Today at TechCrunch Disrupt, CrunchFund's M.G. Siegler took the stage to interview Tumblr CEO David Karp. But not before disclosing that his fund was now an investor in the New York City-based blogging platform. Neither provided further details of the investment on stage, but we've been able to find out a little bit more about the CrunchFund's stake in Tumblr. For one thing, the CrunchFund investment wasn't part of a follow-on round or a new fund raise for Tumblr, but a purchase of common stock from some of Tumblr's early-stage investors. And while it isn't taking a huge stake in Tumblr, relative to the startup's overall investor base, the investment has been described as "significant" to CrunchFund, which had raised $20 million before launching.alec time 100 bob beckel anna paquin warren buffett 2012 nfl schedule dishonored
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.