• Engineering Director Lars Rasmussen Leaving Facebook To Co-Found A Music Startup

    Engineering Director Lars Rasmussen Leaving Facebook To Co-Found A Music Startup

    Facebook at Work, Facebook’s first move to turn its social network into an enterprise tool, has remained in closed beta since its launch in January this year. But as the product continues to inch its way to general availability, it will be doing so without one of its key architects. Lars Rasmussen — Facebook’s engineering director, who helped create and run Facebook… Read More

  • Freelancer.com Acquires Payment Service Provider Escrow.com For $7.5M

    Freelancer.com Acquires Payment Service Provider Escrow.com For $7.5M

    Job marketplace Freelancer.com announced today that it has agreed to purchased Escrow.com for $7.5 million in cash. The acquisition was funded by through an placement of $10 million AUD (about $7.8 million) in ordinary shares of Freelancer.com to institutional investors. As its name suggests, Escrow.com provides online escrow services for e-commerce sites by holding payments for goods or… Read More

  • Bitcoin’s Q1: Record VC Investment, Falling Prices, And Slow Consumer Adoption

    Bitcoin’s Q1: Record VC Investment, Falling Prices, And Slow Consumer Adoption

    The bitcoin-watching news service CoinDesk recently released its first quarter look into the cryptocurrency’s performance during the opening months of 2015. Mostly the data is net positive, showing an increase in total wallets, and investment. However, there are a number of included data points that demonstrate slowing growth in key bitcoin, and bitcoin-related areas. The collected… Read More

  • uBeam’s Ultrasound Wireless Charging Is Real, And About To Be Really Funded

    uBeam’s Ultrasound Wireless Charging Is Real, And About To Be Really Funded

    What if wireless power at a distance actually worked? It does. uBeam invented a way to wirelessly send energy up to 15 feet away with ultrasound. What if you could slap a wireless charging case on your phone and charge it while you move around or use it? uBeam invented that too. While early uBeam prototype were massive, non-portable boxes that merely shot power around, it now has a working… Read More

  • Internet Privacy Is The Wrong Conversation

    Internet Privacy Is The Wrong Conversation

    On April 2, the Wall Street Journal reported that Facebook is in hot water with government regulators in six European countries over its practice of tracking users’ movements across the web to sell targeted advertising. The kerfuffle illustrates the bind that the world finds itself in over tracking – the collection and sharing of data on users’ browsing habits to help sites… Read More

  • The Micro VC Shakeout

    The Micro VC Shakeout

    When we started Bullpen Capital in 2011, there were about 30 or so “microVC” or “micro-seed” funds — and we knew them all. Today, four years later, there are likely over 220 micro VC funds and growing. In fact, I joke with my partners that “we will likely get to 400 before we go back to 40.” That line always elicits a nervous laughter, as it captures… Read More

  • Silicon Valley Can Accelerate Social Impact Globally

    Silicon Valley Can Accelerate Social Impact Globally

    Silicon Valley’s influence is undeniable but its global impact has always been a passive byproduct of success at home. To make a lasting, material difference, there needs to be a concerted effort to expand its reach in a substantial and sustainable way. For the better part of the last century, the Valley has been a bedrock for technological progress and era-defining industry. From… Read More

  • Back To The Future In Enterprise SaaS Selling

    Back To The Future In Enterprise SaaS Selling

    Given the success of Box, it’s hard to imagine that founder Aaron Levie believes he should have done something differently in the company’s early years. However, while speaking to Storm Ventures’ Jason Lemkin at this year’s SaaStr conference, Levie revealed exactly what he would have changed. Although it is somewhat hidden in the rest of the interview, Levie points out… Read More

  • You Need To Be A Billion Just To Make A Million

    You Need To Be A Billion Just To Make A Million

    I always love peering into the world of executive recruiting. As a grad student and as a writer, the thought that there are people out there chasing other people to get them to work at massive wages always seemed to me like a bounty hunter scene out of a strange science fiction movie. Sometimes the wages offered are as much as $1 million; sometimes, that’s not enough. Competition in… Read More

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