Twenty-Year-Old Shahed Khan Has More Connections Than You Do

shahed-portrait Shahed Khan is a kind of VC wunderkind at the moment. At age 20, he isn’t away at college or living with his parents but instead working as an entrepreneur-in-residence with a noted team of investors at NFX Guild, a new accelerator program in San Francisco. (We’d written about it here.) Now the spotlight is on Khan to see if he can produce. Khan and three cofounders – all… Read More

Marc Andreessen and Sheryl Sandberg: Tech Is Not Driving Income Inequality

marc andreessen and sheryl sandberg This morning at Fortune’s Global Forum conference in San Francisco, Fortune interviewer Alan Murray got quite an earful from the guests on his panel: Facebook COO Sheryl Sandberg and venture capitalist and Facebook board member Marc Andreessen, who pushed back hard on the notion that technology is exacerbating income inequality. It was a riveting chat that touched on what’s next… Read More

Marc Andreessen and Sheryl Sandberg: Tech Is Not Driving Income Inequality

marc andreessen and sheryl sandberg This morning at Fortune’s Global Forum conference in San Francisco, Fortune interviewer Alan Murray got quite an earful from the guests on his panel: Facebook COO Sheryl Sandberg and venture capitalist and Facebook board member Marc Andreessen, who pushed back hard on the notion that technology is exacerbating income inequality. It was a riveting chat that touched on what’s next… Read More

Thomas Korte Of AngelPad On Its “Disproportionate Success” With European Founders

thomas-korte-angelpad1 In another week or so, AngelPad, a five-year-old accelerator that twice a year chooses roughly a dozen startups to coach over a three-month period, will host an invite-only “demo day” for a couple hundred angels and VCs in San Francisco. Likely, the investors are already looking forward to it. AngelPad has funded 115 companies to date, including its current cohort, and half a… Read More

AppDynamics, A “Unicorn,” Raises Fresh $83.4 Million, And It’s Targeting More

appdynamics Looks like investors approve of former Adobe digital chief David Wadhwani. Just weeks after it was announced that Wadhwani has joined seven-year-old, San Francisco-based AppDynamics as its new CEO, an SEC filing shows the company has raised a fresh $83.4 million in funding as part of a round that’s targeting up to $150 million. AppDynamics makes software to monitor the performance… Read More

A $750 Pill And Its Brash Owner Get Competition — And It Costs $1

screen-shot-2015-09-21-at-1-46-35-am Turing Pharmaceuticals, a months-old biotech startup that is largely financed by its 32-year-old founder and CEO Martin Shkreli, sparked widespread outrage last month. The reason: shortly after paying $55 million for a 62-year-old drug called Daraprim that’s prescribed for toxoplasmosis and other types of infections, Turing repriced the drug from $13.50 per pill to a stunning $750… Read More

In Shocking Turnaround, Consumer Reports Withdraws Its Tesla Model S Recommendation

tesla-model-s-white In late August, a report out of Consumer Reports, the Tesla Model S P85D,  all-wheel-drive electric sedan, performed “better in our tests than any other car ever has, earning a perfect road-test score.” We said at the time that the review was something you don’t see every day. Much more shockingly: Consumer Reports has just assigned Tesla’s Model S a… Read More

In Shocking Turnaround, Consumer Reports Withdraws Its Tesla Model S Recommendation

tesla-model-s-white In late August, a report out of Consumer Reports, the Tesla Model S P85D,  all-wheel-drive electric sedan, performed “better in our tests than any other car ever has, earning a perfect road-test score.” We said at the time that the review was something you don’t see every day. Much more shockingly: Consumer Reports has just assigned Tesla’s Model S a… Read More

Crisis Experts Debate Amazon’s Latest Move: Another Shoe to Drop?

shutterstock_324538922 When a New York Times piece came out in August that described Amazon’s workplace culture as “bruising,” Amazon cofounder and CEO Jeff Bezos acted quickly to dampen the story’s blow. He wrote a memo to employees saying the account “doesn’t describe the Amazon I know” and pointed out a separate piece by an Amazon engineer who described the Times article… Read More

Former Twitter COO Ali Rowghani To Lead Y Combinator’s $700 Million Growth Fund

Twitter_Ali Almost a year-and-a-half after Ali Rowghani resigned as COO of Twitter, he’s been appointed the head of Y Combinator’s growth fund by the organization’s president, Sam Altman. TechCrunch had heard whispers of the move earlier this week, but Altman made the announcement official earlier today, tweeting of Rowghani that he’s a “wonderful partner to help companies… Read More