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Hollywood Insiders Back Social Shopping Site The Hunt

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In a turn from the usual formula of Silicon Valley investors backing a Hollywood, celebrity-driven startup, a Silicon Valley startup has scored the backing of a group of Hollywood insiders. The Hunt says it is developing a community-driven, online shopping site, focused on making social media photos "shoppable". READ MORE>>.

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This Week in Venture Capital – Episode 2

Both Sides of the Table

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. Overture never built the destination site to monetize from. So when Google started pushing AdSense (ads for affiliate or 3rd party sites) they had a HUGE cost advantage. In my mind, not a typical VC investment. OTHER STUFF.

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Attn: Gets $18.5M For News Site

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West Hollywood-based Attn: , a company which publishes an online news site focused on social topics like economic mobility, civil rights, education, criminal justice, and the environment, has raised $18.5M in a funding round, the company disclosed on Friday.

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CAA, William Morris Back Online Video Education Site

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Two, Hollywood heavyweights--the Creative Artists Agency (CAA) and William Morris Endeavor (WME) --are backing an online site which provides live workshops from experts. Lynda.com recently raised a humongous, $103M funding round in January, and just acquired another video education site in Europe in February. READ MORE>>.

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My Damn Channel Raises $4.4M

socalTECH

Los Angeles-based My Damn Channel , an online site which features professionally produced, humorous and other video content, announced a $4.4M The new funding was led by Intuitive Venture Partners, and also included prior investors Okapi Venture Capital and Sunshine Wireless Company. funding round today. READ MORE>>.

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TheWrap Takes On Hollywood News

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Hollywood-based TheWrap.com , a new online news site focused on entertainment and media, said it launched today, backed by venture capital firm Maveron. Maveron is a Seattle-based venture capital firm headed by Starbucks CEO Howard Schultz and Dan Levitan. READ MORE>>.

Hollywood 100
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Hollywood Interactive Gets $5M

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Hollywood Interactive Group, which develops an online web site for celebrity and entertainment news, said Thursday that it has raised $5M in a Series A funding round. The roudn came from BlueRun Ventures. MyHollywood.com includes a massively multiplayer online game called the "Red Carpet Game" focused on a "virtual Hollywood."

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