This Column Is Dedicated to Silicon Valley Venture Capitalists

The tech industry is far from perfect, but it remains essential to America’s future.

#altman-samuel-h, #banking-and-financial-institutions, #computers-and-the-internet, #innovation, #nabeel-hyatt, #openai-labs, #sacks-david-o, #silicon-valley-bank, #start-ups, #thiel-peter-a, #venture-capital

Crypto Wants Its Shine Back

After a miserable year, cryptocurrency companies are looking for ways to rebrand products that many consumers no longer trust.

#artificial-intelligence, #bankman-fried-sam, #binance, #blockchain-technology, #computers-and-the-internet, #entrepreneurship, #hk-ftx-trading-ltd-futures-exchange, #kwon-do, #start-ups, #virtual-currency, #zhao-changpeng

Silicon Valley Bank’s Collapse Makes Everyone Look Terrible

Banking is a critical form of public infrastructure that we pretend is a private act of risk management,

#banking-and-financial-institutions, #computers-and-the-internet, #democratic-party, #dodd-frank-wall-street-reform-and-consumer-protection-act-2010, #federal-reserve-system, #government-bonds, #infrastructure-public-works, #interest-rates, #silicon-valley-calif, #silicon-valley-bank, #start-ups, #united-states, #united-states-economy, #united-states-politics-and-government, #venture-capital

48 Hours Till Payroll, $200,000 to Go: Diary of a Bank Failure

The collapse of Silicon Valley Bank set major financial disruptions in motion. It also made one founder’s week a scramble.

#banking-and-financial-institutions, #credit-and-debt, #federal-deposit-insurance-corp, #mauskopf-sara, #shutdowns-institutional, #silicon-valley-bank, #start-ups, #venture-capital, #wages-and-salaries, #winnie-org

Silicon Valley Bank’s Deep Ties to the Tech Industry

More than many other banks, SVB catered to how risky tech start-ups and their backers do not adhere to normal business practices.

#andreessen-horowitz, #banking-and-financial-institutions, #computers-and-the-internet, #entrepreneurship, #kleiner-perkins-caufieldbyers, #mortgages, #sequoia-capital, #silicon-valley-bank, #start-ups, #venture-capital, #wines, #y-combinator

I Was an S.V.B. Client. I Blame the Venture Capitalists.

#andreessen-horowitz, #banking-and-financial-institutions, #morrisonfoerster, #regulation-and-deregulation-of-industry, #sequoia-capital, #silicon-valley-calif, #silicon-valley-bank, #start-ups, #venture-capital

Inside the Collapse of Silicon Valley Bank

While its leader extolled innovation and the future of tech, the bank paid less attention to risk management and was caught flat-footed by economic change.

#banking-and-financial-institutions, #becker-gregory, #california, #credit-and-debt, #federal-deposit-insurance-corp, #government-bonds, #regulation-and-deregulation-of-industry, #silicon-valley-calif, #silicon-valley-bank, #start-ups, #venture-capital

AI Funding Frenzy Escalates

In just weeks, a gold rush into artificial intelligence start-ups has become a full-blown mania.

#anthropic-ai-llc, #artificial-intelligence, #chatgpt, #cohere-inc, #computers-and-the-internet, #entrepreneurship, #openai-labs, #start-ups, #venture-capital

The Boys Who Cried ‘Woke!’

There’s a reason Republicans want to distract our attention from what’s really going on.

#banking-and-financial-institutions, #dodd-frank-wall-street-reform-and-consumer-protection-act-2010, #federal-deposit-insurance-corp, #federal-reserve-system, #government-bonds, #interest-rates, #regulation-and-deregulation-of-industry, #republican-party, #signature-bank, #silicon-valley-bank, #start-ups, #trump-donald-j, #united-states-economy, #united-states-politics-and-government, #venture-capital

After Bank Debacle, Silicon Valley Reckons With Its Image

Even as start-ups and investors began recovering their money from Silicon Valley Bank, the episode exposed the tech industry’s vulnerabilities.

#banking-and-financial-institutions, #computers-and-the-internet, #corporate-social-responsibility, #entrepreneurship, #regulation-and-deregulation-of-industry, #silicon-valley-bank, #social-media, #start-ups, #twitter, #venture-capital

An AI Start-Up Boomed, but Now It Faces a Slowing Economy and New Rules

Using A.I. tools in hiring is one of the most promising and contentious uses of the technology. The experience of a company called Eightfold AI shows the challenges.

