One Kings Lane, an e-commerce startup that operates a private sales website dedicated to home furnishings, decor, and related products, has raised an undisclosed amount of funding in a round led by Kleiner Perkins Caufield & Byers, with First Round Capital and angel investor Reid Hoffman participating.
One Kings Lane was started by Susan Feldman and Alison Gelb Pincus, who took notice of the… → Read More
I did interviews with most of the TechCrunch50 experts backstage and there was a common gripe about the companies launching there: Not enough passion, not enough swinging for the fences, not enough trying to change the world. There were too many people building safe businesses, too many companies just trying to make existing things slightly better, and too many people wanting to be the next… → Read More
Here’s the thing I love about Reid Hoffman. There’s no “We-don’t-comment-on-rumors-and-speculation” BS with him. You ask him a question and he gives you an answer.
So you don’t need a bunch of words from me, just go to the jump and watch our final backstage interview of the conference where Hoffman talks about whether LinkedIn will buy Xing and whether it’ll file to go public this year.
Also… → Read More
After raising a total of $11.2 million since its founding in 2005, Tiny Pictures sold to Shutterfly on Friday for $1.3 million in cash and another $1.3 million in restricted stock to employees, which has some performance triggers. If you back out the earnout, investors only got back about a tenth of what they put in.
Those investors include Mohr Davidow, Draper Fisher Jurvetson, and angel… → Read More
Online educational startup Knewton has raised $6 million in Series B financing from Bessemer Venture Partners and returning investors, which include VC firms Accel Partners and First Round Capital as well as several angel investors who had participated in the $2.5 million Series A round from May 2008, such as LinkedIn founder and CEO Reid Hoffman and Zenbe co-founder Peter Stern.
The company… → Read More
Reid Hoffman is an entrepreneur’s entrepreneur. He worked at Paypal, founded LinkedIn, and invested in dozens more. Last night, he appeared on Charlie Rose, where he talks about the rise of social networking in general, and LinkedIn’s success in particular (it is adding one million professionals every 17 days and is emerging as a “low cost provider of really good hiring services”).
Yesterday… → Read More
Editor’s note: The guest post below was written by Reid Hoffman, CEO and Founder of LinkedIn. Reid has some strong opinions about how startups can help right the economy, and he offers some suggestions below. (You can also catch him tonight on Charlie Rose, or check out our interview we did with him at Davos). Reid is an investor in over 60 web ventures including Digg, Facebook, Flickr… → Read More
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