Misplaced Pages

#938061

95-887: First released in April 2014 by the venture capital -backed startup of the same name, Acompli was acquired by Microsoft in December 2014. On January 29, 2015, Acompli was re-branded as Outlook Mobile —sharing its name with the Microsoft Outlook desktop personal information manager and Outlook.com email service. Acompli was co-founded as a startup by Javier Soltero , the former chief technology officer of VMWare , alongside JJ Zhuang ( CTO ), and Kevin Henrikson (VP of Engineering). It received $ 7.3 million in funding from Redpoint Ventures, Harrison Metal and Felicis Ventures. At Redpoint Ventures, Satish Dharmaraj played

190-465: A Shorthand list. The original autocomplete software was Smartype, which dates back to the late 1980s and is still available today. It was initially developed for medical transcriptionists working in WordPerfect for MS/DOS, but it now functions for any application in any Windows or Web-based program. Shorthand , also called Autoreplace, is a related feature that involves automatic replacement of

285-516: A capitalist , is a person who makes capital investments in companies in exchange for an equity stake . The venture capitalist is often expected to bring managerial and technical expertise, as well as capital, to their investments. A venture capital fund refers to a pooled investment vehicle (in the United States, often an LP or LLC ) that primarily invests the financial capital of third-party investors in enterprises that are too risky for

380-459: A consequence, most venture capital investments are done in a pool format, where several investors combine their investments into one large fund that invests in many different startup companies. By investing in the pool format, the investors are spreading out their risk to many different investments instead of taking the chance of putting all of their money in one start up firm. Venture capital firms are typically structured as partnerships ,

475-653: A decade later in 1994. The advent of the World Wide Web in the early 1990s reinvigorated venture capital as investors saw companies with huge potential being formed. Netscape and Amazon (company) were founded in 1994, and Yahoo! in 1995. All were funded by venture capital. Internet IPOs—AOL in 1992; Netcom in 1994; UUNet, Spyglass and Netscape in 1995; Lycos, Excite, Yahoo!, CompuServe, Infoseek, C/NET, and E*Trade in 1996; and Amazon, ONSALE, Go2Net, N2K, NextLink, and SportsLine in 1997—generated enormous returns for their venture capital investors. These returns, and

570-466: A desired email, Acompli users were able to use "smart filters". This mobile application did this by sending one's "emails, appointments, files and contacts through its own servers to deliver all that data to your device and to make it searchable". Joel Mathis in Macworld wrote that Acompli allowed people to "browse all email attachments in the attachments list, and send them from your mobile inbox even if

665-573: A finance background. Venture capitalists with an operational background ( operating partner ) tend to be former founders or executives of companies similar to those which the partnership finances or will have served as management consultants. Venture capitalists with finance backgrounds tend to have investment banking or other corporate finance experience. Although the titles are not entirely uniform from firm to firm, other positions at venture capital firms include: The average maturity of most venture capital funds ranges from 10 years to 12 years, with

760-437: A fund, the investors have a fixed commitment to the fund that is initially unfunded and subsequently "called down" by the venture capital fund over time as the fund makes its investments. There are substantial penalties for a limited partner (or investor) that fails to participate in a capital call . It can take anywhere from a month to several years for venture capitalists to raise money from limited partners for their fund. At

855-458: A list of words based on first typed letter(s). Examples are Typingaid and Letmetype. LetMeType, freeware, is no longer developed, the author has published the source code and allows anybody to continue development. Typingaid, also freeware, is actively developed. Intellicomplete, both a freeware and payware version, works only in certain programs which hook into the intellicomplete server program. Many Autocomplete programs can also be used to create

950-448: A particular class has. Therefore, autocomplete then serves as a form of convenient documentation as well as an input method. Another beneficial feature of autocomplete for source code is that it encourages the programmer to use longer, more descriptive variable names, hence making the source code more readable. Typing large words which may contain camel case like numberOfWordsPerParagraph can be difficult, but autocomplete allows

1045-406: A particular string with another one, usually one that is longer and harder to type, such as "myname" with "Lee John Nikolai François Al Rahman". This can also quietly fix simple typing errors , such as turning " teh " into "the". Several Autocomplete programs, standalone or integrated in text editors, based on word lists, also include a shorthand function for often used phrases. Context completion

