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...That’s because this practice of corner crossing has been for a long time in a legal grey area. It’s not clear whether it’s legal or illegal to corner cross....
...Even so, it is hard to overstate how unlikely a proposition a Silicon Valley defence company would have sounded to many tech investors even five years ago....
...But a few more solid companies coming to market at reset prices may help destigmatise the long-held psychological opposition to down-round financing that has become baked into Silicon Valley’s culture....
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...Silicon Valley Bank last year.”...
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...Lauren’s long-time friend, the director Steven Spielberg, knows this more than most. “The late Steven J Ross first introduced Ralph and I in the early 1980s and we hit it off immediately....
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...Om Malik, a tech journalist turned Silicon Valley investor, said that the mis-step highlighted how Big Tech companies such as Apple were “doing things that make them less likeable by the day”....
...The move also serves as an indication of a maturing corporate culture in Silicon Valley that could show the social media company is more willing to play by Wall Street’s rules....
...Or simply herding, with companies opting for the default choice of many in the Silicon Valley community....
...“Elon Musk has been terrible for a long time.”...
...Silicon Valley’s search for a consumer device to succeed the smartphone has revived an idea that crashed and burnt almost a decade ago: Google Glass-style headsets....
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