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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Booyah – Develops a location based service platform that pairs the virtual world with mobile gaming. Founded in October 2006 by Jonah Peretti (co-founder of Huffington Post). OTHER DEALS: 1.

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Interview with Mark Sylvester, Likeabilitee

socalTECH

They had been recommended as a preferred provider for Facebook application developers, but it didn't work. Every good entrepreneur dreams really big, and we're planning on having 1 percent of 37 million brands on our platform. We were even funded back in 2006 by Adobe, to move over to Flex. We're using Elastic Beanstalk.

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Entrepreneurs Should be Respected, Not Loved

Both Sides of the Table

Back in 2006 Facebook made a conscious decision to encourage the platform ecosystem even if it meant creating large businesses like Zynga (Slide & RockYou were the initial big players) that could make a lot of money off of Facebook. . &# Why should these guys get uber rich off of our backs?&# Facebook took the long view.