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	<title>Betabeat &#187; Rumors &#38; Acquisitions: Mints and Migrations</title>
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		<title>Betabeat &#187; Rumors &#38; Acquisitions: Mints and Migrations</title>
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		<title>Rumors &amp; Acquisitions: Mints and Migrations</title>

		<comments>http://betabeat.com/2011/06/rumors-acquisitions-mints-and-migrations/#comments</comments>
		<pubDate>Fri, 10 Jun 2011 17:36:17 -0400</pubDate>
					<link>http://betabeat.com/2011/06/rumors-acquisitions-mints-and-migrations/</link>
			<dc:creator>Adrianne Jeffries</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=9374</guid>
		<description><![CDATA[<p><img class="alignleft size-full wp-image-9501" style="margin-left: 10px; margin-right: 10px;" title="rumormonger" src="http://nyobetabeat.files.wordpress.com/2011/06/rumormonger2.jpg" alt="" width="241" height="155" />We made it through Internet Week, guys!</p>
<p>THINKNEAR GOING FAR. The pre-launch TechStars grad<strong> ThinkNear </strong>has closed a round of funding, a source tells Betabeat, and is heading out to... <strong><span style="color: #888888;"><a href="http://thinknear.jobscore.com/list">Culiver City</a>!</span></strong> We've heard of Culver City near L.A., but ThinkNear's job listings page, which lists openings for four engineers, plainly says <em>Culiver</em>. Anyone know how much they raised, by the way?</p>
<p>LEARNVEST'S BIG ROUND. "We had not given that to <a href="http://techcrunch.com/2011/06/10/sec-watch-female-focused-personal-finance-guide-learnvest-raises-12-million/">TechCrunch</a> by any means," a slightly harried-sounding PR rep for LearnVest told Betabeat when we called to ask what the heck a content site needs <strong>$12 million more dollars</strong> for. "Wtf will they do with $19 million,'" a source Gchatted Betabeat. "For a newsletter that says 'don't take cabs every day! Use a 401k!'" Speculation is that LearnVest's long-awaited money manager tool, something with more of the functionality of Mint.com, may be on the horizon. "<strong>They were trying to build some tools this time last year,</strong> and I think just needed a lot more tech resources," another source said. Well, LearnVest? "In the next month or so LearnVest is going to be making some <strong>pretty big announcements</strong>," the PR rep told us, and wouldn't say more. Their jobs page is still mostly editorial and sales positions, though, with one opening for a web developer and one for a java coder. <!--more--></p>
<p>PAY TO PLAY. Entrepreneurs are getting sick of the <strong>"meat-market atmosphere"</strong> at pay-to-play events like TechCrunch Disrupt's Startup Alley and the upcoming $990 New York Venture Summit, as well as the <strong>$125 to $475</strong> it costs to submit a site or campaign for the Webbys. "This is a <strong>pet peeve</strong> of mine, a start-up should NOT pay to present," one user wrote to the New York Tech Meetup email list, citing all the free forums where pitches are chosen based on merit and a bit of who you know, i.e. NYTM, the other million tech meetups, the <strong>SpeedGeeking</strong> pitch event at ReadWriteWeb's 2WAY Summit, the $10 Hatchery events, and on.</p>
<p>MYSTERY SOLVED. That early-stage VC fund seeking 5,000 sq. ft. in Midtown, which we <strong><a href="http://www.betabeat.com/2011/04/29/rumors-acquisitions-spring-investation/">rumor-reported six weeks ago</a></strong>? It's "super-angel/micro-VC firm" <strong>ff Venture Capital</strong>, where Infochimps's <a href="http://www.betabeat.com/2011/06/10/ff-ventures-adds-david-teten-and-mike-yavonditte-as-it-finishes-25-m-fund/"><strong>John Frankel</strong> just hired</a> Hashable CEO <strong>Michael YavonsoldQuigotoAOLfor340million</strong> and Harvard Business School Angels organizer <strong>David Teten</strong>.</p>
