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<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/ZyZAjlJWTX8/">
<title>The Prickly Prince From Microsoft Strikes Again</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/ZyZAjlJWTX8/</link>
<description><![CDATA[Dare Obasanjo, a Microsoft employee and the son of a former President of Nigeria, doesn't like it when people disagree with him. I found that out in 2007 when Obasanjo vandalized the TechCrunch Wikipedia page in response to a post we wrote that was mildly critical of Microsoft's hiring of a blogger to edit certain Wikipedia entries relating to Open Office standards. His actions as an individual and as a representative of Microsoft were outrageous. 

Today he writes a post accusing us of "encouraging...garbage" on TechCrunch because we've reported on the market fall over the last week, pointing to three examples (out of over 100 posts last week) where we chronicle the fall of Yahoo and Google stock, and the Seesmic layoffs. A number of other blogs jumped on the bandwagon, calling for the negativity to stop (obviously none of these writers read TechCrunch this last week).

"The last thing we need is popular blogs AND the mass media spreading despair and schadenfreude at a time like this," he says.]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/g8Yy7_1-2H0/">
<title>Will Verizon&#x2019;s New Three-Cent Hike Kill SMS Services?</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/g8Yy7_1-2H0/</link>
<description><![CDATA[

On Friday, word got out  that come November 1 Verizon Wireless plans to tack on an extra 3-cent charge for every SMS message sent by Web information services to any of its mobile subscribers.  That hike will be on top of the 20 cents per message that Verizon subscribers already pay (even those with "unlimited" plans).  Thus, in one fell swoop, Verizon is attempting to boost its SMS revenues by about 15 percent.

While it may be good for Verizon, the additional charge is not good for any service that sends out millions of SMS messages each month.  The move caught a lot of Internet companies, SMS aggregators, and media companies by surprise. For instance, I asked Twitter co-founder Biz Stone what impact it would have on the micro-blogging service, which lets users keep up with every Tweet they follow via SMS, and he didn't know:

We're still investigating with Verizon so I don't have a definite answer for you right now.]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/E7LnyHC-w78/">
<title>Brightcove 3 (Leaked ScreenShots)</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/E7LnyHC-w78/</link>
<description><![CDATA[

Brightcove, the Web video distribution platform used by media companies including Dow Jones, Warner Music, and the New York Times, is getting a massive makeover.  Most people won't see it, but its customers will.  A new version of the Web-based software that they use to upload, manage, and distribute their videos is rolling out soon.  It will be called Brightcove 3. (For more background, read the preview of the Brightcove 3 beta we wrote last june, and our interview with Brightcove CEO Jeremy Allaire in August).

We received the leaked screenshots below, and paired them with the corresponding current sections of the Web software.  As far as we know, they've never been seen before.  Judging by the screenshots, Brightcove 3 is much more visual, intuitive, and offers Web video publishers a ton more options than before.  Click on each screenshot for a larger image.

]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/fP-Fk6GoOqo/">
<title>MashLogic: Take Back The Web (By Getting Awesome Links)</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/fP-Fk6GoOqo/</link>
<description><![CDATA[Bessemer Venture Partners is launching an incubated startup called MashLogic into private beta today, with the audacious promise of helping people "take back the web." 

They say (and they're not alone) that the web today is driven by page view economics and search engine optimization goals, which leads publishers to link to themselves too often. The result is a less than optimal web experience.

There are Greasemonkey scripts that strip out these inefficient links, and various services like Adaptive Blue are adding browsing and link options for users via a plugin. Another startup, Sphere, acquired by AOL earlier this year, is a pop up window triggered by users that shows other content they might be interested in based on an index of the current page. It worked, well enough to get them acquired at least.

MashLogic is a more direct approach. Users must download a Firefox plugin to use it, but there's no toolbar. Instead, you simply change the settings to tell it what kind of information you'd like to have included on web pages. Links to Wikipedia is an easy one. But it also has company links to LinkedIn to show you people there you might know. And a currency converter. Etc. It's like a frickin Swiss Army Knife for hyperlinks.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/Cgk0oISSiS8/">
<title>Profit Maximization V. Survival Maximization</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/Cgk0oISSiS8/</link>
<description><![CDATA[A lot of criticism has been aimed at venture capitalists the last few days. The VCs are telling their portfolio companies to get ahead of the curve and conserve cash right now, and companies are starting to take their advice. 

