Sections SEARCH Skip to content Skip to site index Style Log In Log In Today’s Paper Style | Want to Do Business in Silicon Valley? Better Act Nice Advertisement Supported by What happened when a venture capitalist told the truth about a Mark Zuckerberg-backed start-up. ByNellie Bowles Sept. 10, 2019, 5:00 a.m. ET The first rule of Silicon Valley venture capital is never insult a start-up. Founders are always killing it, disrupting the world or just plain 🙌🙌🙌. If a start-up is fizzling, shuttering or caught scamming? The socially acceptable response is total silence. Everyone knows that. Except Jason Palmer. The start-up in question was AltSchool, a Mark Zuckerberg-backed project to turn school into a start-up experience. It had just announced it was pivoting out of existence after raising $174 million. Mr. Palmer is in this field: He is a venture capitalist in Washington, … [Read more...] about Want to Do Business in Silicon Valley? Better Act Nice
Startup in silicon valley
Tanza Loudenback, provided by Published 3:39 pm CDT, Wednesday, April 17, 2019 Christian Vierig/Getty Contributor Financial experts toldMercury News that some families need up to a $10 million net worth to be financially comfortable living in Silicon Valley. Bay Area residents themselves say it takes a $4.2 million net worth to be wealthy, according to a 2017 Charles Schwab survey. Visit BusinessInsider.com for more stories. In a place as expensive to live as Silicon Valley, it's harder than ever to tell who's truly wealthy. Bay Area residents themselves say it takes a $4.2 million net worth, on average, to feel wealthy and $1.1 million to be "financially comfortable," according to a 2017 Charles Schwab survey. Some financial experts peg those figures even higher. Mercury News that a family may need an annual income of up to $1 million — so, a much larger net worth — if their financial priorities include sending their kids to a top school, living in a … [Read more...] about An investment advisor says $10 million can buy a comfortable life in Silicon Valley, but nothing ‘lavish’
Rosalie Chan, provided by Published 8:00 am CDT, Saturday, March 30, 2019 Moises Dobarganes Lambda School is an online coding school that has no upfront tuition, but takes a cut of students' salaries for the first two years when they find a job. Lambda School started as a Y Combinator startup, and CEO and co-founder Austen Allred wanted it to be free and online to give students more access, especially in rural areas. It introduced a living stipend to help students cover the cost of living and a free summer program for women sponsored by Y Combinator cofounder Jessica Livingston. After a hurricane hit Miami two years ago, Moises Dobarganes, 35, lost his job. He wanted to go back to school, but things weren't looking good for him. He knew software engineering was in high demand, so he looked into coding bootcamps and various universities and colleges in Florida, but he couldn't afford it. "They needed me to pay tuition. I didn't have any money. I was pretty much shot … [Read more...] about This online coding school started in Silicon Valley’s hottest startup incubator is completely free for students until they find a job
By George Avalos | [email protected] | Bay Area News Group PUBLISHED: March 27, 2019 at 9:35 am | UPDATED: March 27, 2019 at 10:04 am SAN JOSE — The Avenues, a for-profit private school with students from upper-crust families, is planning a Silicon Valley campus with its purchase of a big office building in San Jose for a new learning center New York City-based Avenues The World School, acting through an affiliate, paid $27.1 million cash for the 77,000-square-foot office building near the corner of Meridian and Parkmoor avenues, according records filed with Santa Clara County. The private school intends to open Avenues Silicon Valley, which would educate children aged two through 18. “We are excited about the recent progress toward making Avenues Silicon Valley a reality,” said Tara Powers, a spokeswoman for Avenues The World School. The school’s first campus opened in 2012 in Manhattan’s Chelsea neighborhood. The Avenues website also lists … [Read more...] about Top-tier New York private school opening San Jose campus — will $56K East Coast tuition fly in Silicon Valley?
It’s a bright September morning in San Carlos, California, and Masayoshi Son, chairman of SoftBank, is throwing me off schedule. I’d come, as he had, to meet with the people he’s tapped to run the Vision Fund, his $100 billion bet on the future of, well, everything. After almost four decades of building SoftBank into a telecom conglomerate, Son, an inveterate dealmaker, launched this unprecedented venture two years ago to back startups that he believes are driving a new wave of digital upheaval. He has staked everything on its success–his company, his reputation, his fortune. We’d both arrived with the same basic question: Where is this massive vehicle heading? But because I wasn’t the one footing the 12-figure allowance, I understood that I’d be the one to wait. In the hubbub of Son’s visit, my 9 a.m. meeting gets rescheduled multiple times until it’s set for 4:30 p.m. When I finally arrive at the Vision Fund’s offices, … [Read more...] about The most powerful person in Silicon Valley