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Inside Founders (Feb 12th, 2019)

1. Investors are increasingly excited about startups with open-source products. Last year, open-source was at the center of approximately $70 billion in various deals, according to Joseph Jacks, founder of venture capital firm OSS Capital, which specializes in open-source startups. An additional $2 billion went to commercial open-source startups. Annual revenue topping $100 million for open-source companies also has increased significantly. Corporate and consumer enthusiasm for open-source software is driving investors' interest, although questions remain about viable monetization of the model. — BUSINESS INSIDER

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2. The two-day 2019 Startup Grind Global Conference kicks off Feb. 12 in Redwood City, California. For its seventh year, the Silicon Valley conference, expected to host more than 8,000 entrepreneurs, venture capitalists and others in the start-up landscape, will feature discussions lead by Stripe co-founder John Collison, as well as cofounders from LinkedIn, Airbnb and Box. The packed schedule of talks includes topics ranging from the changing nature of venture capital to startup storytelling. The conference also includes live demos and pitches from hundreds of startups and their founders. — FORBES

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3. The new generation of startups with potential to reach $1 billion valuation focus on software and solutions for specific industries, such as agriculture and science. Analysis by CB Insights for The New York Times assessed 50 startups with the potential to reach so-called unicorn status—a $1 billion valuation. These companies include Benchling, whose founder saw the need for cloud-based record-keeping for scientists, and Farmers Business Network, an online agriculture platform. Software companies founded to address financial technology, security and the transportation industry also figure on the list. — NEW YORK TIMES

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4. San Francisco no longer ranks as the top city for tech and founding startups. A new Tech Cities study from real estate firm Savills evaluates 30 cities around the world for criteria ranging from venture capital investment to quality of life indicators. San Francisco has ranked no. 1 for the last three years, but this year slipped to second behind New York City. The study also shows an increase in Chinese tech cities, with five cities from mainland China on the list for the first time. — SAN FRANCISCO BUSINESS TIMES

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5. Startup founders are starting to choose more conventional and less "weird" names. — CRUNCHBASE

6. The New York Tech Power 50 list includes founders, innovators and more from New York's tech landscape. — CITY & STATE NEW YORK

7. The Y Combinator accelerator program has grown by more than 50 percent since last spring's cohort, and is moving to a new venue for March for the live demo from 200 startups. —TECHCRUNCH

8. Cloud monitoring platform Datadog has acquired French automated application testing startup Madumbo. — VENTUREBEAT

9. Public Goods, the Brooklyn-based direct-to-consumer startup, has expanded from household goods and personal care items to now offer health food items to its subscribers. — FAST COMPANY

10. Giftcertificates.com has been acquired by Tango Card, and will return to Seattle, where it was founded more than 20 years ago. —GEEKWIRE

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Julia Goldberg is a journalist and author living in Santa Fe, New Mexico. She writes regularly about the intersection of technology and culture, and is the executive director of MIX Santa Fe, a networking organization for entrepreneurs. She writes the Inside Founders newsletter and can be found on Twitter @votergirl.

Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies) and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).

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