Codecademy managed to win the holiday news cycle last year with its Code Year pledge that even got Mayor Bloomberg to learn to code in 2012–or at least tweet his New Year’s resolution. It was hard to miss the headlines crowing about coding as the lingua franca of the 21st century. But despite the best intentions, some of us fell off the wagon, hard. Read More
The Principal of New York
Before Mayor Bloomberg signed up for Codecademy, before General Assembly signed its first lease in the Flatiron—even before Peter Thiel started paying kids to skip school—Skillshare founder and CEO Mike Karnjanaprakorn was trying convince New York investors to finance his peer-to-peer learning startup. He billed the company as the Etsy of education, since it set up a market for anyone to teach—and learn—practical skills through an affordable hands-on class, starting at $25 a night. (The hybrid online classes that Skillshare launched this August, with Livestream office hours, start at just $20 a night.) Read More
Is it a second act for SecondMarket? That might be overstating the case, but the private market’s third-quarter report revealed that a growing portion of the sellers on its platform are current employees putting up shares in their own startups.
“More and more companies are using SecondMarket as an incentive tool,” Aishwarya Iyer, public affairs manager for SecondMarket, told Betabeat. “We have CEOs who are telling their employees, ‘We’re doing this for you.’”
Seventy-six percent of the sellers in the private stock market were current employees, up from 60 percent in the second quarter, SecondMarket said in a release, and a dramatic reversal from previous years: former employees made up 90 percent of sellers in 2010 and 2011. Read More
With UPenn making moves on the title of “Stanford of the East” and Eric Schmidt advising Cornell on the evolution of its new tech campus, NYU doesn’t want its students left behind in the college tech revolution. Hence the school’s new partnership with Codeacademy. Students in the Steinhardt School’s Department of Media, Culture, and Communication (MCC) can now opt in to a ten-week course where NYU professors and Codecademy instructors will teach them how to code. Read More
Opening Ceremony There hasn’t been much fashion fun in tech since last year’s Raise Cache fashion show, but now Opening Ceremony has partnered with Gin Lane Media to create an interactive iPad application as a companion piece to Opening Ceremony’s new annual print magazine. Here’s a video of what this thing looks like (très chic!) and if you’re iPad-less, then you’re free to try it out in all of Opening Ceremony’s stores. Note: Chloë Sevigny still not available for download.
Back to School It’s September, which means the kids all over the country are hitting the books once more. Despite the gnashing of teeth over the importance of STEM education, however, many students are returning to schools with shaky or nonexistent computer science programs. That’s where Codecademy comes in. The company recently debuted After School Programming, a package allowing schools to, at the very least, get an extracurricular club up and running. Read More
Talk to a startup recruiter about hiring young developers, and he’ll eventually admit it’s hard to compete in the campus cattle call, with Goldman and Google sucking up all the air.
But rather than rely on incendiary exit letters or Aaron Sorkin scripts to convince engineering talent to come over to to the startup side, a number of smaller companies are banding together to flex their collective recruiting power. Read More
Some may tsk-tsk the “learn to code” meme, but that hasn’t deterred New York-based Codecademy from sticking to its vision of teaching all of us to code. Today, cofounder Zach Sims announced on the company blog that the startup has raised $10M in series B funding from VC firms Kleiner Perkins, Index Ventures and Union Square Ventures, as well as angel investors Yuri Milner and Richard Branson. Read More
There are only two rules for the “idea dinners” held by New York early-stage investment firm ff Venture Capital. No side conversations and a strict 8 p.m. end time. Every month, the company invites financiers, founders and other “influencers” to its Midtown headquarters for a catered get-together. The meal is served in a glass-walled conference room, situated just past the rows of adjustable standing desks, where it’s not unusual to see startup employees cranking out code well past dessert.
The climate for Internet startups is heating up. Startups are closing rounds faster, getting popular more quickly, scoring higher valuations and getting acquired with increasing greediness. As local luminary and angel investor Chris Dixon notes, the preponderance of hockey stick growth among the top tier of startups is creating a heavy set of expectations that weighs upon the littler startups. These A-list startups are like the impossibly pretty cheerleaders or the improbably studly jocks who discourage the rest of the high school with their sheer existence. They’re the “it” startups, and they can do no wrong. In other words: they’re hot. Read More