jm + funding   20

Will the last person at Basho please turn out the lights? • The Register
Basho, once a rising star of the NoSQL database world, has faded away to almost nothing [...] According to sources, the company, which developed the Riak distributed database, has been shedding engineers for months, and is now operating as a shadow of its former self, as at least one buy-out has fallen through.
basho  riak  nosql  databases  storage  startups  funding 
5 days ago by jm
Don’t Get Trampled: The Puzzle For “Unicorn” Employees
'One of my sad predictions for 2017 is a bunch of big headline-worthy acquisitions and IPOs that leave a lot of hard working employees at these companies in a weird spot. They’ll be congratulated by everyone they know for their extraordinary success while scratching their heads wondering why they barely benefited. Of course, the reason is that these employees never understood their compensation in the first place (and they were not privy to the terms of all the financings before and after they were hired).'
share-options  shares  unicorns  funding  employment  jobs  compensation 
march 2017 by jm
What the hell is going on with SoundCloud?
tl;dr: major labels.
Despite having revenue coming in from ads and subscriptions, SoundCloud still relies on outside investment. While the company received $150 million in a funding round at the end of last year, it pales next to the reported $526 million Spotify gained in June, and if one report is to be believed, SoundCloud is running very low on cash. Furthermore, sources suggest that potential investors are waiting to see what happens with Sony and Universal before ploughing in more money. With the high sums reported to be involved, it’s a stalemate that could potentially break the company whether it decides to pay or not.
soundcloud  music  mp3  copyright  sony  universal  spotify  funding  startups 
august 2015 by jm
Tim Bray on one year as an xoogler
Seems pretty insightful; particularly "I do think the In­ter­net econ­o­my would be bet­ter and more hu­mane if it didn’t have a sin­gle white-hot highly-overprivileged cen­ter. Al­so, soon­er or lat­er that’ll stop scal­ing. Can’t hap­pen too soon."
google  tim-bray  via:nelson  xoogler  funding  tech  privacy  ads  internet 
march 2015 by jm
Irish government under fire for turning its back on basic research : Nature News & Comment
Pretty much ALL of Ireland's research scientists have put their names to an open letter to the Irish government, decrying the state of science funding, published this week in "Nature".

'Although total spending on research and development grew through the recession, helped by foreign investments, Ireland’s government has cut state spending on research (see ‘Celtic tiger tamed’). It also prioritized grants in 14 narrow areas — ones in which either large global markets exist, or in which Irish companies are competitive. These include marine renewable energy, smart grids, medical devices and computing. The effect has been to asphyxiate the many areas of fundamental science — including astrophysics, particle physics and areas of the life sciences — that have been deprived of funding, several researchers in Ireland told Nature. “The current policies are having a very significant detrimental effect on the health and viability of the Irish scientific ecosystem,” says Kevin Mitchell, a geneticist who studies the basis of neurological disorders at Trinity College Dublin. “Research that cannot be shoehorned into one of the 14 prioritized areas has been ineligible for most funding,” he says.'

That's another fine mess Sean Sherlock has gotten us into :(
sean-sherlock  fail  ireland  research  government  funding  grants  science  tcd  kevin-mitchell  life-sciences  nature 
march 2015 by jm
waxpancake on Ello
The Ello founders are positioning it as an alternative to other social networks — they won't sell your data or show you ads. "You are not the product."

If they were independently-funded and run as some sort of co-op, bootstrapped until profitable, maybe that's plausible. Hard, but possible. But VCs don't give money out of goodwill, and taking VC funding — even seed funding — creates outside pressures that shape the inevitable direction of a company.
advertising  money  vc  ello  waxy  funding  series-a 
september 2014 by jm
The Open Source Software Engagement Award
SFU announces award for students who demonstrate excellence in contributing to an Open Source project
sfu  awards  students  open-source  oss  universities  funding 
september 2014 by jm
Of Money, Responsibility, and Pride
Steve Marquess of the OpenSSL Foundation on their funding, and lack thereof:
I stand in awe of their talent and dedication, that of Stephen Henson in particular. It takes nerves of steel to work for many years on hundreds of thousands of lines of very complex code, with every line of code you touch visible to the world, knowing that code is used by banks, firewalls, weapons systems, web sites, smart phones, industry, government, everywhere. Knowing that you’ll be ignored and unappreciated until something goes wrong. The combination of the personality to handle that kind of pressure with the relevant technical skills and experience to effectively work on such software is a rare commodity, and those who have it are likely to already be a valued, well-rewarded, and jealously guarded resource of some company or worthy cause. For those reasons OpenSSL will always be undermanned, but the present situation can and should be improved. There should be at least a half dozen full time OpenSSL team members, not just one, able to concentrate on the care and feeding of OpenSSL without having to hustle commercial work. If you’re a corporate or government decision maker in a position to do something about it, give it some thought. Please. I’m getting old and weary and I’d like to retire someday.
funding  open-source  openssl  heartbleed  internet  security  money 
april 2014 by jm
FOI is better than tea and biscuits
Good post on the 'FOI costs too much' talking point.
I realise if you’re a councillor, tea and biscuits sounds much more appealing than transparency and being held accountable and actually having to answer to voters, but those things are what you signed up to when you stood for election.
foi  open-data  politics  government  funding 
march 2014 by jm
We need your help to keep working for European digital rights in 2014
Grim. DRI are facing a 5-figure legal bill from the music industry - they need your donations to avoid shutdown
donations  dri  funding  amicus-curiae  law  ireland  digital-rights-ireland  emi  irma 
january 2014 by jm
Fund it :: Upstart Granby Park
help fund Granby Park, a pop-up park to replace a vacant site on the corner of Dominick St and Parnell St in Dublin 1: http://upstart.ie/
fund-it  granby-park  dublin  d1  parks  pop-up  city  funding  grassroots 
july 2013 by jm
Just how bad are RTE’s finances?
A sobering examination by NAMAwinelake into the quagmire of Ireland's publicly-funded national broadcaster:
It seems that RTE has become a disaster zone, with libels and incompetence overseen by incapable management, and this is reflected in that organisation’s financial results. RTE still employs nearly 2,000 people and supports jobs and industry across independent producers and suppliers; it is a major business. But the time has come to call a halt to delusional management that is sinking the organization deeper into a quagmire which will ultimately need to be bailed out by the State. And Noel Curran is fobbing us off with flying a kite about a reduction in 65-year old Pat Kenny’s salary from €630,000 to €570,000?!
rte  namawinelake  public  funding  finances  money  mismanagement  ireland  incompetence  tv  news 
april 2013 by jm
'The Impact of Copyright Policy Changes on Venture Capital Investment in Cloud Computing Companies' [pdf]
'Our results suggest that the Cablevision decision, [which was widely seen as easing certain ambiguities surrounding intellectual property], led to additional incremental investment in U.S. cloud computing firms that ranged from $728 million to approximately $1.3 billion over the two-and-a-half years after the decision. When paired with the findings of the enhanced effects of VC investment relative to corporate investment, this may be the equivalent of $2 to $5 billion in traditional R&D investment.'

