RealNews

Start-Up Aims to End Spam

Silicon Valley is continuing to hemorrhage thousands of jobs, but there are some here who say that the time has never been better for creating a start-up company. On Monday, Phil Goldman, whose career as a software designer has included stints at Apple, General Magic, WebTV and Microsoft, will introduce a service that he says will permanently end e-mail spam for consumers who are being driven to distraction by unsolicited pitches for diet schemes and offers of great wealth from Nigeria. Mr. Goldman, 38, who is self-financing his company, Mailblocks, said that the falling cost of new technologies and the slumping technology economy are making it relatively easy to enter new markets. “It’s incredibly inexpensive to buy computers, and network bandwidth is essentially free and there is surplus equipment,” he said. At the same time, innovation has been frozen because Silicon Valley’s venture capitalists are largely sitting on the sidelines. Full Story

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