Editor’s note: Glenn Solomonis a Partner with GGV Capital . Some of his recent investments include Pandora, Successfactors, Nimble Storage, Isilon, Domo, Square, Zendesk, Quinstreet and AlienVault. His personal blog, goinglongblog.com , focuseson growth-stage entrepreneurs who are thinking big. Follow him on Twitter @glennsolomon .
It was once a rare practice, but employees are now finding more ways to unload vested shares in their startups along the way. While employers have typically tried to control these sales, a new marketplace called Equidate is opening up that will let employees sell equity with or without the startup’s consent (although Equidate would prefer to collaborate with employers).
"Investors often ask us about the sentiment on Apple (AAPL)," said Morgan Stanley's Katy Huberty in a recent note to clients. "The qualitative answer is that sentiment is negative as most funds question Apple's ability to grow revenue long-term.
The stock market brouhaha around cloud-based storage and collaboration is about to begin: Mark DeCambre at Quartz is reporting that Box has secretly filed for its initial public offering with the US Securities and Exchange Commission. According to Quartz's sources, the company has reached out to Morgan Stanley, Credit Suisse, and JP Morgan Chase to help underwrite its stock offering.
After all the VC deals that get done at Blue Bottle Coffee, it’s only fitting that Blue Bottle Coffee’s fundraising be one of them. The tony coffee brewery announced its $25.7 million investment, completed at its flagship store in Oakland, earlier today.
David Gelles and Michael J. de la Merced report that across Silicon Valley, start-ups, already flush with cash, are piling on the investment dollars.Of the 100 largest venture capital rounds on record, 88 were issued within the past five years, according to CrunchBase, which tracks venture funding. Each delivered more than $50 million to the companies.
Google announced today that it bought Divide, a company that makes a popular app that lets you securely access corporate documents and email from your phone. Terms of the deal were not disclosed, but Divide, founded in 2010, has raised $23 million from venture investors including Google's own VC arm, Google Ventures.
Words With Friends game maker Zynga announced that it is acquiring U.K.-based gaming company NaturalMotion for $527 million in cash and equity. The company also announced that it would be laying off about 15% of its workforce — that comes out to roughly 314 employees.
Editor’s note: Mike Jones, formerly CEO of Myspace, is the CEO of Science, Inc., a Los Angeles-based technology studio that nurtures successful digital businesses by bringing together the best ideas, talent, resources and financing through a centralized platform. Follow him on Twitter @mjones .
Wall Street has finally found an adtech IPO that it actually likes. Maybe even loves. Rubicon Project, the giant online ad server, went public today at $15 and by mid-afternoon the stock was up 36% to $20.52. The sale raised $101.5 million from 6.8 million shares. Rubicon will get $81.
Pat has 17 years of technology investing, operations and finance experience. Prior to starting CrunchFund, Pat was a Partner at VantagePoint. Before that Pat worked at Morgan Stanley Venture Partners. His experience cuts across many different IT sectors and stages and he has made dozens of initial and follow-on investments. Before joining Morgan Stanley, he held management roles at RealNames, an …
Buried in the report is the following table that lays out everything Apple has done since 2012 that points toward it releasing some sort of wearable device like an iWatch:Morgan Stanley has a big report out today on the "Internet of Things."
Here's what the internal Words With Friends dictionary looks like:It's been a crazy year for game-maker Zynga — it fired 15% of its workforce, and bought U.K.-based game company NaturalMotion in January — but it looks like the company is trying to turn things around.
ou're the kind of person who sees data like that and thinks: How can I get into San Francisco's house-flipping, rent-gouging market?he least affordable housing market in the U.S." – with just 14% of inventory in a price range middle class incomes can afford.You've probably heard all about how San Francisco's real estate market is insanely hot. Here are a quick few pieces of data to remind you. First, there's this flier listing apartment rents that SF-based writer Adam Carstens posted to Twitter a couple weeks ago. Yes, that's a studio for $2,795. Next there's this chart from Morgan Stanley. It shows that San Francisco real estate prices are up ~50% since the trough of the housing recession.
Morgan Stanley analyst Katy Huberty says Apple’s upcoming smartwatch will experience a “halo effect” as a result of the soaring popularity of the iPhone, in the same way the iPod helped drive the success of Mac computers in the early 2000s.And it's easy to see why: Among iPhone owners, Apple's smartphone is more popular than ever.
You probably have not heard of Oren Zeev, and he would prefer it that way. There’s a small breed of early investors in Silicon Valley who primarily invest their own money, but who want to have an active role in building a company. This model isn’t for everyone.
It was 2001, more than a decade before GoPro would announce itsintentions to go public, and its CEO Nick Woodman was facing a very expensive failure. In just two years, he'd lost nearly $4 million of investors' money, building a social gaming startup that never took off.
Shares of Groupon are down 20%. Adjusted for nonrecurring items, the company earned $0.04 per share, the company said in its Thursday afternoon Q4 earnings announcement . This was stronger than the $0.02 expected by analysts. Revenue of $768.4 million smashed expectations for $718.0 million. Management's guidance was mixed.