avatar
Internet, Finance

Magazine Preview: High-Tech Home


After the bust, tech incubators went out of style, declining in number from 50 or so across the United States to just a handful today. But the new and improved model suggests that a place where young, pocketbook-conscious entrepreneurs can share office space is a good idea, especially with the tech resurgence. At Plug & Play Tech Center, the brainchild of brothers Saeed Amidi and Rahim Amidi, Silicon Valley entrepreneurs can focus on innovation, as the center takes care of the grunt work like accounting and preparing hot meals. The 150,000-square-foot building in Sunnyvale, California, houses some 86 startups, from Web 2.0 hopefuls to open-source software developers, and the waiting list only grows. Meanwhile, Valley VCs are paying attention to the promising tenants who make the one-year-old incubator their home. Turns out, the Amidis have proved particularly shrewd when it comes to spotting hopefuls, having previously rented office space to Google in its formative years and invested in another early renter, PayPal. Read all about Plug & Play in the Red Herring feature "High-Tech Home," as part of our special double feature issue "A Tale of Two Valleys" on newsstands Monday. Here's a peak at the rest of our lineup:
  • In "Free the Music," we look at how Terry McBride, co-founder and CEO of Nettwerk Music Group, wants to rid the online music industry of anti-copying software and legalize a peer-to-peer file-sharing system.
  • "Cheap Tricks" examines how enterprising scientists are modifying existing, but expensive, brand-name drugs to bring a new breed of affordable treatments for ills like Hepatitis C closer to commercialization.
  • In "Hanky-Panky," read about how hedge funds "borrow" shares from a company and use them to influence performance, a practice a new study calls "vote-buying."
  • "A Tale of Two Valleys" details how the good times are back in Silicon Valley, but not everyone is partying.
  • In "Sex, Bandwidth, and Video Sharing" we look at how the popularity of YouTube clones has led to a spike in demand for China's content delivery network providers.
  • "Vision Problem? " examines how one of India's richest men, Wipro CEO Azim Premji, is trying to turn his outsourcing giant into one of the world's largest technology companies.
  • And the battle between Google and PayPal parent eBay over online payments is reaching fever pitch, Sunshine Mugrabi reports in "Google and eBay at War."
This is the kind of in-depth reporting and analysis you'll find in the print edition of Red Herring. Sign up for your subscription today!

To view the issue now, you may purchase the digital version after 2 p.m. EDT Monday, February 19, by clicking here.