Data Sheet—Sunday, August 21, 2016

By August 21, 2016Bitcoin Business
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Everyone's Talking About

Otto. Until this week, most people hadn't heard of Otto, but now the 91-person startup is Uber's secret weapon in the self-driving car race. Why? Because CEO Anthony Landrowsky was one of the co-founders of Google's self-driving car project and assembled an all-star team of experts in its short months of existence before Uber paid a reported $680 million for it. (Fortune)

Unicorn Watch

Inside Uber's plans to win the self-driving car race. The ride-hailing giant revealed how it plans to get a self-driving car pilot program on the roads of Pittsburgh later this month. (Bloomberg)

No buyers for Lyft. The San Francisco company has reportedly been shopping itself around, but no one so far has shown interest, likely because of its $9 billion asking price. (New York Times) (Recode)

$100 million won't be enough to settle Uber's big lawsuit. A San Francisco federal judge has denied approval for the proposed settlement of a pair of driver lawsuits against the company. (Reuters)

Pinterest goes video. The online service finally introduces video ads two years after it first started to roll out advertising. (Fortune)

Dropbox ponders a 2017 IPO. The file-storage and sharing company is reportedly consulting advisors about possible plans to go public in 2017. (Bloomberg)

The Week In Startups

Fixing Smartphones 'On Demand' May Be Better Business Than Delivering Burritos (Fortune)

Meet WM Motor, the Lastest Chinese Electric Car Startup (Fortune)

Google's International Startup Program Gets a Home in San Francisco (Fortune)

EventBoard Combats Zombie Meetings (Fortune)

Hampton Creek's Mayo Buybacks Prompt Inquiry by the SEC (Bloomberg)

Why Amazon Is Teaming Up With Product Hunt (Fortune)

There's a Dog Version of Airbnb, Uber and Pretty Much Every Other Service You Use (Fortune)

Clara Hopes to Reinvent How You Get a Mortgage (Fortune)

Data Management Startup Rubrik Just Got Millions From Vinod Khosla's VC Firm (Fortune)

Rakuten Buys Struggling Bitcoin Startup Bitnet to Create a 'Blockchain Research Lab' (TechCrunch)

Words of Wisdom

"In a world that’s changing so quickly, the biggest risk you can take is not taking any risk." —Mark Zuckerberg, recalling the best advice investor Peter Thiel gave him (Fortune)

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