July 2006

The Home Run venture capital deal is alive and well [Posted on July 27, 2006 - 12:25 PM]

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For the first time in years, a panel discussion on venture capital in Silicon Valley almost made it through the entire proceeding without discussing investment opportunities in China and... Continue Reading

Vinod Khosla's energy term paper is complete (and 10 pages too long) [Posted on July 27, 2006 - 11:59 AM]

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A lot has been made of Vinod Khosla's interest in clean and green technology startups in recent months. The co-founder of Sun Microsystems and former general partner at Kleiner... Continue Reading

Benioff called pessimistic for first time. Ever. [Posted on July 26, 2006 - 6:20 PM]

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George Kadifa, the general manager of IBM’s on-demand group, said something that may not have ever been uttered before. He said Marc Benioff was pessimistic. Salesforce.com CEO Benioff, the... Continue Reading

Benioff Shocker: On-demand is the future of software [Posted on July 26, 2006 - 5:58 PM]

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Despite saying little new, Salesforce.com CEO Marc Benioff’s keynote presentation was entertaining and loud. Playing on Bill Gates’ bestseller, Benioff’s presentation was entitled The Code Ahead: The Future of... Continue Reading

MySQL’s Mickos: Software patents are killing people [Posted on July 26, 2006 - 3:50 PM]

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Martin Mickos, CEO of open source database maker MySQL AB, compared the problems arising from software patents to the problems caused by cigarette addiction. “It’s killing people all over... Continue Reading

Surprise, surprise: YouTube not for sale [Posted on July 26, 2006 - 3:27 PM]

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This may be news to the venture capitalists at Sequoia Capital that have invested $11.5 million into YouTube, but Chad Hurley, CEO of the online video Web site, said... Continue Reading

Michael Robertson as YouTube’s Shadow CEO [Posted on July 26, 2006 - 1:37 PM]

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Music entrepreneur Michael Robertson had an earful of advice for YouTube CEO Chad Hurley during a panel discussion this morning at the Always On conference. While Hurley skirted most... Continue Reading

Gil Penchina lauds Google, describes eBay as "lock down" [Posted on July 26, 2006 - 1:10 PM]

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Gil Penchina, the new CEO of Wikia, compared Google favorably to his former employer, eBay, this morning at the Always On Stanford Summit conference. During a panel discussion on... Continue Reading

VC Rating: Zillow [Posted on July 25, 2006 - 12:03 PM]

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Company: Zillow Description: Online real estate services Competitors: Real Estate ABC, HouseValues.com Location: Seattle Amount Raised: $25 million Round: Second Date Announced: 7/25/06 VC Firms: PAR Capital, Benchmark Capital,... Continue Reading

What you do with all that carry [Posted on July 19, 2006 - 11:19 AM]

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For more on Kleiner Perkins Caufield & Byers co-founder Tom Perkins' new yacht, see: CNET San Jose Mercury News Dealscape Tags: tom+perkins, kpcb, vc, venture capital.... Continue Reading

First Round Capital opens West Coast office [Posted on July 18, 2006 - 6:42 PM]

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Aside from ramping up its investment pace, First Round Capital is ramping up its manpower. The early-stage venture capital firm has opened up a new office in San Francisco... Continue Reading

Blog search engine financings come in pairs [Posted on July 13, 2006 - 5:05 PM]

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New rounds of funding for blog search engines, Technorati and Feedster, were revealed today. No new major outside investors to speak of in either company's deal. That makes an up... Continue Reading

VC Exit Rating: CipherTrust [Posted on July 13, 2006 - 1:23 PM]

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Company: CipherTrust Description: Security software Location: Atlanta Amount of VC raised : $42 million VC firms: Battery Ventures, Greylock Partners, U.S. Venture Partners, Noro-Moseley Partners, Silicon Valley Bank VC... Continue Reading

VC Rating: SecondSpace [Posted on July 13, 2006 - 12:12 PM]

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Company: SecondSpace Description: Online service for baby-boomers Competitors: ThirdAge, MyPrimeTime, CBS Location: Seattle Amount Raised: $6.5 million Round: First Date Announced: 7/11/06 VC Firms: Ignition Partners VC Directors: John... Continue Reading

VC Rating: Engage [Posted on July 12, 2006 - 12:13 PM]

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Company: Engage Corp. Description: Online dating Competitors: Match, Yahoo Personals, eHarmony Location: San Francisco Amount Raised: $5 million Round: Second Date Announced: 7/11/06 VC Firms: Advanced Technology Ventures, The... Continue Reading

Bebo-BT B.S. [Posted on July 11, 2006 - 7:33 PM]

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TechCrunch reported earlier today that Bebo recently rejected a $550 million offer from BT Group. I have no inside knowledge and maybe I'm just having an extreme case of... Continue Reading

NBC better hurry up, Burning Man fans consider their own bid for Tribe.net [Posted on July 11, 2006 - 3:17 PM]

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As NBC continues its due diligence in advance of a possible purchase of Tribe.net, a grass roots effort by Burning Man participants to buy Tribe.net themselves is developing. Tribe.net... Continue Reading

DailyCandy valued at $130 million (just don't ask who invested or how much was raised) [Posted on July 11, 2006 - 2:43 PM]

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This isn't the first time DailyCandy has held its fundraising details close to the vest. In June, 2001, the New York-based urban information service raised $440,000 in first round... Continue Reading

David Hornik finds BBQ.com 1.5, Can I find Bed.com 2.0? [Posted on July 11, 2006 - 2:03 PM]

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A few savvy entrepreneurs have picked up on August Capital general partner David Hornik's frustration with his recent online shopping experience for a barbecue by incorporating that into their... Continue Reading

VC Exit Rating: Digital Optics [Posted on July 11, 2006 - 1:32 PM]

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Company: Digital Optics Description: Optical components Location: Charlotte, N.C. Amount of VC raised : $45 million VC firms: J&W Seligman & Co., Carolinas Capital, Intel Capital, Intersouth Partners, Wakefield... Continue Reading

Matt Asay advises tragically hip VCs to give it up, I say do it right [Posted on July 10, 2006 - 6:35 PM]

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Novell exec Matt Asay has some advice for venture capitalists desperately searching for the next great deal by doing just about anything to build relationships with the 20-something engineering... Continue Reading

NEA raises $2.5 billion, trails Oak by $60 million for biggest ever [Posted on July 10, 2006 - 6:03 PM]

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New Enterprise Associates came $60 million short of raising the largest venture capital fund ever when it said today it has closed its twelth fund at $2.5 billion. That... Continue Reading

NBC to buy Tribe.net, Burning Man sponsorship to follow? [Posted on July 7, 2006 - 3:21 PM]

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