I hate it when people say startups focus largely on bourgeois concerns, like how "most boats sit unused for 95 percent of the year," according to TechCrunch. So it's refreshing to see "Boatbound" shake things up. Or splash things up, more like it!

Good morning! The youth trainees of Google make $20,000 per summer on average, CNN Money reports.

An event staffer at today's first ever, lightly protested Facebook shareholders meeting has an important detail: the shareholders are out for blood. One of them yelled at Mark. Mark Zuckerberg.

Oh, Sean. This isn't how you get people on your side.

If you're willing to ignore the existence of institutionalized prejudice and hustle, you might be the recipient of some cold cash from dot-com millionaire Jason Calacanis' impending investment firm. Let's hope he picks young startups better than he picks poker hands.

The reasons why the notorious tech wastrel is now bankrupt are well-documented, and now it's official: "Tech investor and entrepreneur Halsey Minor filed for Chapter 7 bankruptcy last week in U.S. Bankruptcy Court in Los Angeles," says the WSJ, citing up to $100 million in debt.

There are first world problems and then there's the troubling "rich-person management gap" currently harshing one newly-minted tech millionaire's mellow. Break out the Stradivarius of tiny violins.

You'll recall Tumblr alum Marco Arment from that time he reminded the internet that he's rich. Now, he's slightly richer, having sold his online fanzine—The Magazine—to its current editor. What exactly is The Magazine, you ask?

Tim Cook's grand scheme to avoid American corporate tax rates was just revealed as a little more absurd, with a new report by the New York Times. The (Californian) company is using (Irish) dummy companies to funnel cash to (Manhattan) bank accounts.

We all know about Marco Arment's "not yacht rich" fortunes from Yahoo's microblog bailout, but what about the venture moneybags? How did the investors get in return for writing checks? A lot.

Insecure code-slinger Marco Arment was an original employee at Tumblr, when it was just two dudes in a room. He wrote a nostalgic little post yesterday about the company's rise to Yahoo's pocketbook, with one important conclusion: he's rich too. OK? Very rich. Not yacht rich, but rich. OK?

Cash! The WSJ says "the Yahoo board has approved a deal" to make this happen, and it's hard to imagine Tumblr turning this down. One of the most unpopular companies in the world will soon own one of the most popular in history, and we'll all find out if you really can buy cool.

IPO price: $38. Today's price: $26.

There's not much to say about Tech Cocktail, and the firm says that little bit itself: it's "a media company and events organization for startups, entrepreneurs, and technology enthusiasts." Networking stuff. Simple stuff—and something apparently worth a giant investment from the head of Zappos.

When your $20,000,000 luxury townhouse is undergoing renovations, there's only one option: shack up in one of the most expensive hotels in the United States for two years. While waiting for your mega-decadent Game of Thrones wedding. This guy's life!

VentureBeat brings us the breaking news that something called "Foodpanda" just locked down $20 million in funding. The big, expensive idea? Ordering takeout. Through the internet.

Slow clap for Facebook, which just is now a member of the Fortune 500 club. It debuted at 482, despite a botched IPO and this really bad TV ad for Facebook Home.

How detached from reality is PandoDaily? When a middling company that makes no money is purchased by another company for $60 million, that deal is "underwhelming."

From Kara Swisher's latest tech profile in Vanity Fair, one of those "this is indicative of something profound and strange, but I'm not exactly sure what" moments:

Software billionaire Larry Ellison is rich. Jet-owning, fleet-cruising, bought an entire Hawaiian island rich. But there's been something missing in his aggrandizing oeuvre. Maybe an invite from Larry Ellison to the premiere of a movie about Larry Ellison called The Wind Gods will do the trick.