5 O’Clock Roundup: Up rounds, more fiber, Google Flu
Some positive news in the land of VC – A survey by law firm Fenwick & West found that 41% percent of new financing in the third quarter was for up rounds, which means the company’s valuation was raised from the previous round. OK, that still leaves 59% of non-up rounds, but it’s a change from the we’re-all-doomed early days of 2009. As one lawyer puts it,“There’s the feeling that the world just didn’t fall off a cliff.”
John Doerr not up to run for governor – After San Francisco mayor Gavin Newsom withdrew from the race for California’s top job, the San Francisco Chronicle ran an article examining Doerr’s potential to pull the state’s Democrats together. Doerr, one of the star speakers at our upcoming GreenBeat conference, has put the word out that it’s no No NO.
But it’s yes yes yes that you can still get tickets for GreenBeat.
Obama’s people promise to speed up $7.2 billion in broadband grants – Officials at the Commerce and Agriculture Departments are working to “get the funds out the door faster” and create jobs. They’re also considering paying for rural lines that could be shared by multiple companies, rather than allowing mini-monopolies on those lines.
Finding flu vaccine information in one easy Googly place – google.com/flushot is your one-stop shop for finding vaccination locations and other information. Thanks again, 20 Percent Time.
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