Delicious Founder Schachter Gets Backing For A New Social Startup


Credit: Flickr / Joi

Joshua Schachter, who sold Delicious to Yahoo (NSDQ: YHOO) five years ago is starting again with a new social startup, Tasty Labs. Schachter said a year ago that he regretted selling the social bookmarking site, saying that the “cash and freedom do not even come close” and that he “would rather work on a big, popular product.” He’ll now apparently try to make his wish come true at Tasty, which is operating in stealth-mode for now but says on its site it is trying to put the “useful back into social software.”

The startup has raised an unspecified amount of funding from Union Square Ventures, which was also an investor in Delicious. Andreessen Horowitz and a group of angel investors also participated in the round. Schachter himself has been a fairly prolific investor since selling Delicious, backing dog community Dogster, travel site Dopplr and SimpleGeo. He left Yahoo in mid-2008 and subsequently joined Google (NSDQ: GOOG) but left that post in June.

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