Archive for December, 2007



This Day in History

Tuesday 11 December 2007 @ 10:49 am

On this day in 1792 King Louis XVI was tried for treason in France, of which he was found guilty and guillotined in Jan of 1793. While perhaps better known as the husband of Marie Antoinette, King Louis has a rather important role in American history.

Throughout most of the Revolutionary War the Continental Congress assigned Benjamin Franklin as their ambassador in Paris. It was Franklin’s job to court the King Louis XVI to secure funding, weapons and supplies, and ultimately the assistance of the French military forces. Franklin accomplished all of this over his years in Paris, and while France declared war on Great Britain in 1778 it wasn’t until Yorktown that France became involved with ground troops and France’s formidable navy sailed into Chesapeake Bay which sealed Britain’s fate.

Ironically, France’s involvement had nothing to do with a newfound appreciation for the equality of man, and while it had much to do with their historical hatred of Britain, the fact remains that France became involved in the American war for independence out of a more pragmatic desire, economics. France’s economy was in the tank and it was hoped that assisting the American colonies achieve independence would secure favorable trade relations. However, rather than raising taxes the French took on international debt to finance the Americans and in the end this fiscal strategy failed miserably.

With France in a deep recession and the monarchy despised for it’s frivolous lifestyle, among other factors, the underclass revolted and the events that unfolded in the late 1780’s spelled the end of Louis XVI and the rise of Napoleon Bonaparte.

In an ironic twist of fate, it was the consequences of financing the American Revolution that created the conditions upon which the French Revolution were possible. Napoleon of course then proceeded to crown himself Emperor of France and King of Italy (Master of the Universe was unavailable) and in 1805 the Royal Navy decimated the French Navy at Trafalgar and in 1815 the British Army decisively defeated the French at Waterloo, which saw the expulsion of Napoleon and installment of King Louis XVIII, the brother of Louis XVI.




Led Zeppelin – Live in London! (Without me…)

Tuesday 11 December 2007 @ 8:00 am

First of all, I wasn’t there. Again – I did not make it to the Led Zeppelin reunion. However, as I blog about many of the live shows I go to, I could not ignore this event. Claimed to be the biggest reunion in the past 20 years, it is said that the concert yesterday was excellent.

All I want to ask – Please turn this into a real tour. If it makes a difference, you have at least one more guaranteed ticket, at (almost) any price.

Oh, and one more thing. If you do decide to tour, I will be waiting in San Francisco. Still, would be nice if you stop in Tel-Aviv as well.

Update: Seems Led Zeppelin won’t be going on a tour, as stated here and 3000 other places. This is a disappointment for me, although my good friend Aner thinks otherwise. In his post, Aner talked about the Led Zeppelin desire for more Cash. That may be true, but I just don’t care. All I want is an opportunity to see Page & Plant live, performing Whole Lotta Love. I truly don’t mind who makes money on the way, and what other deals are made in the background. Personally, I am sure it will elevate my soul…

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REVShare Raises $20 Million Co-Led by Carlyle Venture Partners and H.I.G. Ventures

Tuesday 11 December 2007 @ 7:02 am

REVShare, a Temecula, Calif.-based exchange that allows advertisers to bid for television time on a cost-per-action basis, has raised $20 million in a funding round co-led by Carlyle Venture…




Kosmix Inks $10 Million from DAG Ventures

Tuesday 11 December 2007 @ 6:57 am

Today Kosmix announced a $10 million investment led by new investor DAG Ventures with additional participation from current investors, Accel and Lightspeed, giving it a strong cash position to…




Smilebox Secures $7 Million in Series B Funding Led by Bessemer Venture Partners

Tuesday 11 December 2007 @ 6:51 am

Smilebox, Inc., the leader in multimedia expressions technology, today announced it has raised $7 million in Series B financing. Bessemer Venture Partners led the round and was joined by…




Blink Secures $30 Million Funding to Launch Europe’s First Air Taxi

Tuesday 11 December 2007 @ 6:23 am

Blink, Europe’s first air taxi service, announced today that it will commence operations in May 2008, having successfully completed a $30 million round of equity funding with European investors and placed a 30 aircraft order for the Cessna…




KCA Partners Completes Investment in ProActive Recycling

Tuesday 11 December 2007 @ 6:21 am

KCA Partners, Ltd. (‘KCA’) today announced the successful completion of its investment in ProActive Recycling, Inc. (‘ProActive’). This is the second investment for KCA in its environmental services platform. ProActive, headquartered in Owen…




EdgeCast Networks Secures $6 Million in Series B Financing

Tuesday 11 December 2007 @ 6:07 am

EdgeCast Networks, the superior, cost-effective rich media content delivery network (CDN), today announced that it has secured $6 million in Series B financing led by Steamboat Ventures, a venture capital firm affiliated with The Walt Disney…




Asuragen Raises $18.5 Million in Series B Financing

Tuesday 11 December 2007 @ 6:05 am

Asuragen, a privately held molecular diagnostics company and molecular biology service provider, announced that it has secured $18.5 million in Series B financing. This funding round comes on top of a $49 million Series A round the Company closed…




Kosmix Received $10 Million for Vertical Search

Tuesday 11 December 2007 @ 1:21 am

Kosmix received $10 Million from DAG Ventures, LightSpeed and Accel. Kosmix creates search engine vertical.

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