#artificial-intelligence, #computers-and-the-internet, #eightfold-ai, #garg-ashutosh, #hiring-and-promotion, #kacholia-varun, #micron-technology-inc, #start-ups

Silicon Valley Bank Collapse Threatens Climate Start-Ups

The bank had relationships with more than 1,500 companies working on technologies aimed at curbing global warming.

#banking-and-financial-institutions, #global-warming, #greenhouse-gas-emissions, #inflation-reduction-act-of-2022, #silicon-valley-bank, #start-ups

3 Lessons From Silicon Valley Bank’s Failure

Here’s one takeaway: The bank’s extremely online clientele may have contributed to its downfall.

#banking-and-financial-institutions, #computers-and-the-internet, #credit-and-debt, #federal-deposit-insurance-corp, #government-bonds, #interest-rates, #regulation-and-deregulation-of-industry, #shutdowns-institutional, #silicon-valley-bank, #start-ups, #stocks-and-bonds, #venture-capital

Silicon Valley Bank Collapse Sets Off Blame Game Between Crypto and Tech

The implosion of the Silicon Valley bank led to finger-pointing, as executives and investors jumped on the crisis for their own messaging.

#banking-and-financial-institutions, #circle-internet-financial-inc, #computers-and-the-internet, #federal-deposit-insurance-corp, #hk-ftx-trading-ltd-futures-exchange, #regulation-and-deregulation-of-industry, #silicon-valley-bank, #start-ups, #venture-capital, #virtual-currency

Silicon Valley Bank’s Collapse Causes Strain for Young Companies

Young companies raced to get their money out of the bank, which was central to the start-up industry. Some said they could not make payroll.

#banking-and-financial-institutions, #computers-and-the-internet, #federal-deposit-insurance-corp, #silicon-valley-calif, #silicon-valley-bank, #start-ups, #venture-capital

Silicon Valley Bank Fails After Run by Venture Capital Customers

The Federal Deposit Insurance Corporation took control of the bank’s assets on Friday. The failure raised concerns that other banks could face problems, too.

#banking-and-financial-institutions, #federal-deposit-insurance-corp, #federal-reserve-system, #interest-rates, #signature-bank, #start-ups, #stocks-and-bonds, #treasury-department

The Messenger, a Media Start-Up, Aims to Build a Newsroom Fast

The company, which will begin operating in May, plans to have around 550 journalists covering entertainment, politics and sports within a year.

#finkelstein-jimmy-a, #hill-the-newspaper, #news-and-news-media, #newspapers, #online-advertising, #politics-and-government, #start-ups, #the-messenger

WeWork in Talks With Investors to Help Restructure Debt

The co-working giant is close to an agreement with SoftBank and others for new money and to restructure its debt.

#andreessen-horowitz, #real-estate-commercial, #softbank-corporation, #special-purpose-acquisition-companies-spac, #start-ups, #wework-companies-inc

The Furniture Hustlers of Silicon Valley

As tech companies cut costs and move to remote work, their left-behind office furniture has become part of a booming trade.

#chairs, #computers-and-the-internet, #coronavirus-2019-ncov, #dropbox-inc, #furniture, #herman-miller-inc, #layoffs-and-job-reductions, #relocation-of-business, #shutdowns-institutional, #sitecore, #start-ups, #tables, #workplace-environment

Ephemeral Tattoos Were ‘Made to Fade.’ Some Still Haven’t.

The temporary tattoo company updated its product description after customer complaints about persistent tattoos.

#ephemeral-tattoo, #start-ups, #tattoos

Tech Leaders in Israel Wonder if It’s Time to Leave

Ahead of a judicial overhaul that could transform the country and frighten away investors, the executives of Start-Up Nation are mulling an exodus.

#computers-and-the-internet, #courts-and-the-judiciary, #economic-conditions-and-trends, #entrepreneurship, #foreign-investments, #israel, #law-and-legislation, #netanyahu-benjamin, #politics-and-government, #start-ups

China’s Tech Rainmaker Vanishes, and So Does Business Confidence

Bao Fan’s firm says he’s unreachable, and others in the tech sector are worried for him and fear what his disappearance says about China’s heavy hand in business.

