"Valleyfreude," is a brilliant piece of work, and I'm not just saying that because its lyrics prominently mention this humble gossip rag. No, I love it because it speaks a truth about Silicon Valley: People are supposed to embrace failure as part of the startup process, but in reality, they love making fun of the losers.
Speaking the truth, of course, is a dangerous activity. Especially if your company is about to go public. The SEC frowns on any truth-telling that goes on outside the formal bounds of an S-1 prospectus.
Jayne, née Zuckerberg, has actively tried to mask her identity; back in February, she declined to give her last name to NewTeeVee's Liz Gannes, who apparently didn't press the matter. (Ace reporting, Gannes!) But if it's a secret, it's an extremely poorly disguised one.
And that makes "Valleyfreude," whose lyrics mock Facebook competitor Friendster and profanely brag about how Facebook rejected a $1 billion buyout offer from Yahoo, a dangerous document for SEC regulators to see. Luckily for them, unluckily for Facebook, "Valleyfreude" has spread beyond Jayne's reach, thanks to the wonders of viral video. Here's a replay, courtesy of