VCs say big tech often helps startups, challenging House lawmakers

  • When House lawmakers released a 449-report earlier this month calling for new antitrust legislation against big tech companies, it lambasted Google, Apple, Amazon, and Facebook for contributing to an innovation “kill zone” that it said hurts startups. 
  • But a growing number of VCs and industry leaders are challenging such claims, calling them misleading.
  • VCs say that practices like acquisitions, which the report wants to make more difficult for large tech companies to do, actually benefits startups. 
  • They also point to data showing that the rise in venture capital funding in recent years has accompanied the rise of big tech.
  • Visit Business Insider’s homepage for more stories.

Buried in the sprawling, 449-page Congressional report spearheaded by House Democrats about regulating big tech is a recommendation that is making the venture capital world very nervous. 

To make it harder for big tech companies to snuff out young, upstart competitors by buying them,

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Why buying a second house can put your other life goals to risk



Why buying a second house can put your other life goals to risk


© Faizan Javed
Why buying a second house can put your other life goals to risk

Prathiba Girish

Have you ever wondered while planning for your future as to why certain assets evoke so much loyalty and attachment? Come to think of it, you may have invested in them dispassionately in pursuit of good returns, but somewhere along the way they may have acquired a persona of their own.

Assets with emotional connect

Real estate and gold are two such assets that have a huge emotional connect. Gold is understandable as, in our culture, if you are sell physical gold, people assume that you face really hard times. Other forms of gold such as Gold ETFs, luckily, are easier to deal with.

But what about real estate? Let me recount a couple of interactions we had in the past few months. One of them was with a woman in her

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Gnarly! Inside the ‘Fast Times at Ridgemont High’ House, Now for Sale

Hold onto your doobie, and those Blue Öyster Cult ticket stubs! The house from the classic 1982 teen flick “Fast Times at Ridgemont High” is now for sale for the first time in 20 years, for $739,999.

As the listing puts it, “How often do you have a truly rare opportunity to live in a home where a famous movie was filmed? Your opportunity is now!”

Located north of Los Angeles, this three-bedroom, two-bathroom house served as the home of Brad and Stacy Hamilton (Judge Reinhold and Jennifer Jason Leigh), who hosted pool parties that were the stuff of adolescent dreams.

And surprisingly, this property (listed with Pinnacle Estate Properties) hasn’t changed all that much since then—on the exterior, at least. It’s so eerily familiar, in fact, that you can almost smell the weed wafting by.

“When you’re talking about a house that brings back those exciting times

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How Soon Can You Sell an Owner-Occupied HUD House After Buying It? | Home Guides

For home buyers looking for affordable housing, the U.S. Department of Housing and Urban Development (HUD) offers several solutions. “HUD homes,” as foreclosed Federal Housing Administration (FHA)- backed homes are called, can be bought at online auction by hopeful home buyers. HUD, of course, has rules for those intending to buy and then occupy a HUD home, including length-of-occupancy requirements. Generally, owner-occupants of HUD homes must live in those homes for at least 12 months before selling them.

HUD Home Requirements

HUD homes are sold exclusively through an online auction system and for a defined “exclusive listing period.” HUD home auctions are initially open to hopeful owner-occupants, HUD-approved nonprofits and government entities on a high bidder system. HUD prefers owner-occupant bidders but allows investor property bidders at various points in its online bidding processes. For HUD owner-occupied homes, a 12-month occupancy period before resale is allowed is mandatory.

Buying HUD

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Jackson mayor’s house is for sale, but he says he’s staying in the city

JACKSON, MI — Eagle-eyed house hunters in Jackson may have noticed a notable person’s house on the market this week.



Derek Dobies wearing a suit and tie: Jackson Mayor Derek Dobies speaks during the 2020 State of the City Address at the Michigan Theatre in downtown Jackson on Wednesday, Feb. 26, 2020.


© J. Scott Park | MLive.com/J. Scott Park | MLive.com/mlive.com/TNS
Jackson Mayor Derek Dobies speaks during the 2020 State of the City Address at the Michigan Theatre in downtown Jackson on Wednesday, Feb. 26, 2020.

Mayor Derek Dobies confirmed he and his family plan to move from their house in the city’s Sixth Ward. He and his family intend to move to another house on the southwest side of Jackson, Dobies said late last week.

