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 →
"It's very possible for somebody to show up [in Silicon Valley]... and have had absolutely no exposure at all to politics, social issues, history. When the government shows up, it's bad news. They go, 'Oh , my God, government is Read More →
"The libertarians' zeal took Bitcoin from nothing to something, and then you had people that were attracted by the anonymous nature, who mostly use it for [illegal] online gambling. But the appeal of zero transaction costs is universal."
— Read More →
"I feel pretty comfortable with getting close to people whose values benefit the city. Ten more Ron Conways would be helpful."
— Ed Lee, San Francisco mayor, tells the New York Times that being accused of getting too cozy Read More →