VC Shocked By Startups Wasting the Wasteful Money He Handed Them

Fred Wilson is a star venture capitalist, one of those check-cutting white men whose blog posts are read like tea leaves by his peers (Think Marc Andreessen with less skull and more brain). But complaining about wasteful startups wasting the excessive cash you dumped on them is plain stupid » 9/17/14 5:25pm 11 minutes ago

Thirsty Uber Seeks the Fresh Blood of Military Veterans

Uber, the smartphone-based succubus that's driving taxis to extinction (but isn't really driving disabled people anywhere), is branching out to military vets and their loved ones. They want vet drivers, vet riders and most importantly, several well-placed executives in the federal defense establishment. » 9/17/14 5:05pm 30 minutes ago

Peter Thiel Slams Twitter: "A lot of pot smoking going on over there"

Everyone's favorite gay libertarian hypocrite is up early this morning, and he's got big opinions: Peter Thiel just hopped on CNBC to call Twitter's executives a bunch of weed-snorting losers. » 9/17/14 9:56am Today 9:56am

Taxis Have Lost 65 Percent of Their Business, Screwing The Disabled

Uber and Lyft have been squeezing yellow cabs ever since they launched their on-demand car services. But the political shtick that startups are the underdog against "big taxi" is becoming a lie: according to San Francisco's taxi boss, the city's cabs have seen average trips decline by 65 percent in just over two years. » 9/16/14 3:10pm Yesterday 3:10pm

Snapchat Investor Says High-Profile Failures Are Just Around the Corner

Bill Gurley, the Benchmark Capital investor who backed Snapchat and Uber, is uber-bullish when it comes to his own portfolio. But the rest of Silicon Valley, he says, is not nearly frightened enough: "No one's fearful, everyone's greedy, and it will eventually end." » 9/15/14 1:45pm Monday 1:45pm

Microsoft Buys Minecraft Maker Mojang for $2.5 Billion

Microsoft just announced in a press release that it has acquired Mojang, creators of Minecraft, in a $2.5 billion deal. Furthermore, all three of Mojang's original founders, including Markus "Notch" Persson, will be leaving Mojang following the acquisition. » 9/15/14 11:05am Monday 11:05am

Why Does Andreessen Horowitz Have an Official Rapper?

Divine, an underground rapper from Brooklyn, has taken his friendship with venture capitalist Ben Horowitz, who invested in Rap Genius, to the next level. First Divine made a music video for Horowitz's birthday. Now they're posing in matching tees that says: VC LIFE: Inspired by Ben Horowitz. » 9/15/14 10:35am Monday 10:35am

Unfortunately for Silicon Valley's slobbering pursuit of autonomy, California will remain one state. Venture capitalist Tim Draper's plan to break the state into six parts failed to make the 2016 ballot after his "Six Californias" campaign to submitted a insufficient number of signatures to the Secretary of State. » 9/15/14 10:04am Monday 10:04am

Police Accused of Killing Engineer Who Exposed Wage-Fixing Scandal

Brandon Marshall was an accomplished quality assurance engineer who helped exposed the illegal anti-poaching practices of some of Silicon Valley's biggest firms. But he also suffered from mental health issues. And according to an investigation by the San Jose Mercury News, the Roku engineer was experiencing a mental… » 9/12/14 12:00pm Friday 12:00pm

Startups With Millions Demand "Tryouts" Before Hiring You

Startups have found a hot not new human resources trend to fit their fast-growth lifestyle: making job candidates work on contract for a week to months before they decide to hire them. But startups have a really good reason for leaning on adult internships. They're just trying to protect their all-important "culture." » 9/11/14 5:55pm Thursday 5:55pm

The NSA Was Going to Fine Yahoo $250K a Day If It Didn't Join PRISM

When we first learned about NSA metadata collection, we wondered how readily the biggest tech companies acquiesced to the government. Today we start to find out. This is the story of how Yahoo was coerced into PRISM, as told by court documents cited by the Washington Post today. » 9/11/14 5:06pm 9/11/14 5:06pm

Soho House Is Having a Hackathon

Soho House New York, the members-only club that once tried to banish investment bankers, has been much more welcoming to the new crop of capitalists. Techies should feel even more comfortable in lap of luxury now because the club is adopting one of their native customs: the hackathon. » 9/11/14 3:00pm 9/11/14 3:00pm

My Day on the Emoji-Only Social Network, Translated (I Think)

Words are dead. Grammar, syntax, nuance—all pointless when adorable cartoon sea animals can do the dirty work for us. At least, that's the world Emojli, an emoji-only social network, would like to envision. But after spending some time there, I am more than happy with my inanimate letters. For Emojli's future is a… » 9/11/14 2:13pm 9/11/14 2:13pm