In an attempt to set the tone for a new, restructured, and a hopefully one day resurrected Fab, CEO Jason Goldberg has sent around a memo that is less rally-the-troops and more “you’re lucky to be here.” Titled “It’s a fucking startup. Why are you here?" the note, also posted on his personal website, continues to remind his employees that they could, very realistically, lose their jobs.
“You don’t begin a marriage by walking through a metal detector with two lawyers. Nor do I believe that you should end a marriage that way.”
Today not only can you find the love of your life online—now you can also divorce them.
“You’re not a true startup unless you flirt with death every few months.”
With almost $1 billion in funding and ambitions to replace petroleum-based cars with a network of cheap electrics, Shai Agassi’s Better Place was remarkable even by the standards of world-changing startups. So was its epic failure.
Want to foster creativity? Skip the foosball table and opt for a war room instead. Google Ventures’s Jake Knapp shows you how. Plus: a peek inside Google Ventures’s own war room. Read more>
How Naval Ravikant went from “radioactive mud” to a startup kingmaker who is disrupting traditional VC funding with his AngelList syndicates. Read more>
“Using three different experiments, the study found that both regular people and experienced angel investors are more likely to be swayed by a man’s business pitch, especially an attractive man’s, compared with the exact same pitch delivered by a woman.”
Oscar is a new health insurance provider with an impressive tech pedigree. But can it scale? Learn more here.
Getting around San Francisco just got easier, at least if you don’t mind a little bit of wind in your face. The Scoot Network and its fleet of electric-powered scooters just announced that it was expanding, adding five new locations for riders around the city for a grand total of 17 Scoot hubs.
What is Scoot, exactly? Think a CitiBike or ZipCar membership but for green-friendly, Vespa-like mopeds. Since launching 16 months ago, Scoot claims its members have treaded over 50,000 miles, and have kept 62,000 pounds of CO2 out of the environment.
"I went to work for a startup where the job I took was never posted," John Gannon writes at the Daily Muse. "I interviewed with the CEO of one of the most successful open source software startups—for a job that didn’t technically exist yet."
How does such surreptitious serendipity happen?
It’s one thing to attract adequate startup funding in New York or Silicon Valley. To do so in a place like Buffalo requires something more (a business plan, for one).
3. Ideas must travel.
"I sat with a company yesterday," said Z80 founder Jordan Levy, who had flown up to Buffalo that day from New York City. "I got angry with them because I said, what about the rest of the country? You’re building this just for New York City?" So many of the startups out there not only cater to young, single people, but city dwellers. The entrepreneurs at Z80, in part because of Levy’s urging, all have ideas that can "travel," as he puts it.
As the attitudes of civilians and Feds change, marijuana-centric startups see a “greenish” light to move forward — and stand to gain big. Alice Truong has the story.
Plan ahead raise capital before you need to and don’t freak out.
“Snapchat is doing a really awesome job of creating new behaviors that you wouldn’t expect… I’m not sure I have many [other] examples [of startups getting mobile right].”