Adventures in Venture Capital
Airbnb Is a Belieber Early this week, CEO Brian Chesky tweeted out a photo of Justin Bieber, whose startup cred apparently extends to Airbnb renter. The Instagram shot was taken by Mazy Kazerooni, cofounder of #DominateFund, Ben Parr’s still hush-hush, celebrity-focused micro-VC. Gee, wonder who their LPs are?
Friday flashback This week the revamped Digg got an unexpected celebrity thumbs-up: Fred Durst of Limp Bizkit fame (infamy?) tweeted at developer Robert Tolar Haining, “I love Digg. Great job and beautiful interface.” “Why thank you sir!” Mr. Haining replied, because what else are you going to say when Fred Durst compliments your UI?
Yesterday, word leaked that former Mashable editor Ben Parr is launching a seed stage VC fund targeted at celebrity investors. The cofounders of Tracks.by, a platform for music artists, are also partners in Mr. Parr’s fund. The tech world, as it’s wont to do, erupted into a collective scoff: A star-studded investment firm helmed by a “disgraced” journalist, who was fired for blabbing about his salary, doesn’t sound like the stuff of Sand Hill Road.
Unwilling to let an opportunity for backseat quarterbacking pass them by, tech bloggers immediately swooped in to offer their analysis of Mr. Parr’s newest venture.