Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
As venture capitalists exercise more caution and place fewer bets, they’re leaving media startups behind. Venture funding to media-tech companies slid for the third consecutive quarter to $91.7 million, the lowest amount since mid-2013, according to data from industry researcher CB Insights. Investment activity followed a similar trend, declining to the fewest number of deals…
Twitter Inc. has listed 183,642 square feet of space in its Mid-Market headquarters for sublease, according to marketing materials and a source familiar with the property, as the company struggles to compete for advertisers and user growth has slowed. The social media company (NYSE: TWTR), which is San Francisco’s second-largest tech employer, has an immediate 78,792-square-foot availability at…
Thiel Photographer: Bruno Levy/CHALLENGES-REA/Redux When Peter Thiel has the first move in a chess game, he lifts his e5 pawn, the fifth from the left and the one directly in front of his king, and advances it two spaces. It’s an aggressive tactic, putting the bishop and queen into play, which is why Thiel likes…
Medium, the digital publishing start-up led by Twitter co-founder Evan Williams, is about to add the largest website yet to its growing portfolio. The liberal site ThinkProgress will shift over to the platform next month. “It’s really impossible for an independent publisher to develop and maintain their own publishing platform in this environment. Most of…
Probably the most important fact when it comes to analyzing Unilever’s purchase of Dollar Shave Club is the $1 billion price: in the world of consumer packaged goods (CPG) it is shockingly low. After all, only eleven years ago Procter & Gamble (P&G) bought Gillette, the market leader in shaving, for a staggering $57 billion….
Tough news. Well this sucks to write: This. will go offline at the end of the month. I’m tempted to make the explanation for that complicated, but it’s pretty simple: we worked ourselves to the point of exhaustion, struggled to raise money and just ran out of time. The site, newsletter and app are beloved…
Tough news. Well this sucks to write: This. will go offline at the end of the month. I’m tempted to make the explanation for that complicated, but it’s pretty simple: we worked ourselves to the point of exhaustion, struggled to raise money and just ran out of time. The site, newsletter and app are beloved…
An app to locate rentable driveways for parking. An app to locate rentable yachts. An app to help you understand “cause and effect in your life.” An app that guides mindful meditation. An app that imparts wisdom. And a new proposal to create an app designed to stop police killings. We are overloaded daily with…
If the idea of an Aspen-style gondola ferrying potential shoppers and tourists across the Potomac River from Rosslyn to Georgetown seems farfetched, you probably have yet to encounter the Georgetown Business Improvement District’s newest crowd share pilot project: ParasolShare. Now the beleaguered shoppers of downtown Georgetown can finally get relief from that relentless and inconvenient…
Airbnb Inc., the second-most highly valued San Francisco-based startup, sued its hometown over claims the city’s rental restrictions violate protections for internet companies and its free-speech rights. The company is hoping to avoid thousands of dollars in daily fines it could face when a new San Francisco law takes full effect next month. The law,…