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Monday, November 23, 
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Entries tagged "Andy Weissman"

Tech deal news: Intel's income plummets; Obama narrows CTO choice; Betaworks backs Tweetdeck; and more

Obama to choose Cisco CTO or D.C. CTO President-elect Barack Obama has narrowed the field for the new federal chief technology officer job down to two candidates, BusinessWeek reports. Padmasree Warrior (pictured, left) comes...


Obama FCC pick Genachowski 'one of us,' says USV's Fred Wilson

Venture capitalists and other technology investors are applauding Julius Genachowski (pictured) as President-elect Barack Obama's pick to be chairman of the Federal Communications Commission. Genachowski, who has known Obama since...


Video: Unigo's Jordan Goldman on tapping students to critique colleges

When you think of college guidebooks, Jordan Goldman's name may not be the first that comes to mind, but the scrappy New York City native has been competing with well-known media properties, including U.S. News &...


Video: Iminlikewithyou's Charles Forman on selling virtual goods

Casual game site Iminlikewithyou will soon start selling virtual goods, founder and CEO Charles Forman (pictured) tells Tech Confidential in our Behind the Money video interview.Games on the mulitplayer site, such...


RRE Ventures reaches out to next generation of entrepreneurs

RRE Ventures may be the best-kept secret of the East Coast venture capital community. The prestigious New York VC firm, which was established nearly 15 years ago, is well known...


Former AOL exec Adam Lehman joins social media ad targeter Lotame

Social network advertising targeter Lotame deepened its bench this week by hiring Adam Lehman (pictured) as chief operating officer. Lehman is responsible for managing day-to-day business operations and driving strategic growth initiatives at the New...


Services partnerships help Betaworks tweak incubator model

Incubators are known for getting economies of scale for basic services, such as accounting and payroll, but Betaworks seems to be taking the concept a step further. The New York...


Betaworks entrepreneurs rub elbows with tech dealmakers at Betaday

Entrepreneurs backed by New York incubator Betaworks got an enviable opportunity Tuesday to pitch their startups to more than 50 of the best-known names in tech dealmaking from major media and advertising companies, established technology...


Lack of exits frustrates VCs, says RRE Ventures' Stuart Ellman

Although the credit crunch affects venture capitalists only indirectly, "the real frustration for VCs is the lack of exits," blogs Stuart Ellman, co-founder of RRE Ventures, a New York VC...


Details says David Karp and Charles Forman love the night life

Tech Confidential is certainly the right place to get all the details about the product strategies, business models, venture capital fundings and investment strategies involving high-profile Web 2.0 entrepreneurs David Karp (founder...


Exclusive: Micropayments startup Tipjoy raises first VC round

Betaworks, a New York incubator that both develops Web 2.0 technology and invests in startups doing the same, is leading a roughly $1 million Series A in micropayments processor Tipjoy...


Twitter's Biz Stone says startup is working to fix "horrible user experience"

Twitter Inc. plans to offer more tools for people developing programs that run on top of the microblogging service, as well as more options for people trying to use those...


EXCLUSIVE: FriendFeed readying RSS accelerator

Update, 7:30 p.m.: FriendFeed Inc. co-founder Paul Buchheit has published a detailed explanation of the social networking aggregator's planned Simple Update Protocol. In a nutshell, he describes it as a...


Meetup's Heiferman on how he'll spend USV's money

"We're using the round of funding to ramp up the technology to give people better tools for self-organizing groups," says Meetup Inc. CEO Scott Heiferman about the backing the six-year-old New...


Twitter acquires Summize, first exit for Betaworks

Twitter Inc. has indeed acquired New York conversation search engine startup Summize Inc., confirming a rumor that Tech Confidential had previously reported on. Terms are undisclosed."Providing tools for filtering all...


Iminlikewithyou actually has a business model

Iminlikewithyou may not have any revenue yet, but founder and CEO Charles Forman tells Tech Confidential he has a business model he will soon execute -- unlike many a Web...


Steven Johnson, Mark Josephson on Outside.in's change of guard

Steven Johnson, co-founder and co-creator of "hyperlocal" site Outside.in, is stepping down as CEO, passing the baton, as he puts it, to Mark Josephson (right), the former general manager of About.com and, more recently, the president of ad network...


Someecards founders quit day jobs, seek tech lead

When is it time to quit your day job? If you're Someecards Inc. co-founders Duncan Mitchell and Brook Lundy (pictured, left and right), the answer is when your Web site starts drawing...



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Inside The Deal: Morgan Stanley's Rosenthal on the nitty gritty details of the Smith Barney integration.


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Industry Insight

Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.



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