Silicon Valley Housing Crisis Is Creating Economic Bizarro-Land
How bad is the housing crisis in California? So bad that cities are actively trying to stop the creation of new jobs, because they don’t have anywhere to house the people.
Theranos Founder Elizabeth Holmes' Net Worth Was Always a Load of Crap
This morning, Forbes made a big announcement. Tech darling Elizabeth Holmes—the founder of the disgraced blood-testing firm Theranos—is no longer a multi-billionaire. Instead, Forbes estimates, she’s now worth “nothing.” This is a delicious scoop of schadenfreude, but it’s one that nonetheless obscures that Holmes was…
Silicon Valley Titan Peter Thiel Is Now a Trump Supporter
The outspoken venture capitalist who took Facebook into the big-time is now on Team Trump, and will serve as a delegate for the campaign during the GOP convention this summer. This may not even be his worst idea.
Snake Oil Biotech CEO Will Fundraise for Hillary
Last October, the Wall Street Journal popped the reputation of Theranos, a much buzzed-about biotech startup that claimed to have revolutionized blood testing. As it turned out, their claims were not true—they simply hadn’t done what they’d claimed they’d done. Now, the mildly disgraced firm’s CEO is stumping for the…
Silicon Valley Loves Bernie Sanders
Almost half of the top 20 employers whose workers contributed to the Sanders campaign last year were companies in Silicon Valley, the Wall Street Journal reports, including Google, Apple, and Microsoft. He received almost $105,000 from employees of the five largest tech firms in the last three months of 2015.
Mark Zuckerberg Will Donate Massive Fortune to Own Blinkered Worldview
In a savvy PR maneuver, today Mark Zuckerberg used the birth of his daughter Max to advertise to the world the fact that he’s decided to give away 99% of his Facebook shares (roughly $45 billion today) to charity (over the course of the rest of his life, not all at once). It sounds angelic, but it will probably end up…
Twitter Is So Hopelessly White Its Only Black Engineering Boss Just Quit in Protest
Leslie Miley was “the only African-American in [engineering] leadership” at Twitter, a company that employs thousands, and owes much of its success to adoption by non-white users. Then he quit, as he explains in a new blog post, because the company is absolutely brain-dead on race.
White People Control All the Power in Silicon Valley
A new report finds that Silicon Valley’s power structure, the conduits that determine which technologies will shape the fabric of society, is comprised of a representative mix of the people who use them. Ha ha, of course not, ha ha.
Huge VC Firm Finally Wears Down Ellen Pao in Legal Battle
After losing a widely-publicized gender discrimination lawsuit against her former employer Kleiner Perkins on all four counts this past March, it looks like former interim Reddit CEO Ellen Pao has finally reached her limit. In a statement to Re/code today, Pao has announced that she will not be seeking an appeal.
Silicon Valley Banded Together To Protect Abusive CEO Before Company's IPO
In April of 2014, Gurbaksh Chahal was fired as the CEO of the tech company RadiumOne, amid fallout from a domestic violence case. Chahal had managed to escape felony charges despite being caught on camera striking his girlfriend over 100 times, according to prosecutors. But before Chahal was axed, a new Wall Street…
Here It Is, the Worst Kickstarter
Peak startup:
Ellen Pao Loses on Every Count in Blockbuster Gender Discrimination Suit
Ellen Pao, the former Kleiner Perkins Caulfield & Byers junior partner who sued the high-powered Silicon Valley venture capital firm for gender discrimination after she was allegedly sexually harassed, targeted for revenge by a former lover, and passed over for a promotion, lost on each the suit's four counts Friday.
A Guide to the Sex Discrimination Lawsuit That's Roiling Silicon Valley
Ellen Pao's blockbuster lawsuit against venture capital firm Kleiner Perkins Caulfield & Byers has been described as "exposing Silicon Valley secrets" and putting the usually secretive world of tech-industry VCs "under a microscope."
Fried Squirrel Cuts Power to 2,000 in Silicon Valley
An electric company spokesperson says a squirrel was responsible for an outage that took out power for nearly 2,000 Cupertino, California residents on Saturday.
Yo, the World's Dumbest App, Hacked by Three College Students
In what may go down as the moment the cult of disruption finally began innovating itself to death once and for all, Yo, an app that does almost nothing, received over $1 million from actual investors recently. Days after its big debut this week, it was hacked by three college students.
Heart of Blandness: A Walking Tour of Silicon Valley
Walking is the only pleasant form of traveling by land. You need no special equipment, training, money, e-tickets, antidepressants, or Twitter followers. Whatever clothes you're wearing will do fine; a hat and shoes are optional. When I've got a few days to spend somewhere, I spend them walking around. So I spent a…

