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Flying Cars Are Coming. The Next Installment of Those 140 Characters Is Here…

Flying Cars Are Coming. The Next Installment of Those 140 Characters Is Here…

weasley’s flying car | Ashley Wheat | Flickr

As you know, we’ve been wondering about who those 140 characters are who Peter Thiel may well have been referring to when he said, “We were promised flying cars. Instead we got 140 characters.”

Since we’ve personally been in the industry since the early days of Web 1.0 in New York and spent a considerable amount of time in Silicon Valley as well, we’ve decided to take it upon ourselves to attempt to identify some of those characters, many of whom we’ve met and/or have gotten to know. Over the years, we’ve seen people and companies come and go. Some were bad timing. Many were simply bad ideas. Some were acquired for unbelievable amounts of money, only to disappear forever, leaving the then suddenly wealthy founders looking like geniuses. Tech is a constantly shifting landscape and people and companies come and go and fortunes made and lost at Internet speed.

Here are our picks for the next 40 of the 140, with some anecdotes and insights on the developing industry and its rising stars and investors, in no particular order. Without further ado, we’re letting this baby fly. Onward and forward. Read More...

Crimes, Misdemeanors – and Business As Usual

Crimes, Misdemeanors – and Business As Usual

Move fast and break things. Do more faster. These are the mantras that the tech industry, particular those in Silicon Valley, cut their teeth on. Competition is fierce and timing (first to market) – and perception (category killer: think Google and Facebook) – is everything. So is it a wonder that Uber has drawn so much scrutiny and criticism for its practices lately? On all fronts, it seems.

Has Uber Gone Too Far this Time? Is Uber involved in a Smear Campaign,?” asks Michael Spencer on LinkedIn, referring not only to former Uber employee Susan Fowler’s blog on the sexual harassment she encountered at the company, which was not unique to her but instead, fairly widespread in Uber’s frat boy culture, according to Caroline Fairchild on LinkedIn.

Then there’s the Google patent infringement lawsuit, which is alleging that Uber is using stolen technology which it acquired through its purchase of Otto, to advance its own autonomous-car development (A Stray Email Caused Google’s Waymo to Sue Uber and Otto Over Stolen Tech). Read More...

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