Two Years and $33 Million Later, Start-Up Investor Lerer Ventures Starts Building Its Own Companies

Like lots of other investors, Ken Lerer, Ben Lerer and Eric Hippeau are plowing money into start-ups. Unlike some of the other guys, they’re making some of them themselves.
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HuffPo Co-Founder Ken Lerer’s Stealthy Start-Up Aims at CNN, Fox

Ken Lerer helped build an Internet news powerhouse out of thin air. Now he wants to do it again — this time using video.
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BuzzFeed Bulks Up Again, With a Tech Section Run by Gizmodo’s Matt Buchanan

Another well-known writer for a site that used to specialize in other people’s writing. This one says he’ll write about “tech for humans.”
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Huffington Post Tech Boss Leaves AOL, For Real

Like almost every other top Huffpo executive from the pre-AOL days, Paul Berry is on to something else — which happens to involve working with a lot of former Huffpo executives.
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News Byte

Buzzfeed Raises $15 Million to Make More Buzzy Content

News aggregator/newsmaker Buzzfeed has raised a $15.5 million C round led by New Enterprise Associates. The New York-based site, run by Huffington Post co-founder Jonah Peretti, also features HuffPo co-founder Ken Lerer as investor and chairman, and former HuffPo sales boss Greg Coleman has joined as a board advisor. The site recently signaled its intent to generate more of its own content, designed to be flung around users’ social networks, by hiring Politico blogger Ben Smith to beef up its editorial ranks.

YouTube and Hollywood Finally Link Up: Here Come the Channels

Google announces deals with “Modern Family” star Sofia Vergara and a bunch of other famous people to make stuff for the site. Next up: Signing on advertisers.
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News Byte

Business Insider Pulls in a Fresh $7 Million

The newsgatherers at Business Insider are feeling flush today, closing a $7 million funding round led by Institutional Venture Partners and enjoying the continued support of RRE Ventures, Allen & Co., Marc Andreessen, Gordon Crovitz, Ken Lerer and other existing investors.

Huffington Post Co-Founder Ken Lerer Wants You to Watch His Next Company

What do you do once you sell your digital media business for $315 million? Start another digital media business! Ken Lerer, Brian Bedol, Patrick Keane and Jim Pallotta bet on video with Bedrock Properties.

Arianna Huffington on Her New AOL Job: "I Want to Stay Here Forever"

“I want this to be the last act of my life,” says AOL’s new content boss. CEO Tim Armstrong’s translation: It’s a “multiyear contract”

Betaworks Gets Another $20 Million for Twitter-Friendly Start-Ups. Building a Mountain or Digging a Hole?

Do you like Twitter’s chances? Then you’ll like Betaworks, a holding company that builds and invests in the Twitter ecosystem. CEO John Borthwick explains what it plans to do with the $20 million it just raised from the likes of Intel, the New York Times and AOL.