Sarah's Feed
Aug 15, 2013

Sandberg’s criticized over call for unpaid intern

SAN FRANCISCO, Aug 15 (Reuters) – Wanted: aggressive
go-getter to join high-profile foundation advocating for women’s
rights in a male-dominated corporate world. Must work for free., the nonprofit created by wealthy Facebook
chief operating officer Sheryl Sandberg, created a stir on
Thursday with a job ad posted by one of its editors that called
for an editorial intern to work for no pay at the group, which
works primarily to empower women.

Aug 13, 2013

Early start-ups attract supersized funding rounds

SAN FRANCISCO (Reuters) – Cash-strapped start-ups need look no further than Looker Data Sciences for evidence the investment boom is alive and well.

The two-year-old company that helps businesses analyze data announced on Tuesday it’s tapped venture investors for $16 million in early-stage funding – the type of sum no start-up could previously have managed without a slog of around four or five years.

Aug 6, 2013

U.S. venture firm appeals court decision in discrimination case

SAN FRANCISCO, Aug 6 (Reuters) – Venture capital firm
Kleiner Perkins Caufield & Byers has appealed a California
court’s decision to allow a closely watched sex discrimination
lawsuit to proceed, trying to keep the high-profile case out of
a public courtroom.

The suit, which pits former partner Ellen Pao against one of
Silicon Valley’s most storied venture firms, alleges harassment,
discrimination and retaliation. It became the talk of the Valley
last year with its references to an affair and its allegations -
denied by the firm – of sexual advances and sexist behavior.

Aug 1, 2013

Investors put $165 mln into Hootsuite; existing investors get part

SAN FRANCISCO, Aug 1 (Reuters) – Social-media management
company Hootsuite said investors have put $165 million into the
company, with an undisclosed portion going to cash out existing

Hootsuite is part of a growing group of venture-backed firms
that have arranged financings known as secondary transactions,
which cash out existing investors rather than putting money
directly into the company’s coffers.

Jul 31, 2013

ZestFinance raises $20 million from Thiel Capital

SAN FRANCISCO (Reuters) – ZestFinance, a company that licenses out its technology to minimize the risks in making loans, is getting a cash infusion from an entrepreneur who figured out how to make money transfers on the Internet: PayPal’s Peter Thiel.

Thiel Capital is leading a $20 million investment round in ZestFinance, joined by Northgate Capital and existing investors Lightspeed Venture Partners, Matrix Partners, Kensington Capital Holdings, and Eastward Capital Partners. Thiel Capital will take a board observer seat; its founder co-founded Ebay’s (EBAY.O: Quote, Profile, Research, Stock Buzz) PayPal.

Jul 22, 2013

Plane crashes offer hospitals marketing opportunities, pitfalls

SAN FRANCISCO, July 22 (Reuters) – For Bay Area hospitals,
responding to the crash landing of Asiana Flight 214 could have
a legacy that lasts well beyond the days they treated victims:
raising their profile in the community, perhaps leading to more
people thinking of their hospital when they need care.

Bay Area hospitals took in more than 180 injured passengers
after the plane came in too low to the airport on July 6,
hitting a sea wall and losing its tail and landing gear as it
skidded down the runway. The bulk of patients went to San
Francisco General Hospital and Stanford Hospital & Clinics.

Jul 19, 2013

In Asiana crash, a husband’s worst nightmare

SAN FRANCISCO, July 19 (Reuters) – Seconds after the July 6
crash of an Asiana Airlines flight at San Francisco airport,
passenger Hyun Seob Oh witnessed an unimaginable horror: an
emergency escape slide exploded inside the cabin, enveloping his
wife, Asiana flight attendant Sook Young Hyun.

He could see her legs jutting out from the slide at an odd
angle, wriggling slightly, as he and other passengers rushed to
help. But there was nothing to cut the slide away with, no
immediate means to free her.

Jul 13, 2013

Third Chinese schoolgirl dies in Asiana air crash

SAN FRANCISCO (Reuters) – A Chinese girl died in a San Francisco hospital on Friday, becoming the third fatality in the crash of an Asiana Airlines jet at the city’s airport last Saturday, doctors and Chinese officials said.

The teenage girl, who died on Friday morning, had been in critical condition, according to a statement from two doctors at San Francisco General Hospital. Her parents asked the hospital not to release further information.

Jul 12, 2013

Third person dies in Asiana air crash -San Francisco hospital

SAN FRANCISCO (Reuters) – A Chinese girl died in hospital on Friday, becoming the third fatality in the crash of an Asiana Airlines jet at San Francisco airport last Saturday, doctors and Chinese officials said.

The child, who died on Friday morning, had been in critical condition, according to a statement from two doctors at San Francisco General Hospital. The girl was a Chinese national, according to the Chinese consulate in San Francisco.

Jul 12, 2013

Analysis: 911 calls highlight emergency response challenges in Asiana crash

SAN FRANCISCO (Reuters) – Tapes of 911 emergency calls made moments after an Asiana Airlines jet crashed at San Francisco airport last Saturday reveal panic and confusion, and highlight some possible problems as emergency services raced to the scene.

The crash of the Boeing 777 killed two and injured more than 180. The first police and fire personnel arrived at the crash scene in about two minutes, and local officials said brave rescue efforts and effective triage of the many wounded likely saved lives.