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A16Z interview, 5G, Peloton, handling Big Tech issues, and offering better benefits – TechCrunch

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Unraveling the “Secrets of Sand Hill Road” and the VC thought process, with Andreessen Horowitz’s Scott Kupor

Our Silicon Valley editor Connie Loizos hosted an Extra Crunch live conference call with Andreessen Horowitz GP Scott Kupor, who manages all ops for the firm and was formerly head of the National Venture Capital Association. He just published a new book entitled “Secrets of Sand Hill Road” which is a guide to the venture capital industry and how to attract the attention of VCs to your startup.

This was our most popular conference call so far, and it was great to see so many people coming out to chat with Scott. In case you missed it, we have published the full transcript for Extra Crunch members.

Connie: Talking about demystifying venture capital, you’ve been with Andreessen Horowitz for roughly 10 years, pretty much from the outset of the firm. Can you tell us, beyond a warm introduction, what does it take to get a meeting at Andreessen Horowitz? What do you start looking for on paper?

Scott: What we’re really looking for is a couple of things. First, we always think about market initially, because we know that we’re going to be wrong a lot of times and the way we have to invest is we have to believe at the time we make the investment that the market size is big enough to be able to support a standalone, hopefully, public company at some point in time.

So, that’s always the threshold question we’re trying to ask — is the opportunity that they’re going after is as big as it possibly can be? And then, most of the analysis, particularly the early stage, tends to be based on team, because, we don’t really have the benefit of the product yet.

We definitely don’t even know, quite frankly, how the markets going to evolve. And so, the real question is what is it about this team or set of individuals that makes them uniquely qualified to go after this opportunity? What do they know?

We use this term internally, called an “earned secret”, which is what have you learned that other people might not know that’s going to really enable you to go build something that we know is going to be tough and competitive, and a long slog? And, a lot of the evaluation really starts there.

This year’s Computex was a wild ride with dueling chip releases, new laptops and 467 startups

Our Taipei-based correspondent Catherine Shu attended the local Computex conference, which has long been a major hub in the semiconductor, next-generation silicon, AI and 5G circuits. She wrote up her observations of what’s on the cutting edge of these fields, and what the opportunities for startups are in these hot spaces.

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A Capable, Complicated Answer To Going Electric

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Regular Sorento ownership starts at $30,090 (plus $1,325 destination), with Kia’s 2.5-liter four-cylinder gas engine. Step up to the Sorento Hybrid, however, and Kia adds electrification and takes away engine capacity. Priced from $36,690 (plus destination), there’s a 1.6-liter turbocharged four-cylinder gas engine that — with the assistance of an electric motor — nudges up power while also improving fuel economy.

In fact, you get 227 horsepower and 258 lb-ft of torque, reasonable if not excessive, compared to the non-hybrid’s 191 horsepower and 182 lb-ft of torque. Rather than the continuously variable transmission we’re used to seeing in mild hybrids, Kia instead relies on a six-speed automatic. The non-hybrid Sorento gets two more gears in its auto.

With both engines, front-wheel drive is standard on the lower trims and all-wheel drive is an option. Kia’s system has a center-locking differential, too, though it’s hard to imagine Sorento owners venturing too far off-road with their SUVs. It’s a $2,300 upgrade on the Sorento Hybrid EX and standard on the Sorento Hybrid SX Prestige (from $42,490 plus destination).

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Google Pixel 8 Pro Gets A Serious Upgrade: Here’s What’s New

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The front camera doesn’t change from the previous model, and clicks selfies at 10.5MP with a 95-degrees-wide field of view. Unlike the rear cameras, aperture values also remain the same on the front camera. But even with the same underlying hardware, the Pixel 8 Pro can now click sharper selfies thanks to the valuable addition of autofocus.

Speaking of other improvements, the Pixel 8 Pro gets better video recording capabilities with improved HDR+ recording, powered by what Google calls “Video Boost.” The Pixel 8 Pro is also the first to extend Night Sight to videos. In addition, the Tensor G3 chip has been reported to bring support for AV1 encoding at resolutions up to 4K at 60fps. 

That means the Pixel 8 Pro will be more efficient at compressing raw video footage to web-compliant formats without much loss in quality. Further, the Audio Magic Eraser will eliminate distracting background noise and unwanted sounds from the audio.

Besides video, the Pixel 8 Pro also gets a horde of software features for photography. First, as previewed at Google I/O 2023, Magic Eraser is expanding new AI-based editing features that can create and fill portions of an image, and this tool is now called “Magic Editor.” Secondly, “Best Take” will help you fix or replace any unpleasant parts of a photo, ensuring you always have the best possible pictures.

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These Are The Cheapest Places In America To Buy A Car

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Before we list the cheapest cities across the U.S. to buy used cars, it is important to know that the national average price for a used car stands at $34,227. However, if you happen to shop in Cleveland-Akron (Canton), the average price of used cars sold in the area is $2,769 lower than the national average, with the typical used car costing just $31,458.

Buyers in Cincinnati, Ohio, come in at a close second with an average used car priced at $31,622. There isn’t much difference between the rest of the cities in the top 10, with Norfolk-Portsmouth-Newport News, Va., coming in at as the third least expensive city with an average used car costing $31,901 there.

The rest of the list includes cities like Fresno-Visalia, Calif. ($31,912), Orlando-Daytona Beach, Fla. ($31,971), Detroit, Mich. ($31,990), Columbus, Ohio ($32,177), Pittsburgh, Pa. ($32,286), Indianapolis, Ind. ($32,418), and Oklahoma City, Okla., ($32,443).

There are a few reasons why these cities are cheaper places to buy a used car. One is that the cost of living in these cities is generally lower than in other parts of the country. Another reason is that these cities have a lot of competition among used car dealerships. This competition drives down prices and gives buyers more bargaining power. Finally, these cities are all located in the Midwest and Northeast, which are two regions of the country that are known for having more used cars on the market. Having a larger selection of used cars to choose from means you are more likely to find a good deal.

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