Building an app like Netflix from scratch either by hiring your own team or by partnering with an app development company could be a cumbersome and daunting task.Alternatively, you can consider using clones of Netflix.These white label Netflix clone scripts are easy to customize and help you save a lot in terms of time and money.All of us love the element of choice!How often have we come back from work after having a frustrating day… only to watch one of the most boring sitcoms that we may not live in?How great would it be if we had complete command over what we watch and when we watch?This is exactly what apps like Netflix have done to the world of videos and entertainment.When Uber heralded the on-demand model, little did people expect it to sneak into the world of entertainment.
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Netflix is a video streaming application that provides users with a platform to stream popular series, movies, documentaries, and TV shows on your smartphones and computers.The OTT service provider allows you to connect up to six devices simultaneously using one Netflix account, which is less costly.The app contains content for children and seniors, and this app is one of the favorite resources to entertain users of any age.Building a Video Streaming App like Netflix from scratch will take a lot of time and development costs.As developers use existing software, the cost of research and development of the application will be saved.In this way, the Netlfix clone app will be unique and helps attract customers by signing up for bonuses and discounts.Features to Have in your Netflix Clone AppEnrich the app with useful features to make users like your app and engage users.The right developer will help you get a smooth and feature-packed application.Admin DashboardYou as an admin will have complete control over the entire platform.
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Uber for catering app on demand takes into account gatherings and social affairs and offer the biggest online choice for catering choices, live cooking stations, home-style cooking, platters, and get-together bundles.Such administrations empower individuals or organizations to sort out gathering's on-request.We host the cake to finish your gathering!Read further to know more about on-demand catering app development!
We all have worked hard for 4 years or maybe 5 years and waited for the big day to make our friends and family proud of our achievements.But, this year, due to the pandemic many people were not able to attend as graduation means large gatherings.Though many universities organized virtual graduation ceremonies, there will always be a void of not being able to attend it in person.So, if you have a relative or friend who graduated this year but is going through some of the low times of life, then it's time to give them gifts, celebrate their graduation, and cheer them up.Here We Have Designed A Complete List Of Gifts You Can Gift That’ll Help Them Become Future-Ready:Smart watches: This is the era of technology, a time of being smart.We live in the new concept of smart homes and smart cities.We all have become used to saying “Hey Google,” “Hey Siri,” “Alexa, What's the weather today” for small menial tasks and updates.They have become part of our life and we rely heavily on them.From knowing the latest news to booking a cab or salon or playing endless music, smart home speaker is a perfect gift for anyone stepping into adulthood.Flash drive:Flash drives are our forever companion just like mobile phones.flash drives are available in many different storage sizes and of various brands.
Last weekend's race was the first of the season not won by Mercedes - follow our guide to get an F1 live stream and watch the Spanish Grand Prix online in 2020.
Judges were ‘blown away’ by the solution that helps businesses focus on candidates while saving time and moneySHL’s Virtual Assessment Center Receives HR Tech AwardSHL’s Virtual Assessment and Development Center (VADC) has been recognized as the Best Innovative Tech Solution for Talent Acquisition in 2020 by the HR Tech Awards, powered by Lighthouse Research and Advisory.The Virtual Assessment and Development Center was designed to provide a faster and more inclusive way to hire, promote, and develop people.SHL customers have reported an overall cost reduction of 20%, and a time savings of 75%, using this solution.“We built this technology to accommodate for the global nature of talent acquisition,” said Jora Gill, SHL’s Chief Digital Officer.“Organizations have to spend an enormous amount of time and cash to interview top candidates around the world, but our Virtual Assessment and Development Center cuts cost and time out of the process so hiring managers can focus on the person and fit.Even more so, this solution has become essential during the pandemic, as many customers have been forced into a virtual approach to talent acquisition and development.”SHL’s VADC is unlike any other product of its kind, thanks to the suite of amenities that can be included: Hosting live or recorded video interviews; a document hub that keeps all candidate information in one place; hosting any assessment from SHL’s unrivalled portfolio to identify personality, motivation, skill, ability, and behavior; and it allows the interviewer to tag qualities that stand out in candidates for other reviewers to see.All the analysis is displayed on a scorecard to easily show which candidates are highly rated and best fit for the role.“This is nothing like the assessments I am used to – [we were] blown away by the capabilities,” said the HR Tech Awards panel of judges.For more such Updates Log on to Follow us on Google News Hrtech News 
LG struggle in the smartphone market isn’t something new. A few years ago, the company was one of the most notable smartphone makers with competitive ... The post LG K31s visits FCC and live photos emerge appeared first on
A new update to Google Search adds live TV results and recommendations to help you quickly find something to watch.
