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The 35-year-old founder of Bustle and Bleacher Report reportedly just bought Gawker.com for $1.35 million, and Hulk Hogan is entitled to a cut of the sale

• The defunct gossip blog Gawker has a new owner.
• Bryan Goldberg, who founded Bustle and Bleacher Report, put in the winning $1.35 million bid for Gawker.com in an auction held Thursday in Manhattan, the New York Post reported.
• Gawker shuttered in August 2016 after a lawsuit filed by Hulk Hogan and funded by Peter Thiel bankrupted its publisher, Gawker Media.
• Hogan is entitled to as much as 45% of the sale price, the Observer reported. 
  [ Business Insider ]

How 20-Year-Old Kylie Jenner Built A $900 Million Fortune In Less Than 3 Years

Kylie Jenner sits at a dark-wood dining table at her mother's home in Calabasas, California, flicking through display options for a forthcoming pop-up shop. The youngest member of the Kardashian-Jenner industrial complex needs to decide how to showcase products by her Kylie Cosmetics makeup company. She taps her black iPhone X with a silver glittery nail and turns the screen around to show a coterie of employees a vending machine. [ Forbes ]

Meero raises $45 million to take its AI-driven photography platform global

Paris-based Meero today announced it has raised $45 million in venture capital, which the imaging company will use to fuel its international expansion.

Meero uses artificial intelligence to speed up and automate image editing, particularly for corporate customers who may rely on large volumes of photos to display inventory. The platform helps businesses connect with local photographers and then uses AI to reduce the time and cost of editing their photos. Meero’s clients include Airbnb and UberEats. [ Venture Beat ]

Glasswing Ventures closes its artificial intelligence-focused fund with $112 million

One year after receiving a whopping $75 million commitment to invest in early-stage companies applying artificial intelligence to various industries, Glasswing Ventures has closed its debut fund with $112 million. 

It’s a significant milestone for a firm that purports to be the largest early-stage investor focused on machine learning on the East Coast, and one of the largest early-stage funds to be led by women. [ Tech Crunch ]

In Q2, Deals and Dollars Heat Up as Summer Descends

Things are finally starting to heat up around here! After a lackluster start to 2018, New York City saw 42 seed roundsin Q2 - up 62% from Q1. Total funding rolled in at $66.9 million, up 67% over Q1. Compared to Q2 2017, we’re now up 14% in deals, and right on par with dollars raised. This is the most deals we’ve  seen in NYC since Q4 2016, which posted 45 rounds and $65.9 million in total funding. [ Primary.vc ]

LeBron's move to LA might mean more VC deals for King James​

The four-year deal LeBron James signed with the Los Angeles Lakers earlier this week is worth roughly $153 million. But that’s just part of the payout he’s sure to see with his upcoming move to LA.  

Leaving Cleveland for the Lakers makes a lot of sense, as James has already put down roots in Southern California: He owns two homes in the Brentwood neighborhood and is a co-founder of SpringHill Entertainment, a production company based in LA focused on television and documentary programming. And fans will remember that the basketball legend had a supporting role in "Trainwreck," the 2015 Amy Schumer comedy. [ Pitchbook ]

Steven Cohen's Venture Capital Firm Gets Into Crypto With New Partner

Hedge fund billionaire Steve Cohen is joining the Bitcoin party. Cohen Private Ventures, which was launched by Cohen’s family office in 2010, has invested Autonomous Partners, a new hedge fund that is acquiring both cryptocurrencies and equity in blockchain-related companies. [ Fortune ]

The Scooter Wars will be a bloodbath — and Uber will win

A Tale Of Up: Q2 2018 Venture Funding And Exits In North America Rise Again In Q2 

Next Insurance, an insurtech targeting small businesses, scores $83M Series B led by Redpoint

Can blockchain save journalism? Manoush Zomorodi doesn’t know, either, but she’s going to find out.

Intelligent recruiting platform Greenhouse picks up another $50M

Lady Gaga is quietly working on a new beauty startup — and it already has Silicon Valley’s blessing and funding

Ashley Carroll (Social Capital)- Capital as a Service Democratizing Venture Through Data

Ashley Carroll, Partner at Social Capital -https://techsylvania.co/speakers/ashl... Check out the presentation on Slideshare: https://www.slideshare.net/techsylvan...

Frank Chen In Conversation with EF

On 18th June 2018, Frank Chen, Partner at world leading venture capital firm Andreessen Horowitz visited Entrepreneur First to discuss the big opportunities in deep tech investing and entrepreneurship. The event featured a fireside chat between Frank, EF Co-Founder Matt Clifford and Bart Dessaint, Associate Partner at Mosaic Ventures as well as questions from the audience.