max levchin

max levchin

Zynga's Investors Are About To Get A Huge Payout (ZNGA)

www.businessinsider.com
Zynga, the makers of FarmVille and other popular social games, is planning a secondary share offering to avoid a sell-off when its lock-up expires, Bloomberg News reports. The move will let Zynga investors sell some stock while getting large shareholders to agree to stay in a longer lock-up period,...
Zynga's Investors Are About To Get A Huge Payout (ZNGA)

The Future of Big Data: Hadoop’s Heavy Hammer or the Sharp Scalpel of the Verticals?

pandodaily.com
Data scientists are the new rock stars of Silicon Valley. At a time when the words “big data” provide the fastest path to a VC’s wallet, guys like Cameron Marlow and Jeff Hammerbacher are finding themselves the subjects of laudatory articles that are turning them into pin-ups for the petabyte...
The Future of Big Data: Hadoop’s Heavy Hammer or the Sharp Scalpel of the Verticals?

Yammer Lands $85 Million Funding Round From Draper Fisher Jurvetson

allthingsd.com
The rumors are true. But, boy, were they ever off on the numbers. Social enterprise software player Yammer has landed a whopping $85 million in a fifth round of venture capital funding led by Draper Fisher Jurvetson, with Meritech Capital Partners, Jeff Skoll’s Capricorn Investment Group and Khosla Ventures all...
Yammer Lands $85 Million Funding Round From Draper Fisher Jurvetson

Garrett Camp Distills His Uber And StumbleUpon Expertise Into New Holding Company Expa

techcrunch.com
The rise of the company builders is right. As Leena wrote in her spot-on post, “Operators are foregoing the traditional path of joining a traditional VC to instead create a studio-like holding operation.” The latest in a series of accomplished entrepreneurs wanting to lend their expertise to a new generation...
Garrett Camp Distills His Uber And StumbleUpon Expertise Into New Holding Company Expa

Aaron Greenspan sues most of Silicon Valley over money transfer laws

www.electronista.com
Frequent litigant Aaron Greenspan, one time claimant to Facebook co-foundership has filed a lawsuit against the vast majority of Silicon Valley's largest investors, and many internet companies offering "money services businesses" with cash transfers as a primary product. The list of corporate defendants include frequent Greenspan target Facebook, Airbnb, Dwolla,...
Aaron Greenspan sues most of Silicon Valley over money transfer laws

ColourDNA App Builds New Kind Of Interest Graph – Pinterest For Color?

techcrunch.com
Recently a fascinating trend emerged. The rise of Pinterest and other interest-based social networks has suggested (or perhaps reminded us?) that there are in fact limitations to friends’ recommendations and, thus the Facebook Social Graph. All those ticker feeds about what terrible music your friends are listening to? Yeah, that....
ColourDNA App Builds New Kind Of Interest Graph – Pinterest For Color?

Whither the Facebook Mafia?

www.betabeat.com
Around the time of the demise of Jumo, the social network for nonprofits and activists started by Facebook co-founder Chris Hughes, Betabeat got an email from a source intimately familiar with the social media startup sector. “I'm intrigued by the fact that Facebook doesn't seem to be proving to have...
Whither the Facebook Mafia?

Define "Hypocrisy" and "Innovation"

parislemon.com
Define "Hypocrisy" and "Innovation": James Temple of the San Francisco Chronicle tries to make the point that we shouldn't bash the government for hampering innovation when it's often the only entity that lead to true innovation -- or something. It's all sort of muddled. But what's really odd is that...
Define "Hypocrisy" and "Innovation"

Accelerate Your Database: MemSQL Launches With $5M From Ashton Kutcher, Max Levchin & More

techcrunch.com
Last year, we introduced you to MemSQL, a plucky young Y Combinator alum that was building technology that would let developers give their databases a Nitrous boost, while simplifying application development and maintenance. Founded by ex-Facebookers Eric Frenkiel and Nikita Shamgunov, MemSQL raised $2.1 million in seed funding last July...
Accelerate Your Database: MemSQL Launches With $5M From Ashton Kutcher, Max Levchin & More
Code.org video featuring Bill Gates, Mark Zuckerberg and other coding geeks goes viral

What do Yelp and Twitter Have In Common?

gigaom.com
Earlier this morning I opened my laptop after a long break and learned that Yelp has gone public. Much like LinkedIn and Pandora, it is one of those early Web 2.0 companies that has found its way into the market, benefitting from the halo effect being cast by the forthcoming...
What do Yelp and Twitter Have In Common?

