• Shutterfly Buys Tiny Pictures For A Tiny Price

    After raising a total of $11.2 million since its founding in 2005, Tiny Pictures sold to Shutterfly on Friday for $1.3 million in cash and another $1.3 million in restricted stock to employees, which has some performance triggers. If you back out the earnout, investors only got back about a tenth of what they put in. Those investors include Mohr Davidow, Draper Fisher Jurvetson, and angel… Read More

  • The Top 100 Networked Venture Capitalists

    Do venture investors with the biggest and best networks end up producing the best returns? An academic paper from a few years ago by Yael Hochberg, Alexander Ljungqvist, and Yang Lu titled “Whom You Know Matters: Venture Capital Networks and Investment Performance” (embedded at the bottom of this post) suggests that is the case. They looked at historic venture returns and found… Read More

  • Glam Snaps Up AdaptiveAds

    Glam Media has acquired AdaptiveAds, a startup based in Mumbai, India that serves display ads targetable by the demographic characteristics brand advertisers understand (such as “Women 24-40, Fashionista, Beauty”). It calls its contextual display ads BrandWords. They will now be called Glam AdaptAds. The purchase price was not disclosed, but AdaptiveAd was shopping around a series… Read More

  • Aniboom Believed to Raise $10 Million from DFJ

    Update 6/27/08: The round is now confirmed. Additional investors include DFJ Tamir Fishman Ventures and Evergreen Venture Partners Israeli-based animation site aniBoom is about to announce a $10 million B round, a source tells us. We believe the round was led by Draper Fisher Jurvetson, although the company won’t confirm this. An announcement is expected on Monday. The company… Read More

  • Draper Fisher Jurvetson Enters Brazilian Market

    Venture capital firm Draper Fisher Jurvetson has announced its entry into the Brazilian startup and investment market, joining with early stage Brazil focused venture capital firm FIR Capital Partners to form the DFJ FIR Brazil Fund. The new fund starts with $40 million, focused on funding Brazilian based entrepreneurs with a vision to build global new technology companies. The partnership is… Read More