All posts by Dylan Tweney

$232 Million: Tezos Blockchain Project Finishes Record-Setting Token Sale

Former Tweney Media client Tezos just had the most successful fundraising event for a new blockchain technology ever held.

Tweney Media helped Tezos with content and PR from approximately November through May of this year, leading to coverage in Wired, Coindesk, and other publications; we also helped them produce their intro video.

The success of their fundraising is due entirely to the brilliance of the founding team, however. Tezos has a uniquely compelling model for self-governance, and implements smart contracts through a new, carefully built language they call Michelson.

From a recent writeup of the fundraising event on Coindesk:

At close, Tezos had netted 65,627 BTC (worth roughly $156m at current prices) and 361,122 ETH (worth about $76m). The crowdsale, which didn’t have a cap on the total amount of tokens sold, began on July 1, and was timed with the passage of 2,000 transaction blocks on the bitcoin network.The total represents the most collected via an ICO to date, topping the amount raised by Bancor, a platform for launching new blockchain tokens, which raised $150m at then-current prices in mid-June.

At its heart, Tezos tackles the question of governance and development in the context of a decentralized network composed of different entities with possibly varying incentives and goals. The project has been described in the past as a “self-amending” blockchain, given that one of its central concepts is the ability for network-wide changes to be decided upon at the protocol level by stakeholders.

In a conversation with CoinDesk earlier this year, Tezos co-founder and technology chief Arthur Breitman explained that those mechanics would act as a kind of “rule of law” that could work to prevent conflicts like the ethereum blockchain split following the collapse of the smart-contract funding vehicle The DAO last summer.

He told CoinDesk in February: “What we’re trying to bring, in some sense, is a rule of law that is, OK, if we have to have these changes because the network needs to evolve, at least we need to have a clear, decentralized procedure for making those changes.”

Source: $232 Million: Tezos Blockchain Project Finishes Record-Setting Token Sale – CoinDesk

Advancing Automation Means Humans Need to Embrace Lifelong Learning

Jeremy Auger, the chief strategy officer for Tweney Media client D2L, wrote a piece that appeared in Entrepreneur this week:

With the advancement of artificial intelligence technologies, automation is still replacing humans, only it’s now happening the cognitive space as well as the physical one.

…According to University of Oxford researchers, 47 percent of workers may  be at risk of losing their jobs to automation, in particular those in mid-skilled retail jobs, and office workers like cashiers and telemarketers. A recent McKinsey report predicted that a smaller percentage of jobs would be at risk of being completely replaced by machines, but pointed out that the majority of jobs would see some of their tasks replaced by automation.

In other words, we’re all going to feel the impact of AI in some way. And our skills aren’t keeping pace.

Read the rest: Advancing Automation Means Humans Need to Embrace Lifelong Learning

A Deep Dive into Hexadite’s Founding, Growth, and Acquisition by Microsoft 

Yoav Leitersdorf just published a long read about Hexadite’s startup journey, from its founding three years ago to last week’s acquisition by Microsoft. It’s not often you get to see so much of a startup’s inside story.

Since we were there from the earliest days, we’d like to share some anecdotes and insights that show how special this team is. We also want to share this story so other entrepreneurs can see more of what goes on behind the scenes at a successful enterprise technology startup. Starting a company can be a long journey filled with challenges of all kinds. It helps to understand what is really happening, not just what gets written about in the news after a funding round or an acquisition closes.

Read the rest: A Deep Dive into Hexadite’s Founding, Growth, and Acquisition by Microsoft | Yoav Leitersdorf | Pulse | LinkedIn

After a cyberattack, companies remain vulnerable. What CIOs can do to protect their brands

In this column, ValiMail CEO Alexander García-Tobar discusses an aspect of security crisis communications that most companies overlook: Making sure that customers can actually trust the emails that the recently breached company is trying to send them.

In light of the recent OneLogin and DocuSign security breaches, that’s particularly pertinent, he writes:

Here’s a security scenario that’s all too common: A company suffers from a cyberattack, then responds to it promptly and alerts its customers, warning them to change their passwords. But the company remains vulnerable through the very means it uses to alert those customers: Email. In fact, attackers can exploit that vulnerability using email that pretends to be a security warning from the company, targeting customers and wreaking even more damage.

Keep reading: After a cyberattack, companies remain vulnerable. What CIOs can do to protect their brands | CIO

Ransomware Outbreak Underscores the Need for Increasingly Essential Cybersecurity Practices | Security Magazine

Hacker says: Pay

ValiMail CEO Alexander García-Tobar takes a hard look at the root cause of the recent ransomware scare known as WannaCry.

