• Trending on the Ticker

  • Stripe announces Stellar, an open-source project that's creating a decentralized protocol for sending and receiving money in any pair of currencies; Stellar was developed by Stellar Development Foundation, a non-profit created by Patrick Collison & Jed McCaleb; Stripe invested $3M into Stellar Development Foundation; board incl @rabois, @sama, @naval, @photomatt - Link
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  • @Palantir acqui-hires drag-and-drop app building startup Propeller; terms undiscl; raised $1.25M from @a16z, ffAngel, Menlo, Foundation, @mlevchin, @aplusk, @rabois, Scott Banister, Jason Portnoy, Lee Linden, Rothenberg, Alfred Mandel; Thiel is a co-founder @ Palantir & a partner @ Founders Fund; co-founder @ClayAllsopp is also a Thiel Fellow - Link
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  • Strategic consultancy firm SherpaFoundry, founded by Scott Stanford & Shervin Pishevar, incubates 'Do', which is web-based tool for managing meeting agendas, summaries; Do raised $400k from SherpaVentures & Salesforce.com - Link
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  • Xiaomi becomes world's 5th largest smartphone maker w/ 5% mkt share of shipments (15.1M units) last qtr, up from 1.8% mkt share YOY, acc to Strategy Analytics; Samsung leads w/ 25.2% share, followed by Apple w/ 11.9%, Huawei w/ 6.8% & Lenovo w/ 5.4% - Link
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  • @hatchery, which offers a variety of small-batch artisan cooking ingredients for $25/mo, launches a marketplace w/ 100 food makers and chefs; the marketplace lets customers buy the full size of their favorite ingredients; the startup raised an undiscl seed round from family & friends - Link
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