Interesting graphic via Top Prospect showing another benefit of being at one of the big dogs: When you finally leave, your next start up idea gets VC funded:
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Click for ginormous graphic
Source: Googlers +1 Facebookers for VC dollars
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries." -Bill Gross
Signs continue that European markets are getting tired. The Spanish and Italian stock markets, big beneficiaries of the sharp decline in their bond yields over the past few months are falling to the lowest since Feb 1. The European bank index is at a 1 1/2 week low after earnings reports from Commerzbank and Credit Ag (RBS bouncing although reporting weaker than expected earnings) were disappointing. This market action is in spite of the German IFO business confidence figure which rose to a 7 month high coming in a touch above expectations and Italian consumer confidence which bounced more than...
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July 27th, 2011 at 7:12 pm
I haven’t heard of a single one of these “brilliant” ideas. VB bubble, anyone?
July 27th, 2011 at 8:48 pm
An irrelevant comment for your appreciation. It’s curious that nowadays “tech” seems to be all but synonymous with “internet content”. It’s a big world, and it’s not clear to the outside observer that the US financial industry sees much more than the latest trend.
Crude, quick example– a large, state-subsidized photovoltaics factory closed down near me 2 years after it was built from scratch, moved mostly to China. 800 jobs lost (fortunately, for some reason they “hired” many employees as contractors). Apparently the USA can’t compete. Meanwhile, every time I go to Germany another zillion buildings have sprouted PV arrays thanks to a government energy policy (imagine!), and the German PV industry– that’s technology– seems to be doing quite well, thankyouverymuch. Meanwhile, facebook lets me find my high school friends and twitter…. adds what value to our society, exactly?
July 28th, 2011 at 10:08 am
Impressive graphic. I have heard of several of these startups, but I think they are all more industry insider names so far than household names. FourSquare and Zoosk are moderately popular.