#banking-and-financial-institutions, #bao-fan-1970, #china, #china-renaissance-group, #computers-and-the-internet, #politics-and-government, #regulation-and-deregulation-of-industry, #start-ups

A Fraught New Frontier in Telehealth: Ketamine

With loosened rules around remote prescriptions, a psychedelic-like drug has become a popular treatment for mental health conditions. But a boom in at-home use has outpaced evidence of safety.

#computers-and-the-internet, #coronavirus-2019-ncov, #depression-mental, #drug-abuse-and-traffic, #drugs-pharmaceuticals, #food-and-drug-administration, #ketamine-drug, #mental-health-and-disorders, #psychiatry-and-psychiatrists, #start-ups, #telemedicine

The People Onscreen Are Fake. The Disinformation Is Real.

For the first time, A.I.-generated personas, often used for corporate trainings, were detected in a state-aligned information campaign — opening a new chapter in online manipulation.

#artificial-intelligence, #computers-and-the-internet, #corporate-social-responsibility, #facebook-inc, #graphika, #meta-platforms-inc, #rumors-and-misinformation, #social-media, #start-ups, #synthesia, #twitter, #video-recordings-downloads-and-streaming

Judge Said to Allow Meta’s Deal for Virtual Reality Start-Up to Move Forward

The ruling, which is under seal, is a defeat for the Federal Trade Commission, which tried to block Meta’s deal with a rarely used antitrust argument.

#antitrust-laws-and-competition-issues, #computer-and-video-games, #computers-and-the-internet, #davila-edward-j, #decisions-and-verdicts, #facebook-inc, #federal-trade-commission, #khan-lina, #meta-platforms-inc, #mobile-applications, #oculus-vr-inc, #social-media, #start-ups, #suits-and-litigation-civil, #supernatural-mobile-app, #virtual-reality-computers, #zuckerberg-mark-e

‘Recession Resilient’ Climate Start-Ups Shine in Tech Downturn

Tech workers and investors are flocking to start-ups that aim to combat climate change.

#computers-and-the-internet, #entrepreneurship, #global-warming, #greenhouse-gas-emissions, #recession-and-depression, #san-francisco-bay-area-calif, #start-ups, #venture-capital

New York State Convicted Him. Now It’s Made Him a Weed Pioneer.

Roland Conner became the first person with a criminal conviction to open a licensed cannabis dispensary in New York with the state’s help.

#dormitory-authority, #greenwich-village-manhattan-ny, #manhattan-nyc, #marijuana, #national-basketball-assn, #new-york-city, #real-estate-commercial, #regulation-and-deregulation-of-industry, #renting-and-leasing-real-estate, #start-ups

6 Podcasts to Help Navigate Your Career Path

Check out these shows whether you’re looking to start a business, pivot to a new industry or just better handle office politics.

#careers-and-professions, #entrepreneurship, #good-life-project-radio-program, #how-i-built-this-radio-program, #hows-work-radio-program, #perel-esther-1958, #podcasts, #poyant-jen, #raz-guy, #start-ups, #startup-radio-program, #the-art-of-speaking-up-radio-program, #work-life-balance, #zigzag-radio-program, #zomorodi-manoush

Media Start-up Semafor Plans to Buy Out Sam Bankman-Fried’s Investment

Semafor is one of several media companies that received money from Mr. Bankman-Fried or his affiliates before his cryptocurrency company fell apart and he was charged with crimes.

#advertising-and-marketing, #bankman-fried-sam, #semafor, #smith-ben-e, #smith-justin-b, #start-ups, #venture-capital, #virtual-currency

FTC Chair Lina Khan on the Problems with Noncompetes

The chairwoman of the FTC argues in favor of a proposal to eliminate noncompete clauses from employee contracts.

#antitrust-laws-and-competition-issues, #entrepreneurship, #federal-trade-commission, #labor-and-jobs, #law-and-legislation, #start-ups, #wages-and-salaries

A New Area of A.I. Booms, Even Amid the Tech Gloom

An investment frenzy over “generative artificial intelligence” has gripped Silicon Valley, as tools that generate text, images and sounds in response to short prompts seize the imagination.

