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Tag: VENTURE CAPITAL

Twitter Worth $1 Billion, Easter Bunny and Tooth Fairy Are Real

Correct us if we're wrong, but didn't we get into this economic morass because banks and investment firms took unnecessary risks with money that didn't really exist? So, why, exactly, is no one pulling the alarm on the latest round of investments drummed up by the popular micro-blogging service Twitter? Don't get us wrong. We love Twitter, use it constantly, and aren't sure how we'd waste our ...

6th Grader Gets $6.5m to Fund Game Company

At 12 years old, most of us could barely raise our textbook-filled backpacks, never mind $6.5 million in funding. But that's exactly what Silicon Valley 6th grader Arjun Mehta has done. Way back when he was in 5th grade (last year), Mehta started PlaySpan in the family garage. PlaySpan is a service that works with gaming companies to sell virtual goods inside of their online worlds -- rather ...