Remember The Unicorn Club of startups that secured an esteemed $1 billion valuation? Might as well be The Garbage Club now, full of trifling companies with worth the kind of coin one chucks out the window from the backseat of an Uber. Why, in the past 24 hours alone, Pinterest and Uber reportedly increased their valuations by a collective $8.7 billion.

Ron Conway, the pioneering angel investor behind the "spray and pray" technique, has put his $9.5 million "Louis XV style" abode up for sale, reports Business Insider. According to Trulia, the price for this full floor apartment in one of "San Francisco's most desirable co-op buildings" has recently dropped half a million.

Every year, a chosen cadre of investors, high profile tech luminaries, and startup folk get together at the SV Angel Summit. A tipster tells us this year's confidential confab is happening today, with an off-the-record cocktail party and mayoral meet-and-greet this evening. Such fun! Let's look at the guest list.

Kno, the Color of online learning startups, which raised $73.4 million from Andreessen Horowitz, SV Angel, GSV Capital, and more, was sold for "literally pennies on a dollar," to Intel, reports Om Malik. "The venture investors lost pretty much their shirts on this deal."

Earlier today, Michael Arrington solemnly vowed to "face down the evil at TechCrunch Disrupt," the tech blog's biannual conference. Not the vulgar sexism permitted on stage, but rather the tech industry's see-no-evil attitude towards the NSA using its products to spy on American citizens. (Complacency seems to be common theme.)