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vcs

How funding works: So startups are abandoning venture capital. Why?

An insightful article on "startups on a shoestring" in the New York Times covers the rise of companies running on angel investors, loans, or even credit cards. It's a switch from the more famous method of raising piles of venture capital from a firm. But what does that mean? It means startup founders get to keep more of their money and power. More »

startup factsheet

Startup factsheet: Goozex, the game exchange

"Anger From 1 Ripoff + 2 MBAs = a Game Plan," says the Washington Post, summarizing how Goozex came to be. From this profile and the site itself, here are the fast facts about this game-exchange web site. More »


reddit

Behind the deal, volume III: Wired buys Reddit

As TechCrunch reported and Reddit announced this morning, Condé Nast bought social bookmarking site Reddit. I talked to Wired Digital general manager Kourosh Karimkhany, who will directly oversee Reddit as a Wired property. More »

youtube

The rumors of YouTube's death...

"IS YOUTUBE DEAD?" screams the San Francisco Chronicle. "For many of us, there's a definite vibe that the wild fun times will soon be coming to an end. It's like your parents are coming up the driveway." More »


ask valleywag

How to get rich off dot-coms in six to eight weeks

A loyal reader-commenter, "That Chinese Broad," asks Valleywag: More »

peerflix

This startup is wasting over $10 million (A cautionary tale)

The New York Times goes crazy for Peerflix today in a particularly uninsightful article, in which the bartering site's CEO brags about taking $10 million from venture capitalists. More »

youtube

Meet the duo: Why YouTube's Chad Hurley can't be the next Steve Jobs

A dynamic duo is more likely to found a hit company than a lone gunman. Hewlett and Packard, Yahoo's David Filo and Jerry Yang, Google's Sergey Brin and Larry Page, — even Steve Jobs had his Steve Wozniak. The character of the company, then, lies not in one personality but the relationship between two. For YouTube founders Chad Hurley and Steve Chen, that relationship, according to Fortune, is the classic nerd-and-businessman pair. More »

cnet

Background: Who's pulling the strings at CNET?

CNET employees loved CEO Shelby Bonnie, according to the San Francisco Chronicle (and a CNETter confirms to me that there was loyalty since he'd been at the company since Day One). So it was a shock when he seemingly fired himself this week over overseeing improperly backdated stock options. More »

google

Watch Google go Hollywood as they turn into an ad company

The culture split between Yahoo and Google is Hollywood versus the nerds, according to most journalists (take, for example, a CNET compare-and-contrast article from 2005). Yahoo is the one that brought in TV and film execs like CEO Terry Semel and "went Hollywood," a move often blamed for the company's financial and cultural woes. But so has Google, as a corporation and as an executive team. More »

google

Win Google's money: Who can leave YouTube today a millionaire?

So now that Google bought YouTube for $1.65 billion in Google stock, which YouTube employees, managers and investors can cut and run, and who has to work another year before leaving a millionaire? An old-school dot-com journo explains the windfall to Valleywag. More »

powerset

Why Powerset (unlike Snap, Kosmix, Clusty, and Eurekster) will beat Google

High on the "will this startup tank after five months" checklist — I think it's number 14 — is "Does this company want to be the next Google?" Would-be search innovators fail for several reasons: More »

youtube

What do we lose when YouTube sells out?

It's the place you go for Family Guy clips and last night's Jon Stewart interview. For now, media companies keep their hands off YouTube and cut deals with the site instead. But some day, if it doesn't die first, YouTube will have to sell out, and the buyer will become a juicy legal target for every other media company whose stuff is pirated on the popular video site. What clips are in danger if one of these top potential buyers bites? More »

features

The eruptors: 11 companies. 11 puff pieces.

Hey, nothing against the eleven corporate leaders profiled in Business 2.0 Magazine's latest feature, "The Disruptors." (Except you, Salesforce.com CEO Marc Benioff. Nobody likes you.) It's just that "glory stories" like this make us giggle, because by definition they have to play down the arguments against their subjects. And B2 added Wired-worthy hero shots like the one shown here. So here's a guide to the most egregious idolatry: More »

politics

Feature: Congress says "fuck you" to Net Neutrality with blatant pro-big-business push poll

Takeaway: The Senate Commerce Committee ran a pro-big-media marketing campaign disguised as a "bipartisan poll." The message is obvious: the committee is in bed with telcos and Net Neutrality is dead. More »

youtube

Feature: Why YouTube's best deal will be its death

Takeaway: YouTube's new deal with Warner Music looks like the dot-com's salvation, but it could be its downfall. More »

flacks

Don't be a flack: Tips for PR workers from the journalists who hate them

Today a flack from public relations firm SS PR sent me yet another piece of spam following up an e-mail pitch I never asked for, proving that PR folks need some guidance in how to avoid being "that annoying flack" that journalists and business development workers gossip about at the bar. Because by pleasing journalists, you don't just help them — you help yourself. More »