Tumblr takes $4.5 million. Recession? What Recession!

Blogging service Tumblr has raised 4.5 million Series B in a round led by Union Square Ventures and Spark Capital. Tumblr plans to use the money to introduce paid "Plus" accounts for users among other things. Currently Tumblr ... continue

Nice advertorial for Union Square Ventures in the NY Times

Claire Cain Miller wrote a nice fluff piece yesterday in the New York Times profiling Fred Wilson's Union Square Ventures. The title sets the tone "A New Kind of Venture Capitalist Makes Small Bets on Young Firms." ... continue