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Online bulletin board Pinterest has raised $100 million in a financing round that values the US start-up at $1.5 billion, the Wall Street Journal said, writes Reuters. The funding is led by Japanese e-commerce site Rakuten, with existing investors such as Andreessen Horowitz, FirstMark Capital and Bessemer Venture Partners also participating, writes Reuters. Reuters – [...]
As most industry observers already know, today Andreessen Horowitz, the Sand Hill Road firm, announced it has closed on $1.5 billion in fresh capital, bringing the money raised by the firm – founded less than three years ago — to a stunning $2.7 billion. Whether that’s good news or bad for Silicon Valley is an [...]
There it was one day last November: Pinspire, a site that looks almost comically like Palo Alto-based Pinterest, the popular pinboard site that invites users to find and collect images online. For anyone familiar with the oeuvre of the Samwers – Alexander, Marc, and Oliver – months-old Pinspire comes as little surprise. Even the prim [...]