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Already Profitable Redfin Raises Another $10 Million
TechCrunch Nov 12 09Seattle based Redfin, an online real estate startup, has raised another $10 million in a venture capital round led by Greylock Partners. Existing investors Madrona Venture Group, Draper Fisher Jurvetson, Vulcan Capital and The HIllman Company all participated in the round, and Greylock's James Slavet joins the Redfin board of directors. This was a safety round, as Redfin announced profitability over the summer and have now exceeded a $20 million in revenue run rate (it was just $15 million last summer). They've roughly quadrupled in size since 2008, even in a down real estate market. I used Redfin as a buyer over the summer when I was looking for a house. Full story...
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TechCrunch 3 hours ago:
Video Highlights From Disrupt NY 2012 – Day 2 [TCTV] -
Continuing our trio of daily video highlights from Disrupt NY, Day 2 of the conference featured talks with Andreesen Horowitz's Jeff Jordan, Sequoia's Roelof Botha, and SV Angel's Ron Conway.TechCrunch 6 hours ago:
Video Highlights From Disrupt NY 2012 – Day 1 [TCTV] -
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10 Reasons To Quit Your Job Right Now! -
The game is over. That game where they get to hire you for 40 years, pay you far less than you create, and then give you a gold watch, and then you get bored, you get depressed, and you die alone.TechCrunch less than a day ago:
The Mysterious Words You Can’t Tweet -
The legend goes something like this: as a child, Twitter co-founder Jack Dorsey's father would relentlessly hound him to "Get better", so Jack eventually banned the phrase from being tweeted.Popular Tags »»
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