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.

We'd heard rumors Jobster was close to replacing Jason Goldberg as its CEO, and the Seattle P-I now confirms them. Jeff Seely, another Seattle entrepreneur who just sold online stock-buying site ShareBuilder for $220 million to ING Direct, will take over the online job board on January 7. His first order of business: Raising more money, I suspect.

Microsoft executive Don Dodge captures a moment from the TechCrunch40 conference. Or, more specifically, after the conference, in the limo ferrying VIPs from the TechCrunch40 VIP dinner to the after party at Fluid. Pictured, from left, Mayfield Fund VC Raj Kapoor on the floor of the limo; Allen Morgan, also from Mayfield, throwing gang signs; DanceJam cofounder MC Hammer; and angel investor Ron Conway, looking bewildered.

A Valleywag tipster whispers that a company that had made the initial cut of 20 companies for the Techcrunch40 conference — back when it was known as "TechCrunch20" — got bumped when conference organizers "doubled down" and expanded the list to 40 startups. The company's sin? Competing with a startup funded by one of TechCrunch40's four VC sponsors. The competitor got bumped, and room was made for a sponsor-backed startup. "Ah, the Valley mafia at its finest," the tipster concludes. Of course. Sand Hill Road was built on conflicts of interest.

What to make of Chamath Palihapitiya's hire by Facebook? Immediately before joining the red-hot social network, he worked as a venture capitalist for the Mayfield Fund. And last February, he attracted controversy for his comments about the privileged society of Silicon Valley in an art film, Living Pictures/Men in Gold." Palihapitiya, who's Indian Sri Lankan, spoke of his intention to break through the old boys' club. But in going from a venture capital firm to Facebook, it would seem he's just going from the old boys' club to the new boys' club.