Don't begrudge Aaron Levie his $113 million in venture capital. Sure, his startup Box.net sounds an awful lot like Dropbox. And, yes, he's only 26. But at least he's not some snot nosed 25-year-old tech exec. Those guys are the worst, according to Aaron Levie.
Groupon is getting ready to go public, so naturally the online discounts startup has ratcheted up the rate at which it is bleeding cash, posting a $103 million quarterly loss, triple the loss for the same period last year. If tech bubble investors demand growth at any cost, Groupon will damn sure give it to them.
An attentive reader will depart from Ad Age's profile of Foursquare creator Dennis Crowley wondering, "How is this guy possible?" It all just seems so implausible: a startup founder who defaces New York taxis, a guy whose backers prize his hedonism like it was a rare, precious commodity. What a gig.
Should Mike Moradian get a Harvard MBA? Or should Mike Moradian forever change education with his awesome web startup? Mike Moradian is tortured by this decision, so he has asked the nation to think about what will make the brightest possible future for Mike Moradian and then to get back to Mike Moradian with a…
If you're getting a tattoo of a mouse pointer, robot or digital watch, it should probably be temporary, like the ones sold by Brooklyn startup Tattly. Digital devices are all about volatile memory and "undo" options, after all.
Foursquare, the pointless check-in service with barely any revenue, is now worth more than six times what it was a year ago. Or so say the venture capitalists who just gave the hugely unprofitable company an infusion of cash.
There are really no excuses for not cashing out on the tech bubble. A guy with grilled cheese sandwich did it. An app nobody uses did it. And now a 15-year-old hacker wunderkind has followed suit.
A guy with a sign is begging Wall Street passersby to fund his iPhone app. He just needs $250,000. And with venture capitalists putting $10 million into a grilled cheese sandwich, is that really asking too much?
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.
Does the world really need another URL shortener? One backed by Lady Gaga, 50 Cent and Pepsi, at that? One that's run by a CEO described almost entirely by the fact he lives on NYC's hipster-laden Lower East Side? [Gizmodo]
Airbnb went from monstrously valued startup to accused unethical spammer in one day. The vacation rental website is taking its investors for a wild ride to the borderline of infamy, just like Facebook, Twitter, Zynga and so many other startups.
Pandora just took a $30 million loan ahead of its IPO. That's on top of $86 million it took in venture capital and accrued unpaid dividends. Luckily for Pandora's users, the indispensable internet radio service can't be killed, debts notwithstanding.
Stand proud, America. People might say we're a nation of self-obsessed simpletons who make no redeeming contributions to the world economy. But Ashton Kutcher knows different. And today, he said so.
There are now browser extensions that will filter out curse words from your online friends. Meet "Bleep Tweets" and its cousin the "Foul Facebook Filter," both great if your social networking has gotten far too exciting.
How do we know Silicon Valley is inflating an unsustainable tech investment bubble? Because Hollywood dope Ashton Kutcher and his technologically enhanced mate Demi Moore have somehow become mascots for tech investment. Sell, by God. Sell!
Twitter's longtime CEO Ev Williams was pressured out of his job, his spin to the contrary notwithstanding, multiple sources have told Fortune, corroborating what we've been saying for nine months. But why?
He's been expunged from Twitter's official history, but Noah Glass is widely acknowledged as the microblogging system's most passionate advocate from when he named and helped create Twitter until the day he was fired. Business Insider tells his story.
Remember Eduardo Saverin? The sad co-founder of Facebook who got strong-armed out of the company by Mark Zuckerberg in The Social Network (and also real life)? He's overcome his shattered dreams and is trying to get a piece of the next big tech thing.
Scrappy Reddit is doubling sales and engineering staff to keep up with traffic gains. But don't thank the social news site's parent company: Condé Nast starved Reddit of money, so the site paid for expansion using member contributions.
Dave Morin is among the luckiest guys in Silicon Valley. After a stint as an Apple college rep, he joined Facebook right before it blew up. Then Google offered $100 million for his obscure startup—and Morin rejected it.
