SF Restaurants, Food & Drink Ancient Avocado Toast Recipes Suggest This Generation Didn't Invent It After All SF Chronicle recipe for Avocado Toast, April 8, 1927 https://t.co/UMnH7YCnLM pic.twitter.com/AZ4NI2MZky— Eric Fischer (@enf) July 20, 2017 Though avocado toast — the complicated culinary concoction in which mashed
SF News Lyft Loses As Much As $50 Million/Month, President Calls It 'Investing' When asked about reports that transportation network Lyft has been losing as much as $50 million a month, company President John Zimmer could have denied that amount, or offered another figure. But at
SF News SF Developing Economic Resiliency Plan, In Case Tech Thing Doesn't Work Out 100% While Mayor Lee introduced for approval the largest San Francisco budget to date — $9.6 billion — at the end of last month, more privately, city officials are making contingency plans for falling markets.
SF Restaurants, Food & Drink [Update] Too Many Cooks? In Crowded Market, Catering Startup Kitchit Calls It Quits The dinner party could be coming to a close for San Francisco-based Kitchit, a catering startup with $8.1 million in investments according to Crunchbase. That news came from anonymous sources to Investors
SF News Citing Funding Issues, 'Uber For Kids' Abruptly Shuts Doors San Francisco based Shuddle, a child-focused ridesharing company that once described itself as "Uber for kids" is describing itself as "out of business" today, after the venture-funded company ran out of road. In
Arts & Entertainment Extremely Fancy Noe Valley Rich People Seek $175K Pantry Organizer In a job listing that sounds part Gosford Park, part Devil Wears Prada, and part total parody, a staffing agency says they're offering "$175,000 +" to the Higgins/Holloway hybrid who has what
SF News After Raising Delivery Fees, Struggling Instacart Cuts Driver Pay By 63% It's not easy being a grocery delivery startup! Just ask Webvan, the dot-bomb-era delivery service that flamed out so spectacularly in 2001 that its name is synonymous with early 00s startup excess. Is
SF News 2001 All Over Again?: Apple, Twitter, Square, Yahoo Stocks Hit New Lows This Morning Though late-morning and afternoon trading on Wall Street has seen all four stocks bump up a bit, this morning looked really dismal for the local tech sector as the stock prices of Apple
SF News Yahoo CEO Reportedly Joked About Layoffs At Company-Wide Meeting Our report that Yahoo was going to lay off 1000 staffers in the next month or so was met with a collective yawn from readers — a sign, perhaps, of the company's lack of
SF News Yahoo To Reportedly Ax 'At Least' 10% Of Its Workforce Over Next Few Months Oh, Yahoo. The long-struggling tech giant has been having wave after wave of layoffs in the last few years, with 14% of its workforce dumped over the course of 2015, alone. According to
SF News 2016's Prospects 'Less Optimistic' After Tech Stocks Take Market Hit The stock market's first day of trading for 2016 did not go so well for several local tech companies, with Alphabet, Facebook and Netflix all taking big hits in a trend that left
SF News Instacart To Raise Delivery Fees Following Layoffs Grocery delivery company Instacart yesterday announced that it would raise the minimum delivery fee it charges by 50 percent. This price increase follows shortly after the company, reportedly valued at $2 billion last
SF News Real Estate Experts Say SF Housing Market Is Maybe Reaching Bubble Conditions It's not just unicorns that might be overvalued, ladies and gents. Now, more and more housing experts are coming out and affirming what some have been warning all along: we're in a bubble.
SF News Dot Bomb Oracle Predicts Boom Doom For Bay Area Ken Rosen, UC Berkeley's Chair of the Fisher Center for Real Estate and Urban Economics, has a pretty solid record when it comes to predicting financial disaster: He called the 2000 dot-com implosion
SF News Twitter Evokes Dot-Bomb Memories With Pricey World Series Ad Campaign Hey, guys, remember the halcyon days of January, 2000, when a bunch of dot com companies dropped scads of money on commercials that would run during the Super Bowl? One current-day dot com
SF News Uber Investor Says High Valuations For Private Tech Companies Are 'Fake,' Warns Of 'Correction' Bill Gurley is well-known as a Silicon Valley investor, with dough in Uber, DropBox, SnapChat, and others. He's also gaining a reputation as a guy who is unafraid to speak critically about these
SF News Twitter Laying Off 8% Of Workforce, CEO Says 'This Isn't Easy. But It Is Right.' [Updated] Made some tough but necessary decisions that enable Twitter to move with greater focus and reinvest in our growth. http://t.co/BWd7EiGAF2— Jack (@jack) October 13, 2015 "New" Twitter CEO Jack Dorsey
Arts & Entertainment What Would You Trade For Steve Jobs' Old Car? Since his death in 2011, we've seen a veneration of Steve Jobs that's reminiscent of the attention focused on, say, a European saint. (His office at Apple remains untouched, for example.) But instead
SF News Report: Venture Capitalist Confidence Hits Two-Year Low, High Valuations And Pointless Startups Blamed Just a week after it was reported that venture capitalists were putting more money into startups than ever before, we're hearing that VCs might now be having second thoughts on the matter, and
SF News San Francisco's Massive Venture Capital Haul, By The Numbers The San Francisco Business Times reports that venture capitalists are ramping up to drop "dot-com era levels" of dough on US companies by the end of 2015. Unsurprisingly, a lot of that money
SF News Shut Your Bubble-Talking Mouth, Says Silicon Valley VC Firm Hey, maybe those blissful bubble parties at Dolores Park knew something that we didn't! According to venture capital firm Andreessen Horowitz, there isn't a bubble, after all! EVERYTHING IS FINE KEEP SPENDING MONEY.
SF News Now Yelp Might Be For Sale What's that sound? The "market correction" or bubble pop or whatever you want to call it may be getting nearer as big companies are wondering if it's time to cash out including this
SF News Y Combinator President Will Bet Any VC $100k There Is No Bubble Bubble talk is all talk, but the President of Y Combinator, the prestigious startup accelerator/seed fund, means business. Sam Altman is putting his money, or a chunk of it, right where the
SF News Rich Guy Claims Uber And Airbnb Will Make Us Rich, Too Marc Andreessen, the cofounder and partner of Silicon Valley VC firm Andreessen Horowitz, has an estimated net worth of $600 million bucks. Despite the busy schedule he must have managing all that money
SF News Uber Investor: The Bay Area Bubble Will Pop This Year, And More Than Tech Will Suffer Less than two weeks after investor Mark Cuban warned us all that the Silicon Valley sky is getting ready to fall, another VC is making similar predictions: that the Bay Area is in