The Silicon Valley leader taps Y-Combinator alum Sam Altman to take over as president of the startup incubator.
The goal of the U.S. Global Development Lab is nothing short of harnessing innovation to eliminate extreme poverty by 2030. Crave's Eric Mack asks USAID about the ambitious plan it likens to DARPA.
Outrage aside, Paul Graham sticks to the facts as he sees them: Startup founders with strong foreign accents are less likely to win VC funding.
Watsi is hoping to use a Kickstarter model to help fund crucial medical cases around the world. Thirteen health care institutions are using Watsi already.
Startups hoping to leverage Kickstarter's success were everywhere during the semi-annual graduation showcase, looking to get in on the crowdfunding action.
The leading tech incubator's 74 fledgling companies showed off their wares. Things like telepresence robots, new package delivery systems, mobile game controllers, and more, stood out.
Paul Graham, founder of the prestigious incubator for startups, tells CNET the move has been several months in the making.
Paul Graham warned that Facebook's tepid post-IPO performance could depress funding levels. He adds that life is now harder for VCs, who have to pick winners from a much bigger pool of startups.
The co-founder of the startup incubator sends an e-mail to portfolio companies warning of hard times ahead thanks to Facebook's disastrous performance.
The incubator's demo day has become a theme park for investors. Startups are the attractions that investors will endure long lines for and pay big bucks to ride.