"I had a terrible time hiring rich people. It sounds funny but the problem is when things go wrong they can ask, 'Why am I doing this?' You don’t ever want anybody asking that question. You want them to say, Read More →
Michael Moritz, one of the founders of the legendary venture capital firm that found a $3 billion return this week by investing in WhatsApp, didn't start out as a VC millionaire, but rather as a journalist for Time Magazine covering Read More →
"Not to sound like an arrogant s***, but I'm a really smart guy. I'm not Marc Andreessen, but I'm two or three levels below that."
— Tucker Max, bestselling author of "I Hope They Serve Beer in Hell" — Read More →
Justin Bieber has reportedly led an investment round in a new social network for teens. Can the pop star/businessman make a Belieber out of us all?
Disclaimer: We have no firsthand knowledge of being a Belieber, except that some of us Read More →
Snapchat's reported valuation after a $60 million round of funding announced Monday: $800 million. Investors have long-lasting hopes for the mobile app that offers users the ability to exchange non-lasting photos and videos. Institutional Venture Partners' Dennis Phelps compared Snapchat Read More →
"I really only want to meet with entrepreneurs under 25. I mean, if you're 30, what are you doing at South by [Southwest]?"
— Alex Banayan, 20, the subject of a profile in the July issue of Fortune that Read More →