SECTION 10

#1732782470939

1140-430: A pivotal role in bringing the founders together. In order to distinguish itself from other recent email startups, such as Mailbox , Soltero decided to target the enterprise market—particularly, users of Microsoft Exchange servers. He felt that such users had been underserved by the lacking or non-existent support for Exchange in existing mail apps, believing that their developers—despite its wide adoption, "do not fathom

1235-581: A process known as "generating deal flow," where they reach out to their network to source potential investments. The study also reported that few VCs use any type of financial analytics when they assess deals; VCs are primarily concerned about the cash returned from the deal as a multiple of the cash invested. According to 95% of the VC firms surveyed, VCs cite the founder or founding team as the most important factor in their investment decision. Other factors are also considered, including intellectual property rights and

1330-460: A programmer to complete typing the word using a fraction of the keystrokes. Autocompletion in database query tools allows the user to autocomplete the table names in an SQL statement and column names of the tables referenced in the SQL statement. As text is typed into the editor , the context of the cursor within the SQL statement provides an indication of whether the user needs a table completion or

1425-446: A rate that is less than 10% as fast as people who use oral speech. But the function is also very useful for anybody who writes text, particularly people–such as medical doctors–who frequently use long, hard-to-spell terminology that may be technical or medical in nature. Autocomplete or word completion works so that when the writer writes the first letter or letters of a word, the program predicts one or more possible words as choices. If

1520-803: A return of over 1200 times its investment and an annualized rate of return of 101% to ARDC. Former employees of ARDC went on to establish several prominent venture capital firms including Greylock Partners , founded in 1965 by Charlie Waite and Bill Elfers; Morgan, Holland Ventures, the predecessor of Flagship Ventures, founded in 1982 by James Morgan; Fidelity Ventures, now Volition Capital, founded in 1969 by Henry Hoagland; and Charles River Ventures , founded in 1970 by Richard Burnes. ARDC continued investing until 1971, when Doriot retired. In 1972 Doriot merged ARDC with Textron after having invested in over 150 companies. John Hay Whitney (1904–1982) and his partner Benno Schmidt (1913–1999) founded J.H. Whitney & Company in 1946. Whitney had been investing since

1615-411: A role in managing entrepreneurial companies at an early stage, thus adding skills as well as capital, thereby differentiating VC from buy-out private equity, which typically invest in companies with proven revenue, and thereby potentially realizing much higher rates of returns. Inherent in realizing abnormally high rates of returns is the risk of losing all of one's investment in a given startup company. As

1710-402: A significant portion of the companies' ownership (and consequently value). Companies who have reached a market valuation of over $ 1 billion are referred to as Unicorns . As of May 2024 there were a reported total of 1248 Unicorn companies. Venture capitalists also often provide strategic advice to the company's executives on its business model and marketing strategies. Venture capital is also

1805-572: A speedy and powerful tool if you're willing to take the time to learn its nuances." Jordan Novet of VentureBeat wrote that "app, which pulls in calendar and contact information and files to help people get more done on their mobile devices, had catapulted to the No. 9 slot in the free productivity-app section of the app store" as of 25 April 2014. Joshua Brustein in Bloomberg Businessweek , has written that due to Microsoft 's absence from

1900-520: A successful exit within the required time frame (typically 8–12 years) that venture capitalists expect. Because investments are illiquid and require the extended time frame to harvest, venture capitalists are expected to carry out detailed due diligence prior to investment. Venture capitalists also are expected to nurture the companies in which they invest, in order to increase the likelihood of reaching an IPO stage when valuations are favourable. Venture capitalists typically assist at four stages in

1995-558: A suggestion or the down arrow key to accept one of several. Autocomplete speeds up human-computer interactions when it correctly predicts the word a user intends to enter after only a few characters have been typed into a text input field. It works best in domains with a limited number of possible words (such as in command line interpreters ), when some words are much more common (such as when addressing an e-mail ), or writing structured and predictable text (as in source code editors ). Many autocomplete algorithms learn new words after

SECTION 20

#1732782470939

2090-467: A table column completion. The table completion provides a list of tables available in the database server the user is connected to. The column completion provides a list of columns for only tables referenced in the SQL statement. SQL Server Management Studio provides autocomplete in query tools. In many word processing programs, autocompletion decreases the amount of time spent typing repetitive words and phrases. The source material for autocompletion