via Fred Logue.
via:fplogue  law  ip  copyright  policy  cablevision  funding  vc  cloud-computing  investment  legal  buffering 
march 2013 by jm
Science funding doesn't add up - The Irish Times
'[Science Foundation Ireland] said it was continuing to support basic research, but there are a number of leading scientists here who were refused funding despite having qualified for it in the past.

Dr Mike Peardon of the School of Mathematics was recently been turned down, having been “administratively withdrawn”. This means the application for funding was rejected at the first post during initial consideration and before it had a chance to be assessed by external experts. Several others in his department suffered a similar fate. “The school of mathematics at Trinity is ranked the 15th best maths department in the world and now we are not fundable by Science Foundation Ireland,” he said.

“The cases I heard of have all been in pure maths,” said Prof Lorraine Hanlon in UCD’s school of physics. “All reported that the people in pure maths were returned unreviewed.” She believes other areas may also come under pressure. “Pure maths is the thin end of the wedge. The Government says mathematics is fundamental, but on the other side says we dont really care enough to support it. That is a schizophrenic approach,” she said.'
mathematics  ireland  science  research  academia  funding  tcd  ucd  sfi 
july 2012 by jm
Pickstarter
'A curated blog of notable Kickstarter projects' (via potentato)
via:potentato  blogs  kickstarter  funding  links  projects 
may 2012 by jm
Unbound: The Crowdfunding Cargo Cult – Telegraph Blogs
'why was Unbound set up in the first place? It’s because they constructed a cargo cult, believing that if they mimicked the superficial elements of successful crowdfunding, they could enjoy the same success as others – but perhaps even more, thanks to their relationships with publishers, agents, authors, and the media.' They're not the only Kickstarter-cargo-culting company, too. via waxy
via:waxy  unbound  kickstarter  cargo-cult  funding  crowdfunding  books  uk 
july 2011 by jm
HEA now requiring all research positions obtain its approval before hire
regardless of the source of the funding, be it external EU grants with no HEA/exchequer input.  pretty stupid stuff (via Brian Lucey)
hea  grants  ireland  bureaucracy  academia  research  postdocs  funding  jobs  from delicious
february 2011 by jm
The 2011 Cricket World Cup: A Documentary
my mate Sush is looking to fund 'a documentary set in India during the World Cup of Cricket in 2011 about Indian cricket fans and their personal stories.' Looks great -- might blog about this a bit more...
sush  movies  kickstarter  funding  documentaries  cricket  india  from delicious
december 2010 by jm

related tags

academia  ads  advertising  amicus-curiae  awards  basho  blogs  books  buffering  bureaucracy  cablevision  cargo-cult  city  classical  cloud-computing  compensation  copyright  cricket  crowdfunding  d1  databases  dcu  digital-rights-ireland  documentaries  donations  downturn  dri  dublin  ello  emi  employment  europe  fail  finances  foi  free  fund-it  funding  google  government  granby-park  grants  grassroots  hea  heartbleed  history  incompetence  india  internet  investment  ip  ireland  irma  jobs  kevin-mitchell  kickstarter  law  legal  life-sciences  links  mathematics  mismanagement  money  movies  mp3  music  musopen  namawinelake  nature  news  nosql  open-data  open-source  opensource  openssl  oss  parks  policy  politics  pop-up  postdocs  privacy  projects  public  public-funding  research  riak  rte  science  sean-sherlock  security  series-a  sfi  sfu  share-options  shares  sony  soundcloud  spotify  startups  storage  students  sush  tcd  tech  tim-bray  tv  ucd  uk  unbound  unicorns  universal  universities  vc  via:fplogue  via:nelson  via:potentato  via:waxy  waxy  xoogler 

Copy this bookmark:



description:


tags: