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	<title>Betabeat &#187; Rumors &#38; Acquisitions: Games Edition</title>
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		<title>Betabeat &#187; Rumors &#38; Acquisitions: Games Edition</title>
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		<title>Rumors &amp; Acquisitions: Games Edition</title>

		<comments>http://betabeat.com/2011/05/rumors-acquisitions/#comments</comments>
		<pubDate>Fri, 13 May 2011 17:47:41 -0400</pubDate>
					<link>http://betabeat.com/2011/05/rumors-acquisitions/</link>
			<dc:creator>Adrianne Jeffries</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=7056</guid>
		<description><![CDATA[<p><img class="size-full wp-image-7452 alignleft" style="margin-left: 10px; margin-right: 10px;" title="rumormonger" src="http://nyobetabeat.files.wordpress.com/2011/05/rumormonger3.jpg" alt="" width="241" height="155" />Do any of these rumors beat Betabeat's<strong> <a href="http://www.betabeat.com/2011/05/13/betabeat-punks-a-panel/">random act of art</a></strong> last night? You be the judge:</p>
<p>MAGIC AND MAGICIANS: What is designer/angel/connector <strong>Matt Shampine</strong> doing in this photo tweeted today by Vegas showman <strong>Criss Angel</strong> with the caption, "In secret project meeting will reveal details about 1 of the projects this Sunday...." No idea what it could be, as Mr. Angel's <a href="https://tv.crissangel.com/ver1/index.asp">website</a> is already <strong>maximum sick</strong>!</p>
<p style="text-align: center;"><img class="size-medium wp-image-7453 aligncenter" title="criss angel" src="http://nyobetabeat.files.wordpress.com/2011/05/criss-angel.jpg?w=300&h=225" alt="" width="300" height="225" /></p>
<p><!--more--></p>
<p>IT PAYS TO MOCK UP. The life science inventory-management start-up <a href="http://www.betabeat.com/2011/05/09/moot-pitch-real-start-ups-sign-fake-term-sheets-with-fake-vcs/">mock-pitched</a> at a <strong>Startup Leadership Program</strong> event last week as an exercise, where the company was mock-valued by mock-VCs at a <strong>cool mock-$7.5 million</strong>. “Most of the VCs tended to gravitate toward Quartzy, which ended up being <strong>a very expensive deal</strong>,” director Kanchan Koya said. “They had a premoney that was really, really high… A mock VC fund invested $2 million or $1 million on a pre-money of like $7.5 million, but clearly the company needed more than just a million to actually make it.” The start-up's performance landed them a real interview with <strong>First Round Capital</strong>, which was being represented at the event by <strong>Charlie O'Donnell</strong>, who demurred when Betabeat tried to find out whether the real pitch went as well as the fake one. "Tons of companies pitch at First Round, <strong>3-4 a day</strong> :)," he said on <strong>Gchat</strong>. "I try to talk to all the really interesting people doing interesting stuff... If you made every company that pitched a rumor,<strong> you could make the whole site a rumor round-up</strong>."</p>
<p>CITYPOCKETS. After weeks of grinding through paperwork, <strong>Cheryl Yeoh</strong> got <a href="http://twitter.com/#!/cherylyeoh/status/69077870240215040">money</a>!</p>
<p>STEALTH START-UP. <strong><a href="http://galhaus.com/">Galhaus</a></strong>, is in pre-splash page stealth mode, while its counterpart <strong><a href="http://guyhaus.com/">Guyhaus</a> </strong>is in pre-alpha. But we're <a href="http://twitter.com/#!/srcasm/status/68462800619573248">told</a> the product will be more than toothpaste delivery--it'll be more similar to <strong>Birchbox</strong>.</p>
]]></description>
		<content:encoded><![CDATA[<p><img class="size-full wp-image-7452 alignleft" style="margin-left: 10px; margin-right: 10px;" title="rumormonger" src="http://nyobetabeat.files.wordpress.com/2011/05/rumormonger3.jpg" alt="" width="241" height="155" />Do any of these rumors beat Betabeat's<strong> <a href="http://www.betabeat.com/2011/05/13/betabeat-punks-a-panel/">random act of art</a></strong> last night? You be the judge:</p>
<p>MAGIC AND MAGICIANS: What is designer/angel/connector <strong>Matt Shampine</strong> doing in this photo tweeted today by Vegas showman <strong>Criss Angel</strong> with the caption, "In secret project meeting will reveal details about 1 of the projects this Sunday...." No idea what it could be, as Mr. Angel's <a href="https://tv.crissangel.com/ver1/index.asp">website</a> is already <strong>maximum sick</strong>!</p>
<p style="text-align: center;"><img class="size-medium wp-image-7453 aligncenter" title="criss angel" src="http://nyobetabeat.files.wordpress.com/2011/05/criss-angel.jpg?w=300&h=225" alt="" width="300" height="225" /></p>
<p><!--more--></p>
<p>IT PAYS TO MOCK UP. The life science inventory-management start-up <a href="http://www.betabeat.com/2011/05/09/moot-pitch-real-start-ups-sign-fake-term-sheets-with-fake-vcs/">mock-pitched</a> at a <strong>Startup Leadership Program</strong> event last week as an exercise, where the company was mock-valued by mock-VCs at a <strong>cool mock-$7.5 million</strong>. “Most of the VCs tended to gravitate toward Quartzy, which ended up being <strong>a very expensive deal</strong>,” director Kanchan Koya said. “They had a premoney that was really, really high… A mock VC fund invested $2 million or $1 million on a pre-money of like $7.5 million, but clearly the company needed more than just a million to actually make it.” The start-up's performance landed them a real interview with <strong>First Round Capital</strong>, which was being represented at the event by <strong>Charlie O'Donnell</strong>, who demurred when Betabeat tried to find out whether the real pitch went as well as the fake one. "Tons of companies pitch at First Round, <strong>3-4 a day</strong> :)," he said on <strong>Gchat</strong>. "I try to talk to all the really interesting people doing interesting stuff... If you made every company that pitched a rumor,<strong> you could make the whole site a rumor round-up</strong>."</p>
<p>CITYPOCKETS. After weeks of grinding through paperwork, <strong>Cheryl Yeoh</strong> got <a href="http://twitter.com/#!/cherylyeoh/status/69077870240215040">money</a>!</p>
<p>STEALTH START-UP. <strong><a href="http://galhaus.com/">Galhaus</a></strong>, is in pre-splash page stealth mode, while its counterpart <strong><a href="http://guyhaus.com/">Guyhaus</a> </strong>is in pre-alpha. But we're <a href="http://twitter.com/#!/srcasm/status/68462800619573248">told</a> the product will be more than toothpaste delivery--it'll be more similar to <strong>Birchbox</strong>.</p>
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