Question of the Week: Deal or No Deal on Debt Ceiling Compromise?

By Luisa Beltran — 5 years ago

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A compromise to raise the debt ceiling is starting to look unlikely as we stare down the Aug. 2 deadline. Democrats and Republicans continue to spar like angry children.

Lack of a compromise could produce dire consequences. Without a deal, the U.S. could be downgraded and a default could send the country into another recession (and possibly doom Obama’s


Social Scene: Hard-to-Get Seats at Obama’s Facebook Town Hall, Foundry Dudes Rock a New Band, 13-Year-Old’s Entreprenurial Spirit Inspires

By Lawrence Aragon — 5 years ago

In this week’s Social Scene, VCs and techies scramble for tickets to President Obama‘s town hall meeting at Facebook, Ryan McIntyre and Jason Mendelson are rocking a new band, David Hornik‘s son shows entrepreneurial fire at 13, Leglise, Higginbotham and Kim get ready to celebrate their birthdays, and lots of clever tweets.

The biggest news in Silicon Valley this week was President Obama’s town hall meeting yesterday at Facebook’s headquarters in Palo Alto. CEO Mark Zuckerberg donned a white dress shirt, tie and suit jacket for the occasion, but he couldn’t be talked out of wearing jeans and running shoes. (What is he, 12?) About 500 Facebook employees


In Health Care Investing, Some VCs See Opportunities

By Mark Boslet — 5 years ago

A lot has been said about the health care reform shepherded by the Obama Administration and passed by the 111th Congress–both good and bad. In venture, there is an uncertainty over how the legislation will unfold and which startups will have the best chance of prospering. Some believe efforts and technologies to migrate retirees to […]