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The Party Is Over at Zenefits
 The Party Is Over at Zenefits 
Feb 28, 2016 12:43 PM CST

The Party Is Over at Zenefits

'Institutionalized cheating' finally caught up to software firm

(Newser) - Just two years ago, Zenefits was heralded as one of the fastest-growing software startups ever. Earlier this month, "institutionalized cheating" finally caught up to the San Francisco-based firm that has raised more than $500 million at a $4.5 billion valuation, and hard-partying co-founder and CEO Parker Conrad, 35,...

Tech Investor Found Dead in High-End Condo

Jay Greenwald was only 51

(Newser) - A highly regarded tech investor was found dead in his New York condo Saturday after apparently overdosing on drugs, the New York Daily News reports. Jay Greenwald, 51, was reportedly fully clothed and face-down on his bed near empty pill bottles when a housekeeper discovered him and a female companion....

Tech's 'Unluckiest Guy' Loses Big in Startup Sale

Chris Hill-Scott traded SwiftKey share for a bike in 2008

(Newser) - Somewhere out there, there's a bicycle that was traded for what turned out to be a multi-million dollar stake in a tech startup. The crazy tale involves the company SwiftKey and one of its founders, Chris Hill-Scott. Before the Swiftkey app tallied 300 million downloads and became a favorite...

Startup Bets Up to $10K Your Marriage Will Tank

SwanLuv will pay for wedding—but you pay it back, with interest, if marriage fails

(Newser) - Looking for someone to pay for your nuptials? If you're certain your marriage will last for eternity (or at least until that death clause kicks in), a Seattle startup has some cash for you. SwanLuv will be open for business by February, and it will give eligible couples up...

Guy Creates App Called 'Magic,' and Things Get Nuts

Within 3 days, 18K requests had come in

(Newser) - Up until last week, Mike Chen was working on a blood pressure tracking app called Bettir. Then, four days ago, he took 20 minutes to put together a side project he'd been thinking about called Magic , and to say it's overshadowed Bettir would be an understatement. The idea:...

There's a Facebook 'Founder' You've Never Heard Of

Andrew McCollum was part of the site's first team at Harvard

(Newser) - You know Mark Zuckerberg, and if you've seen The Social Network, you're familiar with Eduardo Saverin. Then there's Dustin Moskovitz, as well as Chris Hughes, owner of the New Republic . But the fifth figure in the birth of Facebook isn't listed on its founders page , even...

New Yorker's Pop Critic Leaves for Lyrics Startup

Sasha Frere-Jones joins annotating site Genius

(Newser) - After 11 years at the New Yorker, the magazine's pop music critic is departing to join a startup. Sasha Frere-Jones' new job is as executive editor for Genius , a startup that annotates lyrics and other material online, the New York Times reports; he will focus on annotating lyrics. Genius,...

Suit: App Makers Ditched Partner— at Parents' Request

Former fraternity brothers wrangle over Yik Yak

(Newser) - A year ago, three fraternity brothers released a social app called Yik Yak, which has gone on to nab some $85 million in venture capital. But one of the Furman University guys, Douglas Warstler, isn't seeing that money after the other two pushed him out, according to a lawsuit....

Why It Sucks to Work at a Tech Startup
 Why It Sucks to Work 
 at a Tech Startup 
OPINION
Oct 8, 2014 1:59 PM CDT

Why It Sucks to Work at a Tech Startup

Anonymous employees talk to Lily Hay Newman

(Newser) - Turns out working for a tech startup isn't all hanging out with your cool friends and being handed wads of venture capital cash while enjoying all the perks of your awesome office. Lily Hay Newman spoke to anonymous startup workers and presents a list of what she found to...

After 7 Years, Startup Reveals $199 Cup

 After 7 Years, Startup 
 Reveals $199 Cup 
in case you missed it
Jun 15, 2014 8:57 AM CDT

After 7 Years, Startup Reveals $199 Cup

Vessyl can tell you exactly what you're drinking

(Newser) - It took seven years for startup Mark One to finally make its big product reveal: the $199 Vessyl—a cup. But as Valleywag notes, it's not so much a cup as "a 13-ounce, Bluetooth-enabled, smartphone-syncing, battery-powered supercup." It works like this: Fill the Vessyl, which looks something...