2185-523: A variant known as "Speed Venturing", which is akin to speed-dating for capital, where the investor decides within 10 minutes whether he wants a follow-up meeting. In addition, some new private online networks are emerging to provide additional opportunities for meeting investors. This need for high returns makes venture funding an expensive capital source for companies, and most suitable for businesses having large up-front capital requirements , which cannot be financed by cheaper alternatives such as debt. That

2280-424: A way in which the private and public sectors can construct an institution that systematically creates business networks for the new firms and industries so that they can progress and develop. This institution helps identify promising new firms and provide them with finance, technical expertise, mentoring , talent acquisition, strategic partnership, marketing "know-how", and business models . Once integrated into

2375-417: Is a text editor feature, similar to word completion, which completes words (or entire phrases) based on the current context and context of other similar words within the same document, or within some training data set. The main advantage of context completion is the ability to predict anticipated words more precisely and even with no initial letters. The main disadvantage is the need of a training data set, which

2470-436: Is attractive for new companies with limited operating history that are too small to raise capital in the public markets and have not reached the point where they are able to secure a bank loan or complete a debt offering . In exchange for the high risk that venture capitalists assume by investing in smaller and early-stage companies, venture capitalists usually get significant control over company decisions, in addition to

2565-405: Is available in both a freeware and a payware version, but works only with programs which are made to work with it. Letmetype and Typingaid are both freeware programs which work in any text editor. An early version of autocompletion was described in 1967 by H. Christopher Longuet-Higgins in his Computer-Assisted Typewriter (CAT), "such words as 'BEGIN' or 'PROCEDURE' or identifiers introduced by

2660-470: Is crucial for startups to kickstart their journey and attract further investment in subsequent funding rounds. Typical venture capital investments occur after an initial " seed funding " round. The first round of institutional venture capital to fund growth is called the Series A round . Venture capitalists provide this financing in the interest of generating a return through an eventual "exit" event, such as

2755-418: Is different. Venture capital funds are generally three in types: Some of the factors that influence VC decisions include: Within the venture capital industry, the general partners and other investment professionals of the venture capital firm are often referred to as "venture capitalists" or "VCs". Typical career backgrounds vary, but, broadly speaking, venture capitalists come from either an operational or

2850-549: Is either gathered from the rest of the current document or from a list of common words defined by the user. Currently Apache OpenOffice , Calligra Suite , KOffice , LibreOffice and Microsoft Office include support for this kind of autocompletion, as do advanced text editors such as Emacs and Vim . In a command-line interpreter , such as Unix 's sh or bash , or Windows 's cmd.exe or PowerShell , or in similar command line interfaces , autocomplete of command names and file names may be accomplished by keeping track of all

2945-414: Is most commonly the case for intangible assets such as software, and other intellectual property, whose value is unproven. In turn, this explains why venture capital is most prevalent in the fast-growing technology and life sciences or biotechnology fields. If a company does have the qualities venture capitalists seek including a solid business plan, a good management team, investment and passion from

Acompli - Misplaced Pages Continue

3040-508: Is often credited with the introduction of the term "venture capitalist" that has since become widely accepted. During the 1960s and 1970s, venture capital firms focused their investment activity primarily on starting and expanding companies. More often than not, these companies were exploiting breakthroughs in electronic, medical, or data-processing technology. As a result, venture capital came to be almost synonymous with financing of technology ventures. An early West Coast venture capital company

3135-412: Is substantially different from raising debt or a loan. Lenders have a legal right to interest on a loan and repayment of the capital irrespective of the success or failure of a business. Venture capital is invested in exchange for an equity stake in the business. The return of the venture capitalist as a shareholder depends on the growth and profitability of the business. This return is generally earned when

3230-447: Is the current line, while the current document poses as a training data set. When the user begins a line that starts with a frequently used phrase, the editor automatically completes it, up to the position where similar lines differ, or proposes a list of common continuations. Action completion in applications are standalone tools that add autocomplete functionality to existing applications or all existing applications of an OS, based on

3325-571: Is typically larger for context completion than for simpler word completion. Most common use of context completion is seen in advanced programming language editors and IDEs , where training data set is inherently available and context completion makes more sense to the user than broad word completion would. Line completion is a type of context completion, first introduced by Juraj Simlovic in TED Notepad , in July 2006. The context in line completion

3420-407: Is typically used to fill in the e-mail addresses of the intended recipients. Generally, there are a small number of frequently used e-mail addresses, hence it is relatively easy to use autocomplete to select among them. Like web addresses, e-mail addresses are often long, hence typing them completely is inconvenient. For instance, Microsoft Outlook Express will find addresses based on the name that

