TechCrunch’s Laura Boychenko Infiltrates Google Ventures

We’re never happy when a TechCruncher leaves, but it’s always nice when they end up somewhere awesome and can feed us lots of confidential information. Ben Meyer at Facebook and Daniel Levine at Accel Partners, for example, send us weekly confidential updates from their companies.

Laura Boychenko, who has been with us since 2008, is working her last day at TechCrunch. On Monday she starts a new job at Google Ventures. And what Google doesn’t know is that we’re keeping Laura on our payroll, too, and we expect lots of inside information to be coming our way.

It’s the TechCrunch way.

Oh, just kidding. Everybody chill out.

But seriously, we’re all going to miss Laura. She’s the one we sent out to do irresponsible things like tear the wrapping off a Google Android statue to get first pictures, and Google security almost had her arrested for it. Luckily we still have MG to do that sort of thing, but still, she’ll be sorely missed.

Good luck at Google Ventures, Laura. They’re lucky to have you.


With 80 Million Users, Pandora Files To Go Public

Music streaming service Pandora has filed to go public. It could end up raising as much as $100 million. Morgan Stanley and J.P. Morgan are co-managing the deal. The filing puts them on track for a mid-2011 IPO, as we reported earlier.

Some financial stats from the SEC filing: For the first nine months of 2010 it lost $328,000 on revenues of $90 million. (Michael Robertson’s $100 million revenue estimate we published earlier this tear was pretty damn close). Pandora’s fiscal year ends on January 31 (weird), but in the prior full year ended on January 31, 2010, it lost $16.7 million on revenues of $55 million. So you can see how much it got its fiscal house in order since then, adding $35 million in revenues and practically eliminating its loss. (Click financial table below to enlarge)

About 86 percent of Pandora’s revenues ($78 million) comes from advertising, the rest ($12 million)comes form subscriptions. Pandora grew revenues 187 percent in the first nine months of 2010 (through October 31), a growth rate that slightly exceeds the 185 percent revenue growth in fiscal 2010 (which was really 2009, plus January). As of October 31, 2010, it still had $41 million in cash.

According to the filing, Pandora has 80 million registered users and 800,000 songs from 80,000 artists. Regsitered users grew from 46 million a year ago, and 22 million in 2009. The hours of music listened to on the service similarly doubled from 1 billion hours in fiscal 2009 to 2.1 billion in fiscal 2010.

As the dominant free Internet music service on the Web, Pandora wants to expand to mobile, automobiles, and other devices. Last year, founder Tim Westergren explained to Charlie Rose how the iPhone doubled Pandora’s growth rate, and below is a more recent TCTV interview Sarah Lacy did a month ago with CTO Tom Conrad on Pandora’s auto ambitions:

Information provided by CrunchBase


Mubarak Shut Down The Internet, And The Internet Paid Him In Kind

Yesterday, after 17 days of protests, former Egyptian president Hosni Mubarak gave a speech to the Egyptian government that made it seem like he would not be stepping down. This led to many people on the ground in Egypt and elsewhere feeling depressed, a series of humorous jokes being bandied back and forth on Facebook and Twitter and one Twitter employee commenting to me,“Well, we can only do so much.”

It has become fashionable amongst Western media and armchair foreign policy experts (hi Malcolm) to dismiss the idea that what happened in Egypt was a digital revolution mainly because most people associate Facebook and Twitter with the mundane over-sharing of what you ate for breakfast. That and the fact that its been pretty damn hard to pin down what exactly causes revolutions. This belief  isn’t helped by the truth that a ton of social media noise did not actually lead to a regime change in Iran during #IranElection.

But the many who said that social media was no match for Mubarak’s stubbornness and the fact that his dictatorship had been there for thirty years overlooked one key thing. #Egypt wasn’t just about Facebook and Twitter, it was about the Internet as a whole.

I started writing about Egypt because I was moved by an email we received on January 27th, with only a subject line, “Re: URGENT: Egypt blocks text messaging as well” and no body. It was from a Canada-based Egyptian, Mohamed El-Zohairy who was trying to get the word out about what would eventually be a complete Internet blackout in Egypt on that day. El-Zohairy’s email led to the following post, “Egypt Situation Gets Worse, People Reporting Internet And SMS Shutdown” and countless others on my part.

