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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 Andreessen Horowitz (a16z) led both the Series D and E rounds for the company, which says it has seen 100% growth year over year and a tripling in revenue over the past 18 months. Image Credits: SpotOn.

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Grindr Seeks Sale, Says Report

socalTECH

Los Angeles-based gay dating app and website developer Grindr is looking for a buyer, according to Bloomberg. Bloomberg said that Grindr has hired investment banker Raine Group to advise the company on a sale. Grindr was founded by Joel Simkhai. READ MORE>>.

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Last Exit Wall Street: 7 Considerations When Raising Venture Capital

From the Venture Trenches

The recent firing of Groupon’s CEO Andrew Mason is a cautionary tale of the increased scrutiny and heightened expectations that come from accessing increasingly larger amounts of investment capital. What is the company’s use of proceeds? So, whether an entrepreneur raises money or not, they have to have a long-term vision.

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Frank Addantes FounderBlog: Startup 2.0: The Internet is Coming! How will we make money?

Frank Addante

. ► February (1) Building and Developing an A++ Team ► 2008 (14) ► December (1) Develop a Culture Roadmap ► November (2) Green Week - Save the Environment and Your Cash Creating a Culture of Innovation: Cultural Values. Internet Advertising ASP) Exit: $112M IPO and acquisition Lesson: Think big.

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