May 4, 2012 | Bloomberg News

Facebook, the world’s most popular social-networking site, is valuing itself at as much as $96 billion in an initial public offering, the largest on record for an Internet company. Facebook and its holders plan to sell about 337.4 million shares at $28 to $35 each, according to a regulatory filing today. At the high end of the range, the Menlo Park, California- based company would raise $11.8 billion,

May 2, 2012 | Forbes

The most amazing part of Andreessen Horowitz’s rise is the background of the two founders. Neither of Silicon Valley’s hottest venture capitalists had ever been a VC before, though each has dabbled as an angel investor. Andreessen is a technology wunderkind who at 23 co-created Netscap. Horowitz, 45, an early Netscape product manager, went on to serve as CEO for Opsware, the company he cofounded with Andreessen.

May 6, 2012 | MSNBC

Could the future of cleaner fossil fuel really be frozen crystals now trapped in ocean sediments and under permafrost? Backed by an oil industry giant, the administration recently tested a drilling technique in Alaska's Arctic that may eventually unlock "a vast, entirely untapped resource that holds enormous potential for U.S. economic and energy security." Some experts believe it could provide domestic fuel for hundreds of years to come.

May 3, 2012 | Pandora Daily

We’re hearing very credible rumors of a new trend in the venture capital world. One that, unsurprisingly, no one will talk about on the record. VCs are essentially paying “network rich, cash poor” entrepreneurs to act as independent angels or “deal scouts.”