The criticism is coming from people who don't understand that the world has changed in the last week and that companies need to change with it. And so they're asking why VCs waited until now to tell everyone to conserve cash. Others are saying the boom is the VCs fault, and for them to lecture companies on conserving cash is ironic.

Fred Wilson wrote about this issue today and says VCs have a responsibility to give their best advice to their portfolio companies: "It's all about acting responsibly and making sure we all survive to fight another day."

But he doesn't address the issue head on. I will. What we're talking about is the goal of profit maximization, which is what every for profit business needs to aim for or go out of business. In the good times, that means growing intelligently. In the bad, it means maximizing your chances of survival.

]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/ofu7gB9wTpw/">
<title>Forget the Front Desk: Hotels Go High Tech</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/ofu7gB9wTpw/</link>
<description><![CDATA[There's nothing like a bit of luxury when staying at a nice hotel. Be it in-room dining or the staff waiting on your every need, feeling like a king for a day is a matter of taking advantage of the hotel's services. Unfortunately, the systems in place for requesting such things are years behind, teetering on the edge of archaic. You can stare at the minuscule writing on the phone handset in hopes that dialing the listed numbers won't throw you into an infinite loop of forwards and "accidental" hang ups or, at some hotels, you can click your way through a sluggish and ancient feeling TV interface. They may as well be using pneumatic tubes.

Runtriz, a software firm out of Hollywood, CA, is aiming to bring hotels up to speed. Following a series of quiet test runs at other LA hotels, they've debuted a product called "Hotel Evolution" at the Malibu Beach Inn in Malibu, CA, which puts all of the hotel's offerings in the palm of your hand.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/KH5P2-VwCqY/">
<title>Twitter to IM: Drop Dead</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/KH5P2-VwCqY/</link>
<description><![CDATA[It took a worldwide financial meltdown for Twitter to finally cough up the IM hairball. At BearHug Camp, I spent about 10 of the 30 minute executive visitation trying to pin down Jack Dorsey, Biz Stone, and Alex Payne on when exactly Track and IM would be back, and in what order. Turns out the IM part isn't coming back; it's been moved from Broken to Build.

Evan Williams delivers the bad news with a refreshing frankness, suggesting the ROI of IM services for a small percentage of Twitter users puts it down the list below other more pressing priorities. And at the bottom of the email, he points at a fledgling third-party service that gives you a way of "tweeting" over the Jabber XMPP gateway. The author is mulling how to provide access to users' follows. No mention is made of Track, of course.]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/CXJerCl3aSY/">
<title>During Tough Times, The Echo Chamber Can Be Your Best Friend</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/CXJerCl3aSY/</link>
<description><![CDATA[

We are witnessing either an epic financial meltdown or a long overdue resetting of existing business practices and the hollow markets they create. Or, perhaps we’re experiencing both of these phenomena. Either way, it has the nation gripped with fear, uncertainty, and an unsettling eruption of questionable advice confusing everyone, everywhere.

While the floor is crumbling for many industries much in the same way it did for Silicon Valley during the dotbomb years, the sky isn’t necessarily falling on the startup industry – at least not for those with marketable technology or products, dedicated and capable teams, an executable business plan, and access to the resources necessary to help it reach users and customers.

For those startups that are building and marketing something of value for consumers or businesses, there is much work to do. While there is always a need to attract mainstream users, this isn’t the time to stretch or over-commit resources to hit everyone all at once. Branding is an expensive proposition, one that requires time, capital, diligence, dedicated teams, enthusiastic customers, and patience. As counter intuitive as it may seem, this is exactly the right time to market into the echo chamber to earn the support of influentials who will create significant, concentrated brand visibility and momentum to carry you forward.

