The free market in action: after months of Uber CEO Travis Kalanick saying price gouging helps increase supply, The Verge reports exactly the opposite. This past Valentine's Day, the company blocked new drivers in order to keep prices high.

Former AngelHack CEO Greg Gopman was just as toxic towards his own startup as he was towards homeless people. In a lawsuit filed this month in California State Superior Court, his cofounder Sabeen Ali claims that Gopman used money from AngelHack's bank accounts to pay for personal expenses including his $4,500/month apartment rent, credit card debt, as well as "elaborate vacations" in Thailand and Colombia.

Ever since acquisition rumors started building in late 2012, WhatsApp—the fast-growing messaging service with serious outer-bubble appeal—seemed destined for a multi-billion exit. But how, pray tell, did Facebook decide 19 was the "magic number"? One source tells Valleywag that it began with a $250 million funding offer.

As Mt. Gox erupts, SecondMarket, best known as a place to unload Facebook stock pre-IPO, emerges from the molten lava with plans for the first ever U.S.-based Bitcoin exchange. It will mimic "the early days of The IntercontinentalExchange," with founding members from "Wall Street banks and well-funded Bitcoin startups (but not, interesting, VC firms)."

Shoulda invested in art, dudes: the world's most prominent online Bitcoin exchange shut itself down last night. This would be the final punchline to a long-running business farce, but there are a lot of people who are now missing a lot of money.

On stage at the Launch festival this afternoon, Y Combinator cofounder Paul Graham explained his decision to step down from Silicon Valley's ur-accelerator. He wanted to "get his brain back."

Imagine if your bank wouldn't let you withdraw money, ignored your complaints, and then moved offices when you showed up at their door? If you put real dollars into Mt.Gox, the erstwhile top dog in Bitcoin trading, you've probably completely screwed.

Cantankerous billionaire Carl Icahn never shies away from a fight. This time, the activist investor is swinging at longtime eBay board members: venture capitalist and PayPal veteran Marc Andreessen and Intuit founder Scott Cook for "material conflicts of interest, which we believe could put the future of our company in peril."

Since Friday, I have received four emails from Facebook billionaire Sean Parker. His tone was cordial and calm. He asked me to relay his email address and, later, a private message to his neighbors and I did. That must've been his Dr. Jekyll side. In an "epic rant" to Page Six about the same subject, Parker repeatedly compared me and my employer to attack dogs owned by Joseph Goebbels, Hitler's genocidal propagandist.

"You remind me of my son. He's got Asperger's too." It looks like Mike Judge has another fine piece of bleak capitalist dramedy prepared for the show's premiere on April 6th. What could be better than "Office Space" in 2014?

In an email this afternoon, Sean Parker, who became a billionaire solely because of his shares in Facebook, said he hadn't received questions about the unnatural disaster brewing outside his West Village home because: "I don't check my Facebook msgs that often."

Engadget: "The U.S. Postal Service has approved a commemorative stamp honoring the Apple co-founder to be printed as part of a collectible series next year.

After months of building a reputation for decadent parties, wasted money, and scammed friends, Jon Mills was arrested by the FBI, and could go to prison for 20 years if convicted of wire fraud charges. Read the full report below.

Former Facebook president Sean Parker may be almost as disruptive to his New York City neighbors as he was to the California redwoods. A tipster told Valleywag that the outspoken billionaire turned 10th Street in Greenwich Village into a "total clusterfuck" today in order to have Verizon FiOS installed at his $20 million home.

In tech, as in love, things always appear more attractive when they're in high demand. According to The Information, Google devised an awkward and costly way to find out if a startup has any corporate suitors, but WhatsApp declined.

Jon Mills, who made an armful of enemies through squandered investments in his company Motionloft, is in FBI custody, TechCrunch reports.

The three guys up there—the co-founders of WhatsApp and their investor—just made billions and billions of dollars. The photo was taken right after they sealed the deal. Smile! But even the people without any power at the company will walk away with possibly hundreds of millions of dollars.

While so many scramble to find/keep housing, the idea of moving to San Francisco made Tim Bray, a well-known developer advocate for Google, give notice. "I find the Bay Area congested, racist, incestuous, and overpriced." Bray promised to keep Google's secrets, so don't expect brutal honesty about his soon-to-be-former employer.

The law of platforms puts boundaries on appropriate interaction between Facebook (a means for content distribution) and Buzzfeed (a content manufacturer). But, somehow, the two tech companies keep getting caught in an unholy alliance, including a little love from Facebook's $19 billion WhatsApp acquisition.