Forget the market. Five other recent signs of tech doom.
The vaguely defined startup, said to provide a picture-taking application for smart phones, raises $41 million in funding, then falls apart.
Jonathan Kaplan, who created the Flip camera, raises an estimated $10 million to build a chain of grilled-cheese restaurants.
The Hair Network
NaturallyCurlyNetwork.com, a social network for people with “wavy, curly, and kinky hair,” has raised $2 million. Sure, it’s not much. But curly hair? Really?
“Adjusted consolidated segment operating income,” a made-up metric, allows money-losing Groupon to claim profitability.
Larry Summers joins a Silicon Valley venture capital firm. When this guy starts crashing the party, you know there’s trouble.