The promotion is part of Microsoft's Free Play Days
Epic Games, developer of the popular video game 'Fortnite,' filed a lawsuit Thursday against Google, claiming its app store policies are anticompetitive. Google kicked "Fortnite" out of its Play Store after Epic bypassed its ban on in-app purchases that don't use Google's own payment systems. Epic and other app developers have argued that the policy constitutes monopolistic behavior by unfairly advantaging Google. Epic also filed a lawsuit against Apple earlier on Thursday over its decision to boot "Fortnite" from the App Store on similar grounds. Both companies' dominance in mobile app marketplaces has fueled antitrust concerns among lawmakers and regulators.  Visit Business Insider's homepage for more stories. Epic Games, the maker of "Fortnite," took its second swing at a tech giant on Thursday by filing a lawsuit against Google, claiming that it's engaged in monopolistic behavior with its Play Store and Android operating system policies. Earlier on Thursday, Google removed "Fortnite" from its Play Store after Epic rolled out an update that allowed users to pay it directly for in-app purchases, instead of going though Google's existing payment systems — a violation of Play Store terms. "While Fortnite remains available on Android, we can no longer make it available on Play because it violates our policies. However, we welcome the opportunity to continue our discussions with Epic and bring Fortnite back to Google Play," a Google spokesperson told Business Insider. Epic claims in the lawsuit that the policy "harms app developers and consumers by inserting [Google] as a mandatory middleman in every in-app transaction" and therefore allowing it to charge an unnecessarily steep 30% on each transaction. Google's decision to boot "Fortnite" came just hours after Apple similarly removed the game from its App Store, also citing Epic's decision to circumvent the company's payment systems, which charge the same 30% commission. Epic filed a lawsuit against Apple over the issue earlier on Thursday. But Epic's lawsuit against Google is broader in scope, and claims that Google's rules for Android device makers and app developers unfairly advantage it over competitors. Epic had kept "Fortnite" out of Google's Play Store for more than 18 months before caving in April. Before then, Android users could only download the game through the Epic Games app, but the company reversed course begrudgingly, claiming Google put third-party app stores at a "disadvantage" and accused it of using measures like "scary, repetitive security pop-ups" to warn users about third-party software. Epic took aim at some of those same practices in its lawsuit Thursday, citing: Google's requirement that phone manufacturers pre-install other Google services like Gmail, Google search, Google Maps, and YouTube; that Google "interferes" with their ability to provide third-party app stores on phones; and that it subjects users to "a dozen steps" and "multiple dire warnings" about possible security issues with third-party software. "These restrictions effectively foreclose competing app stores—and even single apps—from what could be a primarydistribution channel," Epic alleged. "The open Android ecosystem lets developers distribute apps through multiple app stores," Google's spokesperson told Business Insider. "For game developers who choose to use the Play Store, we have consistent policies that are fair to developers and keep the store safe for users." Epic also claimed that Google tried to avoid public scrutiny of its policies by "offering it preferential terms on side deals," which Epic turned down. The company's lawsuits against Google and Apple come as lawmakers and regulators growing increasingly concerned about anticompetitive behavior by tech giants and digital marketplaces. Last month, Sundar Pichai, CEO of Google parent company Alphabet, Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg, and Amazon CEO Jeff Bezos faced a grilling from lawmakers during a congressional antitrust hearing.Join the conversation about this story » NOW WATCH: July 15 is Tax Day — here's what it's like to do your own taxes for the very first time
