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<p>Carmakers' aim: avoid being the next Nokia, tech companies hail Supreme =ourt patent ruling, and a chat with Revolution's Murray</p>
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<p>Welcome back to the second of a two-part special edition of the Challeng= Cup
newsletter! You’re receiving this because you’re signed up for =hallenge Cup’s
email list and we wanted to do a little something special with Axios to sig=al the start
of this year’s Challenge Cup events.</p>
<p>1776’s Challenge Cup, produced in partnership with Revolution, bri=gs together
startups from around the world poised to solve complex challenges in regula industries
and emerging technologies. Over the past four years the program has gone to=over 60 cities
across six continents; 4,000 startup applicants; and 1,800 pitches globally=while deploying
over $1 million in capital.</p>
<p>Congratulations to Mobile Passport, the winning startup in last night&rs=uo;s Challenge Cup.
1776 and Revolution wish you good luck as you advance to the Challenge Cup =inals in November.
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<p> </p><span class="main-header" style="font-size: 44px; font-fam=ly: 'gorditamedium', Arial, Helvetica, sans-serif; color: #008dc8; letter-=pacing: -1px; line-height: 1;">Login</span>
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<span class="bodytext" style="font-size: 13px; color: #222222; font-fa=ily: 'gorditamedium', Arial, Helvetica, sans-serif; ">By Ina Fried = <span style="margin: 0 6px;">·</span>May 23, 2017</spa=>
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Ina Fried from Axios here. Thanks again for letting me in your inbox. We ho=e you are enjoying Login. A friendly reminder that if you want to keep get=ing Login you HAVE to <strong><a href="http://link.axios.com/sc/5922d7d12a4689d5edf3a5rgei.ezi/bc75e305?lists[]=newsletter_axioslogin">sign-up=here</a></strong>. If not, this is goodbye, and we hate goodbyes.
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<span class="bodytext hed" style="font-size: 27px; font-family: 'gordit=medium', Arial, Helvetica, sans-serif; color: #222222; letter-spacing: -0.=px; line-height: 1.5;">
Marc Andreessen voices the car industry's big fear: becoming Nokia
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<p>The biggest concern among many carmakers isn't that they will lose groun= to an auto industry rival. It's that all the companies that build cars wi=l become like the companies that manufacture cell phones: hollowed-out she=ls that cede most of the value to software makers like Apple and Google.</=><p>"Car CEOs, the new generation, they're all working on this," venture c=pitalist Marc Andreessen <a href="http://link.axios.com/click/9679050.19"/aHR0cHM6Ly93d3cuYmxvb21iZXJnLmNvbS9uZXdzL2F1ZGlvLzIwMTctMDUtMTkvaW50ZXJ=aWV3LXdpdGgtbWFyYy1hbmRyZWVzc2VuLW1hc3RlcnMtaW4tYnVzaW5lc3MtYXVkaW8_dXRtX3=vdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0Z=JfYXhpb3Nsb2dpbg/5922d7d13f92a4689d5edf3aB8838d362" target="_blank">told=Bloomberg View</a>. "They're spending a lot of time out here and they're s=ending a lot of time with us. But literally, the way they frame that quest=on is, 'We, existing car company, do not want to be the Nokia of cars.' "<=p><p>It's definitely an outcome that worried <a href="http://link.axios.