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- Staying Cool: An Interview with Drew HoustonForget Snapchat. One of the most speculated about potential IPOs in Silicon Valley this year is file sharing and storage company Dropbox. Dropbox was one of the earliest Valley unicorns to seem to defy any logic in valuations, and at its last round was valued at $10 billion making it one of a handful of so-called “deca-corns.” At one time, it and Airbnb made up some 95% of the value of Y-Combinator’s entire portfolio. And it was backed early on by top venture capital firms Sequoia Capital, on their way to raising some $600 million in capital. Its office was so lavish it reportedly spent up to $40 million a year just on employee perks. Its lobby sported a $100,000 statue of a Panda. Yes, for a while, Dropbox and its co-founder and CEO Drew Houston seemed to have a charmed life. But then Google, Microsoft, and other Web giants… ..... Read More.6 days ago
- While all of tech bets on logistics, cars, and drones, Facebook is all about its augmented...It seems everyone was relieved that Mark Zuckerberg product visionary showed up to f8, and Mark Zuckerberg, politician speaking in vague catch-alls, traveling the US and kissing babies mostly stayed home. I was dreading coming up with a new way to say what I already said about his 6,000 word manifesto. As our politicians are acting more like CEOs, our CEOs are acting more like politicians. Zuckerberg has an entire team constructing what he posts on his feed, so imagine how much work goes into scripting a manifesto or a keynote. When it comes to the grander rhetoric, it’s becoming increasingly hard to know exactly what he stands for, as he promotes feel-good messages that can lead you in whatever direction you want to believe Facebook is going in. He mostly side-stepped hot button issues like fake news and the murder on Facebook Live just days before, with the bland… ..... Read More.6 days ago