4 posts and columns on Treasury Department

Now Is the (Larry) Summers of Our Silicon Valley VC: Economic Guru Joins Andreessen Horowitz as “Special Advisor”

in News on June 29, 2011 at 3:00 pm PT

In an unusual appointment for the longtime public servant, former Treasury Secretary Larry Summers will join Silicon Valley venture powerhouse Andreessen Horowitz as a part-time “Special Advisor.” Summers got to know the firm with an assist from Facebook COO Sheryl Sandberg, who was a student of his when he was a professor at Harvard University.
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Venture Industry Cool to Easing Rules on Private Company Stock

in News on April 11, 2011 at 3:17 pm PT

News that the Securities and Exchange Commission is considering easing limitations on the sale of stock by private companies is a further sign that the Obama administration is conducting a sweeping review of the ability of growing, young businesses to tap capital markets.

Exclusive: Facebook Poaches Yet Another Major Googler–This Time, Ad Exec David Fischer [UPDATED]

in News on March 26, 2010 at 8:19 am PT

David Fischer–who was VP of Global Online Sales & Operations for Google and more recently was heading up its local efforts–is taking a job at Facebook as VP of Advertising and Global Operations, according to sources. The move by Fischer–which was also just announced internally at both Google and Facebook and has just been confirmed by Facebook–is yet another in a series of top execs at the search giant to defect to the fast-growing social networking site. And it will surely raise tensions between the companies, which are increasingly becoming rivals in several major Internet arenas and opposing poles of power in Silicon Valley.

Cue Anti-Ullyot Facebook Groups in 3 … 2 … 1

in News on October 1, 2008 at 6:52 am PT

“Ted has extremely strong connections with the Republican party, and we think that’s a good thing.” That’s what Elliot Schrage, Facebook’s vice president of communications and public policy, had to say about Ted Ullyot, who joins the company as its vice president and general counsel this month.