Wallstrip acquired by CBS
Wallstrip, the financial video site that was really all about just one person, attractive anchor Lindsay Campbell, has been sold to CBS, for a rumored $5 million.
Union Square Ventures investor Fred Wilson made a small investment in the company, as part of a $600,000 angel round. Not bad for less than a year’s work.
Roundup: IM mania, VCs in red, Facebook classifieds road-kill, and much more
Here’s the latest action:
Feed Crier gets bought — Feed Crier, the service that lets you subscribe to blogs or other content within your instant messenger (IM), has just been bought by IMified. That company, meanwhile, says it plans to do more on mobile front. It’s just the latest in a crazy-full day of IM stuff.
VCs have produced less profit than they invested, since 1997 — In other words, the industry is negative for the past decade. The… Continue Reading