28th Feb2011

JPMorgan Raises $1.2 Billion To Invest In Twitter And Facebook

by iSpit

Well, that didn’t take long. JP Morgan has officially raised $1.2 billion for a digital growth fund, which will invest in late-stage tech startups.

That’s about double the amount that the fund was previously reported to be raising. It’s not clear whether the previously reported amount was wrong or whether JP Morgan raised more than they’d previously intended. Also unclear is whether that fund will invest like a late-stage venture firm/private equity fund and directly invest and take board seats, or whether they’ll invest through secondary markets.

One thing is for sure: there’s an extra billion out there for hot big tech companies.

(Via WSJ)

06th Dec2010

Mr. Blair Presents: First Monday – Artwork by Steve Notich

by Mr. Blair

Hey you guys!  This week isn’t about my work; don’t close the window just yet. On the first Friday of the month art galleries display local artwork, I decided to do the same thing, but on Monday. Welcome to “First Monday.” I’d like to introduce Steve Notich. He’s an artist, and a good friend of mine.  Some of Steve’s recent work is displayed throughout this piece.  Steve’s work reminds me of Vincent van Gogh, his artwork has evolved. He use to take several hours to days finishing one piece; I sat through a portrait that took five days to complete. Steve has challenged himself to complete work faster and more efficiently. He says, “I’ve always liked my own work at some point in the middle, with an incomplete look to it.  This is what provoked my interest in working portraits in a manner where I give myself a limited time frame.  I prefer the loose mark-making and scratches that comes when forced to work fast over the fussiness that comes with a limited time frame.” Steve is a very good man and great artist, he’s passionate about his work and detailed about everything he does. He’s a real artist who the paints, charcoals, does graffiti and loves art simply for the sake of sharing beauty with the world.  (more…)

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