Archive for May 14th, 2009

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Do startups need VCs?

May 14, 2009

No. They’re not going to fund your ass if you are not in their clique anyway.

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Sony slumps hard

May 14, 2009

Bye, bye Sony:

Sony Corp. said it lost 98.9 billion yen ($1 billion) in the fiscal year through March, its first annual net loss in 14 years. It projected it would lose even more money this year amid a serious slump in consumer demand for electronics goods.z