructure and questions whether this spending will ever pay off in terms of AI benefits and returns. The paper suggests that AI optimism is driving large growth in stocks like Nvidia and other S&P 500 companies, but argues that the stock price gains are based on the assumption that generative AI will lead to higher productivity and efficiency. The paper also suggests that companies are acting like generative AI is going to change the world, but that the technology is currently deeply unreliable and may not change much of anything at all.
🎯Key Points:
- Goldman Sachs questions the economic viability of generative AI.
- The bank notes that there is "little to show for" the huge spending on generative AI infrastructure and wonders whether it will ever pay off.
- The paper is based on a series of interviews with Goldman Sachs economists and researchers, MIT professor Daron Acemoglu, and infrastructure experts.
- Goldman Sachs argues that AI optimism is driving large growth in stocks like Nvidia and other S&P 500 companies.
- The bank suggests that the stock price gains are based on the assumption that generative AI will lead to higher productivity and efficiency.
- The paper argues that generative AI is currently deeply unreliable and may not change much of anything at all.
- The bank expresses skepticism about both the cost of generative AI and its ultimate transformative potential.
🔖Keywords:
#GenerativeAI #EconomicViability #GoldmanSachs #Doubts #Unreliable #Hype #Expensive #Investment #S&P500 #Nvidia #Productivity #Automation #Efficiency #Bubbles #LongTermReturnForecastingFramework #Skepticism #Cost #TransformativePotential #Limitations #Architecture #ComplexProblems #Data #Training #Reddit #RedditData #Doubling #Limitations #Expense #VirtualReality #Metaverse #Blockchain #VentureCapital #AIIndustry #Revenue #ProcessingPower #InfrastructureCosts #DataBreaches #AT&T #Hackers #CallandTextMetadata #Customers #AT&TCustomers #Massive #Significant #DataBreaches -
Goldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliable
Link
📌Summary:
Goldman Sachs, one of the largest investment banks in the world, published a research paper expressing doubts about the economic viability of generative AI. The paper notes that there is "little to show for" the huge spending on generative AI infrastructure and questions whether this spending will ever pay off in terms of AI benefits and returns. The paper suggests that AI optimism is driving large growth in stocks like Nvidia and other S&P 500 companies, but argues that the stock price gains are based on the assumption that generative AI will lead to higher productivity and efficiency. The paper also suggests that companies are acting like generative AI is going to change the world, but that the technology is currently deeply unreliable and may not change much of anything at all.
🎯Key Points:
- Goldman Sachs questions the economic viability of generative AI.
- The bank notes that there is "little to show for" the huge spending on generative AI infrastructure and wonders whether it will ever pay off.
- The paper is based on a series of interviews with Goldman Sachs economists and researchers, MIT professor Daron Acemoglu, and infrastructure experts.
- Goldman Sachs argues that AI optimism is driving large growth in stocks like Nvidia and other S&P 500 companies.
- The bank suggests that the stock price gains are based on the assumption that generative AI will lead to higher productivity and efficiency.
- The paper argues that generative AI is currently deeply unreliable and may not change much of anything at all.
- The bank expresses skepticism about both the cost of generative AI and its ultimate transformative potential.
🔖Keywords:
#GenerativeAI #EconomicViability #GoldmanSachs #Doubts #Unreliable #Hype #Expensive #Investment #S&P500 #Nvidia #Productivity #Automation #Efficiency #Bubbles #LongTermReturnForecastingFramework #Skepticism #Cost #TransformativePotential #Limitations #Architecture #ComplexProblems #Data #Training #Reddit #RedditData #Doubling #Limitations #Expense #VirtualReality #Metaverse #Blockchain #VentureCapital #AIIndustry #Revenue #ProcessingPower #InfrastructureCosts #DataBreaches #AT&T #Hackers #CallandTextMetadata #Customers #AT&TCustomers #Massive #Significant #DataBreaches -
Private Donors Supply Spy Gear to Cops
There's little public scrutiny when private donors pay to give police controversial technology and weapons. Sometimes, companies are donors to the same foundations that purchase their products for police.
by Ali Winston and Darwin Bond Graham, special to ProPublica Oct. 13, 2014
"In 2007, as it pushed to build a state-of-the-art #surveillance facility, the Los Angeles Police Department cast an acquisitive eye on software being developed by #Palantir, a startup funded in part by the Central Intelligence Agency's [#CIA] #VentureCapital arm.
