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Berkeley SkyDeck
Berkeley SkyDeck (SkyDeck) is a high-tech entrepreneurship startup accelerator and incubator program at the University of California, Berkeley serving as a joint venture between the Haas School of Business and Berkeley College of Engineering. Founded in 2012, SkyDeck promotes high-tech entrepreneurship in the Silicon Valley. With Pitchbook ranking Berkeley alumni second to Stanford in producing venture capital-backed entrepreneurs, SkyDeck has become a top university incubator within the United States.https://www.dailycal.org/2013/10/24/study-lists-uc-berkeley-among-top-universities-producing-entrepreneurs/ Study lists UC Berkeley among top universities for producing entrepreneurs. ''The Daily Californian''. Retrieved 19 May 2020. Program Startup companies join the Berkeley SkyDeck accelerator for six months (one university semester). Startups accepted into the highest level cohort track receive $50,000 when they join, and $50,000 three months in—a total of $100,000 ...
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Seed Accelerator
Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day. While traditional business incubators are often government-funded, generally take no equity, and rarely provide funding, accelerators can be either privately or publicly funded and cover a wide range of industries. Unlike business incubators, the application process for seed accelerators is open to anyone but highly competitive. There are specific accelerators, such as corporate accelerators, which are often subsidiaries or programs of larger corporations that act like seed accelerators. Distinctive qualities The main differences between business incubators, startup studios, and accelerators are: # The application process is open to anyone but highly competitive. Y Combinator and TechStars have application acceptance rates between 1% and 3%. # Seed investment in startups is usually mad ...
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Equity (finance)
In finance, equity is ownership of assets that may have debts or other liabilities attached to them. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets. For example, if someone owns a car worth $24,000 and owes $10,000 on the loan used to buy the car, the difference of $14,000 is equity. Equity can apply to a single asset, such as a car or house, or to an entire business. A business that needs to start up or expand its operations can sell its equity in order to raise cash that does not have to be repaid on a set schedule. In government finance or other non-profit settings, equity is known as "net position" or "net assets". Origins The term "equity" describes this type of ownership in English because it was regulated through the system of equity law that developed in England during the Late Middle Ages to meet the growing demands of commercial activity. While the older common law courts dealt with questions of property title, equi ...
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Sierra Ventures
Sierra Ventures is an American venture capital firm based in San Mateo, California. It is focused on early stage emerging technology companies. History The firm was founded by Peter Wendell in 1982 in Menlo Park, California. Early investments included Healtheon, Intuit, Micromuse, and StrataCom StrataCom, Inc. was a supplier of Asynchronous Transfer Mode (ATM) and Frame Relay high-speed wide area network (WAN) switching equipment. StrataCom was founded in Cupertino, California, United States, in January 1986, by 26 former employees of t .... The firm is run by managing directors Mark Fernandes, Tim Guleri, and Ben Yu and is based in San Mateo, California. Investments As of 2019, Sierra Ventures had invested over $1.9 billion. The firm's initial investment averages between $500,000 and $7 million and on average it invests up to $15 million over the life of a company. Sierra Ventures’ CXO Advisory Board, a group of Global 1000 Chief Information, Technology, Data, Security, ...
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Mayfield (company)
Mayfield, also known as Mayfield Fund, is a US-based venture capital firm that focuses on early-stage to growth-stage investments in enterprise and consumer technology companies. Founded in 1969 and based in Menlo Park, California, it is one of Silicon Valley's oldest venture capital firms. History The firm was founded in 1969 by venture capitalist Thomas J. Davis, Jr. and Wally Davis (no relation). Thomas Davis Jr. had earlier founded venture capital firm Davis & Rock with fellow investor Arthur Rock, with funding from several founders of Fairchild Semiconductor. William F. Miller, a former vice president and provost at Stanford University, was an early investor. In 2009 and 2010, Mayfield fully funded marketing automation software company Marketo's series C and D rounds, and benefited when the company went public in 2013. In June 2011, Mayfield invested in field SaaS software startup ServiceMax. In September, Mayfield invested in Zimride's Series A funding round, a prede ...
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Sequoia Capital
Sequoia Capital is an American venture capital firm. The firm is headquartered in Menlo Park, California, and specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. , Sequoia's total assets under management were approximately US$85 billion. Sequoia is an umbrella brand for three different venture entities: one focused on the U.S. and Europe, another on India and Southeast Asia, and a third on China. Notable successful investments by Sequoia Capital include Apple, Cisco, Google, Instagram, LinkedIn, PayPal, Reddit, Tumblr, WhatsApp, and Zoom. History Sequoia was founded by Don Valentine in 1972 in Menlo Park, California, at a time when the state’s venture capital industry was just beginning to develop. Sequoia formed its first venture capital fund in 1974, and was an early investor in Atari the next year. In 1978, Sequoia became one of the first investors in Apple. Partners Doug Leone and Michael Moritz assumed leade ...
