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Late last month, BoomTown posted about a huge venture funding effort by the high-profile and even more highly designed social media reading app for the Apple iPad, Flipboard. Today, its co-founder and CEO Mike McCue confirmed the $50 million round at an eye-popping $200 million valuation, in a wide-ranging interview at the start-up’s Palo Alto, Calif., HQ.
Yesterday we reported on Path’s new $8.5 million venture round, led by Kleiner Perkins and Index Ventures.
If that headline looks familiar to you, you’re probably remembering our story about Google offering to buy Path for $100+ million from earlier this year.