3515-471: Is used in the address book. Google 's Gmail will find addresses by any string that occurs in the address or stored name. In search engines, autocomplete user interface features provide users with suggested queries or results as they type their query in the search box. This is also commonly called autosuggest or incremental search . This type of search often relies on matching algorithms that forgive entry errors such as phonetic Soundex algorithms or

3610-695: The Employee Retirement Income Security Act (ERISA) in 1974, corporate pension funds were prohibited from holding certain risky investments including many investments in privately held companies. In 1978, the US Labor Department relaxed certain restrictions of the ERISA, under the " prudent man rule " , thus allowing corporate pension funds to invest in the asset class and providing a major source of capital available to venture capitalists. The public successes of

3705-1065: The Wallenbergs , the Vanderbilts , the Whitneys , the Rockefellers , and the Warburgs were notable investors in private companies. In 1938, Laurance S. Rockefeller helped finance the creation of both Eastern Air Lines and Douglas Aircraft , and the Rockefeller family had vast holdings in a variety of companies. Eric M. Warburg founded E.M. Warburg & Co. in 1938, which would ultimately become Warburg Pincus , with investments in both leveraged buyouts and venture capital. The Wallenberg family started Investor AB in 1916 in Sweden and were early investors in several Swedish companies such as ABB , Atlas Copco , and Ericsson in

3800-779: The general partners of which serve as the managers of the firm and will serve as investment advisors to the venture capital funds raised. Venture capital firms in the United States may also be structured as limited liability companies , in which case the firm's managers are known as managing members. Investors in venture capital funds are known as limited partners . This constituency comprises both high-net-worth individuals and institutions with large amounts of available capital, such as state and private pension funds , university financial endowments , foundations, insurance companies, and pooled investment vehicles, called funds of funds . Venture capitalist firms differ in their motivations and approaches. There are multiple factors, and each firm

3895-437: The iPad , programmes like Acompli and Evernote have been successful. Jeremy Schoemaker stated that Acompli has been "an absolute game changer". On the day of its release, Acompli quickly reached the top 10 free "Productivity" apps on the iOS App Store . Re/code , in addition to VentureBeat , reported that Acompli "has raised $ 7.3 million in funding led by Redpoint Ventures, with Harrison Metal and Felicis Ventures." At

Acompli - Misplaced Pages Continue

3990-744: The 1930s, founding Pioneer Pictures in 1933 and acquiring a 15% interest in Technicolor Corporation with his cousin Cornelius Vanderbilt Whitney . Florida Foods Corporation proved Whitney's most famous investment. The company developed an innovative method for delivering nutrition to American soldiers, later known as Minute Maid orange juice and was sold to The Coca-Cola Company in 1960. J.H. Whitney & Company continued to make investments in leveraged buyout transactions and raised $ 750 million for its sixth institutional private-equity fund in 2005. One of

4085-496: The AAC user has used recently and frequently are more likely to be predicted. Word prediction software often also allows the user to enter their own words into the word prediction dictionaries either directly, or by "learning" words that have been written. Some search returns related to genitals or other vulgar terms are often omitted from autocompletion technologies, as are morbid terms The autocomplete and predictive text technology

4180-493: The amount of capital invested). Venture capital investors sought to reduce the size of commitments they had made to venture capital funds, and, in numerous instances, investors sought to unload existing commitments for cents on the dollar in the secondary market . By mid-2003, the venture capital industry had shriveled to about half its 2001 capacity. Nevertheless, PricewaterhouseCoopers' MoneyTree Survey shows that total venture capital investments held steady at 2003 levels through

4275-412: The bottom of the screen," which eliminates the issue of app switching. Acompli prioritized email messages in order of importance and provides an integrated calendar view. Priority was given to the response rate to a particular contact and emails from frequently replied contacts were termed "Focused" messages. Users were able to delete emails by swiping their dominant thumb from right to left halfway across

4370-461: The business network, these firms are more likely to succeed, as they become "nodes" in the search networks for designing and building products in their domain. However, venture capitalists' decisions are often biased, exhibiting for instance overconfidence and illusion of control, much like entrepreneurial decisions in general. Before World War II (1939–1945) venture capital was primarily the domain of wealthy individuals and families. J.P. Morgan ,

