• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire
TechData Sheet

Data Sheet—Tuesday, April 5, 2016

By
Heather Clancy
Heather Clancy
Down Arrow Button Icon
By
Heather Clancy
Heather Clancy
Down Arrow Button Icon
April 5, 2016, 8:28 AM ET
Add Fortune on Google for similar content.

Your regular host, Adam Lashinsky, is on assignment. Erin Griffith is a writer at Fortune.

Just over a year ago, Mark Cuban declared in a not-at-all hyperbolic blog post that we’re in a tech bubble worse than the dotcom bubble of 2000 because poor angel investors (who are still required to be accredited investors with $1 million in the bank) don’t know what they’re in for when they buy illiquid startup stock.

Now he’s worried about the exact opposite: Poor startups will have their creativity and growth stifled if the SEC starts messing with their valuations. SEC chair Mary Jo White recently expressed concern over inflated private company valuations and their lack of transparency, a concern that Cuban dismisses. “They’re private companies,” he told CNBC. “What do they need to be more transparent about?” I dunno, maybe telling those poor angel investors what they’re in for?

Cuban, of course, is a thought leader, a distinction that the Ellen Pao trial taught us is required for success in venture capital. I’ve noticed lately that many venture capitalists have realized that if they can’t star in a reality TV show, they can thought lead by making up a new animal metaphor. It worked for Cowboy Ventures’ Aileen Lee, who came up with the original “unicorn” term, though I’d argue “unicorn” never would have caught on if she hadn’t published it alongside a seminal market analysis full of data.

Every week there’s a new animal: The latest is the cockroach, a startup that can survive a nuclear war. But there are also black swans, centaurs, and ponies. Someone is trying to make dragons happen. They’re torturing the metaphor to death. We’re even at the point of having actual debates over whether Fitbit is a unicorn or a dragon.

Of course, Silicon Valley has always been a place of mysticism. Recall that when Airbnb CEO Brian Chesky first arrived, he thought everyone believed in angels.

I should be clear: I fully embrace this silliness. In fact, I’d argue the best thing to come from the Age of Unicorns is that we’re now using animals to talk about business instead of clichéd war and sports analogies. So block and tackle away in the trenches. Feel free to hit singles and doubles instead of home runs. To the angels among us in Silicon Valley, you’re either a unicorn or a cockroach.

Erin Griffith
@eringriffith
Erin.Griffith@fortune.com

This essay is part of Griffith’s ongoing series about startups, “A Boom with a View.”

 

BITS AND BYTES

Two high-level Intel execs depart. Doug Davis, who leads the company's relatively modest Internet of things division, will retire later this year and there is no apparent successor (yet). Meanwhile, Kirk Skaugen, head of Intel’s massive $34 billion client computing group that includes phone, tablet, and PC platforms, is leaving for an undisclosed post elsewhere. One of his chief lieutenants, Navin Shenoy, is taking over. (Fortune)

Nutanix updates IPO documents. The company, which makes data center storage hardware, submitted paperwork for an initial public offering back in December but pushed pause because of the stock market turmoil. Now it has revised its SEC filing with fresh revenue numbers, suggesting that the wheels are in motion again. (Re/code)

Salesforce swallows up another artificial intelligence startup. Its latest disclosed acquisition is MetaMind, which is applying machine learning software to applications such as image recognition and language processing. The cloud giant last month bought PredictionIO, which uses artificial intelligence to speed software programming. (Fortune)

Former HP exec takes over CEO job at 3D Systems. Vyomesh Joshi, who was with the pre-breakup Hewlett-Packard for three decades, led the printer division before retiring in 2012 during a big reorg. In an interview with Re/code, Joshi said addressing product quality and operational issues will be his top priorities at the struggling 3-D printer company. (Re/code)

Brocade spends $1.5 on next-gen wireless technology. The network equipment company Monday made a stock-and-cash offer for "hotspot" company Ruckus Wireless. One of the company's high-profile projects is the free citywide network blanketing New York. (Fortune)

Tesla misses first-quarter target. The electric car maker is booking record-making preorders for its latest addition introduced last week, the Model 3, but its current-day delivery record isn't as impressive. Tesla shipped just 14,820 vehicles from January to March, shy of its 16,000-car projection. It blamed supplier shortages. (Fortune)

