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One-Year-Old Business Software Maker Slack Valued at $1.12 Billion

WSJ – Douglas MacMillan – Oct 31 – Slack CEO Stewart Buttervield Slack Workplace collaboration tool Slack didn't exist two years ago. Now the company is one of the most valuable business software startups in the world. Slack Technologies raised $120 million in a mega-round of…
Dave McClure RT @Techmeme: Slack raised $120M at $1.12B valuation in a round led by Kleiner and Google Ventures (@dmac1) t.co/Jm95nzZxI1 t.co/9pZeS1bkBX
Ross Mayfield Slack raised $120M at $1.12B valuation in a round led by Kleiner and Google Ventures, all... t.co/OFf1TZHEkH
Dave Hodson Lots of co's at 1b+ valuation, what is exit? >> Slack's 1-Yr-Old Software Biz Valued at $1.12B - Digits WSJ t.co/LgVup55tg5 #startup
Erick Schonfeld 'It's maybe 60 years of runway at our current burn,' -@Slack CEO @Stewart on his company's $120M round t.co/HOmZ9eT2XX via @WSJD
Bilal Zuberi Entrep told me today: "I don't need more money". My reply: "Dude, heard of Slack? They now have 60 yrs of runway". t.co/Picw59J3pO
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Come Out, Come Out: The Tim Cook Moment Is Here

recode.net – Oct 31, 4:03 PM – Looking back, I guess we in the media might have asked Apple CEO Tim Cook if he were gay. Me especially, since I am gay. And, like many, I had heard all the assumptions about the self-effacing exec's sexual orientation, even though he and I had…
Nilofer Merchant What a relief it must be. To be out, and open about who you are. To be okay to be seen. #TimCook t.co/nK0WBQpAPb
Adam Nash RT @davidhornik: Really lovely piece about Tim Cook by Kara Swisher (@karaswisher). Well said. Much appreciated. t.co/BOVnaUp3Bd
David Hornik Really lovely piece about Tim Cook by Kara Swisher (@karaswisher). Well said. Much appreciated. t.co/BOVnaUp3Bd
Dave McClure RT @Techmeme: Come Out, Come Out: The Tim Cook Moment Is Here (@karaswisher / Re/code) t.co/NhWXro5Wao t.co/JiLAuhT9Ia
Eghosa Omoigui Come Out, Come Out: Tim Cook's Moment Is Here t.co/Cr8Y2ufaVX personal view, shared lens. to have known Tim is to have known him #qef
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Virgin Galactic Crash: A Tragedy of Hubris

TIME – Jeffrey Kluger – Oct 31, 4:36 PM – It's difficult not to feel sympathy for the hard-working people of Virgin Galactic—Sir Richard Branson's private space tourism company—after the loss of their SpaceShipTwo vehicle in a crash in the Mojave Desert at a little after 10…
Jean-Louis Gassée RT @sacca: Brave pioneer died conducting research. Go fuck yourself, Time. '@TIME: "Virgin Galactic crash: A tragedy of hubris" t.co/0cNtUYmK9x'
Mike Maples This article by Time is just terrible. They should be about the times and not Luddites behind the times. Sad t.co/GK3JD6libA
howardlindzon RT @sacca: Brave pioneer died conducting research. Go fuck yourself, Time. '@TIME: "Virgin Galactic crash: A tragedy of hubris" t.co/0cNtUYmK9x'
Kent Goldman RT @sacca: Brave pioneer died conducting research. Go fuck yourself, Time. '@TIME: "Virgin Galactic crash: A tragedy of hubris" t.co/0cNtUYmK9x'
Bilal Zuberi Wow. Silly piece at such a tragic time. '@TIME: "Virgin Galactic crash: A tragedy of hubris" t.co/sUYk1PbpPC'
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Slack Confirms $120M Fundraise Led By Google Ventures And KPCB At $1.12B Valuation

TechCrunch Ingrid Lunden (@ingridlunden) – Oct 31 – Slack, the enterprise collaboration platform co-founded by Stewart Butterfield, today confirmed that it has closed a $120 million round of funding, co-led by Kleiner Perkins Caufield & Byers and Google Ventures with the participation of past…
Mike Grandinetti #Slack Confirms $120M #Fundraise Led By #GoogleVentures & #KPCB @ $1.12B Valuation #VC #entrepreneur @RedditStartups t.co/BQu8d2g2sC
Boris Wertz Slack Confirms $120M Raise Led By Google Ventures & KPCB @ $1.1B Valuation t.co/gzvOGPGIWS < congrats @stewart, amazing 8 months run!
Nabeel Hyatt Congrats @SlackHQ & @mgsiegler - $180m raised in the first year of launch, woah. "Slack confirms $120m fundraise." t.co/0HxSiJzyOx
Ryan Lawler Now can we just get threaded comments? RT @TechCrunch: Slack Confirms $120M Fundraise Led By Google Ventures & KPCB t.co/Xf18dL70qR
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A Counterintuitive System for Startup Compensation

firstround.com – automatico – When Molly Graham joined Facebook, the company already had 400 employees, but there was no official performance or compensation system in place. There had been attempts, but nothing stuck. The result: Very little transparency, a lot of one-off…
Nabeel Hyatt Great piece, except one year reviews in startups is terrible. "A Counterintuitive System for Startup Compensation" t.co/dd4TzsoZ1l
David Crow RT @bwertz: A Counterintuitive System for Startup Compensation t.co/fjS1gOCGFC by @molly_g on @firstround #mustread
Boris Wertz A Counterintuitive System for Startup Compensation t.co/04JoGrAXhi < great advice on a difficult topic!
alan jones 'You can't be transparent if you're not paying fair, and if you are, there's no reason to not be' t.co/95lR3JP5jh via @firstround
Joel Gascoigne 'Compensation is never going to be the thing that makes people join or stay at a startup long-term, nor should it be' t.co/koW1bqOoAM
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Former Android Leader Andy Rubin Leaving Google

