Why Charles River Ventures sat out on Twitter’s latest round
When Twitter raised its most recent round of funding at $1 billion, a few players were conspicuously absent, including Union Square Ventures and Charles River Ventures.
Why did Charles River sit out? Size and strategy.
Charles River Ventures is focused on using a $325 million fund for… Continue Reading
Charles River Ventures introduces friendly “convertible” seed round
Updated
Charles River Ventures, an early stage venture capital firm, has launched a new investment strategy, offering rapid but tiny $250,000 checks to Internet start-ups.
The program, called QuickStart, recognizes times have changed, and that Internet companies no longer need the vast amounts of cash that most… Continue Reading
Roundup: FON’s gambit, Obvious, Zachary’s blog, Vox & more
Roundup in Silicon Valley:
FON exploits opportunity to stir up WiFi interest in San Francisco — Search engine company Google is having a heck of a time getting “crazy nut job” local SF residents to agree to its plans for a city-wide WiFi project. So while big… Continue Reading