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Tag Archives: venture capital
How Does Twitter Spend its VC?
Fred Wilson had a blog post recently in which he talked about online business models, and how that operating costs are as important as revenue. He pointed to companies such as Craigslist that have few employees but huge sales, while a company such as Digg employs more than three times as many people – 70 [...]
More Money for Twitter
While Twitter is still struggling to come up with a business model, it doesn’t seem to be having trouble getting money from investors. TechCrunch suggests that Twitter is going to raise another another round of financing at a $250-million valuation – half of what apparently Facebook offered a few months ago. TechCrunch believes the round [...]
TweetDeck, Identi.ca Attract Investment
Amid the current credit crunch, it’s encouraging to see that microblogging services are still able to raise some venture capital – albeit small rounds. TweetDeck, which has established itself as one of the leading Twitter desktop clients (I’m a big fan!) has raised about $500,000 in seed capital from Betaworks, while Montreal-based Identic.ca, an open-source [...]
Please, Take Our Money!