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MTV Buys Social Project

socalTECH

Santa Monica-based Social Project--which was once known as Tagworld--has been acquired by MTV Networks, MTV said Monday. Financial terms of the acquisition were not disclosed. Social Project is behind the development of Flux, software which allows web publishers to create their own social networking web sites.

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This Week in Venture Capital – Episode 3

Both Sides of the Table

Our “hot deal of the week&# turned out to be more of the “hot theme of the week.&# P2P lending networks are revived and brought it a whopping $40 million in investments announced recently. Investors: True Ventures, Social Leverage (Howard Lindzon). The build “implicit social networks.&# Other deals.

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2011 May be the Year of the IPO for Social Media

Startup Professionals Musings

Draper III, in his new book titled “ The Startup Game.” According to Draper, in addition to the above Rule Number One, there are many other questions that need to be answered before a CEO should recommend to the board that it is time for an IPO: Do you really need the money? Do you need the IPO for your acquisitions strategy?