Velocity Interactive Group, the venture-capital vehicle of former Fox Interactive CEO Ross Levinsohn and ex-AOL chief Jon Miller, has yet to raise a $250 million fund insiders say they've been seeking for six months and counting. Which is curious. Levinsohn and Miller tried to raise money on their own, but decided…
Former Fox Interactive exec turned venture capitalist Ross Levinsohn only needs to finish the paperwork to become the biggest name on Microsoft's list of 10 nominees to replace Yahoo's board, TechCrunch reports and BoomTown confirms. The high-profile rubber-stamping position should suit Levinsohn's ego just fine.
Venture capital is a brutal game when you're on the losing side. Some partners get whacked; others just disappear. When ComVentures abruptly cut two of its partners, Baris Karadogan was not on the hit list — but when the VC firm reemerged with the new name Velocity Interactive Group, Karadogan was nowhere to be…
Venture capitalists sell themselves as friends to entrepreneurs, and talk about how they're going into business together. Isn't it useful to know how they treat the people they're actually in business with? The tale of the formation of Velocity Interactive Group is instructive in that regard. Former AOL CEO Jonathan…
Jonathan Miller, the man who was ungracefully booted as AOL CEO, and Ross Levinsohn, the former Fox Interactive Media chief who was never quite as in charge of MySpace as he would have liked, will form a new group at VC firm ComVentures, SAI reports. They're callng it Velocity Interactive Group. The pair plan to…
"Second Life is like a giant porno. All people do there is have sex." — Baris Karadogan, a partner at VC firm ComVentures, speaking after a panel on digital goods. What, pray tell, are visitors to the ComVentures-backed, nightclub-themed vSide world going to be doing? [Orrick}
You have to admire the George Costanza-like persistence of one Anand Lyer Vaidyanathan. After hanging around the Sequoia lobby a little too much last October and November, Vaidyanathan was finally arrested for trespassing. Vaidyanathan protested, convinced that he somehow already worked for Sequoia. He then applied…
Slideshow startup Filmloop — recently in the news for enduring the ostensibly "Golden Touch" of Guy Kawasaki and subsequently canning most of its staff — will be euthanized and dismembered. Comventures (among others) had invested in Filmloop, and supposedly the site's remaining cash will go to storage company Fabrik…
