TechFlash: Y Combo's Graham steps aside; Unicorn factory Sequoia has more coming

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February 21, 2014

Paul Graham hands Y Combinator reins to Sam Altman Y Combinator co-founder Paul Graham is stepping back to let Loopt founder Sam Altman take the lead at the prestigious accelerator. Unicorn factory Sequoia has more coming after WhatsApp Sequoia Capital has been in the spotlight this week after being the only VCs to invest in the biggest venture-backed company sale ever, Facebook's $19 billion acquisition of WhatsApp. New Sunnyvale accelerator offers $1M to hardware startups A new hardware startup accelerator has launched in Sunnyvale, offering $1 million in funding and services to companies it accepts. Peter Thiel on income inequality, globalization and WhatsApp Peter Thiel, the billionaire PayPal co-founder and libertarian venture investor, on Thursday shared his thoughts on the roots of U.S. income inequality and offered some sideways praise for WhatsApp fo ... Fashion startup Poshmark's founder explains why mobile is eating his industry — and all of retail Manish Chandra, CEO of Poshmark, made a big bet on mobile when he launched his used-clothing e-commerce service. Poshmark launched with just an iPhone app, whereas most e-commerce plays start on the W ... More founder & funder news San Francisco rides high on tech, but how much is too much? - San Francisco How did Groupon's year without Andrew Mason go? Well… Meet Philo, one Internet TV service the networks love Local-TV streamer Aereo is blocked in Colorado ahead of Supreme Court date - Denver Atlanta leaders to visit Silicon Valley, hoping to learn and lure venture capital - San Francisco

Cromwell Schubarth Senior Technology Reporter cschubarth@bizjournals.com 408.299.1823 Connect with us SVBJ Tech News Google buys Spider.io, strengthening anti-ad fraud team iStamp? Steve Jobs will be on 2015 postage stamps Facebook's WhatsApp faces tough Asian rivals

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