Weekly Digest

Startup News Digest: 3/10/17

Startup News Digest: 3/10/17

Engine released a report on Wednesday highlighting the ways in which startups are capitalizing on Big Data to solve some of society’s biggest challenges. The paper also offers insights for policymakers seeking to foster innovation and social transformation while maintaining sufficient protections for the American public. To celebrate the report’s publication, Engine hosted a briefing on Capitol Hill, which was headlined by Reps. Blake Farenthold (R-TX) and Derek Kilmer (D-WA). They were joined by a distinguished panel of policy analysts and startup leaders from ITIF, FarmLogs, and LendUp. Panelists explained how the convergence of multiple datasets is really what drives insights, even more than the size of a single dataset. The also argued that the data generated and shared by the government should be high quality, interoperable, and widely available to entrepreneurs.

Startup News Digest: 3/3/17

Startup News Digest: 3/3/17

Prioritizing Broadband in Infrastructure Package. During his State of the Union address to Congress on Tuesday, President Trump promised to invest $1 trillion in infrastructure. While the speech did not include specifics about what would be included in the initiative or how it would be funded, many are hopeful that broadband investments will be prioritized (including more than 60 mayors and local leaders who signed onto a Next Century Cities letter urging the President and Congressional leadership to include broadband in any infrastructure effort). As we have argued before, the millions of Americans who still lack access to quality broadband represent potential users and entrepreneurs who are cut off from the opportunities that connectivity provides. We’re tracking.

Startup News Digest: 2/24/17

Startup News Digest: 2/24/17

Very, Very Strange Times at Uber. Uber was thrown into a human resources and public relations nightmare this week after Susan Fowler, a former engineer at the ride-sharing giant, published a damning blog post recounting sexism, sexual harassment, and administrative negligence during her time at the company. The lack of diversity in the technology industry is well-documented, and while top executives at most Silicon Valley companies (including Uber) have acknowledged the problem and pledged to fix it, accounts like Fowler’s call into question whether those pledges are merely talk. The company’s CEO Travis Kalanick responded to the post by calling for an “urgent investigation” into the allegations, and tapped former Attorney General Eric Holder, board member Arianna Huffington, and the company’s Chief Human Resources officer, Liane Hornsey to lead the probe. However, some have called this approach into question, noting that the three individuals selected are all company insiders. Policymakers on the Hill have also responded to the story, calling on tech companies to do more to embrace diversity. Only time will tell how Uber will recover from this crisis, but in the meantime, there’s always Lyft.

Startup News Digest: 2/17/17

Startup News Digest: 2/17/17

Congress Talks Self-Driving Cars. As autonomous vehicles increasingly move from the realm of science fiction to literally hitting the pavement, policymakers are grappling with a broad range of issues presented by these new technologies, including safety, security, liability, and ethics. On Tuesday, Congress had the opportunity to dive deeper on some of these topics, as the House Energy & Commerce Committee’s Digital Commerce and Consumer Protection subcommittee convened a hearing on self-driving vehicles that included panelists from GM, Toyota, Volvo, Lyft, and the RAND Center for Decision Making Under Uncertainty. The participating industry giants called on Congress to relax existing safety regulations, such as the requirement that any vehicle have both a steering wheel and floor pedals, which they argued currently limit innovation. They also noted that the existing patchwork of state laws was stifling growth (Lyft called out California’s proposed laws in particular) and urged policymakers to do more to explicitly limit the ability of states to legislate on this emerging technology. To coincide with the hearing, several members highlighted efforts to improve regulatory flexibility for the industry (including potential legislation from Sens. John Thune and Gary Peters), and there will most certainly be more to come.

Startup News Digest: 2/10/17

Startup News Digest: 2/10/17

On Tuesday, more than 200 startups and investors from across the country joined Engine and the National Venture Capital Association (NVCA) in sending a letter to President Trump opposing his Executive Orders on immigration—both the immigration ban EO signed on January 27th and the draft EO that would roll back existing worker visa and parole programs. In a statement, Engine Executive Director Evan Engstrom noted that “Beyond the obvious harm these policies would have on refugees, immigrants, and the U.S.'s standing in the world community, we wanted to make sure the President understood that these policies would have a major detrimental impact on entrepreneurship and innovation.” Signatories ranged from early-stage startups like NourishWise in Nashville, TN and WorkHound in Des Moines, IA, to later-stage companies like Pinterest, General Assembly, and Vimeo. The letter was also signed by almost 100 individual investors, including Ron Conway, Dave McClure, Venky Ganesan, Jeff Clavier, and William H. Draper III.

Startup News Digest: 2/3/17

Startup News Digest: 2/3/17

In a startling move after only one week in office, President Trump signed an Executive Order last Friday limiting the movement of immigrants—including lawful visa holders—and refugees from seven predominantly Muslim countries into the U.S. In a statement, Evan Engstrom, Engine’s executive director, said “The executive order is both morally and economically misguided, and sets a dangerous precedent that signals to the rest of the world that America is no longer open for innovation.” Hundreds of companies and organizations released statements of their objection, including GoogleAppleAirBnBMicrosoftthe Internet Association,  CCIACTA, and TechNet. As immigrants play an essential role in building and contributing to the success of American startups, we urge our fellow members of the startup ecosystem to sign our letter to President Trump to express their opposition.

