SecondMarket, a trading platform for private company stocks, has just released it’s Q2 2010 report. Overall transactions were down from Q1 – around $51 million in transactions were completed, less than the $70 million traded in March alone at the end of Q1. Volume may be down, but prices are still going up. Facebook is now being offered at $65/share, and there are bids as high as $60. In April the price...

runMobileCompatibilityScript('myExperience111268261001'); This morning, we covered the debut of 1000Memories, a Y Combinator backed startup that helps family and friends memorialize loved ones online. The company was started by three friends, Brett Huneycutt and Jonathan Good, formerly of Mckinsey, and Rudy Adler, a former employee of ad agency Wieden + Kennedy....

Kentucky senate candidate Rand Paul is being partially bankrolled by the porn industry, apparently. At least that’s the story that the AP’s Bruce Schreiner is pushing today. This is what appears to be the AP’s most recent hit job on Paul. Schreiner in particular has been accused of subtle bias (compare the headline to the text) in his Rand Paul reporting even before this story today. What’s...

Energy storage system producer 24M Technologies spun out of lithium-ion battery maker A123 Systems today to become a separate venture. The company raised a $10 million Series A funding round from Charles River Ventures and North Bridge Venture Partners. The company raised an additional $6 million in a grant from the Department of Energy‘s Advanced Research Projects Agency – Energy (ARPA-E). The funding will h...

Beyond the Rack, a members-only sample sale site, has raised another round of funding today. The startup has just announced a $12 million round of funding from Highland Capital Partners and BDC Venture Capital. This brings the Beyond The Rack’s total funding to $16.5 million. Similar to Gilt Groupe, HauteLook and Ideeli, Beyond the Rack is a members-only shopping site that offers steeply discounted (from 50 to...