Real Estate Blog Curbed Gets $1.5 Million Funding
Curbed, an NYC-based real estate blog, has raised $1.5 million in funding, after being in existence for a few years now. The site was founded by Lockhart Steele, who previously was managing editor of the Gawker Media blog network (Curbed was founded prior to Steele joining Gawker and he went back to it after he left). Nick Denton, Steele’s boss and Zach Nelson, CEO of NetSuite, a maker of business software, and Brad Inman, founder and publisher of the real estate news service Inman News, are among the individual investors. Gawker Media also invested.
Oct 30, 2007 5:45 AM ET
Posted In: Social Media, Nanopublishing, curbed
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Comments (7)
Oct 30, 2007 11:24 AM
I heard a rumor that Fred Wilson’s wife also invested.
I also heard an unusually high post-$ valuation, something like twice the $6M (or so) you would think.
True? (I’m assuming the former is probably legit; the latter the usual blog “mogul” posturing.)
Oct 30, 2007 11:56 AM
i heard 7m post-$. anyone else have a number?
Oct 30, 2007 12:09 PM
$7M post would be a much more sensible valuation.
I like the sites, with all respect to Lockhart, and Blodget-style (hyper-)valuation exercises notwithstanding—Curbed isn’t the kind of asset likely to be worth anywhere near $100M in any sort of realistic time horizon.
Oct 30, 2007 3:57 PM
Fred Wilson’s wife confirms her involvement…
http://www.gothamgal.com/gotham_gal/2007/10/curbed-eater-an.html
Oct 31, 2007 8:43 AM
Local sites like Gapers Block, Swamplot, etc.: compete or buy?
http://www.gapersblock.com
http://swamplot.com
May 24, 2008 10:40 AM
I am surprise to know the figure that how he raised $1.5 Million Funding. It is amazing.
May 29, 2008 7:32 AM
Today real state sites are very fast improvement . So I am surprise to know the figure that how he raised $1.5 Million Funding.I like the sites, with all respect.
If you know about any realated sites so plz write me.
Thanks