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Wednesday, November 4, 2009

Sphere Leader Has Exited AOL–But Staying on as “Special” Venture Advisor

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Tony Conrad, CEO and co-founder of Sphere–the contextually relevant content engine AOL bought in the spring of 2008 for upward of $25 million–left the Time Warner online unit last month, several sources have told BoomTown in recent weeks.

But, in an effort by AOL’s CEO Tim Armstrong to hold onto entrepreneurial talent, Conrad has agreed to become “Special Advisor” to its AOL Ventures Unit.

Apparently, he is also mulling a new start-up and remains a VC too.

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Tuesday, November 3, 2009

Silicon Valley Entrepreneur (and Google Exec) Joe Kraus Moves to Google Ventures

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Joe Kraus–the longtime Silicon Valley entrepreneur who sold his most recent start-up, JotSpot, to Google in 2006 and has been a director of product management since–has moved to its Google Ventures unit as a partner, said several sources.

Sources added that Kraus is likely to be the first of several well-known appointments at the relatively new venture arm of the search giant.

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Thursday, October 15, 2009

Volpi and Index Smack Back at Skype Founders With Motion to Dismiss (Plus Filings!)

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The legal high jinks in the contentious battle over the fate of Skype got worse this afternoon, as former Joost CEO Michelangelo Volpi and Index Ventures filed a motion to dismiss a lawsuit brought by the founders of Skype–Niklas Zennström and Janus Friis, via Joost and Joltid–against them.

It’s yet another chess move among a group of well-known tech players, who used to work together closely and are now at odds.

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Monday, October 5, 2009

New Yorker: Bezos’ Initial Google Investment Was $250K in 1998 Because “I Just Fell in Love With Larry and Sergey”

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Considering the ongoing skirmishes going on right now between Amazon and Google over digital book publishing, it’s more than ironic that Amazon CEO and founder Jeff Bezos was one of only a few initial investors in the search giant.

But–in one of the many interesting details in New Yorker author Ken Auletta’s new book, “Googled: The End Of The World As We Know It”–it was indeed Bezos who invested $250,000 in the start-up in 1998 at four cents a share.

Not that there’s anything wrong with that!

There’s a great excerpt in the New Yorker this week.

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Tuesday, September 22, 2009

Is Spotify Spot On? Co-Founder Daniel Ek Talks About the Hot Online Music Start-Up!

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There’s no question that Spotify is the latest hot start-up of the moment, which would be super annoying to BoomTown–who is easily irked by never-ending froth around Web 2.0 companies–if co-founder Daniel Ek were not so sharp and the digital-music-on-demand service he created not so nifty.

But, indeed, Ek turned out to be a very refreshing and level-headed serial entrepreneur in an interview I had with him yesterday in London.

Here’s the video.

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Friday, September 18, 2009

Parsing the Legal Tantrums of Zennström and Friis

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Is it just me or is it completely ironic that a pair of European entrepreneurs kept out of the United States due to tantrum lawsuits from the music industry are stamping their own legal feet like two ill-tempered toddlers of late?

That would be Niklas Zennström and Janus Friis, who today filed yet another lawsuit in their seemingly never-ending quest to win in court what they couldn’t in business dealmaking.

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Loïc Le Meur Speaks About New (and Improved?) Seesmic!

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When BoomTown went to visit serial entrepreneur Loïc Le Meur early last year at his San Francisco HQ, he was stoked about the prospects of his “video conversation” community start-up.

Fast-forward to today and the entire business plan of Seesmic has been upended, with the video part pretty much junked. Now Le Meur is focused almost entirely on his social media desktop client, as well as Web and mobile versions, which began as a dashboard for Twitter.

If at first you don’t succeed, dump and change again–the motto of Silicon Valley!

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Friday, September 4, 2009

BoomTown Talks About the iPhone Apps Economy on the News Hour (Plus Some Future Stuff Blather)

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Last night, “The News Hour With Jim Lehrer” aired a piece on “how technology companies are innovating amid the recession by designing popular new smart phone applications.”

BoomTown was to talk about how perhaps not all of the 65,000 apps being created by legions of third-party developers for the Apple iPhone will result in gold, diamonds and unicorns raining down on entrepreneurs.

Oddly enough, I somehow went all Jules Verne at the end and started talking about screens on coffee tables, so I am obviously just as bad.

