Too busy to check your daily Betabeat? Here are the highlights from last week, as selected by the editors.
REQUIRED READING: Jonah Peretti’s Meme Streak
Making viral happen inside the factory at BuzzFeed.
REQUIRED READING: Union Square Ventures Leading Series B in Iowa-Based Dwolla for About $10 M.
“It’s a deal every VC was flying to Iowa or something to try to invest in.” -one New York investor
REQUIRED READING: Layoffs at Lot18: 15 Percent of Employees Were Just Let Go From Fast-Growing Luxury Discount Site
Trouble in wine country?
SUPPLEMENTAL READING: Layoffs Underway at Gilt Groupe Right Now: ‘General Atmosphere Is Terrifying’
REQUIRED READING: Megaupload Lawyer: Swizz Beatz Was ‘Negotiating to Become the CEO’
The hip hop producer is a surprising new figure in the anti-piracy wars.
SUPPLEMENTAL READING: Federal Prosecutors Shut Down File Sharing Site Megaupload for Piracy Violations
EXTRA CREDIT!: Feds Bust Megaupload, So Anonymous Hacks the DOJ, RIAA, MPAA, and Universal Music Group
–PIPA Goes the Way of SOPA As Senators Rush to Distance Themselves
–The Industry That Cried Pirate: How Hollywood’s Hyperbole Backfired
–Investor in Kickstarter, the Company, Decries ‘Worst Project I’ve Funded’ on Kickstarter
–Hipster Men’s Fashion Site Bonobos Has Raised $8 M. of a $15 M. Equity Round
–Growing Pains! ZocDoc Customer Support Squeezed, Calls Going to Voicemail
–The Internet Needs Its Own Lobbyist: Kickstarter Clone Raising for Anti-SOPA Cause
MILK AND COOKIES:
–Scenes From the New York Anti-SOPA/PIPA Rally [PHOTOS]
–And Now for Something Completely Different! Color Debuts YouTube Spot for New Video-Based Color [VIDEO]
–What Is This Mysterious ‘Hacker Olympics’?
–Caught in the Webb: How the Myth of the Algorithm Fools the Market