Facebook experienced a drilling accident in late April off the Oregon coast that left tools, equipment, and 6,500 gallons of drilling fluid beneath the seafloor, according to a report from Oregon Live. The company reportedly has no plans to retrieve the equipment, but the Oregon Department of State Lands has given Facebook 180 days to remove it before it potentially issues fines or legal action. Residents have been skeptical of Facebook's fiber-optic cable project from the get-go, but the ground still broke on the endeavor in January.  Visit Business Insider's homepage for more stories. Facebook reportedly intends to leave drilling equipment and thousands of gallons of drilling fluid buried beneath the seafloor off the coast of Oregon, per a report from Oregon Live's Kale Williams. Facebook paid almost $500,000 for an Oregon beachfront lot to serve as the eastern end of an 8,500-mile fiber-optic cable. Edge Cable Holdings, a subsidiary of Facebook, was put in charge of the project and began in January, according to the outlet. But on April 28, an accident caused the drill pipe to break off 50 feet below the seabed. According to the report, 1,100 feet of drill pipe, a drill tip, other equipment, and 6,500 gallons of drilling fluid remain under the seafloor off the coast of Oregon, a fact that a Facebook spokesperson confirmed to Oregon Live. According to the report, Edge Cable intends to drill a new hole in early 2021 to continue with the project and plans to leave the lost tools where they are. Williams wrote on Twitter that the drilling fluid mainly comprises the clay-like bentonite, a substance that officials told him they believe is "environmentally neutral" and has not spilled yet. However, a more detailed assessment needs to be conducted for officials to know the extent of the potential damage. Now, the Department of State Lands is giving Facebook 30 days to negotiate an agreement with the state on how to address the abandoned drilling equipment. Facebook also has a 180-day deadline to "remove the abandoned pipe, equipment, tools and drilling mud in consultation with the (state) and without causing damage to the environment." Facebook may also have to apply for a new permit so the abandoned equipment can continue being "stored" where it is. If the company doesn't meet the deadlines, Facebook could be hit with fines or legal action. Cameron La Follette, Oregon Coast Alliance executive director, told Oregon Live that the accident is in part due to "corporate incompetence," but Oregon also has relaxed regulations on companies laying down fiber-optic cables. Residents have also long been wary of Facebook's involvement in the area, according to the report, and the accident has confirmed their concerns. "They are not saying, 'We're sorry.' There is no accountability," nearby resident Lynnae Rutledge told the outlet. A Facebook spokesperson told Oregon Live that an environmental assessment performed by the company showed there "is no negative environmental or public health impact from the drill head remaining at the site." Oregon Rep. David Gomberg was initially on board with Facebook's project in the area but has since concluded that the residents were correct to be hesitant, per the report. "Facebook has been an unfriendly neighbor," Gomberg told Williams. "These folks now have to be worried about what washes up on their beach for generations." Read the full report on Oregon Live here.SEE ALSO: Facebook publicly tears itself apart over Mark Zuckerberg's decision to keep up Trump's posts about the George Floyd protests Join the conversation about this story » NOW WATCH: What makes 'Parasite' so shocking is the twist that happens in a 10-minute sequence
The Netflix version is not want they "envisioned or intended."
