Andreessen-Horowitz, the prestigious VC firm started by Silicon Valley veterans Marc Andreessen and Ben Horowitz, has just announced that it's added a new general partner: Jeff Jordan, the former CEO of OpenTable and former executive at PayPal and eBay. In conjunction with the news, A-H is also announcing Jordan's first investment: a Series A funding round in hot Palo-Alto based startup LAL (also known as LikeALittle). When it's completed, the round will total over $5 million in new funding for the company. Also contributing to the round are notable angel investors who include TechCrunch founder Michael Arrington (see below). Oh, and we hear that LAL landed a valuation of over $35 million. Not bad for a startup that got its start last fall as a college flirting site. Colui che finalmente si accorge quanto e quanto a lungo fu preso in giro, abbraccia per dispetto anche la più odiosa delle realtà; cosicché, considerando il corso del mondo nel suo complesso, la realtà ebbe sempre in sorte gli amanti migliori, poiché i migliori furono sempre e più a lungo burlati. (da Il Viandante e la sua ombra)
giovedì 30 giugno 2011
Andreessen-Horowitz Adds Jeff Jordan As General Partner, Leads $5M+ LikeALittle Series A
Andreessen-Horowitz, the prestigious VC firm started by Silicon Valley veterans Marc Andreessen and Ben Horowitz, has just announced that it's added a new general partner: Jeff Jordan, the former CEO of OpenTable and former executive at PayPal and eBay. In conjunction with the news, A-H is also announcing Jordan's first investment: a Series A funding round in hot Palo-Alto based startup LAL (also known as LikeALittle). When it's completed, the round will total over $5 million in new funding for the company. Also contributing to the round are notable angel investors who include TechCrunch founder Michael Arrington (see below). Oh, and we hear that LAL landed a valuation of over $35 million. Not bad for a startup that got its start last fall as a college flirting site.
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