• Trending on the Ticker

  • @Automattic, maker of Wordpress.com, raising $100M-$150M @ $1B+ valuation, @fortune reports; prev raised $30.6M in total equity funding from Blacksmith, CNET, @Trueventures, Polaris, others; @photomatt became CEO last Jan - Link
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  • @Squarespace raises $40M B from @generalatlantic; managing director Anton Levy joins the co's board; prev raised $38.5M A from Index & @Accel in '10; has 285 emps & hundreds of thousands of customers - Link
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  • @Twitter acquires partner & social data provider @Gnip; Twitter will offer more data to Gnip's customer base; @Twitter aims to make its data more accessible & says Gnip has played a crucial role in collecting and digesting its data; raised $6.64M to date from Foundry, @SoftTechVC, @Firstround - Link 
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  • YC founding partner Jessica Livingston (@foundersatwork) lists the biggest startup killers:
    - Co-founders that apply to YC who have only known each other for a mo or less
    - No clear leader
    - Being distracted & not making something that people want to use
    - Talking
     to corp dev people is the most dangerous form of distraction
    - Teams that are trying to solve a problem which they don't know anything about
    - Letting costs get out of control
    - Acqui-hires, <$2M acquisitions
    - Livingston says, '
    You’ve got to understand the levels of rejection you’re going to face'
    - Link

  • Leak: @BGR shares photos of an unreleased @Amazon smartphone prototype; @Amazon is reportedly working 2 on smartphone models, incl an entry-level device; first phone will have a Snapdragon processor, 2GB of RAM, heavily customized Android OS, 4.7" screen, 13MP camera, 3D interface w/ six cameras (incl 4 front-facing low-power infared cameras to facilitate 3D effects); targeting an announcement in 2-3 mo's - Link
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