Hi! Welcome to the Insider Advertising daily for August 14. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected] Reminder: Today is the last day to submit nominations for our annual list of top marketing-tech leaders. Please submit your nominations here. Today's news: MSL vows to close the influencer pay gap, Hulu's advertising blitz to promote live TV, and Quibi's new marketing push. Public relations giant MSL lays out a plan to close the influencer pay gap, including adding 10,000 BIPOC influencers to its platform Publicis-owned PR giant MSL announced a plan to address diversity, opportunity, equity, and education problems between white and BIPOC influencers, Sean Czarnecki reported. The firm said that it plans to add more BIPOC influencers to its influencer platform, sponsor BIPOC influencers to attend a six-week class called The Influencer League, improve its search results to promote diverse talent, and work with the Influencer League on a study examining the pay gap between BIPOC and white influencers. The changes stem from influencers of color speaking out about not being paid fairly. In some cases, BIPOC influencers feel like they're being taken advantage of when they accept a free product instead of being paid, said D'Anthony Jackson, senior account executive for the digital and influencer strategy team at MSL. Read the full story here. Hulu is launching a big advertising blitz to grow subscribers for its crucial push into live TV Hulu is betting big on the return of live sports with a new ad campaign that promotes its live TV service and stars athletes like the NBA's Damian Lillard, MLB's Aaron Judge, and WNBA's Skylar Diggins, Tanya Dua reported. As sports games come back, the campaign is part of a bigger push for Hulu to increase lucrative subscribers for its live TV service, a crucial type of subscribers in helping Hulu compete against TV-streaming companies like YouTube and Sling. Ryan Crosby, VP of marketing at Hulu, said that Hulu and Live TV subscribers have doubled, with a 139% year-over-year growth in the number of hours watched when it came to the NFL since the company started promoting the service with athletes last year. Read the full story here. Quibi has ramped up its TV and digital marketing efforts in the last few months as it's rolled out a second wave of originals, new data shows New data shows that short-form video app Quibi ramped up ad spend in June as it readied its second wave of programming, Ashley Rodriguez reported. Between June 1 and August 10, Quibi uploaded 92 YouTube videos, averaging 1.39 per day, according to data from Tubular Labs. To compare, the company uploaded 51 videos between April 1 through the end of May, equivalent to an average of 0.84 videos per day. From July 1 to August 5, Quibi aired TV ads worth an estimated $10 million, and generated 469 million impressions, according to  Read the full story here. More stories we're reading: Apple just removed 'Fortnite' from the App Store and the company behind the game fired back with a scathing video that roasts the iPhone-maker's most iconic ad (Business Insider) Inside UTA's venture arm that helps build consumer businesses like Emma Chamberlain's coffee brand for its influencer and celeb clients (Business Insider) The 24 power players using TikTok to transform the music industry, from marketers and record execs to artists (Business Insider) Facebook and Instagram launch virtual voting center to promote accurate voting information ahead of 2020 election (Business Insider) Trump campaign spending big on late-night TV (Bloomberg) The second wave of agency staff cost cuts is starting to build — but it might not crash as hard as the spring swell (Digiday) Thanks for reading and see you on Monday! You can reach me in the meantime at [email protected] and subscribe to this daily email here. — LaurenJoin the conversation about this story » NOW WATCH: What makes 'Parasite' so shocking is the twist that happens in a 10-minute sequence
  UFC 252 will stream live through ESPN+ on August 15.  The prelims start at 7 p.m. ET, and the main card is set to begin at 10 p.m. ET. UFC legend Daniel Cormier will face heavyweight champion Stipe Miocic for the third time — Miocic claimed the championship when he knocked out Cormier at UFC 241 last year. Cormier said he plans to retire after UFC 252, regardless of whether or not he wins the heavyweight championship. You'll need an ESPN+ subscription to watch UFC 252 in full — the main card is a $64.99 pay-per-view event, plus the price of your subscription. UFC heavyweight titans Stipe Miocic and Daniel Cormier will face off in their third championship match during the main event of UFC 252, streaming live from the UFC Apex in Las Vegas on August 15. Cormier knocked