Startup Fundraising 101

Startup Fundraising 101

Back in 1998 during our first startup, ViewPlus, my co-founder (and close friend) Jimmy Kim and I went through the usual hardships of begging for money from friends and family, digging into our piggy banks and signing up for credit cards like they were lotto tickets.

Once we were up and running, we made a commitment: To help other entrepreneurs whenever possible; to share our stories and advice; and to try to help them avoid the… Continue Reading

ImageSpan, a registry for digital images, raises undisclosed amount

ImageSpan, a Sausalito, Calif., company that lets people license photos and other images from the people who produce them, has raised an undisclosed first round of funding from investors.

The round was led by Alan Patricof and his new venture fund, Greycroft Partners, along with Ron Conway’s Angel Investors LP and Village Ventures, the company said.

The company said it wants to move into other media areas, such as music, digital video and film.

There are several companies… Continue Reading

Ron Conway’s Web 2.0 tour de force, and VentureBeat’s mea culpa

Ron Conway’s Web 2.0 tour de force, and VentureBeat’s mea culpa

It is time for our mea culpa on our coverage of Silicon Valley angel investor Ron Conway.

Not because Conway has become the most prolific investor in Web 2.0 companies, with more than 100 companies backed in less than a year and a half.

But because we’ve been critical of Ron Conway for his investments during the Internet boom, saying they were symbolic of the era’s hubris. During that heady time, he threw lavish cocktail parties, and… Continue Reading