Zvents gets $7M (yikes) for Ajax events site
Updated
Zvents, which lets people search for events in their neighborhood, has raised $7 million in a first round of funding led by VantagePoint Venture Partners.
That is a very large sum of money, and it raises questions about the company’s business model. Such a large round makes it more difficult for Zvents to return a profit to investors. This suggests Zvents is swinging for the fences — it will have to become all pervasive. VantagePoint was… Continue Reading
Carly Fiorina’s book & board viruses
Former Hewlett-Packard chief executive Carly Fiorina has been making the rounds everywhere lately promoting her new book, Tough Choices. Her comments add to the considerable attention these days on the dysfunctional behavior of corporate boards.
VentureBeat caught up with Fiorina when she spoke at Harvard’s Kennedy School of Government this week. She’s utilizing the book and tour to present her side of the story, defending her performance and condemning the board — something that is easier… Continue Reading