out Miocic in the first round of their first meeting to claim the heavyweight title at UFC 226 in 2018, but Miocic returned the favor with a fourth round knockout to reclaim the title at UFC 241 in August 2019. The grizzly fight left Miocic's eye in need of surgery after the match, keeping him out of the octagon for a full year. Cormier, now 41-years-old, has said the UFC 252 main event against Miocic will be the last fight of his career. The UFC legend enters UFC 252 with a career record of 22-2 in the light heavyweight and heavyweight divisions, with his only losses coming to Miocic and Jon Jones. Cormier has spent lots of time in the commentary booth for several UFC events through the past year and will likely return to that role after UFC 252. UFC fan favorite Sean O'Malley will fight Marlon Vera in a co-main event match. The fight was originally scheduled for UFC 239 but O'Malley was suspended for six months by the USADA in 2018 after two positive tests for a banned substance. After serving the suspension, O'Malley has scored knockouts and performance of the night honors in both of his fights. Vera lost his last fight against Song Yadong in a five round decision. UFC 252 will begin with early prelims at 7 p.m. ET, while the main card is scheduled to start at 10 p.m. ET. The main event will be available on the ESPN+ streaming service, but will require an additional pay-per-view fee of $64.99 along with the cost of an ESPN+ subscription. Fans will not be in attendance for UFC 252 or any of the other events due to the coronavirus pandemic. UFC has implemented at least 18 different safety precautions for staff, including advanced medical screenings, temperature checks, and social distancing guidelines. Here's the match schedule for UFC 252: Miocic vs. Cormier Early Prelims — 7 p.m. ET, 4 p.m. PT only on UFC Fight Pass Kai Kamaka versus Tony Kelley Chris Daukaus versus Parker Porter [Heavyweight] Prelims — 8 p.m. ET, 5 p.m. PT on ESPN+ and ESPN Ashley Yoder versus Livinha Souza [Women's Strawweight] TJ Brown versus Danny Chavez [Featherweight] Felice Herrig versus Virna Jandiroba [Women's Strawweight] Jim Miller versus Vinc Pichel [Lightweight] Main Card  — 10 p.m. ET, 7 p.m. PT only on ESPN+ for $64.99 Herbert Burns versus Daniel Pineda [Featherweight] John Dodson versus Merab Dvalishvili [Bantamweight] Junior Dos Santos versus Jairzinho Rozenstruik [Heavyweight] Sean O'Malley versus Marlon Vera [Bantamweight] Stipe Miocic versus Daniel Cormier [Heavyweight Title Match] How to watch UFC 252 UFC 252 is separated into three portions: the early prelims, the prelims, and the main card. The early prelims are only available to UFC Fight Pass subscribers, while the prelims will air on ESPN+ and the ESPN cable channel. The main card, meanwhile, is an ESPN+ exclusive pay-per-view event. This means that you have to subscribe to the ESPN+ sports-streaming service before you're able to purchase the PPV fight. An ESPN+ membership costs $5.99 per month or $49.99 per year. The UFC 252 PPV event costs $64.99 for ESPN+ subscribers. You can access the ESPN+ app on all major mobile and connected TV devices, including Amazon Fire, Apple, Android, Chromecast, PS4, Xbox One, Roku, Samsung Smart TVs, and more. Ways to save on the UFC 252 pay-per-view price If you plan on signing up for ESPN+ to watch UFC 252, you can take advantage of a special discounted package. New subscribers can purchase a year-long ESPN+ membership with access to UFC 252 included for a total of $84.98. That's over 25% off the standard price. Following your first year of service, ESPN+ will then renew for the regular annual price of $49.99. Bundle the next UFC PPV with an ESPN+ Annual Plan to save over 25%    Join the conversation about this story »
Chicago-based CloudCraze is a B2B digital commerce platform built on Salesforce’s platform.It aims to transform the way businesses buy and sell products and services to each other by making experiences digital, personalized, and consumer-like — anytime, anywhere, on any device, with or without a salesperson participating in the process.CloudCraze and Salesforce, Better Together?Technology analyst firm Gartner named CloudCraze a “visionary” in Digital Commerce in its Magic Quadrant report, April 2017.The report spotlights CloudCraze’s “depth of B2B functionality,” its “single view of a `customer via native Salesforce integration,” and the speed at which buyers can go from contract to a live site.In the same report, Salesforce’s Commerce Cloud was noted for its “limited B2B capability,” specifically in areas like supporting “complex product and organizational hierarchies, role-based purchasing, contract, and purchase-order-based purchasing and workflows.”Gartner recommended that “companies with