Tech News – April 28th 2012 to May 1st 2012
Tech news – April 28th 2012 to May 1st 2012:
- Top Startup Incubators And Accelerators: Y Combinator Tops With $7.8 Billion In Value – Forbes-
Incubators and accelerators are popular destinations for new entrepreneurs. Forbes ranks the top tech incubators in the U.S.
- The Digg Team Is Going To WaPo, But The Assets Aren’t | TechCrunch-
- Anthony HaHas The Washington Post acquired Digg, as reported in The Next Web? Sort of.
We’re hearing that the Post has hired the Digg team, but is not acquiring the site or the technology. In other words, this is a talent acquisition, and in fact Digg properties, patents, and assets are still for sale.
TheNextWeb’s report provoked some “what the hell?” reactions on Twitter, but a talent acquisition makes a little more sense. The Post isn’t trying to revive a struggling social news site. Instead, it’s rec… show all text
- I’m leaving the internet for a year | The Verge-
The Verge is a technology-focused news publication founded in 2011 by Joshua Topolsky and Marty Moe in partnership with Vox Media and its CEO Jim Bankoff. The Verge’s mission is to offer breaking news coverage and in-depth reporting, product information, and community content via a unified, modern platform.
- Start-Ups Look to the Crowd-
- By JENNA WORTHAMThe Pebble, a watch that is being developed to work with the iPhone, has raised more than $7 million in financing on Kickstarter, a case that has signified the site’s coming of age.
- Mark Zuckerberg Joins Viddy: Here Comes the Speculation-
Viddy just got an all-star new member after Facebook founder Mark Zuckerberg signed up to the mobile video app service.
- How Much Revenue Does It Take To Be A $1B Public Company? | TechCrunch-
- ContributorEditor’s note: Patrick Moran is an executive at New Relic, a SaaS web app performance company with over 21,000 active customers. Follow him on Twitter @patrickmoran.
With all the chatter about Billion dollar valuations — like Instagram, Evernote, Splunk — combined with recent S1 filings and IPOs, the topic of tech company valuation is coming to the forefront of people’s minds. Specifically related to the software industry, the growing number of SaaS IPO candidates of late is signaling an impor… show all text
- Disruptions: Start-Ups Keep Revenue at Zero to Cash In on Acquisition – NYTimes.com-
- By NICK BILTONSmall start-ups that make money often find it difficult to recruit additional investment. By keeping their revenue at zero, they can pluck a projected valuation out of thin air.
- chrisEvery week a “we are in a tech bubble” article seems to come out in a major newspaper or blog. People who argue we aren’t in a bubble are casually dismissed as promoting their own interests. I’d argue the situation is far more nuanced and that people who engage in this debate should consider the following:
1) Public tech companies: Anyone with a basic understanding of finance would have trouble arguing many large public tech companies are trading at “bubble valuations” – e.g. Apple (14 P/E), Go… show all text
- By CHARLES DUHIGG and DAVID KOCIENIEWSKIApple serves as a window on how technology giants have taken advantage of tax codes written for an industrial age and ill suited to today’s digital economy.