
Flipboard on Thursday confirmed that it had taken a $50 million investment based on a $200 million valuation. The company received money chiefly from Insight Venture Partners as well as Comcast and a host of major and minor investors, ranging from Kleiner Perkins through to Twitter's Jack Dorsey, Facebook co-founder Dustin Moskovitz and Ashton Kutcher. The endorsement was based on enthusiasm for the concept of "social endorsement" that Flipboard's iPad app was creating, AllThingsD was told in an interview with Flipboard chief Mike McCue....


Source: http://feeds.macnn.com/click.phdo?i=ba94177ee833c924d8cce7fbcd560ee8
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