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Lowercase Capital
Lowercase Capital is an American venture capital firm that provided seed and early stage funding for a number of successful startups including Twitter, Twilio, Kickstarter, Uber, Instagram, and Stripe. It raised over $1 billion in capital and sources claim a return of at least $5 billion to its investors. History Lowercase was founded by Chris Sacca in May 2010 with commitments of $8.5 million from limited partners including Richard Branson and Eric Schmidt. One of the firm's marquee investments was an investment in pre-IPO Twitter, which contributed to more than 1,500% growth in Lowercase's funds, returning approximately “$5 billion to investors.” Fortune has speculated that Lowercase Ventures Fund I, with holdings in Uber, Docker, and Optimizely is the best-performing fund of all time from a return multiple perspective. Founder Chris Sacca refers to himself as the “proprietor” of Lowercase. In the context of his work at Lowercase, he has been credited by Forbes ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first ro ...
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Creative Artists Agency
Creative Artists Agency LLC (CAA) is an American talent and sports agency based in Los Angeles, California. It is regarded as an influential company in the talent agency business and manages numerous clients. In March 2016, CAA had 1,800 employees. History Creative Artists Agency (CAA) was formed by five agents at the William Morris Agency in 1975. At a dinner, Michael Ovitz, Michael S. Rosenfeld, Ronald Meyer, Rowland Perkins, and William Haber decided to create their own agency. The agents were fired by William Morris before they could obtain financing. CAA was incorporated in Delaware and had a $35,000 line of credit and a $21,000 bank loan and rented a small Century City office. Within a week, they sold a game show called '' Rhyme and Reason'', the ''Rich Little Show'', and ''The Jackson 5ive''. An early plan was to form a medium-sized full-service agency, share proceeds equally, and do without nameplates on doors or formal titles or individual client lists, with guidelin ...
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Automattic
Automattic Inc. is an American global distributed company which was founded in August 2005 and is most notable for WordPress.com (a freemium blogging service), as well as its contributions to WordPress (an open source blogging software). The company's name is a play on founder Matt Mullenweg's first name and automatic. Automattic raised US$846 million in six funding rounds. The last round of US$288 million was closed in February 2021. A subsequent private stock buyback valued the company at US$7.5 billion. The company had 1,930 employees as of March 2022. Its remote working culture was the topic of a participative journalism project by Scott Berkun, resulting in the 2013 book ''The Year Without Pants: WordPress.com and the Future of Work''. CEO Matt Mullenweg allows company employees to work from wherever they want, whenever they want. History On January 11, 2006, it was announced that Toni Schneider would be leaving Yahoo! to become CEO of Automattic. He was previously CEO ...
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Travis Kalanick
Travis Cordell Kalanick (; born August 6, 1976) is an American businessman best known as the co-founder and former chief executive officer (CEO) of Uber. Previously he worked for Scour, a peer-to-peer file sharing application company, and was the co-founder of Red Swoosh, a peer-to-peer content delivery network that was sold to Akamai Technologies in 2007. Kalanick was CEO of Uber from 2010 to 2017. He resigned from Uber in 2017, after growing pressure resulting from public reports of the company's unethical corporate culture, including allegations that he ignored reports of sexual harassment at the company. Kalanick retained his seat on the board of directors until he resigned the seat on December 31, 2019. In the weeks leading up to the resignation, Kalanick sold off approximately 90% of his shares in Uber, for a profit of about $2.5 billion. Following the sale, in 2017, Kalanick was ranked 238th on the Forbes 400 list of richest Americans, with a net worth of $2.6 billion ...
