L.A. Stories: HipSwap Tries to Take the Creepy out of Craigslist (Video)

The mobile app-heavy service allows anyone with stuff, including boutique merchants with quirky stuff to move, to quickly snap photos of items, price them and then — presumably — sell.
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Yammer Lands $85 Million Funding Round From Draper Fisher Jurvetson

The rumors are true. But, boy, were they ever off on the numbers.
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Votizen Gets a Celebrity Round of Funding to Connect Social Media and Politics

The latest political donation in this election year, from Sean Parker, Ashton Kutcher and other celebrity tech investors, is a $750,000 convertible note to political social network Votizen.
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What Happened to the Future?

To many investors, visionary entrepreneurs come off as naïve or worse — isn’t it safer/easier/more profitable to create a(nother) social network for cat fanciers than to try to cure cancer, defeat terrorism, or organize the world’s information?

Bruce Gibney, in a post on the Founders Fund Web site entitled “What Happened to the Future?”

Social Search Start-Up Topsy Nabs Cisco Exec as CEO

The social search start-up has hired Duncan Greatwood, the founder who sold PostPath to Cisco Sytems in 2008.
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Here’s Gowalla CEO’s Non-Denial Denial Email to Investors About Facebook Acquisition

Let’s put this one in the “done” column, shall we?
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News Byte

Knewton Raises $33M for Remixing Online Learning

Knewton, the educational content “remixer” that adapts its courses to each student (you could say it learns about the learner), has raised $33 million led by Founders Fund and Pearson. The three-year-old company’s new funding is particularly notable for its large size and because Founders Fund Managing Partner Peter Thiel is an outspoken critic of traditional higher education.

Terror-Fighting Start-Up Palantir Technologies Just Raised $68 Million — But From Whom?

An SEC filing shows the secretive data analytics firm has been busy raising money. Again.
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What Bad Economy? Three Big Silicon Valley VCs Poised to Haul in $2B in New Fund Raising.

Despite the bad economy, turbulent markets and lackluster venture returns of late, limited partners looking for an investment edge seem to still be adding more dough to the VC kitty.
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Exclusive: Yammer Now Works With Salesforce.com

Yammer, once known as a “Twitter for Work,” is transforming itself a key player in the fast-growing business of making enterprise applications more social.
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Bit.ly URL Shortener Raises $10 Million

Yammer Grabs $10 Million More in Funding