Yesterday brought bad news for Elevation with a report that superstar partner Marc Bodnick was leaving the firm. The story seems to have gotten a lot more interesting today. We’re hearing reports that Bodnick isn’t simply heading for a new sexier venture firm– he’s heading to Quora to become the company’s CFO. This certainly adds some credence to those who believe Quora is more than just the next… → Read More
Back in August we reported that Elevation Partners had signed a letter of intent to buy secondary shares in Pandora, the long-suffering, now-hot online radio station. I wondered what ever happened to that deal, so I started digging. As it turned out, shares were sold but Elevation didn’t get them.
Here’s what we’ve been able to piece together, from several sources on different sides of the… → Read More
It’s no surprise that bands and musicians are trying to harness the viral power of Twitter. Music is a big part of Twitter’s content, as we’ve written about in the past. But recently the Bay Area band Moonalice, whose lead guitarist is well-known venture capitalist and Elevation Partners co-founder Roger McNamee, staged several concerts on Twitter and has seen some impressive results using Twitter… → Read More