Sunday, 18 Nov 2018
Category: Peter Thiel

How the 22-year-old founders of Brex built a billion-dollar business in less than 2 years

When Brazilian-born Henrique Dubugras and Pedro Franceschi met at 16 years old, they bonded over a love of coding and mutual frustrations with their strict mothers, who didn’t understand their Mark Zuckerberg-esque ambitions.  To be fair, their moms’ fear of their hacking habits only escalated after their pre-teen sons received legal notices of patent infringements in […]

VCs say Silicon Valley isn’t the gold mine it used to be

In the days leading up to TechCrunch Disrupt SF 2018, The Economist published the cover story, ‘Why Startups Are Leaving Silicon Valley.’ The author outlined reasons why the Valley has “peaked.” Venture capital investors are deploying capital outside the Bay Area more than ever before. High-profile entrepreneurs and investors, Peter Thiel, for example, have left. Rising […]

Gawker is relaunching in early 2019

After a two-year hiatus, Gawker is coming back. Peter Thiel, be damned. Bustle-owner Bryan Goldberg, who paid $1.35 million for rights to the defunct gossip site in a bankruptcy auction in July, wrote in a memo to Bustle staff Tuesday that Gawker would relaunch next year with Amanda Hale, the former chief revenue officer of […]

Palmer Luckey, political martyr?

In the middle of testimony over Facebook’s privacy scandal, Sen. Ted Cruz of Texas took a moment to grill Mark Zuckerberg over his company’s political loyalties. In the course of a testy exchange between Sen. Cruz and Zuckerberg, the senator brought up the dismissal of Palmer Luckey, the controversial founder of virtual reality tech development […]