=om/click/9679050.19422/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2ZvcmQtaXMtcmVwbGFjaW5=LWNlby1tYXJrLWZpZWxkcy13aXRoLWF1dG9ub21vdXMtZHJpdmluZy1jaGllZi1qaW0taGEtMj=xNzUwNTM3My5odG1sP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0b=9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zbG9naW4/5922d7d13f92a4689d5edf3aBb23a191=" data-linked-post="2417505373">just-ousted Ford CEO Mark Fields</a>. In=a <a href="http://link.axios.com/click/9679050.19422/aHR0cHM6Ly93d3cucmVRlLm5ldC8yMDE1LzQvMzAvMTE1NjIwNzYvZm9yZC1jZW8td2Utd29udC10YWtlLWEtYmFjay=zZWF0LXRvLWdvb2dsZS1hbmQtYXBwbGU_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpd ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbg/5922d7d13f92a4689^df3aB2d9aab0e" target="_blank">2015 interview</a> Fields told me he wo=ried about ceding too much room in the car to Apple and Google.<br></p><p>=At the end of the day we don't want to end up as the handset business," he=said.</p><p>Ina has more <a href="http://link.axios.com/click/9679050.19"/aHR0cHM6Ly93d3cuYXhpb3MuY29tL21hcmMtYW5kcmVlc3Nlbi12b2ljZXMtdGhlLWNhci1=bmR1c3RyeXMtYmlnLWZlYXItYmVjb21pbmctbm9raWEtMjQxODIxMTg5MS5odG1sP3V0bV9zb3=yY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyXaW9zbG9naW4/5922d7d13f92a4689d5edf3aB66f5e838" target="_blank">here</a=.</p>
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Revolution's Murray on impact of Snap IPO, SoftBank's VisionFund
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<p>Daniel Swartz</p>
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<p>Steve Murray spent 20 years at SoftBank before joining Revolution last y=ar. He and Kim chatted onstage last night during the D.C. kickoff event fo= 1776's 75-city Challenge Cup. Here are a couple of highlights:</p><p><str=ng>On the impact of Snap's IPO:</strong></p><blockquote>"From what I hear =rom folks in the investment banking community, it has led to a pipeline th=t is moving through the system (and) they expect the second half of this y=ar to have a lot more activity on the tech IPO front. As companies mature =nd get bigger, to the extent there are not a lot of chances to go public buse of market conditions, it changes the dynamic with respect to buyers.=If you have a credible threat to take a company public, it gives more balad leverage to the company when they're having discussions about being ac=uired by someone else or going public."<br><br></blockquote><p><strong>On =oftBank's new $93 billion VisionFund:</strong></p><blockquote>"You can't t=lk about anything with respect to Softbank without Masayoshi Son. If you t=ink about what he's trying to do, he's trying to find the next Alibabas, i= you will\u2026. Masa is a huge believer in technology. He sees huge op=ortunities going forward. He's created this fund to have patient capital t=at doesn't have quite the same demands (for quick) return...They're going =o have to find certain companies that can take the kind of capital they ca= deploy \u2014 $250 million will be a small check for them. I think it =ill be a challenge to deploy that. If it was being managed by someone othe= than Masa, I'd bet against it perhaps, but I wouldn't bet against him."</=lockquote><p>Kim has more <a href="http://link.axios.com/click/9679050.1B2/aHR0cDovL3JibC5tcy8ycnZ6cGs2P3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaX=tPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zbG9naW4/5922d7d13f92a4689^df3aBa1de6fd7" target="_blank">here</a>. </p><p><strong><br></strong><=p>
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Facebook drives lifestyle news traffic while Google boosts business and spo=ts
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<p>Data: Parse.ly; Chart: Lazaro Gamio / Axios</p>