4465-639: The changing conditions, corporations that had sponsored in-house venture investment arms, including General Electric and Paine Webber either sold off or closed these venture capital units. Additionally, venture capital units within Chemical Bank and Continental Illinois National Bank , among others, began shifting their focus from funding early stage companies toward investments in more mature companies. Even industry founders J.H. Whitney & Company and Warburg Pincus began to transition toward leveraged buyouts and growth capital investments. By

4560-405: The company selling shares to the public for the first time in an initial public offering (IPO), or disposal of shares happening via a merger, via a sale to another entity such as a financial buyer in the private equity secondary market or via a sale to a trading company such as a competitor. In addition to angel investing , equity crowdfunding and other seed funding options, venture capital

4655-413: The company's development: Because there are no public exchanges listing their securities, private companies meet venture capital firms and other private-equity investors in several ways, including warm referrals from the investors' trusted sources and other business contacts; investor conferences and symposia; and summits where companies pitch directly to investor groups in face-to-face meetings, including

4750-506: The course of the decade. The growth of the industry was hampered by sharply declining returns, and certain venture firms began posting losses for the first time. In addition to the increased competition among firms, several other factors affected returns. The market for initial public offerings cooled in the mid-1980s before collapsing after the stock market crash in 1987, and foreign corporations, particularly from Japan and Korea , flooded early-stage companies with capital. In response to

4845-403: The current context or namespace , such as names of variables and functions. An example of code completion is Microsoft 's IntelliSense design. It involves showing a pop-up list of possible completions for the current input prefix to allow the user to choose the right one. This is particularly useful in object-oriented programming because often the programmer will not know exactly what members

SECTION 50

#1732782470939

4940-422: The current context. The main advantage of Action completion is the ability to predict anticipated actions. The main disadvantage is the need of a data set. Most common use of Action completion is seen in advanced programming language editors and IDEs . But there are also action completion tools that work globally, in parallel, across all applications of the entire PC without (very) hindering the action completion of

5035-555: The emergence of the independent investment firms on Sand Hill Road , beginning with Kleiner Perkins and Sequoia Capital in 1972. Located in Menlo Park, California , Kleiner Perkins, Sequoia and later venture capital firms would have access to the many semiconductor companies based in the Santa Clara Valley as well as early computer firms using their devices and programming and service companies. Kleiner Perkins

5130-451: The end of the 1980s, venture capital returns were relatively low, particularly in comparison with their emerging leveraged buyout cousins, due in part to the competition for hot startups, excess supply of IPOs and the inexperience of many venture capital fund managers. Growth in the venture capital industry remained limited throughout the 1980s and the first half of the 1990s, increasing from $ 3 billion in 1983 to just over $ 4 billion more than

5225-601: The fastest speed possible by word prediction , a technique used today in Chinese input methods for computers , and in text messaging in many languages. According to Stanford University historian Thomas Mullaney, the development of modern Chinese typewriters from the 1960s to 1970s influenced the development of modern computer word processors and affected the development of computers themselves. There are standalone tools that add autocomplete functionality to existing applications. These programs monitor user keystrokes and suggest

5320-610: The file wasn’t downloaded to the phone." Acompli also had an autocomplete feature. Acompli received mostly positive reception: James Kendrick of ZDNet considered the app a "must-have" for bring your own device scenarios, citing its focused inbox, convergence, and support for both personal and business-oriented e-mail platforms. However, he felt that the calendar was not "fancy", and lacked different view modes. Noting its level of support for Gmail, quicker deletion gesture, along with its "clean approach" to filtering through emails and other content, Engadget argued that Acompli "can be

5415-505: The first half of the 20th century. Only after 1945 did "true" venture capital investment firms begin to emerge, notably with the founding of American Research and Development Corporation (ARDC) and J.H. Whitney & Company in 1946. Georges Doriot , the "father of venture capitalism", along with Ralph Flanders and Karl Compton (former president of MIT ) founded ARDC in 1946 to encourage private-sector investment in businesses run by soldiers returning from World War II. ARDC became

5510-407: The first institutional private-equity investment firm to raise capital from sources other than wealthy families. Unlike most present-day venture capital firms, ARDC was a publicly traded company. ARDC's most successful investment was its 1957 funding of Digital Equipment Corporation (DEC), which would later be valued at more than $ 355 million after its initial public offering in 1968. This represented

