Flingo Gets $7 Million for a Second-Screen Bet

Ashwin Navin used to run BitTorrent. Now he’s making another stab at video, this time with help from August Capital.
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I/O Ventures Returns to Train Second Class of Start-Ups

With a swarm of start-up accelerators in the mold of Y Combinator all hitting the tech scene last year, it’s inevitable that some will fall by the wayside. But I/O Ventures, based in San Francisco’s Mission District, will be back for another season, co-founder Paul Bragiel tells NetworkEffect.

YouTube Co-Founder Steve Chen Moves On, Stays with Google

YouTube co-founder Steve Chen, who oversaw the company’s technical operations as it grew from an upstart to the world’s biggest video site, no longer works at the site day-to-day. This is old news, literally: Chen left his spot as chief technology officer last fall, though he remains employed at Google, which bought his company for $1.65 billion in 2006.
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