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Remembering the startups we lost in 2020

TechCrunch

Atrium, a 100-person legal tech startup founded by Justin Kan, shut down in March after failing to find an efficient way to replace the arduous systems of law firms. Ultimately, Atrium’s failure shows how difficult and unprofitable it could be to disrupt a traditional and complicated system. Mixer/Beam Interactive (2014-2020).

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‘High conviction, low volume’: Playfair launches $70M pre-seed fund for European startups

TechCrunch

One of them was Orca AI which was developing a collision-avoidance system for ships, and it was this company from a sea of samey startups that Playfair ended up investing in — both in its 2019 pre-seed funding round, and its follow-on Series A round two years later. “That’s where we like to look,” Smith said.

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From Bugs to Breaches: 25 Significant CVEs As MITRE CVE Turns 25

Tenable

CVE-2010-2568: Windows Shell Remote Code Execution Vulnerability Remote Code Execution Exploited Zero-Day Local Stuxnet High 2010 Why it’s significant: Regarded as one of the most sophisticated cyberespionage tools ever created, Stuxnet was designed to target SCADA systems in industrial environments to reportedly sabotage Iran's nuclear program.

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Ex-Uber software engineers raise $3M for Sperta, a 6-month-old startup that wants to help fintechs better manage fraud risk

TechCrunch

Diao’s first project at the company after starting in 2014 was building a rules engine called Mastermind to fight fraud. However, dispatch was one of Uber’s most critical systems, and it had a much bigger scale than previous use cases while having a very stringent latency requirement. .

Fintech 204
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How AerCap’s CIO has been a catalyst for a robust M&A strategy

CIO

His own buy before build strategy was very different to GECAS, which relied on the back-office infrastructure of parent company GE while running proprietary software on Amazon that was core to its business processes. You have to make decisions on your systems as early as possible, and not go down the route of paralysis by analysis, he says.

Strategy 152
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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. Startup accelerators’ definition of ‘value add’ is due for a refresh. Startup accelerators’ definition of ‘value add’ is due for a refresh. Do an architecture review of the product every 18-24 months.

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The Cake is NOT a Lie: 5 Java Frameworks to Support Your Microservices Architecture

OverOps

Smaller code bases are easier to understand, and with clearly separated services the overall architecture is much “cleaner”. Higher frequency releases and increased collaboration between dev and ops is exciting, but it’s important to stay diligent. Their focus is not only on the individual microservices, but on the system as a whole.