venture funds

venture funds

The Next Hot Tech IPO Is Just About To Happen: Workday Finally Files

www.businessinsider.com
In a season of hot enterprise IPOs, one of the most anticipated IPOs is finally rolling: Workday. Workday makes cloud software that helps enterprise do human resources functions. Its founders have a storied history with their arch-rival, Oracle. Workday filed for a $400 million offering, though that's only a placeholder...
The Next Hot Tech IPO Is Just About To Happen: Workday Finally Files

Bad returns be damned: Venture capital fundraising jumps 31 percent in U.S.

www.geekwire.com
We’ve seen a flurry of activity in recent weeks among Seattle area venture capital firms, led by Madrona Venture Group which raised $300 million last month and Divergent Ventures which pulled in $6.9 million of what partners hope will be a much larger fund. Meanwhile, SEC filings indicate that Frazier Healthcare and Voyager...
Bad returns be damned: Venture capital fundraising jumps 31 percent in U.S.
Thanks Groupon: NEA closes monster $2.6B fund

CalPERS CIO: Cleantech has been a noble way to lose money

gigaom.com
The chief investment officer of the country’s largest pension fund, the California Public Employees’ Retirement System, says that it’s lost a considerable amount of money investing in clean technology. CalPERS had a close to 10 percent negative return (9.8 percent) on the around $900 million that it’s put in the...
CalPERS CIO: Cleantech has been a noble way to lose money

If You Own More Than One Computer, You Have To Check Out This App, Pertino

www.businessinsider.com
If you own more than one computing device, or work for a small company that has remote employees, Pertino could be good for you. We previously told you about Pertino's CEO, Craig Elliott, who's career was launched in 1984 at age 23 when Steve Jobs gave him a Porsche. We...
If You Own More Than One Computer, You Have To Check Out This App, Pertino

TicketFly Raises $22 Million in Series C Round

allthingsd.com
Social ticketing platform TicketFly announced Wednesday the closing of a $22 million Series C investment round led by SAP Ventures, with participation from Northgate Capital, Cross Creek Capital and Mohr Davidow Ventures. The company has raised a total of $37 million in venture funds since being founded in 2008, and...
TicketFly Raises $22 Million in Series C Round

Sources: Spotify Takes Investment From Sean Parker At Founders Fund

techcrunch.com
This is has not been confirmed by either party, but we’ve heard from multiple sources that European music startup Spotify has closed a venture investment from Founders Fund. Managing Partner Sean Parker, who was a cofounder of Napster and President of Facebook, led the round for Founders Fund, and we...
Sources: Spotify Takes Investment From Sean Parker At Founders Fund

Why We Need To Kill "Big Data"

techcrunch.com
It’s the New Year and along with resolutions about eating healthier, being kinder and exercising more frequently; I’d like to add one more to the list. Let’s banish the term “big data” with pivot, cloud and all the other meaningless buzzwords we have grown to hate. To be completely honest–I...
Why We Need To Kill "Big Data"

Samsung Aims to Boost U.S. Presence With $1.1 Billion in Venture Funds

allthingsd.com
Samsung Electronics said on Monday that it is launching two venture funds worth a total of $1.1 billion as well as a strategy and innovation center on Menlo Park’s Sand Hill Road. A $100 millon Samsung Catalyst Fund will focus on early-stage companies while a $1 billion Samsung Ventures America...
Samsung Aims to Boost U.S. Presence With $1.1 Billion in Venture Funds

CrunchBase partners with 11 top VC firms to launch venture program for providing more timely data

thenextweb.com
Technology database CrunchBase, a creation of TechCrunch, has announced the formation of a Venture Network designed to encourage engagement from the investment community. At launch, it has partnered with 11 notable venture capital firms, including Sequoia Capital, TechStars, Andreessen Horowitz, SV Angel, Foundry Group, CrunchFund, and 500 Startups. As members...
CrunchBase partners with 11 top VC firms to launch venture program for providing more timely data

Java Application Deployment Platform Jelastic Raises $2 Million from Russian Venture Funds

techcrunch.com
This post is written by our regular contributor Natasha Starkell, the CEO of GoalEurope, the outsourcing advisory firm and a publication about outsourcing, innovation and startups in Central and Eastern Europe. Twitter @NatashaStarkell. Gplus.to/natashastarkell. Jelastic, a U.S./Ukrainian/Russian provider of a cloud-based deployment platform for Java apps, has closed a $2...
Java Application Deployment Platform Jelastic Raises $2 Million from Russian Venture Funds

A Generational Shift at Kleiner Perkins

blogs.wsj.com
As Silicon Valley venture-capital firm Kleiner Perkins Caufield & Byers raises a new early-stage fund, it is also making some internal changes. Several of the firm’s longtime partners aren’t being listed as general partners for the new fund, dubbed Kleiner XV, said a person familiar with the matter. Specifically, Ray...
A Generational Shift at Kleiner Perkins

