Sequoia Capital and the student-run Princeton publication Business Today held their first Start @ A Startup conference this weekend, where more than 100 students (largely, but not entirely, from Ivy League schools) were recruited to join the startup world.
At least that’s the broad outline that Sequoia partner Bryan Schreier and Dropbox vice president Sujay Jaswa (Jaswa is the one speaking in the… → Read More
TechCrunch founder Mike Arrington sat down with Sequoia Capital partner Roelof Botha in another fireside chat at TechCrunch Disrupt NY 2012 this morning. Prior to joining Sequoia Capital in 2003, Botha served as the Chief Financial Officer of PayPal during its sale to eBay, and today considers himself a champion of consumer web plays. He also sits on the board of hot startups like Eventbrite… → Read More
Demand for private company shares declined in the second quarter versus the first quarter but was up sharply year-over-year, according to a new report released today by SecondMarket. The market for private company stock saw $112 million in transactions last quarter, versus $156 million in the first quarter, or down 39 percent sequentially. On an annual basis, however, it was up 120 percent over… → Read More
My, what big eyes you have Jawbone! It hasn’t even been four months since the consumer electronics company closed its $49 million in funding from Andreessen Horowitz and already it’s making funding news again.
Jawbone has raised another round of growth funding, this time it’s $70 million from a group of unnamed investors advised by JP Morgan Asset Management. This brings the total raised so far… → Read More
Social advertising is the next hot thing, and startups are starting to come out of the woodworks with different approaches. One to watch is Taykey, a startup we first wrote about a year ago, but which is launching today with a fresh $9 million B round from Crescent Point, Sequoia, and Softbank Capital. It previously raised $2 million in June, 2010 from Sequoia Israel.
Taykey tries to determine… → Read More
Mu Sigma, a startup that provides ‘decision sciences’ and analytics services to help companies make business decisions based on ‘big data’, has secured $25 million in Series C financing from Sequoia Capital.
According to several sources Airbnb is in the process of closing a whopper of a funding round: $100 million or more at a $1 billion-plus valuation. The round is being lead by Andreessen Horowitz, and includes participation from DST, say our sources.
Any seasoned investor knows that past performance is not indicative of future returns. That is as true with public stocks as it is with venture capital firms. But if someone were to ask you to rank the top VC firms today based on their probability of success, how would you do it? Remember, looking at past returns won’t help you.
It was only a few shorts weeks ago that we reviewed Onavo, the must-have iOS app that significantly shrinks data consumption. We were so impressed with the app’s ability to save users money on their data usage plans, that we went so far as to say that every iOS user should download it.
The proceeds of the financing rounds will be used to strengthen Milanoo’s product supply system, optimize its online shopping platform, allow it to lower its prices and to hire more people. → Read More
Messaging apps that let you use your smartphone to text or chat with your friends or even large groups of people, often free of charge, are red hot. We’ve heard from a reliable source that one of the companies making waves in the space, WhatsApp, has just secured $8 million in financing from Sequoia Capital, and possibly other investors.
WhatsApp enables users of iPhone, Android, Blackberry and… → Read More
In case you missed it, being a super angel is officially passe. The new hotness is having a late-stage growth cash. Sequoia Capital is doing it. Andreessen Horowitz is doing it. Kleiner Perkins Caufield & Byers is doing it. Accel is doing it. Hell, even Chris Sacca is somehow doing it.
Greylock is the latest to officially join the club, with news today of an expansion to its current fund… → Read More
Earlier tonight, Mike posted a bombshell that must have made super angels shudder. Not content with the grenade he threw into the late-stage investing world with aggressive investments in Facebook, Groupon and Zynga, tonight Yuri Milner announced a new partnership with Ron Conway that offers similar you’d-be-crazy-not-to-take-this-deal terms for every Y Combinator company.
But you know who might… → Read More
Sequoia Capital partner Mark Kvamme is leaving the firm in a full time role to become the director of the Ohio Department of Development, where he will focus on driving Ohio’s economic growth. He was appointed by incoming governor John Kasich.
Kvamme joined Sequoia in 1999 and led early investments in LinkedIn, MarkLogic, Funny or Die, StrongMail and CastIron Systems (acquired by IBM). Prior to… → Read More