Google Is Close To Acquiring Personalized News Startup Wavii (GOOG)

www.businessinsider.com
Google is close to acquiring news reading startup Wavii, according to a source. We have reached out to the company and Google. Both Wavii and Google declined to comment. We don't know the price range. Wavii is a Seattle-based startup. It was founded in March 2009, and was in stealth...
Google Is Close To Acquiring Personalized News Startup Wavii (GOOG)

Shasta Ventures, Founders Fund Put $4.5 Million In The Uber For Carwashes, Cherry

techcrunch.com
Cherry, a recently launched startup that brings on-demand carwashes to you and your car, has raised $4.5 million in new funding from Shasta Ventures, Founders Fund, Shervin Pishevar and Bill Lee. Shasta managing partner Tod Francis will join Cherry’s Board. The startup previously raised $750,000 in seed funding from a...
Shasta Ventures, Founders Fund Put $4.5 Million In The Uber For Carwashes, Cherry

All That Cash: On Apple, Twitter And The New Bit Factories

techcrunch.com
Editor’s Note: This guest post was written by Amit Runchal, who blogs at Interactioned. The speculation of what Apple is going to do with all their cash has long been a favorite topic in the tech and financial press. But the thinking along those lines is often akin to the...
All That Cash: On Apple, Twitter And The New Bit Factories
Ex-Googlers Launch Sift Science, A Fraud-Fighting System For Websites, Backed By $5.5M In Funding From Union Square, First Round, YC & Others

Hedge Fund Manager Daniel Loeb to Gain Control of Yet Another Seat on Yahoo Board

betabeat.com
Loeb. Daniel S. Loeb, the Third Point LLC hedge fund manager whose fight for control of Yahoo paved the way for Marissa Mayer’s appointment as CEO, is on the verge of gaining control of another seat on the company’s board. According to the New York Times, Yahoo plans to announce...
Hedge Fund Manager Daniel Loeb to Gain Control of Yet Another Seat on Yahoo Board

Stripe Releases Library To Help Developers Build Sleeker Credit Card Forms; Now Processing Millions In Payments Per Day

techcrunch.com
Simple online payments company Stripe quietly launched jQuery.payment, library of code for building credit card forms, validating input, and formatting numbers. It’s basically a library that helps developers build better payment forms, regardless of whether they are using Stripe or another payments platform. For background, Stripe is a developer-friendly online...
Stripe Releases Library To Help Developers Build Sleeker Credit Card Forms; Now Processing Millions In Payments Per Day

Booting Up: When Computer Geeks Create the Future

betabeat.com
Levchin. (Loic Le Meur.) New Yahoo director Max Levchin, blogging about joining the company’s board: “Yahoo! showed me that computer geeks can start companies that create that future. I’d love to do my part in helping the company that inspired me.” [Max Levchin] Twelve Seattle neighborhoods are getting faster Internet...
Booting Up: When Computer Geeks Create the Future

Sean Parker Explains What Facebook's IPO Really Means For Startups

www.businessinsider.com
Paul Graham wrote an email to Y Combinator's portfolio companies about what Facebook's underwhelming IPO meant for them. "What I do worry about is (a) it may be harder to raise money at all, regardless of price and (b) that companies that previously raised money at high valuations will now...
Sean Parker Explains What Facebook's IPO Really Means For Startups

Sift Science Takes $5.5M to Wield Machine Learning Against Fraudsters

allthingsd.com
Sift Science, which helps online retailers detect fraud, has raised $5.5 million led by Union Square Ventures with Max Levchin, Chris Dixon, Marc Benioff, First Round Capital and others. Co-founder Brandon Ballinger told AllThingsD his company has two big strengths: first, it uses machine learning to detect user behavior patterns...
Sift Science Takes $5.5M to Wield Machine Learning Against Fraudsters

