Webtagr - Technology News Summarizer

Shocking VC Success Rate: Over Half of Senior VCs Have Never Had a Successful Deal

2025-07-29

A report based on data from 12,069 mid-to-senior-level VC professionals at US VC firms from 1996 to 2025 reveals a startling statistic: only 54% of senior VCs have ever been involved in a successful deal. 'Success' is defined as an investment resulting in a pre-unicorn investment in a unicorn, an exit with at least double the initial investment, or a successful IPO. This means nearly half of senior VCs have never had a successful deal, prompting reflection on the industry's success rate.

(www.linkedin.com)

Startup Success Rate Unicorns

HackerOne Cracks Down on AI-Generated Bug Reports

2025-05-06

Bug bounty platform HackerOne is cracking down on the influx of low-quality, AI-generated security reports. The platform's leadership states that these reports are effectively a DDoS attack, wasting valuable time and resources, with no demonstrably valid AI-assisted reports yet submitted. Going forward, all reporters will be required to disclose AI usage, with stricter vetting for AI-assisted submissions.

(www.linkedin.com)

Tech

Musk's Missing $4.7 Trillion: Database Architecture to Blame?

2025-02-20

Elon Musk questioned the whereabouts of $4.7 trillion in US government spending, citing difficulty in tracing it. A database expert clarifies that this isn't missing money, but rather standard database foreign key constraints at work. He explains that the government database uses primary and foreign key relationships, like "vendor_id" and "payment_id," to maintain data integrity—not a flaw. This highlights the crucial importance of understanding database architecture for data analysis.

(www.linkedin.com)

Tech government spending

SigNoz Hiring: Backend Engineers Wanted for Open-Source Observability

2025-01-26

SigNoz, an open-source observability startup, is looking for a Backend Engineer. Ideal candidates will have 3-6 years of backend engineering experience in Go, a passion for open-source with a history of contributions, a deep understanding of the observability domain, and familiarity with Go's locks/channels/concurrency. Responsibilities include owning the product R&D lifecycle, driving OSS adoption of SigNoz, managing the product roadmap and feature development to improve open-source user experience, writing technical content, building an integration marketplace, and more.

(www.linkedin.com)

Development GoLang

UW Student Faces Expulsion for Course Swap App

2025-01-08

JD Kaim, a University of Washington student, built HuskySwap, an app to help students trade spots in classes. After initial success, his attempt to access the school's registration system for automated course importing resulted in a Notice of Violation for abusing registration policies, threatening expulsion. Despite only seeking read-only access, the school's harsh response left him disheartened and questioning the university's support for student entrepreneurship.

(www.linkedin.com)

Development student entrepreneurship university policy

Rosetta 2 Creator Joins Lean FRO to Enhance Code Generator

2024-12-22

Leonardo de Moura, Senior Principal Applied Scientist at AWS and Chief Architect at Lean FRO (a non-profit), announced that Cameron Zwarich, the brilliant creator of Rosetta 2 and an exceptional software developer with over 15 years of experience at Apple specializing in low-level systems software, has joined the Lean FRO team. Zwarich will focus on improving Lean's code generator, promising a significant impact on the Lean ecosystem.

(www.linkedin.com)

Development Code Generator