What happens when one company after another raises private capital at a multi-billion dollar valuation? No one in Silicon Valley really knows, though we ask ourselves that question every day.
Every afternoon at 2:00, Redfin’s engineers and product managers gather for a set of push-ups, sit-ups, planks, crunches and burpees. Last Thursday, our president of real estate operations, Scott Nagel, looked in on the action and our general counsel, Kate Ross, snapped his picture: Scott’s bemused expression is one I’ve seen many times before: I …
Silicon Valley has always showered so much money on the deserving and undeserving that it would be hard for any one of us to say which group we ourselves belonged to. But one crucial difference between this boom and the last is that the folks in the last boom had to ship or starve. Today, not shipping pays pretty well.