Those who follow my cynical posts about over-inflated social site valuations know that it’s hard for me to agree with numbers. I giggled when Facebook hit $70 billion before going public at much higher. I stared in disbelief when Google offered $6 billion for Groupon then realized that I had to be in a persistent… Continue reading Pinterest $2.5 billion valuation actually makes sense
Tag: venture capital
Innovation over profits: why everyone from GM to American Express is getting in on Silicon Valley
The days of “focus on what you’re good at” are behind us. It’s no longer adequate for businesses to stay isolated and let technology get built around them. They want to get involved. Starbucks, for example, is in the business of coffee, but that didn’t stop them from investing $25 million in Square, a mobile… Continue reading Innovation over profits: why everyone from GM to American Express is getting in on Silicon Valley
How to get foreign investors to fund your video games
Getting a local investor is as hard and rare as it gets. Miscalculating the amount of money and time taken to make a video game can tick off any investor that you might have, and it’s not anything new for me, I have seen that kind of situations many times before. For a foreign investor,… Continue reading How to get foreign investors to fund your video games
Michael Arrington’s CrunchFund dreams takes Techcrunch off the “credible source” list
Update: According to Business Insider, Arrington is no longer employed by AOL. This changes the stance of this article a little, but there still remains a conflict of interest with or without a job for the publication. AOL, which owns Techcrunch, has invested $10 million into Arrington’s CrunchFund. That along with Arrington’s statement about “friends”… Continue reading Michael Arrington’s CrunchFund dreams takes Techcrunch off the “credible source” list
State of the union of venture capital
Each year, college students drop out of universities, men and women leave their jobs, and people of all ages begin setting up shop in their basement or garage with one purpose in mind: to pioneer the company of their dreams. Getting a new business started sometimes means investing large sums of money, and when entrepreneurs… Continue reading State of the union of venture capital