Elected officials must live within the city, and ward if applicable, to maintain public office, according to Jackson’s city charter. Dobies, a Democrat, represented Ward 6 from 2011 until he was elected mayor in 2017.

MORE JACKSON NEWS:

The ties that bind the men behind the plot to kidnap Gov. Whitmer

2 children flown to

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Can you move house in Tier 3? How new Covid lockdown restrictions affect buying or renting a home

The Government unveiled a raft of new Covid-19 restrictions in October to prevent the spread of Covid-19.

Boris Johnson announced a three-tier system to rank regions in order of how severe numbers of cases of the virus were per 100,000 people over a week-long period.

Tier three – known as the “very high” alert, imposes measures similar to those that were placed across the country at the end of March. It includes a ban on household mixing, all but essential travel and the closure of hospitality venues unable to operate as a take away.

Tier two, which London was placed under last week, is less strict. A ban remains on household mixing, though does mean restaurants and pubs remain open for now under the 10pm curfew times.

One big difference in earlier lockdown strategies and this one is the property market isn’t set

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‘How We Beat 32 Offers and Got the House’

First-time home buyers have it harder today than ever. Caught between high real estate prices, low housing inventory, and a pandemic that has many of us nervous about leaving our house, home shoppers might be wondering: Is it even possible to buy right now—and how?

If you’re curious about what it takes to purchase property in today’s marketplace, look no further than this new series, “First-Time Home Buyer Confessions.” We’ll profile home buyers who’ve successfully navigated a variety of obstacles to close a real estate deal during these challenging times. We’ll also hear what they’ve learned in the process that might inspire other hopeful first-time buyers to get out there and follow in their footsteps.

Our first tale from the trenches comes from Julie Migliacci, a virtual events planner near Boston, and her husband, Mark, a banker who specializes in affordable housing. In June, they beat

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These Lined Crocs On Sale At Costco Are The Perfect Winter House Shoes

Regardless of the season, whether we’re indoors or outdoors,  comfortable footwear is a must for our overall comfort. We’re willing to shell out a pretty penny for functional footwear, especially in the winter when we want to keep our toes warm and dry, but luckily, there are lots of great deals to be had out there so you don’t have to break the bank trying to keep your feet comfy. To that end, we often find ourselves buying discounted shoes at Costco. In the past, they’ve had amazing deals on Hunter rain boots and Birkenstocks, and they just added another covetable item to their store shelves: lined Crocs.

Crocs are our go-to summer shoes, especially around the house or while puttering around the yard. The little holes keep our feet cool, the Crocs sole design is legitimately comfortable, and their non-skid bottoms and secure ankle straps mean they’re safe to

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‘Love It or List It’ Reveals Where Extra Space Is Hiding in a Small House

On “Love It or List It,” now in its 17th season, co-hosts David Visentin and Hilary Farr have met countless homeowners who claim they’ve outgrown their homes.

But is their house truly too small, or do they just need some help redesigning their space?

That’s the question at the heart of the latest episode, “Downtown Disconnect,” where parents Sunita and Bijal claim there just isn’t enough room in their house anymore for their family of four. So, real estate agent Visentin starts searching for bigger homes they could buy in the area, while designer Farr tries to renovate the space they have to persuade them to stay.

While the house does seem tiny, Farr works wonders to make the space feel bigger, while also carving out space for a home office, small mudroom, and more. Here’s how she does it, which might inspire you to head off looking for hidden

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Katy Perry, Orlando Bloom Buy $14.2 Million Montecito House

It’s looking more and more as though Orlando Bloom and Katy Perry plan to make the low-key but shockingly expensive seaside town of Montecito, Calif., their primary residence. The English actor and his pop music superstar fiancée — she a Santa Barbara native — have paid $14.2 million for an A-lister-worthy estate with nearly nine acres of manicured grounds, all of them with stunning ocean views from their perch in the Santa Ynez foothills.

Records reveal the property was sold to Perry and Bloom by high-profile businessman C. Robert Kidder, the former CEO of Chrysler and also the former CEO of battery juggernaut Duracell. Originally listed in spring 2019, asking nearly $20 million, the property’s pricetag eventually plummeted to just over $16 million before the Perry-Blooms scooped it up at a further discount.

Kidder and his wife Mary owned the estate for well over 20 years, and photos show they

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