Where did venture capitalists go to college?

 The educational backgrounds of VC investment professionals are in some ways surprisingly diverse, even if the population of investors generally isn’t. Still, there are some definite trends to suss out at all levels of the educational continuum, and that’s what we’re going to do today. Read More

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Oracle to buy construction collaboration software maker Aconex for $1.2B in cash

 Oracle will pay $1.2 billion in cash to buy construction software developer Aconex, the companies announced today. Based in Melbourne, Aconex’s cloud-based software allow teams working on building projects to collaborate and share documents. Oracle agreed to pay AUD $7.80 (about $5.97) per share in cash for a total of $1.2 billion. This price represents a 47% premium over… Read More

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Sidewalk Labs could pilot city-changing tech in Toronto sooner than you think

 Alphabet’s Sidewalk Labs smart city subsidiary is working with the city of Toronto to help plan a brand new community, but nothing’s set in stone on that front yet, with a 12-month lead-up period during which they’ll work out the project and make sure all involved agree to move forward. But that doesn’t mean Sidewalk has to wait at least a year to start exploring how… Read More

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