Alexander Haislip
Jawed Karim, the often overlooked co-founder of YouTube, has launched an early stage venture investment group called Youniversity Ventures. Details about the size of the fund were not available. Karim and the firm’s co-founders were not immediately reachable via telephone or email. One venture capitalist familiar with the new fund says it bills itself as […]
Journalist Matt Marshall raised $320,000 for VentureBeat, a technology blog he launched during fall 2006 after leaving The San Jose Mercury News, according to a regulatory filing. The money comes from former Google executive Aydin Senkut’s Felicis Ventures, early Google employee Georges Harik and Mark Sugarman’s MHS Capital Partners. The company’s Series A financing included […]
Early stage VCs fell in love with venture growth equity last year, raised a fist full of funds and are already seeing returns. The idea of growth stage investing has been around since the dotcom days. Sequoia Capital has invested in growth stage companies since 1999, when it raised the $350 million Sequoia Capital Franchise […]
Imagine the breathless quarterback talking to the sportscaster down on the playing field just after the end of the Super Bowl. Sportscaster: “So what are you going to do now that you’ve just won the biggest game of your life?” QB: “I’m going to Disneyland!” One may expect to hear that refrain from Silicon Valley […]
Vinod Khosla and former Nasdaq chairman Michael Brown have invested nearly $2 million of their own money into FatKat, a software company that picks stocks based on algorithms created by artificial intelligence expert Ray Kurzweil. The infusion is part of a $2.4 million Series C round of financing, according to a regulatory filing. Other FatKat backers […]
FilmLoop co-founder and company Chairman Prescott Lee says ComVentures, one of his startup’s backers, forced the short-order liquidation of his startup, did not adequately shop it around to potential acquirers and rolled it up into one of its other portfolio companies at the founders’ and employees’ expense. But he does not claim any laws were […]
JimmyJane, a startup looking to become the Montblanc of vibrating sex toys, late last year raised a $1.1 million Series C financing from a group of investors that includes a limited liability company controlled by a top venture capitalist. PE Week subscribers can found out who by clicking here. The round is still open as […]
EnerNOC, a startup that provides a service designed to maximize the efficiency of energy use on the electrical grid, has raised $2.75 million in additional financing from its venture capitalists, documents show. The startup has raised $16.3 million across its Series A and Series B financing rounds. The new money comes as part of a […]
Venture investment in India skyrocketed in 2006, leading some sanguine pundits to opine that U.S. firms had finally woken up to the subcontinent’s economic potential. But the $1.7 billion invested by VCs into 125 Indian companies during 2006–up from $1.1 billion invested into 70 companies during 2005–has less to do with the region’s innate opportunity, […]
Hedge fund Artis Capital Management scored big when it partnered with Sequoia Capital to invest in YouTube. The firms kept the relationship quiet. Artis prefers to keep its business private. You need a password just to get onto its website. But we broke the news when the deal was done. But YouTube isn’t the only […]