Stylitics wins the Wharton Business Plan competition

Welcome to the VC Round-up, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line.
DEFINITE READS
Mike Armstrong of the Philadelphia Inquirer has a review of the Wharton Business Plan competition where 15 student companies competed for $116,000 in cash and services. The winner Stylitics, is a consumer insights company that targets clothing companies.
TechCocktail has named DreamIt Ventures the 9th best startup incubator in the nation.

MIGHT BE WORTH YOUR TIME
Comcast Interactive Capital has sold off its interest in Bigpoint, a German gaming company, as part of that company’s latest investment round.
Local angel group Mid-Atlantic Angel Group has joined Startup America, an initiative to provide services to entrepreneurs founded by AOL co-founder Steve Case.
GIVE A GLANCE

Mark Suster at the Business Insider writes about the origins of First Round Capital, including the big investments that got away.