The Real TechStars of New York

How to Ruin Your Wildly Successful TechStars Demo: Fudge Facts on Stage

Mr. Gaal

You know what they say about karma, so don’t make us repeat it. It looks like good intentions backfired with Karma, a 4G hotspot provider initially founded in Amsterdam that presented this morning at TechStars Demo Day.

In press materials for the spring class, Karma’s one-line descriptor was: “Simple, honest 4G provider,” a sentiment repeated throughout its introductory blog post. But shortly after Demo Day ended, Travis Kalanick, the CEO of request-a-ride car app Uber, tweeted that Karma’s CEO Robert Gaal had not been honest in mentioning a partnership with Uber during the company’s pitch in front of crowd of more than 700 at Webster Hall. Read More

Carrier Wars

Speed Test: AT&T 3G Outruns Verizon, But Verizon 4G Murders

phone internet lady

Verizon’s LTE has the power to amaze; see Chris Dixon’s video of employees at the Hunch office browsing around–“faster than high speed wired broadband,” he wrote. Hat tip to PC Mag for putting some context to the meaningless buzzwords “3G” and “4G” with their ranking of the fastest mobile networks in the country, and confirming what we already knew about AT&T. Read More