Your business can grow with the groundswell and doesn’t necessarily require the instant adoption by the masses in order to succeed in the short term.]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/Q_18wT3Ro78/">
<title>WeAre.Us is (Almost) Like Ning, But With A Heart. Wins First VenCorps Prize.</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/Q_18wT3Ro78/</link>
<description><![CDATA[

When you are suffering from a chronic disease, sometimes the only people who can understand what you are going through are other people with the same condition.  But when that condition is rare, it can be difficult to find them.  WeAre.Us wants to help.  It is a platform of 16 social networks that connect people with chronic illnesses.  And it just launched a revamped version (which mainly features an improved user interface). The site entered the crowded health 2.0 market last April, but stands out with its focused internal framework and commitment to supporting the patients who use it.

In contrast to health platforms like DailyStrength or Revolution Health, which serve as a contact point for health-related topics of any kind, WeAre.Us connects people affected by severe illnesses only. In that sense, it is more like  PatientsLikeMe.  But rather than create an all-encompassing site, WeAre.Us decided to take more of a niche social network approach.]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/E-KegF_s4TU/">
<title>Yamli Makes It Easy To Use Arabic On The Web</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/E-KegF_s4TU/</link>
<description><![CDATA[

Approximately 60% of Arabic-speaking Internet users dislike using an Arabic keyboard, according to Yamli, a Massachusetts-based startup that launched last year.  CEO Habib Haddad explains that many users have to use a Latin keyboard for their jobs or school, which makes the keyboards impractical (and many think they're just hard to type with).  When it comes time to type in Arabic, many Internet users have adopted a phonetic web language that spells out Arabic words with these Latin letters.  The result, Haddad says, is messy - especially when it comes to making sounds that don't exist in English.

Yamli has built a system that solves this problem.  Users enter words phonetically into a special text box that displays a list of matching words that are written in Arabic.  This allows them to keep using their Latin keyboard, without having the resulting text look like gibberish.  Because there are around 22 dialects in the Arab world, Yamli has to deal with multiple different phonetic spellings, which Haddad says it does with around 95% accuracy.]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/4BEhJSfoIWU/">
<title>As Rome Burned, Team Cyprus Danced</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/4BEhJSfoIWU/</link>
<description><![CDATA[ 

Yes, the meme is just getting started it seems. 1938Media does his own take of the Team Cyprus video, set to the tune of AC/DC's HighWay To Hell:]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/5fcCbrMCM_Y/">
<title>Team Cyprus Move To Undo &#x201C;The Video&#x201D;</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/5fcCbrMCM_Y/</link>
<description><![CDATA[

A group of twenty or so tech elite were partying 1999-style in Cyprusthis last week, and posted a lip sync video of the Journey song “Don’t Stop Believing” a couple of days ago. Among the group were Brittany Bohnet of Google, Mike Hudack of Blip.tv, Dave Morin and Aaron Sittig of Facebook, Sam Lessin of Drop.io and Jessica Vascellaro, the Wall Street Journal’s Silicon Valley beat reporter.

Team Cyprus: Alcohol + Bad Judgement + Really Poor Timing

The video was released just as Silicon Valley really began falling apart and the UnParty began in earnest - eBay’s 10% layoffs, Google's stock nosedive, Yahoo’s self destruction, VC’s bunkering down, etc. And more than a few people thought the ostentatious partying was a little, ahem, tasteless in light of the meltdown back home.

Now that video has been taken private, which is what it should have been marked as in the first place. But it’s too late - the video has spread to YouTube and other sites, and won’t be disappearing again. As I said yesterday, fair or not the video video will always be associated with the end of Web 2.0.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/piI20MCI06c/">
<title>Delicious, Upcoming Founders To Show You Political Bias Of News Sites</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/piI20MCI06c/</link>
<description><![CDATA[What has ex-Yahooer and Delicious founder Joshua Schachter been working on since leaving Yahoo last June? At least one project is a GreaseMonkey script that shows readers the political leanings of blogs and news sites on Memeorandum, a news aggregator.

