A picture may be worth a thousand words, but photos of restaurant food are apparently worth $10 million. OpenTable, the online restaurant reservation company, is announcing today it’s paying that amount to buy Foodspotting, a smartphone application that lets people share...
Read more »
Photograph by Sauce Communications via Bloomberg
A chicken soup dish with accoutrements is served at Naamyaa Cafe in London
Hungry for Photos: OpenTable Buying Foodspotting for $10 Million
Courtesy Houzz
There are over a million home design photos to browse and save, to create your dream space.
Houzz Raises $35 Million to Connect Architects and Homeowners
Like so many entrepreneurs, Adi Tatarko and her husband, Alon Cohen, got into the startup game after they couldn’t find a solution to their problem. The Israeli couple wanted to renovate their newly-purchased Palo Alto home, but picking the right...
Read more »
Photograph by Erik Dreyer
Among crowdsourced Q&A sites, the winner may be whoever can answer the business question first.
Can a Q&A Site Be a Real Business? $14M Will Help ChaCha Find Out
ChaCha, a website where you can ask about anything and get answers from volunteers or the site’s database of 2 billion queries, doesn’t have a response yet to one big question: Is crowdsourced Q&A a standalone business? Enter that into...
Read more »
Photograph by Sipa via AP Images
Donald Trump is the latest billionaire interested in owning the New York Times.
Why It’s Hard for Trump — or Anyone — to Buy the N.Y. Times
Ridicule of Donald Trump has become an almost daily occurrence. This week, the mockery came after he was revealed to be the latest billionaire interested in owning the New York Times. Again, and again, and again. New York Magazine’s Joe Hagan, who decided...
Read more »
Courtesy Kleiner Perkins Caufield & Byers
Venture capitalist Matt Murphy says this year could be even bigger for corporate-software maker.
Kleiner Perkins to Invest $200 Million in Enterprise Startups This Year
Kleiner Perkins Caufield & Byers will invest at least $200 million this year in mobile applications and cloud computing services for corporate users, investment partner Matt Murphy said. The Menlo Park, California-based venture capital firm, which boosted its enterprise-technology investments...
Read more »
Photograph by Lachian Currie
Is Silicon Valley becoming the new Wall Street?
Banks’ Pain Is Startups’ Gain
As major banks grapple with layoffs, fewer bonuses and expensive legal bills from mortgages gone bad, financial startups are gaining momentum. Three announcements out of Silicon Valley today illustrate how hot this industry is. Prosper Marketplace, a provider of personal...
Read more »
Photograph by Andrew Harrer/Bloomberg
Microsoft is looking to embrace tech startups, but a former company executive said it has a long way to go.
Ex-Microsoft Exec Trashes Former Employer — at a Microsoft Event
Microsoft assembled more than 200 tech entrepreneurs, investors and other industry types at its headquarters in Redmond, Washington, today for a series of presentations from members of the company’s business incubator. These events are designed to foster startups, promote Microsoft’s...
Read more »
Photograph by Peter Cade
After raising $21 million, BillFloat isn't stopping there. The company plans to raise debt financing later this year.
BillFloat Raises $21 Million to Expand Loan Offerings
Where does an online micro lender go when it needs money? To venture capitalists, of course. BillFloat, a three-year-old San Francisco-based startup, raised $21 million to fund its plans to sign on more partners in the banking, telecommunications and utilities...
Read more »Lynda.com Lands $103 Million in Biggest Education Financing
Over the past two years, as money poured into online education startups, Lynda Weinman sat back and operated her profitable bootstrapped company to little fanfare. With 2 million members signed up for Lynda.com’s tutorials on web design, photography and business...
Read more »Cox Enterprises Invests $250 Million With Board Member Rackley
Cox Enterprises is investing a quarter of a billion dollars with board member Tripp Rackley, betting the serial entrepreneur will be able to profit from emerging trends in media and technology. Cox Enterprises, the closely held company that includes the...
Read more »
