137 posts and columns on Union Square Ventures
News Bytesold it to Skype in 2011, has a new project: Splice. The service, co-founded by Matt Aimonetti, is supposed to let musicians collaborate on projects and share the results with fans. Union Square Ventures’ Andy Weissman led a $2.75 million seed round, along with other investors including True Ventures, Lerer Ventures and SV Angel.
News ByteBrewster, a small startup that makes a year-old iPhone contacts app, lost a significant portion of its staff this year, as Business Insider first reported today. “I have nothing but more confidence in what we’re going after. It’s just really hard,” said Brewster founder Steve Greenwood today, noting that “most of the people who were with us before are no longer with us today.” Commented investor Fred Wilson of Union Square Ventures, “Sometimes change is for the best.”
You can count on it — when a deal works out spectacularly everyone involved will take credit for it. This behavior is particularly annoying to the entrepreneurs who put the sweat, blood, and tears into the Company.