Remove Seed Funding Remove Snapchat Remove Social Network
article thumbnail

More investors are betting on virtual influencers like Lil Miquela

TechCrunch LA

Betaworks is betting on the content studio aspect through companies like SuperPlastic , a new startup launched by Paul Budnitz, the founder of the alternative social network ello and Budnitz Bicycles. Budnitz is perhaps best known for Kidrobot , a manufacturer of branded collectibles and toys for adults and kids everywhere.

article thumbnail

What Most People Don’t Understand About How Startup Companies are Valued

Both Sides of the Table

Back then Michael Arrington accused some of Silicon Valley’s top seed funds of “colluding” by meeting secretly to talk down the valuation of startups. Of course a group of 10 seed funds can’t fix the prices of a market. What hogwash. For the past 7 years prices have risen steadily.

Startup 285
article thumbnail

The Changing Structure of the VC Industry

Both Sides of the Table

Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc). ” The new narrative is “will my seed funds be able to fund the prorata of their winners?”