Startups

The clock is about to start ticking.

When Facebook goes public later this week -- potentially commanding a lofty valuation of more than $100 billion out of the gate -- the demands on the 28-year-old Mark Zuckerberg will far outweigh any sartorial silliness about what he should or should not wear.

Not that there is any immediate pressure to perform for Wall Street given the understandable excitement about the huge number of people using Facebook every month -- a customer base now approaching some 15 percent of the world's population. But honeymoons for newly public companies only last so … Read more

SAN FRANCISCO--If there's one thing that technology investors would like to have an easier time doing, it's poaching highly skilled engineering talent.

That much was clear at the AngelList Hackathon, an event held here today at the offices of AngelList, a company built around connecting early-stage startups with investors. But unlike many hackathons, during which entrepreneurs build new products meant for the world at large, these hackers were showing off new tools aimed solely at the large AngelList community of startups seeking funding.

In about 90 minutes, AngelList team members showed off 10 tools all meant to add … Read more

The boys who brought Napster to the world -- Sean Parker and Shawn Fanning -- are getting ready to reveal details of their next, still stealthy startup.

It's called Airtime, although a year ago the project apparently was going by the name Supyo, and it has to do with live video. And, naturally, social media -- a familiar world for Parker, who was Facebook's founding president and is currently a backer and board member of Spotify.

Few details exist yet, but last year TechCrunch reported that the startup is a Web-based video chat service that aims to connect … Read more

The rush to replace paper loyalty cards with app equivalents is on, and one of the hottest in the race -- Chicago-based Belly -- has just won a big nod of support.

Venture firm Andreessen Horowitz is investing $10 million in Belly, which the company will use to conquer new markets and keep up its pace of signing on more than 100 local merchants per week. Belly, which is currently available in six cities, today is launching in New York and Boston.

The $10 million investment, a series B round, comes with some star power. Andreessen Horowitz partner Jeff Jordan, … Read more

BOSTON--Internet, meet clean tech.

A weekend hackathon here showcased the promise -- and limits -- of applying mobile and Internet software development toward efficiency. To advocates, the "cleanweb" will succeed where clean tech fell short.

The Cleanweb hackathon, held in a warehouse-turned tech incubator in South Boston, on Sunday afternoon finished up a day and a half of furious coding by about 80 programmers, with some spending the night to finish their demos.

The 16 teams presented a very varied set of applications but they have one thing in common: they all seek ways to use natural resources … Read more

commentary Yahoo CEO Scott Thompson will likely come to regret his decision to declare a patent war against Facebook. Even if Yahoo does manage to win its case in the courts, he won't be sticking around to savor the victory.

The former PayPal president is under attack by Yahoo investors and the tech world for allegedly inflating his college credentials. His official Yahoo bio said he earned a bachelor's degree in accounting and computer science from Stonehill College, when he only has an accounting degree from his alma mater.

Yahoo called the issue an "inadvertent error" … Read more

SecondMarket, which runs a market for shares of private companies, took a big hit when it lost Facebook as a customer, even letting go of 10 percent of its staff.

So who will replace Facebook, which since SecondMarket got into this business has been its most actively traded stock? That's a tall order, and it's unlikely that any one company will make up for all the trading that went on with Facebook.

Moreover, it's hard to assess what's going on with SecondMarket since the company doesn't disclose much. It won't say, for instance, which … Read more

When it comes to courting investors, especially venture capitalists, for your startup, the recipe is simple: stop worrying and start focusing.

Most investors have a singular goal -- to fund a startup that eventually becomes a large, independent, defensible company. Finding an Evernote, Airbnb, or Instagram provides the kind of return that makes or breaks a venture capital firm.

But how do VCs find a company that is going to become big? It's not an easy task, but there are a few clues investors look for in order to determine your chance at hitting the jackpot. Here are a … Read more

Laser cutting, machine sewing, woodworking -- these are some of the basic skills used to build today's latest tech products. And more and more entrepreneurs are getting hands-on training to make their ideas a reality.

TechShop -- described by CEO Mark Hatch as "shop class on steroids" -- is one of the places that inventors go to make prototypes of their projects.

"A lot of people like to make things. It's fundamental to what it means to be human -- at least, we believe that," says Hatch.

He sat down for an interview recently … Read more