5605-551: The first steps toward a professionally managed venture capital industry was the passage of the Small Business Investment Act of 1958 . The 1958 Act officially allowed the U.S. Small Business Administration (SBA) to license private "Small Business Investment Companies" (SBICs) to help the financing and management of the small entrepreneurial businesses in the United States. The Small Business Investment Act of 1958 provided tax breaks that helped contribute to

5700-504: The founders, a good potential to exit the investment before the end of their funding cycle, and target minimum returns in excess of 40% per year, it will find it easier to raise venture capital. There are multiple stages of venture financing offered in venture capital, that roughly correspond to these stages of a company's development. In early stage and growth stage financings, venture-backed companies may also seek to take venture debt . A venture capitalist or sometimes simply called

5795-420: The initial stages of funding for a startup company, typically occurring early in its development. During a seed round, entrepreneurs seek investment from angel investors , venture capital firms, or other sources to finance the initial operations and development of their business idea. Seed funding is often used to validate the concept, build a prototype, or conduct market research . This initial capital injection

SECTION 60

#1732782470939

5890-403: The intended word is included in the list, the writer can select it, for example, by using the number keys. If the word that the user wants is not predicted, the writer must enter the next letter of the word. At this time, the word choice(s) is altered so that the words provided begin with the same letters as those that have been selected. When the word that the user wants appears it is selected, and

5985-411: The investment professionals served as general partner and the investors, who were passive limited partners , put up the capital. The compensation structure, still in use today, also emerged with limited partners paying an annual management fee of 1.0–2.5% and a carried interest typically representing up to 20% of the profits of the partnership. The growth of the venture capital industry was fueled by

6080-551: The investors invest with equal terms; or (2) asymmetric —where different investors have different terms. Typically asymmetry is seen in cases where investors have opposing interests, such as the need to not have unrelated business taxable income in the case of public tax-exempt investors. The decision process to fund a company is elusive. One study report in the Harvard Business Review states that VCs rarely use standard financial analytics. First, VCs engage in

6175-494: The language independent Levenshtein algorithm . The challenge remains to search large indices or popular query lists in under a few milliseconds so that the user sees results pop up while typing. Autocomplete can have an adverse effect on individuals and businesses when negative search terms are suggested when a search takes place. Autocomplete has now become a part of reputation management as companies linked to negative search terms such as scam, complaints and fraud seek to alter

6270-412: The performance of the companies post-IPO, caused a rush of money into venture capital, increasing the number of venture capital funds raised from about 40 in 1991 to more than 400 in 2000, and the amount of money committed to the sector from $ 1.5 billion in 1991 to more than $ 90 billion in 2000. The bursting of the dot-com bubble in 2000 caused many venture capital firms to fail and financial results in

6365-598: The possibility of a few years of extensions to allow for private companies still seeking liquidity. The investing cycle for most funds is generally three to five years, after which the focus is managing and making follow-on investments in an existing portfolio. This model was pioneered by successful funds in Silicon Valley through the 1980s to invest in technological trends broadly but only during their period of ascendance, and to cut exposure to management and marketing risks of any individual firm or its product. In such

6460-665: The possibility of anyone using Exchange." A result of this mandate was the decision to make the app a personal information manager rather than only an email client, integrating a calendar, a list of recent contacts, and a list of recent files from attachments and cloud storage services. Acompli was first released on April 25, 2014 for iOS . An Android version was released in September 2014. On November 26, 2014, an incomplete post on its official blog prematurely revealed that Acompli had been acquired by Microsoft . The acquisition, valued at over $ 200 million (~$ 254 million in 2023),

6555-451: The possible names of things the user may access. Here autocomplete is usually done by pressing the Tab ↹ key after typing the first several letters of the word. For example, if the only file in the current directory that starts with x is xLongFileName, the user may prefer to type x and autocomplete to the complete name. If there were another file name or command starting with x in the same scope,

6650-415: The rate of text entry is because of the increased cognitive load and requirement to move eye gaze from the keyboard to the monitor. In order to reduce this cognitive load, parameters such as reducing the list to five likely words, and having a vertical layout of those words may be used. The vertical layout is meant to keep head and eye movements to a minimum, and also gives additional visual cues because

6745-429: The respective applications. In web browsers , autocomplete is done in the address bar (using items from the browser's history) and in text boxes on frequently used pages, such as a search engine 's search box. Autocomplete for web addresses is particularly convenient because the full addresses are often long and difficult to type correctly. HTML5 has an autocomplete form attribute. In e-mail programs autocomplete

