shameless rumormongering

Rumor Roundup: Artsy’s Art Basel Bust and the $50,000 Tip That Wasn’t

Screenshot_2012-12-06-13-26-26

Basel Bust? Artsy’s invite for its Art Basel party this year–thrown by Chanel–was positively littered with enticing cohosts. “On behalf of Carter Cleveland, Larry Gagosian, Wendi Murdoch, Peter Theil & Dasha Zhukova, we invite you to a beachside barbecue on Wednesday, December 5th in Miami Beach,” the invite said. Perhaps too enticing. “I ended up not going because it was such a shit show,” said one would-be guest. The tipster blamed the venue, noting that “the same thing happened last night at Amfar. It was a mess trying to get into the after party and there were 400 people waiting outside and inside it was a crowded mess.”

Typical for Art Basel, said the source, brushing off complaints. “Less so for tech startups :)” Too bad they missed Demi Moore’s highly gif-able turn on the dance floor next to Lenny Kravitz. Perhaps our partier will have better luck with Tumblr, which is hosting its own Art Basel extravaganza tonight. Read More

Fresh Capital

MESA Raises $10 Million Seed and Series A Venture Fund Focused on New York City

Mark Patricof

MESA+, a four-year old venture arm of the investment bank and strategic advisory firm MESA Global, is launching a $10 million venture fund today for seed stage and Series A investments. The fund will be allocated towards companies in consumer Internet, digital content, advertising, marketing, and commerce and focus on investments in New York, from the Mesa+’s Union Square headquarters.

“Since its inception, MESA has worked hard to connect startups with our network in the media and entertainment world,” the company said in a press release, noting that, “we are a startup ourselves.” The firm has ballooned from four people to more than 25, including its three partners: Jacob Brody, Andrew Montgomery, and Mark Patricof. Read More