Earlier this week, PandoDaily founder and CEO Sarah Lacy announced the tech publication had raised a Series A funding round of $1.2 million, led by "an unconventional group of investors in Tennessee organized by Nashville-based Jumpstart Foundry," as[...]
Venture capitalist Tim Draper of Draper Fisher Jurvetson has developed a proposal to split up California into six separate states, according to TechCrunch, and has also launched an online volunteer hub called SixCalifornias to garner public support.
Last Monday, the Food and Drug Administration announced that 23andMe's $99 Personal Genome Service is in violation of the Federal Food, Drug and Cosmetic Act, according to CNBC, effectively shutting down the genetic profiling company.
23andMe -- f[...]
According to CNet, Counsyl co-founder Balaji Srinivasan delivered an enthusiastic presentation at last weekend's Y Combinator startup school, titled "Silicon Valley's Ultimate Exit," on how Silicon Valley could possibly secede and develop a highly ef[...]
Silicon Valley-based VC firm 500 Startups has raised a $44.1 seed funding round, according to VentureBeat.
Apparently the accelerator has invested in close to 600 companies, although partner Christine Tsai tells VentureBeat that "we aren't changin[...]
Silicon Valley has a very eccentric upper-class. If you didn't believe it before, you'd better believe it after reading Vanity Fair's "Bluebloods and Billionaires" feature story this week, which chronicles San Francisco's patriarch families attemptin[...]
The New York Times style magazine, T Magazine, ran a profile on Tumblr founder David Karp earlier this week. The assignment which quickly evolved into an essay on East Coast vs. West Coast design aesthetic, business sense and personal taste.
Collegefeed, a sort of "social network" for college students and employers (unheard of, yes?), has raised $1.8 million in a funding round led by Accel Partners, according to TechCrunch.
Collegefeed helps students access information on financial ai[...]
According to TechCrunch, the Russian government has committed another $4 billion (135.6 billion rubles) to Skolkovo, the state-funded campaign to create a "Russian Silicon Valley."
The city of Skolkovo itself is located about an hour from Moscow, [...]
Everyone seems to think so.
First, Fast Company writer Chuck Salter writes that the bankruptcy is really more of a "pivot." That's all well and good, although what exactly will the city be pivoting to? A village? A robot jungle?
Salter does bri[...]
According to TechCrunch, the Bay Area pays the nation's highest median tech wage of $123,497.
The data was crunched by tax-planning startup Good April, and the results are probably not surprising; what is surprising is the pure disparity between S[...]
Path, the social network led by former Facebooker Dave Morin, plans on raising a $50 million Series C round at a $500 million valuation, according to TechCrunch.
One might be tempted to call Path a "hot startup." But keep in mind a few caveats: