Loosecubes, a workspace sharing site based in Brooklyn, raises Series A in venture funding. By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0) A peer-to-peer workspace sharing platform Loosecubes announced closing a $7.8 million round of Series A financing, bringing its total funding to $9 million. The round was led by New Enterprise Associates and Revolution [...]
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The opportunity cost is low, hiring good people
is relatively easy, rent and equipment are cheap
(sometimes free) and established competitors are
focused on reducing costs and staying in
business, not on innovation. The key is being in
a good position when the economy picks up."
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Partner, Morgenthaler Ventures
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drain in a futile effort to develop 'pen computing'
(early phase of mobile computing) and a
recession was shriveling the economic outlook."
- Chris Shipley
Chairman, Guidewire Group
