ACE NEWS ROUNDUP
This week our highlights all come from our early stage investments. Starting with Y Combinator, who held its 25th Demo Day. As usual, Charles Lorenceau – managing director of our London office – had the privilege to see the latest batch of start-ups, keep posted to hear if we end up investing in any of them. Moving on to Uber, who this week announced who their new CEO will be - Dara Khosrowshahi. Finally, Soundboks, the company who claims to produce “the loudest battery-powered speaker in the world,” has released The Soundboks 2.
1. All 50 startups from Y Combinator’s Summer 2017 Demo - Day 1
Biotech and artificial intelligence have emerged as the top startup trends at Y Combinator‘s 25th Demo Day. Check out the rest of the start-ups from day one here!
2. All the companies from Y Combinator’s Summer 2017 Demo Day - Day 2
Y Combinator is not just the most prestigious accelerator out there, it’s also the largest. And so, as has been the case for the past several years, there were too many companies to jam them all into one day. Check out the story here.
3. Uber CEO Pick Embraces Job as ‘Opportunity of a Lifetime’
Khosrowshahi, 48, was chosen by Uber’s board Sunday to replace Travis Kalanick, who resigned as CEO on June 20. At the end of a contentious CEO search, Khosrowshahi emerged as the dark horse, beating out better-known candidates, such as Hewlett Packard Enterprise Co.’s Meg Whitman and General Electric Co.’s Jeffrey Immelt. Check out the story here.
4. The 122-Decibel 'World's Loudest Wireless Speaker' Is the Awesomest Way to Rupture Your Eardrums
Most wireless speaker companies are so concerned with making their unit portable that they end up compromising sound quality and the ability to truly blast tunes for a smaller size – not this one. Check out the story here.