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Betterworks Raises $1.5M

socalTECH

Craig has recruited the co-creater of Zynga's Farmville game, Sizhao Yang, as well as George Ishii, who was co-founder of Geni.com and Yammer, as co-founders. BetterWorks looks to be scaling up dramatically; the firm currently has eight open positions listed on its web site for everything from engineers to marketing director.

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This Week in Venture Capital – Episode 3

Both Sides of the Table

Investors: Foundation Capital (lead), with existing investors: Morgenthaler Ventures, Norwest Venture Partners, Canaan Partners. Investors: FirstMark Capital (Amish Jani)(lead), with existing investors: Accel Partners, Bessemer Venture Partners, First Round Capital, Reid Hoffman. Online peer-to-peer lending. 14.7mm in Series D.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

-The Scott Sanfilippo Interview Media Optimization Firms Are Red Hot In Southern California in 2009 Proliferate - Aggregate - Integrate Startups Uncensored #4 - “Finding and Working with Partners” SoCal VC’s absent from Forbes Midas List Top Five Best Uses of an Entrepreneur's Legal Dollars What Data Crunchers Did for Obama An Evaluation of Web Strategy (..)

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venture capital firm with offices in New York and Los Angeles. Gilt Group is currently the largest private sale web site in US. Configurable from desktop-based web-based UI. Note that I’m not defining who numbers 1,2 are. Time will tell.

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What Makes an Entrepreneur (3/11) – Ability to Pivot

Both Sides of the Table

Geni.com beget Yammer. They came to me 2 years ago with their company, GumGum , and were trying to raise an A round of capital. They had also raised money from Howard Morgan at First Round Capital who if you check out his bio you will see is legendary. Seemic (now a Twitter client) was originally a video blogging platform.

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Is WebEx “Dead Man Walking?”

Both Sides of the Table

This week I was preparing for my weekly This Week in Venture Capital web show and was researching some of the deals that were announced for the week. Aside from attacking yet another market segment all I could think about is, “Why enter the web conferencing market. Isn’t WebEx already dead man walking?

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The Coming Shift in Enterprise Software

Both Sides of the Table

Facebook was largely a web-based company and none of its revenues were generated on mobile, where many analysts were predicting it would be too hard to replicate the revenue potential of the larger real estate on desktop computers. Tact stated with a user-centric approach from Day 1. And of course we welcome Microsoft Ventures.

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