VCs Pay Up for Second(ary) Chance to Invest in Web Winners

Apparently some folks wanted extra cash to buy ultra-deluxe Christmas gifts last year. Current employees of private companies made up the largest single portion of stock sellers on SecondMarket in December, a huge leap from prior months.

Redpoint's Geoff Yang Prefers Early-Stage Risk to Late-Stage Valuations (Video)

Redpoint Ventures founding partner Geoff Yang told us in a video interview he wants to invest in social media, gaming and digital living-room start-ups.