robust B2B requirements should evaluate other (non-Salesforce) commerce platforms with broader functionality” and that “Salesforce customers evaluate the solutions available on”Why CloudCraze?Why Now?For years, Salesforce has been extending the boundaries of what CRM is.From its inception, the vendor has been talking about Salesforce automation; since then, it has expanded into customer service, marketing, analytics, and even e-commerce.But even with all of the organic and inorganic growth, there were still holes in this larger CRM canvas, namely B2B e-commerce.You’ll notice we added the caveat of B2B in front of e-commerce.That is because of the fundamentally different space than the B2C space, which Commerce Cloud (formerly Demandware) occupies; to start, there are customer-specific catalogs and pricing, a wide array of relationships on the both buy and sell sides, and you’re operating across a multitude of complicated and sometimes conflicting channels.Benefits of the CloudCraze Acquisition:1) It’s a software category with a better future.Global business-to-business e-commerce sales are anticipated to exceed $6.6 trillion by 2020, surpassing B2C, which will be valued at $3.2 trillion.This obtainment allows Salesforce to tap into this growing market.2) Now companies can purchase the full CRM portfolio from a single vendor.This move increases the strategic role of Salesforce within companies that rely on technology vendors to help shape their vision and offerings for different customer experiences.3) Salesforce lets you stay close to your customers.By far, this is the most important part.Salesforce brands itself as a “customer company.”With CloudCraze, Salesforce customers can start tracking all interactions and transactions with their B2B customers.This increases the knowledge and experience of individual customer buying behaviors, which can be used for better targeting and much more effective long-term personal engagement.On-target personal interactions that integrate value to the customer ultimately translate to customer retention, increased lifetime value, and advocacy — which all have an impact on top-line revenue.What CloudCraze brings to SalesforceCloudCraze caters to businesses with discount structures and complex prize books, from manufacturing in the industry to chemical distribution.How these businesses split their inventory, the order volume they handle, the way they give a price to specific customer contracts, or their support for subscription payments or different types of payments — all of this is beyond the scope of a retail commerce platform.Similarly, CloudCraze wasn’t engineered for the highly merchandized, highly promotional product sets that Demandware exceeds at.Bringing those consumer-world approaches into B2B e-commerce will help companies reduce their costs, find new customers, or bring new products to market.It’s early in the game, but these B2B companies are positioning B2C tactics where they make sense and are seeing big returns.Equally important is integration to the rest of the Salesforce portfolio.Digital commerce can extend the self-service functionality of a Service Cloud, for example.There’s also a natural fit with the configure-price-quote (CPQ) capabilities of the Salesforce Quote-to-Cash product, which CloudCraze started using even before its acquisition by Salesforce in late 2015.This will continue to be a big focus now that CloudCraze is part of Salesforce, Grady confirms.If you look at the bigger product conversations happening in Salesforce today, we’re probably spending as much time talking about CPQ and commerce B2B, as about B2B and B2C commerce together.Source: CloudCraze Commerce on Salesforce
CES 2021 will be an "all digital" event, given the ongoing coronavirus pandemic – but we still expect the biggest names in tech to have something in store.
Image: Google Election Day in the US — November 3rd — is almost here. Now, if you type “how to vote” or “how to register to vote” into Google’s search box, it will automatically detect which state you live in and give you voting dates, ways to register to vote online, and more. If you go to Google’s search engine or the Chrome web browser to search for specific voting information, you’ll now get some very specific results: Google search provides detailed answers to questions you may have about registering or voting in your state. If you search “how to vote,” the first thing that appears on the webpage — below all of the ads, anyhow — is no longer the top search result for that phrase. Instead, you’ll see specific information on... Continue reading…
Google your favorite team or show -- or just ask Google what to watch -- and you'll be treated to airtimes, recommendations and full listings by channel.
