It's our annual prediction extravaganza! Stephen, the All-Seeing Eye, NostraTongus, and Molly the Mage look into 2012 and guess at which companies, which gadgets, and which trends will appear, die, expand, or maybe just go horribly wrong. Spoiler: we all think Facebook will IPO.
It's the end of the year show! And we celebrate that, and Hanukkah, with a very special Rumor Has It today.
Instead of rounding up the week's hottest rumors, we've rounded up the year's hottest rumors. Bam! And we bet you can guess what's on our list.
We cover the ones that did come true, the ones that didn't, and the ones that were so annoying, we wanted to scream. Why won't some of these rumors ever die? At least they keep us in business.
What was your top rumor that did come true, didn't come true, or annoyed you to death? Let us know in the comments.
We don't have a show next week, but tune back in January 3, 2012 (!), for the first Humiliation Day of the year. Augh! … Read more
Here's an upbeat tidbit to end the year: 2011 is on track to the biggest year in venture capital deals in a decade.
Big years make for daring bets, and for this year I've chose a dozen influential investors to single out for their role in fueling startups of all sorts.
If the final quarter shapes up as it looks like it will, venture capital deals will total $30 billion for the year, a 25-percent jump from 2010, according to Anand Sanwal, whose firm, CB Insights, tracks investment activity among VCs and some big angel investors.
"I … Read more
Marc Andreessen's view of the world boils down to software.
From where he stands, as the guy who co-founded Netscape Communications and now co-runs the powerful Silicon Valley venture firm Andreessen Horowitz, no industry is safe from software. Or, as Andreessen put it in a much-discussed piece he wrote for The Wall Street Journal, "Software is eating the world."
Software has chewed up music and publishing. It's eaten away at Madison Avenue. It's swallowed up retail outlets like Tower Records. The list goes on.
No area is safe--and that's why Andreessen sees so much … Read more
As more and more companies get into the daily-deals game, the bankers behind Groupon's IPO must be banging their heads against the wall. And now, there's one more formidable entrant to give them headaches: PayPal.
The eBay-owned payments company says it is planning on offering deals as soon as the first quarter of 2012. And, according to Bloomberg News, it is taking what could be a smart approach to the ever-popular deal genre: location- and user-habit-based offers.
PayPal has more than 100 million users, and it thinks that it can leverage what it knows about those customers to … Read more
Daily-deals provider LivingSocial has decided against an initial public offering for now.
Rather than test the IPO market, LivingSocial's management has decided to raise $400 million in funding, based on a $6 billion valuation. According to a Securities and Exchange Commission filing outlining its plans, LivingSocial has already raised $176 million of the sum.
Bloomberg, which was first to report on the funding yesterday, cited sources who claimed the entire amount will come in the form of both equity and debt.
LivingSocial, the No. 2 daily deals company behind Groupon, revealed in an SEC filing that it has raised $176 million.
The company reported that it is trying to raise $400 million, so presumably execs are still out trying to sign on more investors.
Some of the investors so far include AOL founder Steve Case, Amazon, and U.S. Venture Partners. The money is going to continue expanding operations.
The company, which is based in Washington, D.C., says it has more than 34 million members in the U.S. and more than 46 million worldwide. It had reportedly been exploring … Read more
Those helicopter-pilot lessons probably sounded like a good idea at the time, but now you're thinking you'd rather stay on the ground and put that $50 back in your pocket.
Call it coupon remorse, that feeling you get after buying the daily deal from Groupon, LivingSocial, or any of their countless competitors. Either you no longer want the deal, or you can't take advantage of it for some reason. (The school play is the same night as those Cirque du Soleil tickets? Damn!)
Fortunately, several sites now offer you the chance to get some or all of … Read more
Before you conclude that this is just another manipulative march of the high tech financiers, take another look. In a number of ways, Zynga is breaking with startup-looking-to-go-public business as usual. The likely reason is the number of newly-public tech companies that have already seen their stock prices drop below IPO levels. Maybe it signals a new direction for tech IPOs, and that … Read more
Leaked from 404 Podcast 955:Elvis Costello tells fans to "Steal this record." Little Printer chews your feeds into a bite-size newspaper. Groupon stock is tanking, and Jill's here to tell us why! Facebook IPO coming next spring? Bathroom break video 1: Using Siri and Viper to start a car. Bathroom break video 1: Girl totally owns the treadmill.