10 Things You Need To Know This Morning (GOOG, AAPL, YHOO)

www.businessinsider.com
Good morning! Here's the news: Yahoo defends its decision to ban workers from telecommuting. Someone is selling Google Glass on eBay in case you have a few thousand dollars to burn. Walt Mossberg reviewed the Pebble, a new smartwatch that syncs with your smartphone. He said it's nice, but has many...
10 Things You Need To Know This Morning (GOOG, AAPL, YHOO)

Silicon Valley Entrepreneur Legend Max Levchin Joins Yahoo Board, Intuit's Smith And Weather Channels's Kenny Leave

techcrunch.com
Max Levchin has been many things in his long year run in Silicon Valley — PayPal cofounder, Slide founder, angel investor, etc. etc. — but now he’s trying on something more traditional. He’ll be joining Yahoo’s board of directors, in the latest move by the storied web company to reinvigorate...
Silicon Valley Entrepreneur Legend Max Levchin Joins Yahoo Board, Intuit's Smith And Weather Channels's Kenny Leave

Export while you can – Google to effectively terminate Slide, Photovine on March 6th

thenextweb.com
I’d be surprised if anyone was still using Slide or nifty photo-sharing app Photovine, but don’t say you weren’t warned if you’re a ridiculously persistent user. Both products will finally be shuttered on March 6th, according to messages posted on Slide.com and Photovine.com. Slide still lets you export data until...
Export while you can – Google to effectively terminate Slide, Photovine on March 6th

Levchin Hopes Being Bought by Yahoo Can be 'Cool' Again

blogs.wsj.com
Yahoo's newest director, Max Levchin, has already sat in on part of a company board meeting--though he says he hardly uttered a word, preferring to listen and take notes. It's not surprising he wants to brush up....
Levchin Hopes Being Bought by Yahoo Can be 'Cool' Again

Mark Skaggs, The Mastermind Behind FarmVille, Is Eyeing His Next Big Thing (ZNGA)

www.businessinsider.com
Mark Skaggs, one of Zynga's earliest and most important developers and the lead on FarmVille and CityVille, is heads down on a huge, unannounced project at Zynga right now. He'll be there for the next six to twelve months. But where is he going after that? We've heard from...
Mark Skaggs, The Mastermind Behind FarmVille, Is Eyeing His Next Big Thing (ZNGA)

Currency exchange TransferWise nabs $6M in first European investment by Peter Thiel's Valar Ventures

thenextweb.com
TransferWise, a London-based startup that wants to make transferring money between currencies effortless and inexpensive, has closed a $6 million series A round led by Peter Thiel’s Valar Ventures. Additional participants include SV Angel, PayPal co-founder Max Levchin and Seedcamp. This investment marks a milestone for Thiel’s Valar Ventures: it’s the firm’s first European investment. And given...
Currency exchange TransferWise nabs $6M in first European investment by Peter Thiel's Valar Ventures

Pinterest reportedly in talks to raise new round of funding with a $2.5b valuation

thenextweb.com
The popular online bookmarking and scrapbooking service Pinterest is reportedly in talks with investors to raise a new round of funding. According to The Wall Street Journal, sources have told it that the potential round has the company valued at between $2 billion and $2.5 billion. Pinterest has raised $138...
Pinterest reportedly in talks to raise new round of funding with a $2.5b valuation

PayPal co-founder Max Levchin returns to online payments with Affirm

www.engadget.com
Curious what Max Levchin's been up to ever since he left Google in 2011? Well, wonder no more. Today, PayPal's co-founder revealed his return to the payment world with a new company called Affirm. Like many startups, Affirm is looking to make online payments quicker and easier, but the...
PayPal co-founder Max Levchin returns to online payments with Affirm

Believe Yahoo's tech makeover? Can I interest you in the Brooklyn Bridge?

gigaom.com
Max Levchin is a smart guy. He is joining the Yahoo board. Marissa Mayer is a really smart person. And only thing surprising is that it took so long for her become CEO of an internet company. Together, they can be unbeatable, in say a game of chess or discussing...
Believe Yahoo's tech makeover? Can I interest you in the Brooklyn Bridge?
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