Political sites are usually very biased, but the casual reader often doesn't know which way a particular site tends to rant. With the new script, also available as a Firefox plugin, sites are shaded towards blue (whiny cowards) or red (warmongers) depending on their linking behavior.

Andy Baio, who's been working with Schachter on the project, describes it:]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/GWug3ApVO3E/">
<title>Getting The UnParty Started: Seesmic Lays Off 1/3 Of Staff</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/GWug3ApVO3E/</link>
<description><![CDATA[It's time to start slamming the reality of the Silicon Valley situation home to everyone. Seesmic founder Loic Le Meur lets seven employees go, he says, which is more than a third of the company. This comes on top of three employees let go a couple of weeks ago.

"We cut everything that wasn't outsourceable, core or absolutely necessary for the company."

Le Meur says the company isn't in dire financial trouble yet, noting he raised a $6 million round just a few months ago. But he's planning for a bleak fundraising future.

I am an investor in the company.]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/wT_s174RYr4/">
<title>Parallel Kingdom Set To Launch One Of First iPhone/Android MMOs</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/wT_s174RYr4/</link>
<description><![CDATA[

Since the launch of the iPhone App Store, we've seen a wave of geo-aware social networks that make use of the phone's GPS (or in the case of the original iPhone, pseudo-GPS).  Each of these apps aims to help facilitate social interaction by locating nearby friends, points of interest, or people you might be interested in meeting (but might not know yet).  There's little doubt that some incarnation of one of these apps will help shape the future of social networking, but there's still a huge geo-aware market that has yet to be tapped: Games.



Parallel Kingdom, launching at the end of the month, is set to become one of the first massively multiplayer online games (MMO) to hit the iPhone platform and Android platforms (both platforms will share the same in-game network).  MMO's have been tremendously popular on personal computers with mega-hits like World of Warcraft, and have proven to be lucrative with subscription models that feed off their addicting gameplay.  Parallel Kingdom is hoping to take this success to a mobile platform.]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/6TZeIjVB3go/">
<title>Elevator Pitch Friday: Palo Alto Software Makes Collaborative E-Mail Intelligent</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/6TZeIjVB3go/</link>
<description><![CDATA[

It's Elevator Pitch Friday, which means another startup has created a video that's worth showing you. This week's presentation comes from Palo Alto Software, a software company startup that wants to make it easier for organizations to manage and collaborate using e-mail, to save time and be more productive.

Palo Alto Software wants to make organizations more efficient, by taking community wide e-mail boxes, such as info,sales, or admin, and applying logic and analytics against them. For organizations that deal with large quantities of e-mail, managing that e-mail can become a task onto itself.  Palo Alto software's E-mail Center Pro automates this task, freeing employees up to focus on the content of the e-mail instead of just managing it. E-mail Center Pro is sold through a Software as a Service model, with pricing based upon e-mail volume. ]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/oXvVYNiaPCo/">
<title>MacBook Pros Riddled with Faulty Nvidia Graphics Cards?</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/oXvVYNiaPCo/</link>
<description><![CDATA[Apple has released a statement that may affect those of you with newer MacBook Pros with Nvidia GeForce 8600M GT graphics cards. Said graphics cards have been known to be faulty and may cause video to be scrambled or distorted.

]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/aUkW7E_KN4s/">
<title>Entellium Scandal Gives Ignition Partners a Black Eye</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/aUkW7E_KN4s/</link>
<description><![CDATA[

Just because you run a private company that does not have to file quarterly financial statements with the SEC does not make it okay to cook your books.  The CEO and CFO of Seattle-based CRM firm Entellium found that out the hard way. They were arrested by the FBI earlier this week for inflating their revenues and then lying to their board about it.  The company appears to be toast.  It fired two thirds of its staff of 60 people in Seattle, and its Website is down.  We are putting it in the deadpool.

