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This Week’s Best Reading
The Amazing Shrinking Pocketbooks of Giant VCs
Just 3 years ago, institutional investors couldn’t write checks that were small enough. Mark Suster of Upfront Ventures writes that today's narrative is a different tale.
Infographic: The Wrong Step
Is the SEC trying to kill the economy? If these proposed changes go through, private equity investments could get cut in half overnight. See more chilling stats here.
Audio: Sam Altman on Start-Ups
The head honcho at start-up “boot camp” Y Combinator discusses how he discovers, funds, and coaches the next billion-dollar companies. Click here to listen.
How Bitcoin Could Take Flight
Could someone please just tell me what the heck Bitcoin is? A smarty-pants from Hyde Park Ventures sees a way for everyone in the world to finally “get it.”
76 of the Biggest, Craziest, Messiest Start-Up Failures Ever
Whoops, there goes a billion! CB Insights identifies 76 of the most expensive startup flameouts in history. Curious who made the list?
NSFW: We hope our wives and girlfriends don’t hear about this
ManServants is a San Francisco start-up that rents out “hot” butlers. Check out the write-up and not-quite-safe-for-work video here.
Start-Up Raises $1.7m to Make Divorce "Less Terrible"
In related news, a start-up called Wevorce hopes to replace the standard two-attorneys-fight-for-years divorce process with a loving network of mediators. Judging by its raise, it’s a marriage made in heaven. Check it out here.
Forget Driverless Cars – This is a One-Horse Race
Another milestone for Google’s Android operating system in its march to mobile dominance: the operating system accounted for a whopping 85% of all smartphones shipped in Q2. Read more here.