#artificial-intelligence, #computers-and-the-internet, #corporate-social-responsibility, #entrepreneurship, #founders-fund, #microsoft-corp, #openai-labs, #silicon-valley-calif, #stability-ai-ltd, #start-ups, #thrive-capital, #venture-capital

The 2022 Good Tech Awards

Nuclear fusion, generative A.I., bee tracking and more. There’s a lot to like.

#artificial-intelligence, #bees, #commonwealth-fusion-systems-llc, #computers-and-the-internet, #ethereum-foundation, #lawrence-livermore-national-laboratory, #social-media, #start-ups, #venture-capital

Getting Creative With Vacant Office Space: Storage, Gym, Film Set

Some landlords are skipping residential conversion and instead seeking alternatives that are cheaper and easier to manage.

#landlords, #real-estate-commercial, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #start-ups

These Women Distillers Are Rising With the American Whiskey Boom

Before Dry January hits, Andrea Wilson of Michter’s and Nicole Austin of Cascade Hollow discuss how the expansion has affected them, particularly as women in a historically male industry.

#alcoholic-beverages, #bourbon-whiskey, #diageo-plc, #factories-and-manufacturing, #george-dickel-tennessee-whisky, #michters, #start-ups, #whiskey

What Comes Next for the Most Empty Downtown in America

Tech workers are still at home. The $17 salad place is expanding into the suburbs. So what is left in San Francisco?

#140-new-montgomery-street, #california, #computers-and-the-internet, #mixt, #real-estate-and-housing-residential, #san-francisco-bay-area-calif, #start-ups, #suburbs, #workplace-environment, #yelp

Ramesh Balwani, No. 2 Theranos Executive, Is Sentenced for Fraud

Ramesh Balwani, the former chief operating officer of the failed blood testing start-up, was convicted of 12 counts of fraud in July.

#balwani-ramesh, #computers-and-the-internet, #davila-edward-j, #decisions-and-verdicts, #entrepreneurship, #frauds-and-swindling, #holmes-elizabeth-1984, #prisons-and-prisoners, #start-ups, #tests-medical, #theranos-inc

Why Losing to Meta in Court Could Still Be a Win for Antitrust Regulators

As the Federal Trade Commission prepares to face off in court against Meta over a V.R. start-up deal, the agency is testing a novel argument as part of a strategy to push antitrust law.

#antitrust-laws-and-competition-issues, #computers-and-the-internet, #courts-and-the-judiciary, #facebook-inc, #federal-trade-commission, #justice-department, #kanter-jonathan-s, #khan-lina, #law-and-legislation, #meta-platforms-inc, #regulation-and-deregulation-of-industry, #start-ups, #suits-and-litigation-civil, #supernatural-mobile-app, #virtual-reality-computers

Twitter’s Rivals, Including Meta, Try to Capitalize on Musk-Induced Chaos

New start-ups and other social platforms sense opportunity as Twitter grapples with changes from Elon Musk, its new owner.

#automattic, #computers-and-the-internet, #entrepreneurship, #facebook-inc, #instagram-inc, #instant-messaging, #labor-and-jobs, #meta-platforms-inc, #mobile-applications, #musk-elon, #social-media, #start-ups, #tumblr, #twitter

How the Collapse of Sam Bankman-Fried’s Crypto Empire Has Disrupted A.I.

Mr. Bankman-Fried and his colleagues spent more than $530 million to battle what they saw as the dangers of artificial intelligence. Now those efforts are reeling.

#artificial-intelligence, #bankman-fried-sam, #bankruptcies, #computers-and-the-internet, #grants-corporate-and-foundation, #hk-ftx-trading-ltd-futures-exchange, #philanthropy, #research, #start-ups, #think-tanks, #venture-capital, #virtual-currency

Sympathy, and Job Offers, for Twitter’s Misinformation Experts

Seeing false and toxic information as a potentially expensive liability, companies in and outside the tech industry are angling to hire people who can keep it in check.

#computers-and-the-internet, #conspiracy-theories, #hate-speech, #layoffs-and-job-reductions, #rumors-and-misinformation, #social-media, #start-ups, #twitter

What Stage of Capitalism Is Sam Bankman-Fried?

FTX’s $32 billion valuation was a fantasy, but nobody bothered to look at it closely.

