Silicon Valley Sure Is Spending Like There's a Bubble
If all the Facebook, Pinterest and Spotify over-valuation talk this week hasn't signaled a tech bubble, the spending happening in and around Silicon Valley should do the trick.
Before we watch Facebook be its public self at 11:00 a.m this morning, when its starts trading on the stock market, it's time to get caught up on what this all means. Before that bell rings in a few hours, here's everything you need to know.
If all the Facebook, Pinterest and Spotify over-valuation talk this week hasn't signaled a tech bubble, the spending happening in and around Silicon Valley should do the trick.
Silicon Valley likes to think it has a nice meritocracy going on, where smarts and ingenuity trump money and social class, but the circle of tech companies, described in today's New York Times proves, yet again, that's not exactly how it works.
What do Silicon Valley startups have in common with fraternities? A lot, it turns out.
The nerds of Silicon Valley are all upset that these rich kids are taking over the industry that wants to be known for rewarding smarts and hard work over old money and connections.
A new surge in patent lawsuits shows that Chicago, not Silicon Valley, is setting the rules for how patents should encourage innovation.
As yet another jousting match goes down between a member of the New York City media elite and a Silicon Valley-based blogger dude, we're starting to get concerned that journalists covering the tech industry have no idea what they're doing.
"While little data on the phenomenon exists, venture capitalists say they are funding more chief executives under age 21 than ever before," reports Reuters' Sarah McBride.
More bad news for the floundering Yahoo, as talks over the sale of its Asian assets have been put on hold, reports AllThingsD's Kara Swisher.
Yahoo chairman Roy Bostock and three of his fellow board members bowed out of their roles at America's former homepage on Tuesday afternoon.
The New York Times has a profile today of Sheryl Sandberg, the second-in-command at Facebook, whose personal fortune could reach $1.6 billion after the company's IPO.
Bubble or not, tech employees in Silicon Valley seems to be doing pretty well.
Though Silicon Valley continues to point to its big portfolios and the industry's high valuations, a look at how incubator start-ups are doing shows what's really happening in the tech world.
Amid discussions in the tech community over the health of young, overworked engineers, Michael Arrington has written a polarizing post on Uncrunched urging Silicon Valley to, "work more, cry less, and quit all the whining."
New York startup-types did not like Y Combinator founder Paul Graham's take on their city
One expert calls it a "wanna-bubble." But should we be worried about repeating 1999?
Quantum computing and quadrillions of calculations per second are the new reality
Some are saying that Silicon Valley's relationship with marketing has gone too far
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