Accel Partners, Facebook backer, raises new fund
Accel Partners, the Silicon Valley firm that backed Facebook two years ago and expects to make a major profit from that company, has raised a new $520 million fund.
The new fund comes at a time of considerable momentum for the firm. Over the past year, ten of its companies have been bought or gone public each boasting a value of $100 million more.
The cash gives the company fresh “gunpowder” to invest in new companies, now… Continue Reading
The top five VCs under 40 — what do you think?
The Mercury News has just run a story listing the top five venture capitalists under the age of 40. Reporter Constance Loizos has done a good job with the selection. Here’s her intro.
Below are the names of the VCs and links to short profiles.
1. Danny Rimer. Hits: Skype, Tellme.
2. Roelof Botha. Hits: YouTube.
3. Peter Thiel. Hits: Facebook
4. Peter Fenton. Hits: Reactivity, JBoss, Wily.
5. Kevin Efrusy. Hits: Facebook
Of these, who do you think is tops? Admittedly,… Continue Reading