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First Round Capital Is Raising A $135M Fourth Fund

Posted on: April 16, 2012 by mbosletNo Comments »

First Round Capital is raising a $135 million fourth fund, according to a filing Monday with the Securities and Exchange Commission. So far it appears the fund hasn’t had a first close.

TaskRabbit’s Leah Busque on Mobile, the Minimum Wage, and other Economic Indicators

Posted on: March 19, 2012 by Connie LoizosNo Comments »

Online and mobile apps for hiring one’s underemployed neighbors are gaining traction says the founder of TaskRabbit, who sees the trend as offering some indication that small business hiring is on the rise.

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VCs Pumped $280M into 35 Crowdsourcing Startups Last Year, New Report Says

Posted on: March 1, 2012 by mboslet1 Comment »

The most active VCs in the space include New Enterprise Associates, Scale Venture Partners, Trinity Venture Partners, Benchmark Capital, Bessemer Venture Partners and Google Ventures, says a new report.

First Round’s Fourth Act: More of the Same, Which Must Be a Good Thing

Posted on: January 10, 2012 by Jonathan MarinoNo Comments »

If it ain’t broke, don’t fix it. That seems to pretty much be the mantra First Round Capital is using. Once again, First Round, the Pennsylvanian venture capital firm, is locking in a fund around the $125 million range, sources confirm to peHUB. This fund will be First Round’s fourth. peHUB couldn’t get any comment [...]

TaskRabbit Has a Great Idea; Can It Work in This Economy?

Posted on: August 4, 2011 by Connie LoizosComments Off

It’s easy to appreciate the logic of the modern-day temp agency TaskRabbit. Through its Web platform, the three-year-old San Francisco-based company connects the unemployed or underemployed with busy people who can afford some extra help – to pick up dry cleaning, say, or assemble furniture. In fact, TaskRabbit was able to raise a $5 million Series A in [...]