We all know that Google can count. The company based its IPO on a billion times the mathematical constant “e”, so I don’t doubt the arithmetic credentials at Mountain View.
So the launch of the Android market, the application store for the new G1 phone, indicates that the Android team needs to check their calculations. Read more
It’s not all doom and gloom among Sequoia-backed start-ups.
LinkedIn, which raised $53m in June at an eye-catching $1bn valuation, is at it again. This time the social network for professionals has pulled in another $23m – and at the same valuation, despite the collapse in stock prices since then, according to CEO Dan Nye. Read more