*Okay, these Seattle venture-capital guys are blowing smoke, but I like it that they’re blowing such specific smoke. It’s like they’re blowing smoke-rings. http://www.techflash.com/seattle/2009/11/predictions_2010_twitter_netflix_and_more_from_the_crystal_ball.html On the panel were Kelly Smith, founding partner, Curious Office; Greg Gottesman, managing director, Madrona Venture Group;...
Steve Case's $300 million payday . It may not be much compared to that ill-fated, monster merger he presided over several years ago--the effects of which persist today--but Steve Case just won himself another big payday. His finance company, Revolution Money, will be acquired by American Express for $300 million. That's according to Revolution Money chairman and Case confidant Ted Leonsis, who blogged...
You’ve probably been able to follow where the blog is going - the all-out battle for product. If you’re a realtor and can’t figure out how to bring fresh inventory to your buyers, what good are you? Anybody can monitor redfin or sdlookup, can you duke it out in the streets? Are you fighting to win, or just trying [...]
Employers all around the world are wrestling with wether employee should be able to access Facebook and Twitter at work - but some businesses are explicitly requiring that job applicants feel comfortable using Twitter. Just for fun we did a search across Craigslist job postings in some cities around the US to see how many listings mentioned Twitter in each location. The top city this month? New York...
For startups, Christmas comes in November. Partners come back from vacation in September and deals start closing a few months later ; since the credit crisis deferred fund-raising for most of the past year, November 2009 will probably end up being especially busy. Redfin is one of the companies that just closed a round . Already the process has resulted in a huge shift in our mindset: from just surviving...
Other developers may be slashing prices and holding firesale auctions, but Solair? Not so much. Checking in with the 186-unit building at Wilshire and Wiltern, there are some interesting developments to note. Across the board, prices have been raised on the units. For instance , a 1,339-square foot two-bedroom, two-bath that was $585,000 is now $713,150. And a 1,402-square foot two-bath, two-bedroom...
Listed about two months ago, and having fallen out of escrow once already, it looks like Schindler's Westby House is now looking for backup offers . The two-bedroom, three-bath is rumored to be in escrow again, and the listing is looking for backups. The listing price was reduced once, from $1.2 million to $1.095 million . The home was originally a Depression-era duplex that eventually became a single...
"> " style="font-size: 9px; text-align: center;"> Click the image above to view the full photogallery. Earlier this year, Cecil B. De Mille's former property in Los Feliz hit the market at a jaw dropping $26 million . After a couple of pricechops, it was pulled from the market in June. Will W.C. Fields' former estate down the street fare any better? Owned by a studio exec...
Apple released two new iPhone ads. This time the purpose is to promote the fact that the App Store has more then 100,000 apps.The first ad is called ‘Song’ and promotes the following list of Apps: Jamie Oliver’s 20 Minute Meals ($ 7.99) Credit Card Terminal ($ 0,99) US ONLY Facebook (Free) The Sims 3 ($ 6,99) Redfin Real Estate [...]
Just when I thought venture deals, especially for software and tech companies, had headed south for the winter (or longer), the Northwest erupted with a slew of financings in the past week. —But first, some serious biotech. Kirkland, WA-based OVP Venture Partners led a $30 million Series B round for Fate Therapeutics, a San Diego-based stem [...]
"> " style="font-size: 9px; text-align: center;"> Click the image above to view the full photogallery. Looking through hundreds of MLS photos every week can be wearisome. Houses tend to fall into two camps - the overly staged, picture perfect and the just-don't-give-a-damn. So it's always refreshing to find a property that is well decorated, looks lived in, and isn't staged...
Redfin has raised $10 million in a round of funding led by new investor Greylock Partners; existing investors Madrona Venture Group, Vulcan Capital, DFJ, and the Hillman Company all participated. The service lets users search for available homes and then connect with real estate agents.
"> " style="font-size: 9px; text-align: center;"> Click the image above to view the full photogallery. Uh oh. It looks like someone is getting screwed on this gated Spanish home right above Sunset Blvd. According to the listing for this two-bedroom, three-bath, the "rotunda entry leads to grand, formal living room." There's also a "sprawling" master suite,...
Real estate site Redfin announced today that it has raised $10 million more in a fourth round of funding. The round was led by Greylock Partners, meaning that the firm (which just raised a new fund ) is the latest high-profile venture capital firm to enter the online real estate market. Real estate search engine Zillow ’s venture backers including Benchmark Capital , while Sequoia Capital invested...
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