Hayley Barna just became the first female GP in First Round’s historyFounder turned investor Hayley Barna is now a general partner with the early-stage venture firm First Round Capital. The appointment comes roughly one-and-a-half years after Barna — who cofounded the seven-year-old Birchbox, a start-up that mails monthly packages of beauty samples to subscribers — joined First Round as a venture partner. Barna is based in New York and focused largely on e-commerce opportunities. Barna is among few female investors that First Round has brought into the fold. Christine Herron, a director at Intel Capital, spent a couple of years as a principal with the firm earlier in her career. CeCe Chang formerly spent two years as director of First Round’s Dorm Room Fund and worked as a junior member of its investing team for a year before that. Barna had stepped down from her role as co-CEO of Birchbox, which is a First Round portfolio company, in 2015. Her cofounder, Katia Beauchamp, has been steering the company since. [ Tech Crunch ] These are Uber’s new ‘cultural norms’At Uber’s all-hands meeting today, CEO Dara Khosrowshahi announced the transportation company’s new “cultural norms,” which includes values like “We build globally, we live locally” and “We do the right thing. Period.” In a LinkedIn post this morning, Khosrowshahi noted that Uber’s old value of “toe-stepping,” for example, was meant to encourage people to share their ideas regardless of their position, “but too often it was used as an excuse for being an asshole.” [ Tech Crunch ] Fashion forward: Stitch Fix set for massive valuation gain in IPOStitch Fix, a delivery service that uses data science and human stylists to deliver personalized boxes of clothing, shoes and accessories to its customers, has set terms for its high-profile IPO. The offering will consist of 10 million shares—including 1 million from chief executive Katrina Lake, who is selling about 7% of her stake—with an expected price range of $18 to $20, according to an SEC filing. Beyond Twitter and Facebook: A closer look at Yuri Milner's investmentsOver the weekend, documents dubbed the Paradise Papers were leaked, pointing to a connection between Russian billionaire venture capitalist Yuri Milner and the Russian government. Milner's Hong Kong-based VC firm, DST Global, received money from Russian-government backed VTB Bank and Gazprom, capital it used to invest in Facebook and Twitter, per reports on the newly released documents. How 2 Millennials Are Disrupting the $400 Billion Used Equipment IndustryDan Pinto and Dmitriy Rokhfeld go way back. The duo met in middle school playing video games and the entrepreneurial spirit already existed. Says Rokhfeld, "We realized there was a market to sell virtual items for Diablo 2 on Ebay. That was our first business. We sold a few hundred dollars' worth and thought we discovered what we wanted to do for the rest of our lives -- play video games and make money." From there, they collaborated on a number of ventures that helped perfect their e-commerce and user acquisitions skills, before parting ways to go to college. [ Inc. ] Waymo to announce driverless taxi service today Alphabet's autonomous car company, Waymo, plans to announce later today that "its first commercial product will be a driverless taxi service" in Phoenix, according to Ars Technica. Why it matters: Car companies like Volvo, BMW, Tesla, and more have been racing to be the first provider of fully autonomous vehicles. Google decided that instead of selling autonomous vehicles, it would "build a taxi service" designed to be driverless. The service will initially navigate only a part of Phoenix's metropolitan area, per Ars Technica, and eventually expand elsewhere. Waymo chose Phoenix because of its frequent warm and sunny weather which is easier for autonomous cars to navigate. [ Axios ] Former Yahoo CEO Marissa Mayer has been subpoenaed to testify to Congress about the company’s 2013 security breachSenate lawmakers quietly subpoenaed former Yahoo CEO Marissa Mayer in October in order to compel her to testify before a key committee that’s investigating a 2013 security breach at the tech giant that has affected three billion of its users. Initially, Mayer’s representatives declined to make her available to appear before the powerful Senate Commerce Committee, which is set to convene a hearing on Tuesday that explores the attack on Yahoo as well as a separate, later 2017 incident at credit-monitoring agency Equifax, which affected more than 145 million Americans. [ Re/Code ] #ASKJASON: From Patty: "How can founders best create diversity in teams?"SILICON VALLEY NEEDS TO CHANGE HOW IT TREATS WORKING MOTHERSOver and over, Emily Holtz Patterson heard the same questions when she started looking for work a few months after the birth of her second daughter: “So, I see this gap on your resume… " “Are you sure you want to come back? Are you sure you want to go back to work?" “Tech changes so fast. How are you going to keep up?” Patterson has a degree in management information systems and 10 years of tech industry experience; it had never taken her more than six weeks to find a job. But for the first time in her career, she was sending out volleys of job applications, and getting only a handful of screening calls in return. When she did interview, she found herself repeatedly answering the same question: what was this mysterious gap on her résumé? [ The Verge ] China's Raging Fintech Boom on Verge of Minting Two BillionairesNew Venture Capital Firm Bullish on Future of Europe’s Ed-Tech MarketDiscuss: Why investors should pay more attention to sextechIntersection raises $150 million for the global expansion of its free Wi-FiSilicon Valley incubator Y Combinator to back 18 Indian startups this year |