The StartUp Beat: 2/26/07
-Today’s SoCalTech includes an interesting interview with Jake Weinbaum, CEO of Business.com, and founder of the Santa Monica-based eCompanies incubator back in 1999. Businesses spawned from eCompanies investment and guidance include Jamdat Mobile (aquired by EA), Business.com and Boingo Wireless. Here’s the interview: Interview with Jake Weinbaum, CEO of Business.com
-Although this article is not about a Southland-based company, it is a fascinating account of the huge decisions confronting Facebook over the next year or so. Facebook is no doubt in an enviable position in the world of startups, especially for one started by a college student. However, when figures close to $1 billion are being offered (the acquisition price Yahoo! was rumored to have offered Facebook last year), the stakes become extremely high for all involved: Facebook.com faces dilemma: build or sell(reg. required)
