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Wasting Time With The Joneses

TechCrunch – Eric Paley – Jul 30 – Starting a company is like attempting to bend the world to your will. There are obstacles at every turn, and it's never easy. Fundraising is one of those huge obstructions. Not only is the process of finding the true believers akin to finding the…
Bart Lorang This is a super important dynamic that every founder and startup leader should read and understand deeply: t.co/yWI3zBI4tk
Sean Seton-Rogers RT @pmarca: I'd like to have this printed, bronzed, and posted next to every startup founder's monitor: t.co/dVV5qRBKSY @epaley
Rob Go Great post from @epaley with some excellent examples. Wasting Time With The Joneses t.co/FnJpmYHSWW
Erick Schonfeld "Don't depend on anyone other than your customers, for validation. Prove your product's value with traction." @epaley t.co/2FaSoJpzIn
Erick Schonfeld "Raising more money than competitors can give founders the false sense that they are winning. They aren't." @epaley t.co/GyLoturN0w
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When I'm Gone

Medium – Rafael Zoehler – Jul 29, 4:09 PM – Death is always a surprise. No one expects it. Not even terminal patients think they are going to die in a day or two. In a week, maybe. But only when this particular week is the next week. We are never ready. It is never the right time. By the…
Josh Elman Wow, @rafaelzoehler first wrote this beautiful piece in Portuguese and translated it himself t.co/4RXx4Hyhj8 t.co/7PcfGpdOLM
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How a Chinese Billionaire Built Her Fortune

nytimes.com – David Barboza – Jul 30 – Zhou Qunfei is the world's richest self-made woman. Ms. Zhou, the founder of Lens Technology, owns a $27 million estate in Hong Kong. She jets off to Silicon Valley and Seoul to court executives at Apple and Samsung, her two biggest customers. She…
Chris Dixon RT @nytimesworld: Her company makes the glass on your iPhone. She is now the world's richest self-made woman. t.co/MH4ZYyJ1SS t.co/XjyCLPpMJD
Erick Schonfeld Chinese female billionaire has a "wooden statue of Mao and a 27-inch desktop Mac" on her desk. t.co/Zq4dAOIISY
Erick Schonfeld RT @nytimesbusiness: Her company makes the glass on your iPhone. She is now the world's richest self-made woman. t.co/edeydIqiiC t.co/q9AW2ewdHH
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Apple dives into SoMa for first big S.F. real estate grab - San Francisco Business Times

bizjournals.com – Jul 29, 3:06 PM – The San Francisco office market may get its first big bite of Apple. Apple Inc. (NASDAQ: AAPL) reached an agreement to rent about 76,000 square feet of office space in the South of Market neighborhood's 235 Second St., several real estate sources…
Hadley Harris Damn, I should have bought real estate in SoMa 10 years ago! Never the mind the fact I had less than no money. t.co/I8xwIMUrrI
Niko Bonatsos Great news for SF landlords. Bad news for SF renters. The tech crowd's migration to SF is now 100% legit. t.co/P5M1IaHbFR
Ross Mayfield We are approaching Peak Real Estate in the Bay Area t.co/8rtv9Q5k5G
Ryan Block So let me get this straight: Apple is going to share a building. In SF. With a bunch of tech reporters. t.co/Xdu5fHYEWd
Jonathan Abrams RT @JoshConstine: Many top engineers etc refuse to commute for hours or live in Cupertino's cultural blackhole, so Apple's coming to SF t.co/mA1pKs6BER
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LinkedIn Beats Analyst Estimates With $712M In Q2 Revenue

TechCrunch – Matthew Lynley – Jul 30 – LinkedIn's earnings today beat analyst expectations in dramatic fashion, sending the stock up as much as 14% in extended trading after it released its second-quarter results. The company reported earnings of 55 cents per share and revenue of $712…
Alex Osterwalder RT @Techmeme: LinkedIn beats Q2 estimates with $712M in revenue, up 33% YoY; shares rise as much as 14% t.co/qVOvRZVx1E t.co/atrExGMUu3
Ross Mayfield LinkedIn Beats Analyst Estimates With $712M In Q2 Revenue - TechCrunch t.co/DkznphPZCi
Dave McClure RT @Techmeme: LinkedIn beats Q2 estimates with $712M in revenue, up 33% YoY; shares rise as much as 14% t.co/qVOvRZVx1E t.co/atrExGMUu3
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The Tiny Team Taking on a Massive Reform of Government IT - Backchannel

