Meet the new Midas List, same as the old list
Forbes has released the latest edition of its Midas List ranking of the top investors, and it’s full of familiar faces. The top four spots are literally identical to last year’s list, with Google backers John Doerr (of Kleiner Perkins), Michael Moritz (of Sequoia Capital), Ram Shiram (of Sherpalo), and Stanford Prof. David Cheriton holding on to their titles as the titans of venture capital. The lack of movement isn’t too surprising, since VCs didn’t… Continue Reading
Aster Data raises $12M for cheap warehousing
Aster Data Systems, which stores data for social networking site MySpace (and others), has raised $12 million in a second round of venture funding.
The Redwood City, Calif. startup offers “frontline data warehousing,” which basically means storage of all of a company’s data for business analysis. Aster dubbed its system nCluster because the data is spread across clusters of cheap servers. The company says nCluster offers three key innovations compared to competitors like Teradata, Netazza and… Continue Reading
Google digest: 900 millionaires, “Tips” removed, China moves, and toolbar war,
Here’s the latest news on Google stuff:
Google’s 900 millionaires figure out what to do with their money — Recent estimates suggest more than 900 Googlers became millionaires at the initial public offering, and that 100 of the first 300 workers have quietly resigned. Meanwhile, early Google investor David Cheriton (he joined Ram Shriram, Bechtolsheim and others in the first $1 million angel round) turned his $200,000 into more than $1 billion, and yet is still too… Continue Reading