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Ferret Finds $4M For AI Tools

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Los Angeles-based Ferret, a startup working on artificial inteligence software to help people determine who they can trust, has raised $4M in a seed funding round, according to the company. The company said it was founded by Rob Loughan (former founder of Octane Software) and Al MacDonald (CEO of NominoData).

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Nexon Boosts Social Games Firm A Bit Lucky

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Nexon said it will gain a seat on A Bit Lucky's board, with David Lawee, head of M&A at Google , and Andrew Trader , part of Zynga 's founding team, also joining as advisors.

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Angel Funding Advice

Both Sides of the Table

This is part of my ongoing series Pitching a VC. Quick caveats: having fewer investors (3-5) is better than many investors (10-15) and PLEASE make sure you hire a great lawyer who has experience in doing start-ups to avoid pitfalls that will make VC harder down the line. They might be as hard as raising VC.

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