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Alfred Lin, the COO/CFO of Zappos, has left the company and will join Sequoia Capital. Lin was the no. 2 executive at Zappos at the time of its acquisition by Amazon, and has had a nearly flawless resume as an entrepreneur over the years. Every company he’s worked for has been acquired, and the [...]
Fri, April 9 2010 » Uncategorized » No Comments
Last August, we wrote about Y Combinator’s latest idea: RFS, or, Requests for Startups. Basically, this allows the incubator to lead entrepreneurs in a certain direction based on trends they think will be hot. Y Combinator then selects the best ideas based around these guidelines to fund. The latest RFS (number 6), throws down a [...]
Tue, March 2 2010 » Uncategorized » No Comments
Redfin CEO Glenn Kelman is an occasional contributor to TechCrunch. And when he does take the time to write a guest column, they are certainly worth reading. In this post he laments cheapskate founders who trickle tiny amounts of equity down to early employees, and presumably he’s taken his own advice with the now-profitable Redfin. [...]
Fri, February 26 2010 » Uncategorized » No Comments
Ah, the college library photo. Look through any school’s brochure, and there’s a good chance you’ll see photos of an ethnically diverse group of students pouring over the same math problem together, all of of them inexplicably grinning ear to ear. It’s a nice thought, but unfortunately it doesn’t happen all that often [...]
Sat, February 6 2010 » Uncategorized » No Comments
Social e-commerce company ThisNext recently raised a Series C round of $1.2 million, which we reported based on an SEC filing. The Santa Monica, CA startup has now confirmed the financing round and also announced that it has acquired smaller rival Stylehive for an undisclosed amount.
ThisNext set up an entirely new parent company, Curatemedia, which [...]
Mon, February 1 2010 » Uncategorized » No Comments
This is a guest post by Mark Suster, a 2x entrepreneur who has gone to the Dark Side of VC. He started his first company in 1999 and was headquartered in London, leaving in 2005 and selling to a publicly traded French services company. He founded his second company in Palo Alto [...]
Sun, January 31 2010 » Uncategorized » No Comments
In case it wasn’t obvious, being an entrepreneur is risky business. Even those that get investments have a relatively small likelihood of a successful exit. So early-stage investment firm First Round Capital has a plan to alleviate some of the risk: an entrepreneur’s exchange fund.
For those not aware, an exchange fund in this regard is [...]
Fri, January 29 2010 » Uncategorized » No Comments
