Jeff Clavier’s SoftTech VC has closed investment on its third fund at $55 million, making Fund III its biggest fund yet. Clavier talked to GigaOM about why SoftTech decided to go so big, how the new cash will be invested, and the larger tech industry landscape. Read More »
Tech
Swedish banks are fighting off rumors of financial difficulties amid reports that online rumors led to a $29m bank run in Latvia over the weekend. But was it really a Twitter-induced panic? Read More »
The Kauffman Foundation claims in a new report that high-paying jobs in the financial sector have drained the prospective pool of startup founders until it’s pretty shallow. It may even be responsible for allowing “potentially weaker” startups to gain funding. Here’s a look at the arguments. Read More »
I blame David Hasselhoff. Everything was going fine for the web — the financial world had been unwinding its overleveraged excesses for nearly a year without nary a ripple into Silicon Valley — until the launch of HoffSpace, a social network revolving around the oogachaka-ing,… Read More »
After Monday, the belief that Silicon Valley is going to remain immune from the Wall Street fallout is gone. While some tech companies had been saying they weren’t worried that the credit crunch would hurt them, I don’t believe them. Read More »
I’ve taken seven of the more interesting stocks of 2007 — all stocks that inspired a good deal of passionate discussion and, for the most part, a good deal of capital gains — and ranked them according to how I think they’ll perform in 2008. Take… Read More »
