I'd Pick More DaisiesBy Nadine Stair, age 85 If I had my life to live over, I'd try to make more mistakes next time. I would relax. I would limber up. I would be sillier than I have on this trip. I would be crazier. I would be less hygienic. I would take more chances, I would take more trips. I would climb more mountains, swim more rivers, and watch more sunsets. I would burn more gasoline. I would eat more ice cream and less beans. I would have more actual troubles and fewer imaginary ones. You see, I am one of those people who lives prophylactically and sensibly and sanely, hour after hour, day after day. Oh, I have had my moments And if ... Continue reading →
Kleiner Perkins Caufield & Byers, the blue-chip Silicon Valley venture capital firm known for its early investments in Google, is being sued by one of its investment partners who says she faced sexual harassment and discrimination at the firm.In the suit, filed May 10 in California Superior Court in San Francisco, the partner, Ellen Pao, alleges that beginning in 2006 she was sexually harassed by Ajit Nazre, an investment partner who recently left the firm. The suit says he made unwanted sexual advances toward her, and when she rebuffed him, he “engaged in offensive, obstructionist and difficult behavior.”The suit says Ms. Pao “succumbed to Mr. Nazre’s insistence on sexual relations on two or three occasions,” but informed him in October 2006 that she did not ... Continue reading →
Bloomberg News Facebook CFO David Ebersman decided to boost IPO shares. Less than three days before Facebook Inc.'s initial public offering, Chief Financial Officer David Ebersman decided to boost the number of shares the company would offer investors by 25%, said people familiar with the planning. His main adviser at lead underwriter Morgan Stanley assured him there was plenty of demand, they said. Facebook shares slid sharply for a second straight day as analysts for at least two of Facebook's lead underwriters revised their financial forecasts for the company while it was holding IPO roadshow meetings. David Benoit has details on The News Hub. Photo: Reuters. That decision by the 41-year-old Facebook executive may have doomed any real chance the social-networking company had that its ... Continue reading →
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Illustration by Nick Bilton/The New York TimesThe best way to compare Twitter and Facebook is to look at the old children’s story The Tortoise and the Hare.For those that don’t remember curling up in bed as a child, listening to an adult narrate it, this is the old fable of an arrogant hare who loses a race to a slow tortoise. The tortoise beat the hare because it followed the mantra, slow and steady will always win the race.In the world of social networks, Facebook looks like the swift and cunning hare; Twitter a leisurely and careful tortoise. This race is not judged by speed, but a stopwatch with a much longer lifespan, one that is tied to trust.To run so quickly, Facebook exploded because ... Continue reading →
