Tag: VENTURECAPITAL

Twitter -- everyone's favorite plucky little micro-blogging service -- is making room in the bank for another $50 Million dollars in venture capital money. In and of itself, that's not all too surprising. What is shocking -- utterly mind blowing in fact -- is the valuation at which Twitter raised all that new scratch. In case you're unfamiliar with venture capital, valuation and all this money ...

Could we soon see some crazy new developments from Twitter? Maybe not, but we might see some increased usage. Twitter's cofounder Biz Stone recently said that Twitter is on the road to raising its first round of venture capital funding. Big news from a company who's traffic rate has leveled off, and is not yet profitable. Twitter has attracted about 226,000 unique visitors in May, compare that to ...

Not happy with how YouTube deals with copyrighted materials, NBC and News Corp. have been on the move to create a joint venture that would crunch YouTube for what seems like ages. Now they are shopping around to raise cash for their currently unnamed product. NewTeeVee has the scoop on the NewCo team hitting up VC's from New York to Silicon Valley to fund their venture, and reportedly looking to ...

Okay, we're getting about as tired of writing Joost news as you are of reading it. But this is kind of big. The internet television platform started by Skype founders Janus Friis and Niklas Zennström has raised $45 million in capital. Sequoia Capital, Index Ventures, Li K-shing, and CBS have all put some money in, although that's not a comprehensive list. So far, Joost had been funded ...

Xuqa is a sort of social experiment game idea thing. Looks weirdly interesting. TechCrunch reports they have stopped accepting venture capital since they have turned a profit, these days an elusive and hard thing to do, especially for web 2.0 start-ups. Currently the game played on the site is Poker, though there are plans to introduce other games as well. Players play against others and prizes ...