GoodCompany Ventures graduates 10, Princeton incubator launches

Welcome to the VC Roundup, 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.
MUST READ
Socially-minded incubator Good Company Ventures graduated ten companies this week. PhillyInc has the coverage. Among the grads includes pureNano, which also won the Temple University Be Your Own Boss Bowl and ElectNext, a member of the Fall 2011 DreamIt Ventures class.
Following a model very similar to DreamIt Ventures, incubator Ecelerator has launched in Princeton. The incubator takes six percent equity and offers up to $25,000 cash. Ecelerator is still accepting applications and is focusing on B2B and enterprise-focused companies.

GIVE A GLANCE
First Round Capital is well-known for its “open office hours” where the firm’s partners will borrow from university professors, speaking with anyone interested in chatting for 15-minute blocks. The Washington Post has a short profile of Josh Kopelman’s advice to a new startup trying to solve the “chicken and egg” problem of online platforms.
First Round Capital followed on its Series A investment of LiveIntent, an email ad serving platform.
Safeguard Scientifics CEO Peter J. Boni writes in VentureBeat about building a business in a bad economy. And we’d listen to him because, as we wrote in out interview with him this summer, the guy is on a roll. On a related note, Safeguard had a meeting in Atlantic City this week. This raises the question: are VCs better gamblers than the rest of us?
MIGHT BE WORTH YOUR TIME
Also from PhillyInc: Ben Franklin Technology Partners is one of the earliest beneficiaries of President Obama’s jobs bill.