Roundup: VC departure complications, Facebook ToS issues not stopping growth, and more
Here’s the latest action:
Pierre Lamond’s departure from Sequoia: It’s complicated — The famed venture capitalist left top investing firm Sequoia Capital earlier this week to join fellow investor Vinod Khosla — but his defection doesn’t appear to have been as amicable as it first… Continue Reading
Roundup: Yahoo flushes its “poison pill,” Crain’s goes out of print, WordPress goes 2.7 and more
Here’s the latest action:
Yahoo flushes its “poison pill” — One of the reasons Microsoft decided not to go hostile in its bid to buy Yahoo was that the company had a so-called “poison pill” plan in place in which hundreds of millions of dollars… Continue Reading
Source: P2P startup SkyRider has shut down
Troubled peer-to-peer technology startup SkyRider has shut down, a reliable source tells me. I’ve reached out to the company for comment but haven’t heard back.
Mountain View, Calif-based SkyRider took a round of bridge financing last winter, as we reported then; NewTeeVee subsequently unearthed a… Continue Reading
More details on Sequoia’s economic “inconvenient truth” meeting
Updated
Sequoia Capital, a premier Silicon Valley venture firm, held a meeting on Tuesday during which it told its portfolio companies to cut costs and prepare for an economic downturn that could last many years.
The presentation, one attendee tells me, was like the global… Continue Reading
Sequoia has emergency meeting, tells startups to try to survive downturn
Leading Silicon Valley venture firm Sequoia held an emergency meeting yesterday to tell its portfolio companies to get ready for the worst, GigaOm is reporting and which we’ve confirmed from multiple sources. To drive the point home, startups were greeted at the gathering with a… Continue Reading
The supreme reign of content at its end, top VCs back MEVIO with $15M, anyway
These days, even Wall Street analysts are acknowledging that content is no longer king, but MEVIO, formerly known as Podshow, has just received funding from some of the biggest names in the VC world. The company has raised $15 million round in funding, led by… Continue Reading
Roundup: Six Apart launches ad network, Microsoft acquires Xobni…maybe and more
Here’s the latest action:
Six Apart evolves into an ad network — The blogging company behind MovableType, TypePad and Vox is offering a new advertising program which will give publishers more control over ads and revenue from their sites. The company claims its ad network… Continue Reading
Roundup: AMD falls, Sequoia expands, and more
Here’s the latest action:
Advanced Micro Devices is in a world of hurt — The Sunnyvale, Calif. chip company lost $358 million on revenues of $1.5 billion in the quarter. It cited a tough outlook for the computer market, but it is clearly hurting from… Continue Reading
Trulia booms amid a housing bust. Launches Google Street View integration
The real estate market is in serious turmoil and has likely thrown the entire economy into a recession, so you’d think a real estate search startup might not be a hot item. But you’d be wrong.
One such real estate search startup, Trulia, is not… Continue Reading
Kenshoo, SEM analytics company, raises round from Sequoia
Kenshoo helps advertisers with search engine marketing campaigns more efficiently reach search users.
The Israeli company has raised several million from Sequoia.
Search engine marketing is an umbrella term for a variety of techniques designed to increase the visibility of your web site on search… Continue Reading
Sequoia Capital to Yale: “Invest or else”
Sequoia Capital, arguably Silicon Valley’s most successful venture capital firm, is big-footing one of its most respected investors.
It brazenly demanded that Yale University invest in Sequoia’s risky adventures abroad in places like China, India and in later-stage investing. And when Yale refused, Sequoia ejected… Continue Reading
Stumble Video, Seven, Panama, Skype 3.0, Venice Project & more
Here’s the latest round-up of Silicon Valley tech news:
Video launch of the day: Stumble Video — StumbleUpon, the site that lets you “stumble upon” other sites by offering up recommendations based on your perceived interests, has reportedly seen a spike in popularity. So it… Continue Reading
Qihoo raises $25M for new Web 2.0 search engine
Qihoo, a fast-growing but controversial Chinese search engine for Web 2.0 content, has raised $25 million more in a second round of venture capital from credible U.S investors.
This is significant because Qihoo has launched a new kind of search engine, dedicated to Web 2.0… Continue Reading
Sequoia invests $12M in Indian cosmetics co, Paras
Sequoia Capital India has invested $12 million in over-the-counter drug and cosmetic maker Paras Pharmaceuticals, bringing the Indian company’s total raised to $54 million in just the past two months, according to VentureWire (sub required).
In October, U.K.-based Actis Capital made a $42 million commitment… Continue Reading
PodShow raises $15M more for podcasting….yikes!
See our story here.
Jajah grabs attention with free mobile calls
Updated
Jajah, a Mountain View VoIP start-up that began offering free phone calls in June, has gone one better. It is now allows free calls from your mobile phone.
It just launched the service at DEMO.
Jajah is a scrappy, quirky company. It can, without… Continue Reading