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Lumi (company)
Lumi is a Los Angeles-based company founded by Jesse Genet and Stephan Ango that offers packaging and supply chain management software. The company got its start developing Inkodye, a photo-reactive vat dye that develops its color through exposure to UV or sunlight. History Jesse Genet began experimenting with different printing techniques as a teenager in 2004, attempting to print photographs on cotton T-shirts. Unsatisfied with the results of screen printing and dye-sublimation she pursued her research and found what became a precursor to Inkodye, a chemical formula from the 1950s owned by a retired engineer. After meeting Stephan Ango while studying at Art Center College of Design, the pair acquired the chemical formula and began modernizing it. Lumi launched a Kickstarter campaign in December 2009 to fund R&D of the technology. The company raised $13,597 and rewarded its backers with wallets, bags and other products printed using the process. The project was an early succe ...
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Tala (company)
Tala may refer to: Arts and entertainment *Tala (comics), a fictional character in DC comics *''Tala'', a 1938 volume of poetry by Gabriela Mistral *Tala (music), a rhythmic pattern in Indian classical music * "Tala" (song), by Sarah Geronimo, 2016 *Tālā (musician) (Jasmin Tadjiky, born 1989), London-based musician Places Africa *Tala, Egypt *Tala, Kenya *Thala, Tunisia Americas *Tala, Jalisco, Mexico *Tala, Uruguay Asia *Tala or Getahovit, Tavush Province, Armenia *Tala Upazila, Khulna Division, Bangladesh ** Tala Union, within Tala Upazila *Tala, Bhutan *Tala, Cyprus *Tala, Iran *Tala, Kolkata, India *Tala, Raigad, India *Tala, Russia *Tala River, in Seram Island, Indonesia Other uses *Tala (name), a female given name, and a list of people and fictional characters with the name *Tala (goddess), in Tagalog mythology *Samoan tālā, the currency of Samoa *''Celtis tala'', or tala, a deciduous tree in South America *Təla (''Tala''), the seventh month of the Afghan ...
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Lookout (company)
A lookout or look-out is a person in charge of the observation of hazards. The term originally comes from a naval background, where lookouts would watch for other ships, land, and various dangers. The term has now passed into wider parlance. Naval application Lookouts have been traditionally placed in high on masts, in crow's nests and tops. The International Regulations for Preventing Collisions at Sea (1972) says in part: : Every vessel must at all times keep a proper look-out by sight (day shape or lights by eyes or visual aids), hearing (sound signal or Marine VHF radio) and all available means (e.g. Radar, ARPA, AIS, GMDSS...) in order to judge if risk of collision exists. Lookouts report anything they see and or hear. When reporting contacts, lookouts give information such as, bearing of the object, which way the object is headed, target angles and position angles and what the contact is. Lookouts should be thoroughly familiar with the various types of distress signa ...
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Medium (website)
Medium is an American online publishing platform developed by Evan Williams and launched in August 2012. It is owned by A Medium Corporation. The platform is an example of social journalism, having a hybrid collection of amateur and professional people and publications, or exclusive blogs or publishers on Medium, and is regularly regarded as a blog host. Williams, previously co-founder of Blogger and Twitter, initially developed Medium as a means to publish writings and documents longer than Twitter's 140-character (now 280-character) maximum. In March 2021, Medium announced a change in its publishing strategy and business model. The change is to its mix of paid journalists working on its own publications – this will be proportionally reduced – versus its support of independent writers, which will increase. History 2012 (launched) - 2016 Evan Williams, Twitter co-founder and former CEO, created Medium to encourage users to create posts longer than the then 140-character ...
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WordPress
WordPress (WP or WordPress.org) is a free and open-source content management system (CMS) written in hypertext preprocessor language and paired with a MySQL or MariaDB database with supported HTTPS. Features include a plugin architecture and a template system, referred to within WordPress as "Themes". WordPress was originally created as a blog-publishing system but has evolved to support other web content types including more traditional mailing lists and Internet fora, media galleries, membership sites, learning management systems (LMS) and online stores. One of the most popular content management system solutions in use, WordPress is used by 42.8% of the top 10 million websites . WordPress was released on May 27, 2003, by its founders, American developer Matt Mullenweg and English developer Mike Little, as a fork of ''b2/cafelog''. The software is released under the GPLv2 (or later) license. To function, WordPress has to be installed on a web server, either part of ...
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