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Autonomous Robot
An autonomous robot is a robot that acts without recourse to human control. The first autonomous robots environment were known as Elmer and Elsie, which were constructed in the late 1940s by W. Grey Walter. They were the first robots in history that were programmed to "think" the way biological brains do and meant to have free will.Ingalis-Arkell, Esthe"The Very First Robot Brains Were Made of Old Alarm Clocks" 7 March 2012. Elmer and Elsie were often labeled as tortoises because of how they were shaped and the manner in which they moved. They were capable of phototaxis which is the movement that occurs in response to light stimulus. Historic examples include space probes. Modern examples include self-driving vacuums and cars. Industrial robot arms that work on assembly lines inside factories may also be considered autonomous robots, though their autonomy is restricted due to a highly structured environment and their inability to locomote. Components and criteria of robotic au ...
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Food Delivery
Retail food delivery is a courier service in which a restaurant, store, or independent food-delivery company delivers food to a customer. An order is typically made either through a restaurant or grocer's website or mobile app, or through a food ordering company. The delivered items can include entrees, sides, drinks, desserts, or grocery items and are typically delivered in boxes or bags. The delivery person will normally drive a car, but in bigger cities where homes and restaurants are closer together, they may use bikes or motorized scooters. Recently, online food delivery through third-party companies have become a growing industry and caused a "delivery revolution." Nascent technologies, such as autonomous vehicles have also been used to complete deliveries. Customers can, depending on the delivery company, choose to pay online or in person, with cash or card. A flat rate delivery fee is often charged with what the customer has bought. Sometimes no delivery fees are ch ...
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Kiwi Campus
Kiwi Campus, commonly referred to as Kiwi, is a Colombian-owned startup company providing food deliveries in California, United States, using largely autonomous robots called Kiwibots. Started in 2017 at the University of California, Berkeley, the company also delivers to parts of the city of Berkeley, on the Stanford University campus in Palo Alto, and in San Jose. Operations Kiwi uses three kinds of robots: one to collect prepared orders from the restaurant, a semi-autonomous tricycle in which orders are sorted and taken most of the way to the delivery point, and a small four-wheeled "Kiwibot", which can carry up to five orders and four of which can fit aboard the tricycle, that navigates the last approximately 300 meters to the customer. The company claims an average delivery time of 27 minutes. The Kiwibots have digitally animated eyes; the customer gestures to cause the hatch to open. The delivery robots, which are manufactured in China and assembled in Berkeley, have ...
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Carsharing
Carsharing or car sharing (AU, NZ, CA, TH, & US) or car clubs (UK) is a model of car rental where people rent cars for short periods of time, often by the hour. It differs from traditional car rental in that the owners of the cars are often private individuals themselves, and the carsharing facilitator is generally distinct from the car owner. Carsharing is part of a larger trend of shared mobility. Carsharing enables an occasional use of a vehicle or access to different brands of vehicles. The renting organization may be a commercial business. Users can also organize as a company, public agency, cooperative, or ''ad hoc'' grouping. The network of cars on the network becomes available to the users through a variety of means, ranging from the simplicity of using an app to unlock the car in real time, to meeting the owner of the car in order to exchange keys. As of January 2020 the world's top city for car sharing is Moscow with more than 30,000 vehicles (though in Moscow almost ...
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Electric Bicycle
An electric bicycle (e-bike, eBike, etc.) is a motorized bicycle with an integrated electric motor used to assist propulsion. Many kinds of e-bikes are available worldwide, but they generally fall into two broad categories: bikes that assist the rider's pedal-power (i.e. pedelecs) and bikes that add a throttle, integrating moped-style functionality. Both retain the ability to be pedaled by the rider and are therefore not electric motorcycles. E-bikes use rechargeable batteries and typically are motor-powered up to . High-powered varieties can often travel more than . E-bike use is growing in some markets, as they are seen as an eco-friendly and healthy alternative to cars, fossil fuel-powered mopeds and small motorcycles, and a less physically intense alternative to conventional bicycles. Depending on local laws, many e-bikes (e.g., ''pedelecs'') are legally classified as bicycles rather than mopeds or motorcycles. This exempts them from the more stringent laws regarding t ...
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Motorized Scooter
A motorized scooter is a stand-up scooter powered by either a small utility internal combustion engine or a small electric hub motor in its front and/or rear wheel. Classified as a form of micro-mobility, they are generally designed with a large center deck on which the rider stands. The first motorized scooter was manufactured by Autoped in 1915. Recently, electric kick scooters (e-scooters) have grown in popularity with the introduction of scooter-sharing systems that use apps to allow users to rent them by the minute; such systems are commonly found in the U.S and in Queensland, Australia. History * 1915: Autoped introduces its stand-up scooter. Pulling back on the handlebar disengaged the clutch and applied the brake. Production continued until 1921; Krupp of Germany built the Autoped under license from 1919 to 1922. * 1986: Go-Ped introduces the first modern stand-up scooters, the Roadster and Sport. * May 2001: Go-Ped introduces the first full-suspension stand-up e-s ...
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Transport
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may incl ...
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