Startup News Digest: 1/27/17

Startup News Digest: 1/27/17

Earlier this week, it was announced that President Trump had tapped Ajit Pai to chair the Federal Communications Commission (FCC). Pai is currently the senior Republican commissioner at the agency and as such, his nomination will not require Senate approval. Engine is hopeful that as chairman, Pai will preserve Chairman Wheeler’s tradition of championing America’s innovators and ensuring that startups and entrepreneurs have a voice in the critical debates impacting our 21st century innovation economy. While we have disagreed with Commissioner Pai on a number of issues during his tenure (most notably on net neutrality), we see promise in areas such as his proposal for the creation of Gigabit Opportunity Zones and his efforts around promoting the growth of internet-based services. Expanding access to broadband and preventing incumbent gatekeepers from undermining competition are critical to fostering a thriving startup ecosystem, and we look forward to continuing the important work of ensuring that our communications infrastructure supports innovation in all corners of the U.S.

Startup News Digest 1/20/17

Startup News Digest 1/20/17

This week marked the five year anniversary of the Stop Online Piracy Act (SOPA) and PROTECT IP Act (PIPA) protest—a coordinated blackout of more than 50,000 websites meant to push back against the online censorship that the bills threatened. As Engine Executive Director Evan Engstrom explains in a new blog post, “the bills themselves would have allowed the government, at the behest of copyright owners, to blacklist and functionally deny access to websites accused of hosting infringing content, undermining the fundamental architecture of a free and open internet.” 

Startup News Digest 1/13/17

Startup News Digest 1/13/17

Today, we’re launching #StartupsEverywhere, a campaign celebrating the diverse, vibrant entrepreneurial ecosystems that are taking root in every corner of the country. The project will showcase exciting developments in a variety of rising startup communities through weekly interviews with startup ecosystem leaders. The profiles will look at issues ranging from the challenges faced by these communities to the unique qualities that set them apart from traditional technology hubs. Look out for our first profile this coming Wednesday, and stay tuned for a new featured community every week.

Startup News Digest 1/6/17

Startup News Digest 1/6/17

Last year saw a number of notable moments in startup and technology policy: investment crowdfunding went live, net neutrality survived a court challenge, drones took the the skies, encryption dominated headlines, the Copyright Office reviewed the DMCA, and much more. Over the last two weeks, we have been recapping these top issues and looking at how they could be impacted in 2017 on our blog. Read all of the posts here, and stay up to date with these topics and more by signing up for our monthly newsletter.

Startup News Digest 12/16/16

Startup News Digest 12/16/16

Tech Meets with Trump. Following on the heels of weeks of meetings for the President-elect, Donald Trump met with 14 executives from the tech community at Trump Tower on Wednesday. Prior to this meeting, relations between the Trump team and Silicon Valley had been frosty, at best. During the course of his campaign, Trump called for many policies that the technology community found threatening, including trade restrictions, stricter immigration policy, and “closing that internet up.” Despite this, many attendees from both camps left the meeting optimistic. Chief Executive Officer of Amazon, Jeff Bezos, a favorite target of Trump during the election said, “I shared the view that the administration should make innovation one of its key pillars, which would create a huge number of jobs across the whole country, in all sectors, not just tech—agriculture, infrastructure, manufacturing—everywhere.” Among the items discussed at the meeting was the aforementioned job creation, China, tax reform, education, and infrastructure. Mr. Trump summed up his feelings towards the group saying, “We want you to keep going with the incredible innovation. There’s nobody like you in the world.”

Startup News Digest 12/9/16

Startup News Digest 12/9/16

Join Us in Pushing Back Against the EC’s Copyright Proposal. Earlier this year, the European Commission (EC) published a dangerous copyright reform proposal that would require online portals to implement filtering technologies to proactively police their users’ conduct. If adopted, this proposal would have a devastating impact: raising the cost of operating an online platform startup to untenable levels, diminishing investment capital for new companies, and threatening to bankrupt existing portals. In an attempt to fight back against the EC’s proposal, Engine has drafted a startup sign-on letter to USTR, the Department of Commerce, and the State Department, urging leaders at those agencies to engage with the EU to push back against this new copyright regime on behalf of America’s startups. If your startup is interested in joining the letter, please email Emma at emma@engine.is.

Startup News Digest 12/2/16

Startup News Digest 12/2/16

On Wednesday, Engine’s Executive Director Evan Engstrom and sixteen other technology industry leaders sent a letter to President-elect Donald Trump outlining a number of growth and innovation-driving principles he should consider as he sets his policy agenda. The letter outlines the impact of the technology industry on economic growth and encourages Trump to tap into the sector’s ingenuity to solve some of America’s biggest challenges. Specifically, the letter recommends investing in an improved technology infrastructure, modernizing the ways laws and regulations govern data, pursuing tax reform, and filling government with people who are committed to working faster and smarter. Read the full letter here.

