McClure raises $30m for new fund called ‘500 Startups’

SEC filings show McClure has raised $30m for his new fund, which will be called “500 Startups”. McCLURE: 500 Startups is a new, edgy, risk taking seed fund which invests in early stage consumer internet companies. Incubator/seed investment funds are popping up left and right and we’re looking to differentiate ourself through edgier design. Our […]

“The Social Network’ trailer released

The first trailer for the upcoming movie based on Facebook’s early days is released. The movie will star Arnie Hammer as both twins and Jesse Eisenberg as Mark Zuckerberg. The Social Network Official Trailer #1 – (2010) HDWatch this video on YouTube

Asks users for donations to fix site

Recent site slowdowns—and, in some cases, outright outages—have prompted programmer Mike Schiraldi to issue a call for help: He’s asked users to become Reddit subscribers for a donation of “whatever you want” in an effort to raise money to hire more resources to fix the site’s issues. when asked why Reddit just turn to parent […]