Social Matchbox Alumni LivingSocial Raises $25 Million in Series B Round
LivingSocial, the social commerce leader behind LivingSocial Deals and top Facebook applications Visual Bookshelf and Pick Your Five, today announced that it has completed a $25 million Series B round of venture funding led by U.S. Venture Partners, with Grotech Ventures and Steve Case’s Revolution, LLC participating. LivingSocial’s group buying service has grown rapidly [...]
A Lesson in Startup Finance from The Government Type
Far more often than not I hear DC startup people here takling about how they are so much different than government contractors. The conversation usually follows the predictable skill set lines or the mindset lines. Today, as I was sitting in a coffee shop frequented by both DC startup and government people [...]
David vs. Goliath, DC Government Style
This Sunday’s Washington Post had an article about the DC Mayor’s buddies cashing in on their ties to his office. There was also a recent article in City Paper. If you know me you probably also know that I am not driving a Porsche to work or building a mansion in Northwest. [...]
Here comes the iPad, Get Ready
When the iPhone launched people camped out, contests with the iPhone as a prize were announced, and companies formed as a direct result of the new iPhone application developer platform. The buzz surrounding iPhone development has simmered down a bit since then, but that is about to change. The sheer numbers of people [...]