Venture Capitalist Offers Startups ... $37

And competition is fierce, to prove a point

(Newser) - A hot new startup fund is drawing dozens of applications from would-be companies hoping to be the next big thing, reports Wired . And what will the six winning applicants get from the Pinboard Investment Co-Prosperity Fund? All of $37. The idea by former Yahoo engineer Maciej Ceglowski is no joke....

Kickstarter Campaigns: How Many Actually Succeed?

Nearly half fail: new infographic

(Newser) - Kickstarter is set up to help dreamers in need of dollars (and, of course, it also helps James Franco sell invisible art )—but how many campaigns actually succeed? A new AppsBlogger.com infographic spotted by Mashable reveals that around 41% of Kickstarter campaigns fail. The infographic takes into account...

Facebook Exec Leaving for Startup

Tech chief Bret Taylor departing this summer

(Newser) - A top exec is bolting from Facebook so he can work on his own startup. Chief technology officer Bret Taylor, who supervised platform and mobile products, will leave this summer, reports AllThingsD . His leaving could prove worrisome as a reflection of Facebook's inability to retain strong leadership, especially in...

Billionaire Facebook Co-Founder Shuns Luxury

Dustin Moskovitz has a new startup

(Newser) - Facebook co-founder and former Mark Zuckerberg roommate Dustin Moskovitz is by many accounts the world's youngest self-made billionaire. But the 27-year-old isn't sipping champagne in the Caribbean. Instead he's thrown himself back into San Francisco's startup mix, even as Facebook's looming IPO seems likely to...

Bill Clinton's 14 Ways to Create Jobs

Clinton prepares for Global Initiative meeting—on fixing America

(Newser) - If unemployment seems like an insurmountable problem, never fear: Bill Clinton is here, and he has solutions—14 of them, which he’ll bring next week to the first US-focused meeting of the Clinton Global Initiative. Among the highlights of his jobs blueprint, as shared with Newsweek :
  • Make it easier
...

7 Startup Ideas That've Been Beaten to Death

Sick of Groupon knockoffs yet?

(Newser) - Sure, maybe the little kid down the block just happened to think of setting up a, um, limeade stand right after you started hawking lemonade, but in the real-life world of startups the consequences are somewhat more serious—and annoying. Business Insider runs down the seven moldiest startup trends out...

Facebook Elite Drift Toward New Startups

And most leave rich, thanks to liquid shares

(Newser) - Though Facebook is only six years old, some early employees are leaving to start their own businesses. Co-founder Dustin Moskovitz created collaboration software Asana, co-founder Chris Hughes started social networking site Jumo; among other employees, there are a question and answer site, a social gaming company, and more—at least...

Upstarts Milk Facebook Privacy Rage
Upstarts Milk Facebook Privacy Rage
May 24, 2010 9:20 AM CDT

Upstarts Milk Facebook Privacy Rage

It's a great time to run a tiny social networking startup

(Newser) - Facebook may stride like a Goliath over the social networking marketplace, but there's a bunch of Davids readying their slingshots, hoping that the behemoth's latest privacy controversy has left users ready to jump ship. “A year ago, nobody was interested in my project,” the developer of Appleseed, an...

'Bloom Box' Could Soon Power Your Home

Miracle power cells already installed at Wal-Mart, Google, eBay

(Newser) - Two boxes the size of your fist could soon power your entire house—at least according to Silicon Valley startup Bloom Energy. After 8 years toiling in secret, the well-funded firm is suddenly on a media blitz to show off its creation. The “Bloom Box” is a self-contained, silent,...

No Wedding Gifts, Please; Just Fund My Startup

(Newser) - A Silicon Valley couple has forsaken a traditional wedding registry for venture capital, Gawker reports. “The World's First Start-up Wedding Registry” doesn’t ask guests for appliances or candlesticks; instead, they can give enough to “feed an outsourced engineer for a day” or pay a month’s worth...

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