Ignored by venture capitalists, Pebble smartwatch has raised over $4M on Kickstarter and counting

VCs always have a war story about the one that got away. Time to add the Pebble smartwatch to the list. The creators of the Pebble had some initial success raising $375,000 in angel funding. But when it come to raise a series A, Pebble was roundly rejected by venture capital firms that didn’t want to risk betting on a hardware firm. So the Pebble team put their project on Kickstarter, where they have now raised $4.2 million and counting without giving away any equity in their company.

Gogobot hires SRI scientist to add artificial intelligence to its travel apps (exclusive)

I recently spent a few days with my family at a ski lodge in the Sierras. While we were there, we noticed a young French couple who spent the vast majority of their time sitting by the fire, staring at a tiny Android tablet, flipping through a guidebook, and making notes in a paper calendar. For two or three days, while we were out skiing through the sublimely silent woods, learning how to snowboard on the bunny slope, and sitting in the hot tub underneath the misty evening skies, these two sad, beautiful foreigners were sitting in the lodge, trying to plan their trip.