"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 →
Talk about a sharing economy: Airbnb — the San Francisco startup that lets travelers find places to crash on people's couches for less than they would pay at a hotel — reportedly is close to raising a round Read More →
"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 →