Bambi Francisco, the former columnist for financial news site MarketWatch who resigned last month after ethical questions were raised about her relationship with Vator.tv, has announced that the startup has completed a round of fundraising.
Among her investors are Peter Thiel, the PayPal cofounder, and Richard Rosenblatt, the former CEO of MySpace's former parent company, Intermix. In an interview earlier this month with Beet.TV, Rosenblatt announced that he had joined the round.
Vator invites entrepreneurs to videotape their "elevator pitches," or a request for funding, and post them to the site. This way an entrepreneur … Read more