WSJ – Alistair Barr – Oct 30, 4:50 PM – Andy Rubin, co-founder and former leader of Google Inc.'s Android mobile business and the current head of its nascent robotics effort, is leaving the Internet company, the company said Thursday. Mr. Rubin is starting an incubator for startups…
Bernard Moon Former Android leader Andy Rubin leaving Google t.co/wn3NNKNp2l via @WSJ
hussein kanji Andy Rubin is leaving Google to build a hardware incubator t.co/R793lgQhZQ
Michael Arrington Former Android leader @Arubin leaving Google t.co/LqXkz3EX97 New hardware incubator!
Dave McClure RT @Techmeme: Google robotics lead Andy Rubin leaving the company to start incubator for hardware startups t.co/0BUMnGUpj0 t.co/bw2v9Bj6L0
Trevor Owens Better to lose him after Android than before -- Andy Rubin Leaving Google t.co/QO7PtZMUS6
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FT interview with Google co-founder and CEO Larry Page

FT.com – Oct 31, 12:39 PM – Wouldn't the world be a happier place if 90 per cent of the people with jobs put their feet up instead and left the robots to do the work? Why didn't the last house you bought cost only 5 per cent of what you paid for it? And is there any reason…
Marc Andreessen RT @lionelbarber: Google co-founder and CEO talks exclusively to the Financial Times - in our weekend special report on Silicon Valley t.co/tz8CpxoNjj
Michael Parekh The Ultimate Do-Googler: "FT interview with #Google co-founder and CEO Larry Page" t.co/tn7p1EMQgM via @FT #Tech #Economy $GOOG
Eric Koester RT @takingpitches: Larry Page: Given the chance to give up work, 9 out of 10 people 'wouldn't want to be doing what they're doing today' t.co/72SY2Mvgn0
Chris Dixon RT @pmarca: This is a very good interview, both the questions and the answers: Richard Waters & Larry Page: t.co/mRlA9NMi2u @RichardWaters
Marc Andreessen RT @takingpitches: Larry Page: Given the chance to give up work, 9 out of 10 people 'wouldn't want to be doing what they're doing today' t.co/72SY2Mvgn0
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This Ambulance Drone Can Fly Into Trouble With First Aid

TechCrunch John Biggs (@johnbiggs) – Oct 31 – A Dutch engineer has created a flying defibrillator for emergency situations. The drone, called the Ambulance Drone, would be stationed at various points in the city. In an emergency, people on the scene can call it in and it arrives a few seconds…
Marc Andreessen RT @TechCrunch: The Ambulance Drone with a built-in defibrillator can come to the rescue with first aid t.co/ViVAKoufFq t.co/8SepBALApJ
Julian Green Ambulance drones could bring defibrillators in minutes t.co/PgjR0SSSo8
Mike Grandinetti #Ambulance #Drone Can Fly Into Trouble With #FirstAid #medtech #hackinghealth #UAV @singularityhub @singularityu t.co/Jc6fDY8r2F
/ Tak Miyata 救護ドローン。このユースケースはありですな。 t.co/5XVrHOz6lC
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Silicon valley: start-up founders under pressure

FT.com – Oct 31, 12:31 PM – Weekdays at 5.30am or sometimes earlier, Ryan Hoover rolls out of bed in San Francisco and starts to worry. His start-up, Product Hunt, has become a cult hit in Silicon Valley, with two rounds of venture capital raised in less than a year of the…
Eric Koester RT @Bill_Gross: It's easier than ever to START a company, but it's just as hard as ever to BUILD a great, long-term, profitable one: t.co/wJmKg9quwm
Don Dodge RT @Bill_Gross: It's easier than ever to START a company, but it's just as hard as ever to BUILD a great, long-term, profitable one: t.co/wJmKg9quwm
Bill Gross It's easier than ever to START a company, but it's just as hard as ever to BUILD a great, long-term, profitable one: t.co/wJmKg9quwm
Marc Andreessen RT @Evanish: Yup. "Especially in start-ups, there's this need to really show that you're quote-unquote 'killing it' all the time." t.co/8ghUewsWmd
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I'm 41, Single and Pregnant.

Medium – Oct 29, 3:50 PM – Hello, I'm Rachel. I'm 41, single and pregnant. Taken together, these three elements tend to act as sad little modifiers for each other. “Single” is usually applied to women as though they are a problem to be fixed. “41”…
rachelsklar RT @howardlindzon: My pal Rachel is 41, single and pregnant. Mazel to be. t.co/f8ynHHQL3i ...big deal , I am 49 , fat and have ear hair :)
rachelsklar @mindykaling Wish I could go to Shulman & Associates - I could be Peter's totally inappropriate love interest... t.co/ZVFd0dNSxY
Tom Hulme I'm 41, Single and Pregnant. (via @Medium) #longreads t.co/xXNwh1VTvA
rachelsklar RT @pakman: I love the frankness of @rachelsklar "I'm 41, Single and Pregnant" #techtransparencyweek t.co/Xw9qXYHV7u
howardlindzon My pal Rachel is 41, single and pregnant. Mazel to be. t.co/f8ynHHQL3i ...big deal , I am 49 , fat and have ear hair :)
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