(Photo: The Social Network)

Accel has closed a $475 million fund that they plan to use for Series A startups mainly in Israel and Europe. [TechCrunch]

Yesterday was Twitter's 7th birthday and it celebrated by hitting the 200 million users milestone. That's great and all but... [The Verge]

...YouTube announced they have one billion monthly users. You know what's cool? [San Jose Mercury News]

The influx of new money from this round of billion dollar startups has undeniably changed the Valley. But is it for the better? [East Bay Express]

Turns out Starbucks baristas actually have no idea how to use that Square thing. [Fast Company]