The hard truth: Report says 75% of VC-backed startups fail

www.geekwire.com
Embrace failure (Wikipedia photo) Over the years, I’ve covered hundreds of startup closures, from high-profile flameouts like HomeGrocer.com to smaller lesser known upstarts that never really got off the ground. Now, according to research from Harvard Business School lecturer Shikhar Ghosh, there appear to be a lot more failures going...
The hard truth: Report says 75% of VC-backed startups fail

IBM’s Pick of SugarCRM Creates More Rivals for Oracle

allthingsd.com
Much has been made of the rivalry between Oracle Corp. and Salesforce.com Inc. in cloud computing. But last week a venture-backed start-up secured one of the richest contracts in business for software to manage sales, marketing and customer relationships. International Business Machines Corp. disclosed it will replace its Oracle/Siebel customer...
IBM’s Pick of SugarCRM Creates More Rivals for Oracle
Is the technapolocalypse upon us as investments drop in Q3?
VC returns improve for 10-year horizon, but you'd still be better off investing on Wall Street

To Angel or LP: Investing Guide for New Tech Millionaires

www.hunterwalk.com
Facebook's S-1 caps an amazing last few quarters of tech wealth creation with LinkedIn, Zynga, Groupon and Pandora going public and small/medium acquisitions continuing to occur at a healthy pace. Many of these new millionaire employees will likely become angel investor hobbyists, using their wealth to kickstart the next generation...
To Angel or LP: Investing Guide for New Tech Millionaires

Investors Bet On Startups Like Record Labels Bet On Pop Stars

www.businessinsider.com
Inc writer Burt Helm trailed music startup Turntable.fm for three months and wrote a 4-page article for the May issue. In it, Helm writes a theory about technology entrepreneurs and investors. He says coders are the new rock stars, and there isn't much method to investor madness. "Coders are the...
Investors Bet On Startups Like Record Labels Bet On Pop Stars

Russian tech hub Skolkovo in 2012 by the numbers: $97m in grants, 750 residents, 49 funds

thenextweb.com
Russian innovation center Skolkovo has announced its preliminary results of 2012, boasting several hundred new companies, more than a hundred intellectual property items and $97 million given to startups in grants. Two years since it was launched, “Russian Silicon Valley” is showing pretty good results — at least in attracting...
Russian tech hub Skolkovo in 2012 by the numbers: $97m in grants, 750 residents, 49 funds

Canada looks to create new visa for startups, hopes to clear backlog by 2014

thenextweb.com
Canada plans to create a new class of visa for immigrant entrepreneurs, specifically with the goal of attracting those in the technology sector to come to the country and start new companies. The plan is simple: venture investment funds choose entrepreneurs, the Canadian government tries to clear them for entry...
Canada looks to create new visa for startups, hopes to clear backlog by 2014
Foundation Medicine uses DNA, $42.5M to treat cancer

Index Ventures Puts Heavyweights Behind New Seed Fund

techcrunch.com
Index Ventures, a European based venture fund that has also invested heavily in U.S. startups, will launch a new seed fund on Monday to focus on early stage deals. Partners Neil Rimer, Danny Rimer, Saul Klein and Mike Volpi will manage Index Seed. The fund is partnering with existing seed...
Index Ventures Puts Heavyweights Behind New Seed Fund

DEV, NYC’s New Seed Fund For Digital Media Startups, Announces First Investments

techcrunch.com
Here comes money for media startups: former MediaNet CEO Alan McGlade and VC Michael Yang are announcing the launch of a new NYC-based firm called DEV (Digital Entertainment Ventures) whose early stage capital fund which will invest in next-gen digital media companies. To kick off its launch, DEV is today...
DEV, NYC’s New Seed Fund For Digital Media Startups, Announces First Investments
Chart: VC returns on the mend
Reid Hoffman: Y Combinator Is "Definitely Seeing Some Stress Signs From Size"
An Investor Who Backed eBay Says Now Is A Great Time To Do Consumer Internet Startups

Venture Capital Creating Systemic Risk???

www.avc.com
Rhode Island Senator Jack Reed was quoted in the WSJ yesterday saying that VC firms managing $30mm of capital or more need to report to the SEC because "the government needs the reporting requirement so it can assess whether these private pools pose a systemic risk to the financial...
Venture Capital Creating Systemic Risk???
Sequoia Capital’s $1 Billion Raise Is Very Much About Going Global

With 'wind at their backs,' VC fundraising totals surge

www.geekwire.com
There’s been a lot of chatter about the venture capital model being broken. But that’s not stopping the money spigots from flowing. According to a report out today, venture capital firms in the U.S. raised $17.5 billion during the first three quarters of the year, a 38 percent increase over...
With 'wind at their backs,' VC fundraising totals surge

LOVE IT!!! PEhub busts pay-for-play “Hugh Sloan III”

calacanis.com
I love this… Go PEHUB!!! j http://www.pehub.com/64163/the-underbelly-of-silicon-valley-vc-finders/ Random Ramblings We’ve spent lots of time here discussing pay-to-play, in the context of public pension officials and the placement agents who bribe them. But there is percolating pay-to-play issue that we’ve only mentioned in passing: The issue of VC conference organizers who...
LOVE IT!!! PEhub busts pay-for-play “Hugh Sloan III”
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