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Praying to the God of Valuation

Both Sides of the Table

How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. What happened? People were building.

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The Changing Venture Landscape

Both Sides of the Table

With the enormous changes to our economies and financial markets?—?how how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued?

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Here’s What’s Driving Collaborative Consumption and Where the Market May Head Next

Both Sides of the Table

Final le web london (june 2013) from Mark Suster. As I outlined in my talk, I believe the greatest Internet companies created over the past 15 years have been “deflationary” meaning they are driving down the prices or goods & services. Declining prices & margins in a small market is much less interesting.

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TrueCar Files For IPO

socalTECH

Santa Monica-based TrueCar has filed for an IPO, saying Friday that it is looking to raise up to $125M on the NASDAQ Global Select Market as TRUE. on revenues of $133.958M for the year ended December 13, 2013. truecar merger acquisition exit nasdaq true automobile buying pricing' TrueCar reported a loss of $22.6M READ MORE>>.

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TrueCar Dealer Sales Pass 700,000 Vehicles

socalTECH

TrueCar--which offers up automotive pricing information and automotive configuration and quoting software--said the sales came from more than 5,500 dealer partners. According to TrueCar, its 700,000th vehicle sold was a new 2013 Mazda CX-5 purchase in Elgin, Illinois, using GEICO Car Buying Service, powered by TrueCar.

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Freeletics raises $45M for its AI-powered mobile fitness coach

TechCrunch LA

market with the help of several Los Angeles-based investors. Freeletics , headquartered in Munich, Germany, is today announcing its first round of private capital after bootstrapping since 2013. One of Europe’s most popular fitness applications is poised to flourish in the U.S. for one month or $74.99 for a year-long membership.

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GoDaddy IPO Set For End Of March

socalTECH

GoDaddy , the parent firm of LA''s Media Temple , is aiming at pricing its IPO on March 31st, according to documents circulating to investors as part of its IPO process. GoDaddy recently set the pricing range for its IPO at between $17.00 and $19.00 per share, and looks to list on the NYSE as GDDY. READ MORE>>.