Apple just yanked the "Fortnite" app from its store after Epic Games added an in-game direct payment option for players. The new option would mean that Epic Games could skirt Apple's standard 30% commission that it says it charges all developers in the App Store for in-app purchases. Developers have long aired their frustration with the company, claiming the 30% fee gives Apple and its own services an unfair advantage in the market. The "Fortnite" app removal comes as Congress continues to investigate Apple over whether or not the company benefits from anticompetitive business practices. Visit Business Insider's homepage for more stories. Apple just pulled "Fortnite," the wildly popular video game, from its App Store after the game's parent company Epic Games added a new direct payment option, which allows players to make in-game purchases. The new payment method means that Epic Games could skirt the 30% commission fee that Apple says it charges all developers in its App Store, and Apple said it removed the "Fortnite" app because the direct payment system violates company policies. Now, Epic Games has filed an injunction against Apple, accusing it of engaging in anticompetitive behavior. Developers have long taken issue with Apple's commission fee, saying the high cut gives the company and its own services an unfair advantage in the market. For example, a new email app called Hey said Apple was coercing it to reclassify its $99 annual subscription fee as an in-app purchase in mid-June. Doing so would allow Apple to take a cut from those profits. Apple's 30% App Store commission was expected to be the hot point of contention between lawmakers and CEO Tim Cook during a late July congressional antitrust hearing. One of the Representatives, Hank Johnson, said during the hearing that Apple's position as the operator of the App Store gives the company "immense power over small businesses." Lawmakers also questioned Cook over whether the company applies the same policies to all developers. "We treat every developer the same," Cook said during the hearing. He also likened app store competition to "a street fight for market share" when asked what is preventing Apple from raising its fees.   App makers later told Business Insider's Lisa Eadicicco that they disagree with that assessment, including Justin Payeur, president and cofounder of National Education Technologies, which makes a parental control app called Boomerang. Payeur said Apple's App Store is not the "vibrant, competitive environment" that the company makes it out to be. "We've all been, for lack of a better term, neutered by what Apple did," Payeur told Eadicicco.SEE ALSO: 'We've all been neutered by what Apple did:' App makers are rallying against Apple's claims that it creates a level playing field for everyone Join the conversation about this story » NOW WATCH: Here's what it's like to travel during the coronavirus outbreak
The Xbox One has evolved over the years, but so have its problems. Thankfully, we have solutions for them.
An increasing number of wealthy tech execs, like Facebook alum Dave Morin and Gumroad CEO Sahil Lavingia, are starting so-called "rolling funds," a new type of venture fund pioneered by AngelList that allows investors to "subscribe" on a quarterly basis. Some are attracted to the user-friendliness of the model's style and ability to publicly solicit investors, which might otherwise be illegal. Others see it as way to increase accountability for venture capital partners, who often make money on management fees whether the startups they fund succeed or not.  By having to please investors on a quarter-by-quarter basis so they continue to contribute, rolling funds puts more pressure on fund operators. Still others see rolling funds as a way to bring more diversity into the notorious homogeneity of Silicon Valley. Visit Business Insider's homepage for more stories. More and more wealthy tech execs in Silicon Valley are starting or participating in so called "rolling funds." That's a new type of fund introduced by AngelList that allows investors to subscribe on a quarterly basis, with the option to cancel and not contribute any more to it if they're dissatisfied.  News leaked in July that early Facebook employee Dave Morin was starting a rolling fund called Offline Ventures. Gumroad CEO Sahil Lavingia announced in August he was starting a rolling fund while keeping his day job. And Ryan Hoover of Product Hunt told Business Insider he was "looking seriously" at starting a rolling fund next year. They're joined by a small flood of tech figures starting their own rolling funds, including venture capitalist Cindy Bi, ex-Runkeeper CEO Jason Jacobs, and venture capitalist Tyler Tringas, among others. Why tech figures are attracted to these funds varies, but a common thread running through their motivations is a desire to bypass traditional venture capital. Easy to use, open to more investors The user-friendliness of AngelList's platform drew Lavingia to the rolling fund model. "Visit a page, enter subscription