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International growth, primarily in China, fuels the VC market today – TechCrunch

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The venture capital business model has gone global. VC is still an exclusive club of financiers, but now with worldwide scope and scale.

According to Crunchbase projections Crunchbase News reported in Q3 2018, worldwide VC deal and dollar volume each set new all-time records. In the U.S. and Canada, deal volume declined slightly from Q2 highs but growing deal sizes pushed total dollar volume to new heights.

Much of this global growth comes from markets outside the U.S. and Canada. A recent collaborative study between Startup Revolution and the Center for American Entrepreneurship indicates that Beijing, China was the city that contributed most to global growth in venture capital investment growth.

Here’s the geographic breakdown of projected deal volume over time. Note a somewhat choppy growth pattern in U.S. and Canadian deal volume, and compare that to a more consistent growth pattern in international deal volume. (For more about how and why Crunchbase makes these projections, check out the Methodology section at the end of the global report.)

In rapidly growing startup markets like China, venture deal volume is also at all-time highs, though venture dollar volume is down slightly.1 For the Asia-Pacific region as a whole, venture deal volume is up roughly 85 percent from the same time last year. Reported deal volume in China is up more than fourfold during the same period of time.

The rise of China’s venture market may be best seen from a city-level perspective. Below is a chart displaying the 10 most active startup cities in Q3, ranked by count of venture deals for each city as reported at the end of Q3. (The Methodology section of the global report also explains what “reported” data is and how it’s used.)

Of the top 10 cities displayed above, only three countries are represented. If it weren’t for the rest of Silicon Valley bolstering the Bay Area’s numbers, Beijing would beat out San Francisco in raw deal counts. (But, then again, Beijing is home to three times as many people as the entire Bay Area.)

Using deal and dollar volume as rough metrics for vivacity (if not necessarily health), this spread in VC activity could be seen as a good thing for the market as a whole. A rising tide of global VC activity lifts all startup markets, worldwide. However, much of that growth is still concentrated in just a few big markets.

The worldwide expansion and local reinterpretation of the Silicon Valley venture capital investment model is a phenomenon with which market participants (founders and funders alike) must reckon. Founders are responding by raising lots of money in ever-larger rounds, hoping that big investor checks are enough to buy large chunks of growing markets. Investors, in turn, are raising ever-larger funds to satiate these companies’ seemingly bottomless appetites for capital.

As in most mega-trends, participants who fail to adapt to changing market conditions will end up on the losing end of the market cycle.

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YouTube Supervised Accounts limit access to content for teens

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This week the folks at YouTube revealed a new way to work with videos for kids and young adults. YouTube’s latest feature was made as “a new choice for parents who have decided their tweens and teens are ready to explore YouTube with a supervised account.” This feature will be launched first with a BETA mode, with a larger launch later this year.

This new system is different from YouTube Kids. Where YouTube Kids was designed and aimed at users below the age of 13, the rest of YouTube “always recommended that parents co-watch with their kids if they choose to watch YouTube.”

With the newest version of YouTube, parents will have three modes to choose from for their child. Explore, Explore more, and Most of YouTube will be available as “content settings” in YouTube.

Explore is aimed at children that’ve been using YouTube Kids but want to move beyond the basics. This setting restricts YouTube to “a broad range of videos generally suitable for viewers ages 9+.”

In the content setting “Explore More”, you’ll find content “generally suitable for viewers ages 13+.” This includes an “even larger set of videos” and “also live streams in the same categories as ‘Explore.’”

The “Most of YouTube” mode includes “almost all” of the video content on YouTube, except the age-restricted content. This also includes “sensitive topics that may only be appropriate for older teens.”

On the YouTube Blog right now, YouTube’s James Beser, Director of Product Management, Kids and Family, went into detail on the ways and reasons why this new system of control was created. As of yet, there is no release date for this new feature. Beser suggested that they are currently “building this new supervised experience” and still recommend parents use YouTube Kids for younger kids.

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Teenage Engineering teams with Nothing tech: It’s about to get weird

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If you were waiting for the Nothing technology company to team up with an interesting partner, wait no more. Today the Nothing company announced that they’d officially added Teenage Engineering to their list of Founding Partners. This is going to get weirder before it heads down the beaten path, of that you can be sure.

The Swedish-based Teenage Engineering made some interesting devices. They’ve made a whole bunch of stripped down barebones synthesizers, personal handheld video game machines, audio blasters, cables, display protectors, accessories – and some keychains for good measure. They’ve had their hand in quite a few interesting projects.

Jesper Kouthoofd is the owner of Teenage Engineering. Kouthoofd is a co-founder of a creative collective called Acne, aka the group that created Acne Studios (fashion!) Per the Nothing release, Teenage Engineering “have been developing highly acclaimed products for people who love sound, music, and design” for over ten years.

If you expected that Nothing would be a smartphone maker, and a smartphone maker alone, it seems safe to assume now that that’s not the half of it. They’ve partnered with a selection of very interesting people and companies in the short period they’ve existed, and they’ve raised $22 million USD without producing a single product.

Take a peek at the timeline below to learn more about Nothing and its founder Carl Pei, former co-founder of OnePlus. The company suggests that their mission is to “remove barriers between people and technology to create a seamless digital future.” There’ll be an “ecosystem” of devices that all work together – and we’re hoping that means they’ll be making something NEW, too – not just another brand making the same devices as everyone else, with different colors and finishes.

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Apple iMac 2021 leak tips return to colorful desktops, sans Jeff Goldblum

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A 2021 iMac was rumored today with a potential release in several colors. Much like our favorite Apple desktop campaign ever released with Jeff Goldblum, these desktop machines are rumored to be released in an array of colors. They won’t be as wild as those original iMacs, with their transparent backsides in purple, pink, and blue – they’ll be slightly more modern, if they prove to be viable and/or actually released.

The latest rumor suggests that current prototypes of the current (new) iMac are in testing in black, green, white, rose gold, and a light blue. These colors are very similar to the array of colors Apple currently has employed with the iPad Air.

Information was leaked by Jon Prosser, who also delivered the image above. These devices would likely be part of the array of devices that’ll be released in the second Apple event of the year here in 2021. As noted in a leak this January from Bloomberg, two iMac models will potentially be released this year to replace the 21.5- and 27-inch iMac models Apple currently has in stores.

It’s expected that the new iMac will have a far smaller bezel than is on the otherwise most current iMac. It’s suggested that the back of the iMac would be flat, rather than bowed, and that the look would be closer to that of the current Apple Pro Display XDR – likely without quite so many holes.

At the moment it does not appear that Jeff Goldblum has been tapped to take part in any sort of ad campaign for the new iMac. This is unfortunate. We’d love to see more of that strange energy summoned here for the year 2021.

Stay tuned as we get a better idea of when this next event will take place. Check the timeline below for more information on what Apple has coming up first.

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