Tag Archive for 'TechCrunch'

MFG.com Takes On More Money

Published on January 8, 2008 in Startups and Venture Capital. 2 Comments

MFG.comI just got the heads up on this. Apparently MFG.com raised another round of money. To the tune of $26 million. This is after taking $14 million from Jeff Bezos’ personal investment arm. I’ve been told that Mitch Free (CEO of MFG.com) hasn’t taken any local money. And I’ve heard (this is all grapevine and I have no direct confirmation) that the local players have whined about not getting in on this deal (at least previously when Bezos went in). I suspect that no one locally gave Mitch the time of day previously. But once he started raising big money, everyone wanted to be his buddy. Good for him for doing the raise. By the way, Mitch also sold a chunk of his personal shares in this latest round of funding. Good for you, Mitch!

Read more about it on TechCrunch. Thanks for the heads up Josh!

At Least It Isn’t Just Me/Us

Published on December 26, 2007 in Startups. 3 Comments

The last few posts have been about why there isn’t coverage of Southeast/East Coast startups. Every time I write or talk about this subject, I think “is this just our perception and it really isn’t true?”. Well apparently not. Tyler Ransburgh over at Startup Hustle thought about it and then discovered he was right. I haven’t looked back but I’m pretty sure no Atlanta or Southeast based startup has been in the running for a TechCrunch award. At least, I’ve never heard of it (as always, make sure you speak up if you know of something that proves me wrong).

This is just additional fuel to the fire that we need to be more vocal about our own community because folks outside of our community aren’t going to do it. So what are you doing to help out the community?