Medium – Steven Levy – Jul 30, 10:21 AM – There was a time when Mikey Dickerson felt that one could live a satisfying life as a Google site reliability engineer. That was before the fall of 2013, when he got a call to help out with the rescue of Healthcare.gov. Dickerson joined a small…
Keval Desai RT @StevenLevy: Orig t.co/TYbr5TwowV enroll site: $200M to build, $70M/yr to maintain. USDS revamp: $4m to build, $4M/yr. t.co/pDGKLJYLQ6
Eric Ries If you're really the best of the best, then at some point you will be asked to come work for the US Digital Service t.co/8YuAQcnPv4
Eric Ries RT @StevenLevy: Orig t.co/TYbr5TwowV enroll site: $200M to build, $70M/yr to maintain. USDS revamp: $4m to build, $4M/yr. t.co/pDGKLJYLQ6
Anil Dash RT @Medium: 'The Tiny Team Taking on a Massive Reform of Government IT' by @StevenLevy t.co/MnFBdYo12k
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Study Of Spain's 'Google Tax' On News Shows How Much Damage It Has Done

Techdirt – Jul 29 – As you may recall, governments across Europe, generally at the behest of traditional newspaper publishers, have been pushing for what they call an 'ancillary copyright,' but which is much better referred to as a 'snippet tax' or a 'link tax.' Or…
Vinnie Lauria RT @Techmeme: Study: Shutdown of Google News and other aggregators in Spain hurt news sites' traffic and ads t.co/WYam63CSwQ t.co/OmqFbqJ4ev
Chris Sacca RT @paulg: Spanish government's "Google News tax" destroys big swathe of Spanish web: t.co/yGvd6xJOtj
Jonathan Abrams RT @mediagazer: Study: Shutdown of Google News and other aggregators in Spain hurt news sites' traffic and ads t.co/fbCYVWHT15 t.co/aSmbF4o4pJ
☞ Chris Messina ☜ When Spain forced news aggregators to pay for snippets, they hurt local news pubs' traffic & revenue. t.co/ucPn5vsvDz /by @mmasnick
Matt Cutts An analysis of the shutdown of Google News in Spain and the impact of mandatory ancillary copyright (say 3x fast!): t.co/tTUAlW8ywI
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Our plan for a more diverse Pinterest

Pinterest – There's been a lot of talk lately about the lack of diversity in the tech industry. Back in 2013, one of our engineers Tracy Chou kicked off the “ where are the numbers? ” initiative, which revealed just how low the numbers really…
Keval Desai RT @nicolewong: Bold & innovative move to increase diversity @Pinterest. t.co/JZOVondZyY Tech Leaders, bring your courage and ambition to this issue.
Andrew Mager ♫ RT @mh: Love that @Pinterest is sharing both its goals and plan for diversity. t.co/GzOP2KaBJz
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Today's Big Announcements

blog.numerousapp.com – Jul 30 – Buckle up, because we have a ridiculous amount of stuff to announce today: new iOS and Android apps, new channels, a new developer platform, and a deep new integration with IFTTT. (Plus, a new logo!) But before I dive in and show you all the new…
David Cohen Just installed the all-new @NumerousApp--new UI, new channels, new @IFTTT Triggers t.co/PptpQowzBp
Defrag/Glue new apps, new platform, new IFTT integration, new channels - check out the new @NumerousApp: t.co/7PzPcEmV6Z (disc: investor)
Ross Mayfield Numerous: 'connects people to the numbers that permeate their lives and put those numbers to work' t.co/1s5LdzD0th
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Our 2016 Foundry Group Fund and A Little History

Feld Thoughts – Jul 30, 4:40 AM – Yesterday we closed our fifth fund, Foundry Venture Capital 2016, L.P. As with all four of our other funds, it's a $225 million fund. In 2007 we raised our first fund – Foundry Venture Capital 2007. We subsequently raised a $225 million fund…
Semil Inspiring consistency & pacing by Foundry Group, one of the greatest VC franchises: t.co/DglJgDqxZt by @bfeld
Chris Sheehan RT @bfeld: Feld Thoughts: Our 2016 Foundry Group Fund and A Little History t.co/0YQb4lQKKC
Rob Go Rinse and repeat. I really admire the consistent strategy and great performance of Foundry. Congrats @bfeld and team t.co/8OsDDdkIyA
Brad Feld Feld Thoughts: Our 2016 Foundry Group Fund and A Little History t.co/0YQb4lQKKC
AngelList   (962 members)
The top 1000 investors on AngelList
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