I have this friend who works as a venture capitalist in Silicon Valley. I call him the Vulture. He always has the best stories about what really goes on inside these crazy startup deals, and how VCs really behave once they've put money into a company — usually, like a pack of assholes. Last night he sent me an email about an item that was in the news yesterday: Kevin Rose, the founder of Digg and formerly a partner at Google Ventures, is bailing out of Google Ventures and starting an incubator, North Technologies. He has raised $5 million to get started, and admits he has no idea what the big idea will be. "You're investing in a couple product people getting together and trying a bunch of different ideas," he told re/code.
On September 4th, Kevin Rose, the Digg founder turned partner at Google Ventures, sent out a series of texts to the folks who were beta testing his new photo-sharing app, Tiiny. People were curious about the similarities between Tiiny and another photo-sharing app, Cap, made by Rose's protege Danny Trinh.
What happened to just letting a shitty idea die? For Kevin Rose, giving up the dream of owning a thriving app incubator is something he can't let go of. The former television personality's last company, Milk, released one app before the entire company shut down. Now after two years of investing, Rose is rehashing his old doomed business plan with a new company.
Google Ventures partner Kevin Rose is quickly racking up enemies in Portland. After infuriating thousands of residents over his planned demolition of a historic home, the Digg founder offered to sell the property back to the original owners for $1.375 million in cash. A group of neighbors scrounged together the funds and accepted Rose's offer, but he's leveling the landmark house anyway.
The anti-capitalist activists behind the Counterforce finally released footage of the protest they staged outside the San Francisco home of Google Ventures investor Kevin Rose. The video confirms that the anonymous people I interviewed were part of the protest, but it's hard to muster much empathy for either side.
After slogging through their 2,000-word anti-Google ransom note, I did not expect to engage in a remotely reasonable discussion with the Counterforce. Not when the anti-capitalist protestors distributed fliers to Kevin Rose's neighbors in San Francisco demanding that Google pay them $3 billion—and especially not when the group "stalked" Google X engineer Anthony Levandowski.
Yesterday was not an insanely awesome #sundayfunday for Google Ventures general partner Kevin Rose. Protestors gathered outside the Digg founder's San Francisco home in Potrero Hill with banners calling him "a parasite," threatening to "snip snip" his "ballz" (a reference to a joke Rose made in 2008 about cutting a woman's breasts with a pair of scissors), and demanding a $3 billion ransom.