It’s almost a cliché that great Silicon Valley entrepreneurs don’t go sit on a beach when they make a lot of money, they get back to work building another company or at least investing in other people’s companies. But what did eBay founder Pierre Omidyar do? Moved to Honolulu where he can be found sitting on beaches. But don’t let the top line narrative fool you, Omidyar hasn’t just been looking at sunsets all these years. He’s been busy making good on his commitment to give away some 99% of his multi-billion dollar fortune and lately has been launching Peer News, a new kind of online news service that won’t have reporters or articles in the classic sense, nor will it allow anonymous comments or make money off advertising.[Read more...]