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Once again, we’re seeing that the cryptocurrency is subject to the rules of bear and bull markets. → Read More
Over the course of one week in April, Molly White’s internet crime blotter Web3 Is Going Just Great documented 15 crypto-related offenses, each of which alone would hobble—or at least humiliate—most other industries. The malfeasance included a $182 million hack on the decentralized finance ... → Read More
Ben Way—serial entrepreneur, investor, and seeker of higher truths—stands over the stovetop in his airy hacienda in Tulum, Mexico, stirring an enormous vat of pea soup. Because he is in the midst of an annual detox, which began on January 1, the soup will be Way’s first meal in five days. ... → Read More
The tech scion says the idea of work-life balance is a "debilitating phrase" and encourages workers to not view the two as a trade-off. → Read More
Female founders have missed out on much of the recent market euphoria. Startups founded by women accounted for fewer than one-fifth of new U.S. stock listings last year. Startups led by women CEOs made up an even smaller portion of those public offerings. But there are modest signs of change. ... → Read More
In the eyes of some employees at Robinhood, the stock trading app lost its way when it decided Thursday to halt the buying of “meme stocks” such as videogame retailer GameStop, which Robinhood customers bought in order to squeeze hedge funds that had bet that those stocks would fall. After ... → Read More
Rumors about who might be moving to Miami to escape the supposed decline of the San Francisco Bay Area are spreading faster than the VC funding buzz around hot tech startups. Someone who works with a person who knows Naval Ravikant, founder of tech investment site AngelList, said he heard ... → Read More
Airbnb has hired famed former Apple designer Jony Ive as a creative consultant ahead of its initial public offering, CEO Brian Chesky said Wednesday. The hire is the most significant in a series of moves that has shaken up Airbnb’s creative team, a key department in a company known for its ... → Read More
As companies scramble to cut costs through layoffs and furloughs, many freshly unemployed workers in tech and media are flocking to online job listings with a new sense of urgency. That is leading to a frustrating realization: Many employers aren’t actually hiring for the open positions they’re ... → Read More
It wasn’t supposed to be this way. Until a few months ago, college seniors were looking forward to entering a robust economy. Many were interviewing for jobs and internships, and some had already secured them.But with weeks or days left in their final year of college, the class of 2020 is facing ... → Read More
Carolyn West had never considered getting lip injections before. But that all changed a few weeks ago when participating in video calls became a part of her daily work routine.Like the rest of her company’s employees, West, a tax accountant in Philadelphia, had started working from home because ... → Read More
For her 33rd birthday later this month, entrepreneur Sherrell Dorsey planned to throw a dinner party with friends before embarking on a celebratory road trip from Atlanta to Tennessee. She even bought a bright red cocktail dress from a designer on Instagram that she planned to wear at the ... → Read More
Technology companies have long looked for academic degrees, work experience, and other traditional qualifications when they hire people. In the case of Rose Brutkiewicz, though, it was a 3.73-meter indoor pole vault and other college athletic achievements that helped her nab a tech job less than ... → Read More
Keith Rabois, a prominent venture capital investor, has publicly blasted tech companies who take money linked to Saudi Arabia on the grounds that the kingdom discriminates against Jews, gays and women.Yet among the firms that have benefited from Saudi support is Opendoor, a tech-fueled real ... → Read More
When a venture capitalist invited Jane Dinh, an entrepreneur in San Francisco, out for a second date a couple years ago, he had an unusual question for her. Would she be interested in pretending to be homeless with him for a night?The venture capitalist, whom Dinh met through a dating app, told ... → Read More
In the last few years, everyone has become a seed investor. From veteran venture capitalists to hedge funds, private tech investors are looking to invest in companies earlier and earlier.But the number of deals has been flat—or shrinking. There have been about 1,000 seed deals for U.S. ... → Read More
Kleiner Perkins—the venture firm once celebrated for early stakes in Amazon, Google and Genentech—has a long way to go in its quest to claw its way back to the top of Silicon Valley investors. But recent, previously unreported data on the performance of its funds from the past nine years show ... → Read More
Rubrik, a startup backed by Silicon Valley luminaries that makes software for managing and recovering data, has recently approached other large technology companies about selling itself, according to two people with direct knowledge of the matter.An acquisition of Rubrik, if one occurs, would ... → Read More
Han Jin was in a panic. It was 2017 and the 29-year-old tech entrepreneur was saying goodbye to the final months of his third decade—and with them his dream of ever being selected for the Forbes 30 Under 30 list.In the days before online nominations for the list closed, Jin and the co-founders ... → Read More
One of Silicon Valley's best-known venture firms, Andreessen Horowitz, saw its performance slip significantly after the blockbuster results of its initial fund, internal data show, illustrating just how cutthroat venture capital has become as even big names struggle to deliver outsized returns. ... → Read More