Always Be Hustlin'

Day after funding grin?

What Happens The Day After You Get Funded?

If Betabeat just closed a $350,000 round of funding from folks like Dave McClure, Eric Ries and Esther Dyson, we’re pretty sure we’d spend the next day hungover trying to form our piles of cash into a Scrooge McDuck-like money pool.

Not so Tout founder Tawheed “TK” Kader, whose app attempts to solve the problem of repetitive email. “Its that magical moment right? Its what you’d been waiting for right? The press starts writing about you, the congratulations come flying in. You’ve made it. Right? Wrong.” Read More

Location Based

Will Adreessen Horowitz Back Foursquare’s New Round?

According to a report in the Wall Street Journal, Foursquare is looking to raise an additional $20-40 million this summer at a $500 million valuation.

Betabeat chatted with several sources this week who suggested that the company would definitely be returning to previous backers Union Square Ventures and Adreessen Horowitz for some of this new capital.

Dennis Crowley just got back from a West Coast tour where he visited Apple and was spotted dining with Google. Today Foursquare’s head of recruiting checked in along Sand Hill Road at Andreessen Horowitz.

Got any more insight? Read More