Momentum is shifting from ad revenue to subscription revenue, and that's not good for Facebook

Momentum is shifting from ad revenue to subscription revenue, and that's not good for Facebook

If there is one beneficiary emerging from the crisis of conscience engulfing Facebook right now, it's the subscription-based business model.
Apr 2 · 6 minutes
Softbank's Vision Fund: A 300-year vision with a case of myopia

Softbank's Vision Fund: A 300-year vision with a case of myopia

Softbank's legacy may not be so much in 300-year returns, but in the short-term turbulence it's inflicting on Silicon Valley finance.
Mar 22 · 6 minutes
Expanding the borders into hell: Can a new crop of female and minority founded venture funds rescue us from the “hoodie kings”?

Expanding the borders into hell: Can a new crop of female and minority founded venture funds rescue us from the “hoodie kings”?

“If we just give up, if we let these creeps have their way, we’re going to have another two decades of this”
Jan 31 · 14 minutes
M&Apalooza: 2017 will be a year of put up or shut up in Silicon Valley

M&Apalooza: 2017 will be a year of put up or shut up in Silicon Valley

We’ll likely see a few stunning deals, and a lot of product buys, distribution buys, talent buys.
Jan 6 · 9 minutes
You Do You: Twitter acts like a lazy incumbent, while Facebook stays paranoid

You Do You: Twitter acts like a lazy incumbent, while Facebook stays paranoid

The public company lessons that unicorns should learn from the Web 2.0 era.
Nov 3 · 12 minutes
After rumors that NastyGal was seeking a buyer, new rumors emerge of a $40 million cram-down round

After rumors that NastyGal was seeking a buyer, new rumors emerge of a $40 million cram-down round

No matter the terms, more cash means more time for the one-time ecommerce darling.
Oct 12 · 4 minutes
Pony hair, don’t care: Half of the $1 billion+ exits this year were NOT unicorns

Pony hair, don’t care: Half of the $1 billion+ exits this year were NOT unicorns

Get ready for more AppLovin billboards, Highway 101 drivers.
Sep 28 · 5 minutes
Post LinkedIn, is there a wave of tech M&A deals coming?

Post LinkedIn, is there a wave of tech M&A deals coming?

There's a new willingness – if not a growing restlessness – among VCs to explore buyouts of their portfolio companies.
Jun 23 · 4 minutes
Is Pinterest just a private Twitter?

Is Pinterest just a private Twitter?

“Subtle” isn’t how you earn an $11b valuation.
Apr 27 · 6 minutes
If this week's earnings are any indication, the IPO window is staying closed

If this week's earnings are any indication, the IPO window is staying closed

To get an idea of how investors in the public stock market are feeling about private companies planning an IPO, just take a look at how they are treating tech stocks already in the market.
Apr 22 · 5 minutes
If Buzzfeed is screwed, everyone else is REALLY screwed

If Buzzfeed is screwed, everyone else is REALLY screwed

This is just a brutal business.
Apr 13 · 4 minutes
The switch to subscription has meant huge growth for Adobe

The switch to subscription has meant huge growth for Adobe

Adobe's stock has risen 174 percent in the past four years and 27 percent in the past year alone.
Mar 25 · 4 minutes
According to SEC filings, Tellspec's $1.5m funding round actually only raised $25k

According to SEC filings, Tellspec's $1.5m funding round actually only raised $25k

Remarkably, something about Tellspec turns out not to be true.
Mar 23 · 1 minute
Is the worst over?

Is the worst over?

And if so, is there still life to be found in the market for tech IPOs?
Mar 22 · 4 minutes
Will someone please tell WeWork we’re in a downturn?

Will someone please tell WeWork we’re in a downturn?

It’s raising its third mega round in less than 18 months to expand in Asia at a 60% higher valuation. What could possibly go wrong?
Mar 10 · 4 minutes
Until recently, you had to be a failure to be in trouble. Now, it's enough for you to be weak

Until recently, you had to be a failure to be in trouble. Now, it's enough for you to be weak

To get a sense of what the tech landscape may look like if, as expected, the capital markets dry up next year, consider Angie's List.
Nov 12 · 5 minutes
Nurse that ratchet: Data shows Chegg is far from the only unicorn to accept onerous terms

Nurse that ratchet: Data shows Chegg is far from the only unicorn to accept onerous terms

“I’ll give you any valuation you want if you let me write the rest of the term sheet” – Every VC who has ever lived.
Oct 23 · 3 minutes
Thumbtack is a Frankenstein's unicorn

Thumbtack is a Frankenstein's unicorn

Plumbers and hair-stylists and wedding planners and roofers, oh my!
Oct 1 · 3 minutes
Leadership? As Jack Dorsey was buying $875k in Twitter stock, Evan Williams offloaded more than $10m

Leadership? As Jack Dorsey was buying $875k in Twitter stock, Evan Williams offloaded more than $10m

In less than six months, Evan Williams has cashed out over $61m in Twitter stock.
Aug 10 · 1 minute
We’re gonna need a bigger round...

We’re gonna need a bigger round...

After 15 years of staggering declines, the cost of building a company in San Francisco is rising sharply.
Jul 30 · 4 minutes
The New Gawker: Business as usual for Nick Denton

The New Gawker: Business as usual for Nick Denton

The past few weeks prove Nick Denton remains what he has always been: An opportunist, a speculator, and a master showman.
Jul 27 · 7 minutes
Why most of the Valley was plain wrong about Asia (To the tune of some $15b)

Why most of the Valley was plain wrong about Asia (To the tune of some $15b)

Nothing in the emerging world is going to pattern-match the US— including venture capital.
Jul 27 · 6 minutes
Congrats on your independence, PayPal! (I give it two years)

Congrats on your independence, PayPal! (I give it two years)

An asset so nice, I bet it's acquired twice.
Jul 24 · 5 minutes
Every second, three startups are launched globally, as VCs invest $90k a minute

Every second, three startups are launched globally, as VCs invest $90k a minute

It’s a pretty great time to raise venture capital in America.
Jul 22 · 2 minutes
The only stat about unicorns that should worry Silicon Valley

The only stat about unicorns that should worry Silicon Valley

And why it will almost certainly get worse.
Jul 21 · 11 minutes
If Twitter's for sale (which, like it or not, it is), here's why Google should buy

If Twitter's for sale (which, like it or not, it is), here's why Google should buy

If anything seems certain about the future of Twitter, it's that an acquisition by a larger company is looking like the most probable endgame.
Jul 21 · 8 minutes
Happy Google investors may not be good for the company's long-term vision

Happy Google investors may not be good for the company's long-term vision

Google's 300-year plan is losing more and more ground to the three-month forecast.
Jul 17 · 4 minutes