Over the next couple of days El-Zohairy would ping me with updates, eventually deciding that he would fly back to Egypt — Sending me a quick email along the lines of “This will be our last communication.” The Internet was still being blocked so I called him immediately and expressed my concern. After Mubarak announced that he would not seek another term in office and the country’s connectivity returned on February 2nd, I received this:

Hi Alexia,

I have been in Egypt since Feb 2nd, and as you can imagine things have been moving really fast. This is the first chance I have to write you an email. I have been going to Tahrir Square every day since I arrived, and thankfully I have been safe and in one piece so far. The government has used every violent trick at their disposal, short of using the army, to kill this revolution. Recently they decided to switch strategies, they are using government controlled TV and press to win the public opinion and turn the people against each other. They are instilling fear into the average Egyptians, fear from foreign invasion by spreading rumors of infiltrators and people with foreign agendas leading the revolution. The truth is that the revolution is lead by the educated middle and upper-middle class Egyptian youth.

Right now, we are using social media to win back most of the public opinion, one friend at a time. It is a tough job, because only 5 million ppl are on facebook and Egypt is a country of 80 million. However, we believe we can educate the people on social media and eventually they will help in educating the rest of the population. The gov’t is making it easy for us though, by using rumors that are REALLY easy to debunk (i.e. The foreign threats are coming from: The US, Iran, Israel, Qatar, Europe. So the whole world has decided to unite in a conspiracy to topple the Egyptian regime)

-Mohamed

This email, from an immigrant who flew to Egypt to take part in protests that culminated successfully today, is micro-proof that this was indeed an Internet revolution. And Zohairy says there were hundreds of activists like him, which was one of the main reasons his cause succeeded.

Pulling a country of 82 million people, around 17 million Internet users, 60 million cellphone subscribers, 7 million home phones, and 5 million Facebook users offline essentially created the largest flashmob ever, with around 8 million protesters in the streets across Egypt today according to reports. Says Zohairy, “Shutting down the Internet was the most stupid move this regime has taken. It gave the revolution huge media attention that wouldn’t have been possible otherwise.”

From posting videos on YouTube, to using PhotoShop to create symbolic logos for the opposition, to using Facebook to organize protests, the events of the past 18 days undoubtedly played out online.

Aside from the more highly publicized manifestations like Khaled Said’s Facebook page, the Al Jazeera YouTube livestream, Speak2Tweet and of course #Jan25, #Mubarak and #Egypt, I have seen webpage memorials built in testament to the protesters, a group texting service centered around #Egypt, a person who took it upon themselves to become their own news network and a forum created to discuss wireless solutions in case an Egypt-style Internet takedown happened again. There are many others.

To those that think that social media functioned merely as an Evite service to Tahrir square: I have heard that the protesters used Google Realtime Search to view tweets when the Egyptian government shut down Twitter, because government officials did not know that Google functionality existed. In addition, activists Googled things like “How to deal with tear gas” and wrote anti-Government propaganda notes on Facebook, tagging all their friends. When the Egyptian government tried to convince its constituents that the protesters were being paid $50 and a bucket of KFC to sit at Tahrir, this image immediately went viral, countering the lies.

Today opposition leader and Googler (need any more proof of my headline?) Wael Ghonim publicly thanked Zuckerberg for Facebook’s role in supporting the protest. This might be the first time in recent history that Google and Facebook have come together on anything. And then there’s this http://www.ismubarakstillpresident.com/.

Do I think the Internet is partially responsible for Mubarak’s resignation? Yes, I do as naive as that might seem to some. But hey don’t ask me, ask the people who organized the movement to take him down.

Wael Ghonim@Ghonim
Wael Ghonim

Wait for my book soon: Revolution 2.0 #jan25

February 11, 2011 9:19 am via Twitter for BlackBerry®RetweetReply

And in case you need those answers asap, you can find Mohamad Zohairy on Twitter at @elmasry.

Image source


“I Love The Petting Zoo Guy”: The Curious Characters Sarah Lacy Met While Writing Her New Book [TCTV]

For the past few days, it seems the whole world has been reviewing Sarah Lacy’s new book, Brilliant, Crazy, Cocky: How the Top 1% of Entrepreneurs Profit from Global Chaos .

