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Raise softly and deliver a big exit

Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor: In the world of venture capital, the prospect of a successful “exit” looms large in the minds of investors. A VC’s business model is less about the money that goes into a startup ...

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Facebook patents tech to determine social class

Facebook’s patent plan for “Socioeconomic Group Classification Based on User Features” uses different data sources and qualifiers to determine whether a user is “working class,” “middle class,” or “upper class.” It uses things like a user’s home ownership status, education, number of gadgets owned, and how much they use the ...

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