
SEATTLE — Laura Jennings started gift-giving site Knack for busy people who want to give unique, thoughtful gifts, but don’t have time to seek them out themselves.
Jennings understands startups. She started at Microsoft in the 1980s — well before the internet boom — and worked within startup-like sections of the software company before turning to a career as a venture capitalist, working with startups everyday.
When she began looking at e-commerce, Jennings saw an opportunity in the $27…