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...Zuckerberg’s failed HotOrNot.com spin-off, Facemash.com, became an internet phenomenon in the same boat as multimillion dollar companies like Friendster and Tribe. And a sophomore computer science concentrator in Kirkland House, his detail-oriented roommate, and a mutual friend with an eye for business became Silicon Valley executives—de facto CEO, project manager, and CFO, respectively...

Author: By Kevin J. Feeney, CRIMSON STAFF WRITER | Title: Business, Casual. | 2/24/2005 | See Source »

...Silicon Valley romanticism also motivated Zuckerberg’s move to California. “Palo Alto was kind of like this mythical place where all the techs used to come from,” he says. “So I was like, I want to check that...

Author: By Kevin J. Feeney, CRIMSON STAFF WRITER | Title: Business, Casual. | 2/24/2005 | See Source »

Such largesse is not unheard of in Silicon Valley. Especially when the business of social networking is involved. In October and November 2003, venture capital firms poured nearly $36 million dollars into four social networking websites—Tribe, LinkedIn, Friendster, and Spoke, according to the companies’ websites. Mark Kvamme, a partner at Sequoia capital, has gone so far as to dub the phenomenon “Internet 2.0,” and everyone from Microsoft to Google wants...

Author: By Kevin J. Feeney, CRIMSON STAFF WRITER | Title: Business, Casual. | 2/24/2005 | See Source »

Zuckerberg will not discuss the details of those offers. He says he does have an idea of the site’s value, but won’t say what it is. Typically, companies like TheFacebook meet multimillion dollar offers. According to the San Jose Mercury News—Silicon Valley’s newspaper of choice—Friendster passed on a $30 million buyout offer from Google in 2003. Friendster founder Jonathan Abrams—who would not confirm the $30 million figure—says the company had two million users at the time. Today, TheFacebook...

Author: By Kevin J. Feeney, CRIMSON STAFF WRITER | Title: Business, Casual. | 2/24/2005 | See Source »

...certain respects, Fiorina did exactly what she had been asked to do. Hewlett Packard is Silicon Valley's alpha company, founded in a garage by Bill Hewlett and Dave Packard in 1938, when the area had far more peach trees than programmers. HP first produced oscilloscopes, then expanded to other testing and measuring instruments. It was a pocket-protector paradise, its culture defined by the HP way: paternal, collaborative, entrepreneurial, community minded and inconspicuous...

Author: /time Magazine | Title: Why Carly's Out | 2/14/2005 | See Source »

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