WSJ tech editor in San Francisco helping lead startup coverage. Co-creator of The Billion Dollar Startup Club: http://wsj.com/billion-dollar-club Hook 'em!

Yahoo Writes Down Tumblr’s Value by $230 Million

blogs.wsj.com — Marissa Mayer's biggest acquisition as Yahoo Inc. chief executive is looking more and more like one of her biggest mistakes. Buried in Yahoo's fourth-quarter earnings press release Tuesday was this nugget: The company is taking a $4.5 billion charge after revaluing certain assets, including the blogging site Tumblr.
Feb 02, 2016

Marissa Mayer’s biggest acquisition at Yahoo is looking more like one of her biggest mistakes. by @scottmaustin on.wsj.com/1P4G9Jh

Feb 02, 2016

"Marissa Mayer’s biggest acquisition is looking more and more like one of her biggest mistakes" on.wsj.com/1P4G9Jh by @ScottMAustin

Feb 03, 2016

RT @ychernova: Yahoo writes down Tumblr’s value by $230 Million. It missed the goal of generating $100M in revenue last year. on.wsj.com/1P4G9Jh

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Square Pays $93 Million Penalty to Some Investors in IPO

blogs.wsj.com — Square Inc. will have to give some investors additional shares valued at $93 million after its initial public offering priced well below a promised threshold. The payments company's IPO priced at $9, below an expected range of $11 to $13 and well under the $15.46 that investors including Rizvi Traverse and J.P.
Nov 18, 2015

Square Pays $93 Million Penalty to Some Investors in IPO murph.me/1X9aoAf @wsj

Nov 19, 2015

Great explanation of "ratchets": Square Pays $93 Million Penalty to Some Investors in IPO wsj.com/articles/BL-DG…

Nov 19, 2015

RT @fmanjoo: Great explanation of "ratchets": Square Pays $93 Million Penalty to Some Investors in IPO wsj.com/articles/BL-DG…

Nov 19, 2015

RT @fmanjoo: Great explanation of "ratchets": Square Pays $93 Million Penalty to Some Investors in IPO wsj.com/articles/BL-DG…

Nov 19, 2015

RT @lazerow: Square IPO shows there's much more to a round than the headline number. wsj.com/articles/BL-DG… pic.twitter.com/LSGROceQ0b

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Stanford, Michael Bloomberg Now Back Every Y Combinator Startup

blogs.wsj.com — When startup incubator Y Combinator changed the terms of its seed funding last year, it quietly added two prominent investors as de-facto backers of every company in the program. Stanford University's endowment fund and Willett Advisors LLC, the fund managing Michael Bloomberg's investments, now invest a combined $100,000 in every startup to go through YC, according to people familiar with the matter.
Oct 15, 2015

Stanford, Michael Bloomberg Now Back Every Y Combinator Startup murph.me/1LnpgFt @wsj

Oct 15, 2015

Psst: Michael Bloomberg and Stanford University have invested $100,000 in every Y Combinator startup since last year on.wsj.com/1G8py6F

Oct 15, 2015

RT @dmac1: Psst: Michael Bloomberg and Stanford University have invested $100,000 in every Y Combinator startup since last year on.wsj.com/1G8py6F

Oct 15, 2015

RT @jasonlk: The fact that you could invest in EVERY YC company and do 3x pretty much says it all. blogs.wsj.com/venturecapital… pic.twitter.com/E6XI4gmtBT

Oct 15, 2015

Stanford and Michael Bloomberg have quietly invested $100K in every YC startup since last year, @dmac1 reports on.wsj.com/1G8py6F

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Twitter’s Anthony Noto Had Top Pay of $73 Million Last Year

wsj.com — Anthony Noto, the former banker who left his lucrative career at Goldman Sachs Group Inc. to become financial chief at Twitter Inc., was the top earner at the social media company last year. Mr. Noto had compensation of $72.8 million in 2014, including stock awards valued at $63.1 million and options of $9.5 million, according to Twitter's annual proxy statement filed Monday.

Twitter’s Anthony Noto had top pay of $73 million last year

marketwatch.com — Anthony Noto, the former banker who left his lucrative career at Goldman Sachs Group Inc. to become financial chief at Twitter Inc. , was the top earner at the social media company last year. Noto had compensation of $72.8 million in 2014, including stock awards valued at $63.1 million and options of $9.5 million, according to Twitter's annual proxy statement filed Monday.

