Sarah Lacy

Sarah Lacy writes for PandoDaily, a news site which she founded.

She is also an award winning journalist and author of two critically acclaimed books, “Once You’re Lucky, Twice You’re Good: The Rebirth of Silicon Valley and the Rise of Web 2.0” (Gotham Books, May 2008) and “Brilliant, Crazy, Cocky: How the Top 1% of Entrepreneurs Profit from Global Chaos (Wiley, February 2011).

Lacy has been a reporter in Silicon Valley for nearly fifteen years, covering everything from the tiniest startups to the largest public companies. She was formerly a staff writer and columnist for BusinessWeek, the founding co-host of Yahoo Finance’s Tech Ticker, and a senior editor at TechCrunch. She lives in San Francisco.

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Latest from Sarah Lacy

  • Is Sequoia China in Trouble?

    Is Sequoia China in Trouble?

    BEIJING, CHINA-- Starbucks is a franchise in China that worked. The company opened locations at the bottom of all the major tourist hotels and downtown areas where returning Chinese, expats and business people traveling to China would pop in for some familiarity and to hold meetings, much like they do in the U.S. For people hoping to mix with that crowd, Starbucks became something of an… Read More

  • Beijing TechCrunch Meet Up

    Beijing TechCrunch Meet Up

    You didn’t think we’d come to China and not organize some kind of meet-up did you? Sillies! We’re hosting a party at Beijing Bookworm, May 20, the evening before the CHINICT conference begins. Tickets are available here. Capacity is extremely limited and we’ve had a lot of demand for this event, so please only sign up if you plan on coming. The party is being organized by… Read More

  • China: Where Patience Meets Speed

    China: Where Patience Meets Speed

    As readers know, I’m working on a new book about global entrepreneurship that is taking me around the world at the pace of roughly one country per month for the next year and a half. The plan is to focus on several contrasting hot spots for entrepreneurship and revisit them throughout the next year or so to see how the entrepreneurs and economies evolve over that time. But since it’s early in… Read More

  • How Fortune, Forbes and BusinessWeek Can Save Themselves

    How Fortune, Forbes and BusinessWeek Can Save Themselves

    I’m getting shit for this post no matter what. By insinuating business magazines are better off than papers when I currently write a column for BusinessWeek people will call me biased. (As Arrington would say, “consider that your disclosure.”) Likewise, I have a lot of friends at all three publications who probably won’t appreciate what I have to say. But Arrington keeps berating me to… Read More

  • News Flash: Paying for Coverage Is Still "Taboo"

    News Flash: Paying for Coverage Is Still "Taboo"

    Here's a tip: If your business is so polarizing that you have to change your name the mere passage of time doesn't suddenly make it all mom-and-apple-pie. In the last few months I have gotten the same pitch from PayPerPost (now called Izea) all sent from different names. My favorite part is this: "...while compensating bloggers was considered taboo a few years ago, there has been a paradigm shift… Read More

  • Sequoia-Backed Kenshoo Moves to San Francisco

    Sequoia-Backed Kenshoo Moves to San Francisco

    Uber-VC Mike Mortiz has a new BFF, and he’s moving to Silicon Valley. It’s Yoav Izhar-Prato, the co-founder and CEO of Kenshoo, an Israeli start-up that gives companies and advertising firms tools and services to manage sophisticated search campaigns. Sequoia invested in 2007, and Moritz has taken a personal shine to the company, according to many sources. “Search is untapped,” the… Read More

  • How OpenTable Could Actually Matter

    How OpenTable Could Actually Matter

    Dot com meltdown survivor and restaurant reservation software company OpenTable had been a rumored IPO candidate for a while. Still, it shocked many when it finally filed its intention to debut on the Nasdaq back in January. What? Does this company just have a thing for market meltdowns? There’s still no word on when OpenTable will actually price, but so far, the IPO is still on, signaled by… Read More

  • Twitter's Real Edge: It's not Scary

    Twitter's Real Edge: It's not Scary

    When I was writing my last book, I used to go run at the gym for about an hour every morning to clear my head. The TVs were always set on ABC, so I'd zone out to either "Live with Regis & Kelly" or "The View"--two shows I'd never watched before. I was always struck by the constant fear mongering about the Internet, particularly on "The View." It seemed every day there was a story about… Read More

  • TechCrunch Comes to China

    TechCrunch Comes to China

    As regular readers know, I’m working on a book about global entrepreneurship and taking TechCrunch readers along with me. By that I mean, I’ll be blogging about cool companies I find, not that I’m actually chartering a plane for all of you. Sorry, but, you know, it’s a recession. Up next: China. I’ll be in Shanghai and Bejing May 9-22. It’s my first trip to… Read More

  • Bloggers: Let’s Band Together and Stop the Hype Cycle

    Bloggers: Let’s Band Together and Stop the Hype Cycle

    Silicon Valley is known for nurturing start-ups in a way no other place can. But it’s not all kumbaya here. And one of the most destructive things about Silicon Valley is the hype cycle. And judging by the fact that some bloggers pronounced Twitter "done" the same week the company was featured on Oprah, it's clear that hype cycle has spun ludicrously out of control. I’m sure you’ve seen the… Read More

  • Bloggers: Let

    Bloggers: Let

    Silicon Valley is known for nurturing start-ups in a way no other place can. But it’s not all kumbaya here. And one of the most destructive things about Silicon Valley is the hype cycle. And judging by the fact that some bloggers pronounced Twitter "done" the same week the company was featured on Oprah, it's clear that hype cycle has spun ludicrously out of control. I’m sure you’ve seen the… Read More

  • Venture Capital Down 50%. It’s Not Just the Recession, Folks.

