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Zazzle takes hedge fund money?
Victoria Barret
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7-30-2007 9:36 PM
298 views
tags:
zazzle
,
vc
,
hedge funds
,
silicon valley
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/9347b884-d503-44b5-a1fc-470eec20d183/CD76FAD8-2CF0-4464-8C81-487516B699C8/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.alleyinsider.com/" href="http://www.alleyinsider.com/" style="font-size: 11px;">www.alleyinsider.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.alleyinsider.com/">TechCrunch <A href="http://www.techcrunch.com/2007/07/27/zazzle-rumor-big-hedge-fund-investment/">reports a rumor </A>that an unnamed hedge fund will lead a $30 million round for Valley darling Zazzle--at a $300 million valuation. Assuming the rumor is true, the important news for the broader industry is that the lead investor is a hedge fund. A New York venture capitalist, meanwhile, reports that almost every hedge fund he has spoken to in recent months is gearing up to put significant dollars into VC -type investments. This trend is great news for companies seeking capital--and awful news for investors.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/CD76FAD8-2CF0-4464-8C81-487516B699C8/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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