Valleywag is Gawker's column from Silicon Valley. Edited by Ryan Tate, it carries technology and internet gossip — the news too scurrilous and juicy for the industry's trade rags.
meechybee: The pub in my office consists of the bottle of gin I have stashed under my desk. more »
PontiusPirate: We're making executive assistants newsworthy now? Great, I have a pertinent question for her:
Hey Kristen, how is the coffee at Twitter? Better than ... more »
hilikusopus: Ah, yes, the tavern: natural habitat of corporate spies since the middle ages -- except I suppose they were called guild spies back then. more »
ModernMindOfM: 'Stoked' is quickly becoming to 2010 what 'Like' was the to past 15 years. more »
No one knows what Facebook and Twitter are really worth, sexy though the startups may be. But AdMob, an obscure company in Silicon Valley's hinterlands, has a very clear, solid value: $750 million in stock from acquirer Google. Yay boring!
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With great power comes great responsibility, and with great responsibility comes great headaches. So after years as the hottest, most talked about startup in Silicon Valley, Twitter is ready to relinquish some control of the national conversation.
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The I Can Haz Cheezburger guy, Ben Huh, got an AdAge profile. They've got 21 full-time employees, 30 blogs, and 11.5M visitors a month. They were profitable in their first quarter "almost entirely via ad networks and Google AdSense." [AdAge]
Julia Allison wants to be a Web mogul. Foreman of a fameball factory. Oprah to a dozen young Dr. Phils. In short, she'd like to replicate herself. Ominously, for such grand ambitions, she's recruiting on Cragslist.
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Drue Kataoka and Svetlozar Kazanjiev have come up with a novel way to hit up their wedding guests for cash: explain the cash will be used to generate even larger sums of cash, via the internet.
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Two years ago, music service iLike appeared to be set: Its CEO said it was "made," its investor mused it could be a "billion-dollar winner," and the press was enthralled. Now the poster child is a cautionary tale.
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Has any celebrity tied himself so closely to a technology product as Ashton Kutcher with Twitter? It's doubtful, and yet Kutcher hasn't received a dime for his defacto endorsement. That's not lost on the actor.
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How will Twitter ramp its revenue from nothing to $21 million a month in less than two years, as its managers forecast? Maybe by simply monitoring what you tweet about, and then targeting ads at you.
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Allen & Company is doing its annual thing in Sun Valley, Idaho, in which old moguls shamelessly ogle the most supple young internet startups. This year, everyone's drooling over Twitter. Last year's trophy companies? Not looking so sexy.
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For a startup founder itching to cash out, the recession can be tough: The economy fades hopes for an acquisition or plum funding round. Perhaps this explains some of the testiness around this year's awards from Silicon Alley Insider.
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How distorted is Twitter's view of the world? That question is neatly answered by Topsy, a new search engine that's like Google, except sorted by the attention-deficit-disorder sufferers who live on Twitter.
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Being a startup is way more fun than being a business. Which is why we see Twitter and Facebook in seeming economic denial this morning. Who wants to confront financial reality, like Google?
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