tesla motors
I confess: I completely missed
the Tesla Roadster parked outside when I walked into Joey & Eddie's, the San Francisco watering hole where Valleywag used to hold weekly meetups with readers. But there was no mistaking the guy parked at the bar: It was Elon Musk, the CEO of Tesla Motors. He had driven up to surprise me at the behest of Adeo Ressi, the founder of VC-ratings site TheFunded.com, who was Musk's housemate in college. Matt Marshall, the editor of VentureBeat, also dropped by. Musk pressed a set of keys on me and offered a Tesla test drive; I turned them down. Honestly, I figured I'd crash the thing, and I didn't want to put a further dent in
Tesla's already parlous cash balance. But I finally agreed to go for a ride with Marshall. How was it, you ask?
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blogging for dollars
Matt Marshall, the founder of tech-startups blog VentureBeat, is a former newspaperman. As such, he's handwringingly scrupulous about his ethics. In
a recent story about Glam Media's layoffs, he included this disclaimer: "Disclosure: VentureBeat recently employed a business manager who was related to one of Glam’s cofounders. However, he no longer works at VentureBeat." Why not name names?
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caption contest
Team VentureBeat assembles for the obligatory group photo. The setting: a
launch party for VentureBeat's DigitalMedia blog. Left to right: Well-paid tech-CEO transcriptionist Dean Takahashi; mopheaded cleantech writer Chris Morrison; skinflint business manager Jacob Mullins; Jimmy Olsen-lookalike and VentureBeat founder Matt Marshall; stylishly underdressed Anthony Ha; expert Techmeme gamer MG Siegler; and Eric Eldon, who's wearing his great-grandfather's three-piece suit.
Yesterday's winner: Once again, WagCurious, for labeling Pete Cashmore "The face that launched a thousand ship-dates."
(Photo by Brian Solis/Bub.blicio.us)
party report
This is what I remember from last night's VentureBeat party: A social network for golfers
announced a round of funding at the event. A social network for golfers? Is this what blogging has come to, I asked founder Matt Marshall. He gamely held his ground and ducked the question. As Kara Swisher documented in the clip above, VentureBeat's party at the Ambassador in San Francisco was a bubbly affair, packed wall to wall with free drinks for all comers — until the bar turned cash. That kept the event, paid for by sponsors, profitable, Marshall explained. I'm glad the blog bought me a drink. I needed it when I ran into Craigslist CEO Jim Buckmaster later that evening. He was perfectly civil, but it's disconcerting to talk to a man to whom one only comes up to clenched-fist level.
blogging for dollars
We hear Michael Arrington is in advanced talks to acquire VentureBeat, a smaller tech blog which, like Arrington's TechCrunch, is trying to expand from the niche of covering startups. When Arrington issued a rant about the dangers of tech blogs raising venture capital, it was easy to dismiss his talk of a blog rollup as drunken fantasy. Arrington's concern: That his competitors, by raising money one by one, would make it financially impossible to assemble a "dream team" of bloggers. But why on earth would anyone accept a lower valuation just to be part of Arrington's team? Arrington, we're told, has tentatively secured venture backing from Eric Chin of Bay Partners, a longtime business associate. That would give him the capital to buy up at least some of his rivals.
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party report
ATHERTON — I'm told I left the party too early, but once Third Eye Blind started playing, Thursday night's iLike bash was pretty much over for me. Don't get me wrong — I like Third Eye Blind. It's right in tune with my utterly bland and more than slightly gay musical tendencies. But this is exactly why I will never, ever use a service like iLike, which makes a Facebook app that allows you to reveal your musical taste, or lack thereof, to your friends by posting songs, and find people with similar tastes by seeing who's going to concerts. Here's the thing: I know my taste in music is egregiously bad. I don't want to advertise the fact to the world, and if anything, I want to meet people who specifically dislike the music I listen to. That's all right, though — what I really wanted to listen to was the buzz in the room.
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Valleywag
rumormonger
Is Matt Marshall the Jimmy Olsen of venture capital?
VentureBeat editor Matt Marshall does have a striking resemblance to Superman's Jimmy Olsen, as Jangl CEO Michael Cerda suggests. The analogy's even more apt if you compare Marshall to the Smallville version:
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blogging for dollars
