Fitbit Closes $12M in funding

Fitbit Closes $12M in Series C Funding Led by Foundry Group and True Ventures Funding to Accelerate Market Leadership in Fast-Growing Digital Health and Fitness Device Industry. The company release a press release this morning regarding the third round of funding.
Fitbit, the market leader in the digital health and fitness device category and maker of the [...]

Fitbit funding

Boxee Review

I finally got my hands on the boxee d-link and pre-ordered the “live tv” USB stick that was showcased at CES this year.
I have followed boxee as a startup since it’s inception. It has garnered over $26 million over three rounds from notable VCs like Spark Capital and Union Street Ventures (I’m a fan of both). The major obstacle [...]

boxee-review

Entrepreneurship towards a Good Economy

In on our economy today, being entrepreneurs is now a trendy approach to land a good job, and be in charge of your own fate. Governments even acknowledge that entrepreneurship is a solution to high unemployment. It seems entrepreneurs are to lead the way to a better future. But are our young people ready to [...]

Out Of Classroom Success

How to Twitter

As Twitter becomes the most buzzed about social network of 2011 many people are still asking themselves “How do I use it?” Unless you lived under a rock for the last few years you already know Twitter is a free micro-blogging service that allows people to send updates up to a 140 characters long. You [...]

how to twitter

A New Year’s resolution that matters

Life is a series of collisions with the future; it is not the sum of what we have been, but what we yearn to be. - Jose Ortega y Gasset
At Startup Addict I think of new year resolutions differently than most people might. I focus on annual goals rather than broad or cliche resolutions like losing weight or [...]

new-year-resolution

Startups

lean-startup

The Lean Startup

I finally carved out some time to read The Lean Startup by Eric Ries. The Lean Startup is a methodology rooted from the product development world of manufacturing and applied to new and existing businesses in the startup value chain.
A system developed by Eric Ries in an attempt to add more scientific method and structure to the startup process. [...]

renting desk space

Renting Desk Space

Sponsored Post

Is renting desk space for me?

Many of us are familiar with the office leasing landscape from previous ventures, but the last few years have seen a huge rise in new ways to rent office space – a key one being desk space rental. But is it for you?

The key disadvantage of leasing an office [...]

sonar mobile app at NY Disrupt

Sonar mobile

Day 1 of NYDisrupt startup finalists in the location category surged the stage with Karizma, SpotOn, Sonar, Arrived, and Gnonstop Gnome all pitched their wares. Geo-location continues to be a red hot space for startups and although GetAround won the overall NY Disrupt, Sonar was my personal favorite with no exception. Sonar is a [...]

Apple WWDC 2011 Keynote Coverage

Apple WWDC 2011 Keynote Coverage

The apple Word Wide Developer Conference got underway today with over 5200 attendees. Steve Job’s opened the Keynote as usual stating hardware is the brain of our products, and software is our soul. This conference will be about software.

OS X Lion

Phil Schiller, SVP of product marketing for Apple pounced on to the stage with the [...]

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Venture Capital

playdom

Playdom raises another $33 Million in VC

[/caption] 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 [...]

marc-andreessen

Andreessen Horowitz

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 [...]

spark

Seed Program at Spark Capital

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 Term Sheet

The Funded reveals term sheets

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

MySQL sold for $1 billion dollars

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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 [...]

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