Sarah's Feed
May 7, 2012

Loyal3 hopes to harness Facebook for free stock trades

SAN FRANCISCO, May 7 (Reuters) – San Francisco startup
Loyal3, the creator of the Customer Stock Ownership Plan, is
betting it can encourage more Americans to buy stock — right
from Facebook — by allowing them to spend as little as $10 for
a portion of a share, with no fees.

By piggybacking on Facebook and its network of more than 900
million users, Loyal3 said it customers will be able to skip
brokerage fees — which some say is stirring up anxiety among
the discount-brokerage industry that caters to small-time
investors.

May 7, 2012

Ex-Lala CEO hopes Verizon will add green to Color

SAN FRANCISCO, May 7 (Reuters) – Much-maligned social-video
sharing company Color is trying once again f or a shot at success
by tying up Verizon, according to a post on Color’s blog on
Monday.

Color raised $41 million in first-round funding. Most other
startups are lucky to raise $5 million or $10 million at that
stage.

Apr 26, 2012

Reuters suit seeks data on Kleiner, Sequoia funds

SAN FRANCISCO, April 26 (Reuters) – The University of
California could be forced to disclose closely guarded
information on the investment performance of venture capital
funds managed by Kleiner Perkins Caufield & Byers and Sequoia
Capital after a judge last week allowed a lawsuit over the issue
to move forward.

The lawsuit, filed in California state court in Oakland by
Reuters America, a unit of Thomson Reuters, argues that the
state Public Records Act requires disclosure of specific
investment-return information for the university system’s $10.65
billion endowment fund.

Apr 25, 2012

Andreessen Horowitz partners pledge income to charity

SAN FRANCISCO, April 25 (Reuters) – In an effort to
kickstart more charitable giving around Silicon Valley, the six
general partners at venture firm Andreessen Horowitz are
pledging to give half of their lifetime income from venture
capital activities to charity.

In addition, the partners plan to donate $1 million
immediately to six Silicon Valley nonprofits, ranging from food
to youth programs.

Apr 20, 2012

Big-data investors look for the next Splunk

SAN FRANCISCO, April 20 (Reuters) – Splunk Inc’s
impressive debut on Nasdaq Thursday, where it doubled its $17
initial public offering price, has investors suddenly paying
attention to a sector that has grown in relative obscurity: big
data.

Essentially a catch-all term, big data refers to the ability
to collect and analyze massive amounts of information on almost
every dimension of the human experience.

Apr 18, 2012

Social media is gold for Olympics advertisers

SAN FRANCISCO (Reuters) – Advertisers are going for Facebook as athletes go for the gold, in the first Olympic Games where marketers are placing such high hopes on social media to create a buzz for their brands.

With the London summer Olympics just 100 days away, advertisers hope that social media will do much of the heavy lifting in raising brand profiles, by getting consumers to chat about promotions online.

Apr 12, 2012

Dealtalk – What will be the next Instagram?

SAN FRANCISCO (Reuters) – Facebook’s willingness to pay $1 billion to buy the 12-person start-up Instagram has Silicon Valley venture capitalists happily re-doing their math on the potential value of hot young companies.

The fact that Facebook was the buyer is itself seen as a big plus for the valuation of start-ups that may be adding subscribers rapidly but in some cases are still far from being profitable or ready for the public markets.

Apr 11, 2012

What will be the next Instagram?

SAN FRANCISCO, April 11 (Reuters) – Facebook’s willingness
to pay $1 billion t o buy the 12-person start-up Instagram has
Silicon Valley venture capitalists happily re-doing their math
on the potential value of hot young companies.

The fact that Facebook was the buyer is itself seen as a big
plus for the valuation of startups t hat may be adding
subscribers rapidly but in some cases are still far from being
profitable or ready for the public markets.

Apr 5, 2012

After Jobs Act, Case turns focus to immigration

WASHINGTON, April 5 (Reuters) – As he gathers with other
movers and shakers at the White House on Thursday afternoon to
witness President Barack Obama’s signing of the Jobs Act, AOL
Inc co-founder Steve Case is already thinking ahead to
the next cause he can help champion behind the scenes:
immigration reform.

“Our work’s not done,” Case told Reuters in an interview,
adding that he would still pause to celebrate the passage of the
Jobs Act, intended to help start-up companies raise money and
hold initial public offerings. Case lobbied heavily for the new
law, milking his connections in the Washington area to build
consensus around the legislation.

Apr 4, 2012

Yahoo lays off 2,000 employees

April 4 (Reuters) – Yahoo Inc said it was laying
off 2,000 employees, signaling a broad shakeup of the company.

“Today’s actions are an important next step toward a bold,
new Yahoo — smaller, nimbler, more profitable and better
equipped to innovate as fast as our customers and our industry
require,” Chief Executive Officer Scott Thompson on Wednesday.
“Our goal is to get back to our core purpose — putting our
users and advertisers first — and we are moving aggressively to
achieve that goal.”