"New founders in last 10 years have ONLY been in environment where money is always easy to raise at higher valuations. THAT WILL NOT LAST. When the market turns, and it will turn, we will find out who has been Read More →
"You just slowly forget, and half of the entrepreneurs today, or maybe more — 60 percent or 70 percent — weren't around in '99, so they have no muscle memory whatsoever."
— Bill Gurley, partner at Benchmark Read More →
"The chances of any startup working are already low, and if you add up the corruption risk and legal and political risk, it's insane to start a company [in Russia] if you could move it to California or England."
— Read More →
In case Silicon Valley’s venture pool wasn’t frothy enough for you, there’s a new VC firm in town.
PointGuard Ventures, started by VC veterans Krish Panu and Pete Thomas, announced on Thursday their new fund and first investment. The winner? Movius, Read More →
"Over the last 15 to 20 years, I feel like the government is saying, 'You’re working for me.' We've gone from, in effect, a very free country to one where it's moving toward, I guess it's slavery."
— Tim Read More →
Imgur, the hot photo-sharing site, announced today that it has scored its first round of funding: a cool $40 million from Andreessen Horowitz, with reddit also participating. The nearly 5-year-old San Francisco startup — which boasts more than 100 million Read More →