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Love must be in the sticky, humid, sweltering air this season. After three Facebook mafia nuptials in a succession, New York techies are taking their turn at the altar.
The New York Times covered Rachel Sterne‘s East Hamptons wedding to LiveStream founder and CEO Maxime Haot twice in the past two months, once in a trend story about live-streaming your special day. (Yes, they live-streamed it. No, you couldn’t watch without a password.)
However, Vimeo cofounder Jakob Lodwick, perhaps burned by the public’s response to previous displays of affection, avoided the paper of record’s carefully combed-over Wedding section.
It’s possible that beloved New York startup scene original gangster Vimeo could go the way of Seamless or Reddit, startups that spun out from their corporate owners.
IAC is seeking new investors to buy up a 25 percent stake in Vimeo, the video-sharing platform best known for being prettier than YouTube, as PandoDaily’s new ace of the East Erin Griffith reported last night. While Ms. Griffith misspelled co-founder Jake Lodwick’s name and at one point identified IAC as IAB, we’re taking this story seriously. Is IAC, the owner of a wide range of successful (Match.com/OKCupid) to dubious (The Daily Beast) to very dubious (Ask.com, still identified as AskJeeves in SEC filings), really trying to sell half its hippest property just as Vimeo launches a major redesign?
Vimeo co-founder and internet eccentric Jake Lodwick has just raised around $1.5 million from a gaggle of big name New York tech types including Chris Dixon, Lerer Ventures, David Karp, Bre Pettis and David Tisch. The interesting part is, he doesn’t have an idea for a product, at least not yet.
“I just don’t think it makes sense to have a product idea, THEN raise money, THEN build a team,” Mr. Lodwick told Betabeat over Gchat last night. “People need to trust each other and build up momentum as a team and once we have that, we can drop everything and focus on a great product idea.”