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Flickr co-founder Caterina Fake rolls out Pinwheel
The co-founder of Flickr and Hunch is out with her latest startup, called Pinwheel.
Caterina Fake just launched it in private beta, and the site--and its name--at first glance seems similar to Pinterest, one of the fastest-growing sites on the Web.
Fake raised $7.5 million, with Redpoint Ventures leading the round. Other investors include Ron Conway's SV Angel and The Obvious Corp., run by Twitter founders Ev Williams and Biz Stone.
That's big money for a startup that's just rolling out and so far has no users. But investors bet on people as much as an … Read more