#banking-and-financial-institutions, #bankman-fried-sam, #capitalism-theory-and-philosophy, #internal-sub-only-nl, #millennial-generation, #ponzi-and-pyramid-schemes, #regulation-and-deregulation-of-industry, #start-ups, #united-states, #venture-capital, #virtual-currency

Elizabeth Holmes Is Sentenced to More Than 11 Years for Theranos Fraud

Ms. Holmes was convicted in January of four counts of wire fraud for deceiving investors with claims about her blood testing start-up Theranos.

#balwani-ramesh, #computers-and-the-internet, #frauds-and-swindling, #holmes-elizabeth-1984, #prisons-and-prisoners, #start-ups, #tests-medical, #theranos-inc, #venture-capital

Elizabeth Holmes to be Sentenced in Fraud Trial

Ms. Holmes, founder of the failed blood testing start-up Theranos, is scheduled to learn her fate on Friday. She faces a maximum of 20 years in prison.

#computers-and-the-internet, #frauds-and-swindling, #holmes-elizabeth-1984, #silicon-valley-calif, #start-ups, #tests-medical, #theranos-inc, #venture-capital

Investors Who Put $2 Billion Into FTX Face Scrutiny, Too

Venture capital firms and investment funds showered the failed crypto exchange and its founder with money. There were few strings attached.

#bankman-fried-sam, #bankruptcies, #blackrock-inc, #computers-and-the-internet, #entrepreneurship, #hk-ftx-trading-ltd-futures-exchange, #lightspeed-venture-partners, #regulation-and-deregulation-of-industry, #ribbit-capital, #secret-inc, #sequoia-capital, #softbank-corporation, #start-ups, #third-point-llc, #venture-capital, #virtual-currency

Tech’s Talent Wars Have Come Back to Bite It

Hiring the best, the brightest and the highest number of employees was a badge of honor at tech companies. Not anymore as layoffs surge.

#careers-and-professions, #computers-and-the-internet, #hiring-and-promotion, #labor-and-jobs, #layoffs-and-job-reductions, #meta-platforms-inc, #recession-and-depression, #silicon-valley-calif, #start-ups, #twitter, #unemployment

Silicon Valley’s Unbridled Euphoria Runs Into Economic Reality

Once-buzzy start-ups had held out against the new reality that the good times are over. No longer.

#computers-and-the-internet, #entrepreneurship, #layoffs-and-job-reductions, #parties-social, #silicon-valley-calif, #start-ups, #venture-capital

A Coming-Out Party for Generative A.I., Silicon Valley’s New Craze

A celebration for Stability AI, the start-up behind the controversial Stable Diffusion image generator, represents the arrival of a new A.I. boom.

#artificial-intelligence, #brin-sergey, #computer-and-video-games, #computers-and-the-internet, #emad-mostaque, #eshoo-anna-g, #exploratorium, #google-inc, #open-source-software, #openai-labs, #regulation-and-deregulation-of-industry, #social-media, #start-ups, #venture-capital

Are We Past Peak Newsletter?

The humble email newsletter, which became a star in its own right, appears headed back to earth.

#atlantic-monthly, #axios-media-inc, #dispatch-the-web-site, #facebook-bulletin, #meta-platforms-inc, #new-york-times, #news-and-news-media, #newsletters, #nunn-emily, #politico-the, #punchbowl-news, #social-media, #start-ups, #stratechery-llc, #substack-inc, #thompson-ben, #writing-and-writers, #zestworld

Small Businesses Build Their Own Supply Chains

They’re shifting to domestic sourcing and production, like some big manufacturers, but with at least one advantage the giants don’t have.

#coronavirus-2019-ncov, #entrepreneurship, #factories-and-manufacturing, #innovation, #real-estate-commercial, #start-ups, #supply-chain

Elizabeth Holmes Case Takes On More Drama Ahead of Sentencing

The founder of Theranos, the failed blood testing start-up, asked for a new trial after a surprise visit from a key witness to her house.

#computers-and-the-internet, #corporate-social-responsibility, #courts-and-the-judiciary, #decisions-and-verdicts, #frauds-and-swindling, #holmes-elizabeth-1984, #silicon-valley-calif, #start-ups, #theranos-inc, #whistle-blowers, #witnesses