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<p>Facebook and Google, which together drive <a href="http://link.axios.c=m/click/9679050.19422/aHR0cHM6Ly93d3cucGFyc2UubHkvcmVzb3VyY2VzL2RhdGEtc3R1=Gllcy9yZWZlcnJlci1kYXNoYm9hcmQvP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXV=PWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zbG9naW4/5922d7d13f92a4689df3aB6b628d4e" target="_blank">the majority</a> of web traffic on the i=ternet, send traffic to different topics, <a href="http://link.axios.com=click/9679050.19422/aHR0cHM6Ly9wYXJzZS5seS9yZXNvdXJjZXMvZGF0YS1zdHVkaWVzL2 Ghvcml0eS1yZXBvcnQtMTM_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1ha=wmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbg/5922d7d13f92a4689d5edf3aBe1ea0" target="_blank">research</a> from digital analytics company Par=e.ly shows. Facebook overwhelmingly drives lifestyle and entertainment new= traffic, while Google largely drives business, tech and sports news traff=c. When it comes to politics, Facebook is more likely to refer readers to =residential political stories, while Google is more likely to refer to sto=ies about state and local politics, Sara <a href="http://link.axios.com/=lick/9679050.19422/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2hvdy1nb29nbGUtYW5kLWZhY2V9rLWRyaXZlLWludGVybmV0LXRyYWZmaWMtYnktdG9waWMtMjQxNzkyNzgwNy5odG1sP3V0bV=zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0d=VyX2F4aW9zbG9naW4/5922d7d13f92a4689d5edf3aB058fe8c4" target="_blank">rep=rts</a>.</p><p><strong>Why it matters:</strong> The combined size of Googl= and Facebook make nearly it nearly impossible for web publishers to reach=an audience without their help. But even though they rely on them for traf=ic, <a href="http://link.axios.com/click/9679050.19422/aHR0cHM6Ly9kaWdpd=FsY29udGVudG5leHQub3JnL3dwLWNvbnRlbnQvdXBsb2Fkcy8yMDE3LzAxL0RDTi1EaXN0cmli=XRlZC1Db250ZW50LVJldmVudWUtQmVuY2htYXJrLVJlcG9ydC0yMDE3LnBkZj91dG1fc291cmN=PW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heG=vc2xvZ2lu/5922d7d13f92a4689d5edf3aB5fac3a91" target="_blank">research</a= from Digital Content Next, the trade association that represents premium =ublishers, finds that platforms drive just 14% of revenue.</p>
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Supreme Court ruling in patent case means fewer trips to Texas
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<p>Historically, companies seeking to make patent infringement claims have =locked to Tyler, Texas, which is home of the federal court for the Eastern=District of Texas. That court, home to a third of all patent suits last ye=r, was seen as having rules particularly friendly toward those filing suit= However, a Supreme Court ruling on Monday tightened the rules on where pa=ent claims can be filed. </p><p>"The Supreme Court's unanimous decision se=ds a strong message to patent trolls: knock it off," Consumer Technology A=sociation CEO Gary Shapiro said in a statement, echoing similar sentiments=from all the big tech industry trade groups (ACT, CCIA, BSA, etc.). "Now s=all and medium-sized businesses have a fairer chance of fighting against b=gus patent extortion attempts."<br></p><p><strong>The bottom line:</strong= Now suits will have to be filed in places where the defendants do substan=ial business or are incorporated. So what the high court has taken away fr=m Texas tourism may be given to our nation's first state, Delaware, where =any businesses are incorporated.</p><p>For more industry reaction, check o=t <a href="http://link.axios.com/click/9679050.19422/aHR0cDovL3d3dy5pcHd=dGNoZG9nLmNvbS8yMDE3LzA1LzIyL2luZHVzdHJ5LXJlYWN0aW9uLXNjb3R1cy1wYXRlbnQtdm=udWUtZGVjaXNpb24tdGMtaGVhcnRsYW5kLXYta3JhZnQtZm9vZC1ncm91cC9pZD04MzUxOC8_d=RtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3Ns=XR0ZXJfYXhpb3Nsb2dpbg/5922d7d13f92a4689d5edf3aB48bdd5fa" target="_blank"=this post from IPWatchdog</a>.</p>
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Take note
