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Is the Long Arm of Silicon Valley Being Cut Off at the Knees?

Is the Long Arm of Silicon Valley Being Cut Off at the Knees?

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Image by OpenClipart-Vectors from Pixabay

f you’ve been following what’s been going on lately in tech and focusing on the headlines, you might have missed the forest through the trees.

Silicon Valley Disruption Part 1:

Facebook just lost half a million users, the headlines screamed (out of nearly 2B, and no bigs, you’d think, but a) they’re not growing, b) those users are in the US: prime market, which meant they took a big hit on their profits and c) it’s the first time ever that FB lost users), and the stock was devalued 20%, wiping  $200BN off the value of parent-firm Meta. Of course, founder  Mark Zuckerberg was quick to come up with the excuses, par usual (ever notice that it’s never his bad?): Read More...

The Sili-CON Game

The Sili-CON Game

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image by Leuchtturm81 at Pixabay

What captured the attention of the Twitterverse of late was the thread from Bolt founder Ryan Breslow (@theryanking) who called out the Silicon Valley Mob. We quote: “two forces have the most power in Silicon Valley. And like… tenfold more than anyone else. Their names: Stripe and YCombinator. The kicker → Their power is in how they work together. Stripe is the darling child of Silicon Valley. Early to YC (YCombinator), Stripe made payment processing APIs easy and signed up all their YC batchmates to use their product. The “official payment processor for YC”, Stripe became a HOT company. Sequoia, the most powerful VC firm in the world, went all-in. Their position today is upwards of $20-$30B in Stripe stock.

 

By the Numbers

“Three forces combined quickly: 1/ The most powerful VC firm in the world. 2/ The most powerful startup accelerator in the world. 3/ The most powerful startup in the world, with the help of #1 and #2.” Read More...