San Francisco's Wine.com has long legs

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Here is our exclusive (free registration) on the latest twist in the saga at San Francisco’s Wine.com.

Former Chairman Chris Kitze and twelve others have sued East Coast venture capital firm, Baker Capital. Baker did not respond to our request for comment, but the firm is supposed to respond to the suit this week.

This late 1990s vintage has a foul-smelling nose. It is rancid on the tongue. The only thing going for it is long legs.

On an entirely separate note, here’s a link to the list of Silicon Valley companies, by sector, that got venture capital in the fourth quarter of last year. It is part of the venture capital survey that ran in the Mercury News yesterday.

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About the Author,

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

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