Internet startups – News Stories About Internet startups - Page 2

Chinese Web Surfers Embrace Facebook Clone

Jan 14, 2009 7:09 PM CST

Chinese Web Surfers Embrace Facebook Clone

'You have to respect the local user' says Berkeley-educated Facekoo founder

(Newser) - Since its March introduction, Facekoo has drawn 350,000 users and is one of the fastest-expanding social-networking sites in China, the San Francisco Chronicle reports. And, says its Hong Kong-born, Berkeley-educated founder, that’s because it fills a void left by Western sites whose mere translations to Chinese miss all...

This Xoogler Might Be the
Next Bill Gates

GLOSSIES

Oct 4, 2008 2:40 AM CDT

This Xoogler Might Be the Next Bill Gates

Former Googlers make ever-widening waves across Silicon Valley

(Newser) - In the past few years, Google has lost some serious firepower to the startup frontier, Luke Dittrich writes in Esquire. With self-styled Xooglers providing the brain power not only for two dozen or so startups, but for the venture-capital firms that fund them, it’s likely “the next big...

For Web 'Game,' Everything
New Is Old

Jun 21, 2008 8:44 PM CDT

For Web 'Game,' Everything New Is Old

In classic fashion, company has cool idea, needs users, cash

(Newser) - Won’t these Internet startups ever learn about business plans? That's backward thinking, says prolific venture capitalist Joi Ito, who has a stake in the new website PMOG. “People make fun of the idea," he told Portfolio. “There are few sites, however, that have a critical mass...

Silicon Valley's Prodigal Son Comes Home

Mar 19, 2008 9:50 PM CDT

Silicon Valley's Prodigal Son Comes Home

Frank Quattrone seeks to repair his rep with new investment bank

(Newser) - Silicon Valley prodigal son Frank Quattrone is staging a comeback, poised to debut his new tech-centered investment bank Qatalyst—after years recovering from federal obstruction-of-justice charges. But now that he's back, the question is whether the industry will welcome home an errant child with open arms. Probably, BusinessWeek writes—if...

Investor Avoids 'Web 2.0' to Avoid Bust?

Nov 5, 2007 2:55 PM CST

Investor Avoids 'Web 2.0' to Avoid Bust?

VC firm Kleiner looking for 'more fundamental innovations'

(Newser) - Today's launch of Web 2.0 Expo Berlin notwithstanding, there are hints that "second-generation" Web companies are losing appeal in the venture capital community -- or at least with prestigious Silicon Valley firm Kleiner Perkins Caufield & Byers. Digital Daily cites a KPCB partner who recently told a...

Dot-Com Bubble 2.0 Sparks Fears of Another Bust

Oct 17, 2007 12:31 PM CDT

Dot-Com Bubble 2.0 Sparks Fears of Another Bust

Exuberant bidding for startups boosts Silicon Valley bank accounts

(Newser) - Remember the dot-com bubble, when companies' huge price tags were based on buzz instead of revenue? Here we go again. Facebook is a prime example: It's valued at as much as $15 billion—half as much as established Yahoo, though the search giant has 32 times the revenue. “There’...