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Tuesday, September 1, 2009

Serial Entrepreneur Al Warms Debuts Appolicious, Hoping iPhone Apps Fans Will Find It Delicious

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Longtime Internet entrepreneur Al Warms paid a visit to BoomTown HQ today to show off a new company he has founded called Appolicious.

That is the unusual name Warms–who sold his Participate Media, along with its BuzzTracker content aggregator, to Yahoo in late 2007–has given to a start-up aimed at encouraging discovery and social networking in the Apple iPhone mobile apps market.

The site is kind of a combination of Twitter, Facebook and Yahoo, but devoted solely to organizing and making sense of the app galaxy in the universe of smart phones.

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Monday, August 17, 2009

Sale of iLike to MySpace–$13.5 Million in Cash, $6 Million for Talent Retention–Delayed Over Tax Issues (Really!)…Plus, the List of Other Suitors!

The board of iLike planned a meeting earlier tonight to go over a buyout offer by MySpace, several sources close to the situation said. But it was suddenly canceled because of some thorny tax implications related to the talent-retention part of the deal to purchase the social music start-up.

This does not mean the pending acquisition is in jeopardy, sources said, and it could be on track to be signed as early as today, barring any more complications.

What’s also been unclear is the actual price the social networking giant is paying for iLike, which has been reported as about $20 million. In fact, only $13.5 million will be paid in cash, with $6 million slated for forward payments to retain key talent.

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SurveyMonkey’s Dave Goldberg Speaks! (Plus a Tour of His New Planet of the Apes Lair in Silicon Valley)

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BoomTown was as surprised as anyone when longtime Silicon Valley Web music entrepreneur Dave Goldberg said in May that his next move was going to be investing in and running an online survey company with the unusual name of SurveyMonkey.

Most expected the former Yahoo music head to land at an entertainment or media giant, running its digital operations.

But it is at SurveyMonkey where Goldberg has swung himself and he has now made good on his promise to open a Silicon Valley office of the Portland-based start-up.

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Monday, July 27, 2009

Mamas, Don’t Let Your Babies Grow Up to Be Internet Cowboys

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BoomTown is clearly losing a step in the summer doldrums and forgot to post this lovely movie that I did while in Jackson Hole, Wyo., last weekend for an event called the “Internet Cowboys Un-Conference.”

What’s an un-conference? Well, it was less organized, there were fly-fishing and elk nearby and it involved a whole lot of thinking big thoughts in the much bigger outdoors.

It was actually a very bracing time and here is a video I did interviewing some of the participants.

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Tuesday, July 21, 2009

Ning Raises $15 Million More at a–Yes, Really–$750 Million Valuation

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In a quiet fund-raising effort, Ning has raised $15 million more, a round that is valuing the social networking start-up at an eye-popping $750 million.

The money for this fifth Series E round comes from Silicon Valley’s Lightspeed Venture Partners.

The Palo Alto, Calif.-based Ning, founded by well-known entrepreneur and Ning Chairman Marc Andreessen and CEO Gina Bianchini, confirmed the funding when contacted by BoomTown. It was not actively searching for funding.

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Thursday, July 16, 2009

Do That Thing You Do: After Cuts, Both Yahoo and MySpace Need a Little Something

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A few weeks ago, when I was having breakfast with legendary Silicon Valley entrepreneur Marc Andreessen about his new venture fund, he talked about what he thought was critical to being successful as an Internet company.

Ticking off names, from Apple CEO Steve Jobs to Facebook CEO Mark Zuckerberg, Andreessen said he always favored technical entrepreneurs for one key reason: “You need someone who lives and breathes product.”

It’s a refrain I have heard a lot recently from a wide range of people in the sector, most especially when talking about two of the more challenging renovations of key Internet brands going on of late.

That would be: Yahoo and MySpace.

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Tuesday, July 14, 2009

Amazon Buys Netflix? Microsoft Is a Much Better Guess as a Potential Acquirer.

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Yesterday, shares of Netflix got their semiregular rocket boost–with its stock up more than five percent to close at just over $42–from rumors that Amazon was interested in acquiring Netflix.

Oh, it’s a seemingly dreamy match–the top online retailer snapping up the upstart U.S. mail-order DVD movie and television show service.

But there are some serious issues in an Amazon-Netflix marriage, so those interested in seeing the independent company in the embrace of a larger one might want to consider a more suitable and very interested candidate: Microsoft.

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About Kara

Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference.

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Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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