Filmloop’s demise, the reputation of VCs, and how you can help
Updated
The details of Silicon Valley photo-sharing company Filmloop’s quick, and strange demise continue to dribble out — and the story carries lessons for the first-time entrepreneur.
Yesterday, we’d referred to an apparent move by venture capital firm ComVentures to take remaining cash and assets from Filmloop,… Continue Reading
Web 2.0 bubble bursting: Peerflix cuts workforce, carnage mounting elsewhere
This year has become the “show-me” year. Internet start-ups showing no traction are getting shut down, or trimmed — abandoned by once wide-eyed investors.
The Web 2.0 bubble is bursting, but VentureBeat agrees with others that this is more like an “oozing.” New, innovative companies… Continue Reading
Roundup of best Silicon Valley news: YouTube, FON, Ning & more
Catching up:
YouTube is making $7.5 million a month –Everyone has been guessing whether YouTube is profitable, given the high costs it faces hosting all its videos. This guy says YouTube is doing $7.5 million a month in ads, and is profitable.
FON, the company that wants to… Continue Reading