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<p><strong>On tap:</strong> The JP Morgan Technology Media and Telecom Conf=rence continues through Wednesday in Boston...Postmates CEO Bastian Lehman= testifies before the House Energy & Commerce's digital commerce subco=mittee at a hearing on the <a href="http://link.axios.com/click/9679050.22/aHR0cHM6Ly9lbmVyZ3ljb21tZXJjZS5ob3VzZS5nb3YvaGVhcmluZ3MtYW5kLXZvdGVzL=hlYXJpbmdzL2Rpc3J1cHRlci1zZXJpZXMtZGVsaXZlcmluZy1jb25zdW1lcnM_dXRtX3NvdXJj=T1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhNsb2dpbg/5922d7d13f92a4689d5edf3aB0aed0d48" target="_blank">impact of =n-demand platforms and automation</a> on delivery services.</p><p><strong>=rading places:</strong> Twitter hired former Bloomberg video executive Tod= Swidler to <a href="http://link.axios.com/click/9679050.19422/aHR0cHM6Ld3cucmVjb2RlLm5ldC8yMDE3LzUvMjIvMTU2NzY3MjIvdHdpdHRlci1saXZlLXZpZGVvLWV4=WN1dGl2ZS10b2RkLXN3aWRsZXI_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1=aWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbg/5922d7d13f92a4689d5edf3e44b057" target="_blank">run the company's live video partnership effo=ts</a>...Coleman Mehta has joined Palo Alto Networks as senior director fo= U.S. Policy, having served as legislative affairs director at the Nationa= Security Council under both the Trump and Obama administrations...Java cr=ator James Gosling is <a href="http://link.axios.com/click/9679050.19422=aHR0cHM6Ly92ZW50dXJlYmVhdC5jb20vMjAxNy8wNS8yMi9hd3Mtc2lnbnMtamF2YS1mYXRoZX=tamFtZXMtZ29zbGluZy8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmd=RtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbg/5922d7d13f92a4689d5edf3aB515a6" target="_blank">joining Amazon's AWS</a> as a distinguished enginee=; Also joining AWS is Richard Kerris, a tech industry veteran who has prev=ously worked at Apple, HP and Nokia, among other companies.</p><p><strong>=CYMI:</strong> Twitter has <a href="http://link.axios.com/click/9679050.22/aHR0cHM6Ly93d3cuYXhpb3MuY29tL3R3aXR0ZXItaGFzLWtpY2tlZC1hcm91bmQtaWRlY=1vZi1wYWlkLXNlcnZpY2UtMjQxODAyODAzNS5odG1sP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1=G1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zbG9naW4/5922d7d?92a4689d5edf3aB15484baf" data-linked-post="2418028035">"kicked around"=the idea of a paid premium service</a>, CEO Jack Dorsey said at the compan='s annual shareholder meeting...CNET looks at the increasingly common Sili=on Valley practice of <a href="http://link.axios.com/click/9679050.19422=aHR0cHM6Ly93d3cuY25ldC5jb20vbmV3cy9lZ2ctZnJlZXppbmctc28taG90LXJpZ2h0LW5vdy=_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld=NsZXR0ZXJfYXhpb3Nsb2dpbg/5922d7d13f92a4689d5edf3aBe128f98c" target="_bla=k">offering egg freezing as part of company benefits</a>. </p>
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<p>There was once a Monty Python video game. Dubbed Monty Python's Complete=Waste of Time, it came out in 1994 for Mac, Windows, and DOS. You can stil= <a href="http://link.axios.com/click/9679050.19422/aHR0cHM6Ly93d3cuYW1h=m9uLmNvbS9Nb250eS1QeXRob25zLUNvbXBsZXRlLVdhc3RlLVRpbWUvZHAvMTg4Nzg4OTAwMD9=dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2=ldHRlcl9heGlvc2xvZ2lu/5922d7d13f92a4689d5edf3aB45fb9c85" target="_blank"=buy a copy from Amazon</a>, or check out <a href="http://link.axios.com/=lick/9679050.19422/aHR0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g_dj1aWDFJek5Mb2Y=MCZ1dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bm<2xldHRlcl9heGlvc2xvZ2lu/5922d7d13f92a4689d5edf3aB9c05a8df" target="_bl=nk">this YouTube video</a> to see the gameplay in action.</p>
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