Over the weekend, Nick Bilton gave lie to the feel-good myth propagated by Mark Zuckerberg’s founder letter–namely that Silicon Valley entrepreneurs aren’t in it for the face-melting wealth. (Apparently, some people truly believe startups decide to sell 25 percent more stock three days before an IPO to make the world a better place.) In Read More
One Percent Problems
In 2011, Harvey Weinstein wrote in Newsweek that “one of my all-time doozies” was buying a controlling interest in the social network A Small World. Gawker described the site, in 2004, as an “online VIP club,” noting that its members looked for “highbrow fun: Argentinian polo horses for sale, New Delhi club recommendations, and Thanksgiving in London.” Read More
Oracle CEO and New York Times-approved eligible bachelor Larry Ellison bought 98 percent of the Hawaiian island Lanai a couple months ago, making him the proud owner of two Four Seasons resorts, a solar farm, a pair of championship golf courses, the firstborn of every female citizen and 10 grass-skirt-bearing virgins.
Thus the Times sent one intrepid reporter down to Hawaii to ask the residents of Lanai how they feel about their new bearded overlord. And their passionate, tension-filled responses sound not unlike the rough draft of next summer’s feel-good land baron dramedy. Read More