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BetterWorks Shutting Down On May 31st

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In what is a huge blow to Silicon Beach, Santa Monica-based BetterWorks , the software-and-technology-meets-employee-perks startup run by Paige Craig, told its users today that it is sunsetting its site on May 31st. BetterWorks had raised $10M in funding from Redpoint Ventures. READ MORE>>.

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Interview with David Aronchick, Hark

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Last week, we talked with Fouad ElNaggar of Redpoint Ventures about some of the interesting companies in Southern California. One of those he mentioned was Hark (www.hark.com), an online site which allows users to find and share sound bites and audio clips from movies and elsewhere. David Aronchick: We started about three years ago.

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Chill Raises $8M More

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Los Angeles-based Chill , the social video sharing and chat site led by Brian Norgard, has raised another $8M in funding, the firm said today. The firm says it now has over 18 million registered users, and that it will use the funding to accelerate development and distribution of its platform. READ MORE>>.

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Another topic we debated early in the program was “lean startup” vs. “ fat startup ” where we both took the obvious hedge and said “it depends.” But truthfully both Dana and I are more aligned with the lean startup principles and believe you only go FAT when you’ve really proved out your product / market fit. Time will tell.

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SRCH2's Plan to Arm The World With Enterprise Search Technology

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In the arms race of search technology, only the big guys -- Google, Microsoft -- seem to be able to keep up with all of the innovations in the space. We caught up with CEO Dev Bhatia --a serial entrepreneur who''s been involved with such companies at Hotsocket, Screaming Media (IPO), and Yoyodyne (acquired by Yahoo)--to learn more about.

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Interview Ian Rogers, TopSpin Media

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Ian Rogers is the CEO of Topspin Media (www.topspinmedia.com), a venture backed, Santa Monica-based startup developing web applications for the music industry. Topspin is backed by Redpoint Ventures and The Foundry Group. Ian Rogers: To be clear, I started a year ago in June, and had left Yahoo in April.

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This Week in VC Episode 6 with @Jason Calacanis: Best One Yet

Both Sides of the Table

We’re staring to get the hang of how to divide the show up into talking about deals but also talking about issues for entrepreneurs during funding. Nevertheless, if you share too much in your funding process or meet too many VCs expect a certain amount of your ideas to spread around the startup community. They also avoid Reg D.