Credits Roll On Would-Be ‘Thunder Lizard’ B-Side Entertainment

blogs.wsj.com — Angel investor Mike Maples, Jr., is drawing a lot of attention in the tech blogosphere after his speech last week in which he descriptively labeled certain start-ups as "Thunder Lizards" (think Godzilla). In Maples' eyes, these are companies that devour competitors and are "wildly disruptive" yet don't need to raise a ton of capital.

Kleiner Perkins Invests In Facebook At $52 Billion Valuation

blogs.wsj.com — Kleiner Perkins Caufield & Byers and Facebook are together at last. VentureWire reports today that Kleiner is taking a small stake in Facebook by buying as much as $38 million of stock from other shareholders at a valuation of $52 billion - a bit higher than the $50 billion price tag that Goldman Sachs and DST Global set when they recently invested $1.5 billion.

Doerr and Moritz Stir VCs in One-On-One Showdown

wsj.com — By Scott Austin From Dow Jones VentureWire About 500 venture capitalists packed a hotel ballroom Wednesday to witness a rare interview between two of their most successful colleagues, John Doerr and Mike Moritz.
Mar 04, 2015

This came up in court - Doerr's comment from '08 that the best founders are white, male nerds with no social life. wsj.com/articles/SB121…

Mar 04, 2015

RT @ScottMAustin: This came up in court - Doerr's comment from '08 that the best founders are white, male nerds with no social life. wsj.com/articles/SB121…

Mar 04, 2015

RT @ScottMAustin: This came up in court - Doerr's comment from '08 that the best founders are white, male nerds with no social life. wsj.com/articles/SB121…

Uber Breach Exposes 50,000 Driver Names and License Numbers

blogs.wsj.com — The names and drivers-license numbers of about 50,000 Uber drivers were taken in a computer-security breach last year, the company said Friday. The car-hailing service said it discovered the breach of an Uber database in September, determining it occurred in May, and immediately restricted access to the database.
Feb 27, 2015

Uber Breach Exposes 50,000 Driver Names and License Numbers murph.me/1N0cMHm @wsj

Feb 27, 2015

Uber waited 5 months to notify 50,000 drivers of data breach affecting names and license numbers on.wsj.com/1EUFzat via @dmac1 et al

Feb 27, 2015

Uber took 5 months to report this data breach State laws FL: 30 days WI: 45 days CA: "most expedient time possible" on.wsj.com/1EUFzat

Feb 27, 2015

RT @dmac1: Uber took 5 months to report this data breach State laws FL: 30 days WI: 45 days CA: "most expedient time possible" on.wsj.com/1EUFzat

Feb 27, 2015

RT @dmac1: Uber took 5 months to report this data breach State laws FL: 30 days WI: 45 days CA: "most expedient time possible" on.wsj.com/1EUFzat

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Meet the Hottest Tech Startups

wsj.com — A billion dollars never seemed so ordinary in startup land. For the past year, The Wall Street Journal and research firm Dow Jones VentureSource have actively tracked private companies valued at $1 billion or more by venture-capital firms through a newly relaunched interactive project called The Billion Dollar Startup Club.
Feb 18, 2015

RT @WSJD: A billion dollars never seemed so ordinary in startup land. 73 VC-backed startups are valued at $1B on.wsj.com/1DsWbc8 by @ScottMAustin

Feb 18, 2015

Meet the hottest tech startups: on.wsj.com/1DsWbc8 via @ScottMAustin @WSJ Also, $10B ideas you've never heard of: on.wsj.com/1ETxNgK

Feb 18, 2015

Nearly one company per week on average joined the Billion Dollar Startup Club last year. on.wsj.com/1DsWbc8

Show 24 more tweets from Scott Thurm, Newley Purnell and others...
More Articles →
Feb 05, 2016

Amazon is following the playbook of smaller Internet retailers with storefronts wsj.com/articles/amazo… by @GregBensinger @SuzanneKapner

Feb 04, 2016

RT @raju: JOB: @Theranos wants a writer with "solid journalism" cred to "solve problems" via "power of excellent storytelling" bit.ly/1Qf4edW

Feb 04, 2016

RT @mcarney: "Uber should be public....When you take money from me you have an obligation to get me f'ing my money back." ~@fredwilson #upfrontsummit

Feb 04, 2016

RT @nanea: "Travis at Uber is wimping out by not going public." - Fred Wilson #UpfrontSummit


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