Fortune’s Dan Primack described it as “an outstanding piece of journalism”, Jon Swartz at USA Today called it “a fascinating new gem of a book,” Vivek Wadhwa in Business Week describes how it “vividly illustrates how the American Dream has become America’s most significant cultural export”  and even Michael Arrington – possibly the world’s most persistent Silicon Valley flag-waiver – jumped in, saying “Sarah’s book opened my eyes… to the untenable constraints that people around the world have to work with.” My own – thoroughly biased review can be found here.

But, yeah yeah, blah blah – I get it – it’s a brilliant piece of business journalism. For me, though, the best thing about the book is its cast of characters. The Brilliant, Crazy, Cocky entrepreneurs. The Chinese driving school guy who has his own petting zoo, the Israeli movie mogul, the Brazilian slum-kid-turned-genius-entrepreneur and – of course – Jean de Dieu Kagabo. So while everyone else continues to rave about the important business lessons and geopolitical implications of Sarah’s book, I bullied her into the TCTV studio to chat about some of her favourite people she met while writing it.

The individual parts – one for each country – are below, or you can watch the full thing here.

Rwanda:

China:

Brazil:


Indonesia:

Conclusion:


Funny Or Die Explains The AOL-HuffPo Deal: “Bringing The Future Back To 1996?

Ever since AOL announced its $315 million acquisition of the Huffington Post, pundits have been asking what does it mean? Well, look no further. Funny or Die created the faux infommercial above that looks like it was shot 15 years ago. The tagline is, “AOL and the Huffington Post: Bringing the future back to 1996.”

Basically, what you get with AOL-HuffPo are Alec Baldwin editorials and cybersex chatrooms filled with midwestern housewives. Oh, and you can also download your favorite Wav files of Arianna Huffington quotes, which you can listen to every time you get a new email: “Master the Internet.” I am downloading some right now at AOL HQ, from where I’m writing this post.

(For a more sinister video parody, check this one out).


Internet: 13,483,282 Newspaper: 0

A lot of people like to bitch and moan about how in the age of realtime information, the stream moves too quickly and as a result, there’s a decent chance of inaccurate news being spread. There’s no question it’s an issue, but with the situation in Egypt, we’re once again seeing the overwhelming upside of this realtime data spread that makes services like Twitter so powerful. And just look at the flip side.

The above image shows the frontpage of a newspaper that was delivered this morning. There are hundreds more like it around the country. Many, many people still get their news this way. They woke up this morning, opened the paper and got information that is so old that it’s now totally inaccurate. It’s ridiculous.

This has actually always been an issue — “In related news, DEWEY DEFEATS TRUMAN!,” quips Twitter’s Mark Trammell — but if radio hit the newspaper format over the head, the live, 24/7 television news channels drove a stake in its heart. And now the realtime web has pounded that stake deeper. With a sledgehammer. And then stuck a grenade in the mouth of the corpse.

I’m sorry, but there’s simply no role for the newspaper anymore. That’s not saying there’s no role for newspaper journalism, just the physical product itself. It’s a waste of paper, ink, and time. R.I.P.

Sarah Lane@sarahlane
Sarah Lane

Today's wine country news: printed on paper, delivered via overhand throw from moving bicycle at 5 am. http://instagr.am/p/Bh80Q/

February 11, 2011 9:44 am via InstagramRetweetReply

Trammell@trammell
Trammell

@sarahlane In related news, DEWEY DEFEATS TRUMAN!

February 11, 2011 10:29 am via webRetweetReply

[image via @sarahlane – yes, my girlfriend, yadda, yadda]

Information provided by CrunchBase


Swiss ‘reject’ tighter gun curbs

A man fires a pistol at a shooting range near Bern, Switzerland - 6 January 2011Sport shooting is very popular in Switzerland
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Voters in Switzerland are due to go to the polls in a referendum aimed at restricting gun ownership.

If approved, it would end the long practice of Swiss men keeping their weapons at home both during and after compulsory military service.

Weapons would have to be registered and owners prove they know how to use them.

Supporters of the controls say suicides and gun crime would be reduced. Those against say locking weapons in arsenals would undermine trust in the army.

There are an estimated two to three million guns circulating in Switzerland, but no-one knows the exact number because there is no national firearms register, says the BBC’s Imogen Foulkes in Geneva.

In addition to the semi-automatic assault rifle that all those serving in the army store at home, there are thousands of hunting rifles and pistols.

Serving and former soldiers have been allowed to keep their weapons at home since World War II.

The proposal to end that custom is backed by a coalition of doctors, women’s groups and police associations.

