VentureBeat

Michael Moritz (pictured below), venture capitalist with Sequoia Capital, and backer of Google and Yahoo, is apparently funding a blog company called Sugar Publishing, which runs four popular blogs, including flagship PopSugar, that caters to young, hip women.
The San Francisco start-up, which has a social networking component, says it is already getting 13 million [...]

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Updated

Google will pay the parent of social networking company MySpace.com at least $900 million in shared advertising revenue over the next three and a half years, and become the exclusive search engine for the site.
This is significant because News Corp paid $580 million for Intermix Media, which owned MySpace, last year. This deal [...]

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Shutterfly, the Redwood City online photo site, has filed for an initial public offering, something hinted at earlier this week — but its finances don’t look as good as we thought.
To pull off an IPO in this crowded area of online photography, you’d expect Shutterfly to be showing plenty of momentum. A host [...]

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Marc Canter

You may be confused by the launch plans of two very similar social networking services, PeopleAggregator and GoingOn, and it’s not your fault.
They are both platforms that let you create a personal profile and then export that profile to different areas on the Web. They also let you create networks, so if you’re a [...]

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Venture capital firm DFJ Element has raised a record-sized fund for investing in green technology companies, the latest sign that this area is red-hot.
The fund, an affiliate of well-known Silicon Valley firm Draper Fisher Jurvetson, raised $284 million, almost double the target of $150 million it set last year — in part because [...]

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Stardoll, a site where young girls can create and dress up celebrity dolls of themselves or others, is not your classic Silicon Valley high-tech sort of investment.
Yet Sequoia has invested $6 million in the Stokholm company, Stardoll told us yesterday. It is the latest example of how Sequoia is betting on niche consumer [...]

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Shutterfly, the online photo site based in Silicon Valley (Redwood City) is pursuing a sale or possible initial public offering, the Wall Street Journal reports, citing sources — in a deal targeted at $400 million to $500 million.
It is about time, as this venture-backed company has been profitable for three years, Jeff Housenbold [...]

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VideoEgg continues to make strides with its web video publishing service. The company is releasing an integration kit tomorrow that will make it easy for web site owners to add VideoEgg’s video publisher and player into their sites. This will make it easy for publishers to begin accepting video submissions from people [...]

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