Danger, and its IPO
Updated again
It’s dangerous to predict your IPO. Hank Nothhaft, chief executive of Danger, the Palo Alto company providing the software for the T-Mobile Sidekick, said confidently back in 2004 that Danger had raised its last round of venture capital. An IPO was in the cards for 2005, he said.
But that’s history. Danger has just raised $10.3 million more in funding. It plans to top it off for a total new injection of $12.3 million fifth… Continue Reading
Mobius faction aims to raise $175 million to $200 million fund
We’ve mentioned the decision by Silicon Valley firm Mobius Venture Capital to throw in the towel, and to not raise another fund, due to poor performance.
Now Brad Feld, one of its partners, is joining up with four other Mobius professionals to strike out on their own. That Feld was trying to do this has been known, but VentureWire (sub required) has more details, mentioning that the plan is to raise $175 million to $200 million.
The… Continue Reading