The ransomware crisis that swept the world last month highlights what we’ve known for years: The global IT infrastructure is incredibly vulnerable. …

However, media coverage of the attack has largely overlooked how this malware gets onto a computer in the first place. These attacks were almost certainly initiated by phish emails, and the recommendations to prevent WannaCry from the U.S. Computer Emergency Readiness Team (US-CERT) confirm this.

The risk from phishing attacks can be greatly mitigated using proven email authentication standards that are supported by the world’s largest senders of email. But most enterprises have not yet implemented email authentication.

Read the whole story: Ransomware Outbreak Underscores the Need for Increasingly Essential Cybersecurity Practices | 2017-05-31 | Security Magazine

The South Ender Spring 2017 Newsletter

We took on the challenge of redesigning and editing the quarterly print newsletter of the South End Rowing Club, a nonprofit athletic club in San Francisco that was founded in 1873.

The club offers swimming, handball, running, and rowing, as well as a beautiful, new gym and a new women’s locker room. Dylan has been a member since 2016 and was approached about taking the helm of the newsletter earlier this year, as a pro bono project.

We worked with a designer in Los Angeles to redesign the newsletter, creating a fresh new layout that would feature photos more prominently and allow inclusion of more and longer stories, while preserving readability. Simultaneously, we sourced articles from a large cross section of the membership, edited them, selected images, and organized everything into a single 24-page issue. Copy editor Kim Hedges ensured everything was free of typos and grammatical problems.

The end result has been getting rave reviews from the South End membership and its president.

2017.05 South Ender_color Spring 2017 (pdf)

Video: Introduction to Tezos

Tezos is an all-new smart contract platform built with security and future growth in mind. Its code is built to facilitate formal (mathematical) verification, and governance is built into the Tezos protocol itself. The platform is currently active on a test network and is preparing for fundraising event in June.

Tweney Media helped Tezos with its early messaging and media outreach, leading to coverage in WIRED as well as contributed articles in TechCrunch, Coindesk, and elsewhere.

We also scripted and produced this 2-minute explainer video starring the Tezos cofounders, with a combination of in-studio shots and animation.

Note: This is the second blockchain startup Tweney Media has done extensive work for. The previous one was Cosmos, for which we did message and media outreach around its public launch at International Blockchain Week in Shanghai during September 2016; we also scripted and executive-produced the introduction to Cosmos video. Cosmos went on to raise $17M in 5 minutes in its initial coin offering.

The Tezos founders are smart, dedicated, and have a great set of ideas about how to make blockchains and smart contracts work better. We wish them the best of luck in their fundraiser and beyond.


To stop future ransomware hacks, CIOs first need to ‘swat the mosquitoes’

Imagine if health officials, after discovering that the Zika virus was spreading rapidly across the globe, only focused on human-to-human transmission of the virus, and never mentioned the mosquitos that were actually the main cause of the virus.

In the case of the malicious WannaCry hack, reports vary as to the original source — we may never know.  But in the majority of infections, the “mosquitos” are the email messages — specifically, phish or spam — that appear to be a message you’d be interested in from someone you trust, but are in fact fraudulent messages sent by hackers.

Continue reading: To stop future ransomware hacks, CIOs first need to ‘swat the mosquitoes’ | CIO

Tech companies overlook a key CEO talent pool: Sales

Only 8 percent of the CEOs nation’s 100 largest tech firms have primary backgrounds in sales, and less than 30 percent of them have any sales experience at all.

“Companies are missing an important pool of top talent to consider for the CEO role,” says Rick Sklarin, senior client partner in Korn Ferry’s Global Technology practice and author of the report, “From sales executive to CEO: lessons on the journey.”

Tweney Media helped Korn Ferry produce this in-depth, 12-page white paper, and the result is pretty slick. Check it out on Korn Ferry’s website.

We’ll only run out of jobs if the world runs out of problems to solve

We don’t have a jobs issue, we have a skills issue and a geography issue, argues Stephane Kasriel, the CEO of Tweney Media client Upwork.

In this contributed article, which appeared on Quartz, Kasriel takes on the mismatch of skills between companies and would-be workers, and suggests a possible solution: Companies need to start looking for talent beyond their immediate, urban-core headquarters.

Our workforce is going through unprecedented change. You can see the results of this change in the headlines every day: old jobs becoming obsolete, factories closing, companies moving divisions to lower cost areas, and voters reacting with frustration and anger. At the same time, innovation is progressing faster than ever in an attempt to keep up with the world’s problems and their necessary solutions.

Read the rest: We’ll only run out of jobs if the world runs out of problems to solve