Ten-Year Venture Capital Returns Continue To Slide
At this moment, the must-read stories in technology are scattered across hundreds of news sites and blogs. That's far too much for any reader to follow.
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Story selection is accomplished via computer algorithm extended with direct human editorial input. Our human editors are: Lidija Davis, Mahendra Palsule, Andre Garrigo, David Connell, Jarrod Cugley, and occasionally Omer Horvitz and Techmeme founder Gabe Rivera. Launched in 2005, Techmeme remains independent, bootstrapped, and privately held.
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Sara Fischer / Axios:
Memo: BDG Media CEO Bryan Goldberg says the company is laying off 8% of its staff and “suspending operations” at Gawker after a “surprisingly difficult” Q1 2023
Max Tani / Semafor:
The DOJ charges James Gordon Meek, an ex-ABC News foreign correspondent, with the alleged transportation of child pornography; the FBI raided his home in April
Sahil Patel / The Information:
Sources: Netflix told advertisers that new sign-ups for its ad tier doubled in January over December 2022; Netflix predicted 1.75M ad-tier subs by end of Q1
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