Silicon valley
In Potentially Risky Strategy, U.S. Startups Pile on Debt
published Dec 20th 2016, 5:12 pm, by Lizette Chapman (Bloomberg) —Persado Chief Executive Officer Alex Vratskides could raise venture funding. He’s just not sure he wants to. His New York-based startup doubled annual revenue this year and is on track to break even in 2017. Valued at about $200 million
The Cheapest Cities to Base Your Tech Startup
published Oct 27th 2016, 11:55 am, by Rebecca Greenfield (Bloomberg) — It’s no secret that the San Francisco Bay area has gotten too expensive for tech workers, but costs have also been skyrocketing for their companies, making other U.S. locales more appealing for industry offices and headquarters. Combining wages and
Bloomberg Business: Why Silicon Valley Has a Big Crush on Wall Street: Katie Benner
©2015 Bloomberg View NLQR4Z6JTSE9 (Bloomberg View) — Some Wall Street stars are decamping for Silicon Valley, corralled by tech giants and tech start-ups looking for financial expertise, marquee talent and bragging rights. Morgan Stanley announced Tuesday that Ruth Porat, its chief financial officer and a 28-year veteran of the firm,
Bloomberg Business: Apple-Google $415 Million No-Poaching Accord Wins Approval
Copyright 2015 Bloomberg. NKM31I6JIJVH (Bloomberg) — Apple Inc. and Google Inc. won preliminary court approval of a $415 million antitrust settlement that would end a four-year battle over claims that they and other companies conspired to avoid hiring from each other. The ruling brings to a quiet end a case
Bloomberg Business: Three of Tech’s Top CEOs to Skip Obama Cybersecurity Summit
Copyright 2015 Bloomberg. NJMWYN6K50XX (Bloomberg) — The top executives of Google Inc., Yahoo! Inc. and Facebook Inc. won’t attend President Barack Obama’s cybersecurity summit on Friday, at a time when relations between the White House and Silicon Valley have frayed over privacy issues. Facebook Chairman and Chief Executive Officer Mark Zuckerberg,