<p>SNACKS! Supposedly <strong>Mark Zuckerberg</strong> was chillin' in the <strong>Coding Soundtrack</strong> room on <strong>Turntable.fm</strong> today; <strong>Chris Sacca</strong> and <strong>Dave McClure</strong> were also rumored to have stopped by. French start-up <strong>Balloonup</strong> is visiting and <strong>considering a move</strong>! <strong>Nerd Collider </strong>has an office in Midtown! <strong>Tumblr</strong> is having an Internet Week <strong>party</strong> tonight, at the <strong>Hudson Hotel</strong>!</p>
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		<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-9501" style="margin-left: 10px; margin-right: 10px;" title="rumormonger" src="http://nyobetabeat.files.wordpress.com/2011/06/rumormonger2.jpg" alt="" width="241" height="155" />We made it through Internet Week, guys!</p>
<p>THINKNEAR GOING FAR. The pre-launch TechStars grad<strong> ThinkNear </strong>has closed a round of funding, a source tells Betabeat, and is heading out to... <strong><span style="color: #888888;"><a href="http://thinknear.jobscore.com/list">Culiver City</a>!</span></strong> We've heard of Culver City near L.A., but ThinkNear's job listings page, which lists openings for four engineers, plainly says <em>Culiver</em>. Anyone know how much they raised, by the way?</p>
<p>LEARNVEST'S BIG ROUND. "We had not given that to <a href="http://techcrunch.com/2011/06/10/sec-watch-female-focused-personal-finance-guide-learnvest-raises-12-million/">TechCrunch</a> by any means," a slightly harried-sounding PR rep for LearnVest told Betabeat when we called to ask what the heck a content site needs <strong>$12 million more dollars</strong> for. "Wtf will they do with $19 million,'" a source Gchatted Betabeat. "For a newsletter that says 'don't take cabs every day! Use a 401k!'" Speculation is that LearnVest's long-awaited money manager tool, something with more of the functionality of Mint.com, may be on the horizon. "<strong>They were trying to build some tools this time last year,</strong> and I think just needed a lot more tech resources," another source said. Well, LearnVest? "In the next month or so LearnVest is going to be making some <strong>pretty big announcements</strong>," the PR rep told us, and wouldn't say more. Their jobs page is still mostly editorial and sales positions, though, with one opening for a web developer and one for a java coder. <!--more--></p>
<p>PAY TO PLAY. Entrepreneurs are getting sick of the <strong>"meat-market atmosphere"</strong> at pay-to-play events like TechCrunch Disrupt's Startup Alley and the upcoming $990 New York Venture Summit, as well as the <strong>$125 to $475</strong> it costs to submit a site or campaign for the Webbys. "This is a <strong>pet peeve</strong> of mine, a start-up should NOT pay to present," one user wrote to the New York Tech Meetup email list, citing all the free forums where pitches are chosen based on merit and a bit of who you know, i.e. NYTM, the other million tech meetups, the <strong>SpeedGeeking</strong> pitch event at ReadWriteWeb's 2WAY Summit, the $10 Hatchery events, and on.</p>
<p>MYSTERY SOLVED. That early-stage VC fund seeking 5,000 sq. ft. in Midtown, which we <strong><a href="http://www.betabeat.com/2011/04/29/rumors-acquisitions-spring-investation/">rumor-reported six weeks ago</a></strong>? It's "super-angel/micro-VC firm" <strong>ff Venture Capital</strong>, where Infochimps's <a href="http://www.betabeat.com/2011/06/10/ff-ventures-adds-david-teten-and-mike-yavonditte-as-it-finishes-25-m-fund/"><strong>John Frankel</strong> just hired</a> Hashable CEO <strong>Michael YavonsoldQuigotoAOLfor340million</strong> and Harvard Business School Angels organizer <strong>David Teten</strong>.</p>
<p>SNACKS! Supposedly <strong>Mark Zuckerberg</strong> was chillin' in the <strong>Coding Soundtrack</strong> room on <strong>Turntable.fm</strong> today; <strong>Chris Sacca</strong> and <strong>Dave McClure</strong> were also rumored to have stopped by. French start-up <strong>Balloonup</strong> is visiting and <strong>considering a move</strong>! <strong>Nerd Collider </strong>has an office in Midtown! <strong>Tumblr</strong> is having an Internet Week <strong>party</strong> tonight, at the <strong>Hudson Hotel</strong>!</p>
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