Speaking separately at TechCrunch's Disrupt conference in San Francisco, both men reflected on the fact that today is September 11, and that one of the proposed outcomes of such snooping is greater safety. The question, of course, was sparked by leaks about the National Security Agency's surveillance program earlier this summer by former agency contractor Eric Snowden. Since then, other details … Read more
Lyft has doubled its number of rides in the last month and is expanding quickly despite a recent round of promotions from Uber that seemed to target Lyft's potential customers, CEO John Zimmer said at TechCrunch Disrupt on Monday.
Zimmer spoke about Lyft's competition with Uber, the on-demand black car service that recently expanded into Lyft's peer-to-peer car service space. He said the company would reply on its community, tied together by Lyft's quirky pink mustaches and obligatory fist bumps, to grow. Lyft has raised $82.5 million to date, while Uber has raised $307 million. … Read more
With Facebook's stock price crashing and employee morale sinking, Facebook CEO Mark Zuckerberg stepped up and delivered a home run he would never have been able to hit even just a year ago.
As you may know, Zuckerberg has been under fire the last few months for Facebook's plummeting stock price. A darling of Wall Street before its IPO, Facebook fell to half its IPO price in just a few months. As a result, a growing chorus of critics have called for new leadership at Facebook. Some have even called for Zuckerberg himself to resign.
While I've … Read more
SAN FRANCISCO--Facebook CEO Mark Zuckerberg said that in order to take his company where he wants it to go, he knows that he needs to help prospective -- and current -- employees "make a bunch of money."
Facebook's mission has been to build a great service and to put that mission in front of profit margins, Zuckerberg told a packed audience at TechCrunch Disrupt today (see CNET's live blog). The idea, he said, is that building a great service and a great company go hand in hand. And getting great employees to help with that mission … Read more
SAN FRANCISCO--As a serial entrepreneur, Digg founder Kevin Rose no doubt had a lot of people telling him how to grow his businesses. But the best advice he ever got was to get rid of employees that don't fit.
At TechCrunch Disrupt today, Rose -- who also co-founded Revision3, Pownce, and Milk, and who is now an investment partner at Google Ventures -- told interviewer Colleen Taylor that Twitter and Square founder Jack Dorsey gave him the best business suggestion he ever got: "Edit your team."
Dorsey told him, Rose said, "'You're just going to … Read more
Admittedly, he'll be speaking to a friendly crowd of startup founders and hard-core techies -- it's much harder to imagine him appearing at, say, a Goldman Sachs conference -- but he'll surely be grilled on an array of topics. TechCrunch founder-turned-venture-investor Michael Arrington will conduct the interview.
Let's hope Zuckerberg is frank. For sure, he'll continue to talk about how Facebook is built of the long haul and that … Read more
SAN FRANCISCO -- When Twitter cut off the connection to LinkedIn in July, LinkedIn founder Reid Hoffman said he assumed there would be a backlash.
Instead, the reaction was the opposite.
LinkedIn feeds "got much better," said LinkedIn founder Reid Hoffman, who was interviewed by Michael Arrington at Techcrunch Disrupt in San Francisco. "...because it was so, 'I'm having a latte, at a 49ers game,' ...where LinkedIn is primarily about business."
SAN FRANCISCO -- Venture Capitalist Ben Horowitz, half of the powerful Andreessen Horowitz duo, talked about how a lousy performing IPO -- are you listening, Mark Zuckerberg? -- can be a wrenching experience.
"The biggest pressure is on the employees who go home and someone in their family says, 'I read in the paper that you guys are bunch of idiots'," said Horowitz, who was interviewed at Techcrunch Disrupt by Silicon Valley veteran Bill Campbell. "It's a really hard thing to take."
Horowitz was talking about his experience as CEO of LoudCloud, a 1990s-era company … Read more
Former TechCrunch reporter Sarah Lacy launched a tech news site today called PandoDaily that is geared toward documenting every startup that pops up in Silicon Valley and beyond.
Lacy, who has covered tech for more than 15 years, says she quit TechCrunch in November because its AOL buyout was affecting the site's content.
In a manifesto called "Why I Started PandoDaily," which Lacy wrote and published on the news site, she said that her goal is to not sell PandoDaily. "Selling is not success to me. If I wind up selling, I've failed in some … Read more
SAN FRANCISCO--Hewlett-Packard is going through a lot of changes as it searches for a new CEO and digests Palm's Web OS, but don't expect it to follow Apple's lead.
"Emulating Apple is not part of our strategy," said HP's Todd Bradley, executive vice president in charge of the company's consumer products division, at TechCrunch Disrupt 2010. Bradley was being asked about whether or not its purchase of Palm's WebOS earlier this year was done in hopes of creating a portfolio of portable devices with unique packages of hardware and software, much like … Read more