When Thomas Foley started Xpert Financial in 2009, he had a simple thesis: Going public was too costly for most companies, and the private fundraising process was overly opaque. So he created an electronic exchange for private companies to raise...
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Photograph by Joho/cultura/Corbis
Thomas Foley's next act is a new company called CapRally that is backed by venture capitalist Tim Draper.
Entrepreneur Tries Second Act After Secondary Market Fizzles
Courtesy of Udacity
More than 753,000 students worldwide have signed up for Udacity since January.
Udacity Raises $15 Million as Money Pours into Online Education
Udacity, the digital university co-founded by artificial intelligence and robotics pioneer Sebastian Thrun, has raised $15 million, joining a crop of online education startups to attract venture capital this year. The financing was led by Andreessen Horowitz and included...
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Courtesy Paivi Kankaro
Nora Abousteit founded Kollabora, which sells patterns and material for knitting and sewing projects.
DIY Site Draws Investors as It Expands From Sewing to Soldering
Knitting, sewing and jewelry-making may not seem like the height of geekdom, but that hasn’t stopped one e-commerce site from attracting the attention of some influential technology investors. New York-based Kollabora, a website that sells patterns and supplies to help hobbyists create...
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Photograph by L. Shaefer
Brad Garlinghouse said startups are raising venture capital at high valuations, picking numbers for the purpose of “chest-pumping.”
Valley Veteran Brad Garlinghouse Sees Signs of Tech Bubble
Even as Facebook and Zynga shed more than half their value in the public market, Silicon Valley veteran Brad Garlinghouse sees signs of a technology bubble. The former executive at AOL and Yahoo said startup founders are raising venture capital...
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Photograph courtesy TransluSense
Mark Collins, left, and Jason Giddings agreed to a $3 million investment on a glacier in the Swiss Alps.
After Raising Money on Kickstarter, Side Project Lands Another $3 Million
(Updates to add comment from Kickstarter in last graph.) When Jason Giddings posted his idea on Kickstarter in November to build a glass keyboard and mouse controlled by multi-touch gestures similar to the iPad, he didn’t even have a name for it. The...
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Photograph Courtesy of Palo Alto Networks
Greylock Partners is reaping rewards from business software companies such as Palo Alto Networks and Workday.
Greylock Follows Facebook Win With Business Software IPOs
Greylock Partners has gained accolades – and bundles of money — in the past 15 months from early bets on consumer Internet brands Facebook, LinkedIn and Pandora. Now, it’s reaping rewards from investments in the lesser known but still lucrative arena of business software, where Greylock...
Read more »Chinese, Indian Companies Land Largest Mobile VC Investments
With Apple’s iPhone and Google’s Android dominating the market, it’s easy to think of Silicon Valley as the center of the mobile universe. But when it comes to the industry’s largest venture capital investments during the first half of the...
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Y Combinator’s Young Startups Tout Revenue Over Users
When Jamie Wong pitched her online travel startup Vayable to the hundreds of investors at an event yesterday put on by Y Combinator, one slide in her presentation drew an audible chuckle from the audience. A graph showed that Vayable’s...
Read more »Discovery Bay Games Raises $15M From Trilogy Equity, Logitech
Discovery Bay Games, which makes tablet accessories such as an iPad controller for classic Atari titles, announced today it raised $15 million. The funding round, led by Trilogy Equity Partners LLC and Logitech, will help the Seattle-based company release a...
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Courtesy Hotel Tonight
Kirsten Green invested as an angel in e-commerce startups, including beauty supply company Birchbox and mobile booking site Hotel Tonight.
Forerunner Ventures Raises $40M to Back E-commerce Startups
Even with large, established venture firms and celebrity angel investors chasing hot deals at sky-high valuations, Kirsten Green sees an opportunity for a brand new venture fund. Green said today that her firm, Forerunner Ventures, has raised $40 million to...
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