Earlier this morning, Adobe Systems, the San Jose-based creative software giant announced that it was buying New York City-based design-oriented community, Behance. Since then, many have been wondering how much did Adobe shell out? Now we have the answer. Read more »
In this wide ranging interview, Bill Gurley of Benchmark Capital talks about what founders need to know about their investors, what it takes to be a venture capitalist and what are the big opportunities in today’s world. Read more »
Chris Dixon, who founded SiteAdvisor and Hunch and invested through Founder Collective, is heading west to join Andreessen Horowitz as its seventh partner. Dixon said he will continue to invest in New York startups and will keep his apartment. Read more »
Twitter co-founder Jack Dorsey was brought back into the company last year to be its chief product visionary, but his role appears to have been dramatically reduced. So who is Twitter’s product visionary now, and what does that mean for the future of the service? Read more »
After bootstrapping itself for more than five years, New York City-based Behance, an online destination for creative galleries and portfolios, has finally turned to outside funding, securing a $6.5 million investment from Union Square Ventures and a host of investors including Amazon CEO Jeff Bezos. Read more »
The investment team at the Kauffman Foundation believes the venture capital industry is broken and they — or rather investors in VC funds — are partially to blame. The report condemns venture firms for being to big, not delivering returns and not adjusting to the times. Read more »
EBay is putting down roots in New York and has bought up a 35,000 square foot space. The retailer is announcing that it has purchased an entire floor in the Flat Iron district where it will house 200 people in a new technology center of excellence. Read more »
With deals like Facebook’s $1 billion acquisition of the relatively tiny startup Instagram, some argue we are in another tech-stock bubble. But others in the venture industry say that while there is some froth in parts of the startup ecosystem, there are few signs of 1990s-style mania. Read more »
For the past week or so, the Internet has been abuzz with news of mobile apps uploading iPhone address books without asking us. The controversy highlights the fact that social and web apps need to have the moral imperative to do the right thing. Read more »
Sarah Lacy, a book author and a veteran journalist (and most recently with TechCrunch) is launching PandoDaily, a daily technology news blog focused on startups and the startup ecosystem. The company is being funded by a $2.5 million investment from Silicon Valley elite. Read more »
This is cool: Forage.com generates YouTube music video playlists based on the people you follow on Twitter. The site is a mashup cooked up by Chris Dixon, the co-founder of Hunch, and it demonstrates how Hunch uses its own data sets to predict new taste preferences. Read more »
Hunch.com co-founder and angel investor Chris Dixon has some advice for big venture capital firms: Try to think more like, and behave more like, the startup companies you invest in. That includes cutting down on excessive management fees and not tweeting about your golf game. Read more »
In the last two months, a controversy has broken out between the startup of the moment, Twitter, and its ecosystem. Some of its actions — such as acquiring Tweetie (a mobile client that has since been rebranded as Twitter for the iPhone), coupled with its recent […] Read more »
Chris Dixon is outspoken. He says difficult things. And he pulls no punches in our interview, in which he talks about the rise of super angels and micro VCs, his transition to investor from entrepreneur and how most VCs don’t know what they’re doing. Read more »
The launch of Facebook’s open graph protocol is fueling the debate over whether it is better to be open vs. closed. But the ultimate answer may be that it depends. Being open can benefit a company in some ways, while being closed is better in others. Read more »