"Originally designed for spy agencies, Palantir's technology allowed users to track individuals with unprecedented reach, connecting information from conventional sources like crime reports with more controversial data gathered by surveillance cameras and license plate readers that automatically, and indiscriminately, photographed passing cars.
"The LAPD could have used a small portion of its multibillion-dollar annual budget to purchase the software, but that would have meant going through a year-long process requiring public meetings, approval from the City Council, and, in some cases, competitive bidding.
"There was a quicker, quieter way to get the software: as a gift from the Los Angeles Police Foundation, a private charity. In November 2007, at the behest of then Police Chief William Bratton, the foundation approached #TargetCorporation, which contributed $200,000 to buy the software, said the foundation's executive director, Cecilia Glassman, in an interview. Then the foundation donated it to the police department.
"Across the nation, private foundations are increasingly being tapped to provide police with technology and weaponry that -- were it purchased with public money -- would come under far closer scrutiny.
"In Los Angeles, foundation money has been used to buy hundreds of thousands of dollars' worth of license plate readers, which were the subject of a #CivilRights lawsuit filed against the region's law enforcement agencies by the American Civil Liberties Union of Southern California and the #ElectronicFrontierFoundation. (A judge rejected the groups' claims earlier this year.)
"Private funds also have been used to upgrade 'Stingray' devices, which have triggered debate in numerous jurisdictions because they vacuum up records of cellphone metadata, calls, text messages and data transfers over a half-mile radius.
"New York and Los Angeles have the nation's oldest and most generous police foundations, each providing their city police departments with grants totaling about $3 million a year. But similar groups have sprouted up in dozens of jurisdictions, from #AtlantaGeorgia, to #OaklandCalifornia. In #Atlanta, the police foundation has bankrolled the surveillance cameras that now blanket the city, as well as the center where police officers monitor live video feeds.
"Proponents of these private fundraising efforts say they have become indispensable in an era of tightening budgets, helping police to acquire the ever-more sophisticated tools needed to combat modern crime.
"'There's very little discretionary money for the department,' said Steve Soboroff, a businessman who is president of the Los Angeles Police Commission, the civilian board that oversees the LAPD's policies and operations. 'A grant application to the foundation cuts all the red tape, or almost all of the red tape.'
"But critics say police foundations operate with little transparency or oversight and can be a way for wealthy donors and corporations to influence law enforcement agencies' priorities.
"It's not uncommon for the same companies to be donors to the same police foundations that purchase their products for local police departments. Or for those #companies also to be #contractors for the same police agencies to which their products are being donated.
"'No one really knows what's going on,' said Dick Dadey of #CitizensUnion, a good government group in New York. 'The public needs to know that these contributions are being made voluntarily and have no bearing on contracting decisions.'
"Palantir, the recipient of the #LosAngelesPolice Foundation's largesse in 2008, donated $10,000 to become a three-star sponsor of the group's annual 'Above and Beyond' awards ceremony in 2013 and has made similar-sized gifts to the #NewYorkPolice foundation. The privately held Palo Alto firm, which had estimated revenues of $250 million in 2011 and is preparing to go public, also has won millions of dollars of contracts from the Los Angeles and New York police departments over the last three years.
"Palantir officials did not respond to questions about its relationships with police departments and the foundations linked to them. The New York City Police Foundation did not answer questions about Palantir's donations, or its technology gifts to the NYPD.
"Donna Lieberman, executive director of the New York #CivilLibertiesUnion, said she saw danger in the growing web of ties between police departments, foundations and private donors.
"'We run the risk of policy that is in the service of #moneyed interests,' she said."
https://www.propublica.org/article/private-donors-supply-spy-gear-to-cops
#ACAB #StopCopCity #StopCopCitiesEverywhere #DigitalFreeSpeech #CivilLiberties #CorporateColonialism #SilencingDissent #Fascism
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Private Donors Supply Spy Gear to Cops
There's little public scrutiny when private donors pay to give police controversial technology and weapons. Sometimes, companies are donors to the same foundations that purchase their products for police.
by Ali Winston and Darwin Bond Graham, special to ProPublica Oct. 13, 2014
"In 2007, as it pushed to build a state-of-the-art #surveillance facility, the Los Angeles Police Department cast an acquisitive eye on software being developed by #Palantir, a startup funded in part by the Central Intelligence Agency's [#CIA] #VentureCapital arm.
