Rumors & Acquisitions: Money Come, Money Go, and Some Free Advice

Happy holiday weekend, rumor city.

CASH STARS. TechStars alum Shelby.tv just signed term sheets for its first round of funding, which the company had doubled to $1 million due to a surplus of investor interest. They’re looking for two engineers, we hear, and already have their eye on someone special.

HASH SLASH. Overexposed New York start-up Hashable quietly laid off two engineers about a month ago and replaced them with non-technical interns, Betabeat learned today. The company is making a full-court press on the publicity front though, springing for a Promoted Tweet during all three days of TechCrunch Disrupt.

OOH, WHAT’S THIS? Another thing to look forward to!

CODE MONKEYS STRIKE BACK. Justine Reichman is the hapless founder of VZones, a “very promising New York-based start-up” that created the twin virtual universes of Dreamscape and newHorizone (“colorful artistically rendered 2D virtual worlds… you will be able to talk, gesture, walk around and explore… play games, win prizes, buy, sell and lose yourself in the virtual fun“). She provoked a just a bit of ire Wednesday due to the lameness of her “seeking technical co-founder” email to the nygaming listserve, which sounded like it was blasted from her own fantasy reality:

“Hi all, vZones is seeking an entrepreneurial-minded individual capable of taking the lead technology development role for a very promising New York City-based start-up. The successful candidate will be expected to provide input into both technology-related and business-related matters, and can expect significant equity and a percentage of increased revenue as we grow in return should they prove a good fit for the business,” Ms. Reichman wrote, etc., etc, “A comfort with graphic design and human computer interaction techniques should be considered a must, and a proven track record of success on iterative/agile software development projects is required.”

“And what are *you* offering as the founder. Why should anyone want to work with you?” VC Charlie O’Donnell wrote back helpfully. “I don’t know if you know noticed, but it’s a seller’s market for talent right now, so you might want to rewrite this like: here’s why I’m the best possible partner you could work with, bc here’s what I bring to the table… Money, relationships, product design talent, rear of team, etc; here’s why my idea would be an interesting technical challenge for you to work on.”

“Sounds cool. What’s with your inconsistent use of capitalization and strangely formatted paragraph?” wrote Calin Culianu. “Also, I question the wisdom of phrases like: ‘a proven track record of success on iterative/agile software development projects is required’ …It’s kind of annoying to a real leader to be told what software engineering paradigm he/she should use.” A lesson in punctuation and tact? Ya’ll could charge for that! Maybe a free subscription to vZones is in order, hmm, Justine?

Rumors & Acquisitions: Money Come, Money Go, and Some Free Advice