Startup News Digest 11/18/16

Startup News Digest 11/18/16

DC Grapples with IoT Cybersecurity. The Internet of Things (IoT) has grown exponentially in recent years: there are now approximately 6.4 billion internet connected devices worldwide, a number that is increasing by 5.5 million every single day. While the growing IoT holds tremendous potential, recent cyberattacks have left policymakers increasingly concerned over vulnerabilities in connected devices. On Tuesday, the National Institute of Standards and Technology (NIST) issued a set of guidelines on IoT cybersecurity, while the Department of Homeland Security (DHS) published its own policy principles for securing connected devices. The following day, policymakers on the Hill held a joint hearing to discuss security and cyberattacks on the IoT. There was consensus among panelists around the importance of standards and guidelines like those released by the Administration earlier in the week. However, there was disagreement over whether formal regulations are necessary. While one participant called for government intervention, Rep. Greg Walden (R-OR), who chaired the hearing, noted that regulations would be a "knee-jerk reaction" to recent attacks. We’re tracking.

 

Startup News Digest 11/11/16

Startup News Digest 11/11/16

Tech Confronts the Reality of a Trump Presidency. It’s no secret that Donald Trump has been at odds with the tech community throughout his campaign. And while much of the industry is still reeling after Tuesday’s results, startup and tech leaders are beginning to come to terms with the reality of a Trump presidency. While a number of the positions espoused by Trump are antithetical to those held by the tech community (think immigration, encryption, net neutrality, etc.), some tech leaders are approaching President-elect Trump with an open mind and expressing a willingness to work with him. Then, on the other end of the spectrum, there’s VC Sherwin Pishevar calling for California to secede. No one can know exactly what Trump’s presidency will mean for startups and tech, but numerous publications are making predictions. A few of them can be found herehereherehere, and here

Startup News Digest 11/4/16

Startup News Digest 11/4/16

This week, 84 business executives, both male and female, penned an open letter to our next president detailing the steps that he or she should take to bolster the participation of women in entrepreneurship. They grouped their suggestions into three broad categories: access to financial and human capital, access to local and global markets and networks, and help with the changing-face of technology. The lack of diversity in startups and investments is well documented. But it’s also indisputable that improving the landscape for female entrepreneurs will create positive economic and social impacts. As the group pointed out in their letter, if women and men participated equally in the entrepreneurial ecosystem, the United States’ GDP could rise by $30 billion. The business leaders also noted that women invest 90 percent of their income into their communities, meaning that an investment in their careers could easily benefit society as a whole.  

Startup News Digest 10/28/16

Startup News Digest 10/28/16

Change in Leadership at the Copyright Office. Last Friday, Maria Pallante was removed from her post as Register of the Copyright Office by the new Librarian of Congress, Carla Hayden. While Pallante was reassigned as a senior advisor on digital strategy, she formally declined the new position, resigning from the Office on Monday. As the 12th Register, Pallante was both a vocal advocate of separating the Copyright Office from the Library of Congress and an early supporter of SOPA—two policies strongly opposed by the startup and tech communities, as well as public interest groups. The abrupt change-up has sent shockwaves through both the tech and entertainment industries, and many believe it is a foreshadowing of the larger copyright reform debate that is expected to occur early in the next Congress. We’re tracking.

Startup News Digest 10/21/16

Startup News Digest 10/21/16

For years, the startup and tech communities have been advocating for a pathway that would encourage the most promising immigrant entrepreneurs to start and scale their companies in the U.S. While no program currently allows for this, a recent proposal from the White House could change that. The International Entrepreneur Rule, proposed by the U.S. Citizenship and Immigration Services (USCIS) in August, will allow qualifying foreign entrepreneurs to live in the U.S. to build their startup for up to five years. On Monday, Engine and New York-based technology trade group Tech:NYC submitted comments supporting the rule and recommending a number of targeted modifications, which we believe will allow the Rule to have an even greater positive impact. You can learn more and read the full comments here

Startup News Digest 10/14/16

Startup News Digest 10/14/16

Engine and Tusk Ventures have released our second “Grading the Candidates on Tech” report card, this time focusing on the candidates in some of November's tightest Senate races. We evaluated the candidates in eleven different contests based on their positions on key issues including broadband access and infrastructure, intellectual property, data security and privacy, and talent acquisition. The report card showed there were no overall leaders in the pool of 22 candidates and all but four candidates received an “incomplete” on a key issue on their respective report cards. The grades also reveal that many have failed to outline or champion any tech policies throughout their political careers, with data security and privacy receiving the most “incomplete” grades due to the lack of unbridled advocacy in supporting reforms to U.S. government surveillance laws. View the full analysis here