VC

Playdom raises another $33 Million in VC

Jun 22nd, 2010 | By Startup Addict | Category: VC, venture capital

Social gaming startup Playdom raised another $33 million from Walt Disney, Steamboat Ventures, New World Ventures and Bessemer Venture Partners. This infusion of cash is on the heels of $43 million dollars from nine months ago. So far sources indicate the cash has been used for acquisitions of social gaming startups. The original [...]



Andreessen Horowitz

Aug 2nd, 2009 | By Startup Addict | Category: VC, venture capital

Embedded video from CNNMoney.com Video
Internet Entrepreneur legend Marc Andressen and business associate Ben Horowitz have created a $300 million venture capital fund called Andreessen Horowitz. Investments in startups will range from as small as $50,000 to $50 million dollars. The strategy is too get as many game changing companies with seed money as possible probably [...]



Seed Program at Spark Capital

Mar 30th, 2009 | By Startup Addict | Category: VC

Spark Capital has launched a seed program for entrepreneurs called Start at Spark and will fund a convertible loan up to $250,000 bucks (converted to equity at a 20% discount in the second round of funding).
This is very similar to the CRV start program at Charles River I touched on a couple years ago. [...]



The Funded reveals term sheets

Jan 27th, 2008 | By Startup Addict | Category: VC

I Posted on The Funded in 2007 shortly after initial launch. The company that lets entrepreneurs rate VC’s based on their various experiences has yet again raised the ante. The new service from The Funded will allow entrepreneurs access to the elusive term sheet. If you are unfamiliar with a term sheet check out three [...]



MySQL sold for $1 billion dollars

Jan 16th, 2008 | By Startup Addict | Category: VC

MySQL sold for $1 billion big ones…this is huge news. 2008 is officially the year of open source. The open source database startup MySQL was acquired by Sun Microsystems for $1 billion. MySQL was originally funded $39 million from Benchmark, Index, IVP, Intel, and SAP.
TechCrunch stated:
Startups with similar business models – managing a free [...]



First Quarter VC investment strong

May 17th, 2007 | By Startup Addict | Category: VC

The Top six industries according to VCdeal
Internet 39 fundings with average amount of 7.5M
Software [...]



CBS proves Bubble 2.0 may exist.

May 13th, 2007 | By Startup Addict | Category: VC

CBS forks out $5 million big ones for Wallstrip according to reports from jossip. Wallstrip is a humorous take on Wall Street and sustained an original investment of 500K from Union Square Ventures (Fred Wilson). One has to wonder as Techcrunch poignantly mentions why would CBS pay so much dough for a company that makes [...]



The Funded. VCs feel Entrepreneurs pain.

May 8th, 2007 | By Startup Addict | Category: VC

I came across my new favorite VC site “The Funded” this morning and was dying to blog about it. The site allows entrepreneurs to rate and review their experiences with Venture Capital firms and individual VCs. Some of the comments are down right appalling while some are laugh-out-loud funny. Either way a simple yet compelling [...]



VCs start to feel the cold shoulder

Apr 30th, 2007 | By Startup Addict | Category: VC

For the last decade VCs have been the most coveted “old-boys club” for the money-thirsty entrepreneur. They represent the holy grail of funding and the glimpse of success. Unfortunately, once a pioneer leaves 4 quarts of blood on the alter, 60% of the startup equity is vanquished.
Today venture captial continues to rise, yet the [...]