Last week we reported that the Forbes 2011 Midas List of the top 100 tech investors included only two women.
Guest Post (Editor’s note: Chad Little is the founder and CEO of FetchBack. He submitted this story to VentureBeat.)
New Enterprise Associates has appointed former Sun Microsystems chief technology officer Greg Papadopoulos as a partner.
Bessemer Venture Partners has raised a $1.6 billion fund, according to the New York Times. That’s a hefty amount that puts the venture fund in the big leagues alongside other premier VCs.
The move by Kleiner Perkins Caufield & Byers, one of Silicon Valley’s leading venture capital firms, to hire former eBay CEO Meg Whitman as an advisor is not an “odd” move, as VentureBeat’s Anthony Ha characterized it. It’s astute and clever.
Guest Post (Editor’s note: Scott Edward Walker is the founder and CEO of Walker Corporate Law Group, PLLC, a law firm specializing in the representation of entrepreneurs. He submitted this column to VentureBeat.)
There is no bubble forming around Silicon Valley or tech startups because white-hot companies like Twitter and Facebook are able to show they have fundamental value and are capable of making money, Phil Black, co-founder at early stage venture capital outfit True Ventures told me today.
Guest Post (Editor’s note: Shawn Parr is CEO of Bulldog Drummond. He submitted this story to VentureBeat.)
Venture capital firm Greylock Partners said today it would expand an early-stage fund to $1 billion and start a growth fund to usher in the next phase of its investment strategy.
For the past seven years, George Zachary has led Charles River Ventures’ investments in a number of big firms, including Areae, Geni.com, GoTV, Millennial Media, Skyrider, SocialMedia Networks and (most notably) Twitter. He’s a man who can spot trends.
The hand-wringing continues over whether or not there is a venture capital bubble forming around hot new Silicon Valley startups. But the increased VC investing in tech is more likely the consequence of investors burned by the stock market getting into alternative investments, Marcus Ogawa, managing partner at venture capital firm Quest Venture Partners, told me today.
StackOverflow, a question-and-answer site popular with programmers and other technical professionals, launched a new site today that helps prospective employers browse the site for talented engineers. It was a hit with most of the judges — but not with Google’s Don Dodge, at least after he saw the price tag.
Guest Post (Editor’s note: Ilja Laurs is CEO and founder of GetJar. He submitted this story to VentureBeat.)
Here’s the latest action we’re following on the GreenBeat today:
Venture Capitalists are increasingly optimistic about the immediate future of investing in Silicon Valley. Their confidence registered 3.75 on a 5 point scale, with 5 indicating high confidence and 1 indicating low confidence, according to the quarterly Silicon Valley Venture Capitalist Confidence Index released today.
Umair Haque thinks that Silicon Valley is in a competency trap. “The things that made it successful yesterday are exactly the things that prevent it from becoming successful tomorrow”.
Here’s the latest action we’re following today on the GreenBeat:
Venture capitalists invested the most money last year since 2007, pumping $21.8 billion into 3,277 deals in 2010, according to a MoneyTree Report released today by PricewaterhouseCoopers and the National Venture Capital Association.
Guest Post (Editor’s note: Robert R. Ackerman, Jr. is the founder and managing director of Allegis Capital . He submitted this story to VentureBeat.)
Venture-capital investors, apparently spooked by declining returns over the past ten years, raised less money for investment in early- and mid-stage startups in 2010 and flocked to late-stage startups.
Guest Post “Raising venture capital is worse than marriage,” says investor and serial entrepreneur Mark Suster. When a marriage doesn’t work out, you can get divorced, but there’s no separation from your VC or angel investors. In this entrepreneur thought leader lecture given at Stanford University, Suster encourages startup owners to thoroughly research investors before accepting their money – and tells you how to do that.
Here’s the latest action we’re following on the GreenBeat:
The world’s largest social consultancy, Dachis Group, got a late Christmas present today, receiving $30 million in second round funding from previous backers Austin Ventures, CEO Jeff Dachis told VentureBeat.
Guest Post (Editor’s note: Larry Chiang is CEO of Duck9 and is also co-moderating the upcoming ReverseVC Pitch Panel and Dinner at Stanford. He submitted this column to VentureBeat.)
Successful exit activity for venture-backed companies rose 25 percent in 2010 from the previous year, reaching levels close to those seen before the recession and netting $39 billion in liquidity for 514 companies, according to a study released today by Dow Jones VentureSource.
It was the best of times, it was the worst of times — at least for Silicon Valley startups in 2010.
New rules from the U.S. Securities and Exchange Commission and a revised reading on which private fund managers must register as investment advisers will have a “profound” effect on traditional venture capital funds in 2011, a lawyer who specializes in VC litigation told me this week.
Guest Post (Editor’s note: Serial entrepreneur Steve Blank is the author of Four Steps to the Epiphany. This story originally appeared on his blog.)
Venture capitalists say they will invest more in 2011 as hiring in the sector heats up and selling begins to shake off the lingering woes of the financial crisis, according to a study released today by the National Venture Capital Association (NVCA) and Dow Jones VentureSource.
Web-based chat client Envolve unveiled plugins today that are said to give it “deep integration” with Drupal, WordPress and other online content management systems. The bootstrapped San Francisco startup hopes the move will help it mount a challenge to Meebo, the leader in the web-based instant messaging space.
Electronic signature cloud platform DocuSign announced today it has closed $27 million in third round financing and added two key hires to its executive team.
Generally speaking, venture capital firms won’t sign non-disclosure agreements – and that’s usually not a problem. When they do reveal secrets, word gets out. That doesn’t mean you should go in unprotected, says attorney Martin Nichols in this Entrepreneur Thought Leader Lecture, given at Stanford University. Tools like provisional patents can help, but if at all possible, a firm patent is your best defense. It’s also wise to give VCs a peek at what you’re doing, but not necessarily a full, extensive look.
Google’s not the only one getting into the increasingly lucrative online group buying business. LivingSocial has just scored a $175 million investment from Amazon.com, a deal whose possibility was first reported by VentureBeat last month.
Guest Post (Editor’s note: Jeff Bussgang is a General Partner at Flybridge Capital Partners. This column originally appeared on his blog Seeing Both Sides.)
Startup FitnessKeeper, the parent company of the RunKeeper smartphone app, has raised $1.11 million and will use the money to build out its nine-person operation and dive into the highly competitive world of now-fashionable mobile fitness applications.
Enterprise cloud management software company Abiquo has raised around $10 million in a second round of funding. The company is ramping up its global sales and marketing in a bid to compete in an increasingly crowded “private” cloud marketplace.
Bing Gordon, a partner with Kleiner Perkins Caufield & Byers, says that his venture capital firm has to gear up for the coming tech boom. That’s one reason that his company hired famous Morgan Stanley analyst Mary Meeker as a new partner on Monday.
Google-backed Internet satellite company O3b Networks has raised $1.2 billion in what is says is its final funding round before it launches its “constellation” of fiber-quality satellites to bring the developing world online.
Venture capital investment in Silicon Valley continues to decrease overall even as angel investors rush into high-value investments in tech stars like Twitter and Facebook, according to a study released today of capital raised in the third quarter.