Teach Me How to Startup

First Round Capital Couldn’t Choose Between ‘Call Me Maybe’ and ‘Gangnam Style’ for Its Holiday Video

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We thought for sure First Round would go with “Gangnam Style,” Silicon Valley favorite. But apparently, the spray-and-pray strategy favored by investors also applies to parodying viral hits. Hence the cost of doing business with First Round also means aping Bieber protégés. Gotta say, that production quality doesn’t look very “run super lean eat the ramen,” as the founder getting his head bopped on by someone else’s crotch croons.

If you’re wondering why some people say, “the past five years or so of startup mania has been insufferable and obnoxious and annoying,” here is one example. Read More

Visiting Dignitaries

Instagram CEO Kevin Systrom DJ’d a Vegas Nightclub and Invited All His Tech Friends

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Party like it's 1999

Pop quiz: what’s more bubblicious than a Silicon Valley party featuring a monkey that will pose for Instagram photos? A Las Vegas party featuring the founder of Instagram, of course. And here you thought the good times ended when Kozmo’s CEO jumped off his grand piano in 2000.

This past Saturday, Kevin Systrom spun a set at Rain nightclub at the Palms Hotel in Las Vegas, which was covered by TMZ. Before you insert an eyeroll emoji, please refer to this curtain-opener in Vegas Seven recounting Mr. Systrom’s teenage years selling vinyl records to Paul Oakenfold and Paul van Dyk.

AllThingsD‘s Mike Isaac insists, “I spoke to a few people who are attending and they tell me that not only is it a fun Vegas road trip, but that Systrom is a legitimately talented DJ,” expressing some remorse about not attending. Read More