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April 27, 2012
14:41 • 1 year ago
To be clear: If you don’t wring every last dollar from a company, people criticize you. (via BO.LT)

To be clear: If you don’t wring every last dollar from a company, people criticize you. (via BO.LT)

April 25, 2012
20:37 • 1 year ago

  • $1 million the amount the venture capital firm plans to donate today
  • 50% of all future profits after that will go directly to charity (wow) source

» Portfolio includes Facebook, Skype, Instagram, Zynga: Netscape co-founder Marc Andreessen’s Andreessen Horowitz, which in just three years has become one of Silicon Valley’s best-known venture capital firms, plans to take some of its expected future profits and put them to the good of the world at large. While the firm isn’t at the point where it has massive profits yet, considering it’s had at least two major buyouts already — Skype to Microsoft and Instagram to Facebook — their track record is looking solid and the end result of the firm’s work could mean tens of millions going to charity, at least. The six partners don’t have a set timetable or preferred non-profits in mind, but we suggest the one that made this video as a starting point.

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February 9, 2011
21:56 • 2 years ago

  • valuation A December financing round put Twitter’s valuation around $3.75 billion – not peanuts in any sense but not anywhere near Facebook’s valuation. Back in February 2009, they were worth just $250 million.
  • offers? The Wall Street Journal is reporting that Google and Facebook have both eyed taking over Twitter – with offers ranging in the $8 billion to $10 billion range – but talks have gone nowhere so far. source

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