In the Shadow of Big Brother …

“Google has the world’s most popular mobile operating system. The world’s most popular search engine. One of the world’s most popular social networks, in Google+. The biggest ad exchange in the world. And, yes, the world’s most popular browser. Imagine, for instance, if Google introduced an Ad ID, a la Apple’s solution, for every Android device. And then included it in Chrome. And then extended it to the searches, and Google+ social networking”.

… fighting to control the future of the Internet
. By John Koetsier, VentureBeat.

… San Francisco locals disturbed as Google, Facebook, Apple and eBay professionals move in

In 2011, according to the US Census, the median income for a man aged 25-34 was $32,581 (£20,368). The average Silicon Valley salary was a little under $100,000. The [Silicon Valley] Bay Area’s tech industry boasts 50 or more billionaires and many thousands of millionaires. Yet homelessness in the region has risen by 20 per cent in two years. This month, Twitter announced its imminent flotation on the stock market, which means there may soon be several hundred more tech millionaires in San Francisco… The median monthly rent on a one-bedroom flat in the Mission is now $2,850. Between 2011 and 2012, San Francisco rents went up faster than in any other US city.

By Tim Walker, The Independent. 27 September 2013

Silicon Valley’s Culture: insider slang

Learn by the examples: what does it mean “disrupt ?

Spend ten minutes talking to, listening to, or reading about anyone in the startup community, and you’ll almost inevitably hear the word “disrupt” in one of its many forms.

    They’re going to disrupt the industry.
    The company is disruptive.
    It’s a classic disruptor.

The startup and tech worlds have taken a perfectly useful word and turned it into something devoid of meaning — a cliche thrown around by would-be insiders.
by Max Nisen. Business Insider, Sep. 28, 2013

Larry about Larry: Google CEO did “evil” things …

(CBS News) Larry Ellison, America’s third richest man and the CEO of tech giant Oracle, took aim at Google in a wide-ranging interview with Charlie Rose, calling out Google CEO Larry Page “specifically” for overseeing Google’s decision to “take our [Oracle’s] stuff” …

Larry about Larry

Ellison clarified that Page — who is known for his personal slogan, “Don’t Be Evil” — “slipped up this one time” and said it was it was his actions, not necessarily Page himself, that were evil.

See also:

Eric Schmidt thought ‘Don’t Be Evil’ was ‘the stupidest rule ever’ when he joined Google

The idea was that we don’t quite know what evil is, but if we have a rule that says don’t be evil, then employees can say, I think that’s evil,” Schmidt said. “Now, when I showed up, I thought this was the stupidest rule ever, …”

Google vs. Evil

Evil,” says Google CEO Eric Schmidt, “is what Sergey says is evil.”

Google’s ‘Don’t Be Evil’ Mantra Is ‘Bullshit’
~ Steve Jobs

What is the average age of the high tech employees?

The NY Times provides some insights:

    According to the Bureau of Labor Statistics, the overall median age of American workers is 42.3 years old. The company with the oldest workers on the PayScale list, Hewlett – Packard, came in at 41 years… I.B.M. Global Services (38 years old), Oracle (38) …

    The … companies with the youngest workers, ranked from youngest to highest in median age, were Epic Games (26); Facebook (28); Zynga (28); Google (29)…

Source: Technology Workers Are Young (Really Young) By QUENTIN HARDY. NY Times

Corporate venture capital (CVC) dollars exceeded its pre-crisis value.

Recent Quarters Total CVC Investment $M Calculated Percentage of Dollars Coming from CVCs
Q1 2007 828.9 11.2%
Q2 2007 734.9 9.4%
Q3 2007 530.0 6.5%
Q4 2007 582.3 6.9%
Q1 2008 730.6 9.0%
Q2 2008 666.2 8.3%
Q3 2008 830.4 10.9%
Q4 2008 507.9 8.2%
Q1 2009 223.3 5.8%
Q2 2009 358.7 7.0%
Q3 2009 295.6 5.5%
Q4 2009 462.6 7.8%
Q1 2010 371.5 7.4%
Q2 2010 665.1 9.3%
Q3 2010 441.3 8.1%
Q4 2010 437.2 7.7%
Q1 2011 461.0 7.0%
Q2 2011 742.2 9.1%
Q3 2011 553.8 7.4%
Q4 2011 532.8 7.2%
Q1 2012 514.3 8.2%
Q2 2012 572.3 7.8%
Q3 2012 686.2 10.3%
Q4 2012 494.1 7.4%
1Q 2013 473.1 7.9%
2Q 2013 909.2 13.5%

Data source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree™ Report, Thomson Reuters

What’s all about – Corporate Venture Capital (CVC) ?

CVC as a subset a venture capital (VC) whereby a company is investing directly – without using a third party investment firm – in an external start-up, that it does not own.

Top Startup Incubators And Accelerators …

Rank Incubator/
City Note
1 Y Combinator Mountain View, Calif. Dropbox and Airbnb are just the biggest names in portfolio.
Investors fight to invest in YC companies at sky-high prices.
Founded in 2005.
2 TechStars Boulder, Boston, New York, Seattle, San Antonio Founded in 2007, it has grown to five cities, but keeps batches
small to give each startup extra attention. Has broader impact by
helping other incubators.
3 DreamIt
Philadelphia, New York,

Founded in 2008, it has programs in Philadelphia, New York and
Israel, with 65 portfolio companies, including SCVNGR/Level Up.
4 AngelPad San Francisco Founded by seven ex-Googlers in 2010; hot portfolio, but too early
to value many of the companies.
5 Launchpad LA Los Angeles Founded in 2009, 23 companies have gone through program, 19 have
been funded, 5 acquired.

Source: Top Startup Incubators And Accelerators: Y Combinator Tops With $7.8 Billion In Value By Ryan Mac, Forbes.

The Bay Area job …

The Bay Area job market boomed in August, adding 12,700 jobs for its best one-month performance since October 2012, state labor officials reported Friday.

Santa Clara County did even better, adding 8,500 jobs, the best one-month performance for the county in more than 13 years. Those gains accounted for two-thirds of the jobs added in the Bay Area and more than one-fourth of the jobs gained in California last month, this newspaper’s analysis of data from the Employment Development Department shows.

“Silicon Valley labor market has best month in 13 years” By George Avalos. Oakland Tribune 09/20/2013