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July 6, 2016

Surprise accelerator tops study of where best-funded startups come from

Y Combinator came in No. 2 behind another Bay Area accelerator and 500 Startups came in at No. 4.




Y Combinator chief puts his VC tax break to work on social moon shots

Sam Altman has donated millions to a research unit of his Mountain View accelerator, using money he figures the government should have taken from him in taxes.




Shift Technologies launches app so customers can request used car test drives

Buyers can also have the car brought to them for a test drive at the tap of a button.




Google buys French startup to improve video, photo experience through machine learning

Moodstocks describes their tech as giving “eyes to machines by turning cameras into smart sensors able to make sense of their surroundings.”




Theranos now faces congressional inquiry over blood tests

The U.S. House of Representatives has sent a letter to Theranos asking it to lay out a step-by-step plan for how it will comply with regulators, as well as a post-mortem on what went wrong at the blood-testing biotech.




More founder & funder news

DRK Foundation raises $65M to fund 100 new social innovation companies

Austin No. 1 U.S. city to launch tech startup, survey says

Pharma firm that uses 3D printing to make medicines raises $30M

Charter to Time Warner Cable employees: No more working from home and ditch the jeans

Carlyle Group billionaire's opinion: Brexit won't happen

Cromwell Schubarth

Senior Technology Reporter

cschubarth@bizjournals.com

408.299.1823

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