Happy Sweet ’16!
Posted at 15:49h, 31 Dec 2015 by Bonnie Halper 1 Comments 135 Likes Share
We are taking this opportunity to wish you all a fabulous New Year and a wonderful 2016. Since it is the end of the year, we would also like to take this time to look back and remember those we lost this past year. We know that it is by no means complete, but here is our list of 10 companies that are no longer with us: Grooveshark, the free online music streaming service that allowed users to upload their own songs, $1.1M in funding lost Zirtual, the virtual assistant service that raised $2M in funding, and suddenly vanished. Investors included Jason Calacanis, Tony Hsieh and Melo7 Tech Partners Poachit, a shopping tool that helped consumers track price changes and find discounts via both web and mobile. $2.8M in funding raised.
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We’re Making a List…
Posted at 15:48h, 22 Dec 2015 by Bonnie Halper 1 Comments 135 Likes Share
The year is drawing to a close and while we’re not fond of doing Best Of lists, what better time to take an accounting of where we stand? So instead of focusing on one issue/person/company that we feel may deserve closer scrutiny, since this is our last newsletter of the year, we’ve decided to cut […]
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Startup Funding and the New Investment Landscape
Posted at 15:46h, 15 Dec 2015 by Bonnie Halper 1 Comments 135 Likes Share
We have noticed in our travels that we encounter more and more strategic investors, aka corporate VCs (CVC), turning up at events – and even at our own Investor Breakfasts - as curious as anyone else about what’s being developed out there – and what they might find that’s under the radar. Early stage and very early stage companies don’t seem to scare them off anymore. Our friend and SOS reader Jessica Peltz-Zatulove– and CVC, who will be speaking at one of our breakfasts very soon, right, Jess? - co-authored an excellent piece that takes a look Inside the Minds of Corporate Venture Capitalists for CB Insights, and one thing is certain: CVCs are paying attention to the online world – and to startups in particular – as they never have before. “One-fifth of all venture deals in Q3’15 included CVC participation... Since 2014, over 127 new CVCs have been formed, further validating CVCs as viable and valuable s...
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May the Farce Be With You
Posted at 15:45h, 08 Dec 2015 by Bonnie Halper 1 Comments 135 Likes Share
It wasn’t a good week for women in technology. First, according to Sequoia’s Sir Michael Moritz, “for all the many smart, driven, capable young women interested in working in technology: apparently, you don’t exist.” Then, no sooner was she born that little Max Zuckerberg’s parents, Facebook founder Mark Zuckerberg and wife, Dr. Priscilla Chan, announced that they were giving away 99% of their Facebook shares (about $45 billion) to help make the world a better place for her.
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