6840-404: The results. Google in particular have listed some of the aspects that affect how their algorithm works, but this is an area that is open to manipulation. Autocompletion of source code is also known as code completion . In a source code editor , autocomplete is greatly simplified by the regular structure of the programming language . There are usually only a limited number of words meaningful in

6935-477: The rise of private-equity firms. During the 1950s, putting a venture capital deal together may have required the help of two or three other organizations to complete the transaction. It was a business that was growing very rapidly, and as the business grew, the transactions grew exponentially. Arthur Rock , one of the pioneers of Silicon Valley during his venturing the Fairchild Semiconductor

7030-413: The risk of financing start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology . Pre-seed and seed rounds are

7125-498: The screen. The mobile app also associated with other cloud storage platforms, including Dropbox , in addition to Google Drive and OneDrive (SkyDrive). Ryan Lawler of TechCrunch stated that Acompli "adds file management and scheduling directly into your inbox". Moreover, "calendaring and location sharing is built right into new email composition." Acompli supported "Microsoft Exchange, Office 365, Google Apps, Gmail, iCloud, Yahoo, Outlook.com, Hotmail, MSN and Live." In order to find

7220-494: The second quarter of 2005. Although the post-boom years represent just a small fraction of the peak levels of venture investment reached in 2000, they still represent an increase over the levels of investment from 1980 through 1995. As a percentage of GDP, venture investment was 0.058% in 1994, peaked at 1.087% (nearly 19 times the 1994 level) in 2000 and ranged from 0.164% to 0.182% in 2003 and 2004. The revival of an Internet -driven environment in 2004 through 2007 helped to revive

7315-466: The sector to decline. The Nasdaq crash and technology slump that started in March 2000 shook virtually the entire venture capital industry as valuations for startup technology companies collapsed. Over the next two years, many venture firms had been forced to write-off large proportions of their investments, and many funds were significantly " under water " (the values of the fund's investments were below

7410-490: The standard capital markets or bank loans . These funds are typically managed by a venture capital firm, which often employs individuals with technology backgrounds (scientists, researchers), business training and/or deep industry experience. A core skill within VCs is the ability to identify novel or disruptive technologies that have the potential to generate high commercial returns at an early stage. By definition, VCs also take

7505-414: The state of the economy. Some argue that the most important thing a VC looks for in a company is high-growth. Autocomplete Autocomplete , or word completion , is a feature in which an application predicts the rest of a word a user is typing. In Android and iOS smartphones , this is called predictive text . In graphical user interfaces , users can typically press the tab key to accept

7600-568: The time of acquisition by Microsoft, Acompli had a relatively small team of 21. Venture capital Venture capital ( VC ) is a form of private equity financing provided by firms or funds to startup , early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for equity , or an ownership stake. Venture capitalists take on

7695-424: The time when all of the money has been raised, the fund is said to be closed and the 10-year lifetime begins. Some funds have partial closes when one half (or some other amount) of the fund has been raised. The vintage year generally refers to the year in which the fund was closed and may serve as a means to stratify VC funds for comparison. From an investor's point of view, funds can be: (1) traditional —where all

7790-481: The user has written them a few times, and can suggest alternatives based on the learned habits of the individual user. The original purpose of word prediction software was to help people with physical disabilities increase their typing speed, as well as to help them decrease the number of keystrokes needed in order to complete a word or a sentence. The need to increase speed is noted by the fact that people who use speech-generating devices generally produce speech at

7885-496: The user would type more letters or press the Tab key repeatedly to select the appropriate text. Although research has shown that word prediction software does decrease the number of keystrokes needed and improves the written productivity of children with disabilities, there are mixed results as to whether or not word prediction actually increases speed of output. It is thought that the reason why word prediction does not always increase

7980-652: The venture capital environment. However, as a percentage of the overall private-equity market, venture capital has still not reached its mid-1990s level, let alone its peak in 2000. Venture capital funds, which were responsible for much of the fundraising volume in 2000 (the height of the dot-com bubble ), raised only $ 25.1 billion in 2006, a 2% decline from 2005 and a significant decline from its peak. The decline continued till their fortunes started to turn around in 2010 with $ 21.8 billion invested (not raised). The industry continued to show phenomenal growth and in 2020 hit $ 80 billion in fresh capital. Obtaining venture capital