The CEO, Paul Johnston, and CFO, Parrish Jones, kept two separate set of books. One they showed the board, and the other was the real one.  The fake one inflated revenues by $11.7 million over the past three years. For instance, in 2006 they told the board that revenues were $3,950,362, but they were really only $582,079.  In 2007, the fake revenue number jumped to $6,291,705, whereas the actual revenues were only $1,446,238.  This deception continued until September 26, 2008 when the VP of human resources, Melisah Wojtacha, came across the fake board books while cleaning out the desk of a former sales VP.]]></description>
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<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/W0bRddSHWUU/">
<title>Google Employees Watch In Horror As 60 Percent Of Their Stock Options Drown</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/W0bRddSHWUU/</link>
<description><![CDATA[

The entire stock market is taking another drubbing today, and Google is no exception.  Its shares tried to rally in the morning, but are now trading below the $329 they closed at yesterday.  That's a key price level Google employees are watching because a huge chunk of their options (1.7 million across the company) were granted with a weighted average exercise price of $329.78. The options are worthless under that price. In addition to that, there are another 5.7 million options that were granted at weighted average exercise prices of $450 and above.  (see table below).  All told, 61 percent of Google's stock options granted to employees are currently under water.

The rest of Google's stock options become worthless at the average exercise prices of $275, $177, and $21 (for pre-IPO employees, who don't have much to worry about).  All of these numbers com from Google's second quarter 10-Q and don't reflect any options that may have been granted in the third quarter.  (Google's third-quarter earnings announcement is next week). 

Only eight days ago Google's shares were trading at $411 and three months ago they were above $450.  In that time, a lot of paper wealth has disappeared and along with it incentive for many recent hires to stay.  ]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/ESBKtSQFYtI/">
<title>Real World Got You Down?  IBM Invites You To A Virtual Forbidden City.</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/ESBKtSQFYtI/</link>
<description><![CDATA[

Can't afford a ticket to China to go visit the Forbidden City?  Well, now all you need is your computer.  IBM, which is a big believer in virtual worlds, and China's Palace Museum have created an exact replica of the 178-acre Forbidden City.  After working meticulously for three years to recreate every building and thousands of major artifacts, the virtual Forbidden City is now available for download (for Windows, Mac, or Linux).  It's free, although, I warn you the Mac version, at least, is a massive 275MB file.  

Once inside, you can choose an avatar, dress him or her up in Qing Dynasty-era robes, take virtual tours, play Go with computer-controlled characters, call up maps, explore buildings and objects that allow you to click for deeper information.  The virtual world was built on a gaming platform from Garage Games called Torque.  ( I guess OpenSim wasn't good enough.  No word on whether it will be interoperable with Second Life).]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/838n-ahQnEM/">
<title>Mahalo Sets Out To Liveblog The World</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/838n-ahQnEM/</link>
<description><![CDATA[

When Mahalo launched about 16 months ago, we called it a human-powered search engine and began thinking of it as a Google competitor. But it's so-called "guide pages" for topics as diverse as the Boston Marathon and Patriotic Drunk Rednecks provide not only links but quick facts, making Mahalo an editor-driven, Wikipedia competitor as well. And with a new site-wide design launching today, Mahalo sharpens its focus on the news cycle and competes more directly with sites like CNN and a multitude of news aggregators.]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/2Cig0IASd0o/">
<title>Fitbit Raises Healthy $2 Million From True Ventures And SoftTech VC</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/2Cig0IASd0o/</link>
<description><![CDATA[

Fitbit, producer of a sleek little device that clips onto your clothing and tracks your movement throughout the day and night, has raised $2 million from True Ventures, SoftTech VC and several angels in what appears to be the company's first round of institutional funding.

The device, set to go on sale in early 2009 for $99 a pop, uses the information it gathers about your movement to help you determine how much exercise you've been getting and how many calories you've burnt. It can also tell you how many steps you have taken and how well you've slept, all based on its internal motion detector.]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/oK-L3Dcqw_Y/">
<title>An Ignoble But Much Needed End To Web 2.0, Marked By A Party In Cyprus</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/oK-L3Dcqw_Y/</link>
<description><![CDATA[In May 2007 I wrote "Times are good, money is flowing, and Silicon Valley sucks" in a post about how, in my opinion, Silicon Valley was ripe for a downturn.

