Andreessen Horowitz Distributes Facebook-Instagram Shares, But Holds Bulk of...
According to a new filing to the Securities and Exchange Commission, high-profile Silicon Valley venture firm Andreessen Horowitz has distributed just over three million shares of Facebook that it got...
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New York Techie Chris Dixon in Talks to Be Next Partner at Andreessen Horowitz
According to sources, well-known New York techie Chris Dixon is in the final stages of discussions to become a partner at the high-profile Silicon Valley venture firm Andreessen Horowitz. While the...
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Confirmed: Chris Dixon Becomes Seventh Investing GP at Andreessen Horowitz
Chris Dixon will indeed be the latest VC to join Andreessen Horowitz, as I had reported earlier was likely, starting in January. Dixon is a lively and interesting choice for the high-profile Silicon...
View ArticleVCs Still Chasing Web Companies, but With Less Cash
Venture investors still have a healthy appetite for early-stage consumer Internet companies, but those startups are having a harder time raising follow-on financing. Overall the amount invested in...
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Small Is Beautiful: Greycroft Partners Raises $175 Million in Third Fund
Greycroft Partners has closed a $175 million fund, its third since it began investing in consumer Internet and media companies in mid-2000. In a press release, the New York- and Los Angeles-based...
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Khosla Ventures Brings In Condoleezza Rice's Firm for Strategic Role
In yet another instance of a Silicon Valley venture firm bringing in big government guns to class up the place, Khosla Ventures said that it had signed the international consulting firm run by former...
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Tasty: FoodyDirect Gets $3M, as Former Goldman Tech Banker Turns Entrepreneur
For a long time in Web 1.0 and Web 2.0, Brad Koenig was one of Silicon Valley’s top investment bankers, shepherding deals such as Yahoo’s IPO and a plethora of others. That’s no surprise, given that...
View ArticleGreycroft Adds New Los Angeles Partner: Mark Terbeek
Mark Terbeek is joining Greycroft Partners as a new venture partner in its Los Angeles office. He joins Dana Settle there, and will focus on online video. Terbeek comes to Greycroft from MK Capital,...
View ArticleWSJ's Worthen Joins Sequoia as Head of Content
Longtime Wall Street Journal reporter Ben Worthen is joining Sequoia Capital as head of content to work with its startups, including on improving its blogs, social media and video. The Silicon Valley...
View ArticleMango Health App That Games Taking Meds Launches With Target Partnership
San Francisco-based Mango Health — a new mobile app aimed at allowing people to manage their personal health by tracking medications and nutritional supplements they take — is launching after a 16-week...
View ArticleMatrix Partners Adds Two New EIRs
Matrix Partners has added two new entrepreneurs in residence, Kevin Barenblat and Mihir Shah. Barenblat founded social music app SpotDJ and Context Optional, a social marketing software startup which...
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Go Far West, Young Startup: SoftBank Capital and Yahoo Japan in $20M Fund to...
SoftBank Capital and Yahoo Japan said they had created an unusual $20 million fund to help U.S. startups break into the Japanese market, while also upping a presence in the U.S. The partnership...
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Former Groupon President and COO Solomon Joins Accel Partners
Accel Partners has added longtime tech exec Rob Solomon — who was most recently president and CEO of Groupon — as a venture partner. The high-profile Silicon Valley venture firm said Solomon will...
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Jawbone Hires Microsoft's Mindy Mount as President to Turbocharge Ops
In a key hire, Jawbone said today that it had hired Mindy Mount, a top corporate VP at Microsoft, as its president. The move by the San Francisco-based maker of wireless, music and wearable devices is...
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Another VC Is Born: Well-Known Internet Exec Ben Ling Joins Khosla Ventures
Ben Ling, a longtime Silicon Valley angel investor and Internet exec, has joined Khosla Ventures as a new member of the investment staff. Ling is the second hire of high-profile operating execs by...
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With $1.6 Billion in Cash, Zynga Is Now Worth Less Than $750 Million to...
After it announced layoffs of 520 employees and lowered its guidance to Wall Street, Zynga’s stock dropped precipitously yesterday, down 12 percent, to dip below $3 a share. The decline put the market...
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Bahat to Head $75 Million Bloomberg Beta Tech Fund
Bloomberg is launching Bloomberg Beta, a new $75 million venture capital tech fund that will be headed by former IGN head Roy Bahat. The newly minted VC is charged with investing in and also creating...
View ArticleFormer News Corp Digital Exec Jon Miller Joins Shari Redstone's Advancit as...
Former News Corp digital head Jon Miller has joined Advancit Capital as a partner. Advancit is an early-stage investment firm that was started two years ago by Shari Redstone and Jason Ostheimer;...
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Former Facebook Exec Ali Rosenthal Joins MessageMe as COO
Former Facebook mobile exec Ali Rosenthal has been hired as COO for MessageMe, according to her blog post on Tumblr. She will report to CEO Arjun Sethi at the startup that makes a mobile application...
View ArticleBattery Ventures Hires a Top Comms Exec: Former WSJ Reporter Rebecca Buckman
Like many venture firms in Silicon Valley, Battery Ventures has hired a top communications and content exec — former Wall Street Journal reporter Rebecca Buckman. She will be a VP at Battery, in charge...
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Yahoo Paid $60M to $70M for Rockmelt -- Will Dump Browser and Use Tech to...
According to sources close to the situation, Yahoo paid $60 million to $70 million for social browser startup Rockmelt, with an aim of using its technology to turbocharge its myriad of media and...
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Longtime Online Exec Tina Sharkey Joins Sherpa Foundry as CEO
Tina Sharkey, the former CEO of BabyCenter, is joining a new venture aimed at helping corporations get better at taking advantage of their digital assets. Sharkey, who is a well-known Silicon Valley...
View ArticleQOTD: Fresh-Squeezed Creativity
I’m a giant vat of creative juices. – David Pogue on why he’s joining Yahoo
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Snapchat Is Mulling Another Huge Round at a $3.5 Billion Valuation
Only a few months after closing a Series B round of $60 million that valued the ephemeral messaging company at $800 million, Snapchat has been in talks for another funding that values it at up to $3.6...
View ArticleFormer Zynga Security Head Puhlmann Joins Endgame as CTO
Nils Puhlmann, former Zynga chief security officer, is joining security solutions provider Endgame — best name ever — as CTO. The Arlington, Va.-based Endgame is backed by venture investors, including...
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