Jason Del Rey

Recent Posts by Jason Del Rey

Social Shopping Site The Fancy Gets New Funding and Will Smith as an Investor

The Fancy, the commerce site that lets users post cool products from around the Web and buy them right from the site, has received another large infusion of capital. Bloomberg reported that the round totaled $53 million, but that seems to include a previous investment of $26 million that closed in October. Since then, the company has raised about $27 million, according to an SEC form filed last week. A person familiar with the deal confirmed a Bloomberg report that actor Will Smith invested in the round.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald