bubblicious

NOW It's a Bubble: Kozmo.com Is Relaunching

Sam Biddle · 09/24/13 03:57PM

This is either a sickening hoax or a true sign of end times: Kozmo, up there with Pets.com as bobble-headed mascot of the Dot Com Implosion, is apparently returning from hell. Is this really happening?

This 22-Year-Old Just Landed $25 Million for a Secret App

Sam Biddle · 06/27/13 10:42AM

Lucas Duplan dropped out of Stanford, brought a bunch of his buddies with him, and got to work on something daunting: creating an app that lets you pay for things with your phone. This is daunting because so many other things let you do it. Despite this, and the fact that his app is a total mystery, powerful VCs just handed him $25 million.

Silicon Valley Arts and Crafts Instructor Gets $6 Million

Sam Biddle · 06/26/13 09:46AM

Brit Morin profits, literally, from the Donald Rumsfeld school of reality: repeat something often enough and it will be so. Someone once called her the "Martha Stewart of Silicon Valley," and the label's been repeated in almost every article ever written about her, iota of talent not withstanding. Today, it pays off.

There's a Startup to Help People Make Startups

Sam Biddle · 06/10/13 12:01PM

OK, now we're really heading past the Rubicon: a little app by the name of Elevatr has one task: help you crank out startup ideas as easily and quickly as possible. Because nothing says stable economic sector like a constant stream of easy business ideas.

Snapchat Is Worth Half a BILLION Dollars?

Sam Biddle · 06/07/13 02:29PM

Om Malik says Snapchat—which is free, a potential privacy disaster, and makes zero money, in any currency, whatsoever—is "close to snagging about $100 million in new investment at a valuation nearing half a billion dollars." Let's think this through.

AirBnb Is Busing Reporters to The Hamptons for a Great Gatsby Party

Sam Biddle · 05/02/13 10:03AM

With fears of a tech bubble looming, what better tie-in for your company fête than... the period right before America's greatest financial disaster? Someone at AirBnb sure thinks so: mark your calendars for a boozy night on West Egg. This might be the most oblivious party in startup history.

Company You've Never Heard of Throws Insanely Expensive Party

Sam Biddle · 05/01/13 09:11AM

Last night's launch party for Gig-It, an online sim game that essentially swaps out FarmVille's crops for rappers, was music video lavish. It looked like its backers just listened to the radio for 30 minutes, said Hire them all!, and then smoked some blow out of a rolled up bitcoin. But what... is Gig-It?

This Is What It Looks Like When You Lose All of Your Startup Money

Sam Biddle · 04/30/13 01:42PM

Well, technically not all of it. After working as a programmer for online gaming community Meez.com, our tipster saw his scoop of the corporate money sundae reduced by 8,000,000 to 1, leaving him with just a little more than it cost to mail him this check. "Sometimes you win," he told us, "but you rarely hear about the losers."

Here's How You Can Live When Your Startup Is "Worth" a Billion

Sam Biddle · 04/26/13 09:30AM

Jason Goldberg and Bradford Shellhammer did something rare: they built Fab, a shopping website that's standing out from the other trillion shopping websites. Sales are up, and judging by the pictures they post of their fabulous lives, egos are up too. This is conspicuous consumption at its bubble best.