secondary

Andreessen Horowitz has invested more than $80 million in Twitter via purchasing stock in private secondary markets.

When called about it by BoomTown, a spokeswoman at the high-profile Silicon Valley venture firm confirmed the purchase.

To be clear, Twitter does not get this money--early investors and employees able to sell their privately held Twitter shares do.

Buying into the secondary markets--which have recently attracted some controversy and regulatory scrutiny--has become a common way for VCs to invest in a hot start-up without a complex and competitive funding bake-off.

The move is an interesting one, since Andreessen Horowitz was not part … Read more

Facebook formally sliced up its stock in a 5-for-1 division on Friday, a move designed to keep the price of individual shares lower as demand for the privately owned Facebook on secondary markets has been driving it upward.

"The reason is that the stock has risen significantly since our last split, and this allows us to bring it into a similar price range as other private companies," Facebook spokesman Jonny Thaw told CNET. "It also allows us to give everyone larger stock unit grants without increasing dilution for shareholders."

It's the third time in Facebook'… Read more

This timekeeping tool has limitless possibilities for both teachers and administrators. Educators can plan their schedules down to the most finite details with this exhaustive program.

aSc TimeTables has an attractive, colorful interface, resembling newer versions of Microsoft Word, but it's not so intuitive. Thankfully, the program has an excellent tutorial that we found necessary to watch in order to understand how to get started. There is also a Help tab that provides users with many resources for further information. The wizard feature made creating a timetable very easy. Users can create and customize all the necessary variables: school, … Read more

Call us eternal optimists, but perhaps companies are starting to figure out that digital photo frames are among the most use-challenged inventions of the digital age. In recent months manufacturers seem to have begun trying to add functions that might actually make them worthwhile, whether they've built in a Webcam or used them for something like the "PhotoPhone," which displays a picture of the person who's calling.

Asus too seems to understand the concept, as it has introduced a 7-inch LCD frame with a "sub-display" feature that can turn it into a secondary screen … Read more