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
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
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
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
According to a regularly filing NowThis Media has raised $4M in additional funding. The company previously raised $5M under the name DailyPlanet Nework in April 2012 and its founder Ken Lerer is famously the cofounder and former Chairman of Huffington Post. The company runs the social news site NowThis News, Continue Reading
In December 2012 The Fancy quietly filed a funding event for $6M, which appears to have gone unreported by the press. Today in a regulatory filing they revised that amount to $15M, bringing total reported funding to just shy of $60 Million. This investment comes on the heels of $26.4M Continue Reading
At a taping of the Colbert Report, which will air at 11:30pm Eastern Time tonight, the founders of Snapchat sat down for an interview. Don’t want to wait to hear what happens? You’re in luck, a source who attended the taping has the scoop. The popular image sharing service, which Continue Reading
In an interview at TechCrunch Disrupt yesterday venture capitalist Chamath Palihapitiya said the tech world at large should be ashamed for being “at an absolute minimum in terms of things that are being started”. Venture capitalists telling founders they should feel badly about the work they pour every waking moment Continue Reading
According to an SEC filing today, Atlanta-based enterprise software testing company Mobile Labs has raised $2,962,729 from undisclosed investors in an equity financing. The company was founded in 2011 and is lead by President & CEO Don Addington. Advisory board members include Neil Edwards, who is President of PangoUSA in Continue Reading
It was reported in early February that the two product managers, hailing from Google (Walk) and Twitter (Patel) would raise a $25M first fund. It appears fundraising has gone so well that the two have closed are raising and additional $10M, bringing the total to $35M according to their Form Continue Reading