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Month: March 2015

Watch Skrillex, Justin Bieber, Puff Daddy and Diplo perform at ULTRA

For the past 17 years, Ultra Music Festival has bee one of the biggest events in electronic music. This year’s instalment attracted such veterans as Tiesto, Avicii, Alesso, Nicky Romero, Paul Van Dyk, Bassnectar, David Guetta, as well as new-school favorites Goldfish, Kygo, and Klingade, and many more. One of the weekend’s highlights was definitely Skrillex’s set, whose trademark blend of versatility and stage presence was on full display during his high-energy set. Skrillex had a little help from his famous friends as Diplo, Diddy and even Justin Bieber joined him to help close out the massive weekend. Check it out, and stay tuned to HYPETRAK for all your music news this coming week. Article source:...

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Carhartt WIP 2015 Spring/Summer Collection

A collision of Carhartt workwear with Work In Progress attitude, Carhartt WIP presents a distinct collection for the Spring/Summer 2015 season. Breathing new life into a variety of time-honored garments, the warm weather range introduces new styles and fabrics, with reworked traditional silhouettes that reflect contemporary aesthetics while still respecting Carhartt’s core values. Patterns and prints, appropriately, play a big part in the seasonal offerings and feature prominently on standouts like the Roy Tropic S/S Shirt, Camo Rose S/S Shirt and Raymond L/S Shirt, as well as on accessories like beach towels and a reversible bucket hat by Starter. Elsewhere, outerwear highlights like the Ferris Bomber Liner, Bluster Jacket and an array of cozy sweats add some stylish options for cooler spring weather. Look for Carhartt WIP’s Spring/Summer 2015 collection — as well as the brand’s collaborative capsule with Italian retailer Slam Jam — now at the HYPEBEAST Store. Article source:...

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Crossing the Cybersecurity Trust Chasm

Editor’s Note: Deepak Jeevankumar is an enterprise IT investor at General Catalyst Partners where he has a wide range of investments in cybersecurity, big data and storage startups. The opinions expressed here are Deepak’s personal opinions and do not reflect the views of General Catalyst or their portfolio companies.  Kudos to the President for visiting Silicon Valley last month and drawing the attention of the nation to a new world of continuous cyber attacks. The executive order signed by the President addresses the critical piece that is needed to help companies protect themselves in the future  – by sharing cyber threat information between different private sector companies, and between the government and the private sector. But we need to cross the cybersecurity trust chasm to make sharing really work. Today, this trust has been broken in the system due to incessant hacking of employee/customer confidential data stored in private sector enterprises. Multiple allegations of excessive snooping against the private sector and the government have only complicated matters. We need to (re)build trust: between the government and the public; between a company and its employees; between a company and its customers; between different private sector companies; and finally between the government and the private sector. The traditional cybersecurity debate has been portrayed as a security vs. privacy dialog. Trust has largely been ignored. But, trust and only trust can bring together...

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Chairman Wheeler Predicts FCC Will Beat Legal Challenge To Net Neutrality

Now that the FCC is the subject of several lawsuits, and its leader, Chairman Tom Wheeler, was dragged in front of Congress repeatedly to answer the same battery of inanity, it’s worth checking in to see how the agency is feeling. Is it confident that its recent vote to reclassify broadband under Title II of the Telecommunications Act will hold? Yes, unsurprisingly. Recently, Wheeler gave a speech at Ohio State University, laying out his larger philosophy regarding the open Internet. His second to last paragraph is worth reading: One final prediction: the FCC’s new rules will be upheld by the courts. The DC Circuit sent the previous Open Internet Order back to us and basically said, “You’re trying to impose common carrier-like regulation without stepping up and saying, ‘these are common carriers.’” We have addressed that issue, which is the underlying issue in all of the debates we’ve had so far. That gives me great confidence going forward that we will prevail. That confidence isn’t itself too newsworthy — why would the FCC pass something that it can’t defend? But at the same time, Wheeler echoes one of his top lawyers, Gigi Sohn, who first extolled the use of Title II in the agency’s plan, among other legal tools, in an interview with TechCrunch: We like to say it’s the belt, the belt and the suspenders. The critical thing is we are reclassifying broadband...

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Unpacking Etsy’s S1

Editor’s note: Ezra Galston is a venture capitalist with Chicago Ventures and the former Director of Marketing for CardRunners Gaming. He writes the blog BreakingVC. As an investor in many digital marketplaces (Kapow Events, Spothero, Bloomnation, Shiftgig, among others, as well as an arts and crafts community, Blitsy) I have been eagerly awaiting Etsy’s S1 filing to get a deep look into the business. The filing didn’t disappoint. Etsy is a powerful business with extraordinary network effects. Its customers are extremely loyal, and its committed sellers are earning significant income. But there are legitimate concerns: it is the quintessential case study on the challenge of low margin platforms. Additionally, it faces uphill challenges – a slowing growth curve and unclear product pipeline. Most importantly, the IPO comes at an inflection point as Etsy looks to expand from its niche, artisanal focus to serving a much wider market. Let’s dive in. Sizing up the space To truly understand Etsy, I felt it important to size it up against a few other marketplace businesses: Homeaway, Shutterstock and GrubHub.¹ Although they’re different, they’re all participants in some aspect of the freelancer/sharing/independent economy. They all aggregate wildly fragmented markets. They also all make a similar claim: that their platforms ultimately expand the total addressable market and earnings for their merchants, despite acting as a fee taking middleman. To start, here are some high level stats to see how they stack up against Etsy. Note, Homeaway does...

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