Mark Zuckerberg and Priscilla Chan get all the press, but they're hardly Silicon Valley's only pair with ten figures between them. Dropbox's twentysomething CEO Drew Houston just became a billionaire — and we hear he didn't reach that milestone alone.
The new tech millionaires yearn to legitimize their wealth. They swear they're better than those year 2000 dot-com scamsters. They're basically poor people, see, but with humongous bank accounts — and an endless need to brag about their modest lifestyles.
Sean Parker and Dustin Moskovitz have donated a total of $170,000 to support California's Proposition 19 to legalize marijuana. In so doing, the old friends of Facebook CEO Mark Zuckerberg have become two of pot legalization's best friends.
Facebook is fun to use. But it's not a fun place to work — as confirmed by the defection of Net Jacobsson, a key executive in Facebook's effort to cash in on your life online.
When I got an unauthorized invite, via a tipster, to Dave Morin's birthday party Tuesday night, I knew I had to crash — if only to find out what he and his friends were thinking. Morin, you see, is a Facebook employee and a prime instigator of Camp Cyprus, the gang of Internet instigators whose shockingly fun video…
The great hope of the Valley, the startup everyone thought was the next Google, the company whose IPO might restart the stock-market gold rush for everyone, is not well. Why? Look to its founder. Mark Zuckerberg is mismanaging his creation's transition to greatness. In Facebook's own parlance, the company's plight is…
When he announced his cofounder and college roommate Dustin Moskovitz's departure from Facebook, CEO Mark Zuckerberg didn't say what he would be up to. But in a separate email leaked to Valleywag, Moskovitz hints at his plan: With fellow engineer Justin Rosenstein, who's also leaving the company, he hopes to create…
CEO Mark Zuckerberg has just informed Facebook's staff that his long-restive cofounder, Dustin Moskovitz, is leaving the company. Adding to the blow: Moskovitz, left, is taking with him Justin Rosenstein, right, a top engineer who was one of the first employees Facebook poached from Google as it began its tumultuous…
Officially, Facebook is treating the onslaught of viruses piggybacking on the social network's popularity as a very, very serious matter. We're talking Sheryl Sandberg serious. Facebook's press statement reads: "We are investigating every report, removing false content, blocking bogus links and addressing the…
From a tipster: Omnipresent Facebook evangelist Dave Morin shows up at his company's impromptu toga party to celebrate the social networks' 100 millionth user. To the left, CEO Mark Zuckerberg; on the right, togaless Facebook cofounder Dustin Moskovitz. Can you think of a better caption? Leave your suggestion in the…
The Facebook Prom was prophetic, signaling farewells, graduation, and the ending of teenage ties. As his colleagues were preparing to dance the night away at the Metreon, CTO Adam D'Angelo, a high school buddy of CEO Mark Zuckerberg, was saying his farewells. BoomTown reports that D'Angelo, 23, is leaving the company
Web 2.0 Expo this week persuaded that not only was Web 2.0 over, but saying it was over was over. To celebrate other Internet clichés, the 250 — that is to say, the 250 people on the Internet who matter to the 250 — decamped for ROFLcon in Massachusetts. Thank goodness, because some of us had actual work to do.…
We know what Facebook cofounders Mark Zuckerberg, Dustin Moskovitz and Chris Hughes are up to. Zuck lets COO Sheryl Sandberg run most of the company now while he plays industry visionary; Moskovitz is hiding from Valleywag's fearsome scrutiny; and Hughes is busy spamming your inbox with updates from Obama campaign…
Dustin Moskovitz, Mark Zuckerberg's Harvard roommate, recently stopped speaking to him. This has made things awkward at Facebook's Palo Alto campus, as Moskovitz is the last reminder walking around that Zuckerberg was not Facebook's sole founder. The two have resumed talking, but Moskovitz, seeking to dissociate…
Facebook lawyers want to bar Aaron Greenspan, a Harvard chum of Facebook founder Mark Zuckerberg, from marketing his new book, Authoritas: One Student's Harvard Admissions and the Founding of the Facebook Era. Their rationale: It uses the company's trademarked name improperly in the title. But their real goal is…
We were wrong about the identity of the Viking-clad Facebook founder living it up on Friday night. It wasn't Sean Parker, who, we hear, is in Spain. (Sorry about that, Sean!) VentureBeat claims it was Dustin Moskovitz, Facebook's VP of engineering and one of the three official Facebook cofounders. The person in…
Facebook cofounder Dustin Moskovitz took some time to rehearse his Wednesday morning keynote at the CTIA Wireless conference at San Francisco's Moscone Center. No surprises are likely: Moskovitz's presentation, of which you're getting a sneak preview, will talk up Facebook's "unprecedented growth." Executives and…
Founders never share power willingly, gracefully, or for very long. That's a lesson that Facebook's Owen Van Natta should have learned at the knee of Jeff Bezos, when Van Natta was an executive at Amazon.com. Instead, though, he's been schooled in it by Facebook CEO Mark Zuckerberg, who just demoted Van Natta from COO…
