From: Chamath Palihapitiya Date: Sat, 1 Oct 2011 11:16:05 -0700 To: Brian Chesky Subject: Airbnb financing… Brian, Cc Marc, Reid, my deal team Thanks again for giving me the chance to participate in your latest financing. I had a chance to review the docs at length yesterday and I wanted to follow up as,...
Daily Archives: October 1, 2011
ReadWriteWeb Events Guide, October 2, 2011
We’re always on the lookout for upcoming Web tech events from around world. Know of something taking place that should appear here? Want to get your event included in the calendar? Let us know in the comments below or email us. Article source: RRW http://feedproxy.google.com/~r/readwriteweb/~3/_OLAYyMwxAs/readwriteweb_events_guide_october_1_2011.php
Netflix’s Stock Crash In Context
Everyone is astounded by the collapse of Netflix’s stock. And the drop has indeed been breathtaking. After hitting a high of $291 in July, Netflix (NFLX) has fallen to $113, a drop of more than 60%. Ouch. But when one takes a longer-term perspective, the drop quickly seems like much less of a big...
AirBnB Founders Are Using A Huge Chunk Of The Latest Financing To Pay Themselves A $21 Million Dividend
AirBnB founders Image: Airbnb See Also: CHA-CHING! Airbnb Officially Raises $112 Million Airbnb: A $1.3 Billion-Dollar Startup’s First-Ever Pitch Deck Kara Swisher has uncovered some startling terms in the latest AirBnB deal—a $112 million financing for one of the hottest companies around at a $1.2 billion valuation. AirBnB will use $22.5 million of the...
One Up: Gamers Help Scientists Solve Molecular Puzzle That Could Lead To AIDS Vaccine
So, this isn’t exactly breaking news, but it’s so awesome that it’s worth sharing again in case you missed it. HIV/AIDS has killed some 25 million people worldwide and scientists have been working diligently since the virus was discovered in 1981 to find a cure. While a cure still eludes researchers, several protease inhibitors...
Hack Your Culture
Editor’s note: This guest post is by Justin Kan, cofounder of Justin.tv and TwitchTV. You can follow him on Twitter here and read his blog here. Behavior is a virus. We spread our behavior to those around us, whether passively or on purpose. Pop quiz: what factor most highly correlates with obesity? It isn’t...
Looks Like We May Be Stuck With Just An iPhone 4S After All (AAPL)
See Also: iPhone 5 Cases Pop Up At ATT Stores Sporting Revamped Design, Mute Switch On Other Side The iPhone 5 Might Have Double The Internal Storage Of The iPhone 4 A Really Cool Video Mockup Of How The iPhone 5′s Voice Control Will Work The evidence continues to grow that Apple will only...
Bon voyage, travel agents; Google’s taking over travel
Where Google goes, people follow. So consider Google’s excursion into the travel industry. The move seems a logical part of the company’s strategy to challenge established markets; the recent launch of Google+ to take on the social media behemoth Facebook, Google Offers encroaching on Groupon’s territory — the track record is definitely there. And then...
“For Those Who Don’t Want To Believe”
I feel uncomfortably like a prophet. In January, and again last week, I wrote about the prospect of UAVs used as weapons by terrorists; yesterday a man was arrested who “planned to attack the Pentagon using ‘small drone airplanes’ filled with explosives and guided by GPS.” In August I wrote about omnipresent mobile phones...
Gillmor Gang 10.1.11 (TCTV)
The Gillmor Gang — Robert Scoble, Danny Sullivan, John Taschek, Kevin Marks, and Steve Gillmor — lauded Amazon’s entry into the mobile media universe with the Fire. We were unanimous in our praise for the impact the device will have on the tablet scene, with a price within reach of a whole new audience...