amount, verify identity and setup funding source," Lavingia told Business Insider, describing the process of signing up as a new fund investor, known as limited partners (LPs). "That's it! Self-serve." AngelList handles the regulatory busywork for a fee for the funds that use it, but there are other rolling funds operating independently of AngelList willing to take on that burden themselves. For instance, Tringas said his Earnest Capital rolling fund is independent. The cost of investing in a rolling fund can be set low, opening up the fund to a broader pool of investors. For instance, Lavingia set his minimum to join the fund at $6,250 a quarter and he raised $5 million in about a month. It helped that he was able to take the unusual step of advertising his fund to his sizable Twitter following, something that might otherwise be illegal under SEC rules. That's because rolling funds operate under SEC Rule 506(c). Lavingia can publicize his fund provided he only takes on "accredited investors" which are people or business entities with high enough incomes or net worth that they won't endure serious financial damage if their rolling-fund investment doesn't work out. "It's very much crowdfunding for techies with capital," a fund manager who had explored starting a rolling fund told Business Insider. Better accountability Another person involved in a prominent rolling fund said their past as a partner at a major VC firm left them with the belief that partners often collect fees and become rich regardless of their performance. "I find it hard to believe that you can be connected to the entrepreneurial heartbeat collecting that many fees," this person told Business Insider, requesting anonymity to avoid drawing attention to their fund. "I personally feel that the closer you are to what it feels like to be an entrepreneur, the more hungry you are and the better you are." The risk, though, is that the rolling fund manager may be forced into perpetually raising funds.  "The argument you would make against this is that there's potentially more work for us if we can't establish a consistent long-term LP base," the former VC partner said. And rolling fund managers may not know exactly how much capital they will have to invest as they scout out startups to back. "Also you could argue that it creates more short-term thinking by our LPs, who are looking not at a 10 year horizon ... they're thinking about a much shorter-term horizon," this person said. Most traditional VC funds operate on a 10-year cycle where they raise a fund then find startups to invest in and the LPs don't expect their returns until the end. But the added pressure to perform is part of the appeal for both the LP investor and the rolling fund manager. "You as an LP can cancel any quarter," the former VC partner said, meaning the LP doesn't have to continue paying in every quarter. "So it actually forces us to work harder. To communicate with our LPs, prove our track record."  More possibilities for diversity To Kate Brodock and Allyson Kapin, founders of the The W Fund, a rolling fund that specifically looks to backs female founders and other underrepresented people in tech, the traditional VC model is well past due for an overhaul. "The next Mark Zuckerberg is not going to be a white man," Brodock told Business Insider. "It's going to be a Black founder or a Latinx founder." The VC world is known for the difficulties woman and people of color have when raising funds or becoming VC general partners [GPs]. A 2019 study found that just 1% of venture-capital-backed companies between 2014 and 2019 were founded by Black people, and another study from All Raise found that only 12% of U.S. venture firms and angel groups had women in "decision-making roles at the investment level" as of August 2019. The speedy nature of rolling funds appealed to Brodock and Kapin because it allowed them to leapfrog past a protracted fundraising period— and quickly provide evidence against the extra scrutiny they expected to face as women. "Because we can close every single quarter, we can be making investments while we continue to fundraise," Kapin said."We can turn around and show those investments, both to our LPs and to potential LPs."  Lavingia echoed those sentiments to Business Insider, saying he hoped rolling funds could lead to "More diverse LPs, more diverse GPs and more diverse founders eventually as well." Read more: A Silicon Valley challenger to the NYSE and Nasdaq is test-driving its alternative stock exchange, but companies may not list there until 2021 Silicon Valley leaders say VCs that are now flocking to safer late-stage investments rather than early startups could shrink their future pipeline of growth companies to back SEE ALSO: Why this startup CEO decided to keep his day job but become a VC by launching one of the first rolling funds created with AngelList's new platform Join the conversation about this story » NOW WATCH: Here's what it's like to travel during the coronavirus outbreak
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