Silicon Pixlr

Silicon Valley Spends Money On people Whereas Asia Does It On Marketing

Companies  In Silicon Valley will raise huge funds to order to employ ‘gray hairs’. Some examples of this are: Google hiring Eric Schmidt as Adult Supervision; Steve Jobs had convincing John Sculley to run Apple on his behalf. Other examples include Yahoo’s aggressive hires; Uber's hire of Andrew Chen; Facebook taking away Google employees, and more.  It’s no surprise that
Read more

Foodpanda Raises US$100M Funding

Mobile food delivery app Foodpanda on Friday announced raising of fresh funds to the tune of $100 million (about Rs. 635 crore) in a financing round led by Goldman Sachs. Existing investors, including Rocket Internet SE, also participated in the round. As part of the financing round, Goldman Sachs Investment Partners will join the advisory board of Foodpanda. The company will
Read more