In April we reported that the Tableau Software IPO would be for $150M, but the latest regulatory filings show the company could raise quite a bit more, with the top of the range set at $215M. The Seattle-based company is profitable, earning a net income of $1.4 million in 2012 Continue Reading
Danielle Morrill
Tableau Software Ups IPO Amount from $150M to $215M
Funders Club Announces It Will Take 20% Carry on Future Investments
FundersClub, the first online venture capital firm recognized by the SEC, announced in an email today that it will now take the industry standard 20% carried interest on future funds formed to invest in startups on its platform for accredited investors. The announcement comes just over a month after the Continue Reading
Clustrix – #5 on YC Startup Index – Raises $16.5M Series C
This morning Clustrix announced they have raised $16.5M in a Series C round from Sequoia Capital, U.S. Venture Partners, ATA Ventures and Don Listwin. They are one of the earliest Y Combinator companies, founded in 2005 with nearly $47 million raised to date. Clustrix was ranked #5 on our Y Continue Reading
New Fund Formed to Hunt Zombie VCs & Private Equity Funds
These zombie stories just won’t die. Last week Kirchner Group and Crestline Partners announced a joint effort to give limited partners (LPs) liquidity: There is an estimated $100 billion in private equity assets managed by funds past their investment periods, according to industry estimates. Many of these so-called “zombie funds†Continue Reading
Startup Index: Y Combinator Companies Have More Than 2x the Momentum of 500 Startups, 3x Techstars
How to Read the Startup Momentum Index Momentum measures a quantity of motion, measured as a product of its mass and velocity. In case we want to measure the momentum of a startup (the “bodyâ€) where mass is the company’s share of web traffic (as measured by Alexa rank) and Continue Reading
Uber Takes on Lyft with Aggressive “Shave the Stache” Mobile Billboard
This morning at brunch Kevin remarked to me that he’d been seeing a lot more Lyft cars (a donation-based private P2P taxi service) around lately – so I was surprised at the coincidence when just an hour later the driver of the locally famous Disco Lyft car shared an this Continue Reading
New York Startup Fliqq Raises $430K for Realtime Social Video
Fliqq revealed in a regulatory filing that they have raised a seed round of equity funding. It looks like the company was in startup alley (basically the expo hall) at TechCrunch Disrupt NYC last week and, according to Nibletz.com, they are currently working with celebrities like Wyclef Jean to help Continue Reading
7 Startup Funding Headlines I Didn’t Have Time to Write Today
The Creators of PerkyJerky – Beef Jerky with caffeine in it – Raise $2.3M Source: Regulatory Filing More: Company Website WestView Capital Partners has filed its intent to raise a $430M 3rd fund. Source: Regulatory Filing Atlanta-based GetOne raised a seed round of $515K for their digital loyalty rewards startup Continue Reading
Judge and Prepare to Be Judged
Much of the feel good media coverage of startups today is so superficial and manufactured it can hardly be called news. Investigative journalism covering tech startups is extremely rare, and when it does happen it’s written in a snarky fashion full of speculation, rather than research and data. That’s why Continue Reading
April 2013 Startup Index: 1,183 Companies – 71% Are Growing
Through the startups indexes I’ve been creating in the past month I’ve developed a database of over 1,000 companies with dozens of signals each. This list includes ALL the startups in my database, across all the portfolios that have been indexed so far, ranked by momentum. Of the 1,183 startups Continue Reading