Cornerstone VC hires Ella Wales Bonner as first female partner
Cornerstone VC, one of the leading funds in the UK with a diversity-led investment thesis, announced today the hiring of its latest partner: Ella Wales Bonner. She will be the fund’s first female partner and will also focus time on building Cornerstone’s mentoring practice to support the founders within the
Read moreCosine power approximation to Gaussian density
Years ago I wrote about how you can make a decent approximation to the Gaussian density by shifting and scaling the cosine function. This observation dates back at least as far as 1961. Turns out you can do even better by raising the cosine term to a power. Not only
Read morePharmEasy, once valued at over $5 billion, seeks new funding at a 90% valuation cut
Indian online pharmacy startup PharmEasy has informed its existing investors that it plans to raise about $300 million shortly in a new round of funding at a 90% markdown from the previous valuation, a person familiar with the matter said. Should PharmEasy secure the new funding, its valuation will be
Read moreGiving advice? Simplicity is king.
Photo by Elena Popova on UnsplashI played Go quite a lot. I switched to Chess recently and have played it way more for the last half a year.As I was playing Go, one of the frustrating things was that I had difficulty figuring out which move was bad and why.It’s a little bit
Read moreAfter bootstrapping for 8 years, accounting startup Dougs raises $27 million
Dougs, a French accounting startup, has been around since 2015. It already generates $16.4 million (€15 million) in annual recurring revenue. And it’s a bootstrapped company, meaning that it hasn’t opened its capital and raised any funding from VC firms. But now, the company has decided to raise its first
Read moreChina’s WeRide secures self-driving vehicle license from UAE
The United Arab Emirates has given Chinese autonomous driving company WeRide the first national license for self-driving vehicles. The permit allows WeRide to test its Level 4 autonomous vehicles on public roads throughout the country. Level 4 is a designation by SAE that means the vehicle can handle all aspects
Read moreKentucky is the first state to mandate Tesla’s charging plug
Kentucky now requires that electric vehicle charging companies include Tesla’s charging plug if they want to secure federal funds from a state program to electrify highways, Reuters reports. The plan went into effect Friday, making Kentucky the first state to officially mandate Tesla’s charging technology. Texas and Washington have also
Read moreTo Write or Not to Write (Code)?
What does it mean to be technical, and how it helps Engineering ManagersRobot Thinker, by MidJourneyA common topic in engineering leadership is the need for technical Engineering Managers (EMs). Do they need to code or not? What should their technical contribution be?While contexts vary, and there are no right and
Read moreBuy one, get one free
The two latest blog post have elaborated on the fact that when a function satisfies a second order differential equation, once you’ve evaluated the function and its derivative you get the second derivative for free, or at least for cheap. Sometimes functions are so closely related that software libraries bundle
Read moreFarmers use tech too with Charles Baron from Farmers Business Network
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Charles Baron, the co-founder and CMO at Farmers Business Network (FBN), a startup that offers a suite of online services to farmers. Baron talked about what led him — a
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