Nitasha Tiku · 08/11/14 04:10PM

The Department of Defense just announced that Uber executive Emil Michael will be joining the government agency's Defense Business Board. So . . . Uber for self-driving tanks? Or Uber's next investment round is led by Blackwater?

Here’s What BuzzFeed’s New Investors Really Think About Media

Nitasha Tiku · 08/11/14 02:15PM

Last night Andreessen Horowitz, the same venture capital firm that invested in Facebook and Twitter, announced a $50 million investment in BuzzFeed that presumes the value of the company to be $850 million. General partner Chris Dixon compared BuzzFeed to Tesla, Uber, and Netflix because of its deep emphasis on technology and "world-class systems for analytics, advertising, and content management."

$470 Uber Ride Cost More Than a Ticket to a Three-Day Music Festival

Kevin Montgomery · 08/11/14 12:40PM

For the 200,000 attendees of San Francisco's Outside Lands Music Festival this past weekend, where a three-day pass cost $275, Uber's hated "surge pricing" scheme made sure that exhausted revelers ponied up hundreds of dollars to get a few miles across town.

America's Entrepreneurial Spirit is Dying

Kevin Montgomery · 08/08/14 06:30PM

With all the tech startups flooding the market, it would seem that America is more entrepreneurial than ever. But just the opposite is true. According to a pair of reports from The Brookings Institution, American entrepreneurship has been declining since the 1970s.

Kevin Montgomery · 08/08/14 03:30PM

Airbnb just cleared an important hurdle towards becoming legal in San Francisco. The city's Planning Commission approved legislation that allows tenants to rent apartments for 90 days per year. Airbnb wanted more, but called the vote "an important step forward."

Women Won't Name Harassing Venture Capitalists, Even Anonymously

Nitasha Tiku · 08/08/14 03:30PM

In the past couple weeks both Forbes and Wired have published first-hand accounts of the perils of "fundraising while female." The anecdotes about harassment, discrimination, and the hassle of disproving an investor's assumptions about gender are familiar. But you won't find the name of single male venture capitalist who made these women feel compromised, harassed, belittled, or duped.

AOL CEO Tim Armstrong Resists Demonizing Sick Woman

Sam Biddle · 08/07/14 11:14AM

Yesterday's earnings call with shareholders and reporters revealed two AOL bombshells: not only does AOL still exist, but it appears its bullying chief executive is no longer blaming the company's struggles on infirm female employees.