8075-466: The venture capital industry in the 1970s and early 1980s (e.g., Digital Equipment Corporation , Apple Inc. , Genentech ) gave rise to a major proliferation of venture capital investment firms. From just a few dozen firms at the start of the decade, there were over 650 firms by the end of the 1980s, each searching for the next major "home run". The number of firms multiplied, and the capital managed by these firms increased from $ 3 billion to $ 31 billion over

8170-544: The venture capitalist "exits" by selling its shareholdings when the business is sold to another owner. Venture capitalists are typically very selective in deciding what to invest in, with a Stanford survey of venture capitalists revealing that 100 companies were considered for every company receiving financing. Ventures receiving financing must demonstrate an excellent management team, a large potential market, and most importantly high growth potential, as only such opportunities are likely capable of providing financial returns and

8265-420: The word is inserted into the text. In another form of word prediction, words most likely to follow the just written one are predicted, based on recent word pairs used. Word prediction uses language modeling , where within a set vocabulary the words are most likely to occur are calculated. Along with language modeling, basic word prediction on AAC devices is often coupled with a frecency model, where words

8360-501: The word length becomes apparent. Although many software developers believe that if the word prediction list follows the cursor , that this will reduce eye movements, in a study of children with spina bifida by Tam, Reid, O'Keefe & Nauman (2002) it was shown that typing was more accurate, and that the children also preferred when the list appeared at the bottom edge of the screen, at the midline. Several studies have found that word prediction performance and satisfaction increases when

8455-503: The word list is closer to the keyboard, because of the decreased amount of eye-movements needed. Software with word prediction is produced by multiple manufacturers. The software can be bought as an add-on to common programs such as Microsoft Word (for example, WordQ+SpeakQ , Typing Assistant, Co:Writer, Wivik, Ghotit Dyslexia), or as one of many features on an AAC device (PRC's Pathfinder, Dynavox Systems, Saltillo's ChatPC products ). Some well known programs: Intellicomplete, which

8550-516: Was Draper and Johnson Investment Company, formed in 1962 by William Henry Draper III and Franklin P. Johnson, Jr. In 1965, Sutter Hill Ventures acquired the portfolio of Draper and Johnson as a founding action. Bill Draper and Paul Wythes were the founders, and Pitch Johnson formed Asset Management Company at that time. It was also in the 1960s that the common form of private-equity fund , still in use today, emerged. Private-equity firms organized limited partnerships to hold investments in which

8645-511: Was invented by Chinese scientists and linguists in the 1950s to solve the input inefficiency of the Chinese typewriter , as the typing process involved finding and selecting thousands of logographic characters on a tray, drastically slowing down the word processing speed. In the 1950s, typists came to rearrange the character layout from the standard dictionary layout to groups of common words and phrases. Chinese typewriter engineers innovated mechanisms to access common characters accessible at

8740-519: Was officially announced on December 1, 2014. Rajesh Jha, vice president of Microsoft's Outlook division, stated that "We’re excited about what’s possible as we build on the app’s success and bring it together with work currently in progress by the Outlook team." Soltero assured users that the Acompli app would not be discontinued, and would continue to receive regular updates. On January 29, 2015, Acompli

8835-559: Was re-branded as Outlook Mobile, uniting it with one of its original influences. The goal of Acompli was for users to be able to experience, on a mobile device, the full email functionality that a desktop computer normally provides. This mobile application's "innovation is its focus on bringing multiple features like calendaring, contacts, and file management into the application to ease the pain of application switching." Engadget reported that Acompli featured "three integrated hubs: "Calendar," "Files" and "People," each with its own tab at

8930-549: Was the first venture capital firm to open an office on Sand Hill Road in 1972. Throughout the 1970s, a group of private-equity firms, focused primarily on venture capital investments, would be founded that would become the model for later leveraged buyout and venture capital investment firms. In 1973, with the number of new venture capital firms increasing, leading venture capitalists formed the National Venture Capital Association (NVCA). The NVCA

9025-401: Was to serve as the industry trade group for the venture capital industry. Venture capital firms suffered a temporary downturn in 1974, when the stock market crashed and investors were naturally wary of this new kind of investment fund. It was not until 1978 that venture capital experienced its first major fundraising year, as the industry raised approximately $ 750 million. With the passage of

#938061