Tag archive: Max Levchin

While we were all paying attention to Steve Jobs stepping down from Apple, Google pulled the plug on Slide, the social networking apps company that it purchased last year for $200 million. The shutdown will result in the termination of nearly all Slide projects Slide operated primarily as an independent company, with Google there to back it up. Leading the way at Slide was Max Levchin, who famously founded PayPal. AllThingsD reports that… Read More

Social networking developer Slide—perhaps best known for hts FunSpace and Top Friends social networking applications—has inked a deal with major media companies to distribute video content on the popular social networking site Facebook via a new application called FunSpace Channels. Partners include Warner Brothers, CBS Interactive, and Comcast's E! Entertainment channel—plus Hulu, the online video joint venture… Read More

It’s 10 years since the concept became concrete. The idea was simple enough – letting customers pay online merchants easily, without revealing personal details, and at the same time letting merchants receive payment quickly. And so PayPal was born. Along the way, as well as helping people, it’s made its founders rich, to the tune of the $1.5 billion eBay paid to acquire the service six years ago. The company was put… Read More

Back in the pre-crash days of the dot-com revolution, it was possible to tell which technologies and sectors were hottest by keeping track of where venture capitalists and financial institutions invested their money. These days, all the buzz seems to be around social networking, and investors seem to be willing to put their money where their buzzers are: Facebook application developer Slide has managed to raise $50 million in a round of… Read More