Startup founder Peter Shih ignited a West Coast firestorm yesterday after publishing a rant to Medium (now deleted) entitled “10 Things I Hate About You: San Francisco Edition.” It was a clumsy, failed attempt at “humorous satire” that read like an entitled douchebag flippantly complaining about serious systemic issues like homelessness. (We’re sure the defunding of San Francisco mental health facilities hasn’t contributed to the amount of mentally ill homeless citizens at all, for example.)
Key To My Heart
Picture it. You stumble out of the bar at four in the morning on a Saturday night, as you are wont to do, and realize that your keys are gone. Or maybe you ran out to get your laundry from the dryer and forgot to grab them. Or you left them at Starbucks, which is Read More
Ori Allon, the charmed entrepreneur who has already sold one company to Google and another to Twitter, has been feverishly working on his third—Urban Compass. So far, Mr. Allon and founder Robert Reffkin won’t even say what Urban Compass does. But that air of mystery hasn’t slowed the company’s growth—they have raised $8 million from an impressive group of seed funders including Goldman Sachs, AmEx CEO Ken Chenault and Thrive Capital*. The start-up now has 18 employees and counting.
One of those 18 offers a clue to what Urban Compass will actually involve, and our guess is real estate. As first reported by The Real Deal, Gordon Golub, who was an Executive Vice President at Citi Habitats, left after 18 years to join Mr. Allon and Mr. Reffkin.
The New York Daily News‘ Scott Cohen, who was tasked with a key piece of the tabloid’s survival as the editor of the paper’s website, is leaving after four years. He’s off to go work at a startup.
A lot of startups these days are achieving massive, billion-dollar valuations based on the big bets investors are taking on them.
Sometimes these companies have real revenue, or profit, like Facebook and Groupon.
But sometimes this enthusiasm is based on how much hype the company has in the press, or how fast it is growing Read More
A few months after The Observer examined the flight of software engineers from Wall Street firms, The Wall Street Journal has a follow-on article of sorts focusing on how high-frequency trading outfits are trying to refashion themselves to appeal to programmers.
One example of silicon-flecked culture making its way into the hard-nosed Read More
Where does some of the best coding get done? In coffee shops. Where do some of the biggest deals close? Over drinks.
This thread on the Q&A site Quora sparked a conversation this week about where entrepreneurs and investors like to hang out in the city. Investor Charlie O’Donnell of First Round Capital Read More
All that power
Michael’s, in Midtown, has long been considered New York’s preeminent media spot to power lunch. When George Gurley interviewed Ann Coulter for a story in The Observer, there’s a reason he took her to Michael’s. He wanted to rattle her with proximity to the MSM.
But with newspapers in the red and hot startups hogging Read More
Want to lose weight? Learn Italian? Be the master of your holiday shopping? Meet goal-oriented startup Fitango, based in Midtown and officially launching next week.
Fitango.com offers a catalog of goals broken into day-by-day “Actionplans” and a social network to pressure you to complete them. Fitango is banking on the quirks of human Read More
In 1995, I won a poetry contest for kids on Compuserve. The prize was an America’s Funniest Home Videos t-shirt. Once I
repressed got over my dad’s refusal to let me get AOL (FATHER, WHY?!) thereby rendering me a giant loser/pariah who couldn’t instant message, I became hooked on using the internet for Read More