This week, without any doubt, we got that downturn. It was different from the last downturn in that it wasn't driven by the crazy bullishness of Silicon Valley venture capitalists and investment banks. This time, Wall Street and our government screwed everything up all on their own while we minded our own business and acquired our own instead of going public at crazy valuations. 

So what exactly just ended? Easy capital to start. And that means already funded companies are going to tighten their belts in a big way, per the request/demand of venture capitalists like Sequoia Capital, Benchmark Capital and Ron Conway.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/Tf8pDyzH4vI/">
<title>Sequoia Capital&#x2019;s 56 Slide Presentation Of Doom</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/Tf8pDyzH4vI/</link>
<description><![CDATA[We were able to track down the presentation that Sequoia Capital gave to its portfolio company CEO's earlier this week (and so did VentureBeat). It's a long, 56 slide Powerpoint message of doom and gloom in Silicon Valley that we covered yesterday along with an email that angel investor Ron Conway sent to his 130 active portfolio companies.

The final text slide reads "Get Real or Go Home."

Benchmark Capital jumped on the band wagon today with their own email to portfolio companies. The messages are all similar - companies need to stay ahead of the curve as much as possible. Cut costs now, and raise capital if you can. If there's someone out there willing to buy you, do it. Etc.

Of course all this negativity helps create the very downturn that venture capitalists are warning their companies to defend themselves against, perpetuating a sort of vicious cycle downward. But that's ok, sometimes the hedge needs to be pruned. And this is what makes Silicon Valley its ugly, beautiful self.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/Techcrunch/~3/rMpfpNFuUiU/">
<title>Benchmark Capital Advises Startups To Conserve Capital, Look For Opportunities</title>
<link>http://feedproxy.google.com/~r/Techcrunch/~3/rMpfpNFuUiU/</link>
<description><![CDATA[Yesterday Sequoia Capital and Ron Conway communicated with their portfolio companies to guide them through troubled times. Today Benchmark Capital joins the fray, with what a source says is an email from General Partner Bill Gurley to their portfolio companies (See our interview with Gurley and new partner Matt Cohler from earlier this year).

Like the advice being given by Conway and Sequoia Capital, Gurley is urging his companies to remain calm, but get tight control of their finances, starting now. 

Gurley also says for companies to expect "across-the-board reductions" in valuations, and a tough market for raising money - "Basically, the cost of capital is going way up." Hedge funds are probably out of the picture for startup financings, he says, and corporate, strategic and angel money will decline.

Gurley also notes that major opportunities will become available to those who "play the game frugally." He says "The real key is to have a keen understanding of the game on the field and to be the one that adjests swiftly, rather than the one that moves after it's become blatantly obvious to everyone else it's time to move."