"Originally designed for spy agencies, Palantir's technology allowed users to track individuals with unprecedented reach, connecting information from conventional sources like crime reports with more controversial data gathered by surveillance cameras and license plate readers that automatically, and indiscriminately, photographed passing cars.
"The LAPD could have used a small portion of its multibillion-dollar annual budget to purchase the software, but that would have meant going through a year-long process requiring public meetings, approval from the City Council, and, in some cases, competitive bidding.
"There was a quicker, quieter way to get the software: as a gift from the Los Angeles Police Foundation, a private charity. In November 2007, at the behest of then Police Chief William Bratton, the foundation approached #TargetCorporation, which contributed $200,000 to buy the software, said the foundation's executive director, Cecilia Glassman, in an interview. Then the foundation donated it to the police department.
"Across the nation, private foundations are increasingly being tapped to provide police with technology and weaponry that -- were it purchased with public money -- would come under far closer scrutiny.
"In Los Angeles, foundation money has been used to buy hundreds of thousands of dollars' worth of license plate readers, which were the subject of a #CivilRights lawsuit filed against the region's law enforcement agencies by the American Civil Liberties Union of Southern California and the #ElectronicFrontierFoundation. (A judge rejected the groups' claims earlier this year.)
"Private funds also have been used to upgrade 'Stingray' devices, which have triggered debate in numerous jurisdictions because they vacuum up records of cellphone metadata, calls, text messages and data transfers over a half-mile radius.
"New York and Los Angeles have the nation's oldest and most generous police foundations, each providing their city police departments with grants totaling about $3 million a year. But similar groups have sprouted up in dozens of jurisdictions, from #AtlantaGeorgia, to #OaklandCalifornia. In #Atlanta, the police foundation has bankrolled the surveillance cameras that now blanket the city, as well as the center where police officers monitor live video feeds.
"Proponents of these private fundraising efforts say they have become indispensable in an era of tightening budgets, helping police to acquire the ever-more sophisticated tools needed to combat modern crime.
"'There's very little discretionary money for the department,' said Steve Soboroff, a businessman who is president of the Los Angeles Police Commission, the civilian board that oversees the LAPD's policies and operations. 'A grant application to the foundation cuts all the red tape, or almost all of the red tape.'
"But critics say police foundations operate with little transparency or oversight and can be a way for wealthy donors and corporations to influence law enforcement agencies' priorities.
"It's not uncommon for the same companies to be donors to the same police foundations that purchase their products for local police departments. Or for those #companies also to be #contractors for the same police agencies to which their products are being donated.
"'No one really knows what's going on,' said Dick Dadey of #CitizensUnion, a good government group in New York. 'The public needs to know that these contributions are being made voluntarily and have no bearing on contracting decisions.'
"Palantir, the recipient of the #LosAngelesPolice Foundation's largesse in 2008, donated $10,000 to become a three-star sponsor of the group's annual 'Above and Beyond' awards ceremony in 2013 and has made similar-sized gifts to the #NewYorkPolice foundation. The privately held Palo Alto firm, which had estimated revenues of $250 million in 2011 and is preparing to go public, also has won millions of dollars of contracts from the Los Angeles and New York police departments over the last three years.
"Palantir officials did not respond to questions about its relationships with police departments and the foundations linked to them. The New York City Police Foundation did not answer questions about Palantir's donations, or its technology gifts to the NYPD.
"Donna Lieberman, executive director of the New York #CivilLibertiesUnion, said she saw danger in the growing web of ties between police departments, foundations and private donors.
"'We run the risk of policy that is in the service of #moneyed interests,' she said."
