Social investing site Cake Financial raises $1.26M more
Cake Financial, a social networking site for investing, is raising a $1.5 million addition to its first venture round, with $1.26 million raised so far.
The San Francisco-based company lets users import their portfolio data from multiple brokerages and share their trades with other users. You can follow the investments of other users on the site, especially those whose investments doing particularly well. The site’s big selling point is the quality of its top one percent… Continue Reading
Gilman Louie on the great lies of venture capitalists and why it’s still a good time to start a company
When times get bad, it pays to have a sense of humor.
That’s a hallmark of Gilman Louie, a celebrated video game geek and seasoned venture capitalist. He was chief executive of MicroProse, a seminal simulation game company that made flight simulations such as the Falcon series. He was also more recently the founder of In-Q-Tel, the Central Intelligence Agency’s venture capital arm in Silicon Valley. While at In-Q-Tel, he did 61 deals. He used to… Continue Reading