    Venture Capital Down 50%. It’s Not Just the Recession, Folks.

    There’s a huge difference between what venture capitalists say and what they do. For much of the last decade some of the same partners that keep saying Silicon Valley will never decline as the startup epicenter of the world are spending every month flying to China. And of course in the post-2000 years every partner said, “Oh we never really got into that whole dot com thing…” Huh. Wonder… Read More

  • Is the All-in-One Device Dream Doomed?

    Is the All-in-One Device Dream Doomed?

    Roger McNamee and I have two things in common. One: I desperately need a haircut. Two: I’ve officially given up on the dream of one-device-that-can-rule-them-all. In this video, McNamee shows off his famously unruly locks and his famous Batman-like utility belt, in which he carries at least two iPhones, a Palm Pre, a Centro, a G1 and a Blackberry. In the clip, he’s telling me the Palm Pre… Read More

  • Who the Hell Is Enrolling in Journalism School Right Now?

    Who the Hell Is Enrolling in Journalism School Right Now?

    A little more than ten years ago, I stumbled out of a liberal arts college with a mediocre GPA into a job with a weekly business journal with a smallish circulation in my hometown of Memphis, Tenn. I’d never studied business or journalism, and I came from a family of academics. I didn’t even really understand what a stock was. But there was something I loved about it. I had great editors, and… Read More

  • Is Web 2.0 Abandoning the UGC Ship?

    Is Web 2.0 Abandoning the UGC Ship?

    Does anyone remember that show Project Greenlight? It came out of LivePlanet, the 1999-era dot com started by Ben Affleck, Chris Moore and Matt Damon that aimed to use the Web to transform traditional entertainment. It was user generated content before we had an over-used buzz-phrase for it. The premise of the show was that would-be writers and directors would submit their work via the Web and… Read More

  • Israeli Entrepreneurs: Know What Game You Are Playing

    Israeli Entrepreneurs: Know What Game You Are Playing

    TEL AVIV-- The other day I spoke at an Israeli event called Techonomy where six handpicked Israeli startups were demoing new products. The companies were impressive, the audience packed, it was sponsored by blue-chip tech names, and well-heeled experts were on stage offering feedback. In fact, it could have been just like a Silicon Valley event a la TechCrunch 50 in every way except one: Experts… Read More

  • MyHeritage: Avoiding the MetaCafe Curse

    MyHeritage: Avoiding the MetaCafe Curse

    BNEI ATAROT- In case you don’t recognize it, that dateline is the name of a small village about forty-five minutes from Tel Aviv. Don’t worry, my concierge hadn’t heard of it either. It may actually have more roosters than people living there. But tucked away, in a hundred-year-old house built by German Templars is one of the most exciting Web companies in Israel: MyHeritage. It’s also… Read More

  • Risk Aversion And The Perils Of Selling Too Early (Israeli Startups, Part II)

    Risk Aversion And The Perils Of Selling Too Early (Israeli Startups, Part II)

    Right now I’m at an un-conference called KinnerNet. It’s hosted by famed Israel entrepreneur Yossi Vardi and set near the Sea of Galilee. Funny thing: There are a few hundred entrepreneurs here, mostly Israeli. And only one has said something negative to me about my post earlier this week about the poor venture returns for Israeli startups that incited such passionate feelings everywhere else… Read More

  • Now that China Is the New Israel…What's Israel?

    Now that China Is the New Israel…What's Israel?

    Tel Aviv, Israel— When I moved to Silicon Valley in early 2000, I quickly became fascinated with Israel. A very tight relationship had formed between the holy-land-for-all-things-tech and the actual Holy Land, bolstered by the success of people like Yossi Vardi and Checkpoint’s Gil Schwed. The rapid pace of liquidity in the late 1990s meant Valley investors couldn’t find enough start-ups to… Read More

  • Oodle on Facebook Is Live

    Oodle on Facebook Is Live

    As TechCrunch reported back in December, Oodle is taking over Facebook classifieds. The new service launches Wednesday and will be rolled out to Facebook users over the next sixty days. I’ve been bearish overall on companies that require local network affects, and usually classifieds fits in that bucket. As good a job as Craigslist has done it only monetizes about 1% of its users, and that’s… Read More