https://www.propublica.org/article/private-donors-supply-spy-gear-to-cops
#ACAB #StopCopCity #StopCopCitiesEverywhere #DigitalFreeSpeech #CivilLiberties #CorporateColonialism #SilencingDissent #Fascism
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Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss
https://news.bitcoin.com/silicon-valley-bank-faces-financial-woes-as-stock-is-halted-sells-21-billion-bond-portfolio-at-a-1-8-billion-loss/
#fundraisingenvironment #Quantitativetightening #marketparticipants #governmentbailout #SiliconValleyBank #USTreasurybills #FederalReserve #Lehmandisaster #privatecapital #SilvergateBank #VentureCapital #Bankingsystem #bondportfolio -
Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss
https://news.bitcoin.com/silicon-valley-bank-faces-financial-woes-as-stock-is-halted-sells-21-billion-bond-portfolio-at-a-1-8-billion-loss/
#fundraisingenvironment #Quantitativetightening #marketparticipants #governmentbailout #SiliconValleyBank #USTreasurybills #FederalReserve #Lehmandisaster #privatecapital #SilvergateBank #VentureCapital #Bankingsystem #bondportfolio -
Sarah Kunst will outline how to get ready to fundraise at Early Stage - Sarah Kunst, founding partner at Cleo Capital, has worn many hats. She’s been an entrepreneur, serve... - http://feedproxy.google.com/~r/Techcrunch/~3/2kT-ekIElfM/ #generationinvestmentmanagement #norwestventurepartners #macventurecapital #tcearlystage2021 #kleinerperkins #melissabradley #venturecapital #alexavontobel #blakebartlett #marlonnichols #entrepreneur #juliacollins #cleocapital #fuelcapital #buckymoore
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AutoLeap says it will repair your lousy relationship with car shops - No one likes having to go the automotive repair shop. There’s little transparency into what happens ... - http://feedproxy.google.com/~r/Techcrunch/~3/__wcRITZZn4/ #globalfounderscapital #thresholdventures #liquid2ventures #venturecapital #recentfunding #rickwagoner #seedfunding #automotive #carrepair #startups #autoleap #maplevc #shift #tc
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As investors and founders mature, Vienna emerges as a European startup hub - According to Austrian Startup Monitor, entrepreneurs have founded more than 2,200 startups in Austri... - http://feedproxy.google.com/~r/Techcrunch/~3/LhMmvV-5Pgs/ #investorsurveys #venturecapital #uniqaventures #oliverholle #speedinvest #vcsurveys #vcsurvey #austria #germany #europe #tc
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Investors, startup founders in India pool $13M to fund projects that fight coronavirus - More than 150 investors and entrepreneurs in India are funding dozens of projects in a bid to help m... more: http://feedproxy.google.com/~r/Techcrunch/~3/dC1e8R8kxwM/ #lightspeedventurepartners #bessemerventurepartners #matrixpartnersindia #sequoiacapitalindia #eightroadsventures #vijayshekharsharma #venturecapital #kalaaricapital #nandannilekani #sequoiacapital #riteshagarwal #timesinternet #covid19
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Startups, VCs in India request ‘relief package’ from the government to fight coronavirus disruption - More than six dozen startup founders, venture capitalists, and lobby groups in India have requested ... more: http://feedproxy.google.com/~r/Techcrunch/~3/4snz9ZZI3_s/ #vijayshekharsharma #venturecapital #deepindergoyal #mohitbhatnagar #sequoiacapital #blumeventures #riteshagarwal #narendramodi #government #startups #nasscom #zomato #paytm #asia
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Speedinvest’s new €190 million seed-stage fund is ‘investing on conviction’ - Speedinvest, a seed-stage VC headquartered in Vienna with offices in London, Berlin, Munich and San ... more: http://feedproxy.google.com/~r/Techcrunch/~3/sx9x9IdFVXY/ #financialtechnology #venturecapitalfirms #venturecapital #privateequity #tiermobility #extracrunch #fundraising #oliverholle #speedinvest #deeptech #seedcamp #europe #nea #tc
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Top Israeli VC talks cybersecurity, diversity and ‘no go’ investments - It’s no secret that Israel is second only to the U.S. for its leading cybersecurity acumen, talent, ... more: http://feedproxy.google.com/~r/Techcrunch/~3/KbqoUxeVju4/ #jerusalemventurepartners #columbiauniversity #newyorkuniversity #computersecurity #illusivenetworks #venturecapital #cyberwarfare #cyberattack #cybercrime #security #facebook #nsogroup #funding #cornell #google #israel
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Robotics process automation startup UiPath raising $400M at more than $7B valuation - UiPath, a robotics process automation platform targeting IT businesses, is raising more than $400 m... more: http://feedproxy.google.com/~r/Techcrunch/~3/M2Q6ryzsaMo/ #earlybirdventurecapital #artificialintelligence #venturecapital #sequoiacapital #recentfunding #credoventures #startups #economy #finance #uipath #money #ocr