Who said the venture capital industry is sucking wind lately? Well, it is–but not today, and especially, not Accel Partners, which sold two of its portfolio start-ups to large public companies for a total of $1.5 billion. That would be the sale of AdMob to search behemoth Google (GOOG) for $750 million in stock and the acquisition of Playfish by gaming giant Electronic Arts (ERTS) for …

Read the whole story at the Source

Bebo Not Worth a Pail of Spit to AOL? This Comes as a Shock to Exactly–Hmm–No One.

Almost from the minute former AOL head Randy Falco handed over a giant bag of cash to Joanna Shields, the awfully clever chief money charmer of once darling social...






Palm Pre Commercial Keeps Mirroring the Ladies

At the seventh D: All Things Digital conference in May, in an onstage interview, Palm’s major investor, Roger McNamee , and I got into a minor tussle over the mirror on the...






AOL Mulls Director Choices for New Board of Spinoff

It’s not often these days that you get any kind of public offering in the market for tech companies–so a lot of people in Silicon Valley and elsewhere are looking at the...