Fancy Delivery Startup Is Illegally Storing Food On the Streets

Kevin Montgomery · 11/10/14 08:20PM

By Silicon Valley standards, Munchery is already a success. The startup, which hand-delivers cold meals for customers to reheat, has tens of millions in funding. One of its investors likes to call it "the largest restaurant in the world." To get to that level, however, Munchery has been illegally storing Silicon Valley's dinner on the street.

Tyra Banks Is Dating Oversharing Uber Investor Shervin Pishevar

Nitasha Tiku · 01/11/14 09:00AM

The first and only time I was permitted to gaze (through a Skype window) at the glittering visage of Tyra Banks, the tech-curious TV personality told me she would "love to have invested in Uber." Banks, who launched her own photo app and claimed to spend "a lot of time in Silicon Valley," may have better deal flow now that she's dating Shervin Pishevar, an early investor in the $3.5 billion e-hailing company.

Celeb-Backed Blackjet Is Officially Fucked

Nitasha Tiku · 12/20/13 10:30AM

Blackjet, the Uber for private jets backed by Jay-Z, Ashton Kutcher, Will Smith, and Shervin Pishevar, has laid off most of its employees after additional funding did not come through, reports Last month, we reported that Blackjet was "basically over" and "fucked" and it's hard to see how the company could recover from these revelations from a former employee.

Bieber's Selfie App Is a Total Dud

Sam Biddle · 12/05/13 10:40AM

A fawning, sprawling writeup from TechCrunch and the co-sign of a pop boy-deity looks like it wasn't enough: the hyper-hyped Shots of Me app is already sliding into oblivion.

Jay Z and Ashton Kutcher-Backed "Uber For Planes" Grinds to a Halt

Nitasha Tiku · 11/20/13 03:39PM

Of all the "Uber for __" propositions, the splashiest by far was Blackjet, the app that purports to help wealthy users book seats on private jets (for a $2,500 annual membership fee). When it launched last October, the company touted A-list Hollywood investors like Ashton Kutcher, Jay Z, and Will Smith, not to mention connections to successful—or successful-seeming—companies like Uber. But sources tell Valleywag that Blackjet is in a tailspin—out of cash, unable to raise funds, and "basically over." Another source said: "They are fucked."

If Justin Bieber Is a "Lead Investor" Then Tech Titles Have No Meaning

Nitasha Tiku · 11/04/13 04:04PM

Last week, Lenovo, a Chinese multinational corporation that sells personal computers and other electronic devices, hired actor-capitalist Ashton Kutcher as a "product engineer." Not a celebrity spokesperson, venture capitalist, or even the more laissez-faire "creative director" (à la Alicia Keys and BlackBerry, but a product engineer. Today, Fortune reports that Justin Bieber is the "lead investor" in a "new teen-focused social network" called Shots of Me.

Nerd A-List Turns Out for Kanye and Kim's Engagement

Sam Biddle · 10/22/13 01:56PM

The merging of America's traditional Haute Asshole cohort and the new economic engine is happening faster than predicted: just look at how many Silicon Valley fixtures were at last night's San Francisco love IPO between the West and Kardashian families.