While we lived in the Bay Area during the tech boom, we basically starved through the whole thing and lived off the kindness (and booze) of our $80k-a-year-making friends who are all now just as poverty-stricken as we are. This makes us bitter, as we're broke and we no longer have friends who throw high-grade illicit pharmaceuticals around with reckless abandon. With that in mind, we're pleased to announce Gawker's new SiliValley-encompassing electro-rag, Valleywag, featuring Blogebrity-type Nick Douglas at the controls. Think of him as Mikey Dread, but without the fried chicken or reggae. Or don't.