Posted by angryhanna, at 12:28PM 10/11/08 and by 2 others:
Team Cyprus Move To Undo “The Video”
Note:
A group of twenty or so tech elite were partying 1999-style in Cyprusthis last week, and posted a lip sync video of the Journey song “Don’t Stop Believing” a couple of days ago. Among the group were Brittany Bohnet of Google, Mike Hudack of Blip.tv, Dave Morin and Aaron Sittig of Facebook, Sam Lessin of Drop.io and Jessica Vascellaro, the Wall Street Journal’s Silicon Valley beat reporter. Team Cyprus: Alcohol + Bad Judgement + Really. Poor Timing The video was released just as Silicon Valley really began falling apart and the UnParty began in earnest. - eBay’s 10% layoffs. , Google's stock nosedive. , Yahoo’s self destruction. , VC’s. bunkering. down. , etc. And more than a few people thought the ostentatious partying was a little, ahem, tasteless in light of the meltdown back home. Now that video has been taken private. , which is what it should have been marked as in the first place. But it’s too late - the video has spread to YouTube and other sites, and won’t be disappearing again. As I said yesterday, fair or not the video video will always be associated with the end of Web 2.0.
tags: team cyprus move to undo the video
groups: in Online Video
Posted by angryhanna, at 12:24PM 10/11/08 and by 1 others:
Sequoia Capital’s 56 Slide Presentation Of Doom
Note:
We were able to track down the presentation that Sequoia Capital. gave to its portfolio company CEO's earlier this week (and so did VentureBeat. ) It's a long, 56 slide Powerpoint message of doom and gloom in Silicon Valley that we covered yesterday along with an email that angel investor Ron Conway sent. to his 130 active portfolio companies. The final text slide reads "Get Real or Go Home." Benchmark Capital jumped on the band wagon today with their own email to portfolio companies. The messages are all similar - companies need to stay ahead of the curve as much as possible. Cut costs now, and raise capital if you can. If there's someone out there willing to buy you, do it. Etc. Of course all this negativity helps create the very downturn that venture capitalists are warning their companies to defend themselves against, perpetuating a sort of vicious cycle downward. But that's ok, sometimes the hedge needs to be pruned. And this is what makes Silicon Valley its ugly, beautiful self.
tags: sequoia capital s 56 slide presentation of doom
groups: in Investors
Posted by pkrf1end, at 11:54AM 10/11/08 and by 1 others:
Phils go up 2-0 on Dodgers behind Myers (AP)
Note:
Brett Myers stood on first base, shaking his head and shrugging his shoulders. He couldnt explain his hitting success, and no one ever expected it. Myers did better at the plate than on the mound, going 3-for-3 with three RBIs, and Shane Victorino drove in four runs as the Philadelphia Phillies overcame another homer by Manny Ramirez to beat the Los Angeles Dodgers 8-5 Friday for a 2-0 lead in the...
tags: homer
· manny ramirez
· los angeles dodgers
· shane victorino
· shoulders
and 2 more.
groups: in Sport