Dave McClure predicts startups will ‘f***ing fail’ 24 hours before demo day

At Startup Grind in Mountain View, Dave McClure drops pearls of wisdom (and profanity) about what it takes to build a successful startup.

Pinterest sees $30M from SV Angel in secondary sale

SV Angel raised a $30 million fund to purchase shares of the popular online pinboard social network Pinterest from current investors, SV Angel's David Lee confirmed to VentureBeat today.

Redpoint to grow startup garden with new $400M fund

Redpoint Ventures announced the closing of its fifth fund, $400 million dedicated to supporting early stage entrepreneurs, startups, and the technology they create.