Entrepreneurs Bible

Cool blog archive from Marc Andreessen

THE PMARCA GUIDE TO STARTUPS

THE LONG KISS GOODBYE

Before he stopped posting, Marc tantalized readers with a “Coming Soon” list (reprinted below). I was particularly excited about the Guide to High-Tech Startups. Maybe someday. All we can do is hope.

Top 10 books for high-tech entrepreneurs

Top 10 ways to do personal outsourcing

Software — the velvet revolution and the multicore conundrum

How to trick out a Typepad blog in 2007

Killer Windows Media Center apps for 2007

The truth about reporters: a multi-part series

The Pmarca Guide to High-Tech Startups: a multi-part series

Why Internet advertising is about to get humongous

Impressive Lyft!

It’s perhaps a good day to say that there are some things in the world that sometimes just Lyft off and defy gravity, for no good nor sound reason at all!

Lyft, the winner in the ridehailing race to the public markets, has debuted on the NASDAQ in the year’s biggest listing so far.  The company has priced its shares at $72 apiece, valuing its IPO at roughly $20.6 billion—a significant jump from the $15.1 billion valuation it reached in its latest funding round last year.

The company’s latest S-1 filing notes that Lyft’s co-founders, Logan Green and John Zimmer, will hold all of the company’s class B shares, which carry 20x the regular voting power. With nearly 49% of Lyft’s voting shares between the two, Green and Zimmer could reportedly hold respective stakes in the company worth $569 million and $393 million with a top-end pricing.

Junk Food VC

Funny enough, we looked at Dynamic Yield in the past and now it was swallowed by McDonald’s… 

junk food VC

SUPERSIZE ME: McDonald’s will spend more than $300 million to buy Dynamic Yield, an Israel-based decision-logic company. McDonald’s plans to use the new technology so that its restaurants can personalize their drive-thru menu boards appropriately. For instance, the menu would display certain items depending on factors such as the weather…

More coffee on cold days and McFlurries on hot days.

Dynamic Yield has raised more than $83 million in venture funding from investors including Bessemer Venture Partners, Viola Growth, Naver Corporation, Vertex Ventures, and Innovation Endeavors. According to the deal terms, Dynamic Yield will continue to operate as a standalone company.
This is McDonald’s largest acquisition in 20 years, and it’s the latest in a series of deliberate technology-focused moves for the company. In January, the fast-food chain announced a new “growth plan” that emphasized convenience and personalization through digital efforts like its mobile app and kiosks that allow customers to skip the front counter entirely.
“With this acquisition, we’re expanding both our ability to increase the role technology and data will play in our future and the speed with which we’ll be able to implement our vision of creating more personalised experiences for our customers,” McDonald’s CEO Steve Easterbrook said in a statement.

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