The full memo is below.]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/nWv1Uw5JzvA/3777421">
<title>Apple Shares Surge, Investors Like Valuation</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/nWv1Uw5JzvA/3777421</link>
<description><![CDATA[It's bargain hunting time.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/VlIETuSFpoM/3777416">
<title>AMD, HP, andl Innovation in Financial Crisis</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/VlIETuSFpoM/3777416</link>
<description><![CDATA[The parallels between how AMD, HP and the presidential candidates handle challenges reveal that crisis can be an opportunity to move forward.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/78p_ukK9ZBs/3777411">
<title>MessageLabs Buy a Headache for Symantec?</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/78p_ukK9ZBs/3777411</link>
<description><![CDATA[Some think competitive issues and potential integration problems will be a serious challenge, but Symantec brushes such concerns aside.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/Q3dZNh_3dIY/3777406">
<title>Technical Analysis: Historic Sell-Off</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/Q3dZNh_3dIY/3777406</link>
<description><![CDATA[The year-long bear market has produced historic oversold conditions that could suggest at least a break in the selling.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/DWObCKkjzqk/3777396">
<title>Dow Ends Worst Week Ever with Wild Swings</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/DWObCKkjzqk/3777396</link>
<description><![CDATA[The Dow ended the worst week in its 112-year history with only a modest loss on Friday, while the Nasdaq fared a little better.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/RpkDXbpAc-c/3777391">
<title>Choosing the Right High-Performance File System</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/RpkDXbpAc-c/3777391</link>
<description><![CDATA[With several high-performance file systems to choose from, we outline some of the options out there and which applications they may be best suited for.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/hkxQQgb6D50/3777386">
<title>YouTube to Carry Full-Length CBS Shows</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/hkxQQgb6D50/3777386</link>
<description><![CDATA[The move comes as the Google-owned video giant seeks to find ways to monetize its vast user base.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/9RoIJOK-jwg/3777371">
<title>FCC Set to Weigh In on White Spaces Feasibility</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/9RoIJOK-jwg/3777371</link>
<description><![CDATA[Regulators' report could support tech heavyweights like Google and Microsoft as they fight for unlicensed spectrum against big-name rivals in broadcasting and telecommunications.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/i0pMKng8H-I/3777351">
<title>Datacenter Dollars Seen as Steady Spend</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/i0pMKng8H-I/3777351</link>
<description><![CDATA[You might not be traveling as much but you'll be greener than Ireland on St.
Paddy's Day.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/wsKAjKDBbwk/3777336">
<title>Verizon Mulls Text Fee to Milk a Cash Cow</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/wsKAjKDBbwk/3777336</link>
<description><![CDATA[UPDATED: While text messaging is booming, the carrier considers increased prices for bulk delivery. Will it send commercial customers running?
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/XYE4rG15qKE/3777331">
<title>There&#x27;s Method Behind Zach Nelson&#x27;s Madness</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/XYE4rG15qKE/3777331</link>
<description><![CDATA[The CEO of hot SaaS firm NetSuite, has come a long way from his early ambition to be a doctor.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/LHrEM8EIMUo/3777276">
<title>Apple Updates to Fix Open Source Security Issues</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/LHrEM8EIMUo/3777276</link>
<description><![CDATA[Latest Apple security fix list tackles at least 15 flaws that could leave Mac users at risk.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/Dh9nwXUiITQ/3777286">
<title>Latest Linux Hits Networking Flaws</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/Dh9nwXUiITQ/3777286</link>
<description><![CDATA[New Linux release adds new functionality and overcomes an error that toasted early adopters.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/S_l7P_WW0gU/3777251">
<title>Alert Victim Helped Shell Nab Alleged Data Thief</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/S_l7P_WW0gU/3777251</link>
<description><![CDATA[Details fall into place in the wake of a suspected inside job.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/tmzlQXX_iIo/3777246">
<title>Android: One Mobile OS to Rule Them All?</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/tmzlQXX_iIo/3777246</link>
<description><![CDATA[Forget smartphones: Android could move into the far larger, low-end mobile market, sparking more change in an already turbulent industry.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/pkkFhXCJ1cI/3777231">
<title>New Pitch For Microsoft to Buy Yahoo</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/pkkFhXCJ1cI/3777231</link>
<description><![CDATA[A possible deal lives on, thanks for a small investor's pitch.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/jNLduGTyASc/3777131">
<title>Web Technology Cuts Mobile Calling Fees</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/jNLduGTyASc/3777131</link>
<description><![CDATA[Skype strykes again.
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/gOguadpG3Rc/3777126">
<title>Plunge in RIM&#x27;s Shares Could Attract Takeover Bid</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/gOguadpG3Rc/3777126</link>
<description><![CDATA[Would Microsoft really pay $34 billion for the company?
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/xOkpg9SAi1c/3777121">
<title>Oracle and SAP Keep Hammering Each Other</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/xOkpg9SAi1c/3777121</link>
<description><![CDATA[Are the vendors locked in a death dance? Or a war of attrition?
]]></description>
</item>

<item rdf:about="http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/4n0K7xXE9CQ/3777106">
<title>Technical Analysis: Deeply Oversold</title>
<link>http://feedproxy.google.com/~r/InternetnewsRealtimeNewsForItManagers/~3/4n0K7xXE9CQ/3777106</link>
<description><![CDATA[The stock market is as oversold as any in U.S. history, but it still needs buyers.
]]></description>
</item>

</rdf:RDF>