Twitter co-founder Evan Williams can claim credit for changing the face of social media, as well as starting successful companies such as Blogger. He can also claim credit for Odeo, a failed attempt to revolutionize podcasting.
Before you assume this is another one of those persistence pep-talks encouraging you to hang in there through adversity, let me tell you this: it might be time to take a long, hard look at your beloved idea, project or initiative and chalk it up as a failure. Read More
Simply refresh this page repeatedly (or click the “About Us” link) and behold a new, brilliant Brooklyn hipster business name. The business generator is a never-ending source of “socially responsible”, “fixed-gear” company names. Brooklyn Laser Disc Company (Suppliers of homemade, free-range laser discs), Brooklyn Pancake Company (Builder of socially responsible, antique pancakes) and Brooklyn Chopstick Company (Makers of urban, authentic chopsticks) are just a few of the million-dollar ideas that await … Discuss
According to multiple reports, Yahoo will buy social blogging platform Tumblr for $1.1 billion in cash. As CNBC points out, Yahoo has a reputation for making high-dollar acquisitions ($35 million for Flickr, $3.6 billion for GeoCities, $5.7 billion for Broadcast.com) and then allowing the sites to fade from prominence. Even though Tumblr, which is owned by its 26-year-old founder David Karp, has a large user-base, it still isn’t a very profitable enterprise and has struggled to make much money from advertising. Many tech analysts and those familiar with the platform see the move as a major gamble for Yahoo: Best-case scenario, Yahoo improves on a simple, clean, blogging experience; worst-case scenario, they just paid a billion dollars for a lot of funny cat GIFs … Discuss
Facebook founder and CEO Mark Zuckerberg has joined the so-called “$1 salary club." This year the tech mogul will receive no bonuses and a salary of just a buck, joining the likes of Google co-founders Larry Page and Sergey Brin, Oracle's Larry Ellison, Zynga's Mark Pincus, Urban Outfitters' Richard Hayne, Fossil's Kosta Kartsotis and a handful of others, according to Mashable. Even Steve Jobs took a $1 salary when he returned to Apple in 1998. Don’t feel too bad for Zuckerberg (or the other CEOs) though—he’s still worth more than $2 billion. Zuck (like the others) makes all of his money in stock options. Though the $1 salary trend started as a publicity stunt, business experts say it is a way for businesses to not only save money, but also make sure executives always have an incentive to make their companies more valuable … Discuss