Although Switzerland’s overall crime rate is low by European standards, the country has the highest rate of gun suicide in Europe.

The proposal’s backers say keeping soldiers’ firearms locked up in armouries would reduce the suicide rate.

A number of recent high-profile killings have also lent support for greater gun control.

But the Swiss army is a national institution, and changing anything about it is controversial, says our correspondent.

Opponents of the proposals say taking soldiers’ guns away would undermine the military and could open the door to abolishing Switzerland’s citizen army all together.

Opinion polls suggest the nation is fairly evenly divided over the issue.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Boy, 13, stabbed as dog attacked

A 12-year-old boy has been stabbed in Greater Manchester, police have confirmed.

The boy is said to be in a critical but stable condition in hospital following an incident in Cherry Lane, Sale.

Offficers were called to the area on Saturday evening. Firs Way is currently closed between Cherry Lane and Firtree Avenue.

It is understood that a dog was also stabbed to death in the same incident. Police investigations are continuing.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Cameron defends Big Society idea

David Cameron giving Big Society speechDavid Cameron said the aim of the idea was to build a “stronger, bigger society”
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David Cameron has rejected accusations that his Big Society policy is simply a mask for government spending cuts.

The prime minister said his initiative to give a greater role for community and voluntary groups was intended to change the way the country was run.

Writing in the Observer, he accepted that such organisations might need help in the face of government cuts.

Charity leader Dame Elisabeth Hoodless has said the cuts attacked volunteering and the whole concept of Big Society.

Mr Cameron said: “Building a stronger, bigger society is something we should try and do whether spending is going up or down.

“But there is a broader point to be made. As the state spends less and does less – which would be happening whichever party was in government – there would be a positive benefit if some parts of society were to step forward and do more.”

“The whole approach of building a bigger, stronger, more active society involves something of a revolt against the top down, statist approach of recent years”

David Cameron

The prime minister said billions of pounds of government contacts would be opened up to bids from groups within society.

“The scale of this opportunity dwarfs anything they’ve ever had before,” he said.

Mr Cameron said the government would announce details in the coming week of a £100m transition fund to help groups at a time when local councils were seeing their budgets cut.

There will also be a Big Society bank to inject £200m of working capital for projects approved under the scheme.

Mr Cameron said: “We are not naively hoping the seeds will grow everywhere of their own accord; we are helping to nurture them.

“That’s why we will soon be announcing the partners who will help us deliver our commitment to provide 5,000 community organisers in the areas where they are needed most.”

Rejecting the notion that the Big Society was too vague, Mr Cameron said: “True, it doesn’t follow some grand plan or central design.

“But that’s because the whole approach of building a bigger, stronger, more active society involves something of a revolt against the top down, statist approach of recent years.

“The Big Society is about changing the way our country is run. That’s why the Big Society is here to stay.”

Dame Elisabeth, who is retiring as executive director of the country’s largest volunteering charity the Community Service Volunteers (CSV), said “massive” council cuts would make it harder for people to do more in their communities.

Liverpool City Council has withdrawn as one of four pilot areas for the Big Society plans.

Council leader Joe Anderson said government cuts had threatened the future of many local volunteer groups.

At Prime Minister’s Questions this week, Labour leader Ed Miliband said the government’s cuts were making society “smaller and weaker”.

Mr Miliband continued his assault on the Big Society in the Independent on Sunday, saying the government was undermining the concept’s foundations with billions of pounds of cuts.

He suggested the current administration’s substance and style resembled that of Margaret Thatcher’s in the early 1980s.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Gay church ‘marriages’ proposed

Male couple at wedding showGay couples currently cannot get married in religious settings
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Ministers will publish plans to change the law to enable same-sex couples to “marry” in church, the BBC has learned.

Equalities Minister Lynne Featherstone is to propose lifting the ban on civil partnerships taking place in religious settings in England and Wales.

But churches will not be compelled to hold ceremonies if individual clergy are opposed on religious grounds.

The legislation would also cover synagogues and mosques although homosexuality is forbidden under Islam.

Currently same-sex marriages are banned from using hymns or even readings from the Bible.

The changes will be welcomed by gay rights campaigners but are likely to raise the ire of many churchgoers.

The The Sunday Telegraph claims the decision to push ahead with the legislation is a victory for Mrs Featherstone and her fellow Liberal Democrats.

The Telegraph says the Church of England has already said it will not allow any of its churches to be used for civil partnership ceremonies.

