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LegalZoom Sells $500M Secondary Stake To Private Equity Investors

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Glendale-based LegalZoom , which provides legal services and documents for the small business and family market, announced on Tuesday that it has sold a $500M secondary stake in the company to a set of private equity investors. The secondary stock sale reportedly values LegalZoom at more than $2 billion. READ MORE>>.

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What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

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Think USV is only invested around Union Square in NYC? And in many communities that are new to building tech startups I’ve found that a lot of angel money is not very sophisticated at investing in startup companies. Think the next big startup can’t come from Dallas, TX? Think again. Angry Birds?

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

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There is no region in the country that comes close to having the sheer number of angels & VCs that Silicon Valley has as well as the dollars that flow into the region (40% of all dollars, PwC Moneytree report ). When you’re one fund and have $600 million to invest it’s easier to take that kind of risk.