Amid a backlash against foreign investors, some executives are banned from leaving the country
The Camry, last overhauled for the 2011 model year, just got another face-lift
Laws require companies to pay state taxes on sheltered profits
Financial filings reveal the pay package Henrique de Castro received upon exit from the company.
Wal-Mart's new money transfers shows how the retailer can use its reach to push down costs
Skipping Rocks Lab develops a green alternative to all that plastic
Alessandro Borgognone wooed Japanese chef Daisuke Nakazawa to open the four-star New York eatery
Administrators quashed their food delivery service. Now they're focusing on other colleges
Prices are low, but there’s plenty of red tape
Paul Graham, 45
Co-founder, Y Combinator
No. of Angel Investments: 129
Companies funded (a sampling): Bump Technologies, FanChatter, Heyzap, Justin.tv, Scribd
The Harvard math PhD turned entrepreneur is one of the most active angel investors in Silicon Valley, through the innovative incubator he co-founded in 2005, Y Combinator. Twice a year, Y Combinator invites a group of fledgling entrepreneurs to come to Silicon Valley and participate in its three-month incubation program. Seasoned entrepreneurs help develop the ideas, and they also have weekly dinners where founders such as Facebook CEO Mark Zuckerberg drop by and give their advice. To date, Y Combinator has financed such startups as Scribd, Reddit, and Loopt with small stakes of $17,000 to $20,000. "Our goal is to make starting a startup one of the standard alternatives that ambitious people consider," Graham said in a telephone interview.