If you co-founded the company that became Google AdSense, as Gil Elbaz did with Applied Semantics, you don’t have any problem finding investors when you want to start a new venture. Elbaz sold Applied Semantics to Google for $100 million in 2003, and launched his latest startup, Factual, last October. He doesn’t really need the money, but so many all-star investors were clamoring to get in that he raised just over $1 million in an angel round. His angel investors include Marc Andreessen and Ben Horowitz via their Andreessen Horowitz fund, Bill Gross via Idealab, Esther Dyson, Demand [...]

Continue Reading...