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100% Pure Grape-Nuts

TechCrunch’s Sarah Lacy just published an essay on how Silicon Valley has still been eating steaks throughout the recession. She makes the case using the upside-down logic that is unavoidable in the Valley, based on venture and merger activity. This is true. A recession is the best time to be an early-stage company. But for […]

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Groupon's Success Disaster

There’s a fascinating essay on Facebook just now from the owner of the lovely Posie’s Cafe in Portland, OR about how Groupon nearly bankrupted her business. The coffee shop proprietor, Jessie Burke, was shocked at how much money the daily deals site charged to run the promotion. Groupon sold consumers a $13 Posie’s credit for

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Groupon’s Success Disaster

There’s a fascinating essay on Facebook just now from the owner of the lovely Posie’s Cafe in Portland, OR about how Groupon nearly bankrupted her business. The coffee shop proprietor, Jessie Burke, was shocked at how much money the daily deals site charged to run the promotion. Groupon sold consumers a $13 Posie’s credit for

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Bill Gates, Hero

It’s a simple argument: Bill Gates is, by far, our industry’s greatest hero. It’s hard to believe we once saw Bill as the pie-splattered villain, and others as the idealists. And it’s hard to understand why, even now, the entrepreneur whom our youth admire far more than Bill Gates is someone who has had great

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Thirty Minutes a Day

In this week’s TechFlash podcast, Todd Bishop asks me how I find the time to blog. I said that writing is how I develop a point of view, and that having a point of view is part of my job. It’s a bit like trapping a soccer ball. You’re taught to trap the ball dead

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What Really Matters in the Debate Between VCs and Angels

It all started at 9 a.m. on July 30, when Dave McClure launched his blog post declaring that venture capitalists are dinosaurs. Since then, TechCrunch has posted four televised smack-downs between venture capitalists and angel investors, wondered aloud if Silicon Valley’s disruptors are themselves about to get disrupted, and will undoubtedly cover a live debate

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