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Caterina Fake has launched a new startup called Pinwheel, a sort of “Flickr for places.” The startup has raised a $7.5 million Series A Round from Redpoint Ventures, in addition to funding from True Ventures, Betaworks, Founder Collective, SV Angel, Obvious Corp and other angels. Read more »

“An increasing trend is big funds like ours banding with angels and writing small checks just to try and get a foot in the door.” Geoff Yang, Redpoint Ventures, on how lean startups are changing the dynamics of the VC industry. (Bloomberg) Read more »

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