Sam Biddle · 11/25/13 10:40AM
Angel Investing Is No Different Than Gambling in Vegas
Nitasha Tiku · 11/22/13 06:24PM
Entrepreneur and investor Jason Calacanis offered an exquisite example of the dangers created by loosening the rules around crowd-funding. During a PandoMonthly fireside chat last night, Calacanis not only argued that any consumer knows how to pick a winning startups, but that the populist thing to do is to let the masses bet on them.
Nitasha Tiku · 11/22/13 05:11PM
Turntable.fm Is Dead
Sam Biddle · 11/22/13 04:11PMMarc Benioff Is the Ron Burgundy of Tech
Anonymous · 11/22/13 02:40PM
Salesforce.com CEO Marc Benioff is an egomaniacal buffoon who laughs at the plight of underpaid Walmart workers and flies the prime minister of Haiti up to San Francisco so he can thank Benioff in person, in front of 15,000 people, for being such an amazing human being. And like all buffoons, Benioff has no idea how much of a buffoon he truly is.
The "Biggest Hackathon Prize In History" Was Won By Cheaters
Sam Biddle · 11/22/13 11:56AM
It's important to never take anything called a "hackathon" too seriously, but when a million bucks is on the line—the self-hyped "single biggest prize in history"—allegations of foul play really sting. Participants in this year's Salesforce.com sponsored coding competition are furious, because the winner is a total sham.
"Sheryl Sandberg Sex Laundry" Has To be the Worst Lesson From Lean In
Nitasha Tiku · 11/22/13 11:25AMNew York Times Saves Sex-Shaming App from Pits of Obscurity
Sam Biddle · 11/21/13 05:55PM
Lulu, an app that lets women anonymously torment their dude Facebook friends with sexual feedback, is one of those you play with briefly and then forget. It's a gimmick—half malice, half prank, and all dumb, which is why it was plummeting in the app store. Until the Times stirred up the toilet bowl today.
Apple Is Trying To Block This Weird Warning Video by CEO Tim Cook
Sam Biddle · 11/21/13 04:55PMDirtbag Spotted: Venture Capitalist Charging Startups Just To Talk
Sam Biddle · 11/21/13 02:33PMSam Biddle · 11/21/13 01:03PM
Snapchat Betrayal: CEO Says Former Friend Deserves Credit for the Idea
Sam Biddle · 11/21/13 11:00AMAnd more importantly, he probably deserves some money. In deposition video obtained by Business Insider, Snapchat's co-creator and CEO Evan Spiegel discusses Reggie Brown, who helped create the app back in their Stanford days and was abruptly kicked out and left with nothing. But in Spiegel's own words, Brown was part of the multi-billion dollar sensation—and still won't get a cut.
Immigrants Are Coding for 24 Hours Straight on Behalf of Lobbyists
Sam Biddle · 11/20/13 05:11PMJay Z and Ashton Kutcher-Backed "Uber For Planes" Grinds to a Halt
Nitasha Tiku · 11/20/13 03:39PM
Of all the "Uber for __" propositions, the splashiest by far was Blackjet, the app that purports to help wealthy users book seats on private jets (for a $2,500 annual membership fee). When it launched last October, the company touted A-list Hollywood investors like Ashton Kutcher, Jay Z, and Will Smith, not to mention connections to successful—or successful-seeming—companies like Uber. But sources tell Valleywag that Blackjet is in a tailspin—out of cash, unable to raise funds, and "basically over." Another source said: "They are fucked."
Goldman Sachs' Annual "Tech Fuckfest" Hits Las Vegas
Nitasha Tiku and Sam Biddle · 11/20/13 02:47PMKanye Deepens Silicon Valley Beef: Zappos Sells "Shit Product"
Sam Biddle · 11/20/13 11:48AMMarissa Mayer and Marc Benioff Mock Walmart Protestors
Sam Biddle · 11/20/13 10:45AM
Away from the beanbag-seated crowds and cloud software kiosks at Dreamforce 2013, Yahoo! CEO Marissa Mayer and Salesforce CEO Mark Benioff sat down on a stage to praise on another. But the panegyric swap was rudely interrupted by labor protestors, calling out Mayer for her board position at Walmart. They responded in the most Silicon Valley way possible.