Yesterday, venture capitalist and Y Combinator president Sam Altman whined on Twitter about getting booted from the Ritz bar in London for wearing sneakers. The tweet devolved into a dreadful discussion about whether any city that bans sneakers in upscale places can really be serious about startups. Really.
A San Francisco jury has ruled against all four claims of gender discrimination and retaliation by termination brought by Ellen Pao against venture capital firm Kleiner Perkins Caulfield & Byers, in what many are calling a landmark case for Silicon Valley. Pao is currently the interim CEO of Reddit. [Valleywag]
It looks like Google is going to throw a ten-figure sum into Elon Musk's space internet dream. Both The Information and The Wall Street Journal report that the search giant is finalizing a $1 billion investment in SpaceX's recently revealed effort to offer global internet service through small satellites. It's a crazy…
First Round Capital funds some of the best companies in tech. But this horrific video makes me lose all respect for them. Especially because First Round made its portfolio companies participate in this piece of crap.
Aol's Techcrunch is in disarray. Last week Aol/Techcrunch announced a venture fund that would finance the kind of start-ups it covers. That made lots of people cry foul. Now Mike Arrington's out of a job. What does it all mean?
In what seems like an obvious conflict of interest, Fortune reports that Mike Arrington, founder of Aol's TechCrunch, is launching a venture capital fund to invest in start-up companies. Aol's TechCrunch specializes in reporting on start ups.
Hot on the heels of the BlackBerry Bold comes the news that the company behind it is to start up its own venture capital firm. And if it's a way of besting Apple's iFund, then the Canadians win, by fifty million buckeroonies. The BlackBerry Partners Fund is a bunk up between RIM and Thomson Reuters, and has earmarked…