Mike Moritz, arguably one of the few super VCs has been diagnosed with a rare, incurable medical condition and has decided to take a step back from active daily duties at Sequoia Capital. He still intends to continue making investments and work with younger partners. Read More »
Tech
The appointment of Ross Levinsohn as CEO is a sign Yahoo wants to focus on media as the core of its rebirth, but does the company have what it takes to succeed as a new-media entity? There are plenty of reasons to be skeptical. Read More »
Yahoo chief executive officer Scott Thompson who has been caught in a resume gate is leaving the company, reports AllThingsD. He is going to be replaced by Ross Levinsohn. A settlement with activist investor Dan Loeb of ThirdPoint Capital is also in the works. Read More »
Yahoo and its decision to go nuclear on Facebook has drawn much attention and ire. So even though the knives are out for Yahoo, I for one am willing to listen and look for alternative theories on Yahoo and why it sued Facebook. Read More »
The news of Yahoo suing Facebook for infringing its patents has drawn sharp reactions from some of the more measured voices in our industry.However, there is more than meets the eye to the whole Facebook-Yahoo scrum, for suing Facebook is a pretty drastic … Read More »
Facebook is not about to take Yahoo’s patent suit lying down and is planning to fight Yahoo, according to my sources close to Facebook. Yahoo, earlier this week, filed a broad-ranging patent infringment lawsuit against the social network that is likely to go public soon. While Facebook’s legal … Read More »
Yelp announced pricing of its planned IPO, with plans to sell 7.15 million shares at $12 to $14 a share. But the important thing is that Yelp has shown there is a real business to be made out of building and growing a community of users. … Read More »
Caterina Fake has launched a new startup called Pinwheel, a sort of “Flickr for places.” The startup has raised a $7.5 million Series A Round from Redpoint Ventures, in addition to funding from True Ventures, Betaworks, Founder Collective, SV Angel, Obvious Corp and other angels. Read More »
Today happens to be the 8th birthday of Flickr, a groundbreaking photo-sharing service that introduced to the world the founding principles of the social web: community, sharing, openness and social connections. Flickr today languishes in the shadow of newer photo-sharing services. Sad, really! Read More »
As everyone awaits the $100-billion Facebook IPO, the biggest question hanging over the offering is whether it marks the beginning of a new era for Facebook — or if it’s just a massive cashing-out exercise, a sign that this generation’s version of AOL has peaked? Read More »
What a week! Web took to activism and pushed back SOPA & PIPA; Kodak filed for bankruptcy & MegaUpload got busted. With the week wrapped up, here are some of the posts from our team that I highly recommend you give a read. Read More »