“Ron Conway , one of Silicon Valley’s most prolific angel investors (and he was also an early investor in Google), wrote an email yesterday to the CEOs of his portfolio companies. In no uncertain terms he outlines a bleak immediate future, and gives advice to his startups. It’s the same advice, actually, that he gave in 2000 during the tech meltdown that was then happening in real time. Lower your burn rates to get at least 3 more months out …”
via TechCrunch
Archive for the ‘TechCrunch’ Category
Angel Investor Ron Conway Adresses His Portfolio Companies Over Financial Meltdown
Sunday, October 12th, 2008Ten Years Later, Yahoo Finally Updates Its Calendar
Wednesday, October 8th, 2008“It’s literally been ten years since Yahoo updated its online calendar. And it’s been more than two years since Google launched its Web-based calendar. But tonight it will start rolling out a new drag-and-drop, Ajax calendar in a closed beta to Yahoo Mail users in the U.S., UK, India, Taiwan, and Brazil. You can sign up for it here . The new Yahoo Calendar doesn’t do much that you cannot already do with Google’s or other online calendars. It is …”
via TechCrunch
Earthcomber Sues TechCrunch Out Of Spite, Pisses Me Off Personally
Wednesday, October 8th, 2008“We’ve had serious legal threats five times in the past, from YouTube , Marvel , Rivals , Mediascrape and my personal favorite, Richard Figueroa . None of those threats went to court because all of them were absurd, and we don’t back down under any circumstances (unless we’re in the wrong, which we never were). But today, based on the calls I’ve received from CNET and the San Jose Mercury News, we’ve actually been sued. Earthcomber, the holder of a …”
via TechCrunch
Apple Met Goal of 10 million iPhones Sold in 2008
Wednesday, October 8th, 2008“By using some fairly interesting IMEI collection, the folks at Mac Observer have found that Apple sold 10 million iPhones in 2008, reaching and potentially surpassing Steve’s original stated goal. By looking at phones sold over the last few months, Mac Observer’s “Apple Finance Board” found that the phone has gone through nine 1 million unit runs. Adding this to the known sales they found the total number was far above analyst expectations.”
via TechCrunch
Facebook Co-Founder Departs To Build “Extensible Enterprise Productivity Suite”
Tuesday, October 7th, 2008“Update: An email from Moskovitz about his departure has surfaced . We’ve published it, too, below. Rumors started to leak earlier today that Facebook co-founder Dustin Moskovitz (left) and colleague Justin Rosenstein were leaving to start their own company. Facebook has since confirmed the rumor to us with a simple quote from Mark Zuckerberg: “Dustin has always had Facebook’s best interests at heart and will always be someone I turn to for advice.” Fortunately, Rosenstein (who formerly worked at Google …”
via TechCrunch
What Is The Deal With This Stupid Lighter iPhone App?
Tuesday, October 7th, 2008“Everyone keeps talking about Smule’s virtual lighter iPhone application called Sonic Lighter ( iTunes link ). I wasn’t impressed: there are no less than ten different virtual lighter apps in iTunes, which is what I’d call a saturated market. And it gets better, because Sonic Lighter costs $.99. The official Zippo iphone app is free. The basic functionality of all of these is similar – you have a virtual lighter, you light it and when you move the iPhone the …”
via TechCrunch
eBay Won’t Take Less Than $75 Million For StumbleUpon
Tuesday, October 7th, 2008“Deutsche Bank is still out there trying to find a buyer for eBay’s StumbleUpon business, we’ve heard from new sources (we first reported on this on September 18). But there’s one problem: while eBay wants to unload the business, they aren’t willing to sell it for less than $75 million, the price they paid for it in May 2007. eBay has denied the sale attempt, but there are too many people who’ve seen the deal book and have heard Deutsche …”
via TechCrunch
Startups Best Positioned To Weather A Downturn
Saturday, October 4th, 2008“Now that Congress has failed to bail out Wall Street, the country (and world, to a lesser extent) has begun bracing itself for nuclear winter. The technology sector is no exception , even if the Silicon Valley tends to fancy itself as immune to broader economic turmoil. As Fred Wilson points out , those startups backed by venture capitalists will fare the best during these hard times. So we compiled a list of all the technology startups that have raised …”
via TechCrunch
State of The Blogosphere: The More You Post, The Higher You Rank
Friday, October 3rd, 2008“All week, Technorati is releasing data from its 2008 State of the Blogosphere report. On Monday, Technorati told us that bloggers only need 100,000 visitors a month to make $75,000 a year (yeah, right). Today , it offers up something more believable: the more you post, the higher you are likely to rank on Technorati. Blogging is a volume game. The more you post, the more chances there are that someone else will link to one of your posts. (Technorati …”
via TechCrunch
MySpace Music To Launch Tonight. Here’s What You’ll See (And Hear)
Friday, October 3rd, 2008“The ambitious new MySpace Music joint venture will launch this evening at 9 pm at music.myspace.com . All four major labels – Universal, Warner, Sony and EMI – are on board (EMI was a last minute addition). Also joining the venture is The Orchard, an independent music distributor, and four major publishing companies. Basically, everyone who controls rights to music is part of the new venture. MySpace Music allows users to stream virtually any song ever published for free. Users …”
via TechCrunch