Mike Moritz and the declining America worker

Storied Sequoia investor Mike Moritz threw fire into the tech Twitter gumbo with his observations of hard-working Chinese workers and slothful Silicon Valley engineers. Moritz, a billionaire, clearly needs page views to fund his retirement. The major money quote about Silicon Valley is this: “In recent months, there have been complaints about the political sensibilities of speakers… Read More …read more Source:: TechCrunch

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Tim Cook ‘Won’t Allow’ His Nephew on Social Media

Speaking at Harlow College in the U.K., Apple CEO Tim Cook warned against “overuse” of technology, and said he didn’t want young members of his own family to use social media. Cook’s comments, reported by The Guardian, came as part of a tour of Europe to support Apple’s Everyone Can Code training curriculum. “I’m not a person that says we’ve achieved success if you’re using [technology] all the time,” Cook said in part. Discussing education specifically, Cook emphasized that technology shouldn’t dominate even computer-specific courses, instead emphasizing the importance of “concepts that you want to talk about and understand.” That’s very much in line with Apple’s history. Founder and longtime… Read More

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Redfin CEO Glenn Kelman pens riveting diary on the IPO process: from a ‘death-march to a celebration’

Redfin CEO Glenn Kelman rings the Nasdaq opening bell with members of the team. (Nasdaq Photo) Redfin had one of the better IPOs in 2017. In a process that has become more hit-or-miss in recent years, Redfin’s stock spiked right away on the first day of trading, and it has stayed well above its initial price for the last six months. It didn’t always seem like things would work out that way as the tech-powered real estate brokerage prepared to go public. In a LinkedIn blog post, Redfin CEO Glenn Kelman pulled back the curtain on the process of talking investors into buying stock in a soon-to-be-public. Check out Kelman’s… Read More

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Katalyst.Ventures, a new firm led by Susan Choe, has raised $34 million

There aren’t a lot of venture funds that are led by a single general partner who happens to be a woman. Sonja Hoel Perkins is one. The longtime Menlo Ventures managing director founded her own venture firm two years ago. Cindy Padnos, who spent four years with Outlook Ventures as a director before founding her own firm, Illuminate Ventures, nine years ago, is another. Now Silicon Valley… Read More …read more Source:: TechCrunch

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Six More Years of Surveillance

It’s been an eventful week in Washington and, amidst the shutdown shenanigans, Congress did something significant: they renewed a law that lets intelligence agencies collect a massive trove of communication data, which includes everything from Facebook messages to Gmail accounts to browser histories. This surveillance process–think of it as a permanent suction tube plugged into big tech companies and overseas Internet cables–first came to light with Edward Snowden’s explosive revelations in 2013, but was going on well before that. And now it’s set to continue into at least 2024. The question for Americans is how much they should worry about all this. While the idea of massive government surveillance sounds… Read More

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