Amazon debuts payments services, hints at Kindle debut. The e-commerce giant is positioning its own payment processing services as a PayPal alternative. It has already convinced Southwest Airlines and in-flight Wi-Fi service provider GoGo. Meanwhile, CEO Jeff Bezos hinted Monday about the company's latest e-reader in a series of tweets. This will be the eighth generation of the Kindle device. (Fortune, Fortune)

THE DOWNLOAD

Facebook uses artificial intelligence to describe photos to the visually impaired. In its relatively short life, Facebook has grown more and more visual; its users upload and share some 350 million photos every day. The social network says that evolution has made its platform a more “fun and expressive way” to communicate. It has also marginalized a subset of its users: the blind. This morning, Facebook introduced new technology to help bring that group back into its fold. (Fortune)

IN CASE YOU MISSED IT

Microsoft wants to charge for email features by Kia Kokalitcheva

Why Goldman Sachs, AmEx, and Citi just funded a machine learning startup by Heather Clancy

Apple shares rise on Credit Suisse analyst report by Lucinda Shen

Google woos mobile health apps developers by Barb Darrow

Toyota, Microsoft create data analytics service for connected cars
by Kirsten Korosec

TSA paid IBM big for that app to get you through security by Don Reisinger

Drone makers create new lobbying group by Clay Dillow

ONE MORE THING

Steve Jobs' widow is using his fortune to fix education. Laurene Powell Jobs has committed $50 million to XQ: the Super School project, which is a national competition seeking ideas for changing the high school learning process. So far, there have been 10,000 entries. The plan is to fund five of the ideas. (Fortune)

This edition of Data Sheet was curated by Heather Clancy.
@greentechlady
heather@heatherclancy.com
About the Author
By Heather Clancy
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

fire
Europeclimate change
Greece tackles climate change wildfire risk with satellite network that can spot a blaze the size of a parking space
By Derek Gatopoulos and The Associated PressJune 26, 2026
1 hour ago
AI boom may be on its last legs amid stock volatility and dash for cash—but will go out in a blaze of glory with ‘blow-off phase’ before bubble pops
AItech stocks
AI boom may be on its last legs amid stock volatility and dash for cash—but will go out in a blaze of glory with ‘blow-off phase’ before bubble pops
By Jason MaJune 26, 2026
3 hours ago
m
LawMeta
‘Careless People’ author claims Meta surveilled her for a year to enforce her silence
By Barbara Ortutay and The Associated PressJune 26, 2026
3 hours ago
apple
Big TechApple
Apple blames inflationary effect of AI for price hikes: ‘We have never seen a component price increase this much’
By Barbara Ortutay and The Associated PressJune 26, 2026
3 hours ago
John Collison, president and co-founder of Stripe
SuccessJobs
Stripe cofounder says Gen Z will need two college majors to compete thanks to AI—and investing legend Charlie Munger called it first
By Emma BurleighJune 26, 2026
4 hours ago
young woman looking frustrated while working on her laptop at home
SuccessCareers
Gen Z’s hiring hell is real: 1 in 3 employers admit they’re replacing entry-level roles with AI—and tech and manufacturing jobs are most at risk
By Preston ForeJune 26, 2026
4 hours ago

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
1 day ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
2 days ago
Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire
Economy
Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire
By Nick LichtenbergJune 26, 2026
12 hours ago
Trump turns on Big Oil donors who spent nearly $100 million to get him elected—now he wants the DOJ to investigate them for price gouging
Economy
Trump turns on Big Oil donors who spent nearly $100 million to get him elected—now he wants the DOJ to investigate them for price gouging
By Tristan BoveJune 25, 2026
22 hours ago
The bond market knows something about the $39 trillion national debt that Washington doesn’t
Economy
The bond market knows something about the $39 trillion national debt that Washington doesn’t
By Eva RoytburgJune 25, 2026
21 hours ago
Current price of oil as of June 25, 2026
Personal Finance
Current price of oil as of June 25, 2026
By Joseph HostetlerJune 25, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.