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AngelList buys tech discovery site Product Hunt
Product Hunt's discovery site for genuinely useful technology has been bought by AngelList. The terms of the deal weren't disclosed, however Recode is putting the number at around $20 million. The acquisition involves a mixture of cash and stock, and will see ProductHunt "remain an independent platform," according to its CEO Ryan Hoover. "We'll continue to use excessive emojis, drink Philz, and build in public with our community," he wrote on Medium. ProductHunt launched in 2013 with a simple premise: surface the hottest startups and services. It's since become a Silicon Valley darling, expanding into games, books and other categories.
Report: Xbox co-creator backing $99, Android-based game console (and all its games are free!)
What is "Ouya," besides an amusing onomatopoeia? It's reportedly the concept for a $99, Android-based game console that has some very interesting backers.We've got original Xbox cheerleader Ed Fries, and acclaimed designer Yves Béhar. The former is said to be serving as an advisor on the project, while the latter is said to be developing the device. The supposed task is to develop a game console that can be connected to a television with an open development platform; better yet, all its games will be free.This is all according to a listing on startup website AngelList (since pulled, detailed on The Verge), which apparently counted a variety of other big names on its masthead. Several images are also available (including the one above), but it's worth noting that they're all concepts for now. The various games seen on the console's dashboard are, naturally, Android titles.We reached out to Ouya representatives, but haven't heard back as of publishing.
