Here’s the latest action:
Pierre Lamond’s departure from Sequoia: It’s complicated — The famed venture capitalist left top investing firm Sequoia Capital earlier this week to join fellow investor Vinod Khosla — but his defection doesn’t appear to have been as amicable as it first appeared, and the relationship between Lamond and Khosla is still [...]

Here’s the latest action:


Pierre Lamond’s departure from Sequoia: It’s complicated — The famed venture capitalist left top investing firm Sequoia Capital earlier this week to join fellow investor Vinod Khosla — but his defection doesn’t appear to have been as amicable as it first appeared, and the relationship between Lamond and Khosla is still being sifted out, according to peHUB.



A bad new record
— It’s official, the market has fallen further and faster than it did in the Great Depression.



Facebook terms of service debate not affecting growth — While a substantial number of Facebook users read the revised terms after the changes were extensively covered by the media last month — and the number of deactivations increased — Compete finds that overall growth has continued upward.



Clearwire doesn’t see profits anytime soon
— The company discusses its continuing losses here.



Mahalo founder Jason Calacanis hired a hacker-felon by mistake, but defends his decision
— More on his blog and Techmeme.


Blogger Robert Scoble out at Fast Company — He’s in the middle of negotiating something else, he says.


Sumner Redstone subpoenaed over suspect Miday Games bankruptcy dealings — Court documents here.



Zoho releases version 2.0 of its word processing software
— The company talks about the changes here.


Facebook loses a business development leader — Gawker has the scoop.


MySpace, PhotoBucket see traffic drop — Hitwise has more.









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