Amid all the entrepreneurs striving to make the next Facebook, a new accelerator program is launching to help startups become the next Box or Yammer. Starting in July, the venture capital-backed Alchemist Accelerator program will help 12 teams whose mission...
Read more »Zuckerberg’s Hoodie a ‘Mark of Immaturity,’ Analyst Says
Mark Zuckerberg is known for having arrived late for a meeting with prospective investor Sequoia Capital and giving a less-than-serious pitch while wearing pajamas. Now, as Facebook preps its initial public offering, Zuckerberg’s wardrobe has not received much of an...
Read more »Scenes From Facebook Road Show
At the Sheraton New York Hotel on 7th Avenue in Manhattan, investors killed time on their BlackBerrys and iPads while in line for a presentation by Facebook CEO Mark Zuckerberg and other executives (first photo). They waited to hear a...
Read more »Founder of Color Still Has Faith, Partners With Verizon on Android
Bill Nguyen, the founder of the photo- and video-sharing application Color, acknowledges his company has so far been better at grabbing the attention of venture capitalists than actual users. After accepting $41 million from investors for an application that failed...
Read more »Should Startups File for Patents?
Add one more thing to the tech entrepreneur’s to-do list: file patents. Startups on small budgets have often viewed patents as an unnecessary expense because each one can cost around $15,000. But as Apple, Facebook, Google and other tech companies...
Read more »Watch Facebook’s IPO Roadshow Video Presentation
Check out Facebook’s video presentation, showing what it will present to investors when executives go on the road ahead of an initial public offering. This is a pitch — the company shows plenty of smiling users — but it gives...
Read more »PayPal Rival WePay Raises $10M
Back in his days at Boston College, Bill Clerico knew how to stand out in a crowd. He did it by donning a costume of the school’s mascot, an eagle. Now as co-founder and CEO of WePay, one of many...
Read more »Twitter Said to Have Considered Buying Mobile Photo App Camera+
Soon after Facebook agreed to pay $1 billion for Instagram, social networking rival Twitter considered acquiring a mobile photo-sharing application called Camera+, two people with knowledge of the negotiations said. Twitter executives held several meetings with Camera+ developer Tap Tap...
Read more »Amazon Was More Investor than Retailer in the First Quarter
Amazon.com is the world’s largest online retailer, but its outside investments contributed more money to the company’s bottom line in the first quarter than its e-commerce operations. In the three months ended March 31, Amazon made more than half...
Read more »Benchmark Capital Scores With Instagram, Demandforce and IPOs
The hits keep coming for Benchmark Capital. Following Facebook’s $1 billion acquisition of Instagram earlier this month, the venture firm scored again today after Intuit agreed to buy e-mail marketer Demandforce for $423.5 million. Benchmark, the Silicon Valley firm that...
Read more »Enterprise IPOs Have Done Better Than Consumer Ones, Tableau Says
For all the hype over the upcoming Facebook initial public offering, companies that serve consumers don’t give investors as good a return as companies that focus on corporate users, according to data compiled by Tableau Software Inc. Companies focused on...
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