Odds and Ends 

Why Silicon Valley needs more visas

Henrique Dubugras Photo courtesy of Flickr/jvoves While it might sound counterintuitive, immigrants create more jobs and make our economy stronger. Research from the National Foundation of American Policy (NFAP) has shown that immigrant-founded billion-dollar companies doubled their number of employees over the past two years. According to the research, “WeWork went from 1,200 to 6,000 employees between 2016 and 2018, Houzz increased from 800 to 1,800 employees the last two years, while Cloudflare went from 225 to 715 employees.” We’ve seen the same growth at Brex. In just one year…

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Odds and Ends 

Cloudflare reportedly gearing up for a $3.5 billion IPO next year

Cloudflare is reportedly preparing for an initial public offering with a potential valuation of more than $3.5 billion. According to Reuters, the IPO would take place in the first half of 2019 and be led by Goldman Sachs. This year is expected to be a strong one for cybersecurity stock debuts, thanks in part to increasing awareness of, and demand for, security and privacy services. Another cybersecurity startup said to be prepping for an IPO is CrowdStrike, which raised $200 million earlier this year on a valuation of $3 billion.…

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Odds and Ends 

Trolling the patent trolls

Dont feed the trolls, the popular wisdom goes. But with a new project, Cloudflare is taking things a little farther the company is trying to starve its trolls out by taking away their revenue. Patent lawsuits against tech companies are fairly common, and most companies will simply settle with their opponents rather than fund an expensive, lengthy legal defense. Because companies are quick to settle, patent lawsuits have become a lucrative way for litigants to make money. Trolls can buy technology patents for as little as a dollar, then use…

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