But Quakers, Unitarians, and Liberal Jews are thought to be more sympathetic to the idea, says the paper.

The move follows an amendment to the Equality Act by Lord Alli, a Labour peer.

The Home Office spokesman said: “The government is currently considering what the next stage should be for civil partnerships, including how some religious organisations can allow same-sex couples to register their relationship in a religious setting if they wish to do so.

“Ministers have met a range of people and organisations to hear their views on this issue. An announcement will be made in due course.”

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Blair hails Egypt ‘opportunity’

Tony Blair

Tony Blair: “This is a moment of huge opportunity, not just for Egypt”

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Former Prime Minister Tony Blair has described events in Egypt as a “pivot” that could move the “whole of the Middle East” towards democracy.

Mr Blair, who is now a UN Middle East peace envoy, said deposed President Hosni Mubarak had been “a force for stability in the region”.

But he told the BBC’s Andrew Marr show that events in Egypt were a “huge opportunity” for change.

He also warned against “hysteria” about the Muslim Brotherhood.

Some US conservatives have warned that the Islamist group, which is Egypt’s largest opposition party, could take over the country and end its peace treaty with Israel, with consequences for the whole region.

But Mr Blair said the “sensible” approach to the Muslim Brotherhood in Egypt was “not to be hysterical about them,” adding “they are not terrorists or extremists”.

“The public would expect us to be looking for some of this money if we became aware of it”

Richard Alderman Serious Fraud Office

But he also said the international community should “not be complacent” about the Muslim Brotherhood either, adding they are “not the type of political party that you or I would recognise”.

Above all, he said the West had to move from “commentating on this situation” to “engaging” with what he said was a wider process of change across the Middle East.

Mr Blair, who along with the US, was a close ally of President Mubarak when he was in power, said that although he had been a force for stability who had boosted Egypt’s economy, forces for change in Egypt had been “held back” under his rule.

Mr Blair told Andrew Marr: “This is a moment of huge opportunity, not just for Egypt, and … although I see all the uncertainties, you have to manage this process of change very carefully, I think the military council will do that, by the way.

“Despite all those challenges, this is a moment when the whole of the Middle East could pivot and face towards change and modernisation and democracy and that would be a huge benefit for all of us.”

He acknowledged the situation in Egypt had been “fantastically destabilising” for the Palestinian Authority but added that if a “benign” new administration was established in Cairo it could help to support modernising elements within Palestinian politics.

Mr Blair said the Middle East “can either go towards an open-minded, modern type of democracy, let’s hope that it does, or it could be swung into something narrow and extreme and closed-minded”.

He added: “I think there’s every possibility that we get the first and not the second and our purpose as the West should be to engage insofar as possible to bring about that more benign scenario.”

It comes as the government faced calls to freeze any assets of Mr Mubarak’s assets being held in the UK.

Business Secretary Vince Cable said that there was a need for “concerted international action” to tackle the issue.

He said he was “not aware” Mr Mubarak and “enormous assets” in the UK but warned the government would act against any British bank that was involved in helping the former president improperly move funds in order to protect his private wealth.

Mr Mubarak is reported to have amassed a family fortune worth billions of dollars held in British and Swiss banks and tied up in property in London, New York and Los Angeles.

The Swiss authorities have already announced that they are freezing his assets held in their country.

The director of the Serious Fraud Office, Richard Alderman, indicated that they were already tracking the assets of Mr Mubarak and the deposed Tunisian president Zine El Abidine Ben Ali.

“The public would expect us to be looking for some of this money if we became aware of it, and to try to repatriate it for the benefit of the people of those countries,” he told The Sunday Times.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Four ‘family members’ found dead

A man and a woman and two children, believed to be from the same family, have been found dead in Leicestershire.

A man, 32, was found dead at Watermead Country Park on Friday evening.

The bodies of a 24-year-old woman, a boy aged three and a girl aged two, were found at a house on Saturday afternoon in Mowmacre Hill, Leicester.

The deaths of the woman and children at the Jersey Road property are being treated as suspicious. Police said they were not looking for anyone else.

Leicestershire Police said none of the bodies had so far been identified.

A spokesperson from the force said: “No causes of death have been established at present, but the deaths of the woman and children are being treated as suspicious.

“Enquiries are at an early stage, but officers are not looking for anyone else at this time.”

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.