Valleywag
venture capital
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tim draper
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venture capital
glam.com
Why Tim Draper's latest virus isn't catching
Glam Media is the "fastest growing company on the face of the earth," according to its backer, the always hyperbolic Tim Draper. In an interview with AlwaysOn's Tony Perkins, Draper compares Glam, an online ad network, to past investments like Hotmail and Skype. But aside from enjoying his backing, there's little resemblance. A better comparison? Enron, another company with metastasizing revenues. More »
Draper Fisher Jurvetson continues its venture tourism, opening up an office in Russia. Are there actually interesting startups in Russia, or is this just an excuse to stick DFJ's investors with the bill for Tim Draper's round-the-world plane tickets? [DFJ.com]
venture capital
Redfin gets cash, but no love, from star investors
Draper Fisher Jurvetson has led a $12 million investment round in Redfin, the Seattle-based online real-estate broker. But what does it say that Tim Draper and Steve Jurvetson, the venture capitalists behind such early Internet hits as Overture and Hotmail, have delegated new Web discoveries to junior partners in their firm? Emily Melton, a Stanford MBA with no big hits to her name, is joining Redfin's board, having "monitor[ed] Redfin's progress since early 2006," according to a company press release. Here's what that tells me about what investors really think. More »
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