Max Levchin's Slide set to take in new funding
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Serial entrepreneur and PayPal cofounder Max Levchin's widget maker Slide will take in a new round of funding, according to Boom Town. The deal, put together by New York-based Allen & Company, is said to propel Slide's value well past the $60 million to $80 million set just over a year ago.
The San Francisco startup, known for its social apps on Facebook and MySpace, last took funding in 2006 — about $20 million from BlueRun Ventures, Peter Thiel's Founders Fund, Khosla Ventures, and the Mayfield Fund. Maybe now Levchin can get some sleep. (Photo by flawedartist)