Social networks that allow you to send only the message "Yo" to your contacts. Food-delivery services valued at $400 million. Startups that deliver rolls of quarters to your home (just $27 for $20 in change!). It isn't hard, looking at a lineup like this, to conclude that Silicon Valley has…
Earlier today, Facebook announced its acquisition of WhatsApp for $16 billion. It’s a spectacular milestone for the company’s co-founders Jan Koum and Brian Acton, and their remarkable team. From the moment they opened the doors of WhatsApp, Jan and Brian wanted a different kind of company. While others sought attention, Jan and…
He's become a successful CEO and a generous person, but ten years ago, Facebook CEO Mark Zuckerberg used to have something of an attitude. For example, he used to carry a business card that read, "I'm CEO…Bitch." Once, back then, Zuckerberg played a pretty nasty prank on top venture capital…
It is often a sign of a bubble when analysts and commentators rush to explain away each new upward step in valuations – and then come up with expansive arguments to justify why prices should be even higher. Two events in the tech world in recent days seem to fit…
Social network Ello, which operates in Vermont, is riding the rocket ship usually reserved for Silicon Valley’s hottest consumer tech startups. The ad-free social network, which has to be the most well-known product from the Green Mountain State since Ben and Jerry’s launched in the late ’70s, has taken the…
