Aol’s chairman and CEO Tim Armstrong was in the house last week at TechCrunch’s Disrupt NYC conference, and while he got a good grilling on stage by my colleague Josh Constine, we still took advantage of the chance to pull him aside for a follow-up chat backstage for TechCrunch TV to ask a few more questions. → Read More
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Paul Graham may be the most public face of Silicon Valley startup incubator Y Combinator, but as the firm has grown so has its managing team. One of the first people to join YC as a partner besides its founders was Harjeet Taggar, an Oxford-educated entrepreneur who first came on the startup scene as the co-founder of Auctomatic, a company in YC’s 2007 class that went on to be acquired by Live Current Media in 2008.
Though he’s relatively young, once you hear Taggar speak for a few minutes you get why YC snapped him up as a partner… → Read More
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Earlier this morning at D10 KPCB analyst Mary Meeker showed a pretty definitive slide about the current state of the public markets with regards to tech companies. “The private market is in a bubble,” Meeker said, “We have a $1 billion fund, and didn’t invest once in Q1 because the valuations too crazy.”
The problem with these valuations is that public market investors are more skeptical, Meeker asserted bringing up the above slide comparing the IPOs of Facebook, Zynga, Groupon, Pandora and LinkedIn. Because of this skepticism their valuations are suppressed, almost all were trading at 20% lower than their initial IPO pricing, all except LinkedIn that is. The public market has taken kindly to the career focused social network, which is currently trading at $100 a share, 137% above its strike price of $32.
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Big data is not only hot in the startup world but also in the university. Stanford, with its intimate access to Silicon Valley is most readily associated with the study of big data. But UC Berkeley, the other great university in the Bay Area, is hot on Stanford’s heels in terms of making sense of our new data driven economy. And later this week (May 31-June 1), Berkeley is hosting a conference about big data entitled Data Edge which promises to explore many of the most interesting questions about defining, understanding and extracting value from big data. → Read More
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