This week we have Rick Smith, founder of CrossCut Ventures. Mark Suster hosts This Week in Venture Capital Wednesdays at 2pm PT.

Please check out Mark Suster’s show notes here.

Check out our Sponsors:  PicClick and LegalZoom***

***LegalZoom.com: It’s not a law firm – it was created by top attorneys to provide self help services at your specific direction.
Q&A with Mark Suster and Lon Harris

INTERVIEW

Rick Smith, Founder of CrossCut Ventures

DEALS OF THE WEEK

Hi5
-Founded in 2003, Hi5 is a gaming-focused social network with approximately 50 million monthly unique visitors
Total raised: $38mm
TechCrunch article

InMobi
-Second largest global mobile ad network (after AdMob) founded in 2007
Total raised: $16mm
TechCrunch article

EcoMotors
-Founded in 2008, EcoMotors is focused on building diesel/gas engines with much greater power density, resulting in benefits such as lower carbon emissions
Total raised: $24mm
TechCrunch article

Adsmarket
-An international performance-based affiliate network founded in 2006 in Israel, employing 140 people
Total raised: $17mm
TechCrunch article

Beyond The Rack
-Members only sample sale site that offers steeply discounted (50-70%) on designer clothes and accessories
Total raised: $17mm
TechCrunch article

eMeter
-Founded in 1999, eMeter provides energy information management software for utilities
Total raised: $69m
TechCrunch article

Other News

Story 1 - Facebook enters partnership with MOL Global to be a payment provider for Facebook Credits in Asia.

Story 2 – Yahoo outsources For-Sale real estate listings to Zillow.

Story 3 – Google Secretly invested $100m in Zynga in preparation to launch Google Games.

Story 4 – GE, KPCB, Emerald Tech Ventures, Foundation Capital, and RockPort Capital announce launch of $200m ‘Ecomagination Challenge’ to spur green grid technologies.

Story 5 – Amazon offers college students a free yhear subscription to Amazon Prime.