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In this three-part series I will explore the ways that the VentureCapital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. I will argue that LPs who invest in VC funds will also need to adjust a bit as well.
I was on This Week in VentureCapital (TWiVC) again this week with Jason Calacanis. Bill Gross is the man responsible for the overwhelming amount of monetization on the web. I talked about the platform moves of Twitter and why it should be expected. TweetPhoto - Real-time photo sharing platform. billion to Yahoo!
This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. Investors: Google Ventures. 15mm in Series A.
In my previous post, The VC Ice Age is Thawing (for now) I wrote about the reasons why the VC market came to a screeching halt in September 2008 and remained largely shut until at least April 2009. There are now signs the VC market has gathered pace meaning it’s a great time to be fund raising.
Incidentally, VC’s hate when they hear companies pitching who say, “ I don’t have real competitors &# as I outlined point three in the linked post). It’s what kills most sales cycles including raising venturecapital. In products designed to sell directly on the web the process is no different.
Had a great chat with Jim Armstrong who is a General Partner at Clearstone Venture Partners today on TWiVC. It was especially fun for me because we got the chance to talk about the VC industry and how entrepreneurs should think about the VC industry in addition to discussing deals. Segment Three: “VC Deals Funded this Week”.
- SoCal CTO , January 13, 2010 5 Lessons from 150 startup pitches - A Smart Bear: Startups and Marketing for Geeks , July 11, 2010 9 Reasons Why Many Smart People Go Nowhere - Life Beyond Code , March 29, 2010 No Accounting For Startups - Steve Blank , February 22, 2010 Startup Advice In Exactly Three Words - #StartupTriplets - OnStartups , January (..)
To see the video of This Week in VC click on this link. What a pleasure that I got to spend an hour talking with both Om Malik (whom I’ve always respected his views) and Paul Jozefak , a venturecapital partner at Neuhaus Partners in Germany (and formerly the head of Europe for SAP Ventures). Total raised: $5.0mm.
We had a special edition of This Week in VentureCapital this week shooting out of the Next New Networks offices in New York. Our guest was Mo Koyfman of Spark Capital. Topics we discussed in the first 45 minutes of the video include: What is VC like in NY? We discussed NY vs. Silicon Valley and NY vs. Boston.
Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venturecapital firm with offices in New York and Los Angeles. Greycroft is an early-stage VC. Closing a VC fund in 2009/10 is a major achievement in and of itself. Gilt Group is currently the largest private sale web site in US.
A social analytics platform for Facebook app developers and publishers that provides detailed demographic and engagement data. Analytics also extend to iPhone and web apps using Facebook Connect. Company plans to use the capital to build out sales and marketing and r&d. Tags: This Week in VentureCapital.
Morphlabs , the developer of cloud-based infrastructure software, announced today that it has launched a new, Openstack-powered public cloud platform. The firm said the new software allows service providers to implement their own, public cloud software--and claims that it out-performs the giant in the market, Amazon Web Services.
I hope you’ll excuse me when I do the latter in combination with the former to try and explain how I see macro trends and help you think about the mind of a VC. I first met the founder of Pose, Dustin Rosen , when he was a junior person with an LA-based venturecapital firm called The Mail Room Fund. companies versus the Web 1.0
Because my role as a VC requires me to take and endless stream of meetings I long ago decided I need to learn as much as I can from the meetings I attend so I often just ask tons of questions and assimilate knowledge. When I think about what defines us as a VC I think: Operationally knowledgeable / strong startup competence.
According to Greentoe, it will use the funding for marketing of the site, including a multi-platform advertising campaign across the web, television, and mobile. greentoe venturecapital angel ecommerce retail retailer seed' The funding came from Parker Thompson from 500 Startups/Dave McClure. READ MORE>>.
We held a 90-minute demo session where 150 of LA’s VC’s and senior technology executives watched the LPLA V2 group present in small groups of 12-15 each. The VC’s & executives were then asked to make “commitments&# (in writing) to 3-5 of the companies that they felt they could make some sort of contribution to.
I considered changing to a blog publishing platform that would allow me to change the visual design more easily myself. He runs platform for Upfront Ventures and is doing an amazing job. This Week in VentureCapital' I appreciate beautiful design – I just wasn’t blessed with the skill of producing it.
The funding came from Maurice Gallagher, Bray Capital, Shay O''Brien, and Michael Rogers. Yekra says its system helps match content to viewers by genre, by digitally distributing entertainment through different web sites, blogs, social networks, and other destinations. yekra venturecapital funding digital entertainment content'
Redeye VC , April 13, 2010 Startup Development - SoCal CTO , April 23, 2010 Want to Know the Difference Between a CTO and a VP Engineering? Some great posts from April 2010 that talk to me in terms of being a CTO at a Startup.
The venturecapital industry is so heavily skewed to Northern California, which the remains spilled over Boston, New York & Southern California. So it was wonderful to hear from a leading venturecapital firm based in Washington DC. I run Revolution’s VC investments. Revolution, what is it?
But I guess you could say the same about VC. Stock market declines would bring back dog days of VC. If you want a comprehensive summary of the industry in this era it’s worth a read: VC Ice Age Part 1 – What Happens When a Market Comes to a Standstill? VC Ice Age Part 2 – Why the Market Started Moving Again?
Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venturecapital firms in the country. The VC partner, somebody I greatly respect said, “Yeah, we like Gil and what they’re doing. That’s convenience when your VC is hoping to write the next $20 million check.
One of the great joys of doing the web series This Week in VC every week is that I get to spend time with great people debating the issues of our day including how our industry is evolving as well as insights into how companies got started, got their initial traction and dealt with adversities. Oh, yeah.
Right now, we're working on integrating more data from around the web, and our goal is to really aggregate and curate the information out there. In that sense, we're very independent of Best Buy, because it's all about aggregation and curating information, to become the leading web and mobile digital player in terms of information.
First, I believe that Seesmic has an excellent product – especially the web version of their product and that having another senior and experienced exec like Loic Le Meur would be great for Twitter. Or if they do they should do so without raising venturecapital so that they can still be acquired for reasonable prices.
It is intended for product & tech people – mostly people who want to build cool stuff on the Twitter platform and it will showcase some really cool stuff that has been built on Twitter. Who are you on the web? It’s almost like the web equivalent of Facebook Connect. you’re not following him?
in a venturecapital funding, to launch its social platform for trading goods and services. TradeYa''s platform focuses on letting users trade electronics, gift cards, sporting equipment, vacation homes, as well as services like cooking, web design, medical care, and more. The startup is led by Jared Krause.
Who’s going to help you with improving your marketing / positioning to become a clear platform category leader like Twilio? I need to take some VC meetings. But it did take Brad as a public spokesman, consummate networker and successful VC to help create legitimacy to let David’s ideas flourish.
He was also the founder of Wallstrip, which he sold to CBS back in 2007, is an investor in a significant number of web and social media companies. Howard Lindzon: In 2007, Fred Wilson had offered me some share in Twitter, when they were putting together their first round of venturecapital investments.
The company said the funding will go to hire key personal, further develop its technology platform, and for strategic partnerships. Audiolife's software allows artists to sell downloads, ringtones, CDs, and other merchandise from their web sites, blogs, or social networking sites. Audiolife is headed by Brandon Hance. READ MORE>>.
They have marked-up paper gains propped up by an over excited venturecapital market that has validated their investments. We haven’t hit that wall yet for three reasons: 1) not enough elapsed time, 2) the VC market is frenzied now, too and 3) we haven’t seen a market downturn since the volume picked up.
According to the two companies, the move will create a new marketplace for private growth companies, which combines NASDAQ OMX's experience in the market and resources, and SharesPost's web-based platform for trading private stock. Financial details of the joint venture were not disclosed.
Earlier today, we talked with Greg Martin at Archer VentureCapital. Below, we collect the thoughts of Jim Andelman , a venture capitalist at Rincon Venture Partners. 1) Mobile web. What was the biggest news for you/your firm this year? 2010 was very good to us. I'll list three, not necessarily in order. (1)
I’m very pleased today to announce that I invested, on behalf of GRP Partners, in Burstly alongside Rincon Venture Partners , an early stage VC in Southern California whith whom we love to work (and were our co-investors on RingRevenue ). Burstly is the first open and free platform that helps you optimize all of these options.
“Yes&# was given to me by one of my favorite angel investor / seed VC’s to work with – John Greathouse of Rincon Venture Partners and author of the blog InfoChachkie that you should check out because it is filled with great info from a guy who has been a very successful operator. I see all the deals come together.
Wil Schroter: We're a crowd-funding platform for startups. The issue with most companies that I saw, is that they are outside of technology, and they just don't have access to the traditional funding sources like angels and venture capitalists. If you start an apparel company, there's no YCombinator, no Sequoia Capital for that.
Gravity develops real-time, personalized web pages based on what consumers are most interested in, serving up personalized content on everything from iPad apps to web pages.
link] [link] Posted byTony Karrer at 5:33 PM 0comments: Post a Comment Newer Post Older Post Home Subscribe to: Post Comments (Atom) About Me Tony Karrer Dr. Tony Karrer is CEO/CTO of TechEmpower , a Los Angeles Web Development firm, and is considered one of the top technologists in e-Learning. He has twenty years’ experience as a CTO.
VC's love to talk about their successes. Yet most VC's bury their failures under six feet of denial. In the startup world, the former happens when a VC makes a bad investment, and the latter occurs when they miss a great opportunity. The difference is that VoiceXML does not leverage customers' knowledge of web development.
I asked him if he’d be willing to allow me to interview him for This Week in VC and we filmed it in the offices of Stack Overflow – his new company. In 2008, he founded StackOverflow , and it has become the foundation for a question and answer platform called StackExchange. Building on top of platforms.
Following a six-month trial of its digital mortgage platform, San Diego-based Approved has officially launched its Web-based software for home loan applications. In a recent statement , the 20-month-old startup also said it has raised $1 million in what co-founder and CEO Andy Taylor calls a “pre-seed round.” “Our
Because he was particularly attracted to the idea of positioning Quigo in the business of helping retailers with search, Quigo started building sophisticated technology for applied semantics stuff with web pages. So, what Quigo would do is analyze a web page for Overture and tell them what they thought it was about.
That very big vision is an open database platform, providing data as a service across different verticals. In order to execute in other verticals, we want to bring in a lot more talent, hiring more engineering talent to bolster our core platform, which does a lot. They're most interested in the place database we're offering.
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