Valleywag is Gawker Media's new San Francisco/Silicon Valley gossip site. "Silicon Valley gossip site?", you sputter between cold mouthfuls of Heinz teeny beans you were too lazy to cook -"are these why my pee smells like the blue slurppee machine at the 7-11?"
Probably, we say in disgust. Valleywag explains itself thusly:

"Well, where there's money, there's excess, and where there's excess, there's gossip. And there's now a lot of money again in Silicon Valley. Oh, and let's not forget Google. Did you know that Marissa Mayer, the anointed queen of Google, used to go out with Larry Page until quite recently? And no one ever ever writes that. So that's why."

That's right, watch out, people we've never heard of.
Anyway, this particular rocket ship is being piloted by Nick Douglas, formerly of Blogebrity, who we thankfully don't have to be nice to anymore lest we endure having our ego caved in by being labeled "c-list", and is a pretty brisk read right out the gate. Check it out, if you would.
Valleywag