Web 2.0: Why Only a Few Will Remain Standing

As the dot com bubble was crashing Reid Hoffman was an executive at PayPal, and he was one of the few people in Silicon Valley having a good year. Once PayPal sold to eBay in 2002, Hoffman quit and had some free time on his hands. He was torn between inve

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China Raises Energy Prices, Lowers Boom on Crude

China’s decision to raise energy prices is having far-reaching implications across many markets today.China’s action helps explain why crude prices were falling this morning despite the attack on Shell’s facilities in Nigeria. Once rumors of the China pri

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‘Double Whammy’ for Tech: Slowing Overseas Growth, Stronger Dollar

The tech sector is enjoying a reprieve today, but obviously it’s been tough sledding since late 2007.Darren Chervitz, co-manager of the Jacob Internet Fund, has long had a cautious approach due to concerns about the U.S. economy, inflation, and the credit

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Deal or No Deal: Take-Two ‘Better Positioned Than Ever’

Take-Two Interactive is “doing as well as they’ve done, ever,” says Darren Chervitz, co-manager of the Jacob Internet Fund, whose largest position is in the videogame maker’s stock.Chervitz does not deny there is downside risk to Take-Two should

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eBay Live: No Walk in the Park for CEO Donahoe

John Donahoe can expect an earful from sellers at eBay’s Live conference, which starts today in Chicago.In addition to slowing active user growth, eBay is facing a revolt from sellers who stopped a strike but are still irate over recent fee increases, the

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Shanghai Surprise: China’s Stock Boom Deflating Ahead of Olympics

China’s Shanghai Composite tumbled 6.5% overnight and has now fallen 11 of the past 12 trading days. With the index now down more than 50% from its all-time high in October, it’s clear the conventional wisdom about China “holding up” the market

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LinkedIn Co-Founder Reid Hoffman: What That $1B Deal Really Means

A lot was made of LinkedIn’s funding announcement today and its new $1 billion valuation. I decided to head over to LinkedIn’s headquarters in Mountain View to ask Reid Hoffman what he thought.Hoffman, the co-founder and former CEO of LinkedIn, now serves

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EA-Take-Two? How About Take Four in This Never-Ending Takeover Saga

When Electronic Arts extended its takeover bid for Take-Two yesterday, many observers were hit with a case of déjà vu. That’s understandable because this is now the fourth time EA has extended the bid, which remains at $25.74, and which Take

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